Car insurance is a necessary expense for all drivers, providing financial protection in case of accidents or other unforeseen events. AAA, a well-known insurance provider, offers a range of coverage options for policyholders. However, according to Quadrant Information Services, AAA’s full-coverage car insurance quotes are notably higher than the national average by 14%. This means that policyholders, regardless of age or driving profile, consistently pay more than the average rates across the country.
AAA offers both full-coverage and minimum-coverage car insurance policies. For a 35-year-old driver with a clean record and good credit, the average annual cost for full coverage is $2,293, or $191 per month. On the other hand, the average annual cost for minimum coverage is $542, or $45 per month. These rates are significantly higher than the national averages, making AAA a more expensive option for car insurance.
When it comes to factors that impact AAA car insurance costs, several key elements play a role. These include age, gender, marital status, driving history, vehicle details, location, credit history, the amount of coverage chosen, and the deductible amount. Younger drivers and those with a history of traffic violations may face higher premiums compared to older, more experienced drivers with clean records.
AAA’s rates also vary by age and driving profile. For example, a 35-year-old driver may pay 56% less for comprehensive and collision coverage compared to a teen or young adult between 16 to 25. Additionally, high-risk drivers, such as those with speeding tickets, DUIs, or recent accidents, can expect to pay significantly more for car insurance with AAA.
The cost of AAA car insurance also differs by state, with rates exceeding statewide averages in some regions by as much as 43% or more. AAA operates as a parent company to various subsidiaries, each offering unique club affiliations, discount opportunities, and rates based on the local market.
While AAA car insurance may be more expensive than other providers, the company offers several ways for policyholders to save on premiums. These include discounts for paperless billing, bundling policies, vehicle safety features, paying ahead, loyalty, good student, club membership, and safe driving habits. By taking advantage of these discounts, customers can lower their overall insurance costs.
In conclusion, AAA car insurance costs are consistently higher than the national average, but the company provides various opportunities for savings through discounts and membership perks. While AAA may not be the most affordable option for all drivers, comparing quotes from different providers can help individuals find the best coverage at a competitive price. Consider exploring other insurance companies like State Farm and Geico, known for their affordable rates and excellent customer service.