In an ideal world, we could just tell you the exact car insurance company that has the cheapest rates in North Carolina. It’s not quite that easy, unfortunately, as there are a lot of unknown factors such as your financial responsibility, whether you just need liability insurance, and whether you are male or female, that all impact the cost of your policy. In this article, we will cover the best ways to avoid paying too much and will hopefully give you a jump start in finding the best auto insurance in Greensboro.
The car, truck, or SUV to be insured is a significant factor when quoting the best coverage for low mileage drivers. Vehicles with economical engines, good safety features, or a low likelihood of liability claims will cost much less to insure than fast, unsafe models. The list below features car insurance rates for a selection of the cheaper automobiles to insure in North Carolina.
|Make and Model||Estimated Cost for Full Coverage|
|Honda CR-V EX 2WD||$1,077|
|Ford Escape XLS 4WD||$1,084|
|Toyota Tacoma 2WD||$1,251|
|Toyota RAV4 Limited 4WD||$1,277|
|Jeep Grand Cherokee Laredo 4WD||$1,287|
|Chevrolet Impala LT||$1,277|
|Ford Edge Limited AWD||$1,343|
|Ford Fusion SE 4-Dr Sedan||$1,367|
|Hyundai Sonata GLS 4-Dr Sedan||$1,375|
|Dodge Grand Caravan CV||$1,386|
|Volkswagen Jetta 2.0T Station Wagon||$1,445|
|Ford F-150 XL Super Cab 2WD||$1,452|
|Toyota Camry Hybrid||$1,457|
|Chevrolet Equinox LS AWD||$1,461|
|Chevrolet Silverado LT Extended Cab 4WD||$1,470|
|Dodge Ram 2500 Crew Cab Laramie 4WD||$1,482|
|Ford Explorer Limited AWD||$1,490|
|Honda Civic LX-S 4-Dr Sedan||$1,513|
|Ford Focus SE 4-Dr Sedan||$1,534|
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Data based on single female driver age 30, no speeding tickets, no at-fault accidents, $1,000 deductibles, and North Carolina minimum liability limits. Discounts applied include claim-free, safe-driver, homeowner, multi-vehicle, and multi-policy. Premium amounts do not factor in Greensboro, NC location which can lower or raise premiums substantially.
Based upon these rates, you can expect models like the Honda CR-V, Ford Escape, Toyota Prius, Toyota Tacoma, and Toyota RAV4 are most likely going to be the cheapest vehicles to insure for infrequent drivers.
Comparing quotes for budget insurance is confusing at best, and deciding which companies quote the cheapest car insurance rates for low mileage drivers will require a bit more work. Every car insurance company has a different process for determining rates in each state, so let’s take a look at the car insurance companies that tend to be cheaper in Greensboro, NC.
It’s important to understand that North Carolina car insurance rates are calculated based on many things which can significantly increase or decrease your annual premium. Taking a driver safety course, buying a different vehicle, or getting a ticket for running a stop sign can cause premium changes resulting in some rates now being cheaper than competitors.
Cheap Insurance Rates in North Carolina
Progressive may have some of the cheapest car insurance rates in Greensboro at around $632 each year. This is $240 less than the average premium paid by North Carolina drivers of $872. Utica National, NC Farm Bureau, Liberty Mutual, and GEICO are also some of the lowest-priced Greensboro, NC auto insurance companies.
In the rate table above, if you are insured with Utica National and switched to Progressive, you might realize annual savings of approximately $4. Insureds with NC Farm Bureau might save as much as $84 a year, and Liberty Mutual insureds might see rate reductions of $96 a year.
Understand that those premium estimates are averages across all types of drivers and the different vehicles they drive and do not factor in an exact location for low mileage drivers. So the car insurance company that can offer you the lowest price may not even be in the top 20 companies in the list above. That illustrates why you need to get auto insurance quotes using your own driver and vehicle profiles.
For infrequent drivers, one of the largest things that aid in calculating the amount you pay for auto insurance is where your residence is. More populated areas tend to pay more, whereas areas with lower vehicle theft rates and fewer weather claims benefit from lower prices.
The next table lists the most expensive areas in North Carolina for low mileage drivers to buy car insurance in. Greensboro shows up at #9 with an annual cost of $756 for the average insurance policy, which is approximately $63 per month.
