Compare the Cheapest Car Insurance Quotes in Raleigh, NC

2022

The Cheapest and Best Car Insurance in Raleigh

The Cheapest Car Insurance Companies in Raleigh

The indemnity companies that provide the lowest median rates for a full coverage policy in Raleigh are :

• Nationwide: $599 per year
• State Farm: $649 per year

On average, Nationwide ’ s full coverage policy is the cheapest among the city and is roughly $ 484 cheaper than a policy from Progressive, which costs an average of $ 1,083 per class. These rates for full includes comprehensive, collision and liability insurance. Because these are averages, your rates could go up or depressed depending on the liability coverage and driver profile .

Cheapest Car Insurance in Raleigh

Full Coverage 100/300/100

• company 100/300/100

  per year

• 1 .Nationwide

  $599

• 2 .State Farm

  $649

• 3 .Erie

  $726

• 4. North Carolina Farm Bureau

  $738

• 5 .GEICO

  $841

• 6 .Travelers

  $879

• 7 .Allstate

  $1,000

• 8 .MetLife

  $1,081

• 9 .Progressive

  $1,083

These average rates are for a 40 year old sample driver looking for a fully coverage policy in Raleigh. The broad limits are on our methodology page. In terms of cost, a full coverage policy is a bite higher since it will have two types of coverage besides the state-minimum liability insurance. These include :

• Collision Insurance: Provides coverage for collision damages when you hit another vehicle or a stationary object.
• Comprehensive Insurance: Provides coverage for expenses that are not a result of a collision which would include repairs, damages from natural disasters, theft, vandalism, etc.

A entire coverage policy is broadly recommended if you have a newer car. If you have an older car and decide to get fully coverage, you may end up paying more in premiums than what your car is deserving. In this character, it might be better to get express minimum indebtedness insurance .

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Cheapest Car Insurance in Raleigh for Minimum Coverage

Getting the minimum car indemnity offers the brassy rates. On average, the two cheapest car insurance companies in Raleigh for drivers looking for minimum coverage are :

• Nationwide: $309 per year
• State Farm: $360 per year

In comparison, MetLife has the most expensive rates in Raleigh at an average of $ 561 per year. While a state minimum policy in Raleigh will have the cheapest rates, these policies come with risk as they will not have comprehensive examination and collision policy like a full coverage policy. The table will show you how rates change as you require higher liability limits .

Cheapest Minimum Liability Car Insurance in Raleigh

country Minimum

• company State Minimum

  per year

• 1 .Nationwide

  $309

• 2 .State Farm

  $360

• 3 .Erie

  $391

• 4. North Carolina Farm Bureau

  $392

• 5 .GEICO

  $441

• 6 .Travelers

  $463

• 7 .Allstate

  $515

• 8 .Progressive

  $540

• 9 .MetLife

  $561

State minimal coverage is your best option in Raleigh if you ’ rhenium looking for the cheapest rates possible. unfortunately, it provides the least protection as it entirely covers liability damages, as required by North Carolina law on car insurance. You might be able to save on premiums, but since the policy has limited coverage, expect to pay more out of pocket if you are in an accident. For example, if repairs for damages cost $ 70,000 and you have a property damage indebtedness terminus ad quem of $ 50,000, you ’ ll pay the remaining $ 20,000 out-of-pocket .

North Carolina Minimum Liability Requirements

• item description
• Bodily Injury and Property Damage $ 30,000 per person, $ 60,000 per accident and $ 25,000 for place damage. A more protective level is 100/300/100 .
• Uninsured motorist $ 30,000 per person, $ 60,000 per incident and $ 25,000 for property damage. The minimal coverage may not be adequate if you ‘re in a serious accident .

Cheapest Car Insurance in Raleigh if You Have Driving Violations

car insurance companies look at your drive record when determining rates. Drivers with violations such as a ticket, DUI or an at-fault accident should expect rates to be higher than average. On average, the companies with the cheapest rates for bad drivers are :

• Cheapest after a ticket: Nationwide, $865 per year
• Cheapest after an at-fault accident: State Farm, $967 per year
• Cheapest after a DUI: Nationwide, $2,239 per year

It is possible for bad drivers to improve their commemorate over time to reduce their rates. In the meanwhile, it pays to shop around for the cheapest rates after a ticket or an accident to get the lowest premium possible .

Cheapest Car Insurance in Raleigh With a Violation

Speeding ticket

• company Speeding Ticket

  per year

• 1 .Nationwide

  $865

• 2 .State Farm

  $967

• 3. North Carolina Farm Bureau

  $1,063

• 4 .MetLife

  $1,081

• 5 .Erie

  $1,107

• 6 .Travelers

  $1,335

• 7 .GEICO

  $1,389

• 8 .Allstate

  $1,467

• 9 .Progressive

  $1,488

Average Cost of Car Insurance in Raleigh

Raleigh

$844

NC

$841

U.S.

$1,424

The average annual car insurance rate in Raleigh is $ 844, which is slightly higher than the country average annual premium of $ 841. however, this rate is lower than the home average. raleigh drivers pay 40.8 % lower than the $ 1,424 average annual agio in the United States.

