Cary is located in North Carolina’s Raleigh-Durham region. It has an estimated population of 170,000. This vibrant town charges an average annual cost of $410 for minimum coverage, and $1165 for full coverage. This is far lower than the national average of $1674 for full-coverage car insurance.
Cary residents need adequate auto insurance to protect their financial interests in the event of an accident. Bankrate compared several insurance companies across the country to determine which ones offer affordable rates and provide a variety of policy options.
Cary’s best car insurance companies
To find the best Car Insurance Company in Cary, we analyzed a number of companies. These companies offer high customer satisfaction ratings and affordable standard coverage options.
Geico
Geico’s rates are among the lowest of all the companies that were analyzed by Bankrate or high J.D. Scores of Power customers satisfaction. Geico also receives a high rating for financial strength. It is awarded a A++ Superior Rating by AM Best. Geico offers the best discounts among these four. These include paperless statements and full payment of premiums.
State Farm
State Farm didn’t score the highest J.D. rating. The low rates might be reason enough to consider State Farm. State Farm offers many resources to help you manage your policy, including a highly-rated mobile app that will allow you to complete almost all of your tasks related to purchasing or obtaining a quote.
North Carolina Farm Bureau
Although North Carolina Farm Bureau might not offer the best discounts when compared to other organizations on the list, the rates are lower and the average score with J.D. is higher than the industry average. Its power makes it worth a second glance. The local carrier offers the lowest rates and has a higher customer service rating than other carriers with an 854 score out of 1000. This carrier is highly rated with an A rating by AM Best.
Erie
This regional carrier serves 12 states including North Carolina and has received the highest scores of all those reviewed by the J.D. Power score. You will love working with an agent. Erie’s customers enjoy a wide range of coverage options and discounts.
Cary has the lowest car insurance
Cary has a variety of insurance companies that offer cheap car insurance. Cary residents spend an average $410 per year for minimum coverage and $1165 for full coverage. However, many carriers are lower than this average. Geico, Nationwide, State Farm and Erie have lower average premiums.
This table shows the cheapest auto insurance rates for each of these four carriers, plus MetLife (now Farmers Insurance Group). Each carrier offers competitive rates as well as additional coverage options that go beyond what you would find with other carriers.
Cary insurance requirements
North Carolina drivers must have at least the minimum amount of auto coverage. This includes 30/60/25 in liability coverage and uninsured/underinsured motorist coverage.
- $30,000 bodily injury liability insurance per person
- $60,000 bodily injury liability coverage per incident
- $25,000 per accident property damage liability coverage
- $30,000 bodily injury coverage for uninsured motorists per person
- $60,000 bodily injury liability coverage for uninsured motorists per accident
- $25,000 uninsured/underinsured motorist property damage
While it might be tempting to buy only the minimum to keep your budget within reach, other entities may require you to purchase additional coverage. If you lease or finance your vehicle you will likely need to purchase collision and comprehensive coverage. In some cases, additional liability coverage may be required.
Car insurance discounts in Cary
North Carolina is one of the most affordable states for auto coverage. While Cary follows the state trend with rates, you may still want to get as many discounts as possible. You may also consider other ways to save such as:
- Bundling: You may be eligible for a discount if you have an existing homeowners or renters insurance policy.
- Safe driver: Depending on the feedback that you get, you might qualify for additional savings if you install a telematics or bluetooth device to monitor your driving habits.
- Paid in full: Paying your premiums one-time instead of making monthly payments can help you save money and avoid costly fees.
- Good grades: You may be eligible for lower premiums if you’re a student at one of the Cary universities or high schools.
There are many other options to save money, in addition to discounts. Higher deductibles will lower your premium because you are taking on more risk and agreeing that you will pay higher out-of pocket costs. Comparison shopping can help you find the best rate and coverage. There are many options and rates available, so it is important to compare different companies.
Questions frequently asked
Which is the best auto insurance company?
It is crucial to consider several factors when looking for the best Car insurance company. This will help you to determine what suits your needs and budget. It is important to consider factors such as customer service reviews and financial ratings. Also, look into coverage options, discounts, and other features. Bankrate also looked at a variety of carriers and concluded that Geico, USAA, and Amica were the best options for auto insurance.
What is the cost of Cary car insurance?
Cary’s average car insurance cost is $410 per year for minimum coverage, and $1165 for full coverage. Your exact quote will depend on many factors such as your zip code, age, driving record, and other personal factors. These variables can influence the price of your quote.