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Get Cheap Car Insurance in Steelwood, AL

We monitor insurance prices, helping the average driver in Steelwood save up to 30.9% on car insurance.

 

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The Cheapest Minimum Coverage in Steelwood

The chart below shows the cheapest car insurance company in Steelwood for a driver with a good record seeking minimum coverage on a mid-grade used vehicle. Values are estimated, and premiums may be lower or higher, but should be in an accurate order for a good driver. In general, drivers with good records will get the best prices through Travelers, followed by Gainsco, State Farm, and Safe Auto.

 
Steelwood Insurer Monthly Cost
Travelers $67
Gainsco $70
State Farm $73
Safe Auto $74

Savings for Every Kind of Steelwood Driver

The table shows how much the average auto insurance customer in Steelwood might save by following our recommendations.

Based on our extensive insurance data, we know the average Steelwood driver will save about 25% on car insurance. This isn’t marketing: this is unbiased data with no financial influence. The best auto insurance company depends on factors such as your driving record, home location, credit score, marital status, and age. The average driver will find themselves saving $373 per year by choosing the right vehicle insurance company. Some Steelwood residents are paying out over $1,507 extra every year for auto insurance in Steelwood. That cost may be even higher if you haven’t requested a new quote as your life situation changed.

Situation
Steelwood, AL Savings / Yr.
Drivers with good records
$373
Drivers with accidents
$508
Drivers with speeding tickets
$476
Drivers with a DUI conviction
$540
Young drivers
$1,172
Married drivers
$65
Drivers with bad credit
$319

Steelwood Car Insurance vs. Alabama

People living in Steelwood pay an average of 5.96% less than the typical driver in the state. The average driver in Steelwood can expect to pay about $995 per year, or $1,507 for full coverage.

Based on our analysis, Travelers will be the cheapest provider in Steelwood for most people.

Car Insurance Prices by Steelwood Neighborhood

Steelwood, AL map of insurance costs by zip code and neighborhood

Insurance Prices

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Average
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Where is insurance cheapest within Steelwood?

The map shows insurance prices in and around Steelwood, with more expensive areas in red and places with cheaper car insurance in green. Insurance can vary by as much as $0 per year within the city boundaries, with insurance premiums ranging from a high of $1,507 to a low of $1,507. Insurance prices tend to be higher for those living in the Central area, and lower for those with homes in the Central parts of Steelwood.

Pick the Best Car Insurance Company for You in Steelwood

We have analyzed insurance costs for auto insurance customers based on the major variables that impact pricing. The results of our analysis are below, including US dollar savings. What about when you meet one or more of the criteria? For example, if you have both a DUI and a speeding ticket? Simply start with the Steelwood insurance provider for whom we have posted the highest savings dollar figure.

The best car insurance provider for most drivers in Steelwood

For drivers with clean driving records and no major strikes, Travelers is the best option, with annual savings of $373 over the average Steelwood car insurance company.

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We use the average good driver, paying $95 per month, as our baseline for pricing in Steelwood. Travelers, Safe Auto, and MetLife are all good choices for quotes if you have a clean record. See also the best providers for married people if you are married, and look for repeated company names.

The best car insurance provider for Steelwood drivers with accidents on their records

In Steelwood getting into an accident will raise premiums an average 36% for a yearly cost of $2,359. That's $852 per year more than a driver with no at-fault crashes on their driving record might pay. To avoid paying out more than you need to, State Farm, Travelers, and Safe Auto are good choices for drivers with accidents.

In our analysis, State Farm saved the average person who had been in an accident the most, with annual savings averaging $508 over the competition.

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The best car insurance company for Steelwood drivers with speeding tickets

>Safe Auto gave the average person with a speeding ticket the most savings, averaging $476 better than other car insurance companies.

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Depending on the insurance company, a speeding ticket can actually raise insurance premiums more than getting in an accident. In Steelwood, tickets raise premiums on new quotes about $674. If you have a speeding ticket, we recommend State Farm, Travelers, and Safe Auto for savings that beat the average insurance cost of $2,182 per year.

The best auto insurance for Steelwood drivers with a DUI conviction

Getting a DUI can increase the cost of insurance dramatically. The average person with a DUI paid $2,560 per year in auto insurance premiums, which was $1,052 more than a driver with no major issues. Allstate, Travelers, and Dairyland penalized their customers the least for a DUI.

Getting a quote from Allstate may cost the average person with a DUI about $540 less each year.

