There isn't a single person who enjoys paying for auto insurance, especially knowing they could find lower prices if they just compared rates.
A recent survey discovered that nearly 70% of North Carolina drivers renewed their policy with the same company for at least four years, and just short of a majority have never quoted rates to find cheaper coverage. Consumers in the U.S. can save hundreds of dollars each year, but most just don't grasp the large savings they would see if they switched to a cheaper policy.
With drivers having so many online and local companies to choose from, it can be diffult for people to choose a lower cost insurance company.
Cheaper rates by taking advantage of these five discounts
Insurance can be prohibitively expensive, but there are discounts available that can drop the cost substantially. Certain discounts will be triggered automatically when you complete an application, but less common discounts must be specifically requested before you will receive the discount. If they aren't giving you every credit available, you are just wasting money.
- Defensive Driver - Taking part in a defensive driver course could earn you a small percentage discount and easily recoup the cost of the course.
- Military Discounts - Being deployed with a military unit may lower your rates slightly.
- Life Insurance Discount - Not every insurance company offers life insurance, but if they do you may earn lower premium rates if you buy life insurance.
- Seat Belts Save - Drivers who require all occupants to buckle up before driving may be able to save a few bucks on the medical payments or PIP coverage costs.
- Discount for Good Grades - Getting good grades may save as much as 25% on a Cary auto insurance quote. You can use this discount normally up until you turn 25.
One last thing about discounts, most discounts do not apply to all coverage premiums. Most only cut specific coverage prices like physical damage coverage or medical payments. If you do the math and it seems like you would end up receiving a 100% discount, car insurance companies aren't that generous. But all discounts should definitely cut the cost of your policy.
A partial list of companies that possibly offer these discounts include:
When getting free Cary auto insurance quotes, it's a good idea to each company or agent to apply every possible discount. Some discounts might not be offered in your area. To see insurance companies who offer cheap car insurance quotes in Cary, click this link.
Cheap Cary car insurance price quotes online
Just keep in mind that comparing more rates from different companies will enable you to find the best rates. Not every company provides price estimates online, so it's recommended that you also compare rates from them, too.
The companies in the list below are our best choices to provide price quotes in Cary, NC. If multiple providers are shown, we suggest you compare several of them to get a more complete price comparison.
|Make, Model, and Trim Level||Annual Policy Premium||6-month Policy Premium||Monthly Premium|
|Chevrolet Colorado LT Extended Cab 2WD||$756||$378||$63|
|Chevrolet Silverado LTZ Crew Cab 4WD||$820||$410||$68|
|Dodge Grand Caravan Crew||$854||$427||$71|
|Dodge Ram Quad Cab SLT 2WD||$1,072||$536||$89|
|Ford Edge Limited 2WD||$734||$367||$61|
|Ford Escape XLT 4WD||$740||$370||$62|
|Ford F-150 XLT Super Cab 2WD||$998||$499||$83|
|Ford Focus SES 4-Dr Sedan||$802||$401||$67|
|GMC Sierra Denali Crew Cab 2WD||$1,028||$514||$86|
|Honda Accord EX 2-Dr Coupe||$840||$420||$70|
|Honda CR-V EX-L 4WD||$558||$279||$47|
|Honda Civic EX-L 4-Dr Sedan||$964||$482||$80|
|Hyundai Elantra SE 4-Dr Sedan||$820||$410||$68|
|Jeep Grand Cherokee Limited 4WD||$692||$346||$58|
|Nissan Altima 3.5 SR 2-Dr Coupe||$790||$395||$66|
|Nissan Rogue S 2WD||$734||$367||$61|
|Toyota Camry XLE||$622||$311||$52|
|Toyota Corolla S||$818||$409||$68|
|Get Your Own Custom Quote Go|
Data assumes single female driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and North Carolina minimum liability limits. Discounts applied include multi-vehicle, safe-driver, homeowner, claim-free, and multi-policy. Price estimates do not factor in garaging location in Cary which can raise or lower coverage prices substantially.
One frequently asked question is where should you set your physical damage deductibles. The comparisons below show the price difference when you select higher and lower comp and collision deductibles. The first data table uses a $250 physical damage deductible and the second price grid uses a $500 deductible.
