The most effective way to get cheaper car insurance rates in Greensboro is to start doing a yearly price comparison from providers who provide auto insurance in North Carolina.
- Step 1: Take a few minutes and learn about what coverages are included in your policy and the factors you can control to keep rates down. Many risk factors that drive up the price such as accidents, traffic tickets, and a less-than-favorable credit history can be amended by making minor changes to your lifestyle.
- Step 2: Compare rates from direct carriers, independent agents, and exclusive agents. Direct companies and exclusive agencies can only provide price estimates from one company like GEICO and Allstate, while independent agencies can provide rate quotes for a wide range of companies.
- Step 3: Compare the quotes to the price on your current policy and see if you can save money. If you find a better price and decide to switch, verify that coverage does not lapse between policies.
- Step 4: Tell your current company to cancel your current auto insurance policy. Submit payment along with a signed and completed policy application for the new policy. Don’t forget to put the certificate verifying coverage in your vehicle’s glove compartment or console.
A good piece of advice is that you’ll want to compare the same deductibles and limits on each price quote and and to look at as many carriers as you can. This enables a level playing field and a thorough selection of prices.
It’s shocking but most car insurance buyers in North Carolina kept buying from the same company for four years or more, and approximately 38% of consumers have never even shopped around for cheap coverage. With the average car insurance premium being $1,847, U.S. drivers can cut their rates by almost $859 a year just by shopping around, but they don’t believe the amount of money they would save if they switched.
Car insurance providers offering low-cost prices in North Carolina
The providers in the list below are ready to provide free rate quotes in North Carolina. To find cheap car insurance in NC, we recommend you visit as many as you can to find the most affordable car insurance rates.
Insurance discounts help lower rates for Toyota C-HR insurance in Greensboro
Companies offering auto insurance do not advertise every discount in an easy-to-find place, so we researched a few of the more well known in addition to some of the lesser obvious ways to save on insurance.
- Early Renewal Discounts – A few larger companies allow discounts for switching to them early. It’s a savings of about 10%.
- Discounts for Seat Belt Usage – Buckling up and requiring all passengers to wear their seat belts could cut 10% or more off the medical payments premium.
- Low Miles Discount – Driving fewer miles may allow you to get lower prices due to less chance of an accident.
- Good Students Pay Less – Excelling in school can save 20 to 25%. The discount lasts up until you turn 25.
- Own a Home – Owning a house in Greensboro may earn you a small savings because owning a home is proof that your finances are in order.
- Auto/Life Discount – Larger insurance carriers have a small discount if you purchase a life policy as well.
A little disclaimer on discounts, some credits don’t apply to all coverage premiums. Most only reduce specific coverage prices like comp or med pay. If you do the math and it seems like adding up those discounts means a free policy, it just doesn’t work that way.
A partial list of companies that may have many of the previously listed discounts include:
It’s a good idea to ask each company or agent which discounts they offer. Savings may not be offered in your area. To locate insurance companies that have a full spectrum of discounts in North Carolina, click here to view.
Cut Insurance Costs with These Tips
An important part of buying insurance is that you know the factors that go into determining the level of your policy premiums. When consumers understand what positively or negatively impacts your premiums, this allows you to make good choices that could help you find better insurance rates. Many different elements are part of the calculation when pricing auto insurance. Some of the criteria are obvious like an MVR report, but others are less apparent such as your marital status or your financial responsibility.
Your car’s features help determine prices – Choosing to buy a car with an alarm system can save you some money. Anti-theft features such as vehicle immobilizer systems, OnStar, and tracking devices like LoJack can help prevent car theft.
Pay more for higher performance vehicles – The make and model of the car you are insuring makes a huge difference in how high your rates are. The best insurance prices will generally be found on smaller low performance passenger cars, but your final cost has many other factors.
Little extras can really add up – There are quite a few extra add-on coverages that can waste your money if you don’t pay attention. Coverages for rental car reimbursement, towing coverage, and Farm Bureau memberships are probably not needed. They may sound like good ideas when discussing your needs, but your money might be better spent on other coverage so remove them from your policy.
Prices can change based on your address – Living in areas with lower population may provide you with better prices when talking about insurance. Fewer drivers on the road corresponds to lower accident rates and lower theft and vandalism rates. Drivers who live in large North Carolina cities tend to have more road rage incidents and longer commutes to work. More time commuting means more chance of being in an accident.
Are women or men drivers cheaper? – Statistics show females are less aggressive when driving. However, don’t assume that males are worse at driving than females. Women and men cause at-fault accidents at about the same rate, but the men tend to have higher claims. In addition to higher claims, males also get ticketed for serious violations such as DWI and reckless driving. Male drivers age 16 to 19 cause the most accidents and therefore are the most expensive to insure.
Do you have enough liability? – Your policy’s liability coverage will afford coverage if ever a jury decides you are liable for damages caused by your negligence. Liability insurance provides you with a defense in court which can be incredibly expensive. Liability insurance is pretty cheap when compared with rates for comp and collision, so drivers should buy more than the minimum limits required by law.
