Best Cheap Auto Insurance Quotes in North Carolina (2023)

Best Cheap Auto Insurance Quotes in North Carolina (2023)

Erie has the cheapest car insurance quotes in NC, at $26 per month for minimum coverage and $66 per month for full coverage.

Currently insured?
It's free, simple and secure.

Best cheap car insurance companies in North Carolina

To help drivers find the best cheap car insurance in North Carolina, our editorial team gathered quotes from top auto insurance companies across every ZIP code in the state.

Quotes for minimum coverage meet NC state minimum requirements of $30,000 in bodily injury liability coverage per person and $60,000 per accident and $25,000 in property damage coverage, along with uninsured motorist coverage with the same limits. Full coverage quotes include higher liability limits than state minimums, along with comprehensive and collision protection.

In addition, we ranked the best North Carolina auto insurance companies based on the cost of insurance for different drivers, coverage availability, convenience and customer service reviews.

The average cost of car insurance in North Carolina is $557 per year, or $46 per month, for minimum liability.

Cheapest car insurance quotes in North Carolina: Erie

Erie has the cheapest quotes for drivers who want a policy that meets the state's minimum auto insurance requirements. The average cost of car insurance from Erie is $46 per month— 43% cheaper than the statewide average.

Drivers could also find cheap quotes for less than $40 per month with Farm Bureau and State Farm.

Cheapest car insurance companies in North Carolina

Find Cheap Auto Insurance Quotes in North Carolina

Currently insured?
It's free, simple and secure.

Cheapest NC car insurance companies

Company
Monthly rate
Erie logo
Erie$26
Farm Bureau logo
Farm Bureau$31
State Farm logo
State Farm$35
Progressive logo
Progressive$41
Nationwide logo
Nationwide$48
Show All Rows

Minimum coverage is less expensive than full coverage because it doesn’t include comprehensive and collision coverage. It's also cheap because of its low liability coverage limits, but you risk not having enough protection after an accident. Drivers with newer cars or a long commute should consider full coverage car insurance instead.

Cheapest full coverage car insurance in North Carolina: Erie

Erie has the cheapest full coverage car insurance in North Carolina, at $66 per month, which is 40% less than the statewide average.

The average cost of full coverage car insurance in North Carolina is $109 per month — $63 more than a liability-only policy.

Drivers can also find cheap full coverage quotes from State Farm and Farm Bureau. Auto insurance from these companies costs an average of $76 per month, or $916 per year— $395 cheaper per year than the statewide average.

Cheapest NC car insurance for full coverage

Company
Monthly rate
Erie$66
Farm Bureau$72
State Farm$80
Progressive$100
Geico$119
Show All Rows

Cheap car insurance for NC drivers with prior incidents

Erie is the cheapest insurance company for drivers who have caused an accident or have poor credit. Farm Bureau has the cheapest insurance rates after a ticket, while Nationwide is the cheapest company after a DUI.

North Carolina drivers, and drivers everywhere, pay much more for car insurance if their driving record includes a DUI, traffic citation or an at-fault accident.

Cheapest car insurance rates after a speeding ticket: Farm Bureau

Farm Bureau has the cheapest car insurance quotes for drivers who have a ticket on their driving record. Full coverage costs $96 per month with Farm Bureau, which is 33% cheaper than average. Erie is just a hair more expensive, only $2 more per year.

Getting a speeding ticket is likely to raise your rates by an average of 32% in North Carolina — though not as much as getting into an at-fault accident.

Company
Monthly rate
Farm Bureau$96
Erie$96
State Farm$110
Progressive$134
Nationwide$144
Show All Rows

Cheapest car insurance quotes in NC after an accident: Erie

Erie is the cheapest insurance company for drivers who have caused an accident, offering average rates of $72 per month. Typically, the cost of car insurance for people with an at-fault accident on their records increases by 57% in North Carolina.

Company
Monthly rate
Erie$72
Farm Bureau$114
State Farm$133
Progressive$160
Nationwide$181
Show All Rows

Cheapest car insurance company after a DUI: Nationwide

Farm Bureau has the cheapest car insurance in North Carolina for drivers with a DUI or DWI, with quotes for 57% cheaper than average at $168. A DUI citation is expensive: one offense more than triples the average cost of insurance — to $4,649 per year.

Company
Monthly rate
Nationwide$168
Farm Bureau$276
Erie$278
State Farm$329
Progressive$389
Show All Rows

Cheapest car insurance for NC drivers with poor credit: Erie

Erie offers the cheapest car insurance to North Carolina drivers with poor credit, at $96 per month. With Erie, the auto insurance quotes for drivers with poor credit went up 49%, but its initial rates are so low, the final price still edged out Progressive.

Company
Monthly rate
Erie$96
Progressive$100
Farm Bureau$118
Geico$175
Nationwide$178
Show All Rows

It's common for insurance companies to charge higher quotes to drivers with poor credit, though several states are banning this practice. Insurance companies have found drivers with poor credit tend to file more insurance claims.

Cheapest car insurance for teen drivers in North Carolina: Erie

Erie has the cheapest rates in North Carolina for 18-year-olds, averaging $58 per month for liability-only coverage. State Farm comes in a close second place at $59 per month, and it's the cheapest company for teens without a clean driving record.

Company
Liability only
Full coverage
Erie$58$136
State Farm$59$133
Farm Bureau$72$161
Geico$86$217
Progressive$89$205
Show All Rows

The average cost of car insurance for 18-year-olds is $96 per month for liability-only coverage and $233 per month for full coverage.

Teen drivers typically pay more than twice as much as 30-year-old drivers due to their lack of driving experience.

