Cheap Auto Insurance for Hybrid Vehicles in Alabama

We always joke that when we write about car insurance, the words “affordable” or “cheap” really shouldn’t be used anywhere in the article to describe car insurance prices. Notwithstanding, cheap car insurance for hybrid vehicles can be extremely hard to find. Don’t let that spoil your day, because we are going to tell you how you can still get car insurance that is more budget-friendly.

Deciding which company quotes the cheapest auto insurance rates for hybrid vehicles may require a little more sweat in order to find a policy that fits your budget. Each insurer has a different process to determine premium rates, so we need to take a look at the overall cheapest auto insurance companies in Alabama.

It’s important that you understand Alabama auto insurance rates are determined by lots of factors which can substantially change the price of your policy. Getting older, getting divorced, or getting a couple of tickets may cause policy rate changes that can make some companies more affordable than others.

Cheap Insurance Rates for Hybrids

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Travelers generally has some of the most affordable car insurance rates in Alabama at around $807 annually. Cincinnati Insurance, USAA, GEICO, and Safeway also are some of the lowest-priced Alabama insurance companies.

In the above rates, if you are insured with USAA and switched to Travelers, you might see yearly savings of upwards of $97. Drivers with GEICO might save as much as $212 a year, and Safeway customers might see rate reductions of $363 a year.

If you would like to find cheap auto insurance for hybrid vehicles in Alabama, click here to get quotes or quote prices from the following companies.

Bear in mind that those policy prices are averaged across all drivers and vehicles and do not factor in a price decrease for hybrid vehicles. So the auto insurance company that is most affordable for your situation may not even be in the list of companies above. That underscores the importance of why you need to quote rates from as many companies as possible using your own specific driver and vehicle information.

We all like different vehicles, and the type of vehicle you are insuring is one of the biggest factors when shopping for cheap auto insurance for hybrid vehicles in Alabama. Vehicles with higher performance characteristics, poor crash test ratings, or a track record of large liability claims will cost quite a bit more to insure than more modest models. The lists below outlines insurance rates for a handful of the most budget-friendly vehicles to insure in Alabama.

Table data represents 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-policy, homeowner, multi-vehicle, and claim-free. Premium amounts do not factor in specific garaging location which can affect premium rates greatly.

Table data represents 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, claim-free, and homeowner. Rate quotes do not factor in zip code location which can impact premium rates substantially.

Data assumes married male driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Alabama minimum liability limits. Discounts applied include claim-free, safe-driver, multi-vehicle, multi-policy, and homeowner. Prices do not factor in specific zip code location which can change auto insurance rates considerably.

Full coverage rates compared to liability-only

Finding cheap auto insurance for hybrid vehicles in Alabama should be important to the majority of people, and an easy way to save on the cost of insurance is to not buy full coverage. The information below shows the comparison of insurance premiums with full coverage compared to only the Alabama minimum liability coverage. The premiums assume no accidents or driving violations, $100 deductibles, drivers are not married, and no discounts are applied.

On average, full coverage on your policy costs $1,933 per year over liability only. That is a significant amount which raises the question if physical damage coverage is worth the money. There is no specific rule to delete full coverage, but there is a general school of thought. If the annual cost of having full coverage is 10% or more of the replacement cost of your vehicle minus the policy deductible, then you may want to consider only buying liability coverage.

Violations and accidents raise rates

In a perfect world, the ideal way to earn low auto insurance rates in Alabama for hybrids is to be a good driver and maintain a clean driving record. The chart below demonstrates how citations and accident claims can influence premium costs for different insured age categories. The premiums assume a single male driver, comprehensive and collision coverage, $500 deductibles, and no discounts are applied to the premium.

The data charted above shows the average cost of a car insurance policy per year with no accidents and a clean driving record is $2,122. Receive one speeding ticket and the average cost hikes up to $2,393, an increase of $271 each year. Then add one accident along with the one speeding ticket and the annual cost of auto insurance for hybrid vehicles jumps again to an average of $3,155. That’s an increase of $1,033, or $86 per month, just for being a careless driver!

How to find economical auto insurance for hybrid vehicles

Here are some of the better money-saving ideas that can help Alabama drivers quote cheaper coverage.

• Buy a vehicle with excellent safety ratings
• Good credit can save money
• Higher deductibles save money
• Being accident-free can lower rates significantly
• If your vehicles are older, consider dropping full coverage
• Avoid speeding and other traffic citations and pay less
• Shop around for cheaper rates regularly

The last tip in the list is especially important, as was stressed in the article above. Coverage prices can change considerably based on profitability, so don’t be afraid to change insurance companies if a lower price can be found. Staying with the same car insurance company is fine, but it isn’t a good idea if that loyalty ends up costing money that could be going to better use. Take a couple minutes and shop around and find cheaper auto insurance for hybrid vehicles.

Cheapest insurance quotes for hybrids

Due to technology, there are many ways to quote cheap auto insurance rates in Alabama, but the most common are through an exclusive agency such as State Farm or Allstate, an independent or non-exclusive agent, or direct online or over the phone from a company like Progressive or Geico. You can use whichever you prefer, but it’s good to know the differences in how they function.

Independent insurance agents are appointed by several companies and can quote your policy with every one. These types of agencies possess the freedom to give you more rates, which may provide you with more bang for your buck. If your premiums go up, they simply move your policy to a different company which is easy for the insured.

A captive, or exclusive, agent is usually restricted to a single company, examples being a State Farm or Allstate agent. They are unable to provide a range of price quotes, so if rates are not competitive, they cannot shop around.

If you choose to buy auto insurance direct, you bypass an exlusive or independent agent and buy direct from companies such as Esurance or Progressive. Buying direct can be a good choice for people who do not need advice for risk management and have a good understanding of what specific coverages and deductibles they need.

So out of those three methods, which one works best to buy cheap auto insurance for hybrid vehicles in Alabama? We’d like to tell you buying from a direct car insurance company yields the cheapest rates since that prevents the need to pay agent commissions, but unfortunately, that is not the case. We could also assume that using an independent agent guarantees the cheapest rates because they can quote many companies, but that assumption is also not necessarily accurate. And occasionally, exclusive agents have coverage prices that other auto insurance companies cannot touch.

Since auto insurance prices are based on many different factors, the guaranteed way to ensure you are not overpaying is to obtain price quotes and compare them. Make the effort to get quotes from all three in order to be able to find the lowest price. We compiled a list of companies with some of the cheapest online rates that you can click here to view.