Cheapest Car Insurance Quotes in Margaret

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Margaret Car Insurance

^$ 22

/mo

Written by Sara Sam

Edited by Renee Martin

Why you can trust Way?

The auto insurance rates published in this guide are based on the results of research completed by Way’s data team. Using a mix of public and internal data, we analyzed millions of rate averages across U.S. ZIP codes. These rates were publicly sourced from insurer filings and should be used for comparative purposes only — your own quotes will differ. Given this, it’s important to go through our insurance steps form to find how much you can save with Way.

Table of Contents

How Much Is Car Insurance in Margaret

The car insurance rate in Margaret is $945 for a six-month policy, which is $9 higher than the higher than the state average. Root Insurance Company offers the lowest rates in the city at $510, making it a popular choice for budget-conscious drivers. Rates in Margaret can vary depending on your age, driving record, and coverage level, so not every driver will pay the same amount. Choosing a higher deductible, maintaining a clean driving history, and comparing quotes from multiple insurers can help you find better deals and save money over time.

Avg. Car Insurance in Margaret

$945

Avg. Car Insurance in Alabama

$936

National Average

$1140

Cheapest Car Insurance Companies in Margaret

1st place: AutoOwners Insurance Co

At $510 for a six month policy, AutoOwners Insurance Co offers the cheapest auto insurance rates in the city.

2nd place: State Farm

State Farm offers auto insurance rates at $666 for a six-month policy, making it one of the cheapest to insure with.

3rd place: Travelers

Travelers offers auto insurance rates at $720 for six months, making it the third cheapest auto insurance company in Margaret.

Margaret Car Insurance Rates by Company

Based on our research, the cheapest car insurance company in Margaret, AL is AutoOwners Insurance Co, offering policies at just $510 for a six-month term. This is followed by State Farm, which has an average six-month premium of $666.

At the higher end of the spectrum, Farmers is the most expensive, with rates reaching $2022 for a six-month policy. Rates can vary widely by driver, but comparing quotes from multiple companies can help Margaret drivers find the best deals.

Cheap Car Insurance Companies in Margaret, AL

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Auto-Owners Insurance Co	$510	$85
State Farm	$666	$112
Travelers	$720	$121
Country Financial	$738	$124
Cincinnati	$762	$128
USAA	$786	$132
Auto-Owners	$840	$141
Nationwide	$1062	$181
Allstate	$1080	$182
Progressive	$1218	$205
Farmers	$2022	$337

Key Takeaways

Way's key takeaways about car insurance in Margaret

The auto insurance costs in Margaret fall around $510 for six months.
The cheapest auto insurance company in Margaret is Cincinnati.
Teen drivers pay the highest rate in Margaret at $1181 per month.

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Cheapest Minimum Liability Car Insurance in Margaret

Since car insurance is a critical requirement for owning a car, you must have minimum liability car insurance. The cheapest car insurance companies for minimum coverage in Margaret are given below.

Cincinnati provides the cheapest minimum car insurance coverage in Margaret. Their Average 6 Month Premium is $132. Farmers is the most expensive at $768 for the same period.

Cheapest Liability Coverage in Margaret, AL

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Cincinnati	$132	$22
Mercury	$144	$24
Country Financial	$222	$37
Auto-Owners Insurance Co	$228	$38
USAA	$228	$38
State Farm	$234	$39
Travelers	$251	$42
Auto-Owners	$288	$48
Progressive	$408	$69
Nationwide	$432	$72
Allstate	$474	$80
Farmers	$768	$128

Cheapest Full Coverage Car Insurance in Margaret

One might think that minimum coverage is only required when insuring your car insurance. However, having full coverage car insurance in any city is certainly a wise choice as it offers better coverage and protection. Our best pick for the cheapest auto insurance quotes in Margaret is AutoOwners Insurance Co at $85 per month and $510 for six months.

Cheapest Full Coverage Car Insurance Quotes in Margaret, AL

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Auto-Owners Insurance Co	$510	$85
State Farm	$666	$112
Travelers	$720	$121
Country Financial	$738	$124
Cincinnati	$762	$128
USAA	$786	$132
Auto-Owners	$840	$141
Nationwide	$1062	$181
Allstate	$1080	$182
Progressive	$1218	$205
Farmers	$2022	$337

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Average Car Insurance in Margaret by Rating Factor

The car insurance rates for two people under the same ZIP code will mostly be different. This is mostly because insurance rates are calculated based on several rating factors. These rating factors include the driver's age, gender, marital status, driving and claims history, credit score, location, type of vehicle, and coverage levels.

I have a clean driving record. Why is my car insurance rate here in Margaret, AL increasing?

Despite maintaining a clean driving record, your car insurance rates in Margaret, Alabama, may be increasing due to several external factors. Alabama has experienced significant rate hikes recently, with average premiums rising by 25.5% in 2023, largely attributed to higher claims volumes and inflation.

Additionally, Margaret's high urban population density, raised auto theft rates, and frequent natural disasters contribute to increased insurance costs.

