Kemper Insurance offers the cheapest auto insurance rates in North Carolina at $961 a year or $80 monthly, on average. That’s below the average North Carolina car insurance rate of $1,324 a year.
Cheap isn’t everything, and an Insurance.com analysis of rates, complaints, and financial stability found Geico to be the best insurance company in North Carolina.
Many factors go into your insurance premium. Insurance companies use your driving record, the type of car you drive and the coverage you select to determine your car insurance rates.
Read on to compare North Carolina insurance rates by company, age and more.
Key takeaways
- Geico is the best car insurance company in North Carolina overall, with below-average rates and a low complaint ratio.
- Kemper Insurance is the cheapest car insurance company in North Carolina at $961 per year.
- Erie Insurance has the cheapest rates for teen drivers in North Carolina.
- Average cost of car insurance in North Carolina
- Best car insurance companies in North Carolina
- Cheapest car insurance companies in North Carolina
- Cheapest car insurance cost in North Carolina by age
- Cheapest car insurance companies in North Carolina by driver profile
- Compare auto insurance rates by city in North Carolina
- Compare auto insurance rates with other states
- Methodology
Average cost of car insurance in North Carolina
The average car insurance rate in North Carolina is $1,324 a year for a full coverage policy with a coverage level of 100/300/100 for a driver age 40, according to a rate analysis by Insurance.com. For the state minimum coverage, the average annual cost in North Carolina is $385.
Best car insurance companies in North Carolina
Geico is the best car insurance company in North Carolina, based on a 2023 analysis by Insurance.com, with an overall rating of 4.86. Erie Insurance is the second-best auto insurance company in North Carolina with an overall rating of 4.55.
Below is a full list of the top North Carolina insurance companies based on price, NAIC complaint ratio, and AM Best financial ratings. The total Insurance.com score is calculated out of five using these factors.
Insurance company | AM Best | Average annual rate | NAIC Complaint ratio | Insurance.com score |
---|---|---|---|---|
Geico | A++ | $ 1,035 | 0.77 | 4.86 |
Erie Insurance | A+ | $ 1,013 | 0.95 | 4.55 |
Nationwide | A+ | $ 1,132 | 0.66 | 4.46 |
State Farm | A++ | $ 1,199 | 0.52 | 4.41 |
Progressive | A+ | $ 1,782 | 0.73 | 3.65 |
National General Insurance | A+ | $ 1,473 | 4.14 | 3.33 |
Allstate | A+ | $ 2,106 | 0.95 | 3.21 |
Cheapest car insurance companies in North Carolina
Don't just go with the first insurer you come across. Comparison shopping is the key when it comes to finding the best deal on auto insurance. Get quotes from several different insurers and compare their rates. You may be surprised at how much difference there can be in rates from one company to another.
We have gathered price quotes from all the major insurance providers in North Carolina and put together a list of the cheapest car insurance companies. Based on a rate analysis by Insurance.com, Kemper Insurance is the cheapest auto insurance company in North Carolina, with average rates of $961 annually or $80 a month for full coverage.
Company | State minimum | 50/100/50 liability only | 100/300/100 liability with $500 comp/coll deductible |
---|---|---|---|
Kemper Insurance | $ 409 | $ 454 | $ 961 |
Erie Insurance | $ 309 | $ 343 | $ 1,013 |
Geico | $ 340 | $ 354 | $ 1,035 |
Nationwide | $ 270 | $ 299 | $ 1,132 |
State Farm | $ 347 | $ 388 | $ 1,199 |
North Carolina Farm Bureau | $ 353 | $ 395 | $ 1,218 |
National General Insurance | $ 415 | $ 445 | $ 1,473 |
Progressive | $ 503 | $ 557 | $ 1,782 |
Allstate | $ 521 | $ 578 | $ 2,106 |
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Cheapest car insurance cost in North Carolina by age
In North Carolina, car insurance rates are higher for teenagers as they are more prone to accidents due to their lack of experience on the road.
Erie Insurance offers the cheapest car insurance for teen drivers in North Carolina at $2,111 per year for a full coverage policy.
Car insurance rates will decrease as teens age and keep a good driving record. Car insurance rates for adults 25+ and seniors 60+ are lower than those for teens and young adults.
In North Carolina, Kemper Insurance offers the cheapest full coverage car insurance for adult drivers (25-55 year-olds) at $961 per year, and Geico offers the cheapest full coverage insurance for senior drivers (60-75 year-olds) at $1,015 per year.
