Montgomery, home to just over 200 000 residents is a vibrant metropolis that offers plenty of things to do and see. Alabama’s capital should be aware of the requirement that drivers have car insurance. Montgomery residents pay an average of $519 for minimum coverage, $1,642 for full coverage, and $519 to get it all. This is slightly less than the national average .
Alabama had a traffic accident in 2019 every 3 minutes and 18 seconds. This shows how crucial it is for Montgomery drivers to have the right auto coverage in order to protect their financial future. Based on the current average annual premiums from Quadrant Information Services, Bankrate has evaluated several carriers. To help motorists find affordable insurance in Montgomery, we also looked at coverage options, discounts available and customer service ratings.
Montgomery’s best car insurance companies
According to our research, Geico, Farmers Country Financial, State Farm and Country Financial are the best auto insurance companies. These four providers offer the best prices and offer a variety of coverage options.
| Insurance company | J.D. J.D. (Southeast region) | Minimum coverage: Average annual premium | For full coverage, the average annual premium |
|---|---|---|---|
| Geico | 857 /1,000 | $376 | $1,418 |
| Farmers | 832 /1,000 | $450 | $1,489 |
| Country Financial | N/A | $467 | $1,810 |
| State Farm | 835 /1,000 | $550 | $1,539 |
Quadrant Information Services, 2020
Geico
Geico gives Montgomery drivers the opportunity to lower their annual premiums and offers high customer satisfaction. Geico, a Berkshire Hathaway subsidiary, is the second-largest insurer for private passenger cars in the United States. The company offers discounts and savings for military personnel, students, and federal employees. A discount may be available for installing safety features such as airbags on your vehicle.
Farmers
Farmers is a national carrier that offers many coverage options as well as policy discounts. Customers who are looking for digital tools may be happy to learn that the mobile app makes it easy and accessible to manage their policies. The 2020 J.D. Score for Southeast Region was lower than the industry average, but Farmers still scored well. The National Association of Insurance Commissioners (NAIC) gave the company a roughly average complaint score. A score of 1.00 is indicative of a baseline level in complaints. The score for Farmers’ private passenger car insurance product was 1.08.
Country Financial
Country Financial is present in 19 states all across the country, including Alabama. You can customize your auto insurance policy with a few options, including safety glass coverage and emergency roadside assistance coverage. The coverage options offered by Country Financial are quite standard. However, there are many discounts that can be used to lower premiums. Bundling policies, driving safely and getting engaged may get you a discount. Country Financial offers a unique discount for occupations — teachers, firefighters and paramedics can save money on their car insurance.
State Farm
State Farm is the biggest insurer of personal cars in the United States. State Farm provides speciality coverage, such as rideshare coverage or gap insurance, to enable policyholders to tailor an auto insurance policy to meet their specific needs. You can save up to 17% by bundling your policies with discounts such as the Drive Safe & Save Program. J.D. did not give State Farm a score of above average in the Southeast region. Power. Power.
Montgomery has the lowest car insurance
Car insurance costs $565 annually for minimum coverage, and $1,674 annually for full coverage nationwide. Alabama residents pay slightly lower than the national average with an annual rate of $469 for minimum coverage, and $1,623 to cover full coverage. Montgomery’s average is $519 per year for minimum coverage, and $1,642 for full coverage.
Bankrate looked at the average premiums of the top insurance companies in the Montgomery region to determine the best affordable car insurance options. In addition to average premiums, Bankrate also reviewed factors like financial stability, customer service ratings and coverage options.
| Insurance company | Minimum coverage: Average annual premium | For full coverage, the average annual premium |
|---|---|---|
| Geico | $376 | $1,418 |
| USAA | $394 | $1,244 |
| Travelers | $420 | $1,113 |
| Allstate | $438 | $1,254 |
| Farmers | $450 | $1,489 |
While price is an important consideration when looking for car insurance, it’s not the only one. Before you make a decision on a provider, it is worth reviewing their customer service reviews, discount options, and financial stability.
Montgomery insurance requirements
Alabama mandates that all drivers have at least minimal liability insurance. Minimum insurance coverage in Alabama is:
- $25,000 per person for bodily injury
- $50k bodily injury per accident
- $25,000 property damage per accident
Insurance professionals recommend that you buy higher liability limits if possible. You could end up paying out-of-pocket costs if you have the minimum liability coverage and cause an accident.
Full coverage may be an option to cover damage to your vehicle. Your lender may require that you have comprehensive and collision coverage if you lease or finance your vehicle.
Alabama is sixth in the nation for highest proportion of uninsured motorists. Just over 18% are estimated to be uninsured. It may be worth adding uninsured motorist coverage on to your policy. If you are injured by an uninsured motorist, this coverage will pay for your medical bills as well as property damage up to the policy limits. Alabama insurance companies must offer at least 25/50 coverage for uninsured motorists. However, you can reject this coverage by writing.
Montgomery Discounts on Car Insurance
Montgomery drivers are charged the same as the average driver in the United States for car insurance, but discounts may be available to lower your premiums. Many car insurance providers offer discounts for policyholders. Montgomery offers discounts on a variety of items, including:
- Safe driving discount: You can save money by using an app or plug in device to monitor your driving habits.
- Your insurance company might reward you for being a good student by offering a discount on your policy.
- Safety equipment: Carriers will often offer discounts for cars with safety features like airbags, anti-theft systems or anti-lock brakes.
- Discount for paperless statements: Many carriers offer discounts when you choose electronic statements over paper.
Each insurance company has its own discount program. To ensure you’re taking advantage of all the discounts offered by your insurance company, check with them.
Questions frequently asked
Which is the best auto insurance company?
Because everyone is unique, the best auto insurance company may not be right for them. You can narrow your options by examining the factors such as customer service ratings, digital tools, average premiums, financial stability, and digital tools. It is a good idea to get quotes from multiple insurance companies and then compare them.
What amount of car insurance do you need in Montgomery?
To legally drive in Alabama, you will need to have at least 25/50/25 liability limits. There are many factors to consider when choosing the coverage you require. Your bank will likely require you to have comprehensive and collision coverage if you lease or finance your vehicle. Discuss your needs with an agent or insurance company to determine the right amount of insurance.
