Find Cheap Auto Insurance Quotes in Your Area
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:
These three insurers offered average auto quotes of $355 per year, or $30 per month, in Raleigh — 43% cheaper than the local average.
Find Cheap Auto Insurance Quotes in Your Area
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
|Rank||Insurer||Car insurance quote|
|4||North Carolina Farm Bureau||$504|
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 code||Annual car insurance quote|
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:
- 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).
|Rank||Best auto insurance companies||Complaint Index|
|2||North Carolina Farm Bureau||0.57|
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.
|Type||North 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|
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.
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.