Who Has the Cheapest Car Insurance Quotes for Drivers with Bad Credit in Alabama?

For people with poor credit, one of the more important things that is used by car insurance companies to determine insurance cost is where you call home in Alabama. More densely populated places like Birmingham, Prichard, and Homewood tend to have more expensive car insurance rates, whereas areas with fewer weather claims and lower vehicle theft rates benefit from lower coverage costs.

The next table rates the most expensive areas in Alabama for drivers with bad credit to purchase car insurance in.

Table data uses estimated as the specific zip code location can modify insurance rates greatly.

Cost and performance of the vehicle that is being insured is probably the most important factor when trying to find the cheapest auto insurance for drivers with bad credit in Alabama. Vehicles with high performance, poor passenger safety features, or a history of substantial liability claims will cost more to insure than more modest models.

The lists below illustrates auto insurance costs for a handful of the most affordable automobiles to buy insurance for.

Cost estimates assume married male driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Alabama minimum liability limits. Discounts applied include multi-policy, safe-driver, claim-free, multi-vehicle, and homeowner. Table data does not factor in vehicle location which can impact rates considerably.

Table data assumes married male driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Alabama minimum liability limits. Discounts applied include multi-policy, claim-free, multi-vehicle, safe-driver, and homeowner. Rate information does not factor in zip code location which can alter price quotes greatly.

Price data assumes married male driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Alabama minimum liability limits. Discounts applied include safe-driver, multi-vehicle, multi-policy, homeowner, and claim-free. Price estimates do not factor in specific location information which can change coverage prices greatly.

Impact of speeding/accidents on auto insurance rates

The obvious way to earn the best auto insurance premiums in Alabama for people with poor credit is to be a good driver and avoid at-fault accidents and violations. The information below illustrates how violations and at-fault claims can impact insurance prices for each different age category. The rates are based on a married female driver, full coverage, $100 deductibles, and no discounts are applied.

The data charted above shows the average cost of an auto insurance policy in Alabama per year with no accidents and a clean driving record is $1,493. Receive two speeding tickets and the average cost swells to $2,125, an increase of $632 each year. Now add two accidents along with the two speeding tickets and the 12-month cost of auto insurance for drivers with bad credit jumps again to an average of $4,366. That’s an increase of $2,874, or $239 per month, just for a couple of infractions!

How to find the cheapest auto insurance for drivers with bad credit

It is possible to find better rates, and here are many money-saving solutions that can help Alabama drivers buy the cheapest auto insurance.

• Buy a car with high safety ratings
• At-fault accidents will increase rates
• Higher credit scores can equal lower rates
• Avoid speeding and other traffic citations and pay less
• If possible, pay for small claims out-of-pocket
• Compare rates regularly and switch companies to save money

The last suggestion is extraordinarily significant, as was emphasized in this piece. Auto insurance prices fluctuate considerably, so drivers shouldn’t be reluctant to buy from a new company if a lower-cost policy is available. Having brand loyalty is commendable, but it’s not recommended if your bullheadedness ends up costing you major coinage every year. It only takes a couple minutes to shop around to find cheaper auto insurance for drivers with bad credit.