How Much Is Car Insurance in North Carolina? (October 2024)

In North Carolina, drivers pay about $1,185 annually for full coverage car insurance. The average annual cost for minimum coverage is $567.

Your credit history, age, driving record and preferred coverage level influence your premium. Location also affects the price, as some areas have higher accident or theft rates.

North Carolina's full coverage car insurance costs an average of $1,185 annually. Knowing your state's average car insurance cost helps you assess the quotes you receive. Compare car insurance quotes to find an affordable plan that suits your needs.

Here's what you might pay for North Carolina auto insurance, from minimum to full coverage.

Car insurance in North Carolina is relatively affordable compared to the national average. The average annual premium for state minimum coverage in North Carolina is $567, cheaper than the national average of $619. The average annual premium for full coverage with a $1,000 deductible in North Carolina is $1,185, less expensive than the national figure of $1,337.

North Carolina's rates are moderate due to fewer uninsured drivers, less congested roadways, an effective state legal framework that helps reduce insurance fraud and a competitive insurance market that helps keep premiums low.

Car insurance premiums can vary greatly by company, even within a state. North Carolina Farm Bureau offers the most affordable full coverage at $531 annually, while Kemper is the most expensive at $2,105 annually.

To find the cheapest car insurance in North Carolina, review and compare offers from different providers for minimum and full coverage policies.

Car insurance costs in North Carolina depend on the selected coverage level. Minimum coverage costs around $47 per month, while full coverage with a $1,000 deductible is about $99 monthly. Though more expensive, full coverage insurance provides extensive protection.

Adding comprehensive and collision coverage increases premiums, but choosing a higher deductible can lower costs. The deductible applies separately to each claim.

In North Carolina, the minimum car insurance requirements include $30,000 for bodily injury per person, $60,000 per accident and $25,000 for property damage per accident, along with uninsured/underinsured motorist coverage matching these limits.

Your car insurance rates can vary significantly depending on your location in North Carolina. The most affordable city for full coverage is High Point at $807 per year, while the priciest is Fayetteville at $1,103.

Your driving history, credit rating and chosen coverage level influence your car insurance rates. Local crime rates and traffic density also impact premiums.

In North Carolina, younger drivers aged 22 to 29 pay the most, with annual premiums averaging $1,259. Costs decrease to $1,185 for drivers aged 30 to 59 and slightly increase to $1,186 for seniors aged 60 and over.

Age and gender impact car insurance rates in North Carolina. Adding a 16-year-old male to a family policy costs an average of $2,598 annually. For 16-year-olds looking to secure their own policy, the price is higher at $3,244 per year. A parent's or guardian's signature is often required to purchase car insurance for teens under 18.

The average annual cost of full coverage car insurance for a 2012 model is $925, while a 2022 model costs $1,304. This increase is due to newer models' higher actual cash values, more expensive repairs and greater risk of theft.

If you drive a newer model, it's wise to secure comprehensive and collision insurance, which protects against theft, natural disasters and accidents.

The average cost of car insurance in North Carolina varies significantly based on the driver's record:

• With an at-fault accident: $1,735 per year; $145 per month
• With a ticket: $1,845 per year; $154 per month
• With a DWI: $4,652 per year; $388 per month

The type of driving offense impacts premiums. The more severe the violation, the higher the cost. These increased costs will persist if the violation is on your record. In North Carolina, a DWI can affect your rates for up to seven years.

The table below shows the average cost of car insurance in North Carolina for different driving infractions.

The average car insurance cost in North Carolina can vary significantly based on your credit score, with premiums ranging from $834 for excellent credit to $1,437 for poor credit.

Your credit score is a key factor insurers use to determine your rate, where a good score could mean more affordable coverage. A good credit score ranges from 670 to 739, while excellent credit is 740 and above.

Discover the key elements that impact the average cost of car insurance in North Carolina and how these factors could affect your rates.

• Age and driving experience: Younger drivers often face higher insurance premiums due to inexperience, while mature drivers benefit from lower rates as they gain years of driving without major incidents.
• Driving record: A clean driving record with no accidents or violations can lead to more affordable insurance rates, indicating responsible driving behavior to insurers.
• Credit score: In North Carolina, your credit score can significantly influence your car insurance rates, with higher scores generally leading to more favorable premiums.
• Location within North Carolina: Urban areas with denser traffic can increase insurance costs due to the increased risk of accidents, theft and vandalism.
• Vehicle type: Your car's make, model and year can affect insurance rates. Luxury and sports cars generally incur higher premiums due to costlier repairs and replacements.
• Coverage type: Your selected coverage level, including collision insurance and comprehensive insurance, impacts your premium. Higher coverage limits lead to higher costs.
• Claims history: Drivers with a history of filing numerous claims may be considered a higher risk, which can result in increased insurance rates.
• Marital status: Married drivers may receive lower car insurance rates as they are statistically found to be involved in fewer accidents compared to single drivers.
• Annual mileage: The less you drive, the lower your risk of accidents, which can lead to reduced insurance rates. Higher annual mileage can mean higher premiums.
• State minimum coverage: Opting for minimum coverage can be the most affordable option, but it may not provide comprehensive protection against accidents or damage.

To secure affordable car insurance in North Carolina, compare rates, opt for a higher deductible and utilize all possible discounts to lower premiums effectively.

Find answers to your questions about the average cost of car insurance in North Carolina and how to reduce your rates.