Cheapest Auto Insurance for Drivers with a Bad Driving Record in North Carolina

The words “affordable” and “insurance” really shouldn’t be used in the same sentence, in particular when searching for the lowest insurance rates for drivers with a bad driving record. Because it’s so expensive, let’s familiarize you with a few of the things the can have a considerable influence on insurance prices, and find a way to cut the cost of the next policy you buy.

One of the many components that determine car insurance rates is where you call home in North Carolina. Cities with larger populations or higher claims like Fayetteville, Charlotte, and Greensboro tend to have higher auto insurance costs, whereas areas with less traffic congestion and claims have the gratification of the cheapest auto insurance for drivers with a bad driving record in North Carolina.

The illustration below ranks the most expensive places in North Carolina for drivers with a bad driving record in which to purchase auto insurance.

Rates are approximated as the specific area where the vehicle is garaged can modify coverage prices significantly.

Cost and performance of the vehicle requiring coverage is one of the main factors when comparing quotes for the most affordable coverage for drivers with a bad driving record. Vehicles with lots of speed or power, poor passenger 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 features insurance costs for some of the cheapest vehicles to insure.

Cost estimates assume single male driver age 50, two speeding tickets, two at-fault accidents, $1000 deductibles, and North Carolina minimum liability limits. Discounts applied include multi-vehicle, homeowner, and multi-policy. Rate information does not factor in specific North Carolina garaging location which can affect premiums significantly.

Premium data assumes single male driver age 50, two speeding tickets, two at-fault accidents, $1000 deductibles, and North Carolina minimum liability limits. Discounts applied include multi-vehicle, homeowner, and multi-policy. Price estimates do not factor in specific garaging location which can alter auto insurance rates significantly.

Cost estimates assume single male driver age 50, two speeding tickets, two at-fault accidents, $1000 deductibles, and North Carolina minimum liability limits. Discounts applied include homeowner, multi-policy, and multi-vehicle. Rates do not factor in specific location which can affect premium rates substantially.

Insuring your vehicle with the top insurer can be challenging considering how many companies sell insurance in North Carolina. The ranking data below could help you choose which insurers to look at purchasing from.

The ratings below only include the companies with a significant amount of written premium nationwide, so companies that may only write in North Carolina are not taken into consideration for this list. To view rates from these top-rated insurers and more, follow this link.

Top 10 Major Auto Insurance Providers in North Carolina Ranked by Customer Service

1. USAA
2. Travelers
3. AAA Insurance
4. Nationwide
5. Safeco Insurance
6. Progressive
7. State Farm
8. The Hartford
9. The General
10. Esurance

Top 10 Major Auto Insurance Providers 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+

The information below demonstrates how deductible levels can increase or decrease premium costs when searching for cheap insurance for drivers with a bad driving record. The premium estimates are based on a single female driver, comprehensive and collision coverage, and no other discounts are factored in.

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The data above shows that a 40-year-old driver could pocket $196 a year by changing their physical damage coverage from a $100 deductible up to a $500 deductible, or save $298 by changing to a $1,000 deductible. Even younger drivers, like the 20-year-old, could lower their rates as much as $502 or even more by selecting a higher deductible.

If you do make the decision to raise your deductibles, it will be necessary to have emergency funds available to be able to pay the extra out-of-pocket expense, which deters some people from using high deductibles.

Is the best company Geico, State Farm, Allstate, or Progressive?

If you want reliable auto insurance for bad drivers in North Carolina, some of the largest companies to start with are Geico, State Farm, Allstate, and Progressive. If you add them together, they insure almost half of all car insurance policies written. They all have different options that buyers can select from. The table below compares and contrasts some of the different options that may be available in your state.