Cheapest Car Insurance Quotes for Infrequent Drivers in North Carolina

This would be a quick read if we could tell you the one best company that has the lowest rates in North Carolina. It’s not that easy, however, as there are a lot of unknown factors like your date of birth, your gender, if you rent or own your home, and if you have any prior insurance claims. This article will detail the things that influence insurance rates and also should give you a good start in finding the cheapest car insurance in North Carolina.

When shopping for cheaper insurance for low mileage drivers, one of the many components that help set the annual cost of car insurance is where your car is garaged in North Carolina. Regions with more people or even just more weather-related claims like Fayetteville, Charlotte, and Greensboro will most likely have higher rates, whereas areas that are not as densely populated have the benefit of the cheapest car insurance for infrequent drivers in North Carolina.

The information below displays the most costly cities in North Carolina for infrequent drivers to purchase car insurance in.

Rate information is approximated as the specific North Carolina residence address can modify price quotes greatly.

Finding budget auto insurance is not the easiest thing to accomplish, and figuring out which insurers offer the cheapest auto insurance rates for infrequent drivers calls for even more work.

Each insurance company uses their own method for determining rates, so first we will examine the lowest cost auto insurance companies in North Carolina.

Cheap Insurance Rates in North Carolina

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Utica National may have some of the lowest car insurance rates in North Carolina at around $643 each year. Progressive, Liberty Mutual, NC Farm Bureau, and Titan would also be considered some of the more affordable North Carolina car insurance companies.

As shown in the rates above, if you buy coverage from Titan and switched to Progressive, you might achieve annual savings of roughly $86. Customers with Penn National might save as much as $96 a year, and State Farm customers might lower prices by $98 a year.

These prices are averaged for all ages of drivers and types of vehicles and are not factoring in a price discount for infrequent drivers. So the auto insurance company that fits your situation best may not even be included in the chart above. That is why you need to compare rates from multiple companies using your own individual information.

Liability only or full coverage

Finding the cheapest car insurance for infrequent drivers in North Carolina is probably important to most vehicle owners, and one of the best ways to reduce the cost of insurance is to not buy comprehensive and collision coverage. The information below visualizes the comparison of auto insurance rates with full physical damage coverage compared to only buying the minimum liability limits required in North Carolina. The data is based on no violations or claims, $1,000 deductibles, drivers are not married, and no other discounts are factored in.

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If we average the cost for ages 20 through 70, physical damage coverage on your policy costs an extra $1,053 per year more than carrying just liability coverage. Many of you may wonder if physical damage coverage is worth the money. There isn’t a steadfast formula of when to eliminate comprehensive and collision coverage on your policy, but there is a general convention. If the annual cost of coverage is more than about 10% of replacement cost minus your deductible, then it might be time to consider dropping full coverage.

There are some scenarios where removing full coverage is not advised. If you still owe money on your vehicle, you must maintain physical damage coverage to protect the lienholder’s interest in the vehicle. Also, if you cannot afford to purchase a different vehicle if your current one is totaled, you should keep full coverage in place.

How to find the cheapest car insurance for infrequent drivers in North Carolina

Here are some of the recommended penny-pinching suggestions that can help North Carolina drivers get cheap auto insurance.

• Violations like speeding or DUI increase rates
• Don’t waste money on full coverage for older vehicles
• Prevent price hikes by avoiding at-fault accidents
• Try paying for small claims out-of-pocket
• Safer vehicles generally have cheaper insurance rates
• Buy your homeowners policy from the same company as your auto insurance
• Comparison shop frequently

The last idea is particularly crucial, as was discussed in the article above. Coverage rates can change considerably based on profitability, so don’t be unwilling to buy a different policy if a more affordable rate is found. Staying with the same car insurance company is fine, but we do not recommend it if it’s costing you a fortune every year. Spend a few minutes and shop around and find cheaper insurance for infrequent drivers.