North Carolina Low-Cost Auto Insurance Quotes
It shouldn’t be hard to get the cheapest car insurance in North Carolina. To locate the most cost-effective options, we compared North Carolina businesses.
Affordable Auto Insurance Rates are Available to North Carolina’s Safe Drivers
The most affordable vehicle insurance rates in North Carolina are offered by North Carolina Farm Bureau and Erie, respectively.
North Carolina’s most cost-effective businesses Cost of auto insurance for safe drivers in North Carolina, on average, per year.
Farm Bureau of North Carolina $930
Erie $1,064
Auto-Owners Insurance $600
The National Average for All States Is $1,205
North Carolina drivers who have received a speeding ticket may still get reasonably priced auto insurance.
Your North Carolina insurance rates might rise by as much as 44% if you get a speeding ticket. There are a number of ways in which insurers might raise rates. The rising cost of auto insurance premiums is no reason to stop looking for better terms.
The average premiums for North Carolina drivers with a speeding ticket on their record are lowest with North Carolina Farm Bureau and State Farm, so if you live in North Carolina and have a speeding ticket on your record and are shopping for car insurance, it is in your best interest to compare rates from these two companies.
North Carolina’s most cost-effective businesses The typical yearly premium for North Carolina drivers who have received a speeding ticket
Farm Bureau of North Carolina $1,334
$1,611 from State Farm | $1,614 from Erie | $1,205 from Nationwide
Average of $1,877 in the State
North Carolina drivers who cause injuries to others might get affordable car insurance.
If you have an accident that seriously injures someone else, it will be difficult to get affordable auto insurance in the future. According to our research, the average premium in North Carolina is 60% more for risky drivers than for safe drivers.
Our research shows that when it comes to bodily injury liability insurance, North Carolina Farm Bureau and Erie provide the most competitive prices.
North Carolina’s most cost-effective businesses Cost of auto insurance for at-fault drivers in North Carolina on average per year
$1,445 for the North Carolina Farm Bureau
Erie $1,753 Allstate $1,759
Average state general expenditures in the U.S.: $2,093
In North Carolina, even drunk drivers may get affordable car insurance.
In North Carolina, a DUI conviction typically results in a 266% increase in annual auto insurance costs. Finding affordable auto coverage via internet comparisons is still a possibility.
We compared North Carolina auto insurance rates for drivers with DUI convictions and found that National General and North Carolina Farm Bureau offered the most affordable policies.
North Carolina’s most cost-effective businesses Cost of a year’s worth of auto insurance after a DUI conviction in North Carolina.
Budgetary National Average of $3,020
Farm Bureau of North Carolina – $3,434
All 50 States: $3,590
Erie $4,254
Average in the state: $4,783
Affordable North Carolina Car Insurance Even if you have a low credit score
Drivers with low credit histories may face higher premiums when shopping for auto insurance in the Tar Heel State. Insurance rates in North Carolina are 32% higher for drivers with poor credit.
There are two vehicle insurance companies you may turn to if you reside in North Carolina and have a low credit score: North Carolina Farm Bureau and National General.
North Carolina’s most cost-effective businesses Cost of a year’s worth of bad-credit auto insurance in North Carolina.
Across the Board, Nationally: $1,205
Average of the state’s regions: $1,721 Erie $1,248 Progressive $1,449 Penn National $1,449
Teenagers in North Carolina may save money on auto insurance if they shop around and compare quotes.
In North Carolina, the average increase in annual vehicle insurance premiums caused by adding a young driver is 91% compared to the rates paid by a married couple without a juvenile driver.
Compare rates from State Farm and GMAC for young drivers in North Carolina to get the best policy at the lowest cost.
North Carolina’s most cost-effective businesses The typical premium for two adults in North Carolina The typical yearly rise in North Carolina auto insurance premiums for a family with a teen driver aged 16 is.