Age (group) | Company Group | Avg. Annual Premium |
---|---|---|
Teens (16-19) | Erie Insurance | $ 2,111 |
Teens (16-19) | State Farm | $ 2,163 |
Teens (16-19) | Nationwide | $ 2,233 |
Teens (16-19) | North Carolina Farm Bureau | $ 2,483 |
Teens (16-19) | National General Insurance | $ 2,652 |
Teens (16-19) | Kemper Insurance | $ 2,719 |
Teens (16-19) | Geico | $ 2,963 |
Teens (16-19) | Progressive | $ 3,502 |
Teens (16-19) | Allstate | $ 4,800 |
Young Adults (20-24) | Geico | $ 1,082 |
Young Adults (20-24) | Kemper Insurance | $ 1,134 |
Young Adults (20-24) | Erie Insurance | $ 1,170 |
Young Adults (20-24) | North Carolina Farm Bureau | $ 1,273 |
Young Adults (20-24) | National General Insurance | $ 1,474 |
Young Adults (20-24) | Nationwide | $ 1,577 |
Young Adults (20-24) | Progressive | $ 1,782 |
Young Adults (20-24) | State Farm | $ 1,916 |
Young Adults (20-24) | Allstate | $ 2,752 |
Adults (25-55) | Kemper Insurance | $ 961 |
Adults (25-55) | Erie Insurance | $ 996 |
Adults (25-55) | Geico | $ 1,022 |
Adults (25-55) | Nationwide | $ 1,130 |
Adults (25-55) | North Carolina Farm Bureau | $ 1,203 |
Adults (25-55) | State Farm | $ 1,277 |
Adults (25-55) | National General Insurance | $ 1,473 |
Adults (25-55) | Progressive | $ 1,782 |
Adults (25-55) | Allstate | $ 2,078 |
Seniors (60-75) | Geico | $ 1,015 |
Seniors (60-75) | Nationwide | $ 1,016 |
Seniors (60-75) | Erie Insurance | $ 1,051 |
Seniors (60-75) | Kemper Insurance | $ 1,138 |
Seniors (60-75) | North Carolina Farm Bureau | $ 1,201 |
Seniors (60-75) | State Farm | $ 1,243 |
Seniors (60-75) | National General Insurance | $ 1,476 |
Seniors (60-75) | Progressive | $ 1,782 |
Seniors (60-75) | Allstate | $ 1,793 |
Cheapest car insurance companies in North Carolina by driver profile
Drivers who have accidents or tickets are considered a higher risk and will pay more.
However, the severity and frequency of the incidents also affect your insurance rates. For instance, drivers with a single minor accident will see a smaller increase in their rates compared to those with multiple major accidents.
Below are average North Carolina rates by company for drivers with accidents and tickets on their driving record.
Company | Clean record | Accident | Ticket |
---|---|---|---|
Geico | $ 1,034 | $ 2,722 | $ 1,888 |
Kemper | $ 1,071 | $ 1,699 | $ 1,765 |
Erie | $ 1,075 | $ 1,719 | $ 1,603 |
Nationwide | $ 1,135 | $ 1,944 | $ 1,535 |
State Farm | $ 1,251 | $ 1,884 | $ 1,688 |
North Carolina Farm Bureau | $ 1,265 | $ 1,828 | $ 1,705 |
National General | $ 1,539 | $ 2,192 | $ 1,902 |
Progressive | $ 1,860 | $ 2,716 | $ 2,529 |
Allstate | $ 2,339 | $ 4,431 | $ 3,229 |
Compare auto insurance rates by city in North Carolina
Auto insurance rates in your city can vary significantly due to factors such as population density, increased instances of auto theft or accidents, and a few other factors. It's best to compare quotes from various insurance providers and consider these local factors to find the most competitive rates for your specific city in North Carolina.
City | Annual insurance premium |
---|---|
Apex | $1,139 |
Bessemer City | $1,479 |
Browns Summit | $1,220 |
Charlotte | $1,475 |
Cornelius | $1,240 |
Durham | $1,287 |
Fayetteville | $1,511 |
Garysburg | $1,464 |
Holly Springs | $1,144 |
Kill Devil Hills | $1,233 |
Raleigh | $1,278 |
Stanley | $1,248 |
Compare auto insurance rates with other states
Methodology
Insurance.com commissioned Quadrant Information Services in 2022 to field rates from up to six major insurers in every state across most ZIP codes. Driver profile: male, age 40, driving 2021 Honda Accord LX with full coverage of 100/300/100 with comprehensive and collision; $500 deductible.
The car insurance rates for drivers with accidents and tickets are averaged based on rates for the following accidents and tickets:
Accidents:
- 1 at-fault property damage accident over $2k
- 1 at-fault property damage accident under $2k
- At-fault bodily injury accident
- Single vehicle accident
Tickets:
- Distracted driving ticket
- Speeding ticket 1- 10 MPH over limit
- Speeding ticket 11- 29 MPH over limit
- Talking on cellphone ticket
- Texting ticket
Insurance.com analyzed rates from more than 34,000 ZIP codes, 56 million quotes, and 136 companies. Rates sourced from Quadrant Data Services are for comparison purposes only; your rates may differ.