Tired of not being able to scrape enough together to pay insurance each month? You have the same problem as many other North Carolina drivers.

It's shocking but the vast majority of drivers have stayed with the same insurance company for over three years, and nearly the majority have never shopped around. North Carolina insurance shoppers can save about $90 each year just by getting comparison quotes, but they don't understand how simple it is to compare rate quotes.

Many insurers compete to insure your vehicles, so it can be very hard to choose a provider to find the absolute best price available on insurance.

If you currently have a car insurance policy, you will definitely be able to save money using these tips. Locating the most cost-effective auto insurance policy in Boone can be much easier if you know how to start. But North Carolina drivers do need to understand how the larger insurance companies determine prices.

To find cheaper prices, there are a couple of ways of comparing rates from lots of North Carolina insurance companies. By far the easiest way to compare insurance prices is to perform an online rate comparison.

Getting rate quotes online is very simple and it takes the place of having to waste gas driving to and from local Boone insurance agencies. Buying insurance online eliminates the middleman unless you prefer the guidance of an agent trained in personal lines coverage. Drivers can get prices online and get advice from an agent in your area.

Just remember that more quotes will improve the odds of getting a better price. Some insurance companies are not set up to provide quotes over the internet, so you need to compare prices from them, too.

The companies shown below are ready to provide price quotes in Boone, NC. If multiple providers are shown, we suggest you get price quotes from several of them to get the most affordable price.

Insurance Rates for Popular Vehicles in Boone
Make, Model, and Trim Level Annual Policy Premium 6-month Policy Premium Monthly Premium
Chevrolet Colorado LT Crew Cab 2WD $746 $373 $62
Chevrolet Equinox LTZ 2WD $938 $469 $78
Chevrolet Impala LS $712 $356 $59
Chevrolet Silverado LTZ Crew Cab 2WD $862 $431 $72
Dodge Grand Caravan CV $718 $359 $60
Dodge Ram Crew Cab ST 2WD $828 $414 $69
Ford Escape XLT 2WD $744 $372 $62
Ford Explorer Limited 2WD $764 $382 $64
Ford F-150 FX2 Super Cab 2WD $836 $418 $70
Ford Focus SEL 4-Dr Sedan $802 $401 $67
Honda Accord EX 2-Dr Coupe $736 $368 $61
Honda CR-V LX 2WD $490 $245 $41
Honda Civic LX 4-Dr Sedan $776 $388 $65
Honda Odyssey EX W/Rear Entertainment $866 $433 $72
Jeep Wrangler Sport Islander Package 4WD 2-Dr $770 $385 $64
Nissan Altima 2.5 S 4-Dr Sedan $792 $396 $66
Toyota Camry Hybrid $962 $481 $80
Toyota Corolla LE $696 $348 $58
Toyota Prius $734 $367 $61
Toyota RAV4 Limited 2WD $756 $378 $63
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Data based on single male driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and North Carolina minimum liability limits. Discounts applied include homeowner, safe-driver, multi-vehicle, claim-free, and multi-policy. Rate quotes do not factor in zip code location which can modify premiums noticeably.

Where to set your deductibles

When comparing auto insurance rates, the most common question is the level to set your comp and collision deductibles. The rates below lay out the costs and benefits of buying low and high insurance deductibles. The first set of rates uses a $250 physical damage coverage deductible and the second rate chart uses a $1,000 deductible.

Nissan Sentra rates are for example purposes only. To get rates for your specific vehicle, click here.