Insurance Company, State of $1,800 $2,759 53%
GMAC $1,807 $2,999 66%
Dollars and cents: Penn National $1,971 $3,622 84%
Progressive $2,136 $3,933 84%
General average $1,905 $3,640 91%
North Carolina drivers between the ages of 18 and 25 may get affordable auto insurance.
Auto insurance premiums are a hefty but necessary grownup expense. According to our research, Erie and North Carolina Farm Bureau had the cheapest policies for new drivers in North Carolina.
North Carolina’s most cost-effective businesses Erie’s average yearly premium in North Carolina for a young driver is $1,284
Farm Bureau of North Carolina $1,570 GMAC $1,661
Geico $1,702
Median of the state: $1,554
Car Insurance for Seniors in North Carolina Is Affordable
Senior citizens in North Carolina may get the cheapest auto insurance premiums at Erie and Nationwide. After completing a defensive driving course, drivers of any age may be eligible for discounts.
North Carolina’s most cost-effective businesses North Carolina drivers in their 60s, 70s, and 80s should expect to pay an average yearly premium of $932, $956 with Erie and Nationwide, respectively.
Farm Bureau of North Carolina $1,065
$1,230 from State Farm
Average of $1,046 per state
North Carolina Safety Courses at a Discount
Insurance discounts are available in North Carolina for drivers 55 and older who have completed a defensive driving course that has been certified by the state.
Insurance companies often provide discounts to customers who meet certain criteria, such as having a clean driving record, insuring several cars, or buying multiple insurance from the same provider.
Insurance-Saver Automobiles in North Carolina
Top-selling vehicles in North Carolina in 2021 include the Jeep Wrangler JL Sport, Honda CR-V LX, and Subaru Crosstrek, all of which have average insurance premiums below the state average. The 20 best deals are listed below.
The Lexus ES 300H ($1,948) and the Tesla Model S Performance ($2,291) have the highest insurance premiums in North Carolina.
Vehicle The State of North Carolina’s Typical Insurance Premium
Honda CR-V LX $1,089 Jeep Wrangler JL Sport $993
Crosstrek Subaru $1,137
Price: $1,137 for a Subaru Forester 2.5i and $1,147 for a Ford F-150 XL
Prices for several crossover SUVs are as follows: Jeep Compass Latitude $1,185 Chevrolet Equinox L $1,185 Hyundai Tucson SE $1,188 Ford Escape S $1,192
Tiguan SE Volkswagen – $1,210
$1,215 for a Chevrolet Traverse LS
$1,218 for a 2008 Toyota Tacoma SR
The Colorado Chevrolet $1,228
$1,241 for a 2012 Chevrolet Tahoe LS
$1,245 for a 2002 Toyota RAV4 LE
$1,254 for a 2012 Honda Pilot SE.
Trax LS by Chevrolet, $1,256
$1,261 for a 2018 Kia Sportage EX
$1,265 for a 2010 Toyota Highlander LE
Tundra SR Toyota $1,276
North Carolina’s required minimum car insurance coverage
North Carolina law requires all drivers to have at least the following forms of liability insurance:
The court has decided to award $30,000 in damages to the plaintiff.
The medical costs associated with an accident that harmed many persons would exceed $60,000.
Damages to property are limited to a maximum of $25,000.
This ratio is often written as 30/60/25.
The state-mandated minimums for auto insurance won’t be nearly enough to safeguard your finances in the case of an accident. It’s better to be safe than sorry when it comes to paying for court judgements, so buying additional insurance is a good idea.
Uninsured motorist coverage is mandatory in North Carolina. If they cause an accident and do not have insurance, this will cover your medical expenses and repairs to your car. If you find yourself perplexed by North Carolina’s laws, here’s a handy guide:
Uninsured motorist insurance is a must. The level of protection is completely up to you.
Underinsured motorist coverage is obligatory if your liability limits are higher than the state minimum of 30/60. This will cover your medical expenses if you are hurt in an auto accident and the other motorist just has liability insurance.
