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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The Cheapest and Best Car Insurance in Cary

The Cheapest Car Insurance Companies in Cary

The companies offering the most affordable full coverage policy on average in Cary include:

  • State Farm: $512 per year
  • Nationwide: $542 per year

Cost can be a major consideration when choosing the best car insurance company. State Farm offers the most affordable car insurance in Cary. On average, a policy with State Farm costs $512 per year. This is 77.7% less than the most expensive company, Allstate.

The second cheapest provider in Cary is Nationwide. A policy with Nationwide costs an average of $542 per year.

The prices mentioned are gathered by MoneyGeek based on a sample driver profile. This includes a full coverage policy along with liability insurance and comprehensive and collision insurance.

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Average Cost of Car Insurance in Cary

Cary$723
NC$841
U.S.$1,424

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.

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The Best Car Insurance Companies in Cary

While cost is important, quality service is as well. For drivers who want a balance of both, MoneyGeek found the best insurers in Cary. They include:

  • Erie: MoneyGeek score of 93 out of 100
  • Auto-owners: MoneyGeek score of 90 out of 100

USAA received the highest score in Cary by MoneyGeek's rating system. However, because USAA is only available to military members, veterans and their families, it is not listed as best overall.

Note that these scores were based on J.D. Power user satisfaction, affordability and financial stability.


1
USAA
Score:95

4/5

Affordability

5/5

Claims Ratings

4/5

User Satisfaction

A++

Financial Stability

2
Erie
Score:93

4/5

Affordability

5/5

Claims Ratings

4/5

User Satisfaction

A+

Financial Stability

3
Auto-Owners Insurance Co
Score:90

4/5

Affordability

3/5

Claims Ratings

4/5

User Satisfaction

A++

Financial Stability

4
North Carolina Farm Bureau
Score:88

4/5

Affordability

4/5

Claims Ratings

4/5

User Satisfaction

A

Financial Stability

5
GEICO
Score:85

3/5

Affordability

3/5

Claims Ratings

3/5

User Satisfaction

A++

Financial Stability

6
State Farm
Score:83

3/5

Affordability

3/5

Claims Ratings

4/5

User Satisfaction

A

Financial Stability

7
Nationwide
Score:80

2/5

Affordability

3/5

Claims Ratings

3/5

User Satisfaction

A+

Financial Stability

8
Travelers
Score:80

2/5

Affordability

3/5

Claims Ratings

2/5

User Satisfaction

A++

Financial Stability

9
MetLife
Score:80

3/5

Affordability

3/5

Claims Ratings

2/5

User Satisfaction

A+

Financial Stability

10
Safeco
Score:78

3/5

Affordability

2/5

Claims Ratings

3/5

User Satisfaction

A

Financial Stability

11
Progressive
Score:78

3/5

Affordability

2/5

Claims Ratings

2/5

User Satisfaction

A+

Financial Stability

12
Allstate
Score:75

2/5

Affordability

2/5

Claims Ratings

2/5

User Satisfaction

A+

Financial Stability

13
Liberty Mutual
Score:75

2/5

Affordability

3/5

Claims Ratings

2/5

User Satisfaction

A

Financial Stability

14
National General
Score:73

3/5

Affordability

2/5

Claims Ratings

2/5

User Satisfaction

A-

Financial Stability

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.

Shopping around for car insurance in Cary could save you $211, which is enough to buy:


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70Cups of Coffee
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16Months of Your Favorite Streaming Service

Cheapest Car Insurance in Cary by Coverage Amount

In Cary or elsewhere, the amount of coverage purchased plays a significant role when it comes to price. A policy that meets North Carolina state minimums costs, on average, $376 per year. On the other hand, a full coverage policy with higher liability limits can cost an average of $723 per year. This is a difference of $347 annually.

North Carolina Minimum Liability Requirements

  • Item
    Description
  • 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.

When looking for the cheapest car insurance in Cary, a liability-only policy could be your best option. These policies are more affordable but will only cover the costs of the other driver if you are responsible for causing an accident. Full-coverage plans are more expensive but will help pay for your expenses as well as the other driver’s if you cause an accident.

In Cary, a State Farm full-coverage policy with 50/100/50 limits costs $148 more than a liability-only policy. These coverage limits mean that your insurance company will pay $50,000 in medical expenses per person, up to $100,000 total and $50,000 in property damage costs.

Average Car Insurance Premiums: Liability-Only vs. Full Coverage

Liability Only
Full Coverage
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Cheapest Car Insurance in Cary if You Have Driving Violations

To get the best car insurance rates in Cary, you should try to maintain a clean driving record. Having a DUI, speeding ticket or at-fault accident on your driving record can cause your rates to increase.

A driver with no violations pays an average of $512 per year for a policy from State Farm. Having a speeding ticket or being at-fault in an accident can increase this rate by about $246 annually. Drivers with a DUI may pay $1,469 more per year.

  • Company
    Speeding Ticketper year
    At-Fault Accidentper year
    DUIper year
  • 1.
    State Farm
    $758
    $758
    $1,981
  • 2.
    Nationwide
    $783
    $943
    $2,029
  • 3.
    North Carolina Farm Bureau
    $902
    $902
    $2,313
  • 4.
    Erie
    $943
    $943
    $2,456
  • 5.
    GEICO
    $1,222
    $1,017
    $3,174
  • 6.
    Travelers
    $1,093
    $1,262
    $3,244
  • 7.
    MetLife
    $903
    $1,427
    $3,450
  • 8.
    Progressive
    $1,236
    $1,236
    $3,428
  • 9.
    Allstate
    $1,331
    $1,862
    $3,734

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 Code
    State 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.

accident2 icon
Most Accidents With Fatalities285th/300
handcuffs2 icon
Most Car Thefts33rd/300
uninsured icon
Most Uninsured Motorists by State48th/50
insurance2 icon
Personal Injury Protection RequiredNo
rain icon
Most Annual Rainfall93rd/300
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Most Rainy Days137th/300

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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About the Author


expert-profile

Mark Fitzpatrick is a senior content manager with MoneyGeek specializing in insurance. Mark has years of experience analyzing the insurance market and creating original research and content. He graduated from Boston College with a Bachelor of Arts and Johns Hopkins University with a Master of Arts.