Smart Auto Insurance Blog

The two largest providers of Alabama auto insurance recently announced plans to lower their rates, according to Jeff Amy in the Press-Register. State Farm, which holds almost a quarter of the state’s auto insurance market, will lower its rates by about 1.8%, as of January 12. Second-place Alfa Insurance is going to decrease its rates by 1.7% to 1.9%, depending on the subsidiary which wrote the policy. Those rate changes will go into effect on January 26.

Progressive Insurance also intends to lower its insurance rates for one of its Alabama subsidiaries later this month, by 5% on average. They’re the fourth-largest insurer in Alabama.

While Jeff warns that these lower rates won’t necessarily apply to everybody, it’s still a good idea to check out State Farm quotes or Progressive Insurance quotes, as well as Alfa’s, in order to keep up with rate changes in Alabama.

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Mike Chaney, the Insurance Commissioner for the state of Mississippi, has recently decided to allow local auto insurance company Alfa Insurance to reduce their rates, along with letting them offer an extra discount to long-time customers. Starting on December 28th, the Associated Press reports that Alfa will reduce its rates by approximately 2.1%, resulting in about $1 million in savings for customers on their Mississippi auto insurance quotes. The discount for loyal policy holders, which goes into effect the same day, is 15% for customers that have been with Alfa for three years or longer, and 20% for those that have had their Alfa policy for at least six years.