Addison, AL Auto Insurance Rates, Quotes, Agents & Reviews
Zimlon, through its research, found that car owners in Addison, AL, can avail multiple discounts on car insurance by taking various factors into consideration. These factors are explored in detail by Zimlon in the analysis below.
Breaking Down Car Insurance Rates in Addison, AL
Car insurance is a pivotal component in the financial planning of car owners. Yet, navigating the insurance landscape can be a daunting task with a myriad of factors influencing rates and pricing. This article will provide an overview of car insurance rates in Addison, Alabama, by assessing local trends, exploring top competitors, and examining their quotes, rates, and agents. It will further shed light on the significant factors influencing insurance rates in this city.
Key Competitors and Rates
The car insurance landscape in Addison is dominated by three major providers: State Farm, Geico, and Allstate:
State Farm: being the largest auto insurer in the U.S, offers comprehensive coverage at an average annual premium of $1,200 for Addison residents. Their extensive network and customer-focused services contribute significantly to their popularity.
Geico: known for its competitive pricing, offers an average annual premium of approximately $1,100. Despite the lower price point, Geico maintains high-quality service and boasts significant customer satisfaction ratings.
Allstate: however, comes in with a slightly higher average annual premium of around $1,300. This higher rate is often justified by their wide range of coverage options and discounts.
Analysis On Quotes, Rates & Agents
Insurance rates in Addison vary greatly from one individual to another, based on an assortment of factors. Quotes offered by insurance companies typically reflect a person's driving record, the type of vehicle insured, the driver's age and gender, credit score, and even location within the city. The services provided by the agents from the above companies also factor into the insurance experience. State Farm agents, for instance, are known for their personalized service, while Geico agents are recognized for their responsiveness and efficiency.
Factors Influencing Insurance Rates
Several factors contribute to the insurance rates seen in Addison:
Location: Areas with higher crime rates or higher traffic densities often experience higher car insurance premiums. Addison, being a smaller city, enjoys relatively lower premiums due to its lower crime rate and lesser traffic.
Demographics: Young, less experienced drivers usually incur higher premiums. Since Addison has a relatively older population compared to other towns in Alabama, it leads to a lower average premium.
Vehicle type and use: High-performance or luxury cars require higher premiums due to the increased cost of repairs. Additionally, cars used for commercial purposes or those with high mileage also experience higher premiums.
Driving records: Drivers with a history of accidents, traffic violations, or DUIs are more likely to pay higher premiums due to the increased risk associated with insuring them.
Credit score: A strong credit score can help reduce insurance premiums as it is seen as a marker of responsibility, signaling to the insurance company that the individual is less likely to file a claim.
As seen above, a multitude of factors come into play in shaping the car insurance landscape in Addison, AL. To find the best rate, customers are advised to shop around, compare quotes, and consider all the variables at hand. While cost is indeed an important factor, it should not be the sole determiner. Quality of service, claims satisfaction, and the reputation of the company should all play a part in the final decision.
Factors that can influence the cost of car insurance in Addison, AL are listed below. It is imperative to understand these factors in order to reduce the cost of car insurance. It is also essential to strike a balance between the cost of insurance and the coverage requirements.
- Addison, AL Auto Insurance Rates
- Addison, AL Auto Insurance for Different Deductible
- How the Age of Driver Affects Insurance Rates in Addison, AL
- Multi Vehicle Insurance Savings in Addison, AL
- How Credit Score Affects Car Insurance Rates in Addison, AL
- How DUI Affects Auto Insurance Premiums in Addison, AL
- Top Auto Insurance Agents Near Addison, AL
- How Driving Violations Affect Auto Insurance Rates in Addison, AL
- Addison, AL Auto Insurance Discounts on Anti Theft Feature
Addison, AL Auto Insurance Rate Comparisons with Neighboring Locations | Back to Top
The following table compares the cost of insurance in Addison, AL with that of other cities in and around Addison.
| Addison | Jones Chapel | Crane Hill | Arley | Winston County | Logan | |
|---|---|---|---|---|---|---|
| Average Insurance Rates | $1,440 | $1,432 | $1,496 | $1,425 | $1,406 | $1,477 |
Addison, AL Auto Insurance Rates vary Based on Deductibles in Neighboring Cities | Back to Top
The following table makes a comparison of the variation in car insurance rates in and around Addison, AL based on the change in deductibles. A higher deductible leads to a decrease in the cost of car insurance.
| Location | Low Deductible ($500) | High Deductible ($1000) |
|---|---|---|
| Addison | $1,483 | $1,253 |
| Arley | $1,269 | $1,072 |
| Winston County | $1,228 | $1,037 |
| Jones Chapel | $1,462 | $1,235 |
| Double Springs | $1,600 | $1,351 |
| Crane Hill | $2,887 | $2,439 |
| Logan | $2,038 | $1,722 |
| Speake-Oakville | $2,428 | $2,051 |
Addison, AL Auto Insurance Rates Based on the Age of the Driver | Back to Top
Teenagers in Addison, AL usually pay a much higher car insurance rate compared to the rest of the state as they are generally considered to be less responsible behind the wheel. Middle-aged drivers are likely to pay lower car insurance premiums if they are considered to be safer drivers by insurance companies.
