By: Madhu Bolagani Nov, 22,2018

“Car insurance in Daphne varies immensely based on which provider you’re buying from, your social backdrop and your driving record.” - an insurance holder reported to a Raltin survey conducted in Daphne, Alabama.

In a comparison of car insurance prices by major providers in Daphne, AL, Raltin shows that the cheapest prices are offered to 62-year-old married male drivers with 2012 Ford F-250 super duty crew cabs. Allstate Property and Casualty quotes $409 for this cohort of drivers. In addition, Allstate offers the second-cheapest price at $635 to 30-year-old married men driving a 2012 Ford F-250 super duty crew cabs. For this study, Raltin sourced raw data from the Alabama Department of Insurance.

While purchasing auto insurance, customers are generally asked to choose their coverage limit, deductible value, and medical payment limit. This survey uses the following coverage limit and deductible values as reference points: bodily injury per accident is $50,000, property damage is $25,000, and bodily injury per person is $25,000. The collision deductible is $500 and the medical payment limit is $1,000.

Low-end premiums are insufficient to provide a comprehensive overview of profitable trends. Raltin calculated the difference between the median and cheapest prices for each driver category to estimate their potential savings. This difference is the highest ($1,509) for 18-year-old single women driving 2010 Chevy Silverado 1500 extended cabs. By contrast, United Services Automobile Association offers the cheapest price for this cohort at $1,362. State Farm Mutual Automobile Insurance offers them the median price of $2,871. The second highest savings is observed for the same category of drivers who drive the 2010 Toyota Camry LE four-door sedans. United Services Automobile Association offers the cheapest premium for this category at $1,184. The median price is offered by Access Insurance Company at $2,551.

Among the seven driver cohorts analyzed, Allstate offers the cheapest premium to four, whereas Amia Mutual Insurance offers the most expensive premium for all seven cohorts.

The following graph compares the premium rates charged by key companies in Daphne, Alabama.

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The following table lists car insurance premiums offered by key companies in Daphne, AL, along with the company names. In addition, it evaluates the differences between the median and the cheapest or most expensive rates.

CohortCheapest car insurance companies in Daphne, ALSecond cheapest car insurance companies in Daphne, ALCar insurance companies offering median premiums in Daphne, ALSecond most expensive car insurance companies in Daphne, ALMost expensive car insurance companies in Daphne, ALDifference between cheapest and median pricesDifference in price from most expensive to median prices
18-year-old single women driving 2010 Chevy Silverado 1500 extended cabs with two windowsUnited Services Automobile Association ($1,362)USAA Casualty Insurance Company ($1,500)State Farm Mutual Automobile Ins. Company ($2,871)Integon Indemnity Corporation ($5,035)Amica Mutual Ins. Company ($9,630)$1,509$6,759
18-year-old single women driving 2010 Toyota Camry LE four-door sedansUnited Services Automobile Association ($1,184)USAA Casualty Insurance Company ($1,313)Access Insurance Company ($2,551)Infinity Select Insurance Company ($5,432)Amica Mutual Ins. Company ($9,236)$1,367$6,685
25-year-old single men driving 2010 Chevy Silverao 1500 extended cabs with two windowsAllstate Property and Casualty Insurance Company ($656)Standard Fire ($693)Country Mutual ($1,278)Victoria Select Insurance Co. ($1,721)Amica Mutual Ins. Company ($3,018)$622$1,740
30-year-old married men driving 2012 Ford F-250 super duty crew cabsAllstate Property and Casualty Insurance Company ($635)Encompass Indemnity Company ($704)Progressive Direct Insurance Company ($1,139)Infinity Auto Insurance Company ($2,771)Amica Mutual Ins. Company ($5,665)$504$4,526
25-year-old single women driving 2010 Toyota Camry LE four-door sedansAllstate Property and Casualty Insurance Company ($745)Farmers Insurance Exchange ($822)Nationwide Mutual Fire Ins. Company ($1,211)Guideone Elite Insurance Company ($1,715)Amica Mutual Ins. Company ($3,432)$466$2,221
48-year-old single men driving 2012 Chevy Tahoe LS carsProgressive Direct Insurance Company ($742)Auto Owners Ins. Company ($760)State Farm Mutual Automobile Ins. Company ($1,088)Victoria Fire & Casualty Co. ($1,933)Amica Mutual Ins. Company ($4,664)$346$3,576
62-year-old married men driving 2012 Ford F-250 super duty crew cabsAllstate Property and Casualty Insurance Company ($409)Integon National Insurance Company ($461)State Farm Fire & Casualty Company ($747)Infinity Safeguard Insurance Company ($2,032)Amica Mutual Ins Company ($3,509)$338$2,762


ABOUT THE AUTHOR

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Madhu Bolagani

Madhu is a data analyst and engineer at Raltin. His writings are driven by deep data mining and connecting the dots. His areas of expertise include finance, insurance and investing.

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