Compare the Cheapest Car Insurance Quotes in Cary, NC
Cary drivers pay $723 on average annually for car insurance, which is less than the state average. A MoneyGeek analysis on the cheapest insurer based on coverage and driving history found that State Farm offers the most affordable insurance on average. For drivers looking to balance quality service and cost, MoneyGeek also analyzed the best insurers in the area.
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Quality Verified
A comprehensive car insurance policy from State Farm costs on average $512 per year in Cary, the cheapest in the city. The insurer is also the most affordable for drivers with a speeding ticket, with an annual premium of $758. Nationwide offers the best average rate for state minimum liability coverage at $274. However, MoneyGeek recommends Erie as the best overall insurance company in Cary for its balance of competitive pricing and superior customer service.
The Cheapest and Best Car Insurance in Cary



The Cheapest Car Insurance Companies in Cary
The following insurance companies offer the most affordable full coverage car insurance in Cary:
- State Farm: $512 per year
- Nationwide: $542 per year
With an average annual premium of $512, State Farm is the cheapest among the insurance companies in Cary. Their rate is nearly 78% (about $398) lower than Allstate, which is the most expensive car insurance in the city, with an average annual premium of $910.
A full coverage policy includes comprehensive and collision coverage, however the cost of your policy may vary based on the amount of liability insurance you choose.
Cheapest Car Insurance in Cary
- Company100/300/100per year
- 1.$512
- 2.$542
- 3.$621
- 4.North Carolina Farm Bureau$628
- 5.$718
As described in our methodology, MoneyGeek’s analysis uses insurance quotes for a 40-year-old male driver looking for a full coverage policy.
A policy with comprehensive and collision coverage will cost more than one with liability-only. The benefit of full coverage car insurance is that you won’t have to pay out-of-pocket for damage to your car in the event of an accident.
- Collision Insurance: This pays to repair your car’s damages if you hit another vehicle or a stationary object.
- Comprehensive Insurance: This pays to repair your car’s non-collision damage, such as from an adverse weather event, theft or vandalism.
Note that if you have an older vehicle, full coverage car insurance may cost more than its replacement value. If you’re a driver with an older model car, you may wish to consider state minimum or liability-only insurance.
Compare Car Insurance Rates in Cary
Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.

Cheapest Car Insurance in Cary for Minimum Coverage
Insurance coverage that complies only with the state minimum will always be the cheapest car insurance. In Cary, the cheapest insurance for minimum coverage is offered by:
- Nationwide: $274 per year
- State Farm: $282 per year
MetLife is the most expensive state minimum insurance option in Cary at $466 per year. That’s $192 more than Nationwide.
While minimum coverage plans may be the cheapest available, they also lack comprehensive and collision coverage and have significantly lower liability limits. This could put you at risk of having insufficient coverage in case of an accident.
The table below illustrates how rates change when liability limits increase.
Cheapest Minimum Liability Car Insurance in Cary
- CompanyState Minimumper year
- 1.$274
- 2.$282
- 3.North Carolina Farm Bureau$334
- 4.$335
- 5.$380
By law, drivers in North Carolina must have state minimum liability only of 30/60/25, which is the least expensive type of insurance with the least protection. In fact, you may end up paying a substantial amount not covered by your insurer if you are involved in an accident.
For example, if you are at fault in an accident and the other driver’s medical bills add up to $40,000, you’ll be covered to $30,000 of that. The rest of the bill will have to be paid by you personally.
North Carolina Minimum Liability Requirements
- ItemDescription
- Bodily Injury and Property Damage$30,000 per person, $60,000 per accident and $25,000 for property damage. A more protective level is 100/300/100.
- Uninsured Motorist$30,000 per person, $60,000 per incident and $25,000 for property damage. The minimum coverage may not be enough if you're in a serious accident.
Cheapest Car Insurance in Cary if You Have Driving Violations
Your driving record highly impacts your car insurance premiums. Any violations, including speeding tickets, at-fault accidents or DUIs, may result in considerably higher premiums.
The insurance providers with the cheapest car insurance in Cary for drivers with violations are:
- Cheapest after a ticket: State Farm, $758 per year
- Cheapest after an at-fault accident: State Farm, $758 per year
- Cheapest after a DUI: State Farm, $1,981 per year
The best way to lower your premiums if you have violations is to improve your driving record over time. While you’re doing that, shop around for quotes to find which companies in Cary offer more affordable rates after a ticket or an accident.
Cheapest Car Insurance in Cary With a Violation
- CompanySpeeding Ticketper year
- 1.$758
- 2.$783
- 3.North Carolina Farm Bureau$902
- 4.$903
- 5.$943
Average Cost of Car Insurance in Cary
The cost of car insurance in Cary is lower than the state and national averages.
Car insurance companies in Cary charge an average of $723 per year. This is 14% less than the average annual premium for the state and 49.2% lower than the national average.
Personalized Quotes to Get You the Cheapest Car Insurance in Cary
Auto insurance providers calculate the average car insurance rates in Cary based on many factors. These can include age, marital status, gender, coverage level and more.
For example, a 40-year-old male in Cary pays an average of $512 per year. This rate may go up (or down) over time as the driver ages, if they get a new car or their driving habits change.
Taking the time to regularly compare car insurance quotes can help you find the best rates as your life circumstances change.
Compare Car Insurance Rates in Cary
Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.

The Best Car Insurance Companies in Cary
MoneyGeek recommended the best companies in Cary for drivers looking for a balance of affordability and quality service from their insurers. Based on MoneyGeek’s study, the best insurance companies for most drivers are:
- Erie: MoneyGeek score of 93 out of 100
- Auto-owners: MoneyGeek score of 90 out of 100
The scores were calculated based on several factors, including customer satisfaction, affordability and financial stability ratings by data analytics and consumer intelligence company J.D. Power.












Average Cost of Car Insurance by Postal Code
Your car insurance rates may be higher or lower than the average annual premium based on where you live. Factors such as the number of accidents and car thefts can impact the average insurance rates in each neighborhood.
In Cary, drivers living in the 27519 ZIP code pay roughly $5 more per year than those living in the 27513 neighborhood.
- Zip CodeState Minimumper year
- 27519$720
- 27513$725
Factors That Impact Insurance Costs in Cary
In addition to individual driver needs and history, location-specific factors like the rate of car thefts and the percentage of uninsured motorists also contribute to car insurance rates in Cary. How Cary ranks compared to the 300 most populous cities in the United States can have a significant impact on premium costs.
Methodology and Assumptions
MoneyGeek’s average premium rates for Cary are based on 100/300/100 comprehensive collision coverage with a $1,000 deductible for a 40-year-old male driver. The average driver profiled drives a 2010 Toyota Camry LE and has no tickets or accidents on their record. Additional premiums are added based on coverage type, location and driving record. Learn more about MoneyGeek’s data and methodology here.
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