How to Compare Car Insurance Rates 2024
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LendingTree is compensated by companies on this site and this compensation may impact how and where offers appear on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.

Cheapest Car Insurance in North Carolina (2024)

Updated on:
Content was accurate at the time of publication.

Cheapest for full-coverage car insurance

4 star

$727/yr

$377/yr

Below average

Progressive offers the cheapest car insurance rates in North Carolina for full-coverage and offers great discounts. On the other end, Progressive generally receives low customer service ratings from J.D. Power throughout most of the country.

Pros

+

Cheapest rates in North Carolina for a full-coverage policy
Several discounts that are easy to qualify for
Great selection of optional coverages
Has a low complaint rating of 0.56 from NAIC, which looks at the number of complaints against a company and compares it to the size of the company to come up with a rating

Cons

+

Below-average customer satisfaction ratings

Cheapest for liability-only car insurance

$786

$317

Above average

Erie is a great company due to its low rates and high customer service scores. Erie also offers a rate-lock coverage that protects against price increases, which few competitors offer. Along with affordable rates, Erie offers great customer service, according to J.D. Power.

Pros

+

Cheapest car insurance rates for a liability-only policy
High customer satisfaction rating from J.D. Power
Offers rate-lock coverage that protects against price increases

Cons

+

Some competitors offer cheaper rates for a full-coverage policy

Find the Cheapest Car Insurance Quotes in North Carolina

For North Carolina drivers looking for full-coverage car insurance, Progressive offers the cheapest average rate, at $727 a year. State Farm is the next most affordable at $752 a year.

Both companies offer average rates that are much cheaper than the state’s average rate for full coverage, which is $1,305 a year.

Cheapest companies for full-coverage car insurance

CompanyAverage annual rateLendingTree score
progressive logoProgressive$727
state farm logoState Farm$752
farm bureau logoFarm Bureau$758
Not rated
erie logoErie$786
geico logoGeico$1,677
nationwide logoNationwide$2,071
allstate logoAllstate$2,362

Rates are for full-coverage car insurance for a 30-year-old male with a clean driving record.

Full-coverage car insurance combines standard liability coverage with collision and comprehensive coverage.

Collision coverage takes care of damages to your own car after an accident. Comprehensive handles damage from reasons other than an accident, such as falling ice or if you hit an animal.

North Carolina does not require drivers to have full-coverage car insurance, but your lender will probably require it if you financed your vehicle.

Erie has the cheapest minimum-liability coverage car insurance in North Carolina, at $317 a year on average. Farm Bureau is the next cheapest at $343 a year.

North Carolina’s average minimum-liability car insurance rate is $532 a year.

Cheapest companies for liability car insurance

CompanyAverage annual rate
Erie$317
Farm Bureau$343
State Farm$349
Progressive$377
Geico$696
Nationwide$730
Allstate$914

Rates are for liability-only car insurance for a 30-year-old male with a clean driving record.

Also known as “minimum car insurance” or “standard car insurance,” liability car insurance takes care of legal, medical and repair costs for others involved in an accident you’re responsible for.

Teens in North Carolina find the cheapest minimum-coverage car insurance with Erie, at an average of $694 a year, followed by State Farm.

The average rate of minimum car insurance for North Carolina teens is $1,129 a year.

Cheapest liability car insurance companies for young drivers

CompanyAverage annual rate
Erie$694
State Farm$723
Farm Bureau$783
Progressive$813
Geico$1,125
Nationwide$1,684
Allstate$2,079

Rates are for liability-only car insurance for an 18-year-old male with a clean driving record.

Teens often pay the most for car insurance of any age group. Young drivers tend to be inexperienced behind the wheel and so are seen as a higher risk for filing a claim.

To lower the rates of a teen driver in your home, you can add them to your own current car insurance. While this will increase your rates, it should still be cheaper than if you had separate policies.

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Savings Tips

On average, drivers can pay under $800 with Progressive, State Farm, Farm Bureau and Erie.

On average, teens pay the least with Erie at an average of $694 a year for a liability-only policy.

You can potentially save around $500 a year by comparing quotes from multiple insurers.

Find the Cheapest Car Insurance Quotes in North Carolina

Progressive has the lowest average rate for North Carolina drivers with a speeding ticket or similar traffic violation on their record. Their rates for this group average $961 a year.

For comparison, the average full-coverage rate for North Carolina drivers with a ticket or other violation is $1,799 a year.

Cheapest car insurance companies after a ticket

CompanyAverage annual rate
Progressive$961
State Farm$986
Farm Bureau$994
Erie$1,158
Geico$2,378
Nationwide$2,732
Allstate$3,387

Rates are for full-coverage car insurance for a 30-year-old male with one speeding ticket.

A speeding ticket in North Carolina usually stays on your record for three years. You can expect higher car insurance rates during that time.

If you have an at-fault accident on your driving record in North Carolina, Erie has the lowest average rate for you, at $868 a year. Progressive is the next lowest, at $1,137.

