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How much is car insurance in Fort Payne?
|Area||Average Monthly Car Insurance Premium|
The cost of coverage in Fort Payne is about $8 a month cheaper than it is for the rest of Alabama.
Similarly, the expected monthly payments for an auto insurance policy in Fort Payne are below the national average. Auto insurance coverage in Fort Payne is about $36 cheaper than it is for the rest of the U.S.
Bear in mind that while these are the average car insurance rates for Fort Payne, you could end up paying something different. There are a variety of factors that insurance companies consider when determining how much to charge you for insurance. The final dollar amount you'll be asked to pay each month is calculated based on things like age, gender, vehicle make and model, driving record, and in some cases, credit score.
Don't sweat it however, we've broken down average rates for Fort Payne residents based on several different factors so that you can get a more accurate idea of the bill you'll see each month. And if you think you might be overpaying for insurance, simply enter your ZIP below to learn more about rates in your area!
Average Car Insurance Rates by Age
|Age Range||Average Premium|
|Under 18||Not Enough Data|
The older you are, the more experienced you are on the roads. When it comes to car insurance premiums, that experience can really pay off. In this case, 18-24-year-olds pay twice as much as someone who is at retirement age.
As you get older, you can expect to see a drop in your monthly premium every 10 years. That said, once you hit retirement, your rates may climb back up a bit in Fort Payne.
Average Car Insurance Rates by Gender
On average, female drivers pay slightly less for car insurance than their male counterparts. The difference in average rates in Fort Payne totals about $9 a month. Based on the chart above, you can see that female drivers pay around $40 on average, while male drivers typically pay $49 each month.
Average Auto Insurance Rates by Driving Record
|Infractions||Average Monthly Premium|
|Multiple Tickets||Not Enough Data|
One of the biggest factors in determining your car insurance rates is your driving record. Drivers with clean records will pay lower rates than those with accidents or violations. In Fort Payne, having a single accident on your record will usually get you rates around $70 a month. Likewise, drivers with one ticket will be looking at a rate of around $64 a month on average.
Average Insurance Rates by Vehicle
|Vehicle Age||Average Monthly Premium|
|Less Than 1 Year||Not Enough Data|
|15 Years or Older||$44|
The most affordable vehicles to insure in Fort Payne are usually SUVs, which run about $41 per month.
Truck and van drivers will see rates of about $47 for car insurance, while SUV owners typically pay around $41 per month.
Vehicle age can also affect your monthly bill. Generally, the most expensive vehicles to insure are going to be newer ones. Once your car is close to 5 years old, however, you may see your bill start to shrink a bit. In Fort Payne, vehicles eleven-to-fourteen years old and fifteen years and older are the most expensive to insure.
Average Car Insurance Rates by Relationship Status
|Relationship||Average Monthly Premium|
|Single (never married)||$47|
Generally, married policyholders will pay slightly less to insure their car. This occurs because insurance companies commonly extend special discounts to policyholders with multiple vehicles that are on the same policy.
On a national scale, single drivers typically pay more than married couples do for auto insurance. Fort Payne is no exception, with the difference totaling to around $11 a month.
Average Car Insurance Rates by Housing Situation
|Housing Status||Average Monthly Premium|
|Live with parents||$76|
Another factor taken into consideration is your living accommodations. Renters can expect to pay around $1 a month less than drivers who own property in Fort Payne. Those who live with their parents, however, can expect to pay a lot more.
Many companies, however, will offer you a discount to bundle your home or rental insurance with your auto insurance policy, which can help reduce your overall costs.
Car Insurance Companies in Fort Payne, AL
Recent trends in car insurance for Fort Payne drivers
Given that average rates are often changing, it's a smart move to know the direction your area is trending before picking an insurance policy.
In Fort Payne, car insurance rates increased from 2016-2017, when they reached a high of $53, but began to decrease from 2018-2020. They finished up in 2021, at $38.
How does Fort Payne compare to neighboring areas?
Why are car insurance rates in Fort Payne different from other areas?
There are a variety of factors car insurance companies will consider when choosing how much to charge for a monthly rate. The specifics of where you park your car will have an impact on your personal policy. This might include things like:
- Amount of off-street parking
- Road Safety (frequency of car accidents)
- Area crime rates
- Community laws
- Total drivers
You can't change these factors yourself, but they're something to take into consideration when shopping for a new policy or looking to move into an area. Different cities and towns will each have different rates, so guides like these are a handy way to learn more.
How can I find the cheapest car insurance in Fort Payne?
While understanding what the average costs are for drivers like you can be helpful as you get an idea of what you might end up paying, the only way to know exactly what your rate will be is by requesting a quote from car insurance companies.
But wait! Compare.com has you covered. Just punch in your ZIP Code below, answer a few questions, and you'll be comparing the cheapest quotes from numerous car insurance companies providing plans in Fort Payne in no time.
Fort Payne Insurance FAQs
What factors affect car insurance quotes in Fort Payne?
Auto insurance companies take a wide array of factors into consideration when calculating your monthly payment. These include things like your vehicle's year, make and model, your age and gender, as well as your driving record, credit score, address, and marital status.
Why is the cost of car insurance in Fort Payne different from other neighboring cities?
Your address and the city you live in have a significant impact on how much a car insurance company might charge for your policy. Companies take into consideration things like parking situations, local laws, and crime rates when calculating your quote -- all of which can change from city to city.
Which car insurance company will offer me the cheapest rate in Fort Payne?
Since the factors that car insurance companies take into consideration when calculating the rate you might pay differ from person to person, there is no one insurance company that will offer the cheapest rate to everybody. Things like your driving record, the number of drivers on the policy, and vehicle make and model, plus a number of others, are all taken into account. Because of this, it's a good idea to use sites like Compare.com to compare multiple quotes at once.
Do I need to change my insurance if I move to Fort Payne?
Whenever you move to a new area, or experience any other major life event such as getting married or finding a new job, it's always a good idea to re-evaluate your current insurance policy. Certain companies may offer larger discounts in certain cities, so it's a smart idea to use services like Compare.com to compare quotes from dozens of companies side-by-side.
Do I need to wait for my policy to expire to switch to a different car insurance company?
No. You can switch companies at any time, regardless of how long is left on your current policy. So, if you've recently moved to Fort Payne or it's been a while since you last compared car insurance rates, you may want to take 10 minutes and see if Compare.com can save you money.