Car Insurance Premiums by Age in Margaret

It is quite evident why teen drivers pay the highest car insurance rates in any city. Their lack of experience and increased accident rates make them a highly risky category. However, as you grow older, your car insurance rates will decrease. So, it is better to not have separate policies for teens; instead, add them to their parents' policies.

Cheapest Car Insurance Companies Based on Age Group

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Cheapest Car Insurance Rates for Teen Drivers in Margaret,AL

If you are planning to get a car insurance policy for your teenage dependent, Cincinnati provides the cheapest car insurance in the Margaret at $24 per month. At $7013 for a six-month premium, Farmers offers the most expensive rate for teen drivers.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Cincinnati	$144	$24
Country Financial	$228	$38
Travelers	$1410	$237
USAA	$1710	$288
State Farm	$1782	$300
Auto-Owners	$2718	$463
Allstate	$3510	$591
Nationwide	$4271	$726
Progressive	$6150	$1035
Farmers	$7013	$1181

Teen Car Insurance Rates in AL by Age

Car Insurance Rates by Credit Score & Driving History

Similar to your driving history, your financial history also plays a key role in determining your auto insurance rates. A low credit score would mean a lapse in payment and increased chances of filing claims, which results in higher auto insurance rates. Therefore, the higher the credit score, the lower the car insurance rates will be.

Cheapest Car Insurance Companies for Bad Credit

For those with poor credit scores in Margaret, Cincinnati is the cheapest car insurance provider. At $186 for a six-month premium, they offer the best rates in the city. The most expensive auto insurance rate for drivers with bad credit in Margaret is Farmers, offering rates of around $3269 for six months.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Cincinnati	$186	$31
Country Financial	$318	$55
Nationwide	$432	$72
Travelers	$906	$153
USAA	$1086	$181
Progressive	$1296	$218
Allstate	$2051	$342
State Farm	$2357	$401
Auto-Owners	$2604	$434
Farmers	$3269	$556

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Save up to $971/yr on car insurance rates in Margaret.

Car Insurance Rates with An Accident in Margaret

Both accidents and the resulting increase in insurance rates are often beyond our control. When you’re involved in an accident, you become riskier to insure, consequently increasing the rates. In Margaret, AL, accidents can lead to significant hikes in your premiums.

Cheapest Car Insurance Companies after an At-Fault Accident in Margaret

The cheapest car insurance companies after an at-fault accident in Margaret include Cincinnati and AutoOwners Insurance Co, offering $204 and $318, respectively. Farmers is an expensive provider with an average six-month premium of $2802.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Cincinnati	$204	$34
Auto-Owners Insurance Co	$318	$55
Country Financial	$318	$54
Safeway	$396	$67
Travelers	$576	$97
State Farm	$642	$108
USAA	$798	$134
Auto-Owners	$851	$143
Allstate	$1350	$227
Progressive	$1961	$330
Nationwide	$2010	$335
Farmers	$2802	$477

Margaret Car Insurance Rates by Violation

Here is a list of driving violations that can increase your car insurance rates in Margaret AL. For example, the car insurance in Margaret after a DUI increases to $816 for a six month policy. While the rate increases by $234 for a six-month policy in the case of a speeding ticket.

Margaret auto insurance quotes by violations

Accident/Violation	Avg. 6 Mo Premium	Avg. Monthly Premium
None	$984	$164
One Med/PIP claim	$984	$168
One comp claim	$1014	$169
Two Med/PIP claims	$1014	$173
Not-at-fault accident	$1020	$170
Two comp claims	$1068	$182
Driving without lights	$1170	$195
Failure to wear a seat belt	$1182	$201
Failure to show documents	$1188	$198
Child safety restraint	$1194	$203
Cell phone violation	$1212	$202
Driving with expired registration	$1212	$206
Driving too slowly	$1218	$203
Speeding 6 - 10 MPH over limit	$1218	$207
Speeding in school zone	$1218	$203
Texting while driving	$1218	$207
Speeding 11 - 15 MPH over limit	$1230	$205
Wrong way/wrong lane	$1230	$209
Failure to yield	$1236	$206
Following too closely	$1236	$210
Illegal turn	$1236	$206
Speeding 16 - 20 MPH over limit	$1236	$210
Failure to stop at a red light	$1242	$207
Improper passing	$1242	$211
Passing school bus	$1284	$214
Speeding 21 - 25 MPH over limit	$1290	$219
At-fault accident - less than $1000	$1302	$217
In 65 MPH zone	$1320	$224
At-fault accident - $1000-$2000	$1422	$237
Operating a vehicle without permission	$1451	$246
At-fault accident - greater than $2000	$1463	$244
Open container	$1494	$254
Reckless driving	$1655	$276
Driving with a suspended license	$1728	$294
Racing	$1751	$292
Refusal to submit to a chemical test	$1763	$300
DUI	$1800	$300
Leaving scene of an accident/hit and run	$1872	$318

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Way Tip

Avoid Having A DUI On Your Driving Record.