After an accident, the average rate for full-coverage car insurance in North Carolina is $2,180 a year.

Cheapest car insurance companies after an accident

CompanyAverage annual rate
Erie$868
Progressive$1,137
Farm Bureau$1,172
State Farm$1,174
Nationwide$3,409
Geico$3,722
Allstate$3,777

Rates are for full-coverage car insurance for a 30-year-old male with one accident.

Drivers in North Carolina with a DUI (driving under the influence) conviction generally get the cheapest rate for full-coverage car insurance with Progressive, at $2,717 a year on average.

On average, drivers with a DUI can pay $5,207 a year for full-coverage in North Carolina.

Cheapest car insurance companies after a DUI

CompanyAverage annual rate
Progressive$2,717
State Farm$2,806
Erie$3,332
Farm Bureau$4,237
Geico$5,686
Nationwide$7,796
Allstate$9,875

Rates are for full-coverage car insurance for a 30-year-old male with one DUI.

In North Carolina, a misdemeanor DUI charge stays on your driving record for seven years. A felony DUI stays on for 10 years.

You will see higher premiums during this time. Insurers see drivers with a DUI as very high risk. There is a possibility that your policy could be canceled, or that you will be denied coverage after a DUI.

North Carolina drivers with poor credit get the cheapest rates with Progressive, at an average of $727 a year. Erie is the next most affordable at $1,151 a year.

Cheapest car insurance with bad credit

CompanyAverage annual rate
Progressive$727
Erie$1,151
Farm Bureau$1,345
Geico$2,447
Nationwide$2,682
State Farm$3,722
Allstate$5,184

Rates are for full-coverage car insurance for a 30-year-old male with poor credit.

Insurers see a connection between a driver’s credit rating and the chances of that driver filing a claim. Credit-based scoring is still a debated issue, and some states have either prohibited it or limited its use.

Progressive and Erie are some of the best car insurance companies in North Carolina because of their affordable rates and dependable customer service.

CompanyLendingTree scoreJ.D. Power customer satisfaction
State Farm4.5842
Progressive3.8819
Geico3.7835
Allstate3.2824
Nationwide2.8815
ErieNot rated871
Farm BureauNot rated-

Of North Carolina’s biggest cities, Asheville has the cheapest car insurance, with an average rate of $1,183 a year for full coverage.

Charlotte, NC, has the most expensive average rate of $1,575.

Car insurance rates by city in North Carolina

CityAverage annual rate
Apex$1,223
Asheville$1,183
Burlington$1,207
Cary$1,223
Chapel Hill$1,213
Charlotte$1,575
Concord$1,400
Durham$1,330
Fayetteville$1,514
Gastonia$1,468
Greensboro$1,318
Greenville$1,313
Hickory$1,266
High Point$1,296
Holly Springs$1,208
Huntersville$1,325
Jacksonville$1,267
Kannapolis$1,379
Mooresville$1,315
Raleigh$1,355
Rocky Mount$1,312
Wake Forest$1,365
Wilmington$1,294
Wilson$1,355
Winston-Salem$1,200

Rates are for full-coverage car insurance for a 30-year-old male with a clean driving record.

Minimum coverage for car insurance in North Carolina

North Carolina requires drivers to have basic car insurance to order to drive legally. You’ll also typically need some more coverage if you have a car loan or lease.

North Carolina’s required liability car insurance coverage limits are:

  • $30,000 bodily injury coverage per person
  • $60,000 bodily injury coverage per accident
  • $25,000 property damage coverage
  • Uninsured/underinsured motorist bodily injury per person: $30,000
  • Uninsured/underinsured motorist bodily injury per accident: $60,000

LendingTree uses insurance rate data from Quadrant Information Services using publicly sourced insurance company filings. Rates are based on an analysis of thousands of car insurance quotes for a typical driver. Prices are shown for comparative purposes only. Your own rates may be different.

Unless noted otherwise, quotes are for a full-coverage policy for a 30-year-old man with good credit and a clean driving record who drives a 2015 Honda Civic EX.

Minimum-liability policies provide liability coverage with the state’s required minimum limits.
Full-coverage policies include collision, comprehensive and liability coverage:

  • Bodily injury liability: $50,000 per person, $100,000 per accident
  • Property damage liability: $25,000
  • Uninsured / underinsured motorist bodily injury: $50,000 per person and $100,000 per accident
  • Uninsured / underinsured motorist property damage: $25,000 per accident
  • Collision: $500 deductible
  • Comprehensive: $500 deductible

Our team of insurance experts rated insurance companies based on several categories. These categories include average rates, discounts, coverage options, third party customer service ratings, and app / website experience. We weighted these categories based on what customers value in an insurance company.

For 3rd party customer service ratings, we included NAIC’s Complaint Index scores and financial strength ratings from A.M. Best. NAIC Complaint Index scores are used to determine how satisfied customers are with their claims, while financial strength ratings from A.M. Best reflect the ability to pay out claims.

Overall satisfaction ratings are from the J.D. Power 2023 U.S. Auto Insurance Study.