In 2020, there were 8,878 car accidents in High Point, North Carolina. Car insurance is required to protect your financial obligations in the event that you are involved in a car accident. Car insurance in High Point costs an average of $434 per year for minimum coverage, and $1271 for complete coverage. Based on the average rates offered by Quadrant Information Services and discounts, we have highlighted our top picks for High Point car insurance. Ratings of power.
High Point’s best car insurance companies
High Point drivers should look into Erie, State Farm and Geico for the best car insurance. These four providers are some of the best car insurance companies in North Carolina. They offer affordable rates, great discounts and good coverage options.
Geico
Based on our sample quotes, Geico offers some of the cheapest car insurance in High Point. The premiums for most drivers are lower than the citywide average. Geico also offers a number of discounts that can be used to further reduce your costs. Geico offers discounts for military personnel, federal employees, federal employees, good student, employer/membership group, and others.
State Farm
State Farm holds more than 16% of the total market share, making it the largest car insurance company in the country. State Farm is an excellent option for High Point drivers looking to receive lower rates and take advantage of discounts. State Farm also offers safe driver rewards programs, such as Drive Safe & Save – which is available to drivers over 25. State Farm offers the best multi-policy discounts of all providers that we have reviewed.
Erie
J.D. consistently rates Erie highly. Power for overall customer satisfaction. This company is well-known for its low rates and extensive coverage. Drivers have the option to add accident forgiveness, disappearing deductibles, new car replacement coverage and pet injury coverage to their car insurance policies. There are also other perks like a rate lock guarantee, rate lock guarantee, and rate lock guarantee. Erie offers standard discounts as well.
Allstate
Although the insurance rates offered by Allstate in High Point are higher than average, there are many discounts that can help you obtain a lower rate. Allstate can offer savings by insuring a brand new vehicle, enrolling AutoPay, being responsible payer, smart student, and many other things. Allstate offers several endorsements that allow you to customize your coverage. These include new car replacement, accident forgiveness and roadside assistance.
High Point has the lowest car insurance
High Point drivers pay less for full coverage than the average North Carolina driver but pay more for minimal coverage. For comparison, the average cost of car insurance in North Carolina is $1,325 per year for a full coverage policy.
It can help you to compare the rates of different providers when shopping for car insurance. Keep in mind, however, that car insurance rates can vary from one person to another. We have included, for comparison purposes, a table showing the average car insurance rates in High Point at the most popular carriers. This is based on market share.
The cheapest car insurance companies in North Carolina offer the lowest rates, but they each have pros and cons. It is important to consider other factors when shopping for insurance, even if your budget is tight.
Erie, Allstate, and Nationwide offer the ability to personalize your policy with endorsements. Geico and State Farm offer limited coverage options. All five providers offer substantial savings if you’re looking for discounts. You will need to check the discounts offered by each provider to determine which one you are eligible for.
These providers offer a wide range of third-party ratings. J.D. In J.D. Power’s latest auto insurance study, State Farm and Erie were rated above average for the Southeast region. Geico, Allstate, and Nationwide were not rated above average. This could indicate that the customer experience might be less satisfactory.
High Point Insurance requirements
High Point has a law requiring car insurance. Drivers must carry at least 30/60/25 personal liability insurance, as well as uninsured and underinsured motorist coverage, which includes the following coverages:
- $30,000 bodily injury liability per individual
- $60,000 bodily injury liability per incident
- $25,000 per accident property damage liability
- $30,000 bodily injury liability for uninsured motorists per person
- $60,000 bodily injury liability for an uninsured motorist per accident
- $25,000 per accident uninsured motorist property loss liability
- $30,000 bodily injury liability for an underinsured motorist per person
- $60,000 bodily injury liability for an underinsured motorist per accident
A bond, $85,000 deposit with the state treasurer or a certificate of self insurance (only if more than 25 cars registered) can also satisfy the financial responsibility law.
High Point drivers can legally drive on the roads with minimum coverage. There is no guarantee that the minimum coverage policy will cover all your financial obligations in the event you are involved in an accident. Lenders often require drivers with auto loans or leases to have full coverage, which includes collision and comprehensive coverage.
High Point car insurance discounts
High Point car insurance discounts can be found at most insurance companies. Keep in mind, however, that each provider offers different savings. These are some of the discounts that you can receive in High Point
- Get a full discount when you pay in fullYou may be eligible for a small discount if you pay your annual premium in one lump sum.
- Good student discount:Students who have a minimum grade point average (usually ‘B’) or higher may be eligible for a discount.
- Claim-free discount:It may be possible to receive a discount on your premium if you don’t have any recent claims or injuries.
- AutoPay Discount:Automatic payments can be a great way to save a little on your insurance premium.
You should know that car insurance discounts have different savings potential. These discounts are not the only ones. High Point drivers may also be able to get a lower rate if they improve their credit or increase their deductible.
Questions frequently asked
Which is the best auto insurance company?
The best car insurance company is different for each driver, which is why it is important to compare providers using your own personal criteria. You can start your search by looking at providers like Nationwide, USAA, Allstate, Geico, and Amica that have received high marks from Bankrate.
What amount of car insurance do you need in High Point
High Point drivers are required to have minimum liability insurance. They also need to be covered for uninsured or underinsured motorists. You might also consider increasing your coverage to provide more protection or upgrading to full coverage policies that include collision and comprehensive.