On average your neighbors pay $54 a monthSee Your Rates
Greensboro, known as ‘The Gate City’, is North Carolina’s third largest city. If you’re a Greensboro driver looking to get great auto insurance rates, we can help you. This page covers Greensboro car insurance companies, rates, laws, and stats.
How much is car insurance in Greensboro? You’ll be pleased to learn that for many drivers, average insurance premiums here are lower than the national average. The average cost of auto insurance in Greensboro is $655.37 a year. The national average price is $889.01.
Your rate can vary based on your coverage, driving record, and number of claims in your zip code.
|Total Cost Per Year||$655.37|
|Price Per Month||$54.61|
|Source: Facts + Statistics: Auto insurance|
The graph below shows the change in average rates from 2011 to 2015, the most recent year the data is available. According to the Insurance Information Institute, North Carolina car insurance rates increased from $600 in 2011 to $655 in 2015, a jump of $55 dollars, or 9.22 percent.
Shopping for car insurance can seem like a lot of work. From researching companies to comparing rates, it’s easy to get overwhelmed.
QuoteWizard helps consumers compare quotes from national insurance companies and local independent agents. Comparing quotes can help you find cheap car insurance rates near Greensboro, North Carolina and save up to 40% on your premium..
Last year, 16,043 people used QuoteWizard to compare auto insurance quotes in Greensboro, NC from multiple companies to get the cheapest rates.
According to the 16,043 Greensboro residents who used QuoteWizard to compare car insurance quotes last year, these are the most common car insurance companies: Of those people, 1,990 didn’t have auto insurance when they requested a quote.
These are the most popular cars owned by Greensboro, NC QuoteWizard users.
North Carolina requires that all drivers carry minimum liability coverage. In Greensboro, NC, the minimum is 30/60/25. This means your policy must include:
You are also required to have the following underinsured coverage:
Minimum coverage is enough to get you on the road, but it doesn’t provide you much protection. It will cost you a lot if your policy doesn’t cover an accident. While minimum coverage pays for damages to other people and their property, it doesn’t cover your damages or medical bills. That’s because a minimum policy doesn’t include collision or comprehensive coverage.
To make sure you have adequate coverage, we recommend the following:
If you live in an area that has a high rate of car accidents, it will affect your premium. Based on our data on accidents, speeding tickets, DUIs, and citations across the US, Greensboro ranks as the 19th worst city for driving city..
Weather, road conditions, and traffic are all factors that can affect your insurance rates. The worse your driving conditions are, the higher your premium can be.
During the summer months in Greensboro, the weather tends to stay hot and humid. The humidity can force your engine to work overtime. That, in turn, will wear your engine down.
Greensboro tends to get very little snow in comparison to the rest of the country, but occasional black ice is a cause for concern. Heavy rains can add risk to your drive as well.
The average commute time in Greensboro is 18.8 minutes. That’s almost six minutes lower than the national average.
The Greensboro Police Department are cracking down on speeding. Tickets and accidents lead to big rate increases. If you incidents on your record, your insurers might require you to purchase high-risk insurance. At worst, you might even have your policy cancelled.
Greensboro’s approach to traffic citations is the same as all of North Carolina. The NC DMV keeps detailed driving records for each person. Driving infractions add points to your record. Acquiring points leads to different penalties. For instance, if you get 12 points on your record within a three-year period, you could have your license suspended
If you get a speeding ticket in Greensboro, the DMV is notified. A demerit will be applied to your driving record. If you get 12 demerits within a 12-month period, your license will be suspended for 6 months. Getting tickets leads to rising insurance rates.
If you are found guilty of DUI in Greensboro, penalties include license suspension, fines between $200 and $4,000, and jail time ranging from 24 hours to three years. Our data shows drivers with DUI offenses can expect to pay an average of $830 more per year for car insurance.
North Carolina drivers are not required to get an SR-22 in event of a DUI. However, if you have SR-22 requirements from another state, you’ll still need to fulfill it.
Getting in accidents will virtually guarantee a rate raise. Even living in an area with a high accident rate can result in higher insurance costs. Across the Greensboro area there were 10,183 car crashes in 2016.
There were 1,441 auto fatalities in North Carolina in 2016. This is 4.4 percent increase from 2015.
Regions that have many car thefts are considered high-risk by insurers. This can lead to higher premiums – especially if you drive a commonly stolen car. Greensboro reported 746 car thefts in 2016, a 27.8 percent increase over car thefts in 2015.
Looking to save money on your car insurance in Greensboro? There are many discount options available to get a lower rate:
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