Greensboro’s average car insurance cost is $434/year for minimum coverage. Full coverage includes comprehensive and collision coverage. $1,285 costs $1,285 North Carolina‘s low car insurance rates could be one reason most drivers have valid car insurance policies — only 7.4% are uninsured.
While rates are low, you might be able to get car insurance in Greensboro at a lower rate. Bankrate’s editorial team compiled a list of Greensboro’s best car insurance based on price, coverage options, and customer ratings. We partnered with Quadrant Information Services to collect the most current average premiums from each company. This data can be used to compare the offerings of different carriers and to help you choose the most cost-effective and affordable policy for your needs.
Greensboro’s best car insurance company
Greensboro residents have many choices for car insurance. However, some may find it overwhelming. To narrow down the top four best car insurers in Greensboro, we looked at customer ratings, coverage options and carrier discounts availability.
Geico is often ranked among the “best of” for its low rates and excellent customer service. Greensboro residents will be pleased to know that Geico’s average premiums are considerably lower than the city’s. Basic coverage costs $260 per annum, or just over $21 per monthly. Full coverage pays for your vehicle’s loss or damage on average for $780 per annum, which is far less than the basic coverage that some Americans pay.
State Farm is the second-cheapest local carrier and has strong local presence. If you have any questions about filing a claim, or need assistance deciding the right coverage amount, you might be able to stop by your local State Farm agent. There are 25 agents around the area that can help. State Farm offers a variety of discounts to lower your premiums. These include safe driver discounts, loyalty customer discounts, and good student discounts.
You may qualify for a discount even if your driving record is not perfect. Sign up for the Drive Safe & Save program to get a discount based upon your driving habits.
Erie Insurance is the top-rated J.D. Our list includes the Greensboro car insurers with the highest customer satisfaction ratings. The combination of the policy’s affordable price and the benefits it offers is one of the main reasons for positive reviews. Erie’s full-car insurance policy offers additional benefits free of charge, including medical coverage for your pet if they are hurt in an accident, and auto glass repair and locksmith services up to $75 per person if you are locked out of your vehicle.
Although Allstate isn’t the most expensive carrier on this list, the unique coverages it offers are worth noting. You can add on a number of additional coverages to protect your finances in the event you are involved in an accident. These add-ons include classic car, rideshare and sound system coverage. If you are planning on road trip to Mexico you can purchase supplemental car travel insurance. This will save you the trouble of trying to find a driver once you get South of the Border. You can purchase additional coverage for as long or as little as one year.
Greensboro has the lowest car insurance
Greensboro car insurance costs less than the annual $1,325 state tax. Rates can change based on factors such as your driving record, coverage level, vehicle, zip code and many other factors. Bankrate compared quotes from the top providers in the area based on market share in order to find the best car insurance companies.
For full coverage, drivers might look into Geico, State Farm Nationwide, Erie, and Allstate for quotes. All of these companies offer low rates for full-coverage car insurance. Allstate and State Farm both offer quality coverage for a reasonable price. They also offer more add-ons and options than average such as rideshare and gap insurance.
Greensboro Insurance requirements
Car insurance is required for all North Carolina drivers. If you have a lapsed coverage, your insurer must notify the North Carolina Department of Motor Vehicles. This could result in fines or a reinstatement fee. The minimum state requirements for coverage are:
- Each person is responsible for $30,000 in bodily injuries liability
- For each accident, $60,000 bodily injury liability
- $25,000 per accident for property damage liability
Remember that the minimums set by the state are unlikely to be sufficient to cover all damages resulting from an at-fault collision. It does not provide financial protection for your vehicle. Your lender may require that you have full car insurance if you own or lease your vehicle. This insurance adds to the state’s liability by covering your vehicle for damage through collision and comprehensive insurance.
Greensboro car insurance discount
Ask the carrier you select for any discounts that they may offer to get the best rates. These are some of the most common Greensboro car insurance discount codes:
- High school and college students with excellent grades may be eligible for lower rates.
- Safe driver: Drivers who aren’t cited, involved in accidents or have filed no claims often qualify for savings that can lower their car insurance premiums.
- Vehicle equipment: Insurance for newer models of vehicles with driver assistance technology, multiple airbags, and collision warning systems may be less expensive.
- Course on defensive driving: Your insurance company may approve you for a defensive driver course. This could help lower your rates.
Most providers offer safe driver discounts, which can have a significant impact on your Greensboro rates. Reduced accident risk may result in a lower premium.
Questions frequently asked
Which is the best Greensboro car insurance company?
Many reputable car insurers are available in Greensboro. Based on customer reviews and pricing, our findings revealed four standout businesses. Each driver might find other insurance companies based on their needs. You can get quotes from several providers to compare rates and conditions and find the best carrier for you.
What is the cost of Greensboro car insurance?
Greensboro’s average cost for car insurance is $434 per annum for minimum coverage, and $1,285 for full coverage. Rates can vary depending on which carrier you choose, how old you are, and your ZIP code.
What amount of Greensboro car insurance do you need?
North Carolina law requires that all drivers have liability insurance covering bodily injury up to $30,000 per person, $60,000 per accident, and $25,000 for property damage. Your carrier must report any lapses in your policy to the DMV.