Cheapest car insurance companies in Montgomery
A recent data analysis by Insurance.com found the cheapest car insurance companies are Nationwide and Travelers in Montgomery for 2023.
Nationwide is the cheapest option for most Montgomery drivers, with an average annual rate of $1,251 .
When it comes to car insurance costs in Montgomery, several factors come into play. Your location, driving record, coverage level, and the insurance company you choose can all affect the price you’ll pay. Make sure you shop around and compare policies apples to apples to get a good deal on your insurance policy.
| Companies | Average annual rates |
|---|---|
| Nationwide | $1,251 |
| Travelers | $1,417 |
| USAA | $1,429 |
| Geico | $1,745 |
| State Farm | $1,842 |
| Country Financial | $1,948 |
| Allstate | $2,119 |
| Auto-Owners | $2,135 |
| Farmers | $2,666 |
| Progressive | $2,708 |
Cheapest car insurance cost in Montgomery by Age Group
Country Financial is the cheapest option for car insurance in Montgomery for teen drivers, with average annual premiums at just $3,939 annually. Teenagers face high insurance costs due to inexperience and higher accident rates.
Teens can maintain lower car insurance premiums by leveraging the good student discount or by remaining on their parent’s existing policy as long as feasible.
When compared to other car insurance companies, Nationwide turned out to be the cheapest car insurance company for young drivers in Montgomery, offering full coverage at an annual average cost of $2,108.
For Montgomery drivers entering their 30s, car insurance becomes significantly more affordable compared to their younger years. Nationwide provides the cheapest car insurance premiums, offering full coverage policies at $1,240 annually.
Montgomery senior drivers seeking affordable car insurance should look no further than Nationwide. It offers the cheapest car insurance rates for seniors, with an average annual premium of $1,168. It makes Nationwide a good choice for seniors who want to save money without sacrificing coverage.
| Company | Teens | Young Adults | Adults | Seniors |
|---|---|---|---|---|
| Country Financial | $3,939 | $2,792 | $1,977 | $1,837 |
| USAA | $4,046 | $2,253 | $1,471 | $1,492 |
| Travelers | $4,437 | $2,197 | $1,446 | $1,458 |
| Nationwide | $4,511 | $2,108 | $1,240 | $1,168 |
| Geico | $4,719 | $2,493 | $1,734 | $1,695 |
| State Farm | $5,326 | $3,075 | $1,856 | $1,792 |
| Auto-Owners | $6,068 | $3,696 | $2,174 | $2,260 |
| Allstate | $7,450 | $3,090 | $2,102 | $2,187 |
| Farmers | $11,509 | $3,371 | $2,525 | $2,769 |
| Progressive | $12,105 | $4,415 | $2,715 | $2,700 |
Cheapest car insurance companies in Montgomery by driver profile
Your driving profile plays an important role in determining your car insurance rates in Montgomery. Those with past accidents, speeding tickets, or other traffic citations on their record can expect increased insurance rates compared to drivers with clean driving records.
Finding the cheapest car insurance in Montgomery requires comparing quotes from multiple companies. This way, you can get the best coverage for your budget. Don't settle for the first offer; explore options for the most affordable fit.
Below are some of the cheapest car insurance companies in Montgomery by driver profile.
- Cheapest for a driver with poor credit: Nationwide
- Cheapest for a driver with a speeding ticket: Nationwide
- Cheapest for accident: Nationwide
- Cheapest for DUI: State Farm
Cheapest for a driver with poor credit: Nationwide
Drivers in Montgomery with poor credit can get the cheapest car insurance from Nationwide at an average cost of $1,376 a year, according to a data study by Insurance.com.
Below is a list of carriers that offer car insurance at an affordable rate for drivers with poor or less-than-perfect credit scores.
| Company | Average annual rates |
|---|---|
| Nationwide | $1,376 |
| Geico | $1,727 |
| USAA | $2,054 |
| Travelers | $2,197 |
| Allstate | $2,605 |
| Progressive | $3,156 |
| Farmers | $3,725 |
| State Farm | $5,560 |
Cheapest for drivers with a speeding ticket: Nationwide
Nationwide offers the cheapest auto insurance rates for drivers with a speeding ticket in Montgomery. It provides full coverage car insurance for drivers aged 30 at about $1,353 per year.
Finding the right car insurance company is all about individual needs. Take the time to compare quotes from different carriers and secure the best deal. With careful analysis, you can find an insurance company that provides the best rates and coverage tailored to your specific needs.
| Company | Average annual premium |
|---|---|
| Nationwide | $1,353 |
| USAA | $1,376 |
| Allstate | $1,737 |
| Travelers | $1,850 |
| State Farm | $1,872 |
| Geico | $1,991 |
| Progressive | $2,442 |
| Farmers | $3,132 |
Cheapest auto insurance after an at-fault accident: Nationwide
Nationwide is the cheapest auto insurance provider for drivers with a history of accidents. Its average annual rate for a driver with an at-fault accident in Montgomery is $1,581. If you've had an accident in the past, it's important to find a provider that offers rates that are affordable and won't hurt your pocket.
| Company | Average annual rates |
|---|---|
| Nationwide | $1,581 |
| Travelers | $1,943 |
| USAA | $2,050 |
| State Farm | $2,090 |
| Geico | $2,186 |
| Allstate | $2,568 |
| Progressive | $3,330 |
| Farmers | $3,636 |
Cheapest auto insurance after a DUI: State Farm
Among the carriers analyzed, State Farm offers the cheapest auto insurance premiums for drivers with a DUI in Montgomery. On average, its annual full coverage rate is $1,872, making it a significantly cheaper option than other insurance providers.
Following a DUI conviction, it's likely that your auto insurance premiums will increase. To get affordable premiums, compare car insurance quotes from various providers. Comparison shopping can help you find the best possible offer.
| Company | Average annual rates |
|---|---|
| State Farm | $1,872 |
| Nationwide | $2,152 |
| Allstate | $2,276 |
| Travelers | $2,355 |
| USAA | $2,628 |
| Geico | $2,649 |
| Progressive | $2,682 |
| Farmers | $3,769 |
Average car insurance cost in Montgomery
The average car insurance rate in Montgomery for full coverage is $1,926 per year or $161 a month. These rates are for coverage levels of 100/300/100. Whereas the average rate for state minimum coverage in Montgomery is $495 per year.
While full coverage car insurance is more expensive than the state minimum, it provides valuable protection for your own vehicle in addition to coverage for other drivers in the event of an accident. To save money, consider comparing quotes from multiple insurance companies.
| Average annual Rates | State minimum average |
|---|---|
| $1,926 | $495 |
Methodology
Insurance.com commissioned 2023 data for the cheapest car insurance rates in cities from Quadrant Data Services for all 50 states and Washington D.C. Rates are based on the following profile:
- 40-year-old male driver
- Honda Accord LX
- 12-mile daily commute, 10,000 annual miles
- Good credit
- Clean record
While the rates for drivers with poor credit, speeding tickets, DUI and at-fault accidents were sourced from the Auto Problems Report 2023.
Rates are based on coverage limits of:
- $100,000 bodily injury per person
- $300,000 bodily injury per accident
- $100,000 property damage per accident
- $500 comprehensive and collision deductible
Insurance.com analyzed rates from over 34,000 ZIP codes, 56 million quotes, and 136 companies. Based on the analysis, we have created lists of the cheapest companies for different driver profiles. USAA also made it to the list, but it offers services only to current and former military members and their families. Rates sourced from Quadrant Data Services for comparison purposes only; your rates may differ.
Compare auto insurance rates by city in Alabama
Helpful auto insurance tools and calculators