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The least expensive car insurance company for new and young drivers in Steelwood

In Steelwood, Travelers costs young drivers $1,172 less each year versus the average auto insurance bill.

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Teen drivers account for more than their share of accidents, and thus end up paying about 71% more for insurance than more mature drivers in Steelwood. With an average cost of $5,139 per year (for young drivers who aren't on a parent's plan), car insurance for inexperienced drivers can’t ever be called "cheap." A few companies like State Farm, Geico, and Travelers try to attract these younger drivers with lower prices in the hopes that they will stay with the company.

The best marriage discounts for vehicle insurance in Steelwood

Not everything is an excuse for the auto insurance companies to charge you more. Getting married provides an average discount of $145. State Farm, Progressive, and Allstate provided the largest discounts to couples living in Steelwood.

State Farm gave the largest car insurance discounts to married couples, averaging $65 saved each year compared to an average Steelwood couple's premiums.

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The cheapest car insurance in Steelwood for drivers with bad credit

People with poor credit saved an average of $319 with Travelers.

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Many people are surprised that their poor credit score can cost them an average of $812 every year. Premiums for people with poor credit were about $2,319 in Steelwood. However, some insurance companies do not take credit score into account. If you have a credit score below 575, get quotes from Allstate, Travelers, and Gainsco.

The best Steelwood car insurance company for customer service

Many car insurance companies over the years have struggled with customer service. In Steelwood, the National Association of Insurance Commissioners (NAIC) ranks Nationwide as the best. Another valuable metric: JD Power ranks State Farm as the best provider in Steelwood.

Nationwide was the best company for customer service in Steelwood according to the NAIC.

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Recent price drops

Due to improvements in our tracking and methodology, we are unable to show price change data for the most recent year. This data will return next year (2023).

In 2020, at the peak of the global pandemic, {{top1_2020pricedrop_company}} changed their average price {{top1_2020pricedrop_company_percentage}}% in Steelwood, which was better than other insurers.

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During the Covid-19 pandemic a few insurance companies realized people were driving less and struggling overall. They proactively lowered their rates for many customers in Steelwood. We think helping communities in a time of need deserves special attention. Many insurance companies have advertisements telling us how much they care: we prefer to look at their actions.

The cheapest large national provider in Steelwood

Many customers have informed us that they prefer to work with large national brands. Maybe they're one of the 27% of Steelwood residents who are renting, and don't plan to be in the city or state for very long. Or maybe national recognition and funds make people feel more secure with a large provider. Regardless, Travelers tends to have the lowest prices for most drivers.

For customers who prefer to work with large national providers, we recommend Travelers for pricing. The average Steelwood driver can expect to pay about $101 per month.

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What About USAA?

JD power consistently ranks USAA as the top car insurance company in the United States. We don’t compare their rates because most people can’t sign up. USAA only allows active military members and their spouses and children to apply. In Steelwood, USAA has the best prices for drivers with accidents, married couples, good drivers, young drivers, drivers with speeding tickets, drivers with a DUI conviction, and drivers with bad credit.
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Auto Insurance Prices in and Around Steelwood

What Influences the Cost of Car Insurance in Steelwood?

On average, car insurance in Steelwood is actually less expensive than the rest of the state. These low prices are no mystery to us. Coverage Watch tracks car insurance costs and uses a complex AI that finds related variables, and has determined car insurance prices in the city are influenced by the following factors:

  • The average commute time in Steelwood is 42 minutes, which is far more than average for a driver in the state.
  • Alabama state insurance regulations may require higher prices.
  • An average of 0 weeks with snow on the ground, which impacts accident rates.
  • Marriage rates in Steelwood are higher than average in the state, and marriage often results in car insurance discounts.
  • Vehicle theft rates in the area are very low, with a Vehicle Theft Crime Grade of A- according to CrimeGrade.org.
  • Steelwood is one of the least populated areas in the state. The city’s density could result in a price decrease for drivers.

As a result of these and other factors, the average cost of car insurance in Steelwood is $83 per month for minimum coverage and $126 per month for full coverage. Costs vary widely based on your situation, and will likely be lower if you have a clean driving record and follow our insurance company research to find the best car insurance company for you.

Car Insurance in Nearby Cities

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* Who is the average Steelwood driver? Based on national demographic data provided by BestNeighborhood, we took a single unmarried man living in central Steelwood with good (but not perfect) credit driving a used midsized sedan. Data sources: proprietary data collection and analysis, unique to CoverageWatch.org All content copyright CoverageWatch.org. Journalists and other websites are free to cite any data with attribution.