Cheapest Car Insurance in North Carolina (Compare Rates For 2022)

Cheapest Car Insurance in North Carolina.

The state of North Carolina ranks fairly low when it comes to car insurance prices in the United States. This is why you need to find the cheapest car insurance in North Carolina if you stick to a budget.

We compared and analyzed cheap auto insurance for minimum coverage, full coverage, drivers with a speeding ticket, DUI, and an accident.

Below, you will also find rates for NC drivers with poor credit.

Additionally, we also compared the cheapest auto insurance options for North Carolina drivers aged 20, 22, 25, and 30.

Overview of the Cheapest Car Insurance in North Carolina

Cheapest Full Coverage: Nationwide also offers the cheapest full coverage car insurance at $427 a year or $35.58 a month.

For Minimum Coverage: Nationwide offers cheap auto insurance for minimum coverage at $385 annually or $32.08 a month.

Cheapest For Drivers With Poor Credit: If you have poor credit, Nationwide is the cheapest option for auto insurance. Getting Nationwide insurance will cost you $542 a year or $45.17 per month.

For Drivers With a Speeding Ticket: Nationwide offers the lowest priced auto insurance at $634 a year or $52.83 a month.

Cheapest For Drivers With a DUI: Drivers with a DUI will pay $1713 annually or $142.75 a month with Nationwide.

For Drivers With One At-Fault Accident: Nationwide is the best option for drivers with one at-fault accident. Going with Nationwide will cost you $734 a year or $61.17 per month.

We removed USAA from these North Carolina insurance choices due to USAA only being available to those currently or previously involved with the military.

Cheapest Full Coverage Car Insurance in North Carolina

These are the rates you can expect in North Carolina if you want to be fully covered when driving:

Insurance CompanyAnnual RateMonthly Rate
Nationwide$427$35.58
State Farm$507$42.25
Erie$539$44.92
North Carolina Farm Bureau$555$46.25
GEICO$596$49.67

Cheapest Minimum Coverage Car Insurance in North Carolina

If you want the bare minimum coverage in North Carolina, these are the lowest rates:

Insurance CompanyAnnual RateMonthly Rate
Nationwide$385$32.08
State Farm$456$38.00
Erie$489$40.75
North Carolina Farm Bureau$498$41.50
GEICO$546$45.50

Cheapest Auto Insurance For North Carolina Drivers With Poor Credit

If you’re located in North Carolina and have poor credit, these are your options for cheap car insurance:

Insurance CompanyAnnual RateMonthly Rate
Nationwide$542$45.17
State Farm$644$53.67
Erie$685$57.08
North Carolina Farm Bureau$704$58.67
GEICO$756$63.00

Cheap Car Insurance in North Carolina For Drivers With Previous Accidents

Accidents will likely result in your monthly insurance costs increasing. Getting in an accident in NC may include; speeding tickets, at-fault accidents, or DUIs.

Cheapest North Carolina Car Insurance With a Speeding Ticket

Here are the cheapest car insurance in NC for a driver with a speeding ticket.

Insurance CompanyAnnual RateMonthly Rate
Nationwide$634$52.83
State Farm$764$63.67
North Carolina Farm Bureau$806$67.17
MetLife$812$67.67
Erie$827$68.92

Cheap North Carolina Car Insurance With a DUI

These insurance companies each have cheap annual rates for NC drivers with a DUI.

Insurance CompanyAnnual RateMonthly Rate
Nationwide$1,713$142.75
State Farm$2,033$169.42
North Carolina Farm Bureau$2,111$175.92
Erie$2,188$182.33
Travelers$2,821$235.08

Cheap North Carolina Auto Insurance With One At-Fault Accident

These are the cheapest options when it comes to car insurance for NC drivers with one at-fault accident.

Insurance CompanyAnnual RateMonthly Rate
Nationwide$734$61.17
State Farm$764$63.67
North Carolina Farm Bureau$806$67.17
Erie$827$68.92
GEICO$877$73.08

Related: Cheapest Car Insurance in Michigan

Cheapest Car Insurance For 20-Year-Old Drivers in North Carolina

Younger drivers typically have to deal with higher insurance costs. This is especially true for 20-year-olds in NC.

Cheapest Full Coverage Car Insurance For 20-Year-Old North Carolina Drivers

These companies have the cheapest full coverage auto insurance for 20-year-olds in NC.

Insurance CompanyAnnual RateMonthly Rate
Nationwide$572$47.67
State Farm$680$56.67
Erie$723$60.25
North Carolina Farm Bureau$743$61.92
GEICO$798$66.50

Cheapest Minimum Coverage Car Insurance in North Carolina For 20-Year-Old Drivers

The cheapest minimum coverage auto insurance for 20-year-olds are these companies in NC.

