The Best Car Insurance in North Carolina for 2022

COMPANY HIGHLIGHTS

Nationwide gives discounts for bundling, insuring multiple cars and safe driving. The bundling discount applies when you couple a home insurance policy with a car insurance policy from Nationwide. Getting a policy for two or more cars with Nationwide gives you a discount on your premium as well. In addition, keeping a record with no at-fault accidents and major violations for five years allows you to access a discount.

Drivers with anti-theft systems in their cars can also have a reduced rate for their car insurance policy. Additionally, policyholders can also get a discount if they set up a bank account for automatic payments. Taking advantage of these discounts, no matter how common or uncommon they are across insurers, helps drivers save money in the long run.

COMPANY HIGHLIGHTS

Despite the high cost of insurance for students and new drivers, young drivers in North Carolina can get a policy with cheap rates and superior service through State Farm. Because of their higher risk for accidents, young drivers need an insurer with excellent customer service.

State Farm offers discounts for distant students, good students and those who take a driver's education course. A student who’s under 25 years of age can get a discount when they go away to college provided that they only use their car while they’re back home. Students who get a B average, a GPA of 3.0 or belong to the top 20% of their class can also get cheaper rates.

Lastly, drivers who are under 21 years old and have taken a driver’s education course can receive a discount as well.

COMPANY HIGHLIGHTS

Nationwide combines top-notch service with providing affordable premiums despite the increasing rates of senior insurance. This company offers a variety of coverages that specifically help seniors keep their premiums down.

Drivers who are 55 years old and older can get a discount on their policy for defensive driving. This discount applies once the driver completes a safety course that is approved by the state.

This company also provides roadside assistance coverage and rental car or travel reimbursement. Nationwide’s roadside assistance is available around the clock for fuel delivery, tire change, jump-starting your battery or towing. Rental car reimbursement gives you a rental car while your car is being repaired because of a covered accident. These make things more convenient for seniors to help them avoid stress in these situations.

COMPANY HIGHLIGHTS

Erie is the best option for drivers with a poor driving record, with a policy costing roughly $1,089 annually. Erie covers the following if you are involved in an accident:

• Roadside Assistance: This covers towing and labor charges when your car breaks down.
• Rental Reimbursement: This pays for transport expenses and car rental if your car is at the repair shop.
• Accident Forgiveness: With accident forgiveness, there are no surcharges for the first at-fault accident after a three-year accident-free period
• New Car Replacement: If your car is two years or less and is totaled in an accident, you can have it replaced with the same model.
• Better Car Replacement: You can have your car replaced if it is less than two years old and gets totaled. However, this coverage does not apply to leased cars.

COMPANY HIGHLIGHTS

USAA provides some of the most affordable policies and has the best service ratings in North Carolina. It also has one of the best reputations nationwide.

The coverages and discounts that USAA offers include:

• Uninsured Motorist: This covers damage caused to your car in an accident involving a driver with no insurance. It also covers damage caused by a hit-and-run driver.
• Accident Forgiveness: If you manage to stay accident-free for five years, you will not incur a rate increase for your first at-fault accident.
• New Vehicle: You qualify for a discount when you buy a premium for a car that’s only three years old or below.
• Multiple Car Coverage: You qualify for a discount when you insure more than one car with USAA.

COMPANY HIGHLIGHTS

Erie offers new and better car replacement coverage. Your vehicle loses value as soon as you drive it off the lot, so this coverage helps you replace your car if you get into an accident soon after buying it.

Erie’s new car and better car replacement coverages are also called Auto Security. This feature pays for the reimbursement of your car if you total it in the first two years after buying. This provides you with a new vehicle of a similar model or an upgrade.

A car that’s less than two years old can be replaced by the latest model of the same car. On the other hand, if your car is older than two years, you can still get a replacement, but it will be a model that’s two years newer.

COMPANY HIGHLIGHTS

Nationwide SmartRide is a combination of driving behavior and a pay-per-mile program. To measure how safe your driving is and calculate your discount, SmartRide pays attention to the number of miles you’ve driven, your hard braking and acceleration, idle time and nighttime driving.

You can get weekly updates on your discount until your final discount, which will reflect on your next policy renewal. The maximum discount offered by this program is 40%.

SmartRide won’t increase your premiums. It can only reduce them since this is a discount program. You don’t have to pay anything to enroll.

These types of programs can be excellent for low-mileage drivers since they allow you to save money on your insurance premiums. They are worth looking into if you don’t drive far.