Your age impacts your prices – More experienced drivers have been proven to be more responsible, tend to file fewer claims, and are generally more financially stable. Teen drivers tend to be inattentive and easily distracted when behind the wheel therefore insurance rates are much higher.
Insurance agencies can help
A small number of people still like to talk to an insurance agent and we recommend doing that The biggest benefit of getting online price quotes is that you can obtain cheap auto insurance quotes but still work with a licensed agent.
After completing this simple form, your coverage information is sent to agents in your area that can give you free Greensboro auto insurance quotes to get your business. It simplifies rate comparisons since you won’t have to contact any insurance agencies since price quotes are sent to you. You can find lower rates without a big time investment. If you need to get a rate quote from a specific auto insurance provider, just jump over to their website and submit a quote form there.
Selecting a company is decision based upon more than just a cheap price quote. These are some valid questions you should ask.
- When do they do policy reviews?
- Which company do they place the most coverage with?
- Does the quote include credit and driving reports?
- Which family members are covered?
- Is the agent properly licensed in North Carolina?
- Where are claims handled?
- Will one accident increase rates?
When finding a reliable insurance agent, it helps to know the two types of agencies that you can choose from. Agents are classified as either independent or exclusive depending on the company they work for.
Exclusive agencies can only write with one company and some examples include Farmers Insurance, State Farm, Allstate, and AAA. Exclusive agencies are unable to give you multiple price quotes so keep that in mind. Exclusive agents receive extensive training on their products and sales techniques and that allows them to sell at a higher price point. Consumers often buy from the same agent for years partially due to the brand and strong financial ratings.
The following are Greensboro exclusive agents who can help you get price quote information.
- Steve Kent – State Farm Insurance Agent
3122 Battleground Ave – Greensboro, NC 27408 – (336) 282-5368 – View Map
- Allstate Insurance: Judy T. Slade
1320 Lees Chapel Rd g – Greensboro, NC 27455 – (336) 375-5920 – View Map
- Allstate Insurance: Michael Patterson
3817 Lawndale Dr, Ste B2 – Greensboro, NC 27455 – (336) 545-4596 – View Map
Independent Agencies or Brokers
Agents that choose to be independent are not employed by one company and that is an advantage because they can write policies with any number of different companies and potentially find a lower price. To transfer your coverage to a different company, your agent can just switch to a different company and you don’t have to find a new agent.
When shopping rates, you should always check rates from at least one independent agent for the best price selection. Many independent agencies also insure through small regional insurance companies that many times have cheaper rates.
Shown below is a list of independent agents in Greensboro who can help you get price quotes.
- Hix Insurance Center
924 E Bessemer Ave – Greensboro, NC 27405 – (336) 272-7168 – View Map
- Senn Dunn Insurance
3625 N Elm St – Greensboro, NC 27455 – (336) 272-7161 – View Map
- Ratterree Insurance Agency
5206 W Market St – Greensboro, NC 27409 – (336) 369-0508 – View Map
Greensboro auto insurance companies ranked
Ending up with the highest-rated auto insurance provider can be difficult considering how many choices you have in North Carolina. The ranking information in the next section could help you choose which car insurance providers to look at comparing rates from.
Top 10 Greensboro Car Insurance Companies Ranked by Customer Service
- AAA Insurance
- Safeco Insurance
- State Farm
- The Hartford
- The General
Top 10 Greensboro Car Insurance Companies Ranked by Customer Satisfaction
- USAA – 91%
- AAA Insurance – 90%
- Esurance – 90%
- Nationwide – 89%
- Travelers – 88%
- Progressive – 88%
- Safeco Insurance – 88%
- State Farm – 88%
- Allstate – 88%
- The Hartford – 87%
Don’t give up on cheap premiums
While you’re price shopping online, never reduce coverage to reduce premium. In many instances, an insured dropped full coverage and learned later that their decision to reduce coverage ended up costing them more. Your aim should be to buy a smart amount of coverage at the best price while not skimping on critical coverages.
More affordable auto insurance in Greensboro can be purchased both online in addition to local insurance agencies, and you need to price shop both to have the best chance of lowering rates. Some insurance providers do not offer price quotes online and these smaller companies provide coverage only through independent insurance agencies.
We just covered some good ideas how you can save on Toyota C-HR insurance in Greensboro. The most important thing to understand is the more price quotes you have, the better your chances of lowering your car insurance rates. Consumers could even find that the lowest rates are with the smaller companies.
Additional information is located at these links:
- Comprehensive Coverage (Liberty Mutual)
- Who Has Cheap Greensboro Auto Insurance Quotes for Real Estate Agents? (FAQ)
- Who Has Cheap Auto Insurance for a GMC Sierra in Greensboro? (FAQ)
- Who Has the Cheapest Auto Insurance Rates for a Hyundai Elantra in Greensboro? (FAQ)
- Who Has Affordable Auto Insurance Rates for Unemployed Drivers in Greensboro? (FAQ)
- What if I Can’t Find Coverage? (Insurance Information Institute)
- Credit and Insurance Scores (Insurance Information Institute)