Best Car Insurance Rates in Greensboro, North Carolina

On average your neighbors pay $54 a month

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Compare Auto Insurance in Greensboro

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.

Average Greensboro Car Insurance Rates

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.

North Carolina 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 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.

North Carolina average car insurance rates

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.

Best Car Insurance Companies in Greensboro, NC

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.

Top 10 Vehicles in Greensboro

These are the most popular cars owned by Greensboro, NC QuoteWizard users.

  1. Honda Accord EX
  2. Toyota Camry LE
  3. Honda Accord LX
  4. Nissan Altima 2.5
  5. Nissan Sentra S
  6. Ford Focus SE
  7. Honda Accord
  8. Toyota Camry
  9. Nissan Altima S
  10. Chevrolet Impala
Get a quote for your vehicle. Request Quote Get a Quote For Your Vehicle

Minimum Car Insurance Requirements in Greensboro, NC

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: 

  • Individual Bodily Injury Liability (BIL): $30,000
    The maximum amount your insurer pays for a person injured in a car accident.
  • Total Bodily Injury Liability: $60,000
    The total your insurer pays for every person injured in a car accident.
  • Property Damage Liability (PDL): $25,000
    The maximum your insurer pays for property damage caused by a car accident.

You are also required to have the following underinsured coverage:

  • $30,000 uninsured motorist bodily injury per person
  • $60,000 uninsured motorist bodily injury per accident
  • $25,000 uninsured property damage per incident

Recommended Coverage Levels

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: 

  • Individual Body Injury Liability: $100,000 
  • Total Bodily Injury Liability: $300,000 
  • Property Damage Liability: $100,000 

Greensboro Drivers

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..

Driving Conditions

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.

Weather

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.

Road Conditions

North Carolina roads in general are rated good to fair by the ASCE. Extensive flooding can cause potholes that can harm you and your car if you’re not careful.

Traffic Congestion

The average commute time in Greensboro is 18.8 minutes. That’s almost six minutes lower than the national average.

Moving Violations

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.

Traffic Tickets

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.

DUI and DWAI Arrests

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.

SR-22 DUI/DWAI 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.

Car Accident Statistics

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.

Traffic Fatalities

There were 1,441 auto fatalities in North Carolina in 2016. This is 4.4 percent increase from 2015.

Vehicle Theft Rates

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.

Save With Car Insurance Discounts

Looking to save money on your car insurance in Greensboro? There are many discount options available to get a lower rate:

  1. Are you married? Insurers may offer discounts to married couples 
  2. If you live in a safe neighborhood in Greensboro, you could save money 
  3. Install up-to-date safety features and anti-theft devices your vehicle.
  4. Do you have more than one car? See if your insurer provides a multiple car discount
  5. Shop around and compare car insurance rates in Greensboro.
  6. Safe driving with a clean record can add up to lower rates
  7. Bundle your car insurance with your home or renters insurance. It can cut up to 15 percent off your total bill 
  8. Take a certified defensive driving course 
  9. There are discount rates for active and retired members of the Military, National Guard, or Reserves
  10. If you’re 55 or over, see if a senior citizens discount is available

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