How Much Does Car Insurance Cost for 16 Year Olds in North Carolina?

We all have different tastes in cars, and the vehicle requiring coverage is probably the largest consideration when comparing quotes for cheap auto insurance for 16 year olds in North Carolina. Vehicles with high performance features, a lack of modern safety features, or high incidents of liability claims will cost quite a bit more to insure than more economical and safe models.

The next tables estimates insurance rates for a selection of the cheaper vehicles to insure in North Carolina.

Table data assumes single female driver age 16, no speeding tickets, no at-fault accidents, $1000 deductibles, and North Carolina minimum liability limits. Discounts applied include claim-free, and safe-driver. Estimates do not factor in zip code location which can increase or decrease price quotes noticeably.

Prices based on single female driver age 16, no speeding tickets, no at-fault accidents, $1000 deductibles, and North Carolina minimum liability limits. Discounts applied include safe-driver, and claim-free. Rate information does not factor in specific location which can lower or raise coverage rates substantially.

Data assumes single female driver age 16, no speeding tickets, no at-fault accidents, $1000 deductibles, and North Carolina minimum liability limits. Discounts applied include safe-driver, and claim-free. Price estimates do not factor in specific North Carolina garaging location which can decrease or increase coverage prices greatly.

Deciding which company quotes the cheapest insurance rates for 16 year olds may require a little more effort than just getting one or two price quotes. Every insurance company uses their own method for determining rates, so let’s look at the rankings for the insurance companies with the overall cheapest rates in North Carolina.

It’s important to understand that North Carolina insurance rates are calculated based on many things which can substantially change the price you have to pay. Turning one year older, having a teen driver, or having an accident can produce rate changes that may make certain companies more affordable than before.

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google.charts.setOnLoadCallback(drawNCT5qcibChart);function drawNCT5qcibChart() {var data = google.visualization.arrayToDataTable([[‘Company’, ‘Rate’, { role: ‘style’ }], [‘Utica National’, 643, ‘#33CF8F’], [‘Progressive’, 651, ‘#2AAC77’], [‘NC Farm Bureau’, 716, ‘#238F63’], [‘Liberty Mutual’, 728, ‘#1D7752’], [‘GEICO’, 742, ‘#186344’]]);var options = {title: ‘Cheap Car Insurance Companies in North Carolina’,titleTextStyle: {color: ‘#333’, fontSize: 17, bold: true},width: ‘100%’,height: 300,’chartArea’: {left:0,top:50,’width’: ‘100%’, ‘height’: ‘70%’},bar: {groupWidth: “90%”},legend: {position: ‘none’},vAxis: {viewWindowMode:’explicit’,viewWindow:{max:842,min:0}}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});var view = new google.visualization.DataView(data);view.setColumns([0, 1,{ calc: “stringify”,sourceColumn: 1,type: “string”,role: “annotation” },2]);formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.ColumnChart(document.getElementById(‘qcibt5cic’));chart.draw(view, options);}

Utica National quotes some of the most affordable car insurance rates in North Carolina at around $643 each year. Progressive, NC Farm Bureau, Liberty Mutual, and GEICO also rank well as some of the lowest-priced North Carolina auto insurance companies.

In the above example, if you buy coverage from NC Farm Bureau and switched to Utica National, you may see an annual premium reduction of in the neighborhood of $73. North Carolina drivers with Liberty Mutual might save as much as $85 a year, and GEICO customers might cut rates by $99 a year.

To get a quick, customized rate comparison, click here to begin a quote or click several companies below for low rates.

Understand that those policy prices are averages for all drivers and vehicles and and are not figured with a rate increase for 16 year olds. So the insurer that is best for you may not even be shown in the chart above. That underscores the importance of why you need to quote rates from as many companies as possible using your own specific driver and vehicle information.

Discounts on cheap auto insurance for 16 year olds in North Carolina

Insurance providers that offer coverage for 16 year olds may additionally offer policy discounts that may potentially lower prices by 40% or more if you qualify for them. The best insurance companies and their possible discounts are detailed below.

The illustration below visualizes the comparison of auto insurance rates with and without discounts. The price estimates are based on a male driver, no accidents or driving violations, North Carolina state minimum liability limits, comprehensive and collision coverage, and $500 deductibles. The first bar for each age group shows the average rate with no discounts. The lower bar shows the rates with paperless filing, passive restraint, vehicle safety, good student, continuous coverage, and paid-in-full discounts applied. When drivers qualify for the discounts, the the amount saved on insurance for 16 year olds is 16% or $392.

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How to find cheap auto insurance for 16 year olds in North Carolina

The list below summarizes some of the better thrifty solutions that can help you quote low-cost auto insurance.

• Tickets and violations raise rates
• Raise deductibles to save money
• Prevent price hikes by avoiding at-fault accidents
• Buy your auto and home insurance from the same company and save
• Pay lower rates with good credit
• Claim-free policyholders usually earn a discount
• Compare rates regularly to ensure the best deal

The final tip is notably critical, as was affirmed in this write-up. Car insurance rates can be changed at any time, so drivers shouldn’t hesitate to buy a policy from a new company if a lower price can be found. Loyalty to a specific company is fine, but it’s not recommended if that stubbornness costs you hundreds of dollars a year. In less than five minutes you could shop around and find cheaper auto insurance for 16 year olds.