Cheapest car insurance companies in Apex 

State Farm and Erie Insurance have the cheapest car insurance premiums for Apex drivers in 2023, based on a data study by Insurance.com. 

State Farm is the cheapest option for most Apex drivers, with an average annual rate of $875

The cost of car insurance in Apex varies depending on your ZIP code, driving history, coverage level, and carrier. To maximize your chances of finding a great deal, it's recommended to compare quotes from multiple carriers.

Here’s a list of insurance companies offering affordable premiums to drivers in Apex.

CompaniesAverage annual rates
State Farm$875
Erie Insurance$1,000
North Carolina Farm Bureau$1,064
Nationwide$1,350
Geico$1,438
Penn National Insurance$1,620
Farmers$1,756
Progressive$1,756
UTICA Grp$1,929
Allstate$2,705

Cheapest car insurance cost in Apex by Age Group 

In Apex, State Farm is the cheapest car insurance company for teenagers, offering full coverage policies at $2,067 a year, on average. Teenagers often face higher car insurance rates due to statistical data indicating that they pose a greater risk on the roads. 

Teenagers can lower their insurance costs by strategically utilizing the good student discount or remaining listed as a driver on their parent's policy.

Among the carriers analyzed, Erie Insurance is the cheapest car insurance option for drivers in Apex, at $1,155 a year for a full coverage policy.

An analysis of car insurance rates for Apex drivers reveal a significant decrease in premiums for individuals in their 30s compared to those in their 20s. State Farm offers the cheapest full-coverage car insurance rates at $913 per year.

State Farm tops the list in terms of affordability for senior drivers in Apex. With an average annual premium of $932, State Farm offers senior drivers the cheapest car insurance rates, allowing them to enjoy peace of mind.

CompanyTeensYoung AdultsAdultsSeniors
State Farm$2,067$1,355$913$932
Erie Insurance$2,141$1,155$976$1,078
North Carolina Farm Bureau$2,332$1,161$1,028$1,078
Nationwide$3,122$1,931$1,345$1,273
Penn National Insurance$3,266$1,620$1,620$1,620
Farmers$3,535$1,756$1,756$1,756
Progressive$3,535$1,756$1,756$1,756
Geico$4,294$1,510$1,417$1,457
UTICA Grp$4,972$1,944$1,904$1,895
Allstate$6,212$3,526$2,616$2,329

Cheapest car insurance companies in Apex by driver profile 

Insurers in Apex consider various factors, including driver profile, to calculate car insurance premiums. You can expect to pay significantly higher rates if you have a history of accidents or traffic citations on your driving record. On the other hand, those with a clean driving record enjoy more affordable coverage.

It's important to compare insurance quotes from at least three carriers to find the cheapest insurance company in Apex that suits your budget. 

Here are some of the cheapest car insurance companies in Apex based on driver profile. 

Nationwide has the cheapest rates for Apex drivers with poor credit looking for affordable auto insurance. At an annual cost of $1,204, Nationwide offers substantial savings among the insurers analyzed.

The table below shows the list of car insurance companies that offer affordable car insurance for drivers with poor or bad credit scores. 

CompanyAverage annual rates
Nationwide$1,204
Geico$1,232
Progressive$1,552
State Farm$2,021
Allstate$3,332

State Farm has the cheapest car insurance premiums for drivers with speeding ticket violations on their records in Apex. Its full coverage car insurance policy costs an average of $1,361 per year for drivers aged 30. 

Finding the cheapest car insurance isn't a one-size-fits-all scenario. What may be the most cost-effective option for you might not be the same for someone else. That's why you should compare car insurance quotes from multiple carriers.

CompanyAverage annual premium
State Farm$1,361
Nationwide$1,435
Geico$1,792
Progressive$2,325
Allstate$2,873

If you've had an accident, State Farm might be your best bet for affordable auto insurance.

For Apex drivers with an at-fault accident, State Farm offers the cheapest average annual rate at $1,392. It's a great option if you're looking for affordable coverage that won't break the bank.

After an accident, your insurance rates are likely to go up. Finding a provider with competitive rates can help you minimize the financial impact.

CompanyAverage annual rates
State Farm$1,392
Nationwide$1,750
Progressive$2,373
Geico$2,409
Allstate$3,747

Among the carriers analyzed, State Farm offers the cheapest auto insurance premiums for drivers with a DUI in Apex. On average, its annual full coverage rate is $3,571, making it a significantly cheaper option than other insurance providers.

A DUI conviction can significantly affect your auto insurance rates. However, to keep your coverage rates low, it is important to compare quotes from various insurers before renewing or purchasing a new policy. Doing so ensures you get the most competitive rate for your situation.

CompanyAverage annual rates
State Farm$3,571
Nationwide$3,682
Geico$5,796
Progressive$5,928
Allstate$7,899

Average car insurance cost in Apex 

Full coverage car insurance in Apex for a coverage limit of 100/300/100 is $1,549 per year or $129 per month, while the state minimum coverage costs an average of $494 a year.

Full coverage car insurance may cost more than the state minimum, but it offers valuable protection beyond just covering damage to other drivers' vehicles. Unlike state minimum, full coverage includes damage to your vehicle in addition to liability coverage.

You can potentially lower your full coverage premium by comparing quotes from different carriers. It allows you to find the best coverage at a competitive price.

Average annual RatesState minimum average
$1,549$494

Methodology

Insurance.com commissioned 2023 data for the cheapest car insurance rates in cities from Quadrant Data Services for all 50 states and Washington D.C. Rates are based on the following profile:

  • 40-year-old male driver
  • Honda Accord LX
  • 12-mile daily commute, 10,000 annual miles
  • Good credit
  • Clean record

While the rates for drivers with poor credit, speeding tickets, DUI and at-fault accidents were sourced from the Auto Problems Report 2023.

Rates are based on coverage limits of:

  • $100,000 bodily injury per person
  • $300,000 bodily injury per accident
  • $100,000 property damage per accident
  • $500 comprehensive and collision deductible

Insurance.com analyzed rates from over 34,000 ZIP codes, 56 million quotes, and 136 companies. Based on the analysis, we have created lists of the cheapest companies for different driver profiles. USAA also made it to the list, but it offers services only to current and former military members and their families. Rates sourced from Quadrant Data Services for comparison purposes only; your rates may differ.

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