Cheapest quotes for NC young drivers after a ticket: Erie

Erie and State Farm have the cheapest auto insurance quotes for teens with a ticket on their driving record, at less than $75 per month for a liability-only policy.

Young drivers can expect to pay 16% higher insurance rates after getting a single speeding ticket, or 35% higher rates after an at-fault accident.

Company
Monthly rate
Erie$73
State Farm$74
Farm Bureau$83
Geico$100
Progressive$103
Show All Rows

Cheapest company for young drivers after an accident: Erie

Erie also has the cheapest rates for teens after an accident, at $64 per month for liability-only coverage.

Teens with an at-fault accident on their record can also find cheap car insurance from Farm Bureau and State Farm, with rates under $95 per month.

Company
Monthly rate
Erie$64
State Farm$83
Farm Bureau$91
Progressive$114
Nationwide$129
Show All Rows

Cheapest car insurance quotes in North Carolina for married drivers: Erie

Erie is the cheapest car insurance for married drivers, at $66 per month, despite not giving them any price break. Nationwide has the largest discount for married drivers, $10 per month.

Insurance companies sometimes give married drivers a small discount on car insurance rates due to the correlation between being married and getting in fewer accidents.

Company
Monthly rate per car
Erie$66
Farm Bureau$72
State Farm$80
Progressive$100
Nationwide$131
Show All Rows

Best car insurance companies in North Carolina

Erie is the best-rated insurance company in North Carolina because of its good customer support, range of coverage options and affordable rates.

State Farm, which boasts strong all-around offerings, and Farm Bureau, with exceptional customer service, are also good car insurance companies.

Comparing the customer service reputations of insurance companies in your area is an important part of picking a policy, in addition to shopping around for the best rate. If you ever have to file a claim after an accident, it's good to know your insurance company has a history of quick, responsive service.

Best NC car insurance

Company
Editor's rating.
J.D. Power.
AM Best.
Farm Bureau
NRA
Erie
870A+
State Farm
842A++
Geico
835A++
Nationwide
815A+
Show All Rows
Currently insured?
It's free, simple and secure.

Average cost of car insurance in North Carolina by city

The most expensive city for car insurance in North Carolina is Newell, just outside Charlotte, with average rates of $146 per month. The cheapest city is the small town of Marble, at $92 per month.

The average cost of full coverage car insurance in North Carolina is $109 per month. But depending on where you live in the state, average full coverage auto insurance rates can range by $54.

Average car insurance cost by city

City
Monthly cost
% from average
Aberdeen$102-5%
Advance$98-9%
Ahoskie$1157%
Alamance$1080%
Albemarle$102-5%
Show All Rows

North Carolina auto insurance requirements

North Carolina requires minimum liability limits of $30,000 per person and up to $60,000 per accident for bodily injury liability and uninsured motorist coverage, plus $25,000 for property damage.

Coverage
Minimum required limits
Bodily injury liability$30,000 per person/$60,000 per accident
Property damage liability$25,000 per accident
Uninsured/underinsured motorist bodily injury$30,000 per person/$60,000 per accident
Uninsured motorist property damage$25,000 per accident

The North Carolina Department of Insurance mandates that policies with the minimum coverage limits include only uninsured motorist coverage. Once protection limits are raised, the law requires that both uninsured and underinsured motorist coverage are bundled together on drivers' policies.

While your car insurance policy may meet North Carolina's minimum coverage requirements, it may not be enough coverage to pay for an expensive accident. And if you have a car loan or lease, you'll be required to add collision and comprehensive coverage to your policy.

Frequently asked questions

Who has the cheapest car insurance in North Carolina?

Erie has the best price for car insurance in North Carolina, at $26 per month for minimum liability and $66 per month for full coverage.

What is the average cost of car insurance in North Carolina?

The average cost of auto insurance in North Carolina is $46 per month, or $557 per year, for a minimum coverage policy. The average cost for a full coverage policy is $109 per month, or $1,311 per year.

What is the best insurance company in North Carolina?

The best car insurance companies in North Carolina are Erie, State Farm and Farm Bureau. Those companies have strong customer service and coverage options, in addition to having some of the cheapest rates in the state.

What car insurance is required in North Carolina?

North Carolina requires $30,000/$60,000 of bodily injury liability and $25,000 in property damage coverage for all drivers. In addition, you're also required to carry the same amount of uninsured motorist coverage, which pays for your own damage if the other driver is at fault in an accident and is uninsured. North Carolina is not a no-fault state, so you are not required to get personal injury protection (PIP).

How much does car insurance cost in Charlotte?

Car insurance in Charlotte averages $133 per month for full coverage. It's the most expensive major city in the state for car insurance, and coverage costs about 21% more per year than the average price statewide.

Methodology

We collected thousands of rates from ZIP codes across North Carolina from the state's largest insurers. Quotes are for a 30-year-old man with a 2015 Honda Civic EX who has good credit.

Rates are for a full coverage policy unless otherwise noted and include liability coverage higher than the state requirements, plus collision and comprehensive coverage:

Coverage type
Study limits
Bodily injury liability$50,000 per person/$100,000 per accident
Personal injury protection$10,000
Property damage liability$25,000 per accident
Uninsured/underinsured motorist bodily injury$50,000 per person/$100,000 per accident
Comprehensive and collision$500 deductible

Minimum-coverage quotes include the minimum required liability limits in North Carolina.

ValuePenguin's analysis used insurance rate data from Quadrant Information Services. These rates were publicly sourced from insurer filings and should be used for comparative purposes only — your own quotes may be different.

Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It has not been previewed, commissioned or otherwise endorsed by any of our network partners.