Honda Civic rates are for example purposes only. To get rates for your specific vehicle, click here.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Civic DX 4-Dr Sedan||$168||$324||$250||$14||$74||$855||$71|
|Civic VP 4-Dr Sedan||$168||$382||$250||$14||$74||$913||$76|
|Civic LX 4-Dr Sedan||$168||$382||$250||$14||$74||$913||$76|
|Civic DX 2-Dr Coupe||$168||$382||$312||$18||$94||$999||$83|
|Civic EX 4-Dr Sedan||$168||$382||$250||$14||$74||$913||$76|
|Civic LX-S 4-Dr Sedan||$168||$382||$250||$14||$74||$913||$76|
|Civic LX 2-Dr Coupe||$168||$440||$312||$18||$94||$1,057||$88|
|Civic EX-L 4-Dr Sedan||$192||$440||$250||$14||$74||$995||$83|
|Civic SI 4-Dr Sedan||$192||$440||$250||$14||$74||$995||$83|
|Civic EX 2-Dr Coupe||$192||$440||$312||$18||$94||$1,081||$90|
|Civic GX 4-Dr Sedan||$192||$440||$250||$14||$74||$995||$83|
|Civic EX-L 2-Dr Coupe||$192||$440||$312||$18||$94||$1,081||$90|
|Civic Hybrid 4-Dr Sedan||$218||$382||$250||$14||$74||$963||$80|
|Civic SI 2-Dr Coupe||$218||$498||$312||$18||$94||$1,165||$97|
|Get a Quote for Your Vehicle Go|
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Civic DX 4-Dr Sedan||$136||$262||$250||$14||$74||$736||$61|
|Civic VP 4-Dr Sedan||$136||$308||$250||$14||$74||$782||$65|
|Civic LX 4-Dr Sedan||$136||$308||$250||$14||$74||$782||$65|
|Civic DX 2-Dr Coupe||$136||$308||$312||$18||$94||$868||$72|
|Civic EX 4-Dr Sedan||$136||$308||$250||$14||$74||$782||$65|
|Civic LX-S 4-Dr Sedan||$136||$308||$250||$14||$74||$782||$65|
|Civic LX 2-Dr Coupe||$136||$354||$312||$18||$94||$914||$76|
|Civic EX-L 4-Dr Sedan||$156||$354||$250||$14||$74||$848||$71|
|Civic SI 4-Dr Sedan||$156||$354||$250||$14||$74||$848||$71|
|Civic EX 2-Dr Coupe||$156||$354||$312||$18||$94||$934||$78|
|Civic GX 4-Dr Sedan||$156||$354||$250||$14||$74||$848||$71|
|Civic EX-L 2-Dr Coupe||$156||$354||$312||$18||$94||$934||$78|
|Civic Hybrid 4-Dr Sedan||$176||$308||$250||$14||$74||$822||$69|
|Civic SI 2-Dr Coupe||$176||$402||$312||$18||$94||$1,002||$84|
|Get a Quote for Your Vehicle Go|
Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, and North Carolina minimum liability limits. Discounts applied include claim-free, homeowner, multi-vehicle, safe-driver, and multi-policy. Rates do not factor in zip code location which can raise or lower premium rates substantially.
Based on the figures above, using a $250 deductible will cost you approximately $11 more each month or $132 annually than selecting the higher $500 deductible. Because you would pay $250 more to file a claim with a $500 deductible as compared to a $250 deductible, if you usually have at least 23 months between claim filings, you would save more money going with the higher deductible.
Annual premiums for males compared to females
The information below illustrates the comparison of insurance prices for male and female drivers in Cary. The costs are based on no driving violations, no at-fault accidents, full coverage, $250 deductibles, drivers are not married, and no policy discounts are applied on a Ford Focus SES.
Ford Focus rates are for example purposes only. To get rate quotes for your specific vehicle, click here.
Physical damage deductibles
The diagram below highlights how deductible choice and can raise or lower Ford F-150 premium costs for each different age category. The rates are based on a married male driver, full physical damage coverage, and no discounts are applied to the premium.
Ford F-150 rates are for example purposes only. To get rates for your specific vehicle, click here.
You may need help from an insurance agent
Many drivers would rather go talk to an agent and we recommend doing that The biggest benefit of comparing rate quotes online is you may find the lowest rates and still have a local agent. Supporting neighborhood agents is still important in Cary.
For easy comparison, once you complete this quick form, your insurance coverage information is immediately sent to agents in your area who will return price quotes and help you find cheaper coverage. It simplifies rate comparisons since you won't have to search for any insurance agencies since price quotes are sent to the email address you provide. It's the lowest rates without a big time investment. If you want to quote rates from a specific insurance company, feel free to search and find their rate quote page and fill out the quote form the provide.
Deciding on an provider is decision based upon more than just a cheap price quote. Any good agent in Cary should know the answers to these questions.
