Raleigh, NC, Car Insurance

The average full coverage car insurance in Raleigh costs $103 per month. Depending on various factors, rates can range from as low as $102 to as high as $400 monthly. To help drivers better understand potential expenses, the table below provides average car insurance costs for different driver profiles in the area.

Because insurers calculate premiums differently, for the most accurate estimate, you'll need to get quotes from multiple providers.

In Raleigh, car insurance averages $1,240 per year for full coverage and $647 for minimum coverage. These rates are higher than the North Carolina averages, where full coverage costs $1,206 and state minimum coverage is $602 annually.

Even as premiums rise in North Carolina you can still find affordable car insurance in Raleigh. North Carolina Farm Bureau offers the cheapest minimum coverage at just $24 per month. For full coverage, their rate is also the best at $46 per month.

North Carolina Farm Bureau often offers the cheapest car insurance, but rates vary for each driver. To find the most affordable option, gather quotes from several providers. Below is a table showing the cheapest rates for various driver profiles.

To find the cheapest car insurance in Raleigh, you need to compare rates from different companies. We've outlined affordable options for minimum coverage and full coverage car insurance below.

North Carolina Farm Bureau offers the cheapest minimum coverage auto insurance at $24 per month, while Erie follows closely at $28 monthly. See the breakdown of the cheapest options in the table below.

North Carolina Farm Bureau offers the cheapest full coverage car insurance in Raleigh at $46 per month. Below is a list of other providers and their rates.

To find the cheapest car insurance in Raleigh, compare quotes from several companies. North Carolina Farm Bureau offers the lowest rate at $424 annually. Check the table below for more choices.

*Rates are for a 40-year-old driver with good credit and no driving violations.

Middle-aged drivers and younger seniors have the lowest car insurance rates, with pricing of $1,240 per year for 40-year-olds and $1,230 annually for 65-year-olds. Below, you can compare average rates for ages 16 to 65 in the city.

State Farm offers the cheapest overall car insurance for teens in Raleigh, with full coverage costing $106 monthly, saving you $82 compared to the average state cost. The table below also highlights some of the most affordable providers for teens in the area.

*Rates reflect 16 to 19-year-old drivers with good credit and no driving violations for full coverage policies.

Erie offers the lowest minimum coverage rate at $29 per month and the most affordable full coverage at $57 monthly in Raleigh. Check the table below to see which providers offer the cheapest rates for various young driver profiles.

Erie offers the most affordable auto insurance for young drivers at $43 per month. Other companies with competitive rates include North Carolina Farm Bureau and Progressive. The table below shows other companies with competitive rates.

*Rates are for 25-year-old drivers with good credit and no driving violations for both minimum and full coverage.

North Carolina Farm Bureau offers the most affordable car insurance options in the city, but rates can vary based on individual factors. The table below shows the cheapest providers for different driver and coverage profiles that may better fit your needs.

North Carolina Farm Bureau offers the cheapest monthly premium for seniors at $35 for both minimum and full coverage. Erie follows closely with a rate of $41 per month. The table below shows more top car insurance providers for seniors in Raleigh.

*Rates are for 65-year-old drivers with good credit and no driving violations for both minimum and full coverage.

When looking at high-risk driver profiles in Raleigh, car insurance rates for both minimum and full coverage are lower than the state average. Drivers with bad credit and DUIs pay the most for insurance. In contrast, accidents and speeding tickets have a smaller impact on rates.

National General offers the cheapest minimum coverage for drivers with a DUI at $768 per year. For full coverage, North Carolina Farm Bureau leads with an annual rate of $1,999. Check out the table below for more affordable options.

*Rates are for a 40-year-old driver with good credit and a DUI.

For drivers with an at-fault accident in Raleigh, North Carolina Farm Bureau, Erie and State Farm offer the cheapest options. To find the cheapest auto insurance after an at-fault accident, these providers stand out. Below, a table shows different providers offering affordable car insurance coverage for drivers with an at-fault accident violation.

*Rates are for a 40-year-old driver with good credit an at-fault accident.

North Carolina Farm Bureau is the cheapest car insurance provider for drivers with a speeding ticket, offering rates of $35 for minimum coverage and $66 for full coverage in Raleigh. Explore the table below to see how other providers charge drivers with a speeding ticket on their record.

**Rates are for a 40-year-old driver with good credit and a speeding ticket.*

North Carolina Farm Bureau offers the most affordable rates for drivers with bad credit, with minimum coverage at $33 and full coverage at $62 monthly. See the table below for other affordable options.

*Rates are for a 40-year-old driver with bad credit and no driving violations.

In North Carolina, each city follows statewide mandates for car insurance minimums. Here's what your policy needs at a minimum:

• $30,000 for bodily injury liability per person.
• $60,000 for bodily injury liability per accident.
• $25,000 for property damage liability per accident.
• $30,000 uninsured motorist bodily injury per person.
• $60,000 uninsured motorist bodily injury per accident.
• $25,000 uninsured/Underinsured property damage coverage.

These minimums ensure that if you're in an accident, your insurance can cover the costs up to these amounts. For example, if you cause an accident, your policy can pay up to $60,000 for all injuries you cause in that accident.

North Carolina Farm Bureau shines as the cheapest for car insurance in Raleigh, with minimum coverage at just $24. Drivers of all ages and credit scores can find great deals that fit their wallets. Just make sure your policy includes the required state minimum coverage. By comparing options, you can snag affordable rates that keep you legal on the road.

This section provides quick answers to common questions about finding affordable and best car insurance options in Raleigh. Learn about state minimum coverage and how to get the best value for your car insurance needs.

Raleigh Driver Profile

To assess the best and most affordable auto insurance options for Raleigh residents, MoneyGeek used the following sample driver profile:

• 40-year-old male
• Clean driving history
• 2012 Toyota Camry LE
• 12,000 miles driven per year

By altering variables such as age, driving records and military status, MoneyGeek also found the top insurers for different types of drivers.

Coverage Levels in Raleigh

In assessing the car insurance quotes for Raleigh, we gathered data for both minimum and full coverage policies, ensuring each insurer conformed to North Carolina's mandated liability insurance parameters:

The minimum coverage requirements in North Carolina are:

• $30,000 for bodily injury liability per person.
• $60,000 for bodily injury liability per accident.
• $25,000 for property damage liability per accident.
• $30,000 uninsured motorist bodily injury per person
• $60,000 uninsured motorist bodily injury per accident
• $25,000 uninsured/Underinsured property damage coverage

To assess rates for full coverage policies, MoneyGeek upped the coverage amounts to these limits:

• $100,000 bodily injury liability per person
• $300,000 bodily injury liability per accident
• $100,000 property damage liability
• Comprehensive and collision coverage with a deductible of $1,000

MoneyGeek’s Scoring System

MoneyGeek scored insurers on a scale of zero to 100, factoring in customer satisfaction, cost-effectiveness, claims management, coverage options and financial stability.

Insurers received scores as indicated below, with a total possible score of 100 points:

• General customer satisfaction (up to 35 points)
• Affordability (up to 30 points)
• Claims experience (up to 20 points)
• Essential coverages (up to 10 points)
• Financial stability (up to five points)

MoneyGeek’s Sources

To gauge rates and assess the best service experiences among North Carolina providers, MoneyGeek utilized six sources:

• Quadrant Information Services provided actual policy quotes in Raleigh
• J.D. Power's studies and the NAIC index contributed to the assessment of customer service
• Claims experience metrics came from J.D. Power and the CRASH Network’s report card
• AM Best and Demotech offered financial stability insights through their ratings

MoneyGeek gathered 50,284 quotes for the average driver across various ages, driving a Toyota Camry with a clean record, barring specific exceptions. Our study evaluated 14 insurance companies in Raleigh. For a detailed understanding of our process, see MoneyGeek's methodology.