North Carolina is an at-fault car insurance state, meaning drivers who cause accidents must cover damages incurred as per North Carolina state laws. Average car insurance costs in North Carolina tend to be less than the national average; however, individual rates can differ greatly based on factors like driving history, age, credit score and marital status.
At the core of it all lies car coverage cost, where SUVs tend to be more cost-effective than luxury sports cars and model is important; SUVs tend to cost less per mile and repair costs may vary significantly between models. Furthermore, driver history plays a large part in premium pricing: recent accidents or speeding tickets could significantly raise rates while drivers with excellent driving records often get much reduced premium rates than their counterparts with poor histories.
Level of coverage also influences pricing; minimum liability coverage tends to be cheaper than full coverage; however, minimum limits often aren’t enough to cover an expensive accident; full coverage could provide the added protection necessary. Some car insurance providers even offer packages which combine minimum and full coverage together in one policy to save even more money on insurance premiums.
Other factors affecting car insurance costs in North Carolina include discounts. This could include things such as being a student or veteran, having good credit, being a homeowner willing to go paperless and more. Your insurer will take these into consideration when calculating risk assessments and offering rates; check out some discounts at Jerry website; payment reminders will also help prevent coverage lapse which would increase rates significantly.
Car insurance calculators can be an easy and efficient way to estimate potential expenses for auto coverage. But these calculations should only be seen as estimates; to get more accurate figures it’s advisable to compare quotes from multiple providers and find one with affordable options tailored specifically for you.
To provide you with an accurate picture of the costs associated with various levels of coverage in North Carolina, we compared rates from some of the largest insurers. We took into account driver and vehicle profiles from WalletHub research data and added other variables which may impact your rate.
These are the average North Carolina car insurance prices with a $500 deductible for minimum and full coverage policies with minimum bodily injury liability of $30,000 per person per accident, total bodily injury liability of $60,000 and $25,000 of uninsured motorist property damage liability coverage respectively. Full coverage provides standard liability plus collision and comprehensive protection.
In order to calculate average car insurance costs, we used data provided by WalletHub’s driver profiles as well as state DMVs on model year, make, and location.