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North Carolina has one of the cheapest car insurance rates in the country, according to the Insurance Information Institute. But car accidents are on the rise in North Carolina year to year, making good car insurance coverage essential.

If you’re one of the 6.8 million licensed drivers in North Carolina, you’ll want to make sure you have the best NC auto insurance for your needs. Knowing how much auto insurance to buy requires a little research, to make sure you’re not “insurance poor” if you have an accident.

Best car insurance companies in North Carolina

Even if you’re currently insured, it doesn’t hurt to get current quotes from North Carolina auto insurance companies. These companies earned the highest customer satisfaction ratings, according to a study by J.D. Power:

  • Alfa Insurance – Rated as a 4 out of 5 overall, they score well across the board with customers except in policy offerings, where they earned an average score of three.
  • Auto Owners InsuranceLow price is what bumps Auto Owners Insurance up to a 4 out of 5 in customer satisfaction ratings.
  • Erie InsuranceErie Insurance is the highest-rated of the insurers for North Carolina with a 4 out of 5. Customers gave them perfect marks for interaction with the company and good experiences during the accident claims process.
  • North Carolina Farm Bureau – They might have an average score for billing options and policy offerings, but customers appreciate their overall good service and give them a 4 out of 5.
  • State Farm – The company earned a 4 out of 5 although State Farm may not have the most competitive prices.

Finding the right cheap car insurance in North Carolina for you

North Carolina auto insurance is cheaper than most states, but prices jump up if you’re young or have past accidents on your driving record. That’s why it’s important to compare insurance providers to get the best deal.

Cheapest auto insurance for good drivers

Good drivers have the best chance of getting the cheapest NC auto insurance rates. Erie Insurance and Auto Owners Insurance offer some of the lowest rates.

Cheapest auto insurance for students

State Farm and Alfa Insurance offer good discounts for students, edging out competitors. Alfa Insurance offers youth discounts for drivers up to the age of 24. State Farm claims: “You can save up to 25% just for getting good grades. And the savings last after you graduate from college, until you turn 25.”

Cheapest auto insurance for people with low credit

If you have a low credit score, it can affect your NC auto insurance rates. Insurers claim that drivers with poor credit are more likely to file claims or not pay their premiums. North Carolina Farm Bureau has one of the cheapest premiums for drivers with low credit scores.

Cheapest auto insurance for people with accidents

North Carolina Farm Bureau and State Farm offer cheaper rates to drivers with previous accidents or tickets, compared to other North Carolina auto insurance companies.

Average car insurance cost in North Carolina

NC auto insurance rates are one of the cheapest in the country. The state ranks at the bottom of the list as #46 in average car insurance expenditures ($655) in an Insurance Information Institute study. The Zebra breaks down average North Carolina auto insurance prices further:

Average insurance cost for state minimum insurance requirement Average cost for drivers with low credit Average cost for drivers with accidents or a poor driving record
$428 $1,006 As high as $1,658

Auto insurance discounts in North Carolina

Not researching what types of North Carolina auto insurance discounts are available is like leaving money on the table. Here’s a quick look at how you can save more:

Alfa Insurance Auto Owners Insurance Erie Insurance North Carolina Farm Bureau State Farm
Anti-Theft
Equipment
x x x x
Automatic Payments x x
Hybrid and
Alternative Fuel Cars
x
Good Driving
History
x x x x x
Good Student x x x x x
Multi-Policy x x x x x
Vehicle Safety
Equipment
x x x x x

State minimum insurance requirements in North Carolina

It’s mandatory to have liability insurance that pays for property damage and injuries to others if you cause a crash. The state’s minimum coverage amounts are known as 30/60/25:

  • $30,000 bodily injury liability coverage per person and $60,000 bodily injury liability coverage per accident.
  • $25,000 property damage liability coverage per accident.

Frequently asked questions

What is considered full coverage in North Carolina?

Having a liability insurance policy that covers a minimum of $30,000 in bodily injury, $60,000 bodily injury per accident and $25,000 property damage liability coverage per accident is considered fully covered in North Carolina.

But if you own your home and have other assets, these minimum amounts may not fully cover you in case of an accident. Because you’d be personally liable for any damages above those limits, it’s recommended to increase the amounts of your liability insurance.

What do you need to get car insurance in NC?

You’ll need:

  • Vehicle information like the VIN on the windshield of your car
  • Your driver’s license information
  • Home address
  • Social security number
  • Banking information for premium payments

What are the North Carolina auto insurance requirements?

Liability insurance that pays for property damage and injuries to others if you cause a crash is mandatory. The state’s minimum coverage amounts are:

  • $30,000 bodily injury liability coverage per person and $60,000 bodily injury liability coverage per accident.
  • $25,000 property damage liability coverage per accident.