Cheap Car Insurance in North Carolina
Finding cheap car insurance in North Carolina can be a challenge. Many factors typically affect auto insurance rates. These include driving record, age, marital status, credit score, claims history, the insurance company and amount of coverage. As a result, auto insurance prices can vary widely between companies.
North Carolina is unique when it comes to automobile insurance. Some factors, like driver age or marital status, are not considered when rating drivers. Instead, driving experience and driver history are used.
Understand Your Insurance Needs
Insurance companies know that no two drivers are exactly the same, but no two insurance companies are exactly the same either. When examining car insurance needs, it’s important to know the factors that insurance companies examine and do you homework. This will help you find cheap car insurance in North Carolina.
Different companies also offer different discounts at different rates. For example, having a car with a vehicle stability control system may offer a discount between 10 and 30 percent depending on the company.
North Carolina also has an exchange called the North Carolina Reinsurance Facility to ensure that all licensed drivers, even those with high risk factors, can purchase affordable car insurance. Depending on rating and underwriting factors, you may be placed in the high-risk Facility with one company while another company decides that you’re a reasonable risk — this can affect rates by up to 50%.
North Carolina Auto Insurance Requirements
In North Carolina, all drivers are required to either have auto insurance with limits of at least $30,000 per person/$60,000 per accident for bodily injury and $25,000 per accident for property damage.
All insurance companies in North Carolina offer higher limits to lower a driver’s risk of loss. The most common is $100,000 per person/$300,000 per accident for bodily injury and $100,000 for property damage. Most drivers some opt should for higher coverage limits to better protect themselves and their families in the event of serious injury accident.
How to Save on North Carolina Auto Insurance
When looking for cheap North Carolina car insurance, it’s important to know that the new quotes are for the same policy limits and services. You should make sure to compare “apples-to-apples” to get the most accurate quote. Because different companies offer different discounts, shopping can save you a lot of money.
Dropping a coverage like Collision (which covers your car if you’re at fault in an accident) can reduce rates significantly. Changing liability limits and coverage can significantly impact the rates you pay for auto insurance.
All in all, drivers can save a lot of money by shopping around for car insurance. By entering your ZIP code on our site, you can get multiple quotes from different companies and find cheap car insurance in North Carolina that will meet your needs.