Locating the cheapest insurance for a car in North Carolina can turn out to be a lot of work, but you can use these tips to find lower rates.
There is a better way to find auto insurance online so you're going to learn the absolute fastest way to price shop coverage for a and obtain the lowest price from Greenville insurance agents and online providers.
Cutting your Greenville insurance rates is an easy way to save money. The only thing you need to do is invest a few minutes to compare rate quotes from different insurance companies.
The providers in the list below are ready to provide comparison quotes in North Carolina. If the list has multiple companies, we recommend you visit two to three different companies in order to find the cheapest rates.
|Make, Model, and Trim Level||Annual Policy Premium||6-month Policy Premium||Monthly Premium|
|Chevrolet Colorado LT Extended Cab 2WD||$640||$320||$53|
|Chevrolet Impala LS||$580||$290||$48|
|Chevrolet Malibu Hybrid||$754||$377||$63|
|Chevrolet Silverado LS Regular Cab 2WD||$730||$365||$61|
|Dodge Ram Quad Cab Laramie 2WD||$766||$383||$64|
|Ford Edge Sport 2WD||$906||$453||$76|
|Ford Escape XLS 2WD||$632||$316||$53|
|Ford Explorer Limited AWD||$604||$302||$50|
|Ford F-150 Lariat King Ranch 4WD||$984||$492||$82|
|Ford Focus SES 4-Dr Sedan||$866||$433||$72|
|Honda Accord LX 4-Dr Sedan||$836||$418||$70|
|Honda CR-V LX 2WD||$588||$294||$49|
|Honda Civic EX 2-Dr Coupe||$930||$465||$78|
|Kia Optima SX||$856||$428||$71|
|Nissan Altima 3.5 SR 4-Dr Sedan||$898||$449||$75|
|Toyota Camry LE||$736||$368||$61|
|Toyota Corolla XLE||$876||$438||$73|
|Volkswagen Jetta S 2.5 Station Wagon||$610||$305||$51|
|Get Your Own Custom Quote Go|
Prices based on single female driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and North Carolina minimum liability limits. Discounts applied include safe-driver, claim-free, multi-vehicle, homeowner, and multi-policy. Prices do not factor in garaging location in Greenville which can revise premiums substantially.
Physical damage deductible comparison
One frequently asked question is where should you set your physical damage deductibles. The tables below show the cost difference when you choose different physical damage coverage deductibles. The first price estimate table uses a $250 comprehensive and collision deductible and the second price grid uses a $1,000 deductible.
Toyota Camry 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|
|Get a Quote for Your Vehicle Go|
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Get a Quote for Your Vehicle Go|
Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and North Carolina minimum liability limits. Discounts applied include safe-driver, homeowner, multi-vehicle, claim-free, and multi-policy. Premium costs do not factor in vehicle location which can modify insurance rates significantly.
Using the premium rates above, we can conclude that using a $250 deductible costs about $19 more each month or $228 for a full year than quoting the higher $1,000 deductible. Due to the fact that you would have to pay $750 more to settle a claim with a $1,000 deductible as compared to a $250 deductible, if you normally average at a minimum 39 months between claims, you would save more money if you elect the higher deductible.
Calculate savings of higher deductibles
|Average monthly premium for $250 deductibles:||$78|
|Average monthly premium for $1,000 deductibles (subtract):||- $59|
|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|
Raise deductibles and save
The information below illustrates how your deductible choice and can raise or lower Ford F-150 premium costs for different age groups. The premiums are based on a single female driver, full physical damage coverage, and no discounts are factored in.
Ford F-150 rates are for example purposes only. To get rates for your specific vehicle, click here.
Liability-only rates compared to full coverage
The chart below examines Ford Fusion car insurance costs when comparing full coverage to liability only. The rate quotes are based on a clean driving record, no claims, $1,000 deductibles, single male driver, and no policy discounts are applied.
Ford Fusion rates are for example purposes only. To get rates for your specific vehicle, click here.
When to stop buying comprehensive and collision coverage
There isn't a written rule of when to exclude full coverage on your policy, but there is a general convention. If the yearly cost of comp and collision coverage is 10% or more of the vehicle's replacement cost less your deductible, then you may want to consider only buying liability coverage.
For example, let's assume your Ford Fusion replacement cost is $8,000 and you have $1,000 policy deductibles. If your vehicle is severely damaged, you would only receive $7,000 after paying your policy deductible. If premium cost is more than $700 annually for full coverage, then you may want to consider only buying liability coverage.
There are some scenarios where removing full coverage is not a good idea. If you haven't paid off your loan, you are required to maintain full coverage in order to keep the loan. Also, if you can't afford to buy a different vehicle if your current one is damaged, you should not opt for liability only.
