Updated: November 21, 2024
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For men, Nationwide leads as the top life insurance provider with a MoneyGeek score of 97 and a monthly premium of $18. For women, GEICO tops the chart with a MoneyGeek score of 95 and a monthly premium of $14.
While these scores reveal the best companies based on quantitative analysis, selecting the right life insurance policy hinges on various individual factors, such as financial goals, health and coverage needs.
BestLife InsuranceNorth CarolinaBest Life Insurance Companies in North Carolina
Why Trust MoneyGeek? We analyzed 1,488 life insurance quotes alongside customer satisfaction, financial stability reports, product offerings and more to determine the best life insurance companies in North Carolina.
Coverage costs and company information for life insurance providers were updated in May 2024.
| Nationwide | 1 | 97 |
| GEICO | 2 | 97 |
| Mutual of Omaha | 3 | 95 |
| Protective | 4 | 94 |
| State Farm | 5 | 93 |
| Allstate | 6 | 92 |
| Haven | 7 | 92 |
| Transamerica | 8 | 92 |
| Prudential | 9 | 91 |
| AAA | 10 | 89 |
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the overall best life insurance companies in North Carolina:
For both men and women seeking the best life insurance in North Carolina, Nationwide emerges as the top provider. With a MoneyGeek score of 97 for men and a score of 95 for women, Nationwide stands out for its well-rounded offerings. The monthly premium for men is $18, while for women it's $17.
The top three highest MoneyGeek scores are:
Nationwide’s balance of affordability, customer satisfaction and financial stability, along with its top scores, makes it the go-to choice for comprehensive life insurance coverage in North Carolina for both genders.
Nationwide secures its top position for the best life insurance in North Carolina for men with its stellar overall MoneyGeek score of 97. Offering policies at an accessible monthly premium of approximately $18, it's the go-to choice for value and reliability.
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GEICO stands out as the leading provider of life insurance in North Carolina for women, with an overall MoneyGeek score of 95 and a monthly premium of $14.
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How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies in North Carolina:
Costs are based on quotes gathered for a $250,000 life insurance policy with a 10-year term.
Nationwide stands as the preeminent provider for the best term life insurance in North Carolina, securing the top spot for both men and women. With a remarkable MoneyGeek score of 97 for men and 96 for women, the company demonstrates exceptional comprehensive coverage. Male clients enjoy a monthly premium averaging $14, while women benefit from a slightly lower cost of $13 per month.
The top three highest MoneyGeek scores are:
Nationwide stands out as the leading provider of term life insurance in North Carolina for both men and women. Holding the highest MoneyGeek score of 97, Nationwide offers a monthly premium of approximately $14 for men and $13 for women.
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How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best whole life insurance companies in North Carolina:
We did not weigh affordability as we did not collect whole life insurance quotes. The company below has the highest score among the companies that offer whole life insurance policies.
State Farm distinctly leads as the provider of the best whole life insurance in North Carolina, boasting a MoneyGeek score of 99 for both men and women.
The top three highest MoneyGeek scores are:
State Farm, with a MoneyGeek score of 99, is the premier choice for the best whole life insurance in North Carolina for both men and women.
Pros:
Ensure you're getting the best rate for your life insurance. Compare quotes from top providers to find the most affordable life insurance coverage for your needs.
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best universal life insurance companies in North Carolina:
We did not weigh affordability as we did not collect universal life insurance quotes. The company below has the highest score among the companies that offer universal life insurance policies.
Nationwide is the top-ranked company for the best universal life insurance in North Carolina, earning the highest MoneyGeek score of 99 out of 100 for both men and women.
The top three highest MoneyGeek scores are:
Nationwide stands as the top choice for the best universal life insurance in North Carolina for both men and women, with an impeccable MoneyGeek score of 99.
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How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best no-medical-exam life insurance companies in North Carolina:
We did not weigh affordability as we did not collect no-medical-exam life insurance quotes. The company below has the highest score among the companies that offer life insurance policies without mandatory medical exams.
Nationwide is recognized as offering the best no-medical-exam life insurance in North Carolina for both men and women, garnering a MoneyGeek score of 99.
Other top insurance providers without mandatory medical exams in North Carolina include:
Nationwide stands out as the premier choice for the best no-medical-exam life insurance in North Carolina, catering to both men and women. With its MoneyGeek score of 99, it provides a seamless and reliable insurance experience.
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How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies for seniors in North Carolina:
We applied the same weighting factors as the term life insurance category; however, the persona for the quote was adjusted to reflect an age of 70 for a more accurate estimate.
Nationwide stands as the preeminent provider of the best term life insurance for seniors in North Carolina, securing the top spot for both men and women with a MoneyGeek score of 97. For men, the monthly premium is approximately $51, while for women, it is around $47.
