How to Compare Car Insurance Quotes 2024
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Cheapest Car Insurance in North Carolina (2024)

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

Progressive is usually the best full-coverage option for cheap car insurance in North Carolina, with the lowest average rate at $727 a year. But if you just want minimum liability coverage, Erie offers the cheapest average rate of $317 among the top insurers.

This guide has a list of your least expensive North Carolina car insurance choices for various situations, including young drivers and motorists with a recent speeding ticket.

Find the Cheapest Car Insurance Quotes in Your Area

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.

This compares to the average cost for full coverage in North Carolina, which is $1,305 a year.

Cheapest companies for full-coverage car insurance

CompanyAverage annual rate
Progressive$727
State Farm$752
Farm Bureau$758
Erie$786
Geico$1,677
Nationwide$2,071
Allstate$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.

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.

The overall average cost for full-coverage car insurance for North Carolina drivers with a DUI is $5,207.

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.

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’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 obtains rates from insurance company filings reported to Quadrant Information Services. Rates shown in this article are based on an analysis of car insurance quotes for sample drivers.

Unless stated otherwise, we used thousands of car insurance quotes from across North Carolina for a 30-year-old man with good credit and no tickets, accidents or DUIs driving a 2015 Honda Civic EX.

For full-coverage policies, the following coverage limits were used:

  • Bodily injury liability: $50,000 per person, $100,000 per accident
  • Property damage liability: $25,000
  • Uninsured motorist: $50,000 per person, $100,000 per accident, where required by law
  • Personal injury protection: Minimum limits, where required by law
  • Collision: $500 deductible
  • Comprehensive: $500 deductible