Best Auto Insurance Rates in Charlotte, North Carolina

On average your neighbors pay $54 a month.

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As one of the fastest growing cities in the country, it’s no surprise Charlotte, North Carolina has almost 200 distinct neighborhoods. And, with about 300 square miles contained in Charlotte’s borders, residents have to do a lot of driving. Whichever neighborhood you call home, we can help you get the cheapest car insurance rates possible.

Average Charlotte Car Insurance Rates

How much is car insurance in Charlotte, NC? Residents should be pleased to learn that for many drivers, average rates in Charlotte are lower than the national average. The average cost of auto insurance in North Carolina is $655.37 a year. The national average price is $889.01.

Prices will vary depending on your zip code, local crime, and the number of claims filed.

North Carolina (NC) Average Annual Car Insurance Rates
Coverage Rates
Liability $359.42
Collision $293.59
Comprehensive $136.08
Total Cost Per Year $655.37
Price Per Month $54.61
Source: Facts + Statistics: Auto insurance

The graph below shows the change in average North Carolina rates from 2011 to 2015, the most recent year the data is available. According to the III, North Carolina car insurance rates increased from $600 in 2011 to $655 in 2015, a jump of $55 dollars, or 9.22 percent.

North Carolina average car insurance rates

QuoteWizard helps Charlotte consumers compare quotes from both national insurance companies and local independent agents. Comparing quotes can help you find cheap car insurance rates near Charlotte, North Carolina and save up to 40% on your premium.

Last year, 14,730 people used QuoteWizard to compare car insurance quotes in Charlotte, NC from multiple companies and get the cheapest rates.

Best Car Insurance Companies in Charlotte, NC

This is our list of the most common car insurance companies reported by QuoteWizard users living in Charlotte, NC last year.

Other popular Charlotte car insurance companies: Travelers, Safeco, North Carolina Farm Bureau, Erie, Country Financial, 21st Century, Hartford, and American Family.

Top 10 Vehicles

These are the most common car makes and models owned by Charlotte, North Carolina drivers requesting quotes through QuoteWizard last year.

  1. Honda Accord EX/LX
  2. Acura ILX 20
  3. Acura MDX
  4. BMW 328i
  5. Honda Civic EX/DX
  6. Jeep Grand Cherokee Laredo
  7. Honda CR-V EX
  8. Toyota Camry LE/XLE/SE
  9. Audi A4 2.0 Premium - tie
  10. Audi A3 Progressive - tie
  11. Hyundai Sonata GLS

Minimum Car Insurance Requirements in Charlotte, NC

Charlotte, North Carolina has a minimum coverage requirement known as the 30/60/25 rule. This means each policy must include at least the following three components:

  • Individual Bodily Injury Liability (BIL): $30,000.
    The most your insurance company will pay for an individual person injured in a car accident. National minimums range from $10,000 to $50,000.
  • Total Bodily Injury Liability: $60,000.
    The maximum insurers will pay in total for every person injured in a car accident.
  • Property Damage Liability (PDL): $25,000.
    The total your insurer will pay for property damage caused by a car accident.

Charlotte Drivers

Allstate Insurance publishes an annual report ranking US cities on driver safety. Charlotte’s performance was mediocre in the most recent report at the time of this writing, ranking 147th out of 200 cities. While most US drivers go ten years without having an accident, drivers here are involved in crashes every 7.7 years.

Driving Conditions

Several factors that affect insurance rates are the weather and road conditions.


Charlotte has a humid subtropical climate with four distinct seasons, including cool but short winters. Summers are hot and humid with the mercury hitting at least 90 degrees 44 days each year, on average. Rain falls evenly throughout the year, averaging 41.63 inches. Charlotte averages only 3.9 inches of snow each year. Ice storms and sleet are a more common threat to drivers in the winter.

Road Conditions

Charlotte roads are in poor shape and getting worse thanks to shrinking street maintenance budgets. The increasing number of potholes is especially troubling because of the damage they can cause, some of which is severe enough to warrant an insurance claim.

According to TRIP, 39% of the major roads in the greater Charlotte area are in either poor or mediocre condition. The TRIP report also reports that the poor condition of Charlotte city streets costs drivers an additional $400 a year due to higher vehicle operating costs, car accidents, and traffic congestion.

Traffic Congestion

TomTom ranks Charlotte 43rd for worst traffic congestion in the US. The result is that commuters spend an extra 22 minutes per hour stuck in traffic for every 60 minutes spent commuting during peak hour and an extra 84 hours a year for commutes lasting 30 minutes.

In another study, the Texas A&M Transportation Institute (TTI) ranked Charlotte 25th in the nation for yearly delays. According to the TTI study, Charlotte residents each spend an extra 40 hours a year stuck in traffic congestion and waste 20 gallons of fuel annually. The total cost per commuter is $898 per year.

Moving Violations

Moving violations like speeding tickets, accidents, and drunk driving will give you a bad driving record and higher insurance rates.

Traffic Tickets

The Charlotte-Mecklenburg Police Department web page allows you to negotiate speeding tickets and resolve compliance citations. This web page allows you to plead guilty to traffic tickets and pay citations.

SR-22 DWI Insurance

A DWI conviction may require you to obtain an SR-22 form. Request a quote and we'll will connect you with local agents from top companies that specialize in Charlotte DWI insurance.

Car Accident Statistics

North Carolina DOT reported 39,602 car crashes in Charlotte in 2016. These accidents resulted in 18,010 injuries. 1,068 of these crashes involved alcohol.

Traffic Fatalities

Charlotte reported 85 deaths in motor vehicle crashes in 2016; alcohol was involved in 28 of the 62 fatalities. Alcohol was a factor in 38 of the 62 fatalities.

All traffic deaths are a tragic loss, but considering Charlotte’s estimated population of 842,051 this is still a safe city in terms of traffic fatalities per capita.

Vehicle Theft Rates

Charlotte police reported 2,761 vehicle thefts in 2016. This is a rate of 3.08 thefts per 1,000 residents.

Car Insurance Discounts

Are you looking for more affordable car insurance? Discounts are one of the best ways for drivers to lower their rates. These are some of the many auto insurance discounts available to drivers in Charlotte, NC.

  1. Auto theft is becoming a problem in Charlotte. Adding anti-theft devices or systems is a great way to protect your car and earn an insurance discount.
  2. Charlotte is a very popular retirement spot. If you’re 55 or older and retired, ask your agent if they have a senior or retiree discount..
  3. If you have more than one insurance policy, you can knock 20 percent off your rates if you bundle your policies with one company.
  4. Charlotte has 30 colleges and universities in its city limits. If you’re attending any of them, see if you qualify for a good student discount. And if you have a degree, you may qualify for a college grad discount.
  5. The average Charlotte household owns two cars. If you’re one of them, you may qualify for a multi-car discount.

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