Compare Cheap Car Insurance Quotes in Raleigh, NC

Compare Cheap Car Insurance Quotes in Raleigh, NC

Find Cheap Auto Insurance Quotes in Your Area

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As the capital of North Carolina and second-largest city in the state, Raleigh is home to nearly half a million people. Many residents of Raleigh, and of the surrounding Research Triangle Park region including Durham and Chapel Hill, require auto insurance coverage.

In Raleigh, the average cost of a minimum coverage car insurance policy in $617 per year, or $51 per month. That's 14% more expensive than the North Carolina state average.

To help Raleigh drivers find cheap car insurance rates, we collected quotes from seven of North Carolina's largest insurers. For Raleigh residents seeking affordable auto insurance, we recommend GEICO, Progressive and Erie.

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

For inexpensive minimum coverage car insurance rates in Raleigh, North Carolina, we recommend looking at:

  • GEICO
  • Progressive
  • Erie

These three insurers offered average auto quotes of $355 per year, or $30 per month, in Raleigh — 43% cheaper than the local average.

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

Find Cheap Auto Insurance Quotes in Your Area

Currently insured?
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A good way to find cheap car insurance is to compare rates from a few insurers. Drivers in Raleigh would benefit from comparison shopping, as the most expensive local carrier costs more than six times as much as the cheapest.

Enter your ZIP code above to begin comparing auto insurance.

Cheapest minimum coverage car insurance quotes in Raleigh, NC

RankInsurerCar insurance quote
1GEICO$240
2Progressive$323
3Erie$502
4North Carolina Farm Bureau$504
5State Farm$568
6Nationwide$689
7Allstate$1,498

Minimum coverage policies only meet the minimum legal requirements in North Carolina and don't include comprehensive and collision coverage, which protects drivers against property damage to their vehicle, regardless of fault.

Although minimum coverage is typically less costly than full coverage, by opting for lower liability limits and not buying comprehensive and collision insurance on your policy, you risk having insufficient protection in the event of an accident.

On average, full and minimum coverage car insurance policies in North Carolina differ by $975 per year, or $81 per month.

Average cost of auto insurance in Raleigh, North Carolina, by neighborhood

The average cost of a minimum coverage auto policy in Raleigh is $617 per year, or $51 per month. In big cities like Raleigh, however, insurance rates can vary substantially depending on where you live.

Below we include a list of annual car insurance quotes in Raleigh by ZIP code.

The ZIP code with the cheapest car insurance was 27560, near the Raleigh–Durham airport, with an annual rate of $549. In comparison, the most expensive rates were in 27604, in the northeastern part of the city approaching downtown, at $699 per year. These ZIP codes differed by $150 annually.

ZIP codeAnnual car insurance quote
27513$560
27545$683
27560$549
27601$694
27603$619
27604$699
27605$578
27606$592
27607$564
27608$582
27609$683
27610$679
27612$579
27613$578
27614$598
27615$587
27616$677
27617$579
27695$599

Best auto insurers in Raleigh, North Carolina

The best car insurance companies in Raleigh, according to a measure of customer satisfaction known as the Complaint Index, are:

  • Nationwide
  • North Carolina Farm Bureau
  • State Farm

These three companies had the fewest complaints filed relative to their size.

The list below ranks North Carolina insurers 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 lower customer satisfaction compared to their local peers. Importantly, this shows that the companies providing the cheapest car insurance rates are not necessarily the best for service quality.

The list above cites the Complaint Index, which compares the number of complaints to the amount of premiums in dollars using data from the National Association of Insurance Commissioners (NAIC).

Minimum auto insurance requirements in Raleigh, North Carolina

Raleigh residents must follow North Carolina's legal minimum state requirements for car insurance.

North Carolina requires minimum limits of both bodily injury liability and property damage liability coverages, as well as uninsured and underinsured motorist coverage.

TypeNorth Carolina minimum requirements
Bodily injury liability$30,000 per person / up to $60,000 per accident
Property damage liability$25,000 per accident
Uninsured / underinsured motorist bodily injury$30,000 per person / 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.

While your policy may meet North Carolina's minimum requirements, it may not be sufficient to protect you in a costly accident. We recommend that all Raleigh drivers consider purchasing higher coverage limits and comprehensive and collision insurance, particularly if drivers have a high net worth and their vehicle is worth more than $2,000 dollars.

Methodology

We collected quotes from several insurers in Raleigh, 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.

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.