- Does the quote include credit and driving reports?
- Is there a 24/7 contact number?
- By raising physical damage deductibles, how much would you save?
- Do they make recommendations based only on price?
- Has the agent ever had any license suspensions?
- Do they feel the quoted coverages are adequate?
- Do clients work directly with the agent or are most inquiries handled by a CSR?
- Do they get extra compensation for selling add-on coverages?
Once you have received good feedback to any questions you may have and an acceptable price quote, most likely you have located an insurer that will insure your vehicles. But keep in mind consumers can cancel coverage whenever you wish so never assume you are locked into a policy indefinitely.
Protect your vehicle and other assets
Despite the high insurance cost in Cary, car insurance may be required for several reasons.
- Almost all states have mandatory liability insurance requirements which means the state requires a minimum amount of liability insurance if you want to drive legally. 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.
- If you took out a loan on your vehicle, almost all lenders will make it mandatory that you have full coverage to guarantee payment of the loan. If the policy lapses, the bank may insure your vehicle at a much higher rate and require you to fork over for it.
- Insurance protects not only your car but also your financial assets. Insurance will also pay for medical transport and hospital expenses for both you and anyone you injure as the result of an accident. Liability coverage also covers legal expenses if you are sued as the result of an accident. If your car is damaged in a storm or accident, comprehensive (other-than-collision) and collision coverage will pay to have it repaired.
The benefits of insuring your car are without a doubt worth the cost, particularly if you ever have a claim. Despite what companies tell you, the average driver is currently overpaying as much as $865 each year so it's recommended you shop around once a year at a minimum to be sure current rates are still competitive.
Insurance coverage considerations
Understanding the coverages of your insurance policy can help you determine which coverages you need for your vehicles. The coverage terms in a policy can be confusing and even agents have difficulty translating policy wording. Below you'll find typical coverages found on the average insurance policy.
This protects you from damages or injuries you inflict on people or other property in an accident. Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You might see limits of 30/60/25 that translate to a $30,000 limit per person for injuries, a per accident bodily injury limit of $60,000, and $25,000 of coverage for damaged propery. Another option is one number which is a combined single limit which limits claims to one amount and claims can be made without the split limit restrictions.
Liability coverage protects against claims like legal defense fees, loss of income, attorney fees and bail bonds. The amount of liability coverage you purchase is a personal decision, but buy higher limits if possible. North Carolina state law requires minimum liability limits of 30/60/25 but you should think about purchasing higher limits.
UM/UIM (Uninsured/Underinsured Motorist) coverage
This coverage protects you and your vehicle when other motorists either have no liability insurance or not enough. Covered losses include injuries to you and your family as well as damage to your vehicle.
Since many North Carolina drivers carry very low liability coverage limits (North Carolina limits are 30/60/25), their liability coverage can quickly be exhausted. So UM/UIM coverage is important protection for you and your family. Normally the UM/UIM limits are similar to your liability insurance amounts.
Comprehensive auto coverage
Comprehensive insurance coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. A deductible will apply and then insurance will cover the rest of the damage.
Comprehensive coverage protects against claims like vandalism, hail damage, falling objects and fire damage. The maximum amount you can receive from a comprehensive claim is the ACV or actual cash value, so if it's not worth much more than your deductible consider dropping full coverage.
Collision coverage pays for damage to your vehicle caused by collision with a stationary object or other vehicle. A deductible applies and the rest of the damage will be paid by collision coverage.
Collision coverage protects against things such as colliding with a tree, backing into a parked car, sideswiping another vehicle and rolling your car. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from older vehicles. You can also raise the deductible in order to get cheaper collision rates.
Medical payments and PIP coverage
Med pay and PIP coverage pay for immediate expenses like ambulance fees, doctor visits, pain medications, chiropractic care and dental work. They are often utilized in addition to your health insurance policy or if you do not have health coverage. Coverage applies to not only the driver but also the vehicle occupants in addition to being hit by a car walking across the street. Personal Injury Protection is only offered in select states but can be used in place of medical payments coverage
You can find cheaper coverage
Discount auto insurance in Cary can be sourced online as well as from independent agents in Cary, and you should compare rates from both to have the best selection. Some auto insurance companies may not provide rate quotes online and these smaller providers work with independent insurance agents.
When shopping online for auto insurance, it's not a good idea to buy less coverage just to save a little money. In many instances, consumers will sacrifice full coverage to discover at claim time that they should have had better coverage. Your goal should be to buy the best coverage you can find for the lowest cost, but do not skimp to save money.
More information is located at the links below