Nationwide's high MoneyGeek score is indicative of its superior customer satisfaction, affordability and overall service quality.
| Nationwide | 1 | $51 | 97 |
| GEICO | 2 | $42 | 97 |
| Mutual of Omaha | 3 | $50 | 96 |
| State Farm | 4 | $88 | 94 |
| Protective | 5 | $58 | 93 |
| Allstate | 6 | $52 | 93 |
| Prudential | 7 | $62 | 93 |
| Transamerica | 8 | $60 | 92 |
| AAA | 9 | $88 | 90 |
| Haven | 10 | $97 | 89 |
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies in North Carolina for people who smoke:
We applied the same weighting factors as the term life insurance category; however, the persona for the quote was adjusted to reflect an active smoker for a more accurate estimate.
Mutual of Omaha stands out as the best term life insurance for smokers in North Carolina for both men and women, with a MoneyGeek score of 96 for men and 94 for women. The monthly premium cost is estimated at $28 for men and $25 for women.
The top position of Mutual of Omaha is attributed to its exceptional satisfaction and affordability scores.
| Mutual of Omaha | 1 | $28 | 96 |
| GEICO | 1 | $25 | 96 |
| Nationwide | 3 | $34 | 96 |
| Prudential | 4 | $25 | 95 |
| State Farm | 5 | $39 | 95 |
| Transamerica | 6 | $24 | 94 |
| Protective | 7 | $41 | 91 |
| Allstate | 8 | $38 | 91 |
| Haven | 9 | $50 | 90 |
| AAA | 10 | $52 | 89 |
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies in North Carolina for young adults:
We applied the same weighting factors as the term life insurance category; however, the persona for the quote was adjusted to reflect an age of 20 for a more accurate estimate.
Nationwide offers the best term life insurance for young adults in North Carolina with a MoneyGeek score of 97 for men and 97 for women. For men, the monthly premium is $9, while for women, it's slightly higher at $11.
Nationwide's top ranking can be attributed to its exemplary customer satisfaction and stability as well as its affordability and efficient processes.
| Nationwide | 1 | $9 | 97 |
| GEICO | 2 | $7 | 97 |
| Mutual of Omaha | 3 | $8 | 96 |
| Protective | 4 | $9 | 94 |
| State Farm | 5 | $15 | 94 |
| Allstate | 6 | $8 | 93 |
| Haven | 7 | $11 | 93 |
| Transamerica | 8 | $9 | 93 |
| Prudential | 9 | $12 | 92 |
| AAA | 10 | $13 | 92 |
| Bestow | 11 | $21 | 89 |
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best cheap term life insurance companies in North Carolina:
We applied the same weighting factors as the term life insurance category; however, the quote was adjusted to reflect a 10-year term with minimum coverage.
Allstate stands as the preeminent provider of the best cheap term life insurance in North Carolina for women, garnering a MoneyGeek score of 97, with monthly premiums approximately $9. On the other hand, GEICO takes the lead for men, with a MoneyGeek score of 97 and an estimated monthly premium of $10.
Both companies excel due to their exceptional combination of affordability, reliable customer service and financial stability, which are significant factors contributing to their MoneyGeek scores.
| GEICO | $10 | 97 |
| Mutual of Omaha | $13 | 96 |
| Nationwide | $14 | 96 |
| Allstate | $13 | 94 |
| Protective | $14 | 93 |
| Transamerica | $14 | 93 |
| State Farm | $24 | 89 |
| AAA | $21 | 89 |
| Prudential | $19 | 88 |
| Haven | $18 | 88 |
The average monthly premium for life insurance is $32 for women and $44 for men. Factors affecting this cost include the individual's health, lifestyle, occupation and the length of the insurance term.
In North Carolina, age and coverage amount further influence the average cost of life insurance. By understanding these elements, individuals can make better decisions about their insurance needs.
The top life insurance in North Carolina for men is offered by Nationwide.
Nationwide, rated as the best provider, offers a competitive monthly premium of approximately $18.
The best life insurance for women in North Carolina is offered by GEICO.
GEICO provides the optimal life insurance with a monthly premium of approximately $14, which can be considered an average cost.
About Mark Fitzpatrick
Mark Fitzpatrick is a senior content director at MoneyGeek with over five years of experience analyzing the insurance market, conducting original research and creating content that can be personalized for every buyer. He has been quoted on insurance topics in several publications, including CNBC, NBC News and Mashable.
Mark earned a master's degree in Economics and International Relations from Johns Hopkins University and a bachelor's degree from Boston College. He is passionate about using his economics and insurance knowledge to bring transparency around financial topics and help others feel confident in their money moves.
