Finding the cheapest car insurance rates in a city can be difficult. If you’re looking for affordable media coverage in Greensboro, North Carolina, we at the Home Media Review team have got you covered.
In this article, we will break down the average cost of auto insurance from the top providers in the Greensboro area and explain the factors that go into auto insurance rates. To get the best price you can compare several free offers from our verified ones best car insurance companies.
Cheapest car insurance Greensboro
Our thorough review of cost estimates from synthesized quadrant data shows that Nationwide, State Farm, and Erie Insurance offer this cheapest car insurance for Greensboro riders with clean records.
Cheapest auto liability insurance in Greensboro
Drivers in Greensboro can find the cheapest liability insurance with minimum coverage from Nationwide and Erie Insurance. Both providers check in at $350 per yearwith Nationwide offering coverage for $25 per month and Erie insurance costs $29 per month on average.
As a North Carolina driver, your minimum state insurance is only your obligation liability car insurancewhich only covers the medical bills and property damage of other drivers in an accident you cause.
As you can see from the table above, minimum liability insurance is one way to get the cheapest insurance rates. However, you are not covered in the event of a self-inflicted accident, so we encourage you to review your coverage options and consider comprehensive car insurance in Greensboro.
Cheapest comprehensive car insurance in Greensboro
Comprehensive insurance included collision and comprehensive Cover. This protects your car from accidents and environmental damage caused by you.
Nationwide and Erie Insurance offer the cheapest comprehensive insurance in the Greensboro area. Nationwide provides full coverage for $77 per month or $920 per year. Erie Insurance is close behind, with full coverage that costs $83 per month or $997 per year.
Car Insurance Deals in Greensboro
You will find that Greensboro car insurance rates depend on a variety of factors. Your age, marital status, gender, and driving habits all have a significant impact on how much you pay for car insurance.
Cheapest Car Insurance Greensboro: Age and Marital Status
Our cost estimates show that Erie Insurance offers the cheapest coverage in Greensboro for single 24 year olds. Nationwide offers the cheapest Married 35 Year Old Car Insurance in the region.
Cheapest Car Insurance Greensboro: Gender
Car insurance rates often vary for men and women, with men paying more at a certain age — but that’s not the case in Greensboro. Our cost estimates show the same rates for both genders in the region, with Erie Insurance offering the cheapest rates.
Cheapest Car Insurance Greensboro: High Risk Drivers
Traffic violations such as speeding tickets or culpable accidents can significantly increase your fine rate Auto Insurance Premiums. The negative grades from these violations usually remain in your driving record for at least three years. So if this applies to you, you can have higher rates for a while.
Car insurance prices in Greensboro: speeding tickets
For Greensboro drivers with a speeding ticket 16 to 20 miles over the speed limit, the cheapest auto insurance companies to get policies from are Nationwide at $121 per month or $1,452 per year and Erie at $145 per month and $1,736 per year.
Auto Insurance Prices in Greensboro: At-fault Accident
According to our cost estimates, Erie Insurance offers the cheapest auto insurance for Greensboro drivers who have been involved in an auto accident in the last three years – at $145 per month or $1,736 per year. North Carolina Farm Bureau, Nationwide, and State Farm also offer affordable coverage for drivers with at-fault accidents on their records.
Car Insurance Prices in Greensboro: DUI
Greensboro drivers with a driving under the influence (DUI) conviction pay significantly more for auto insurance. Nationwide offers the cheapest tariffs for these drivers $319 per month or $3,831 per year. National General Insurance is close behind $337 per month or $4,044 per year.
Average cost of auto insurance in Greensboro
According to our cost estimates, Greensboro drivers pay $112 per month or $1,348 per year on average for fully comprehensive car insurance. These numbers are well below the national average $144 per month and $1,730 per year.
Car Insurance Prices in Greensboro: What Affects Them?
All of your age and marital status determines how much you pay Car Insurance in North Carolina.
Here’s an overall list of why these factors affect auto insurance rates:
- Age: Teenagers and other young drivers tend to pay more for car insurance because they have higher rates of accidents and other driving violations.
- gender: The gender shown on your driver’s license may affect your rates for certain age groups. Male drivers tend to pay higher prices than female drivers in their teens and early 20s.
- Marital status: Married drivers often pay lower auto insurance premiums because insurance providers see them as more financially stable.
- location: Certain areas of Greensboro that have higher rates of auto accidents and theft may trigger higher rates from insurers.
- credit-worthiness: The better your credit rating, the lower your premiums.
- drive recording: A driving history that shows you’re more likely to get into a car accident or get a speeding ticket, for example, means your provider is charging more to offset the risk.
- vehicle type: Cars that are more likely to be stolen or more expensive to repair cost more to insure.
Greensboro drivers can get their best rates by maintaining a clean driving record and good credit. Choosing an insurance policy with a higher deductible or a lower sum insured can also lead to lower monthly payments.
Cheap auto insurance in Greensboro: Conclusion
Auto insurance rates in Greensboro are significantly lower than the national average, especially from the area’s top low-cost auto insurance companies – Erie Insurance and Nationwide. Drivers in this North Carolina city should have no trouble finding the best cheap auto insurance for their situation, especially if they Compare car insurance rates from multiple providers.
Cheapest Car Insurance in Greensboro: FAQ
Below are some frequently asked questions about car insurance in Greensboro: