Cheap Car Insurance Quotes: Charlotte, NC

Find Cheap Auto Insurance Quotes in Your Area

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As the most populous city in North Carolina, Charlotte and its surrounding metropolitan area are home to almost 3 million people, many of whom need car insurance. The average cost of car insurance for a minimum coverage policy in Charlotte is $736 per year, or $61 per month.

To help Charlotte drivers find the cheapest auto insurance quotes, we surveyed seven of North Carolina's largest insurance companies and compared them to identify the best rates. For drivers seeking cheap auto insurance in Charlotte, NC, we recommend GEICO, Progressive and Erie.

Who has the cheapest car insurance in Charlotte, North Carolina?

The cheapest minimum coverage car insurance rates in Charlotte, North Carolina, are offered by:

  • GEICO
  • Progressive
  • Erie

These three insurers offered auto quotes that were 44% cheaper than the Charlotte average of $736 per year.

In this graph, we show the companies that had the cheapest car insurance rates in Charlotte, North Carolina
In this graph, we show the companies that had the cheapest car insurance rates in Charlotte

Find Cheap Auto Insurance Quotes in Your Area

Currently insured?
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The rates above reflect quotes for a 30-year-old male driver of a 2015 Honda Civic EX. Your actual quotes will differ depending on your driver profile, place of residency and coverage.

The best way to find cheap car insurance is to compare rates from several insurers. Comparison shopping is especially important in Charlotte where the most expensive insurer in our study cost nearly seven times the price of the most affordable carrier.

Enter your ZIP code above to start comparing auto insurance quotes.

Charlotte minimum coverage car insurance quotes by insurer

RankInsurerCar insurance quote
1GEICO$266
2Progressive$417
3Erie$564
4North Carolina Farm Bureau$588
5State Farm$743
6Nationwide$752
7Allstate$1,824

Minimum coverage just meets North Carolina's minimum state legal requirements and doesn't include comprehensive and collision insurance, which covers damage to a driver's vehicle, regardless of fault.

Minimum coverage is more affordable than full coverage, but a lack of comprehensive and collision coverage and lower liability coverage limits on your policy risks insufficient protection following an accident.

The average price difference between full and minimum coverage car insurance in North Carolina is $975 per year, or $81 per month, on average.

Cheapest full coverage auto insurance quotes in Charlotte

The cheapest full coverage car insurance policies in Charlotte, North Carolina, are offered by:

  • GEICO:
  • Progressive
  • Erie

We typically recommend that all drivers consider purchasing full coverage car insurance to make sure they are adequately protected in the event of a costly accident.

Charlotte full coverage car insurance quotes by insurer

RankInsurerCar insurance quote
1GEICO$572
2Progressive$896
3Erie$1,304
4North Carolina Farm Bureau$1,360
5State Farm$1,555
6Nationwide$2,339
7Allstate$3,949

The average cost of car insurance in Charlotte, North Carolina, by neighborhood

The average cost of auto insurance for a minimum coverage policy in Charlotte is $736 per year, or $61 per month. However, in large cities like Charlotte, average car insurance rates can vary depending on where you live.

Below we include a list of annual car insurance quotes by ZIP code in Charlotte, NC. The ZIP code with the cheapest car insurance in Charlotte was 28269, in the northern part of the city, with an annual rate of $600. For comparison, the most expensive quotes were in 28205, closer to downtown, at $896 per year.

ZIP codeAnnual car insurance quote
28269$600
28211$663
28226$667
28270$670
28277$679
28210$681
28214$685
28273$691
28278$693
28203$694
28209$696
28207$697
28227$697
28202$698
28204$698
28105$710
28287$711
28274$712
28244$714
28246$714
28280$714
28281$714
28282$714
28284$714
28285$714
28216$846
28254$847
28262$861
28215$867
28217$877
28213$879
28208$886
28206$891
28212$894
28205$896

Best car insurance companies in Charlotte, North Carolina

The best auto insurance companies in Charlotte, according to the Complaint Index, a measure of customer satisfaction, are:

  • Nationwide
  • North Carolina Farm Bureau
  • State Farm

These top insurers had the fewest complaints filed relative to their market share.

The list below ranks North Carolina insurance companies from the lowest (best) Complaint Index to highest (worst).

RankBest auto insurance companiesComplaint Index
1Nationwide0.36
2North Carolina Farm Bureau0.57
3State Farm0.57
4Allstate0.63
5GEICO0.72
6Progressive0.79
7Erie0.79

Erie, Progressive and GEICO received the most complaints relative to expectations, suggesting weaker customer reviews. Accordingly, the companies that provide the most affordable car insurance quotes in Charlotte may not be the best for service quality.

To determine which companies were the best rated, we identified the complaint index that compares the number of complaints to the amount of premiums in dollars using data from the National Association of Insurance Commissioners (NAIC).

How to buy car insurance in Charlotte, North Carolina

Many insurers, such as GEICO and Progressive, permit customers to shop for and buy policies directly online through their websites.

Other carriers, like Allstate and State Farm for example, typically leverage a large team of insurance agents and brokers to cultivate relationships directly with customers, thereby requiring policy purchases to be made in person. If you'd like to buy an auto policy from one of these carriers, search for local car insurance agents or brokers in Charlotte, NC.

Minimum car insurance requirements in Charlotte, North Carolina

Drivers in Charlotte need to adhere to North Carolina's minimum legal requirements for auto insurance. Specifically, North Carolina requires minimum limits of bodily injury liability, property damage liability and uninsured motorist coverage.

TypeNorth Carolina minimum requirements
Bodily injury liability$30,000 per person, and up to $60,000 per accident
Property damage liability$25,000 per accident
Uninsured / underinsured motorist bodily injury$30,000 per person, and up to $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 levels are raised beyond minimum limits, the law requires that both uninsured and underinsured motorist coverage are bundled together on drivers' policies.

Although your car insurance policy may meet North Carolina's minimum coverage requirements, it may not be the policy best suited to your needs.

We recommend that all Charlotte drivers consider higher coverage limits, as minimum coverage may not be enough to fully cover damages in a costly accident.

Methodology

We collected sample quotes from several insurance companies in Charlotte, North Carolina. Our sample driver was a 30-year-old male that drove a 2015 Honda Civic EX.

We kept all variables for acquiring car insurance coverage constant: single, a fair credit score and a clean driving record. The only parameter that varied was ZIP code.

Coverage limits in the full coverage auto insurance policy are listed below. These limits are higher than the minimum car insurance requirements in North Carolina. We also added comprehensive and collision insurance coverage, which is not required by state law.

Coverage typeStudy limits
Bodily liability$50,000 per person/ $100,000 per accident
Property damage$25,000 per accident
Uninsured/underinsured motorist BI$50,000 per person/ $100,000 per accident
Comprehensive & collision$500 deductible
Personal injury protection (PIP)$50,000

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.

Michael Hoffmann is a Senior Research Analyst focused on insurance. He was previously a Technology Editor at The Economist Intelligence Unit and has had prior roles as an ETF and Equity Analyst focused on emerging technologies like artificial intelligence, cybersecurity and cloud computing.

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.