Valley, AL Car Insurance

What rates should residents of Valley expect to pay for their car insurance? How does Valley compare to the surrounding area and the rest of Alabama? You can see the cost breakdowns and contributing factors in the charts and writeups below:

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How much is car insurance in Valley?

Looking at the chart above, you can see it's around $7 a month cheaper to insure your vehicle in Valley than it is in the rest of Alabama.

When viewed against the average rates for the rest of the U.S., auto insurance coverage in Valley is rather affordable. It's around $35 less to insure your vehicle compared to the average rate for the U.S. as a whole.

Although these are the average car insurance rates in Valley, you could end up paying something different. Insurance companies take in a variety of factors when determining how much to charge you for your car insurance. Things like gender, vehicle make and model, driving record, age and, in some areas, credit score can all affect your policy's monthly price.

Don't sweat it however, we've broken down the average rate for Valley residents based on several different factors so that you can get a more accurate idea of what you might pay. And if you're not sure if you're getting the cheapest rate for your area, simply enter your ZIP below and find out!

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Average Car Insurance Rates by Age

The older you are, the more experience you're likely to have behind the wheel, right? That experience can lead to some serious savings when it comes to car insurance rates. As you can see, 18-24-year-olds pay twice as much as someone who is retirement aged.

For every ten years older you get, you can expect to see a drop in your monthly premium. Drivers in Valley may see their rates begin to increase again once they hit retirement.

Average Car Insurance Rates by Gender

While women typically pay less than men do for auto insurance, Valley goes against the grain. Female drivers typically pay around $5 more a month for car insurance than their male counterparts.

Average Auto Insurance Rates by Driving Record

Your rates can change quite drastically depending on your driving record. A clean driving record will obviously get you a lower rate than one with accidents or infractions. The rate for drivers in Valley with a single accident on their record is about $53 a month. On a similar note, drivers with one ticket on their record will be looking at a monthly rate of about $73 on average.

When it comes to your monthly bill, accidents, tickets, and other driving infractions can really take a toll. Remember, the safer you are as a driver, the cheaper your car insurance will be.

Average Insurance Rates by Vehicle

As you can see in the first table above, the cheapest vehicles to insure in Valley are usually SUVs, trucks, and vans, which run about $41 per month.

Car owners, however, pay about $49 per month for insurance coverage.

You may also see different rates based on the age of your vehicle. Generally, newer vehicles are going to cost the most to insure. Once your car is around 5 years old, however, your monthly bill may start to dip back down. The most expensive vehicles to insure in Valley are vehicles six-to-seven years old and fifteen years and older.

Average Car Insurance Rates by Relationship Status

On average, those who are currently married will pay slightly less for auto insurance. This can usually be attributed to their policies having multiple vehicles, a factor that will often get you a discount.

On a national scale, single drivers typically pay more than married couples do for auto insurance. Valley is no exception, with the difference totaling to around $7 a month.

Average Car Insurance Rates by Housing Situation

Another factor taken into consideration is your living accommodations. Renters can expect to pay around $10 a month more than homeowners in Valley. But those who live at home with their parents can expect to pay significantly 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 car insurance costs.

Car Insurance Companies in Valley, AL

Recent trends in car insurance for Valley drivers

The average rates for car insurance are constantly changing, so it's a good idea to know the recent trends in your area before shopping for coverage.

The rates for car insurance in Valley declined from 2017-2018, when they reached a low of $33. This trend leveled out in 2021, when they began to increase, and have continued on that path through the present, where insurance rates finished at $72 per month.

How does Valley compare to neighboring areas?

Why are car insurance rates in Valley different from other areas?

Car insurance companies take in several factors when choosing how much individual insurance policies will cost. While we've discussed the ones that affect your personal policy, others are based around where you park your car. These include things like:

• Community regulations
• Off-street parking accessibility
• Road safety
• Total amount of drivers in the community
• Area crime rates

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 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 Valley?

In the end, the only way to know exactly what your rate will be is to request a quote from a car insurance company.

Don't worry, Compare.com does all of that work for you. Just type in your ZIP Code below, answer a few questions on you and your vehicle, and you'll be comparing the cheapest quotes from numerous car insurance companies that offer coverage in Valley.

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Valley Insurance FAQs

What factors affect car insurance quotes in Valley?

Car insurance companies calculate quotes based on a wide array of factors. These include things like your age and gender, but also factors like your address, driving record, marital status, credit score, plus your vehicle's year and make and model.

Why is the cost of car insurance in Valley different from other neighboring cities?

Car insurance companies take local factors into consideration when determining how much to charge for coverage. Things like crime rates, local laws, and parking situations -- which can vary from city to city -- can significantly affect your rate.

Which car insurance company will offer me the cheapest rate in Valley?

There isn't one company that can guarantee the cheapest rate to everybody, since the rates they charge for coverage are calculated based off of factors that can vary from person to person, such as vehicle make and model, driving record, and number of drivers on the policy. By using sites like Compare.com to compare multiple quotes simultaneously, you can rest assured that you're getting the best price available.

Do I need to change my insurance if I move to Valley?

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 Valley 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?