A DUI can increase your car insurance rates—by $5,000 to $10,000 over five years. Speeding, reckless driving, and at-fault accidents also raise rates, staying on your record for 3–5 years, while DUIs/DWIs can impact you longer.

Car Insurance Rates in Margaret after a DUI

There may have been times when you drank but chose not to drive—a smart and responsible decision, as most states treat DUIs as a serious offense. Your car insurance rates can double after a DUI charge, making it harder to find affordable coverage in Margaret.

The cheapest car insurance premiums in Margaret are offered by Cincinnati at $276 for a six-month policy. However, it can be as expensive as $2694 with companies like Farmers.

Margaret car insurance quotes with a DUI

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Cincinnati	$276	$46
Country Financial	$372	$63
Travelers	$708	$119
State Farm	$1062	$179
USAA	$1188	$200
Allstate	$1253	$211
Progressive	$1259	$212
Auto-Owners	$1596	$269
Nationwide	$2682	$447
Farmers	$2694	$458

Cheapest car insurance after a speeding ticket

One of the easiest ways to save money on car insurance is to stay within the speed limit. After a speeding violation, the cheapest car insurance premiums in Margaret are offered by Cincinnati at $138. However, it can be as expensive as $2586 with companies like Farmers for a similar six-month premium.

Cheapest Car Insurance in Margaret after Speeding ticket

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Cincinnati	$138	$23
Country Financial	$198	$33
Auto-Owners Insurance Co	$264	$44
State Farm	$444	$75
Travelers	$684	$115
USAA	$726	$123
Auto-Owners	$882	$147
Allstate	$1326	$225
Progressive	$1836	$306
Farmers	$2586	$439

Car Insurance Price Trends in Margaret, Alabama

Car insurance rates in Margaret have fluctuated due to factors such as state regulations, inflation, and changing driving habits.

The average cost of full coverage in the Margaret rose by $200 in December compared to $197 of November. In other words, there has been an increase by $3 when you compare December and November.

The average cost of liability insurance in the Margaret rose to $51 in December, compared to $49 in November. This represents an increase of $2 when comparing December and November.

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Frequently Asked Questions

How much is car insurance in Margaret?

The car insurance in Margaret is $22 per month, which is lower than the national average.

What is the cheapest car insurance in Margaret?

The cheapest car insurance in Margaret is $85 per month for full coverage.

How much is car insurance in Margaret for teenagers?

Car insurance for teenagers costs $144 per 6 months. The rates for teen drivers are higher due to their lack of experience as drivers.

What's the average cost of car insurance in Margaret?

The average cost of car insurance is $936 for a six-month policy. It will cost around $159 per month to insure your car in Margaret.

Is car insurance expensive in Margaret?

Car insurance can be expensive in Margaret if your rating factors are not favorable. However, with a clean driving record and good credit score, car insurance rates in Margaret can be affordable.

Cheapest Car Insurance Quotes in Margaret

Why you can trust Way?

How Much Is Car Insurance in Margaret

Avg. Car Insurance in Margaret

Avg. Car Insurance in Alabama

National Average

Cheapest Car Insurance Companies in Margaret

1st place: AutoOwners Insurance Co

2nd place: State Farm

3rd place: Travelers

Margaret Car Insurance Rates by Company

Cheap Car Insurance Companies in Margaret, AL

Way's key takeaways about car insurance in Margaret

High Rates Shouldn’t Drive You Out of Pocket.

Cheapest Minimum Liability Car Insurance in Margaret

Cheapest Liability Coverage in Margaret, AL

Cheapest Full Coverage Car Insurance in Margaret

Cheapest Full Coverage Car Insurance Quotes in Margaret, AL

Don't Let Hidden Costs Drive You Crazy

Average Car Insurance in Margaret by Rating Factor

I have a clean driving record. Why is my car insurance rate here in Margaret, AL increasing?

Car Insurance Premiums by Age in Margaret

Cheapest Car Insurance Companies Based on Age Group

Cheapest Car Insurance Rates for Teen Drivers in Margaret,AL

If you are in your twenties N/A is the best choice for car insurance in Margaret.

Car Insurance Rates by Credit Score & Driving History

Cheapest Car Insurance Companies for Bad Credit

Escape the Trap of Rising Insurance Costs.

Car Insurance Rates with An Accident in Margaret

Cheapest Car Insurance Companies after an At-Fault Accident in Margaret

Margaret Car Insurance Rates by Violation

Margaret auto insurance quotes by violations

Your Wallet Deserves Better. Seriously.

Avoid Having A DUI On Your Driving Record.

Car Insurance Rates in Margaret after a DUI

Margaret car insurance quotes with a DUI

Cheapest car insurance after a speeding ticket

Cheapest Car Insurance in Margaret after Speeding ticket

Car Insurance Price Trends in Margaret, Alabama

Average Car Insurance Cost in Margaret by ZIP Code

Frequently Asked Questions

Tired of Insane Auto Insurance Bills? Us Too!

Find Car Insurance Rates in Cities Near Margaret, AL

Car Insurance Rates by State in the USA (2025 Update)

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