Who Has Cheap Auto Insurance Quotes for a 20 Year Old Female in North Carolina?

Finding low-priced auto insurance is not always easy, and finding out which companies quote the best car insurance rates for 20 year old women requires even more diligence. Policy prices could be much pricier than the average price in North Carolina because of the potential for higher claims that goes along with offering insurance for young women, but competitively-priced coverage should be possible if you are thorough. Every insurance company has a proprietary formula for establishing rates, so let’s take a look at the car insurance companies that tend to have lower prices in North Carolina.

It’s a good idea to know that North Carolina car insurance rates are impacted by many factors which can substantially decrease or increase the price you pay for coverage. This is why North Carolina drivers need to shop around to find the lowest insurance rates for 20 year old women. Rates consist of many things and can change without notice, so the cheapest option a year ago may now be quite expensive.

Best Insurance Companies for Women Age 20

Compare Rates Today

google.charts.setOnLoadCallback(drawNCT5qcibChart);function drawNCT5qcibChart() {var data = google.visualization.arrayToDataTable([[‘Company’, ‘Rate’, { role: ‘style’ }], [‘Utica National’, 655, ‘#F07050’], [‘Progressive’, 658, ‘#C85D42’], [‘NC Farm Bureau’, 709, ‘#A64D37’], [‘Liberty Mutual’, 721, ‘#8A402D’], [‘Penn National’, 725, ‘#733525’]]);var options = {title: ‘Top Five Cheap Auto 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:825,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 normally has some of the lowest car insurance rates in North Carolina at around $655 a year. Progressive, NC Farm Bureau, Liberty Mutual, and Penn National also rank well as some of the cheapest North Carolina car insurance companies.

In this example, if you are a customer of Liberty Mutual and switched to Progressive, you might achieve a yearly savings of approxmiately $63. Insureds with Penn National may save as much as $67 a year, and GEICO policyholders might reduce rates by $92 a year.

If you want to find out if you’re overpaying, click here to start a quote or quote rates from the companies below.

Remember that these estimates are averages for all insureds and vehicles and and are not calculated with a rate increase for 20 year old women. So the company that fits your age and vehicle best may not even be featured in the list above. That illustrates why you need to get quotes using your own individual information.

For North Carolina drivers, one of the considerations that establish insurance cost is your zip code in North Carolina. Cities with larger populations or higher claims like Fayetteville, Charlotte, and Greensboro tend to have more expensive auto insurance rates, whereas less populated areas get the luxury of paying less.

The information below sorts the higher priced cities in North Carolina for 20 year old women to buy auto insurance in.

Prices are comparative as the garaging address in North Carolina can increase or decrease premiums noticeably.

We all like different vehicles, and the type of vehicle that is being insured is probably the largest consideration in finding cheap car insurance for 20 year old women in North Carolina. Vehicles with limited top-end speed, advanced safety features, or low incidents of liability claims will cost quite a bit less to insure than adrenaline junky models.

The tables below presents insurance premiums for a selection of the most cost-effective automobiles to insure in North Carolina.

Data assumes single female driver age 20, no speeding tickets, no at-fault accidents, $1000 deductibles, and North Carolina minimum liability limits. Discounts applied include safe-driver, and claim-free. Premium costs do not factor in specific garaging location which can influence premium rates greatly.

Table data assumes single female driver age 20, no speeding tickets, no at-fault accidents, $1000 deductibles, and North Carolina minimum liability limits. Discounts applied include claim-free, and safe-driver. Prices do not factor in North Carolina location which can affect coverage rates considerably.

Table data assumes single female driver age 20, 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 specific garaging location which can lower or raise auto insurance rates greatly.

Discounts on cheap car insurance for 20 year old women in North Carolina

Insurance providers that provide policies for 20 year old women may additionally offer premium discounts that could lower prices by 30% or more if you meet certain criteria. The best car insurance companies and a summarized list of policyholder discounts are outlined below.

