Finding car insurance quotes Raleigh can seem tough, but with the right info, you can get affordable car insurance Raleigh easily. It doesn’t matter if you’re new to driving or have been driving for years. Knowing the local market and comparing quotes from top companies is key to getting the right coverage at a good price.
In Raleigh, you’ll find a lively insurance scene. Companies like Erie Insurance, Nationwide, North Carolina Farm Bureau, State Farm, and National General offer great policies at good prices. They’re known for their excellent customer service and wide coverage. This makes them top picks for cheap car insurance Raleigh folks.
Key Takeaways
- Raleigh’s auto insurance rates are 13% higher than the state average but 13% lower than the national average, making it a relatively affordable market for car insurance.
- Erie Insurance, Nationwide, North Carolina Farm Bureau, State Farm, and National General are the leading providers offering the most affordable coverage in Raleigh.
- The average cost of minimum-coverage insurance in Raleigh is $45 per month or $544 per year, which is 13% less than the national average.
- Full-coverage car insurance in Raleigh costs around $134 per month or $1,613 per year on average, 20% less expensive than the national average.
- Comparing quotes from multiple providers is the best way to find the most cheap car insurance raleigh that meets your specific needs and budget.
Leading Car Insurance Providers in Raleigh
Looking for the best car insurance companies in Raleigh? Several top providers are known for their great rates, customer service, and coverage. They are some of the best car insurance companies Raleigh folks trust:
| Insurance Provider | Average Monthly Rate | J.D. Power Rating |
|---|---|---|
| Erie | $63 | 893 |
| Farm Bureau | $67 | N/A |
| Utica National | $74 | N/A |
| State Farm | $78 | 882 |
| GEICO | $81 | 874 |
These top rated car insurance providers in Raleigh offer great rates and high customer satisfaction. They ensure reliable and quick service for their customers. By checking out these highly rated car insurance providers Raleigh has, you can find the right coverage for your needs and budget.
Average Cost of Minimum and Full Coverage in Raleigh
When looking at car insurance in Raleigh, knowing the costs for minimum and full coverage is key. The average monthly cost for minimum coverage is about $45, or $544 yearly. This is 13% less than the national average.
For full-coverage insurance, Raleigh’s average is $134 monthly or $1,613 yearly. This is about 20% cheaper than the national average of $167 monthly or $2,008 yearly.
Raleigh’s lower insurance rates come from its lower cost of living, fewer accidents, and a competitive insurance market. Drivers choosing minimum coverage save a lot compared to the state average. Those with full coverage also see big savings on their premiums.
| Coverage Type | Average Monthly Cost | Average Annual Cost | Comparison to National Average |
|---|---|---|---|
| Minimum Coverage | $45 | $544 | 13% lower |
| Full Coverage | $134 | $1,613 | 20% lower |
Knowing the average cost of car insurance raleigh for minimum coverage car insurance raleigh and full coverage car insurance raleigh helps drivers make better choices. They can find the best and most affordable coverage for their needs.
Cheapest Liability Insurance in Raleigh
Looking for the cheapest liability car insurance in Raleigh, North Carolina? Erie Insurance and Nationwide are top choices. Erie Insurance has the lowest rates, at just $30 per month or $356 yearly.
Nationwide is also a great option, with rates of $34 monthly or $413 yearly for basic coverage.
State Minimum Car Insurance Requirements
In North Carolina, car insurance must cover:
- $60,000 in bodily injury liability per accident
- $30,000 in bodily injury liability per person
- $25,000 in property damage liability per accident
- Various uninsured/underinsured motorist coverages
By comparing quotes from Erie and Nationwide, drivers in Raleigh can find affordable liability insurance that meets state laws.
| Provider | Average Monthly Rate | Average Annual Rate |
|---|---|---|
| Erie Insurance | $30 | $356 |
| Nationwide | $34 | $413 |
| Allstate | $76 | $908 |
Cheapest Full Coverage Car Insurance in Raleigh
Finding affordable full coverage car insurance in is key for drivers. It helps protect their assets and follows state laws. Erie Insurance offers the cheapest full coverage auto insurance in Raleigh, at $88 per month or $1,060 yearly. This is much lower than State Farm at $107 per month and North Carolina Farm Bureau at $111 per month.
Nationwide is also a great choice for affordable full coverage auto insurance in Raleigh. By comparing quotes from different providers, drivers can find the best value. This helps them stay within their budget.
| Insurance Provider | Average Monthly Rate for Full Coverage |
|---|---|
| Erie Insurance | $88 |
| State Farm | $107 |
| North Carolina Farm Bureau | $111 |
| Nationwide | $115 |
| Geico | $120 |
Understanding what affects cheapest full coverage car insurance raleigh is important. This includes driving history, vehicle details, and location. By knowing this, Raleigh drivers can make smart choices. They can find the most affordable full coverage auto insurance raleigh for their needs.
“Comparing quotes from multiple insurers is the best way to find the most affordable full coverage car insurance in Raleigh that fits your budget and provides the protection you need.”
Cheapest Car Insurance by Age in Raleigh
Finding cheap car insurance in Raleigh, North Carolina, is easier if you’re older. As you get more driving experience, your insurance costs go down. Teenagers in Raleigh pay about $1,731 a year on average for car insurance. But, costs drop a lot as you get into your 20s and 30s.