Take advantage of every insurance discount
Auto insurance companies don't always list their entire list of discounts in a way that's easy to find, so we researched a few of the more well known in addition to some of the lesser obvious discounts that you can inquire about if you buy Greenville auto insurance online. If you do not check that you are getting every discount possible, you could be getting lower rates.
- Cautious Driver Discounts - Drivers without accidents can save as much as half off their rates as compared to drivers with claims.
- Driver Safety - Participating in a defensive driving course may get you a small discount if you qualify.
- Braking Control Discount - Cars, trucks, and SUVs that have steering control and anti-lock brakes can avoid accidents and qualify for as much as a 10% discount.
- Anti-theft System - Anti-theft and alarm system equipped vehicles are stolen less frequently and that can save you a little bit as well.
- Policy Bundle Discount - If you can bundle your auto and homeowners insurance with the same insurance company you may earn up to 20% and get you affordable Greenville auto insurance.
- Buy New and Save - Adding a new car to your policy can be considerably cheaper because newer models keep occupants safer.
- Student Driver Training - Reduce the cost of insurance for teen drivers by having them successfully complete driver's ed class in school or through a local driver safety program.
- Driving Data Discount - Insureds who allow driving data submission to spy on driving habits by installing a telematics device such as Progressive's Snapshot and State Farm's In-Drive could see a rate decrease if they are good drivers.
- Paperwork-free - A few larger online companies provide a small discount for completing your application on their website.
- Sign Early and Save - A few insurance companies offer discounts for buying a new policy before your current coverage expires. This can save 10% or more.
Consumers should know that most credits do not apply to the whole policy. Most only reduce the price of certain insurance coverages like comprehensive or collision. Despite the fact that it seems like all those discounts means the company will pay you, company stockholders wouldn't be very happy.
Some of the larger companies that have these money-saving discounts include:
If you need lower rates, check with all the companies which discounts can lower your rates. Some discounts listed above might not be available to policyholders everywhere.
Why auto insurance is not optional
Despite the fact that auto insurance is not cheap in Greenville, auto insurance serves several important purposes.
- The majority of states have mandatory insurance requirements which means you are required to buy a specific minimum amount 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.
- If you have a lien on your vehicle, most banks will stipulate that you buy full coverage to ensure loan repayment if the vehicle is totalled. If you cancel or allow the policy to lapse, the bank or lender will purchase a policy for your vehicle at an extremely high rate and make you pay the higher premium.
- Insurance protects both your assets and your vehicle. It also can pay for medical transport and hospital expenses for yourself as well as anyone injured by you. Liability insurance will also pay to defend you if you are named as a defendant in an auto accident. If your vehicle gets damaged, collision and comprehensive (also known as other-than-collision) coverage will pay all costs to repair after the deductible has been paid.
The benefits of carrying adequate insurance more than cancel out the cost, particularly when you have a large claim. In a recent study of 1,000 drivers, the average customer is overpaying more than $820 a year so you should quote your policy with other companies at least once a year to be sure current rates are still competitive.
Don't assume everyone needs the same auto insurance coverage
When it comes to buying adequate coverage, there really is not a best way to insure your cars. You are unique.
For example, these questions can aid in determining whether you might need professional guidance.
- Do I need PIP (personal injury protection) coverage in North Carolina?
- Am I covered if I crash into my own garage door?
- What vehicles should carry emergency assistance coverage?
- Why does it cost so much to insure a teen driver in Greenville?
- How do I insure my teen driver?
- Should I pay a claim out-of-pocket?
- Do I need replacement cost coverage on my vehicle?
If it's difficult to answer those questions but you know they apply to you, you might consider talking to a licensed agent. To find lower rates from a local agent, simply complete this short form. It only takes a few minutes and you can get the answers you need.
Auto insurance quotes from local Greenville insurance agencies
Some people prefer to visit with an insurance agent. Professional insurance agents are trained to spot inefficiencies and give you someone to call. One of the great benefits of comparing insurance prices online is that drivers can save money and get the lowest rates and still have an agent to talk to. And providing support for neighborhood insurance agencies is important particularly in Greenville.
After completing this form (opens in new window), your coverage information is immediately sent to local insurance agents that provide free Greenville auto insurance quotes to get your business. It makes it easy because there is no need to contact an agency since price quotes are sent immediately to your email address. If for some reason you want to compare rates from a specific auto insurance provider, just search and find their rate quote page and give them your coverage information.
Choosing the best company needs to be determined by more than just a cheap quote. Some important questions to ask are:
- Which companies do they recommend if they are an independent agency?
- If your car is totalled, how to they determine the replacement cost?
- Where would glass claims be handled in Greenville?
- Do they get extra compensation for selling add-on coverages?
- Are you getting all the discounts the company offers?
- Do they offer claims assistance after hours?