| Age of Driver | Insurance Cost |
|---|---|
| Teens | $4,673 |
| 20 Years | $1,850 |
| 30 Years | $1,425 |
| 40 Years | $1,371 |
| 50 Years | $1,270 |
| 60 Years | $1,287 |
| 70 Years | $1,499 |
Addison, AL Car Insurance Discounts for Multi-Car Insurance | Back to Top
Car owners in Addison, AL can obtain discounts if they insure multiple vehicles with the same insurer. The average savings one can obtain are as follows:
| Number of Cars | Auto Insurance Cost | Total Savings |
|---|---|---|
| 2 Vehicles | $2,477 | $403 |
| 3 Vehicles | $3,715 | $605 |
| 4 Vehicles | $4,954 | $806 |
Savings on 2 Vehicles bundle:$403
Savings on 3 Vehicles bundle:$605
Savings on 4 Vehicles bundle:$806
Addison, AL Post- DUI Auto Insurance Rates | Back to Top
Driving Under Influence (DUI) can be an added burden on your wallet. The cost of auto insurance will go up post-DUI. The below graph does a comparison of auto insurance rates before and after DUI in and around Addison, AL.
| Location | Average Insurance Cost | Post DUI Insurance Rate |
|---|---|---|
| Addison | $1,440 | $2,553 |
| Arley | $1,425 | $2,527 |
| Winston County | $1,406 | $2,493 |
| Jones Chapel | $1,432 | $2,539 |
| Double Springs | $1,389 | $2,463 |
| Crane Hill | $1,496 | $2,652 |
| Logan | $1,477 | $2,619 |
| Speake-Oakville | $1,411 | $2,502 |
Addison, AL Auto Insurance Rates Based on Credit Score | Back to Top
Car insurance companies can use the Credit Score of car drivers to determine car insurance rates. Car drivers with good credit can avail of substantial discounts on car insurance rates.
| Credit Score | Insurance Cost |
|---|---|
| Exceptional (800-850) | $1,235 |
| Excellent (740-799) | $1,410 |
| Good (670-739) | $1,501 |
| Average (580-669) | $1,958 |
| Poor (300-579) | $2,349 |
Addison, AL Auto Insurance Agents | Back to Top
Car owners can obtain quotes from multiple auto insurance companies. Comparing different quotes can help identify the cheapest auto insurance provider best suited for their coverage needs.
| Agent Name | Company | Agent Address | Contact Details |
|---|---|---|---|
| Shoreline Aviation Insurance | None | 148 Biddle Drive , Jasper, 35503 | None |
| Fray Carter Jr | State Farm | Hwy 195 North, Double Springs, 35553 | 205-489-2628 |
| Akin & Associates Inc. | Nationwide | 820 Bradley St SW, Decatur, 35601 | (256) 260-2278 |
| Henry Morgan | Allstate | 24980 Highway 195, Double Springs, 35553 | (205) 489-1438 |
| Eddie Breakfield | State Farm | 114 North Marion Street, Athens, 35612-1124 | 256-232-1282 |
| Lanny Norris | State Farm | 201 Washington Avenue NW, Russellville, 35653-0640 | 256-332-0540 |
| Lanny Norris | State Farm | 201 Washington Avenue NW, Russellville, 35653-0640 | 256-332-0540 |
| Toni Griffin | Farmers | 22270-c Us Highway 72 E, Athens, 35613 | (256) 233-0000 |
Addison, AL Auto Insurance Rates can Increase Based on Driving Violations | Back to Top
Auto insurance rates tend to increase depending on the type and number of driving violations. The driving violations can stay on the record for a considerable amount of time leading to higher auto insurance rates. The severity of the driving violation and place of residence will determine how long the violation stays on record.
| Driving Violation | Cost Increase | Total Insurance Cost |
|---|---|---|
| Driving Without Headlights | +$63 | $1,503 |
| Driver's Failure In Showing Documents | +$140 | $1,580 |
| Driving With An Expired Registration | +$148 | $1,588 |
| Driving At A Considerably Slow Pace | +$312 | $1,752 |
| Using A Cellphone While Driving | +$330 | $1,770 |
| Running A Red Light | +$336 | $1,776 |
| Speeding | +$353 | $1,793 |
| Driving A Vehicle Without The Required Permission | +$448 | $1,888 |
| Driving With An Expired/Suspended License | +$971 | $2,411 |
Addison, AL Auto Insurance Rates Based on Anti-Theft Feature | Back to Top
Cars that are equipped with safety devices are less prone to thefts. As a result, auto insurance companies provide a considerable amount of discounts to vigilant car owners. The discounts vary depending on the type and number of safety devices installed.
| Anti Theft Feature | Insurance Cost |
|---|---|
| Audible Alarm | $1,382 |
| Active Disabling Device | $1,382 |
| Tracking Device | $1,354 |
| Passive Disabling Device | $1,339 |