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Rate information is approximated as the vehicle garaging location can change insurance rates greatly.
North Carolina car insurance companies
Ending up with a high-quality auto insurance company is hard considering how many companies sell insurance in North Carolina. The information shown next could help you choose which auto insurance companies you want to consider comparing rates from. The rankings below are for major nationwide insurance companies, so companies with more of a regional focus are not factored into the list.
Top 10 Large Auto Insurance Providers in Greensboro 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%
Top 10 Large Auto Insurance Providers in Greensboro Ranked by Value
- American Family
- AAA Insurance
- Safeco Insurance
- The Hartford
- The General
- 21st Century
- Titan Insurance
Impact of speeding/accidents on car insurance rates
The easiest method to score affordable car insurance premiums in North Carolina for infrequent drivers is to be an attentive driver and avoid accidents and keep your driving record clean. The diagram below illustrates how violations and accidents can raise auto insurance rates for different age groups. The information is based on a married male driver, full physical damage coverage, $1,000 deductibles, and no discounts are applied to the premium.
The data charted above shows the average cost of car insurance per year with no violations or accidents is $897. Receive two speeding tickets and the average cost swells to $1,227, an increase of $330 each year. Now include two accidents along with the two speeding tickets and the 12-month cost of car insurance for low mileage drivers goes up to an average of $2,607. That’s an increase of $1,710, or $143 per month, just for not maintaining a clean driving record!
Get discount Greensboro insurance rates
Car insurance companies that offer cheap quotes for low mileage drivers may have policy discounts that can reduce rates by as much as 35% or more if you qualify for them. Companies and their offered discounts are detailed below.
- AAA policyholders can earn discounts including anti-theft, multi-policy, good driver, education and occupation, good student, AAA membership discount, and multi-car.
- Progressive includes discounts for multi-policy, multi-vehicle, continuous coverage, good student, and online signing.
- State Farm has discounts for defensive driving training, multiple autos, driver’s education, good driver, anti-theft, multiple policy, and Steer Clear safe driver discount.
- Esurance has savings for anti-lock brakes, multi-car, claim free, online quote, good driver, Switch & Save, and homeowner.
- Nationwide offers discounts including multi-policy, Farm Bureau membership, defensive driving, good student, business or organization, and anti-theft.
The chart below illustrates the difference between car insurance rates with and without discounts applied. The price estimates are based on a male driver, no accidents or driving violations, North Carolina state minimum liability limits, comprehensive and collision coverage, and $250 deductibles.
The first bar for each age group shows premium with no discounts. The second shows the rates with passive restraint, homeowner, vehicle safety, marriage, accident-free, and defensive driving course discounts applied. In this example, theaverage yearly reduction on car insurance for low mileage drivers is 27% or $398.
Ideas to find budget-friendly auto insurance for low mileage drivers
Here are some of the better thrifty solutions that can help drivers get low-cost coverage.
- Remove physical damage coverage on older vehicles
- Having at-fault accidents will increase rates
- Save money by bundling your home and auto policies
- Buy a car with high safety ratings
- Good credit can mean cheaper rates
- Shop around for cheaper prices
The last idea is extraordinarily critical, as was stressed in this article. Car insurance prices vary greatly, so drivers shouldn’t be reluctant to switch to a new company if you can find a cheaper rate.
Having brand loyalty is commendable, but we do not recommend it if that devotion results in you overpaying a small fortune year after year. Spend a few minutes and compare prices and find cheaper insurance for low mileage drivers in Greensboro.
If you prefer to get help from a professional when shopping for the best coverage for infrequent drivers, the agents listed below are willing to help you determine which auto insurance policy would work best for you.
To find a Greensboro insurance agent close to you, click the button below the list or click here to get price quotes now.
7 Corporate Center Ct – Greensboro, NC 27408 – (336) 540-0463
Adam Lemmert – State Farm Insurance Agent
3711 Elmsley St #106 – Greensboro, NC 27406 – (336) 482-2200
Nationwide Insurance: Michael Bare Agency
2828 Battleground Ave Ste C – Greensboro, NC 27408 – (336) 282-5033
3828 Burlington Rd – Greensboro, NC 27405 – (336) 621-5057