Compare Cheap Car Insurance Quotes in Raleigh, NC

NC Farm Bureau offers the cheapest minimum-coverage car insurance rates in Raleigh, N.C. based on an analysis of thousands of quotes from North Carolina ‘s largest insurers. A annual minimal NC Farm Bureau policy cost $ 372 .
Geico had the best rate for full-coverage policies at $ 887 per year, which was more than $ 300 cheaper than the next-closest rival .
Drivers in Raleigh, the country ‘s capital and second-largest city, pay modestly more than the average North Carolinian for car indemnity. Minimum coverage in Raleigh is $ 61 more per year, an increase of less than 14 %, while full moon coverage is 3 % more per annum, or a $ 41 increase .
The best route to low-cost rates is comparing car insurance quotes from multiple insurers. Companies calculate rates in their own ways and have unlike sets of discounts.

Cheapest auto insurance in Raleigh: NC Farm Bureau

For the cheapest options for minimum indebtedness coverage, Raleigh drivers can go to NC Farm Bureau for coverage, according to our analysis. Geico offered the second-best rates, followed by Erie .
The NC Farm Bureau ‘s rate of $ 31 per calendar month was less than a dollar cheaper than Geico, which charged lone $ 4 more per year. Erie and State Farm besides charged lower rates than the city average .
This graph lists the cheapest car insurance rates in Raleigh.

Find Cheap Auto Insurance Quotes in Raleigh

presently insured ? With lone minimal indebtedness coverage, an accident could leave you facing a considerable fiscal loss — despite the fact that minimum coverage satisfies legal requirements. checkup costs are regularly more expensive than state of matter minimums, and damage to a vehicle can be, as well .

Cheapest full-coverage car insurance in Raleigh: Geico

Geico had far and away the best rates for full-coverage cable car policy in Raleigh. Erie and NC Farm Bureau had the second- and third-best offerings, both notably cheaper than the city ‘s average offerings .
Geico ‘s annual rate of $ 887 was $ 302 less than its next-closest rival. Erie ‘s rate was $ 1,189, NC Farm Bureau ‘s was $ 1,212 and Progressive ‘s was $ 1,223. Geico ‘s rate was 43 % cheaper than the city median .

Rank

Company

Annual rate

1 Geico $887
2 Erie $1,189
3 NC Farm Bureau $1,212
4 Progressive $1,223
5 State Farm $1,273
6 Nationwide $1,985
7 Allstate $3,060

Full-coverage car insurance gives your vehicle a greater degree of security with collision and comprehensive examination coverages .

  • Collision coverage: Protects a driver’s own vehicle from damage resulting from a crash, regardless of who was at fault. Also covers damage from collisions with objects or single-car accidents.
  • Comprehensive coverage: Protects a vehicle from damage caused by natural disasters, hail, theft or something other than a crash.

Cheapest car insurance for drivers with prior incidents

A speed slate, DUI or accident will raise indemnity rates in about every position, and the increase is luminary for raleigh residents. That puts evening more emphasis on comparing rates and shopping round to secure the best premiums for your hope coverage .
We ’ ve identified the cheapest insurers for drivers in Raleigh who have :

Cheapest car insurance in Raleigh after an accident: Erie

The lowest rate for Raleigh drivers with an at-fault accident was from Erie, which had an average annual premium of $ 1,249. That rate came in at less than those from both NC Farm Bureau ( $ 1,943 ) and Progressive ( $ 1,962 ) .
Premiums went up an average of $ 870, or 58 %, in Raleigh following an accident. Erie ‘s rate went up entirely $ 60 after an accident. No other insurance company raised rates by less than $ 548 .

Rank

Company

Annual rate

1 Erie $1,249
2 NC Farm Bureau $1,943
3 Progressive $1,962
4 State Farm $2,159
5 Nationwide $2,532
6 Geico $2,775
7 Allstate $4,011

Accidents raise rates more than 53 % overall in North Carolina .

Cheapest car insurance for drivers with a speeding ticket: NC Farm Bureau

Raleigh’s top car insurance rate for drivers with a speeding ticket was from NC Farm Bureau. progressive offered the second-lowest rate, followed by Erie, although the deviation between the three was small .
A speed ticket in Raleigh raised policy rates, on median, by 40 % ( $ 587 ) overall .
The average rate for Raleigh drivers with a speeding ticket was $ 1,630 from NC Farm Bureau, just a sting lower than progressive ’ s $ 1,645 and Erie ’ s $ 1,681 .