Insurance CompanyAnnual RateMonthly Rate
Nationwide$515$42.92
State Farm$611$50.92
Erie$656$54.67
North Carolina Farm Bureau$668$55.67
GEICO$731$60.92

Cheap Auto Insurance For 20-Year-Old North Carolina Drivers With Poor Credit

Here are the lowest annual and monthly rates for 20-year-old NC drivers with poor credit:

Insurance CompanyAnnual RateMonthly Rate
Nationwide$726$60.50
State Farm$863$71.92
Erie$917$76.42
North Carolina Farm Bureau$943$78.58
GEICO$1,012$84.33

Cheap Car Insurance For 20-Year-Old North Carolina Drivers With a Speeding Ticket

These insurers have the least expensive car insurance for 20-year-old NC drivers with a speeding ticket.

Insurance CompanyAnnual RateMonthly Rate
Nationwide$849$70.75
State Farm$1,024$85.33
North Carolina Farm Bureau$1,081$90.08
MetLife$1,087$90.58
Erie$1,108$92.33

Cheap Auto Insurance in North Carolina For 20-Year-Old Drivers With a DUI

Here are the cheapest car insurance prices for 20-year-olds with a DUI:

Insurance CompanyAnnual RateMonthly Rate
Nationwide$2,295$191.25
State Farm$2,725$227.08
North Carolina Farm Bureau$2,829$235.75
Erie$2,932$244.33
Travelers$3,780$315.00

Cheap Car Insurance in North Carolina For 20-Year-Old Drivers With One At-Fault Accident

Here are the least expensive car insurance monthly and annual costs for 20-year-old drivers in NC with one at-fault accident:

Insurance CompanyAnnual RateMonthly Rate
Nationwide$983$81.92
State Farm$1,024$85.33
North Carolina Farm Bureau$1,081$90.08
Erie$1,108$92.33
GEICO$1,175$97.92

Cheapest Car Insurance For 22-Year-Old Drivers in North Carolina

A 22-year-old NC driver usually won’t be paying as much for their auto insurance compared to 18-year-olds or 20-year-olds. However, a 22-year-old in NC also won’t have the discounted car insurance price older individuals have.

Cheapest Full Coverage Car Insurance For 22-Year-Old North Carolina Drivers

The lowest cost full coverage auto insurance for 22-year-olds in NC are these companies:

Insurance CompanyAnnual RateMonthly Rate
Nationwide$495$41.25
State Farm$589$49.08
Erie$626$52.17
North Carolina Farm Bureau$643$53.58
GEICO$691$57.58

Cheapest Minimum Coverage Car Insurance in North Carolina For 22-Year-Old Drivers

When it comes to cheap minimum coverage auto insurance in NC for 22-year-olds, these are the best companies to use:

Insurance CompanyAnnual RateMonthly Rate
Nationwide$446$37.17
State Farm$529$44.08
Erie$568$47.33
North Carolina Farm Bureau$578$48.17
GEICO$633$52.75

Cheap Auto Insurance For 22-Year-Old North Carolina Drivers With Poor Credit

Here are the cheapest yearly and monthly auto insurance rates for 22-year-old NC drivers with poor credit:

Insurance CompanyAnnual RateMonthly Rate
Nationwide$627$52.25
State Farm$746$62.17
Erie$793$66.08
North Carolina Farm Bureau$815$67.92
GEICO$875$72.92

Cheap Car Insurance For 22-Year-Old North Carolina Drivers With a Speeding Ticket

These insurers have the cheapest expensive car insurance for 22-year-old NC drivers with a speeding ticket:

Insurance CompanyAnnual RateMonthly Rate
Nationwide$735$61.25
State Farm$887$73.92
North Carolina Farm Bureau$935$77.92
MetLife$941$78.42
Erie$959$79.92

Cheap Auto Insurance in North Carolina For 22-Year-Old Drivers With a DUI

These are the least expensive car insurance prices for 22-year-olds with a DUI:

Insurance CompanyAnnual RateMonthly Rate
Nationwide$1,987$165.58
State Farm$2,359$196.58
North Carolina Farm Bureau$2,449$204.08
Erie$2,538$211.50
Travelers$3,272$272.67

Cheap Car Insurance in North Carolina For 22-Year-Old Drivers With One At-Fault Accident

These insurance companies offer cheap annual and monthly car insurance for 22-year-olds in NC with an accident:

Insurance CompanyAnnual RateMonthly Rate
Nationwide$851$70.92
State Farm$887$73.92
North Carolina Farm Bureau$935$77.92
Erie$959$79.92
GEICO$1,017$84.75

Cheapest Car Insurance For 25-Year-Old Drivers in North Carolina

25 is the age when NC auto insurance premiums start to decline quicker. This means living in North Carolina, you get to save more money on car insurance.

Cheapest Full Coverage Car Insurance For 25-Year-Old North Carolina Drivers

Here are the cheapest options for full coverage auto insurance for 25-year-olds in NC:

Insurance CompanyAnnual RateMonthly Rate
Nationwide$465$38.75
State Farm$553$46.08
Erie$588$49.00
North Carolina Farm Bureau$605$50.42
GEICO$649$54.08

Cheapest Minimum Coverage Car Insurance in North Carolina For 25-Year-Old Drivers

These auto insurers have the cheapest minimum coverage car insurance for NC 25-year-olds:

Insurance CompanyAnnual RateMonthly Rate
Nationwide$419$34.92
State Farm$497$41.42
Erie$534$44.50
North Carolina Farm Bureau$543$45.25
GEICO$595$49.58

Cheap Auto Insurance For 25-Year-Old North Carolina Drivers With Poor Credit

25-year-old drivers with poor credit can use these companies for the lowest annual and monthly rates.