Nissan Sentra insurance policy rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Sentra 2 $168 $324 $250 $14 $74 $855 $71
Sentra 2.0 S $168 $382 $250 $14 $74 $913 $76
Sentra 2.0 SR $168 $382 $250 $14 $74 $913 $76
Sentra 2.0 SL $192 $382 $250 $14 $74 $937 $78
Sentra SE-R $192 $382 $250 $14 $74 $937 $78
Sentra SE-R SPEC V $192 $440 $250 $14 $74 $995 $83
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Nissan Sentra insurance policy rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Sentra 2 $104 $204 $250 $14 $74 $646 $54
Sentra 2.0 S $104 $240 $250 $14 $74 $682 $57
Sentra 2.0 SR $104 $240 $250 $14 $74 $682 $57
Sentra 2.0 SL $118 $240 $250 $14 $74 $696 $58
Sentra SE-R $118 $240 $250 $14 $74 $696 $58
Sentra SE-R SPEC V $118 $276 $250 $14 $74 $732 $61
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Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and North Carolina minimum liability limits. Discounts applied include multi-policy, homeowner, claim-free, safe-driver, and multi-vehicle. Information does not factor in specific Boone garaging location which can affect prices considerably.

Based on the data above, we can derive that using a $250 deductible costs roughly $19 more each month or $228 every year than buying the higher $1,000 deductible. Since you would pay $750 more if you file a claim with a $1,000 deductible as compared to a $250 deductible, if you tend to average at a minimum 39 months between claim filings, you would save money if you opt for a higher deductible. Below is the way you can make your own decision.

Average monthly premium for $250 deductibles: $77
Average monthly premium for $1,000 deductibles (subtract): - $58
Monthly savings from raising deductible: $19
Difference between deductibles ($1,000 - $250): $750
Divide difference by monthly savings: $750 / $19
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 39 months

An important sidenote is that a higher deductible level means you pay more out-of-pocket when you file a claim. You need some extra savings in the event you need to pay more for the deductible.

Best reasons to buy insurance in North Carolina

Despite the high cost, paying for insurance is required in North Carolina but also provides important benefits.

First, almost all states have minimum liability requirements which means you are required to carry specific limits of liability if you don't want to risk a ticket. In North Carolina these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.

Second, if you took out a loan on your vehicle, it's most likely the lender will make it a condition of the loan that you buy full coverage to guarantee payment of the loan. If you default on your policy, the bank may insure your vehicle at a significantly higher premium and require you to pay the higher price.

Third, insurance protects both your vehicle and your personal assets. It will also cover many types of medical costs that are the result of an accident. Liability insurance, one of your policy coverages, will also pay attorney fees if you are sued as the result of your driving. If your vehicle suffers damage from an accident or hail, comprehensive and/or collision insurance will cover the repair costs.

The benefits of carrying enough insurance definitely exceed the cost, especially when you need to use it. The average driver in America overpays as much as $825 a year so it's very important to do a rate comparison at least once a year to ensure rates are inline.

Get discounts on Boone auto insurance

Insuring your vehicles can cost a lot, but you might already qualify for some discounts that could drop your premiums quite a bit. Some discounts will apply at quote time, but a few need to be asked about before you will receive the discount.Auto insurance discounts

We need to note that most discounts do not apply to the overall cost of the policy. Most cut individual premiums such as liability and collision coverage. Even though it may seem like all those discounts means the company will pay you, it just doesn't work that way.

To see a list of providers who offer online auto insurance quotes in Boone, click here to view.

Car insurance coverages explained

Understanding the coverages of car insurance aids in choosing which coverages you need and proper limits and deductibles. The coverage terms in a policy can be difficult to understand and coverage can change by endorsement. Below you'll find typical coverages available from car insurance companies.

Comprehensive or Other Than Collision

Comprehensive insurance coverage will pay to fix damage OTHER than collision with another vehicle or object. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things such as fire damage, theft and vandalism. The most your car insurance company will pay is the cash value of the vehicle, so if the vehicle's value is low consider dropping full coverage.

