Why you can trust Insure.com
At Insure.com, we are committed to providing the timely, accurate and expert information consumers need to make smart insurance decisions. All our content is written and reviewed by industry professionals and insurance experts. Our team carefully vets our rate data to ensure we only provide reliable and up-to-date insurance pricing. We follow the highest editorial standards. Our content is based solely on objective research and data gathering. We maintain strict editorial independence to ensure unbiased coverage of the insurance industry.
Understanding potential costs is essential when seeking auto insurance in North Carolina. On average, car insurance in North Carolina costs $1,741 annually or $145 monthly. This figure contrasts with the national average of $1,895, showcasing a variance of $154 from the state average.
You’re likely aware of this if you’re a resident here. Numerous factors contribute to car insurance premiums. Among them are age, gender, driving history, credit score, and location.
This guide also provides insights into the average cost of full coverage in the state, companies offering affordable monthly premiums, average car insurance rates across cities in North Carolina, and car insurance rates by age group.
It’s wise to shop around and compare quotes to ensure you’re not overpaying for auto insurance. Continue reading the guide to ensure your insurance policy meets your needs without surpassing your budget.
Key Takeaways
- Based on Insure.com’s in-depth data analysis, car insurance in North Carolina costs $1,741 per year.
- In North Carolina, the average premium for car insurance is $145 per month.
- At $1,082 a year, Erie Insurance has the cheapest car insurance rates in North Carolina.
Average car insurance cost in North Carolina per month
In North Carolina, car insurance costs around $145 per month on average.
It’s a common occurrence for the cost of the same coverage to vary among companies, which is true of every auto insurance company. Thus, when seeking car insurance rates in North Carolina, it’s wise to obtain quotes from multiple firms.
Cheapest car insurance companies in North Carolina
According to Insure.com’s rate analysis, Erie Insurance offers the most affordable car insurance premiums in North Carolina. The average annual cost is $1,082, or $90 per month. The second-best option available is State Farm, offering insurance at an average cost of $98 per month.
The table below lists the other available car insurance companies that offer car insurance in North Carolina, along with their average cost per month and average annual cost.
Affordable car insurance providers in North Carolina
| Company name | Average per month cost | Average annual cost |
|---|---|---|
| Erie Insurance | $90 | $1,082 |
| State Farm | $98 | $1,180 |
| North Carolina Farm Bureau | $101 | $1,217 |
| Nationwide | $126 | $1,513 |
| Geico | $135 | $1,617 |
| Penn National Insurance | $156 | $1,872 |
| Farmers | $169 | $2,028 |
| Progressive | $169 | $2,028 |
| Utica National Insurance Group | $173 | $2,070 |
| Allstate | $249 | $2,994 |
Read our guide to cheap car insurance companies
North Carolina car insurance calculator
Add a vehicle to Compare!!!
No matches found for the selected filter options..!!!
North Carolina
Average cost of car insurance by coverage levels in North Carolina
The extent of coverage you opt for directly influences the cost of car insurance in North Carolina. Your premium is determined by the limits of your liability coverage, as well as your choice regarding comprehensive and collision coverage.
Liability-only insurance protects against third-party property damage and personal injuries in case of an accident. However, in the event of a collision, having solely liability coverage on your auto insurance wouldn’t cover your injuries or personal property damage if you’re responsible for the accident. If your coverage limit is 50/100/50 for liability only, the average annual cost in North Carolina would be $523.
As you enhance your policy with additional coverage, your insurance premium inevitably rises, as the insurance provider will be liable to compensate you in the event of an accident or any other form of damage. Consequently, the average annual cost of full coverage car insurance in North Carolina amounts to $1,741.
For individuals who don’t own a car but frequently rent one, non-owner state minimum liability coverage is the most suitable option. Similar to liability-only coverage, it provides protection for property damage and bodily injury caused to another driver. In North Carolina, the average annual cost for non-owner state minimum liability coverage stands at $470.
For individuals seeking to lower their car insurance premiums, choosing the state minimum liability coverage alone, allows them to legally operate a vehicle within the state. This state minimum liability-only coverage option is priced at $476 annually in North Carolina.
Auto insurance premiums vary significantly from city to city, so drivers need to be sure they’re getting the best deal. Insure.com has done the research for you. Get more information on auto insurance rates by city below.
Car insurance rates in North Carolina by city
Average car insurance cost in North Carolina by city
Your car insurance premium is impacted by numerous factors, including your state, city, and even ZIP code. The incidents of accidents and the probability of vehicle theft or vandalism can significantly sway the overall cost within a city or ZIP code.
