Cheap Car Insurance for Drivers with Accidents in North Carolina

Comparing rates for low-priced insurance is not the easiest thing to do, and figuring out which companies offer the cheapest car insurance rates for drivers with accidents may require even more shopping around. Insurance rates will more than likely be moderately higher than the state average due to the added risk associated with offering coverage for drivers with at-fault accidents, but reasonable coverage may be available if you compare enough rates. Every auto insurer has a different formula to set policy rates, so let’s begin by examining the most affordable car insurance companies in North Carolina.

Lowest Insurance Price Quotes for Accident Prone Drivers

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Utica National quotes some of the best car insurance rates in North Carolina at around $636 each year. Progressive, Penn National, Liberty Mutual, and GEICO also are some of the lowest-priced North Carolina insurance companies.

In the rate table above, if you are currently insured with Liberty Mutual and switched to Progressive, you could realize yearly savings of in the vicinity of $89. Insureds with GEICO might save as much as $89 a year, and NC Farm Bureau policyholders might lower prices by up to $91 a year.

To see if you’re overpaying, click here to start your custom quote or quote rates from the companies below.

Be aware that those policy prices are averages for all ages of drivers and types of vehicles and and are not figured with a price increase for drivers with accidents. So the company that is best for you may not even be featured in the list above. That points out the importance of why you need to get quotes using your own personalized driver profile and vehicle information.

The model of vehicle you are seeking coverage for is one of the largest factors when shopping around for cheap car insurance for drivers with accidents in North Carolina. Vehicles with lots of horsepower, poor safety features, or high incidents of liability claims will cost more to insure than more modest models. The data below illustrates insurance prices for a handful of the more afforable automobiles to buy insurance for.

Data variables include single male driver age 50, no speeding tickets, two at-fault accidents, $1000 deductibles, and North Carolina minimum liability limits. Discounts applied include multi-policy, homeowner, and multi-vehicle. Rates do not factor in vehicle location which can modify coverage rates greatly.

Premium data assumes single male driver age 50, no speeding tickets, two at-fault accidents, $1000 deductibles, and North Carolina minimum liability limits. Discounts applied include homeowner, multi-vehicle, and multi-policy. Table data does not factor in specific garaging location which can influence prices noticeably.

Table data assumes single male driver age 50, no speeding tickets, two at-fault accidents, $1000 deductibles, and North Carolina minimum liability limits. Discounts applied include homeowner, multi-policy, and multi-vehicle. Premium costs do not factor in specific location information which can affect rates substantially.

Best car insurance in North Carolina

Choosing a high-quality company can be rather challenging considering how many companies there are in North Carolina. The rank data shown next can help you pick which car insurance providers to look at putting your business with.

The ratings below are only made up of the largest companies in America, so smaller companies that only insure vehicles in North Carolina are not included in the list. To check prices from these and other top-rated companies, follow this link.

Top 10 Large Auto Insurance Companies in North Carolina Ranked by A.M. Best Rating

1. Travelers – A++
2. USAA – A++
3. GEICO – A++
4. State Farm – A++
5. Titan Insurance – A+
6. Esurance – A+
7. Progressive – A+
8. Nationwide – A+
9. The Hartford – A+
10. Allstate – A+

Top 10 Large Auto Insurance Companies in North Carolina Ranked by Customer Satisfaction

1. USAA – 91%
2. AAA Insurance – 90%
3. Esurance – 90%
4. Nationwide – 89%
5. Travelers – 88%
6. Progressive – 88%
7. Safeco Insurance – 88%
8. State Farm – 88%
9. Allstate – 88%
10. The Hartford – 87%

Full coverage or liability only

Finding cheap car insurance for drivers with accidents in North Carolina is probably important to most drivers, and one good way to find cheap insurance is to not buy comprehensive and collision coverage. The illustration below visualizes the comparison of insurance prices with and without physical damage coverage. The rates are based on no violations or accidents, $250 deductibles, marital status is single, and no discounts are factored in.

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If we average the cost for all age groups, physical damage coverage on your policy costs an extra $1,755 per year more than just buying liability insurance. A very common question is if you should buy full coverage. There is no written rule for phasing out comp and collision coverage, but there is a guideline you can use. If the yearly cost of comp and collision coverage is more than about 10% of the replacement cost of your vehicle minus the policy deductible, then it might be time to consider dropping full coverage.

For example, let’s say your vehicle’s replacement value is $5,000 and you have $1,000 policy deductibles. If your vehicle is destroyed, you would only receive $4,000 after the policy deductible has been paid. If you are paying over $400 annually for full coverage, then you might want to consider buying only liability coverage.

Progressive vs State Farm vs Geico vs Allstate

When shopping for auto insurance for drivers with at-fault accidents, the first places to look would be Progressive, State Farm, Geico, and Allstate. If you combine them together, they insure about half of all auto insurance policies in force. All of them have slightly different coverage options that may affect your buying decision. The next table rates ratings for price, service, and claims, in additional to some of the optional coverages that may be available in North Carolina.