Lowest and Highest Car Insurance Comprehensive Claims by Vehicle
Lowest Overall Losses Highest Overall Losses
Infiniti QX50 Bentley Continental GT
Smart ForTwo Bentley Continental GTC
Chevy Spark Maserati Quattroporte
Nissan Xterra BMW M6
GMC Sierra 2500 Audi S7
Chevy Silverado 2500 Mercedes-Benz S Class

Statistics from IIHS.org for 2013-2015 Model Years

Medical costs insurance

Personal Injury Protection (PIP) and medical payments coverage kick in for expenses such as hospital visits, chiropractic care and doctor visits. The coverages can be utilized in addition to your health insurance policy or if you do not have health coverage. It covers you and your occupants in addition to any family member struck as a pedestrian. Personal Injury Protection is not universally available and may carry a deductible

Medical Payment Coverage Claims by Manufacturer Model
Lowest Overall Losses Highest Overall Losses
Tesla Model S Chrysler 200
Ford Expedition Nissan Sentra
Ford F-350 SuperCrew Kia Forte
Chevrolet Silverado 2500 Nissan Versa
Chevrolet Corvette Hyundai Accent
Chevrolet Silverado 3500 Mitsubishi Lancer

Statistics from IIHS.org for 2013-2015 Model Years

UM/UIM Coverage

Your UM/UIM coverage gives you protection when other motorists are uninsured or don't have enough coverage. This coverage pays for injuries sustained by your vehicle's occupants as well as your vehicle's damage.

Since a lot of drivers have only the minimum liability required by law (North Carolina limits are 30/60/25), it doesn't take a major accident to exceed their coverage limits. That's why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Auto collision coverage

This pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. You will need to pay your deductible then your collision coverage will kick in.

Collision can pay for claims such as hitting a mailbox, colliding with another moving vehicle and driving through your garage door. Collision coverage makes up a good portion of your premium, so consider removing coverage from lower value vehicles. You can also bump up the deductible to save money on collision insurance.

Collision Claims by Vehicle
Lowest Overall Losses Highest Overall Losses
Smart ForTwo Bently Continental GTC
Mini Cooper BMW 6 Series
Jeep Wrangler BMW M6
GMC Canyon Bentley Continental Flying Spur
Ford F-150 SuperCrew Ferrari 458
Nissan Xterra Audi RS7

Statistics from IIHS.org for 2013-2015 Model Years

Coverage for liability

Liability insurance can cover injuries or damage you cause to other's property or people. Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see liability limits of 30/60/25 that means you have a limit of $30,000 per injured person, a per accident bodily injury limit of $60,000, and $25,000 of coverage for damaged propery.

Liability coverage pays for things like medical services, bail bonds, pain and suffering, structural damage and legal defense fees. How much liability should you purchase? That is a decision to put some thought into, but buy as large an amount as possible. North Carolina state law requires minimum liability limits of 30/60/25 but you should think about purchasing higher limits.

Manufacturer Models with the Lowest and Highest Bodily Injury Liability Claims
Lowest Overall Losses Highest Overall Losses
Acura MDX Chevrolet Cruze
Volvo XC60 Mitsubishi Mirage
Audi A6 Chevrolet Impala
Subaru Forester Kia Optima
Fiat 500 Chrysler 200
Chevrolet Corvette Chevrolet Sonic

Statistics from IIHS.org for 2013-2015 Model Years

How much can you save?

As you shop your coverage around, it's very important that you do not sacrifice coverage to reduce premiums. There are too many instances where drivers have reduced collision coverage and discovered at claim time that the few dollars in savings costed them thousands. Your strategy should be to buy enough coverage at a price you can afford, but do not skimp to save money.

Low-cost insurance in Boone can be sourced both online in addition to many Boone insurance agents, and you need to comparison shop both in order to have the best price selection to choose from. A few companies do not offer internet price quotes and usually these small, regional companies only sell through independent agents.

In this article, we presented some good ideas how to find cheaper coverage online. It's most important to understand that the more rate comparisons you have, the higher your chance of finding cheaper Boone auto insurance quotes. You may even be surprised to find that the best prices are with an unexpected company. These smaller insurers can often provide lower rates in certain areas compared to the large companies like Progressive and GEICO.

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