Best Cheap Car Insurance in North Carolina (2022)
The average North Carolina driver pays $ 46 per calendar month for the minimal total of car indemnity the express requires, according to our data. The same driver pays $ 88 per calendar month for full-coverage car indemnity — which normally includes liability, collision and comprehensive protections .
hera is a quick breakdown of the cheapest car insurance companies in North Carolina :
After analyzing the rates of the best major insurance companies in North Carolina, we found the best insurance company for your specific driver profile .
Cheapest car insurance companies in North Carolina
The three cheapest insurance companies in North Carolina are Erie, NC Farm Bureau and State Farm. They each offer competitive rates — at $ 32 to $ 37 a month, on average — for policies that meet the minimum coverage requirements in North Carolina.
| Company | Average monthly rate |
|---|---|
| Erie | $32 |
| NC Farm Bureau | $34 |
| State Farm | $37 |
| Standard Fire | $44 |
| North Carolina average | $46 |
| GEICO | $47 |
| MetLife | $48 |
| Progressive | $48 |
| Nationwide | $54 |
| Allstate | $73 |
| Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary. | |
A minimum-coverage policy has a low upfront cost, but if you get into an accident, it can be costly because the policy is meant to protect other drivers and their property — not your own. We recommend that drivers with expensive or new cars purchase extra coverage to avoid exorbitant out-of-pocket costs .
Cheapest full-coverage car insurance in North Carolina
Erie not only has the most low-cost rates for drivers searching for a minimum-coverage policy, it besides has the best rates for full-coverage car indemnity .
Erie international relations and security network ’ t the only company offering low-cost car insurance in North Carolina. NC Farm Bureau and State Farm are each merely $ 5 more expensive on average than Erie .
| Company | Average monthly rate |
|---|---|
| Erie | $61 |
| NC Farm Bureau | $66 |
| State Farm | $66 |
| Standard Fire | $79 |
| GEICO | $82 |
| North Carolina average | $88 |
| MetLife | $92 |
| Progressive | $92 |
| Nationwide | $117 |
| Allstate | $139 |
| Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary. | |
Full coverage is more expensive than a minimal indebtedness policy because it provides extra coverages. There ‘s some variation in the definition of a full-coverage policy, but it typically means that you have comprehensive and collision protections on top of your minimum-coverage policy .
comprehensive coverage financially protects you from cable car damage caused by events out of your control. This includes natural disasters, larceny or hitting an animal. On the other hand, collision coverage pays out if your car is damaged by crashing into another vehicle or a stationary object, like a sign or pole .
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You can potentially save hundreds of dollars per annum by shopping around for rates .
Cheapest car insurance for young drivers in North Carolina
Two of the biggest determinants of your insurance rates are your experience and your old age. New and adolescent drivers have the highest rates out of any age group. This is due to the fact that they are among the most likely groups to be involved in an accident .
ascribable to the expensive prices, it ‘s even more significant that young drivers do everything they can to save money on car indemnity. This includes denounce about at multiple companies. The monthly difference between the cheapest and most expensive company for a 16-year-old is $ 259, on average .
- bar chart 16 class old
- bar chart 18 year old
- bar chart 20 class honest-to-god
Read more: The Best Car Insurance Companies for 2022
To save adenine much money as possible on car indemnity, we recommend adolescent drivers do the follow :
- Ask your parents about being added to their policy.
- Take advantage of discounts.
Cheapest car insurance for bad drivers in North Carolina
Incidents in your driving history can adversely impact your car policy rates. We took a front at how an at-fault car accident, a rush tag and a DUI conviction affect premiums. here ‘s what we found :
Cheapest car insurance for drivers after an accident
Drivers who have been involved in accidents are considered high risk and probably to get into another accident. As a consequence, these drivers are often charged higher car indemnity premiums following a crash .
But depending on your indemnity company, you may not see much of an increase at all. For exemplar, Erie increased rates by an average of alone $ 3. however, GEICO about doubled its premium .
| Company | Monthly rate before accident | Monthly rate after accident | Difference |
|---|---|---|---|
| Erie | $61 | $64 | $3 |
| NC Farm Bureau | $66 | $87 | $21 |
| State Farm | $66 | $92 | $26 |
| Progressive | $92 | $125 | $33 |
| Standard Fire | $79 | $131 | $52 |
| MetLife | $92 | $137 | $45 |
| GEICO | $82 | $150 | $68 |
| Nationwide | $117 | $157 | $40 |
| Allstate | $139 | $178 | $39 |
| Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary. | |||
Accidents stay on your drive read for three to five years, so the best thing you can do to get your rates back to normal is to drive safely during that time. If your bounty has become unaffordable, you can start shopping about for cheaper insurers and take advantage of discounts .