Affordable Providers for Teen Drivers
For teens in Raleigh, State Farm has the cheapest rates. Other great options for cheapest car insurance for young drivers raleigh and affordable car insurance for teenagers raleigh are:
- Erie Insurance
- Nationwide
- National General
When you’re in your 30s and 40s, you’ll find the best deals on cheapest auto insurance rates by age raleigh. Nationwide offers a good deal at $45 a month for basic coverage.
“Auto insurance rates in Raleigh are typically highest for teenage drivers, but the costs decrease significantly as drivers gain more experience on the road.”
By looking at how age affects car insurance costs in Raleigh, you can find the best deals. Companies like State Farm, Erie, and Nationwide offer affordable options for drivers of all ages.
Cheapest Car Insurance for Bad Credit in Raleigh
Finding affordable car insurance for bad credit in Raleigh can be tough. But, doing the right research helps a lot. Nationwide is a top choice, offering policies as low as $42 a month or $499 a year. This is just 3% more than what good credit drivers pay on average in North Carolina.
Other great options for cheap auto insurance for poor credit in Raleigh are Erie Insurance at $43 a month and Farmers at $47 a month. Credit scores greatly affect car insurance rates in North Carolina. So, it’s key for Raleigh drivers with low credit scores to shop around for quotes.
“Your credit score is one of the most important factors that insurers use to set your car insurance rates in North Carolina.”
By researching well and using discounts, Raleigh residents with bad credit can find low cost car insurance. They can get coverage that fits their budget and meets their needs.
car insurance quotes raleigh for High-Risk Drivers
Raleigh drivers with a history of speeding tickets, accidents, or DUIs face big challenges in finding affordable car insurance. Knowing how these infractions affect insurance rates and looking for affordable coverage for drivers with accidents or DUIs in Raleigh can help. This can make it easier for high-risk drivers to stay safe and financially secure.
Rates After a Speeding Ticket
A speeding ticket can raise car insurance for high risk drivers raleigh rates by about 70%. If you’re caught speeding in Raleigh, expect your insurance to go up a lot. It’s important to look for cheapest auto insurance for drivers with violations raleigh to lessen the cost.
Rates After an At-Fault Accident
Being at fault in an accident can really hit your insurance rates hard, with an average increase of 96% in Raleigh. For those who are unlucky enough to be in a crash, finding affordable coverage for drivers with accidents or DUIs raleigh is crucial. The cost can be a big burden.
Rates After a DUI
A DUI conviction can lead to a huge 337% increase in car insurance for high risk drivers raleigh rates. After a DUI, finding insurance can be tough. But, looking at options from providers known for cheapest auto insurance for drivers with violations raleigh might help you get back on track financially.
| Insurance Provider | Average Rate After Speeding Ticket | Average Rate After At-Fault Accident | Average Rate After DUI |
|---|---|---|---|
| National General | $64/month | $71/month | $61/month |
| State Farm | $85/month | $92/month | $82/month |
| GEICO | $71/month | $79/month | $72/month |
Understanding the effects of these infractions and looking at car insurance for high risk drivers raleigh options can help. High-risk drivers in Raleigh can find affordable coverage for drivers with accidents or DUIs raleigh. This way, they can stay safe and responsible on the road.
Cheapest Car Insurance by ZIP Code in Raleigh
Finding affordable car insurance by zip code in Raleigh matters a lot. The rates can change by up to 9.0% lower or 10.9% higher than the average, based on the ZIP code.
The cheapest auto insurance rates by neighborhood in Raleigh are found in these ZIP codes:
- 27606
- 27613
- 27615
But, the most expensive ZIP codes for low cost coverage based on location in Raleigh are:
- 27610
- 27616
These areas have more claims, accidents, and crime, making insurance more costly. By comparing car insurance quotes by neighborhood, drivers can save a lot.
“Location, location, location – it’s not just a real estate mantra, but a crucial consideration for car insurance rates in Raleigh as well.”
Knowing how Raleigh’s ZIP codes affect affordable car insurance helps in finding the best policy. By looking into the cheapest auto insurance rates by neighborhood and comparing quotes, drivers can get the low cost coverage based on location they need.
Comparison of Raleigh Auto Insurance Rates
Raleigh, North Carolina, has car insurance costs that are pretty good compared to the state and the whole country. The city’s rates are 13% higher than North Carolina’s average but 13% lower than the national average. This makes Raleigh a good place for finding affordable car insurance.
The most affordable full coverage policy in Raleigh is offered by Progressive at $892 per year on average. For minimum coverage, Nationwide provides the cheapest option at $263 per year. These prices are much lower than the state and national averages. This shows that drivers in Raleigh can get good coverage without spending too much.
| Coverage Type | Raleigh Average | North Carolina Average | National Average |
|---|---|---|---|
| Full Coverage | $1,099 | $1,084 | $1,265 |
| Minimum Coverage | $263 | $312 | $545 |
By seeing how Raleigh auto insurance rates compare to the state and the whole country, drivers can make better choices. They can find the right coverage at the best price.
Factors Affecting Car Insurance Rates in Raleigh
Several key factors affect car insurance rates in Raleigh. A driver’s age is a big factor, with younger and older people often paying more. Where you live in Raleigh also matters, as insurers look at accident rates, crime, and traffic patterns in different areas.
Your credit score can also change your insurance costs. In North Carolina, insurers can use your credit history to set rates. This means drivers with poor credit might pay more. Your driving record is also important, with things like accidents, tickets, and violations affecting your rates.
Other factors that impact costs include how often claims are made, crimes, and traffic incidents in your area. Insurers use this info to figure out the risk level of an area. This can lead to big differences in premiums across the city.
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What is the average cost of minimum and full coverage car insurance in Raleigh?