Compare the Cheapest Car Insurance Quotes in Wilmington

To help you find the cheapest car insurance in Wilmington, MoneyGeek analyzed average rates across providers based on driving history and coverage amounts. The average cost of car insurance in the city is $788 per year, or 6.3% less than the state average. The most affordable car insurance coverage is from Nationwide, with an average cost of $583 annually. MoneyGeek also recommended the best companies for cost and quality.

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The Cheapest and Best Car Insurance in Wilmington

The Cheapest Car Insurance Companies in Wilmington

On average, the cheapest car insurance companies in Wilmington for a full coverage policy are:

  • Nationwide: $583 per year
  • State Farm: $606 per year

Most residents of Wilmington consider cost as one of the factors while purchasing car insurance. In the city, the best car insurance cost is from Nationwide. This cost is 70.3% less than Progressive, which is the most expensive insurer.

The above-mentioned costs represent what a 40-year-old male driver pays for a full coverage car insurance policy on average. The policy combines liability insurance with comprehensive and collision insurance that covers your vehicle.

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Average Cost of Car Insurance in Wilmington

Wilmington$788
NC$841
U.S.$1,424

The average car insurance rate in Wilmington is lower than the state average and almost half the national average. Drivers in the city pay an average of $788 per year. This amount is $6.3% less than the state average and a whopping 44.7% less than the national average.

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The Best Car Insurance Companies in Wilmington

MoneyGeek analyzed the best car insurance providers in Wilmington to help you find coverage that balances cost and quality of service.

According to the scores, the best car insurance providers in the city are:

  • Erie: MoneyGeek score of 92.5 out of 100
  • Auto-Owners Insurance Co: Moneygeek score of 90 out of 100

While USAA ranks as the best car insurance provider in Wilmington, its policies are limited to current and former military members.

MoneyGeek obtained the average scores based on various factors, including affordability, user satisfaction and financial stability scores from J.D. Power.


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 Wilmington

Car insurance rates in Wilmington vary per person depending on various factors. These include your location, age, credit score, driving experience and coverage level. While the average cost of car insurance in the city is $788 per year, your rates may be higher or lower depending on the above factors. Comparing quotes regularly across multiple insurers will help you secure the best rates, discounts and coverage.

Shopping around for car insurance in Wilmington could save you $205, which is enough to buy:


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68Cups of Coffee
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16Months of Your Favorite Streaming Service

Cheapest Car Insurance in Wilmington by Coverage Amount

The cost of car insurance in Wilmington and other cities in North Carolina greatly depends on the amount of coverage you purchase. The average cost for a minimum liability-only policy is $420 per year, while the cost of a full coverage policy is $788 per year. This is a difference of $368 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.

While looking for the best car insurance in Wilmington, it is essential to identify the right coverage level for your needs. If you wish to get the cheapest car insurance coverage, you may consider getting a state minimum liability-only policy from Nationwide, which costs an average of $305 per year. However, you must note that this coverage only meets the minimum requirements of the state.

If you need a policy with higher limits, a 50/100/50 liability-only or full coverage policy may work for you. The liability-only policy only covers the cost of the other driver in case of an accident. Meanwhile, a full coverage policy covers your cost as well as the other driver if you get in an at-fault accident.

A 50/100/50 full coverage policy from Nationwide, for instance, costs about $212 more than a 50/100/50 liability-only policy. You may also decide to increase the limits by purchasing a 100/300/100 full coverage policy at roughly $278 more per year when compared to a state minimum liability-only policy.

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

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

Car insurance companies in Wilmington charge lower premium rates for drivers with a clean driving record than those with violations such as speeding tickets and at-fault accidents.

If you have a clean record, you will pay an average of $583 for car insurance at Nationwide. However, if you have a speeding ticket, you might pay $260 more. Drivers with at-fault accidents and DUIs pay roughly $431 and $1,062 more, respectively, than those with clean driving records.

  • Company
    Speeding Ticketper year
    At-Fault Accidentper year
    DUIper year
  • 1.
    Nationwide
    $843
    $1,014
    $2,185
  • 2.
    State Farm
    $904
    $904
    $2,391
  • 3.
    North Carolina Farm Bureau
    $989
    $989
    $2,554
  • 4.
    Erie
    $1,008
    $1,008
    $2,637
  • 5.
    GEICO
    $1,301
    $1,087
    $3,474
  • 6.
    Travelers
    $1,247
    $1,396
    $3,629
  • 7.
    MetLife
    $992
    $1,572
    $3,812
  • 8.
    Progressive
    $1,364
    $1,364
    $3,794
  • 9.
    Allstate
    $1,368
    $1,908
    $3,842

Average Cost of Car Insurance by Postal Code

Average car insurance costs in Wilmington vary based on the ZIP code. Neighborhoods that record more car thefts, accidents and other similar occurrences always have higher car insurance rates. However, rates don’t vary much in Wilmington.

For instance, drivers living at ZIP code 28412 pay an average of $787 per year, while those at ZIP code 28403 pay $2 more, at $789 per year.

  • Zip Code
    State Minimumper year
  • 28412
    $787
  • 28403
    $789

Factors That Impact Insurance Costs in Wilmington

In addition to individual driver needs and history, location-specific factors like the percentage of uninsured motorists and the rate of car thefts also contribute to car insurance rates in Wilmington. How Wilmington 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 Fatalities230th/300
handcuffs2 icon
Most Car Thefts62nd/300
uninsured icon
Most Uninsured Motorists by State48th/50
insurance2 icon
Personal Injury Protection RequiredNo
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Most Annual Rainfall19th/300
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Most Rainy Days78th/300

Methodology and Assumptions

MoneyGeek’s average premium rates for Wilmington 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


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The MoneyGeek editorial team has decades of combined experience in writing and publishing information about how people should manage money and credit. Our editors have worked with numerous publications including The Washington Post, The Daily Business Review, HealthDay, and Time, Inc., and have won numerous journalism awards. Our talented team of contributing writers includes mortgage experts, veteran financial reporters, and award-winning journalists. Learn more about the MoneyGeek team.