Best cheap car insurance in Fayetteville

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Between 2017-2019, there were 26,681 car accidents reported in Fayetteville, North Carolina. Every driver in Fayetteville is required to carry car insurance in order to protect their financial responsibility in the event of a crash. The average annual full coverage car insurance premium in Fayetteville is $1,513 and the average annual minimum coverage premium is $528.

Drivers in Fayetteville have many different options for car insurance. We have researched several insurance companies to help you find the best car insurance for your needs, based on average rate, coverage options, discounts and third-party ratings.

Best car insurance companies in Fayetteville

Erie, Geico, Progressive and State Farm are among the best car insurance providers in Fayetteville. These companies have reasonable rates, good discounts and coverage options, great customer satisfaction ratings and impressive financial strength scores.

Insurance Company J.D. Power Score
(Southeast region)
Average Annual Premium for Minimum Coverage Average Annual Premium for Full Coverage
Erie 871/1,000 $464 $1,276
Geico 857 / 1,000 $286 $799
Progressive 848 / 1,000 $675 $1,897
State Farm 835 / 1,000 $435 $1,131

Quadrant Information Services, 2020

Erie

Erie’s car insurance policies are affordably priced, with an average full coverage premium of
$1,276 per year and an average minimum coverage premium of $464 per year. In addition to Erie’s below-average rates, Fayetteville drivers can get access to robust coverage options and great discounts.

Every car insurance policy from Erie comes standard with pet coverage, personal items coverage, glass repair coverage, roadside assistance and locksmith services. Plus, each policy includes a rate lock guarantee, diminishing deductible and first accident forgiveness.

Geico

Geico is a good option for Fayetteville drives because of its cheap car insurance rates. Geico’s average full coverage premium is $799 per year and the average minimum coverage policy is $286 per year. However, Geico’s car insurance coverage is relatively basic.

Drivers who want to save even more money can take advantage of Geico’s discounts. There are savings for good students, military personnel, federal employees, employer/membership groups, going on emergency deployment, having certain vehicle safety features and more.

Progressive

Progressive’s car insurance policies are more expensive than average in Fayetteville but come with numerous perks. With Progressive, drivers get access to a long list of coverage options, online resources and unique discounts, like the Snapshot safe driver reward program.

In addition, Progressive offers a number of endorsements, including gap insurance, custom parts coverage and rideshare insurance. There are discounts available for bundling your policies, paying your annual premium in full, being a good student, having continuous insurance, being a homeowner and more.

State Farm

State Farm’s car insurance policies are cheap, and many drivers can claim at least one discount to get an even lower premium. There are discounts for being accident-free, taking a defensive driving course, being a good student and having a vehicle with safety features.

State Farm is also one of the only insurance companies that has two safe driver discount programs, Drive Safe & Save for drivers over 25 and Steer Clear for young drivers under 25. However, State Farm policies are fairly basic, with few endorsements available.

Cheapest car insurance in Fayetteville

The average cost of car insurance in Fayetteville is more expensive than the statewide average rate in North Carolina, which is $1,308 annually for full coverage insurance and $396 annually for minimum coverage insurance. However, car insurance rates in North Carolina are cheaper than the United States national average of $1,738 per year for full coverage and $563 per year for minimum coverage.

Every car insurance company charges a different rate. The table below includes the cheapest car insurance in Fayetteville from the most popular carriers based on market share:

Insurance Company Average Annual Premium for Minimum Coverage Average Annual Premium for Full Coverage
Geico $286 $799
Nationwide $433 $1,496
State Farm $435 $1,131
Erie $464 $1,276
Allstate $546 $1,890

Before you choose a car insurance company, it is important to compare providers based on more than just price. Each company offers a different range of coverage options and discounts. Deciding which features are most important to you will help you determine which company best fits your needs.

Customer satisfaction is another important aspect to consider. When compared to the Southeast region average, Geico and Erie have above-average ratings for overall customer satisfaction in the 2020 J.D. Power U.S. Auto Insurance Study. Nationwide, Allstate and State Farm all rank below the region average. In terms of claims satisfaction, State Farm, Erie, Allstate and Nationwide are all ranked above-average, while Geico falls below the industry average.

Fayetteville insurance requirements

Car insurance in Fayetteville is a legal requirement for any driver who owns a vehicle that is registered in the state of North Carolina. The minimum insurance requirement is 30/60/25 in personal liability insurance, which includes the following coverages:

  • $30,000 in bodily injury coverage per person
  • $60,000 in bodily injury coverage per accident
  • $25,000 in property damage coverage per accident

Minimum coverage policies are often the cheapest option. However, opting for minimum coverage is not always the best way to get an affordable rate. There is no guarantee that minimum coverage insurance will cover the full cost of an accident, and any expenses not paid by insurance must be paid out of pocket. In addition, drivers who have a leased or financed vehicle are usually required to carry full coverage insurance until the loan is repaid.

Car insurance discounts in Fayetteville

Most car insurance companies in Fayetteville offer discounts to help drivers get a lower premium. Here are some of the most common car insurance discounts available in Fayetteville:

  • Claims-free discount: Drivers in Fayetteville who have no prior insurance claims on their record, or have no claims within the last few years, often qualify for savings.
  • Vehicle safety features discount: If your car has common safety features, like anti-lock brakes, an anti-theft device or lane departure alerts, you may qualify for a discount.
  • Defensive driving discount: Many insurance companies offer savings for drivers who complete an approved defensive driving or safe driver training class. Check with your insurance company for a full list of approved programs.
  • Pay in full discount: One of the easiest discounts to claim is the pay in full discount. If you pay your annual premium upfront and in full rather than in installments, you may save money.

Frequently asked questions

What is the best car insurance company?

The best car insurance company is different for everyone, as each driver has a unique set of circumstances. Some drivers are looking for the cheapest rate, some are looking for specific coverages and still others are looking for unique discounts. To find the best car insurance company, it is important to shop around, compare providers and get several quotes to see which company best fits your unique situation.

How much does car insurance in Fayetteville cost?

The average car insurance premium in Fayetteville is $1,513 per year for full coverage insurance and $528 per year for minimum coverage insurance. However, every driver in Fayetteville pays a different premium based on factors like age, credit score, claims history and the type of car they drive.

Methodology

Bankrate utilizes Quadrant Information Services to analyze rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on a 40-year-old male and female driver with a clean driving record, good credit and the following full coverage limits:

  • $100,000 bodily injury liability per person
  • $300,000 bodily injury liability per accident
  • $50,000 property damage liability per accident
  • $100,000 uninsured motorist bodily injury per person
  • $300,000 uninsured motorist bodily injury per accident
  • $500 collision deductible
  • $500 comprehensive deductible

To determine minimum coverage limits, Bankrate used minimum coverages that meet each state’s requirements. Our sample drivers own a 2018 Honda Accord, commute five days a week and drive 12,000 miles annually.

These are sample rates and should be used for comparative purposes only. Your quotes may be different.

Written by
Elizabeth Rivelli
Insurance Contributor
Elizabeth has two years of experience writing for insurance domains such as Bankrate.com, The Simple Dollar, Coverage.com and NextAdvisor, among others. In addition to auto insurance, Elizabeth regularly writes about home insurance, renters insurance and life insurance. She also covers industry trends and general insurance education.
Reviewed by
Insurance Editor