Insurance CompanyAnnual RateMonthly Rate
Nationwide$589$49.08
State Farm$700$58.33
Erie$744$62.00
North Carolina Farm Bureau$765$63.75
GEICO$822$68.50

Cheap Car Insurance For 25-Year-Old North Carolina Drivers With a Speeding Ticket

Here are the least expensive auto insurance options for 25-year-old NC drivers with a speeding ticket:

Insurance CompanyAnnual RateMonthly Rate
Nationwide$691$57.58
State Farm$833$69.42
North Carolina Farm Bureau$879$73.25
MetLife$885$73.75
Erie$901$75.08

Cheap Auto Insurance in North Carolina For 25-Year-Old Drivers With a DUI

25-year-olds with a DUI have these options for cheap car insurance:

Insurance CompanyAnnual RateMonthly Rate
Nationwide$1,867$155.58
State Farm$2,216$184.67
North Carolina Farm Bureau$2,301$191.75
Erie$2,385$198.75
Travelers$3,074$256.17

Cheap Car Insurance in North Carolina For 25-Year-Old Drivers With One At-Fault Accident

These are the least expensive car insurance yearly and monthly costs for 25-year-old drivers in NC with one at-fault accident:

Insurance CompanyAnnual RateMonthly Rate
Nationwide$800$66.67
State Farm$833$69.42
North Carolina Farm Bureau$879$73.25
Erie$901$75.08
GEICO$956$79.67

Cheapest Car Insurance For 30-Year-Old Drivers in North Carolina

North Carolina auto insurance prices in your 30s will be even cheaper compared to your teenage years and early to mid-20s.

Cheapest Full Coverage Car Insurance For 30-Year-Old North Carolina Drivers

Here are the cheapest car insurance options for 30-year-olds in NC that want to be fully covered:

Insurance CompanyAnnual RateMonthly Rate
Nationwide$427$35.58
State Farm$507$42.25
Erie$539$44.92
North Carolina Farm Bureau$555$46.25
GEICO$596$49.67

Cheapest Minimum Coverage Car Insurance in North Carolina For 30-Year-Old Drivers

Here are the cheapest auto insurance rates for 30-year-olds in NC that want minimum coverage:

Insurance CompanyAnnual RateMonthly Rate
Nationwide$385$32.08
State Farm$456$38.00
Erie$489$40.75
North Carolina Farm Bureau$498$41.50
GEICO$546$45.50

Cheap Auto Insurance For 30-Year-Old North Carolina Drivers With Poor Credit

These are the least expensive annual and monthly rates for 30-year-old NC drivers with poor credit:

Insurance CompanyAnnual RateMonthly Rate
Nationwide$542$45.17
State Farm$644$53.67
Erie$685$57.08
North Carolina Farm Bureau$704$58.67
GEICO$756$63.00

Cheap Car Insurance For 30-Year-Old North Carolina Drivers With a Speeding Ticket

Check out these NC insurance companies for cheap car insurance for 30-year-old drivers with a speeding ticket:

Insurance CompanyAnnual RateMonthly Rate
Nationwide$634$52.83
State Farm$764$63.67
North Carolina Farm Bureau$806$67.17
MetLife$812$67.67
Erie$827$68.92

Cheap Auto Insurance in North Carolina For 30-Year-Old Drivers With a DUI

These insurers have the cheapest auto insurance prices for NC 30-year-olds with a DUI.

Insurance CompanyAnnual RateMonthly Rate
Nationwide$1,713$142.75
State Farm$2,033$169.42
North Carolina Farm Bureau$2,111$175.92
Erie$2,188$182.33
Travelers$2,821$235.08

Cheap Car Insurance in North Carolina For 30-Year-Old Drivers With One At-Fault Accident

Here are the least expensive car insurance monthly and yearly costs for 30-year-old drivers in NC with one accident on record:

Insurance CompanyAnnual RateMonthly Rate
Nationwide$734$61.17
State Farm$764$63.67
North Carolina Farm Bureau$806$67.17
Erie$827$68.92
GEICO$877$73.08

North Carolina Minimum Auto Insurance Requirements

The state of North Carolina has a list of requirements for the minimum amount of auto insurance a driver can have.

These requirements include:

  1. At a minimum; insured for $30,000 bodily injury liability per person and $60,000 total.
  2. A total of $25,000 per crash for vehicle or property damage caused by the vehicle.

Methodology For Choosing Cheapest North Carolina Auto Insurance

We compared rates from North Carolina auto insurance companies throughout the state. The rates we used are calculated for a 35-year-old male with a good credit score (690-719).

Other stats used for the calculated rates include:

Bodily Injury Coverage: $50,000

Overall Coverage: $100,000

Property Damage Coverage: $50,000

Age: 35 years old

Vehicle: 2020 Sedan

Number of Incidents: 0

Credit Score: Good (690-719)

Comprehensive and Collision Coverage: None

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