Table of contents
How much is car insurance in Montgomery?
|Area||Average Monthly Car Insurance Premium|
You can see in the chart above that it's around $5 a month more expensive to insure your vehicle in Montgomery than it is in the rest of Alabama.
On the other hand, car insurance rates in Montgomery are often favorable when viewed against the rest of the country. Car insurance rates for the United States as a whole are, on average, $22 more expensive than the rates you'd pay in Montgomery.
These rates provide a great starting point for understanding what to expect for your monthly payment, but there's no guarantee that this is what you will end up paying. There are numerous factors taken into consideration by insurance companies when deciding the rate you'll pay for coverage. Things like age, gender, vehicle make and model, driving record and, in some areas, credit score can all play a part in your policy's monthly price.
We've broken down average rates for Montgomery to help you understand what your policy's monthly premium will cost. To find out if you're overpaying for your area, just enter your ZIP code below and find out in minutes!
Average Car Insurance Rates by Age
|Age Range||Average Premium|
|Under 18||Not Enough Data|
|45-54||Not Enough Data|
The more time you have behind the wheel, the more experienced of a driver you should be. When it comes to auto insurance rates, that experience pays off. As you can see, 18-24-year-olds pay one and a half times as much as drivers of retirement age.
For every 10 years, you can expect to see a drop in your monthly premium. As you get closer to retirement age, however, you may see your rates begin to climb back up.
Average Car Insurance Rates by Gender
On average, female drivers pay slightly less than male drivers for car insurance. In Montgomery, however, the difference in monthly policy premiums is minimal.
Average Auto Insurance Rates by Driving Record
|Infractions||Average Monthly Premium|
Your driving record can have a huge impact on your car insurance rates. Those with clean records will see the most affordable rates, whereas even a single accident or infraction can cost you. In Montgomery, having a single accident on your record will usually get you rates around $75 a month. Similarly, drivers with one ticket will typically pay around $90 on average.
Wherever you live, accidents,tickets, and other driving infractions will almost certainly drive up your monthly bill. That's why it's important to drive safely and keep your record clean so you can get keep your rates as low as possible.
Average Insurance Rates by Vehicle
|Vehicle Age||Average Monthly Premium|
|Less Than 1 Year||$67|
|15 Years or Older||$56|
If you look at the first table above, you'll see that trucks and vans are by and large the cheapest vehicles to insure in Montgomery.
The monthly premium for SUV owners is about $61 a month, while car owners' policies run them around $56 per month.
Truck and van drivers, however, typically pay around $51.
In addition to vehicle type, you can also expect to see slightly different rates depending on how old your vehicle is. Overall, newer vehicles are going to cost the most to insure. However, if your car is close to 5 years old, you can expect to see your rates start dropping back down. In Montgomery, for example, the most expensive vehicles to insure are vehicles less than one year old.
Average Car Insurance Rates by Relationship Status
|Relationship||Average Monthly Premium|
|Single (never married)||$60|
Overall, those who are currently married will pay less for their car insurance. This can usually be attributed to their policies having multiple vehicles, a factor some companies will reward with discounts.
As you can see, those discounts usually end up being about $11 a month for drivers in Montgomery.
Average Car Insurance Rates by Housing Situation
|Housing Status||Average Monthly Premium|
|Live with parents||$83|
Another factor that comes into play is your housing situation. Renters can expect to pay around $5 a month more than drivers who own property in Montgomery. Those who live with their parents, however, can expect to pay a lot more.
If you bundle your home or rental insurance and auto insurance policies, you can oftentimes reduce your car insurance costs, depending on your insurance company.
Car Insurance Companies in Montgomery, AL
Recent trends in car insurance for Montgomery drivers
Since average rates are constantly changing, it's a smart move to research the local trends in your area before shopping for coverage.
The cost of insurance in Montgomery rose from 2016-2018, before steadying out in 2019. Rates increased again recently, hitting a high of $80 in 2021.
How does Montgomery compare to neighboring areas?
Why are car insurance rates in Montgomery different from other areas?
There are several factors car insurance companies take into consideration when figuring out how much to charge for coverage. Your insurance policy will depend largely on where you live and will be influenced by things such as:
- Regional crime rates
- Total number of drivers
- Road Safety (total number of local car accidents)
- Off-street parking availability
While you won't have the ability to change these factors yourself, they can be handy to keep in mind when seeking a new policy or considering a move. Different towns and cities will all have different average rates, so guides like these are a great place to get started.
How can I find the cheapest car insurance in Montgomery?
In the end, the only way to know exactly what your rate will be is by requesting a quote from car insurance companies. Understanding what the average costs are for drivers prior to seeking out a quote can help you understand how closely the quote reflects local trends.
Fortunately, Compare.com does all of that work for you. Put in your ZIP below, answer a few questions on you and your car, and you'll be comparing the cheapest quotes from several of the car insurance companies providing coverage in Montgomery.
Montgomery Insurance FAQs
What factors affect car insurance quotes in Montgomery?
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 gender and age, as well as your driving record, credit score, marital status, and address.
Why is the cost of car insurance in Montgomery 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 local laws, crime rates, and parking situations when calculating your quote -- all of which can change from city to city.
Which car insurance company will offer me the cheapest rate in Montgomery?
There isn't one company that will offer the cheapest rate to everybody. What companies will charge you are based on many different factors that vary from person to person, such as your driving record, what kind of car you drive, how many drivers will be on your policy, and a number of other factors. Because of this, it's a good idea to use sites like Compare.com to compare multiple quotes at once. That way, you can be confident you're getting the best price.
Do I need to change my insurance if I move to Montgomery?
Whenever you relocate or experience another major life event, such as finding a new job or getting married, you should consider revisiting your current insurance policy. Using services like Compare.com to compare quotes from multiple companies at once is a great way to make sure you're getting the cheapest rate for your new location.
Do I need to wait for my policy to expire to switch to a different car insurance company?
No. Regardless of how much time is left on your current policy, you can switch companies at any time. So, whether you're considering moving to Montgomery or just curious if you're getting the best rates, why not take 10 minutes and see if Compare.com can save you some extra cash?