Who Has the Cheapest Car Insurance Rates with Multiple Speeding Tickets in Greensboro?

The vehicle model you are buying coverage for is probably the largest consideration when shopping around for low-priced car insurance with multiple speeding tickets. Vehicles with lower acceleration and performance, an excellent safety record, or a low likelihood of having liability claims will cost significantly less to insure than fast, unsafe models.

The table below illustrates car insurance costs for a handful of the most cost-effective automobiles to buy insurance for.

Cheapest Vehicles to Insure in Greensboro, NC
Make, Model, and Trim Level Estimated Cost for Full Coverage
Honda CR-V EX-L 2WD $1,535
Chevrolet Silverado LS Regular Cab 4WD $1,644
Toyota Tacoma Double Cab 4WD $1,777
Chevrolet Equinox LS 2WD $1,787
Jeep Grand Cherokee Laredo 2WD $1,777
Ford Escape Limited 2WD $1,781
Chevrolet Malibu LT $1,809
Honda Odyssey EX-L $1,874
Toyota Camry XLE $1,884
Hyundai Elantra GLS 4-Dr Sedan $1,874
Nissan Altima 3.5 SR 4-Dr Sedan $1,907
GMC Sierra SLT Crew Cab 2WD $1,912
Ford Edge SEL AWD $1,923
Dodge Ram Quad Cab TRX4 Off Road 2WD $1,937
Toyota Prius $1,943
Ford Explorer XLT 4WD $1,949
Toyota RAV4 4WD $1,960
Chevrolet Impala LT $1,968
Dodge Grand Caravan Crew $1,998
Ford F-150 XLT Crew Cab 4WD $2,005
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Prices based on single female driver age 40, two speeding tickets, no at-fault accidents, $1,000 deductibles, and North Carolina minimum liability limits. Discounts applied include multi-vehicle, claim-free, homeowner, and multi-policy. Table data does not factor in specific zip code location which can modify auto insurance rates considerably.

Based on these rates, you can see that cars like the Honda CR-V, Chevrolet Silverado, and Toyota Tacoma will definitely be some of the more affordable vehicles to insure after a few driving violations.

One of the more important criteria that determine auto insurance rates is where you choose to live in Greensboro. Areas with increased crime or more people tend to have more expensive auto insurance rates, whereas more rural areas tend to receive slightly lower rates.

The next table lists the highest-priced areas in North Carolina with multiple speeding tickets to buy auto insurance in. Greensboro makes the list at #6 with a yearly premium of $786 for the average policyholder, which is about $66 monthly.

Car insurance prices in Greensboro
Rank City Premium Per Year
1 Fayetteville $923
2 Jacksonville $891
3 Charlotte $808
4 Durham $789
5 Wilmington $788
6 Greensboro $786
7 Gastonia $779
8 Greenville $760
9 Wilson $754
10 Indian Trail $753
11 Rocky Mount $748
12 Goldsboro $743
13 Cary $742
14 Huntersville $742
15 Apex $739
16 Raleigh $737
17 Hickory $732
18 Chapel Hill $724
19 High Point $723
20 Salisbury $705
21 Kannapolis $697
22 Winston Salem $688
23 Asheville $687
24 Burlington $671
25 Concord $669
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Rate information is comparative as the specific Greensboro residence address can influence rates greatly.

Difference between liability only and full coverage rates

Reducing premiums for car insurance is probably important to the majority of vehicle owners, and one great way to find cheap insurance with multiple speeding tickets is to only pay for liability coverage. The illustration below shows the difference between annual premium costs with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The premium estimates are based on no driving violations, no at-fault accidents, $100 deductibles, single marital status, and no discounts are applied to the premium.

If the expense is averaged for all age categories, full coverage on your policy costs $1,918 per year more than just buying liability only. That proposes the question if you should buy full coverage. There isn’t a written rule that is best for determining when to drop physical damage coverage on your policy, but there is a broad guideline. If the annual cost of your full coverage insurance is 10% or more of the replacement cost minus the deductible, then you might want to think about dropping full coverage.

For example, let’s say your vehicle’s settlement value is $7,500 and you have $1,000 full coverage deductibles. If your vehicle is severely damaged, the most your company will settle for is $6,500 after the deductible is paid. If premiums are more than $650 annually for physical damage coverage, the it may be a good time to stop paying for full coverage.

The illustration below illustrates how your choice of deductibles can increase or decrease insurance costs when searching for cheap insurance with multiple speeding tickets. The premium estimates are based on a single male driver, full physical damage coverage, and no other discounts are factored in.

The data above shows that a 40-year-old driver could pocket $278 a year by switching their comprehensive and collision coverages from a $100 deductible to a $500 deductible, or save $416 by changing to a $1,000 deductible. Even younger insureds, like the age 20 example, can cut $924 each year by choosing larger deductibles on their policy. When raising deductibles, it will be necessary to have additional funds squirreled away to offset the extra out-of-pocket expense associated with higher deductibles.

Ratings for North Carolina car insurance companies

Ending up with the top insurance company can be a challenge considering how many choices you have in North Carolina. The company rank data in the lists below may help you analyze which car insurance companies you want to consider comparing prices from.

These rankings are for companies with a national presence, so companies with more of a regional focus are not included in this list. If you wish to compare prices from these and other top-rated companies, click this link.

Top 10 Major Auto Insurance Providers Overall in Greensboro

  1. Travelers
  2. USAA
  3. AAA Insurance
  4. Nationwide
  5. Allstate
  6. State Farm
  7. The Hartford
  8. Safeco Insurance
  9. Progressive
  10. American Family

How to find low-cost auto insurance with multiple speeding tickets

The list below shows some of the better thrifty suggestions that can help Greensboro drivers locate cheaper coverage.

That last piece of advice is extraordinarily necessary, as was affirmed in the prior article. Prices charged by car insurance companies in Greensboro adjust often, so don’t be unwilling to buy from a new company if a better rate can be found. Staying with the same car insurance company is fine, but is isn’t recommended if that stubbornness costs you a small fortune year after year. Take a few minutes and shop around and find cheaper insurance with multiple speeding tickets.

If you have questions and prefer to get some professional input when trying to find lower insurance rates with multiple speeding tickets, the agents listed below can answer your questions and help you decide which insurance coverage will be best for you. To find an agent in your neighborhood, click the button at the bottom.

Triad Insurance Partners
905 McClellan PlGreensboro, NC 27409(800) 701-5909

Allstate Insurance: Michael Patterson
3817 Lawndale Dr, Ste B2Greensboro, NC 27455(336) 545-4596

3411-B W Wendover AveGreensboro, NC 27407(336) 855-1223

Barnett-Smith Insurance
218 N Eugene StGreensboro, NC 27401(336) 272-4554

Barry Morgan – State Farm Insurance Agent
2001 N O Henry Blvd Srv Rd bGreensboro, NC 27407(336) 294-3894

View map of Greensboro, NC insurance agents