The table below depicts the top popular cities in North Carolina:
| City | Average annual cost |
|---|---|
| Cary | $1,550 |
| Charlotte | $1,824 |
| Concord | $1,731 |
| Durham | $1,741 |
| Fayetteville | $1,901 |
| Greensboro | $1,745 |
| High Point | $1,699 |
| Raleigh | $1,703 |
| Wilmington | $1,650 |
| Winston-Salem | $1,573 |
Average car insurance cost in North Carolina by age of the driver
Age plays a significant role in determining auto insurance rates. Teenagers have a higher chance of being involved in a car accident compared to any other age group. In North Carolina, the average annual rate for young drivers is $2,029, whereas for seniors, it is $1,731. The rate for young drivers exceeds that of senior drivers by $298.
Statistics show that young drivers are more likely to be involved in vehicle accidents than more seasoned drivers. As a result, they are classified as high-risk individuals and are more expensive to insure. This classification is primarily due to tendencies such as speeding and limited on-road experience. However, premiums begin to increase again around the age of 70, as certain aspects of aging may impact driving capabilities.
Average car insurance cost in North Carolina for young drivers
| Age of driver | Average annual cost |
|---|---|
| 20 | $2,219 |
| 21 | $2,021 |
| 22 | $1,998 |
| 23 | $1,972 |
| 24 | $1,936 |
Average car insurance cost in North Carolina for senior drivers
| Age of driver | Average annual cost |
|---|---|
| 65 | $1,679 |
| 70 | $1,740 |
| 75 | $1,775 |
Read more about senior car insurance
Minimum car insurance requirements in North Carolina
Every state establishes its own regulations concerning the minimum car insurance coverage drivers must possess to legally operate a vehicle. As per information given by the North Carolina Department of Insurance, the following outlines the mandatory coverages and minimum coverage limits in North Carolina:
- Bodily injury per person: $30,000
- Bodily injury per accident: $60,000
- Personal property coverage per person: $25,000
Cheapest cars to insure in North Carolina
Jeep Wrangler Unlimited owners pay less for car insurance, around $1,329 per year.
Jeep Wrangler follows closely with an annual premium of $1,460. The annual difference in insurance costs between these two models amounts to $131.
| Make | Model | Average annual premium |
|---|---|---|
| Jeep | Wrangler Unlimited | $1,329 |
| Jeep | Wrangler | $1,460 |
| Chevrolet | Bolt EV | $1,510 |
| Subaru | Outback | $1,530 |
| Mazda | CX-30 | $1,545 |
| Subaru | Crosstrek | $1,548 |
| Acura | RDX | $1,557 |
| Jeep | Wrangler 4Xe | $1,600 |
| Volkswagen | Tiguan | $1,617 |
| Subaru | Forester | $1,619 |
Most expensive cars to insure in North Carolina
Topping the list as the most expensive car to insure is the Dodge Charger SRT, at an average annual premium of $4,901. Notably, the annual difference between the least and most expensive cars to insure amounts to $3,572.
| Make | Model | Average annual premium |
|---|---|---|
| Dodge | Charger SRT | $4,901 |
| Dodge | Challenger SRT | $4,901 |
| Maserati | Ghibli Trofeo | $4,665 |
| Dodge | Charger R/T | $4,525 |
| Porsche | Panamera GTS | $4,455 |
| BMW | M8 | $4,291 |
| BMW | Alpina B8 | $4,242 |
| Audi | RS7 | $4,183 |
| Alfa-Romeo | Giulia Quadrifoglio | $4,128 |
| Audi | RS E-tron GT | $4,126 |
Methodology
The Insure.com team worked with Quadrant Information Service to get car insurance data. Our team of data analysts and expert editors have analyzed 56,838,240 insurance quotes from 136 insurance companies across 34,523 ZIP codes to determine the average premiums. The insurance rates are based on a sample profile of a 40-year-old male driver with a clean driving record and a good insurance score. Quotes premiums are for a full coverage policy with limits of 100/300/100. The quoted insurance rates are for comparison purposes, and your rates may vary.
57M
Quotes reviewed
136
No. of carriers analyzed
34.5K
ZIP codes analyzed
How much is car insurance in other states
Explore other insurance options in North-Carolina
- Average car insurance cost in North Carolina per month
- Cheapest car insurance companies in North Carolina
- Average cost of car insurance by coverage levels in North Carolina
- Average car insurance cost in North Carolina by city
- Average car insurance cost in North Carolina by age of the driver
- Minimum car insurance requirements in North Carolina
- Cheapest cars to insure in North Carolina
- Most expensive cars to insure in North Carolina
- Methodology