Who Has the Cheapest Car Insurance Quotes for Good Drivers in North Carolina?

You have probably seen the captivating ads from insurers like Allstate, Progressive, and Farmers that promise huge savings, so you just need to choose the one with the best commercial, right?

It’s not that simple, unfortunately, as there are a lot of unknown elements such as whether you are a man or a woman, the crash test ratings of your vehicle, your choice of physical damage deductibles, and if you are married or single, that all help calculate your car insurance rates. This article will discuss the different ways to avoid overpaying and will hopefully give the reader a solid foundation to find cheaper car insurance.

Trying to find low-cost auto insurance is challenging, and finding out which company quotes the cheapest car insurance rates for good drivers takes even more rate comparisons. Prices may be somewhat less expensive than the average rate in North Carolina, with the decrease attributed to the potential for less claims associated with selling coverage for safe drivers. Competitive insurance should be readily available with minimal effort.
Each insurer uses their own calculation for determining rates, so we’ll take a look at the car insurance companies with the most affordable rates in North Carolina.

It’s important that readers know that North Carolina car insurance rates are impacted by many factors that control the price of your policy. Events such as a birthday, buying a home instead of renting, or getting a reckless driving citation may prompt premium changes resulting in some rates now being higher-priced than the competition.

Cheapest Insurance Rates for Good Drivers

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Progressive normally has some of the lowest car insurance rates in North Carolina at around $658 per year. Utica National, Liberty Mutual, NC Farm Bureau, and Penn National would also make the list of some of the best North Carolina auto insurance companies.

As depicted above, if you currently buy coverage from NC Farm Bureau and switched to Utica National, you might achieve a yearly savings of in the neighborhood of $75. Customers with Penn National could save as much as $77 a year, and GEICO customers might reduce prices by as much as $80 a year.

Remember that these policy rates are averaged for all insureds and vehicles and do not take into consideration a rate decrease for good drivers. So the insurer that can offer you the best rate may not even be included in the above rate chart. That illustrates why you need to get car insurance quotes using your own driver data and vehicle information.

One of the many factors that help determine the policy price is where your residence is. Areas with more people like Fayetteville, Charlotte, and Durham tend to have more expensive auto insurance rates, whereas more rural areas can boast about having cheaper rates.

The table below lists the priciest cities in North Carolina for good drivers to purchase a policy in.

Prices are estimated as the specific North Carolina residence address can modify premium rates considerably.

Impact of violations and accidents on rates in North Carolina

The ideal way to find the cheapest car insurance for good drivers in North Carolina is to pay attention while driving and maintain a clean driving record. The illustration below illustrates how traffic citations and at-fault fender-benders can drive up insurance costs for different age categories. The rates are based on a single female driver, comp and collision included, $250 deductibles, and no other discounts are factored in.

google.charts.setOnLoadCallback(drawVioqcibChart);function drawVioqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘No Violations or Accidents’, ‘One Speeding Ticket and No Accidents’, ‘One Speeding Ticket and One Accident’],[‘Age 20’, 1839,2003,2463],[‘Age 30’, 1275,1441,1899],[‘Age 40’, 1183,1347,1811],[‘Age 50’, 1037,1203,1665],[‘Age 60’, 1001,1167,1627],[‘Age 70’, 1167,1331,1795]]);var options = {title: ‘Effect of Tickets and Claims on North Carolina Auto Insurance Prices’,titleTextStyle: {color: ‘#333’, fontSize: 17, bold: true},width: ‘100%’,height: 600,’chartArea’: {left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’,textStyle: {fontSize: 12}},colors:[‘#b2da64′,’#eed355′,’#e39e71’],hAxis: {title: ‘Annual Auto Insurance Cost for Average Vehicle in North Carolina’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);formatter.format(data,3);var chart = new google.visualization.BarChart(document.getElementById(‘qcibvio’));chart.draw(data, options);}

The chart shows that the average cost of an auto insurance policy per year with a clean driving record and no accidents is $1,250. Get one speeding ticket and the average cost swells to $1,415, an increase of $165 each year. Then include one accident along with the one speeding ticket and the 12-month cost of car insurance for good drivers jumps again to an average of $1,877. That’s an increase of $626, or $52 per month, just for a couple of infractions!

How to get discounts on North Carolina insurance rates

Car insurance companies that provide the cheapest car insurance for good drivers in North Carolina may additionally offer price discounts that may potentially lower prices by as much as 35% if you meet specific eligibility requirements. Companies and a summarized list of policyholder discounts can be read below.

• American Family has savings for early bird, mySafetyValet, TimeAway discount, good driver, and bundled insurance.
• Farm Bureau may have discounts that include multi-vehicle, driver training, safe driver, good student, renewal discount, and 55 and retired.
• State Farm may include discounts for good student, defensive driving training, passive restraint, good driver, and accident-free.
• Travelers discounts include early quote, IntelliDrive, student away at school, save driver, payment discounts, and driver training.
• The Hartford offers premium reductions for driver training, air bag, bundle, defensive driver, vehicle fuel type, good student, and anti-theft.
• GEICO includes discounts for air bags, five-year accident-free, membership and employees, seat belt use, good student, anti-lock brakes, and military active duty.
• Progressive offers discounts including homeowner, online quote discount, online signing, continuous coverage, multi-policy, multi-vehicle, and good student.

The chart below shows the comparison of insurance premiums with and without discounts applied to the policy rates. The data assumes a male driver, no tickets, no at-fault accidents, North Carolina state minimum liability limits, comprehensive and collision coverage, and $100 deductibles. The first bar for each age group shows insurance cost with no discounts. The lower bar shows the rates with accident-free, homeowner, multiple vehicle, anti-theft, defensive driving course, and vehicle safety discounts applied. When taking advantage of discounts, the the average yearly reduction on car insurance for good drivers is 27% or $437.

google.charts.setOnLoadCallback(drawDiscqcibChart);function drawDiscqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘Male Driver No Discounts’, ‘Male Driver with Discounts’],[‘Age 20’, 2741,1979],[‘Age 30’, 1415,1033],[‘Age 40’, 1413,1029],[‘Age 50’, 1279,933],[‘Age 60’, 1237,899],[‘Age 70’, 1489,1077]]);var options = {title: ‘Insurance Rate Comparison for Good Drivers’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 500,’chartArea’:{left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’},colors: [‘#6791b9’, ‘#98bee2’],hAxis: {title: ‘Annual Auto Insurance Cost for Average Vehicle in North Carolina’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.BarChart(document.getElementById(‘qcibdisc’));chart.draw(data, options);}

How to find the cheapest car insurance for good drivers in North Carolina

The list below details many money-saving suggestions that can help North Carolina drivers locate low-cost coverage.

• Speeding tickets and other violations increase rates
• Higher deductibles mean lower rates
• Try to not file small claims
• Avoid accidents
• Do not insure for full coverage
• Compare rates once a year for cheaper prices

The last tip is certainly crucial, as we emphasized in this article. Prices fluctuate constantly, so don’t be afraid to switch to a new company if a lower price can be found.

Staying with the same car insurance company is fine, but it’s not recommended if that faithfulness ends up costing you a lot of money every month. Now is a great time to shop around to find cheaper insurance for good drivers.