Personalized Quotes to Get You the Cheapest Car Insurance in Raleigh

cable car indemnity companies in Raleigh evaluate risks related to a driver depending on several factors like historic period, sex, driving history, car make and model, coverage level and marital status. For example, if you are a 40-year-old male in the city, you can enjoy the cheapest annual premium of $ 599. however, if you are a 70-year-old male, you will have to pay up to $ 1,083. broadly, adolescent drivers have higher premiums. thus, if you are an 18-year-old male looking for car indemnity in Raleigh, Progressive will give you the most expensive rate of $ 2,291. GEICO provides the lowest rate for 18-year-old male drivers in Raleigh, with a premium of $ 1,203. Since your circumstances may change over time, it is best to get personalized car policy quotes in Raleigh regularly .

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The Best Car Insurance Companies in Raleigh

If you want to balance quality service and affordability, you can use MoneyGeek ’ s scoring system to identify the best insurance company for your profile. According to MoneyGeek ’ s research, the best car policy carriers in the city for most drivers are :

• Erie: MoneyGeek score of 93 out of 100
• Auto-Owners Insurance Co: MoneyGeek score of 90 out of 100

USAA received the highest score in Raleigh by MoneyGeek ‘s rat system. however, because USAA is only available to military families, it is not listed as best overall. MoneyGeek ’ s ranking methodology consists of assorted factors, including J.D. Power ’ s user atonement, fiscal stability and affordability scores .
1

USAA

score :

95

4/5 Affordability 5/5 Claims Ratings 4/5 User Satisfaction A++ fiscal constancy 2

Erie

score :

92.5

4/5 Affordability 5/5 Claims Ratings 4/5 User Satisfaction A+ fiscal constancy 3

Auto-Owners Insurance Co

score :

90

4/5 Affordability 3/5 Claims Ratings 4/5 User Satisfaction A++

fiscal stability 4

North Carolina Farm Bureau

score :

87.5

4/5 Affordability 4/5 Claims Ratings 4/5 User Satisfaction A fiscal constancy 5

GEICO

sexual conquest :

85

3/5 Affordability 3/5 Claims Ratings 3/5 User Satisfaction A++ fiscal stability 6

State Farm

score :

82.5

3/5 Affordability 3/5 Claims Ratings 4/5 User Satisfaction A fiscal constancy 7

Nationwide

grudge :

80

2/5 Affordability 3/5 Claims Ratings 3/5 User Satisfaction A+ fiscal constancy 8

Travelers

score :

80

2/5 Affordability 3/5 Claims Ratings 2/5 User Satisfaction A++ fiscal stability 9

MetLife

score :

80

3/5 Affordability 3/5 Claims Ratings 2/5 User Satisfaction A+ fiscal stability 10

Safeco

score :

77.5

3/5 Affordability 2/5 Claims Ratings 3/5 User Satisfaction A fiscal stability 11

Progressive

score :

77.5

3/5 Affordability 2/5 Claims Ratings 2/5 User Satisfaction A+ fiscal stability 12

Allstate

score :

75

2/5 Affordability 2/5 Claims Ratings 2/5 User Satisfaction A+ fiscal constancy 13

Liberty Mutual

score :

75

2/5 Affordability 3/5 Claims Ratings 2/5 User Satisfaction A fiscal stability 14

National General

score :

72.5

3/5 Affordability 2/5 Claims Ratings 2/5 User Satisfaction A- fiscal stability

Average Cost of Car Insurance by Postal Code

The highest and lowest car policy rate in Raleigh based on the ZIP code is $ 759 and $ 894, respectively, which means the deviation between the most low-cost and most expensive neighborhoods is $ 135. car indemnity rates differ by energy code due to factors like larceny rates and accident rates. Drivers living in ZIP code 27613 enjoy the most low-cost premium, while those from 27616 wage the highest .

• Zip Code State Minimum

  per year

• 27613

  $759

• 27603

  $828

• 27610

  $894

• 27616

  $894

Factors That Impact Insurance Costs in Raleigh

In addition to person driver needs and history, location-specific factors like the rate of car thefts and the percentage of uninsured motorists besides contribute to cable car insurance rates in Raleigh. How Raleigh ranks compared to the 300 most populous cities in the United States can have a significant impact on bounty costs . Most Accidents With Fatalities

186th

/ 300 Most car Thefts

33rd

/ 300 Most uninsured Motorists by State

48th

/ 50 personal Injury Protection Required No Most annual rain

93rd

/ 300 Most showery Days

129th

/ 300

Methodology and Assumptions

MoneyGeek ’ south average premium rates for Raleigh are based on 100/300/100 comprehensive collision coverage with a $ 1,000 deductible for a 40-year-old male driver. The average driver profiled drives a 2010 Toyota Camry LE and has no tickets or accidents on their record. Additional premiums are added based on coverage type, location and drive record. Learn more about MoneyGeek ’ mho data and methodology here. About the author

Mark Fitzpatrick is a senior contented coach with MoneyGeek specializing in policy. Mark has years of feel analyzing the indemnity market and creating original inquiry and message. He graduated from Boston College with a Bachelor of Arts and Johns Hopkins University with a master of Arts .

sources

• North Carolina Department of Transportation. “Insurance Requirements.” Accessed June 18, 2020 .