Cheapest car insurance for drivers with a DUI
Considering the badness of a DUI, it ‘s no surprise that drivers caught under the influence pay well higher rates for coverage. In fact, NC Farm Bureau, the cheapest company for drivers charged with a DUI, increased rates by closely 300 % .
| Company | Monthly rate before DUI | Monthly rate after DUI | Difference |
|---|---|---|---|
| NC Farm Bureau | $66 | $247 | $181 |
| Erie | $61 | $252 | $191 |
| State Farm | $66 | $281 | $215 |
| Standard Fire | $79 | $361 | $282 |
| MetLife | $92 | $371 | $279 |
| Progressive | $92 | $371 | $279 |
| Nationwide | $117 | $394 | $277 |
| GEICO | $82 | $401 | $319 |
| Allstate | $139 | $615 | $476 |
| Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary. | |||
Cheapest car insurance for drivers with a speeding ticket
Drivers caught having the necessitate for speed pay higher premiums on average compared to their counterparts with clean records. According to our research, Erie and NC Farm Bureau increased their monthly rates the least following a rush citation .
| Company | Monthly rate before ticket | Monthly rate after ticket | Difference |
|---|---|---|---|
| Erie | $61 | $86 | $25 |
| NC Farm Bureau | $66 | $87 | $21 |
| State Farm | $66 | $92 | $26 |
| MetLife | $92 | $125 | $33 |
| Progressive | $92 | $125 | $33 |
| Standard Fire | $79 | $129 | $50 |
| GEICO | $82 | $150 | $68 |
| Nationwide | $117 | $150 | $33 |
| Allstate | $139 | $190 | $51 |
| Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary. | |||
The best way to remove a speeding tag from your record is to wait for it to come off. typically, it takes around three to five years. alternatively, you can look out for discount and savings opportunities to lower your bounty .
Best car insurance companies in North Carolina, according to customers
It ‘s not enough to have the most low-cost indemnity policy. You besides need to have the best service. Having ace service can help make the claims process stress-free, effective and quick .
GEICO, for exemplify, is one of the most expensive options for policy, but has among the best service quality and claims satisfaction in the submit. When selecting an indemnity ship’s company, aim to strike a remainder between timbre servicing and broken prices .
To examine the choice of each company ‘s customer service, we looked at the National Association of Insurance Commissioners ( NAIC ) Complaint Index and J.D. Power U.S. Auto Insurance Satisfaction Study. The higher the J.D. Power score, the more plus the overall customer satisfaction. The higher the NAIC Complaint Index, the more complaints the insurance company received .
| Company | J.D. Power 2021 U.S. Auto Insurance Satisfaction Study | NAIC Complaint Index (2020) |
|---|---|---|
| Erie | 874 | 1.32 |
| GEICO | 843 | 0.67 |
| NC Farm Bureau | 836 | 1.04 |
| Progressive | 828 | 0.72 |
| Allstate | 838 | 0.87 |
| State Farm | 859 | 0.7 |
| Nationwide | 831 | 0.61 |
| MetLife | N/A | 0.46 |
| Standard Fire | N/A | 0.56 |
| Note: J.D. Power assesses overall customer satisfaction on a 1,000-point scale. The NAIC Complaint Index is the rate at which customers file complaints to their state regulators. The median Complaint Index is 1.0. | ||
Average car insurance costs in North Carolina by city
The modal cost of car policy is influenced by several factors, including the city where you live. Areas with higher rates of larceny or big populations tend to be slenderly pricier than cities with lower rates of crime and fewer residents .
Charlotte, the largest city in North Carolina, is about doubly ampere expensive as Asheville, which has closely a tenth of Charlotte ‘s population .
| City | Average monthly rate |
|---|---|
| Asheville | $105 |
| Cary | $113 |
| Charlotte | $107 |
| Concord | $118 |
| Durham | $113 |
| Fayetteville | $113 |
| Greensboro | $107 |
| High Point | $119 |
| Raleigh | $116 |
| Winston-Salem | $101 |
| Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary. | |
Car insurance requirements in North Carolina
North Carolina has car policy coverage laws every driver in the state of matter must follow to operate a vehicle. The minimal requirements are :
| Coverage | Limits |
|---|---|
| Bodily injury liability | $30,000 per person/$60,000 per accident |
| Property damage | $25,000 per accident |
| Uninsured/underinsured motorist bodily injury | $30,000 per person/$60,000 per accident |
| Uninsured motorist property damage | $25,000 per accident |
At confront prize, a minimal liability policy is the cheapest car insurance plan. however, depending on your needs, these coverages may not be sufficient. Say you get into an expensive accident and your car is badly damaged. Since you do n’t have collision coverage, you wo n’t receive fiscal reimbursement for the crash .
The penalties for failing to meet these requirements is steep. The state of matter may fine you $ 50 for your first cable car insurance lapse, $ 100 for your second relapse and $ 150 for each relapse after that. It besides may charge you a $ 50 restoration tip. additionally, your insurance company may penalize you for a lapse in coverage by charging higher rates .
Driving conditions in North Carolina
According to a late infrastructure study QuoteWizard conducted based on Federal Highway Administration ( FHA ) data, North Carolina ranks 24th out of 50 states for the worst infrastructure. approximately 14 % of North Carolina roads are deemed impossible, and 8.4 % of the state ‘s bridge decks are inadequate quality .
These infrastructure problems result in approximately $ 336 annual costs to the average state motorist — lower than the home median of $ 556 .
Methodology
QuoteWizard utilized data provided by Quadrant Information Services to conduct this comprehensive study. Our sample driver was a 30-year-old male who owns a 2012 Honda LX. His average mileage is 13,500 miles per year. The minimum car indemnity plan in our study met the bare coverage requirements needed to drive in North Carolina.
We defined a full-coverage policy as follows :
- $100,000/$300,000 bodily injury liability
- $100,000 property damage liability
- $30,000/$60,000 uninsured/underinsured motorist bodily injury
- $25,000 uninsured motorist property damage
- $500 collision and comprehensive deductible
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