I’m planning to drive in North Carolina; what additional insurance coverages should I get?
When combined with liability and uninsured motorist coverage, comprehensive and collision insurance protects drivers against any and all road hazards. Having both theft protection and protection in the event of an accident with another vehicle or an animal like a deer is what collision and comprehensive insurance are for.
You won’t suffer any serious injuries in the event of an automobile crash. You might file a claim with your own collision insurance or with the other driver’s liability insurance if you were involved in an accident. Several possibilities would be available to you.
If you take out a vehicle loan or lease, you will almost certainly need collision and comprehensive coverage.
Insurance may take the form of compensation for medical costs. This insurance would pay for your hospital bills and funeral costs if you were injured in a car crash, regardless of who was at fault. The MedPay maximum might be rather modest, ranging from only $1,000 to $10,000. Additional resources are at your disposal. With MedPay, you and your passengers are covered. Copayments and other out-of-pocket expenses connected to medical treatment could be covered as well. On the other side, if you have decent health insurance, you may not need it.
What You Need to Know About Auto Insurance in North Carolina Liability insurance in North Carolina must meet minimal state requirements.
• $30,000 in coverage for each victim of physical harm
• $60,000 in coverage for injuries per accident for bodily harm
$25,000 for physical damage
Protection against drivers who are not fully nor adequately insured
•30,000.00 per individual
Per-accident costs of $60,000
Costs for Health Care
No necessity
Insurance for Crashes
No necessity
All bases are covered
No necessity
Is it possible to use my mobile phone in North Carolina as my insurance ID card?
North Carolina drivers may now provide proof of vehicle insurance by showing their smartphone screen. Accessing your auto insurance ID card is a simple when you have the company’s app on your mobile device.
The cost of car insurance in North Carolina may
The brand and model of the insured vehicle, the driver’s driving history, and the frequency of claims filed are only few of the factors that go into determining an insurance premium for a motor vehicle. North Carolina insurers may also think about things like this.
Does North Carolina Permit Factors?
Age
No
Credit
Yes
Occupation and Academia
Yes
Gender
No
Relationship status
Yes
Code de postal rgion
Yes
APCIA is the source for this information. Your driving record and the level of coverage you choose are only two of the many variables that will go into determining your premium.
The number of uninsured drivers in North Carolina.
According to the Insurance Research Council, around 6.5% of drivers in North Carolina do not have auto insurance. This is a much lower percentage of uninsured drivers than the state average of 26.7% in Florida.
Implications of North Carolina’s Insurance Laws for Uninsured Motorists
A driver in North Carolina might face licence suspension and a fine of at least $50 if they are caught driving without insurance. The cost to solve the issue was just $50.
When does an automobile in North Carolina be declared a total loss?
If the cost of repairs exceeds 75% of the vehicle’s worth, the vehicle is considered “totaled” under North Carolina law.
After receiving a complete loss payout from your motor insurer, you may still be responsible for repaying the balance of your auto loan. This financial gap is what gap insurance is meant to cover.
Insurance Choices in the Tar Heel State
The North Carolina Department of Insurance answers inquiries and conducts investigations into insurance companies. You may file a formal complaint via the site if you’re still having trouble.
Methodology
We compared prices across many North Carolina car insurance providers using data and analytics from Quadrant Information Services to determine who offers the best overall value. Unless otherwise specified, all estimates are based on the bare minimum liability insurance needed by law (often referred to as 100/300/100) for a brand new Toyota RAV4 driven by a 40-year-old woman with a spotless driving record. The deductible for both collision and comprehensive coverage is $500.
Insurance premium data from Allied, Allstate, Erie, Geico, National General, Nationwide, the North Carolina Farm Bureau, Penn National, Progressive, State Farm, Travellers, and USAA was used to generate statewide averages in North Carolina.