The North Carolina Car Insurance Calculator can help you calculate how much car insurance coverage you require based on factors like location, age and driving history. Furthermore, you can compare quotes from top insurers and find those offering suitable rates suited for your situation.
Costs for car insurance vary dramatically in North Carolina based on zip code and other factors, making it important to shop around for the best rate. Your location and average age of drivers in your area will also have an effect on what you pay; residents in dense urban areas such as Raleigh or Charlotte may face higher insurance costs due to theft risk and accidents than those living in more rural regions.
Speeding tickets will significantly raise your car insurance rates, costing an average of $1,922 annually with full coverage policies. Drivers charged with DUI (driving under the influence) could see their premium increase by as much as 311%!
Younger drivers typically pay higher premiums for car insurance due to their greater risk of accidents and subsequent claims filing, yet it is possible to find cheaper rates by shopping around and choosing a company offering reduced premiums to younger drivers.
WalletHub conducted extensive analysis on car insurance providers to determine the cheapest options for different drivers in North Carolina. Based on data provided by both DMV and Quadrant Information Services, it ranked these cheapest providers and then created 40 driver profiles using those factors while comparing premiums across 37 zip codes within North Carolina.
Minimum Car Insurance Requirements in North Carolina
In North Carolina, liability insurance must cover other people’s property damage and bodily injuries in an accident, while also protecting you against damage caused by uninsured drivers who hit-and-run. Uninsured motorist coverage also helps provide some security against hit-and-run drivers.
Liability coverage should be purchased as an add-on to both collision and comprehensive policies, in order to cover damages to other drivers resulting from an accident. While your collision and comprehensive policies cover your car in such an instance, liability coverage will cover those of third parties involved as well.
Finding the appropriate North Carolina car insurance can provide peace of mind in case of an accident, yet selecting a policy tailored specifically to your needs and budget is key.
If you own a newer model car, a usage-based policy could provide substantial savings by offering reduced premiums if your mileage drops below what was recommended. Furthermore, higher deductibles or decreased coverage limits may help save money as well.
Your driving history is one of the primary considerations car insurance companies use when setting rates. Your severity of infractions, company you work for and frequency of traffic stops all have an effect on premiums.
Good drivers tend to find cheaper auto insurance in North Carolina. On average, safe drivers typically pay roughly half as much than average North Carolinians for coverage.