Rank

Company

Annual rate

1 NC Farm Bureau $1,630
2 Progressive $1,645
3 Erie $1,681
4 Geico $1,725
5 State Farm $1,779
6 Nationwide $2,396
7 Allstate $4,083

Cheapest car insurance for drivers with DUIs: NC Farm Bureau

Drivers in Raleigh with DUI violations will pay around four times ampere much — a entire of $ 4,659 excess — for full-coverage car indemnity compared to drivers with clean records. NC Farm Bureau had the city ‘s best rates at $ 4,761 per annum. That pace was $ 52 less than Progressive and $ 150 less than Geico .
NC Farm Bureau ‘s rates jump by 293 % for a driver with a DUI, an increase of $ 3,549. Allstate had a notably large increase, with annual rates rising by $ 10,048 .

Rank

Company

Annual rate

1 NC Farm Bureau $4,761
2 Progressive $4,813
3 Geico $4,911
4 Erie $4,922
5 State Farm $5,452
6 Nationwide $5,471
7 Allstate $13,108

Cheapest car insurance for drivers with poor credit: Progressive

Poor citation will likely raise your policy costs notably, though not a much as a speed ticket or accident. In Raleigh, the best rates for drivers with poor credit come from Progressive, which offered an average rate of $ 1,223 .
The Progressive rate was $ 46 less than that of Erie and $ 81 less than Geico. On average, hapless credit rating adds $ 275 to the Raleigh price of wax coverage .

Rank

Company

Annual rate

1 Progressive $1,223
2 Erie $1,269
3 Geico $1,302
4 NC Farm Bureau $1,397
5 Nationwide $2,190
6 State Farm $2,190
7 Allstate $3,183

Cheapest car insurance for young drivers: Geico

Geico offered the best rates for unseasoned drivers in Raleigh. The average rate for an 18-year-old was $ 2,216, which was $ 260 less than the next-lowest rate .
state farm charged the second least at $ 2,476, while Erie charged $ 2,518. Younger drivers, on average, paid $3,516, an increase of 127% or $1,969 from their 30-year-old counterparts. insurance companies consider younger drivers much riskier on the road, which raises their rates .

Rank

Company

Annual rate

1 Geico $2,216
2 State Farm $2,476
3 Erie $2,518
4 NC Farm Bureau $2,520
5 Progressive $2,546
6 Nationwide $5,068
7 Allstate $7,269

Options for young drivers looking to cut their policy costs include :

  • Looking for discounts: You should review your options and check with your insurer to see if you qualify for a range of discounts, including good grade and safe driving discounts, among others.
  • Joining a parent’s car insurance policy: This option will likely raise the price of the parent’s policy, but it is drastically cheaper than maintaining separate policies.

Best auto insurance companies in Raleigh

The lead companies for customer gratification in North Carolina were Nationwide, State Farm and Allstate, according to a survey conducted by ValuePenguin .
For more information about each insurer’s customer service rating, visit our North Carolina car insurance guide.

Average car insurance costs in Raleigh, by neighborhood

Raleigh is at the heart of a aggressive metro sphere of closely 1.4 million people spread chiefly across two counties. The city itself is fair short of a half-million people across 17 ZIP codes .
The cheapest nothing code in Raleigh is 27607, which encompasses an area just west of downtown, including part of North Carolina State University and Meredeth College. The most expensive ZIP code in the city is 27604, fair northwest of business district and encompassing a place of little neighborhoods .
Rates vary modestly, with equitable $ 272 separating the cheapest and most expensive ZIP codes in Raleigh .

ZIP code

Average annual rate

27601 $1,677
27603 $1,583
27604 $1,690
27605 $1,444
27606 $1,463
27607 $1,419
27608 $1,444
27609 $1,669
27610 $1,645
27612 $1,478
27613 $1,482
27614 $1,515

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Auto theft statistics in Raleigh

raleigh ranks seventh among the 15 largest cities in North Carolina in cars stolen per 100,000 residents. There were 157 cars stolen per 100,000 inhabitants in 2019 .
A total of 748 cars were stolen in 2019 in Raleigh. Apex had the lowest rates of car larceny among the 15 largest cities in the department of state .

Rank

City

Population

Car thefts

Thefts per 100,000

1 Apex 56,276 16 28
2 Cary 172,525 77 45
3 Chapel Hill 61,457 36 59
4 Concord 96,138 99 103
5 Huntersville 58,512 65 111
6 Greenville 94,193 114 121
7 Raleigh 477,828 748 157
8 Fayetteville 209,614 385 184
9 Wilmington 124,750 258 207
10 Burlington 54,108 141 261
11 Durham 280,282 758 270
12 Greensboro 298,025 987 331

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Methodology

Quote data came from every ZIP code in Raleigh and included seven of North Carolina ‘s largest insurers. The sample driver is a 30-year-old man with a 2015 Honda Civic EX and average citation. Rates are for a full-coverage policy, unless otherwise stated .
policy rate data came from Quadrant Information Services. Rates were publicly sourced from insurance company filings and should be used for relative purposes lone .
Source: FBI North Carolina Crime Report

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