• Travelers offers discounts for multi-policy, student away at school, hybrid/electric vehicle, home ownership, and save driver.
• 21st Century policyholders can earn discounts including defensive driver, automatic seat belts, theft prevention, student driver, teen driver, 55 and older, and good student.
• State Farm may include discounts for driver’s education, safe vehicle, good student, Drive Safe & Save, defensive driving training, and good driver.
• GEICO offers discounts including federal employee, membership and employees, driver training, air bags, anti-theft, and emergency military deployment.
• SAFECO discounts include teen safe driver, anti-theft, safe driver, homeowner, and drive less.
• AAA has discounts for anti-theft, AAA membership discount, education and occupation, multi-car, good student, and multi-policy.

The example below shows the comparison of insurance costs with and without discounts applied to the premium. The premiums assume a male driver, no claims, a clean driving record, North Carolina state minimum liability limits, full physical damage coverage, and $500 deductibles.

The first bar for each age group shows the average annual price with no discounts. The second shows the rates with continuous coverage, anti-theft, vehicle safety, paperless filing, good student, and passive restraint discounts applied. When drivers take advantage of discounts, the the amount saved on car insurance for 20 year old women is 19% or $219.

google.charts.setOnLoadCallback(drawDiscqcibChart);function drawDiscqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘Male Driver No Discounts’, ‘Male Driver with Discounts’],[‘Age 20’, 1999,1443],[‘Age 30’, 1037,773],[‘Age 40’, 945,755],[‘Age 50’, 917,691],[‘Age 60’, 1125,665]]);var options = {title: ‘Comparison of Insurance Rates for a 20 Year Old Female’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 500,’chartArea’:{left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’},colors: [‘#6791b9’, ‘#98bee2’],hAxis: {title: ‘Annual Auto Insurance Cost for Average Vehicle in North Carolina’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.BarChart(document.getElementById(‘qcibdisc’));chart.draw(data, options);}

Cost comparison with and without full coverage

Finding cheap car insurance for 20 year old women in North Carolina is the goal of the majority of people, and one good way to find cheap insurance is to buy only liability coverage. The information below illustrates the difference between auto insurance costs with full physical damage coverage compared to only buying liability only. Data assumes no violations or claims, $250 deductibles, drivers are not married, and no additional discounts are factored in.

google.charts.setOnLoadCallback(drawFclqcibChart);function drawFclqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘Full Coverage with $250 Deductibles’, ‘Liability Only’],[‘Age 20’, 2483,761],[‘Age 30’, 1295,423],[‘Age 40’, 1283,393],[‘Age 50’, 1165,367],[‘Age 60’, 1127,361],[‘Age 70’, 1363,481]]);var options = {title: ‘Price Comparison of Full Coverage Versus Liability Only’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 500,’chartArea’: {left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’},colors: [‘#6791b9′,’#98bee2’],hAxis: {title: ‘Annual Auto Insurance Cost for Average Vehicle in North Carolina’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.BarChart(document.getElementById(‘qcibfcl’));chart.draw(data, options);}

On average, comp and collision coverage costs $1,453 per year more than just buying liability insurance. That is a large expense and it proposes the question if paying for full coverage is worth it. There is no definitive rule to stop paying for full coverage on your policy, but there is a general guideline. If the annual cost of coverage is more than around 10% of replacement cost minus your deductible, then you may want to consider only buying liability coverage.

For example, let’s pretend your vehicle’s claim settlement value is $8,500 and you have $1,000 full coverage deductibles. If your vehicle is damaged in an accident, the most your company would pay you is $7,500 after paying your policy deductible. If it’s costing in excess of $750 a year for your policy with full coverage, then you might want to consider buying only liability coverage.

How to get cheap car insurance for 20 year old women in North Carolina

Below you’ll find a few thrifty solutions that can help North Carolina drivers get cheap auto insurance.

• Maintain a safe distance and avoid accidents
• Serious violations like DUI or reckless driving can increase rates dramatically
• Drop full coverage on older vehicles
• Increase deductibles to save money
• Buy a vehicle with excellent safety ratings
• Higher credit scores can equal lower rates
• Shop around once a year for cheaper rates

That last tip is incredibly significant, as we stressed in the prior information. Prices charged by companies adjust often, so drivers shouldn’t be resistant to buy from a different company if you find a cheaper price.

We understand brand loyalty, but is isn’t recommended if that loyalty results in overpaying several hundred dollars every year. It takes less than five minutes to compare rates and find cheaper car insurance for 20 year old women.

Who has the cheapest insurance quotes for young women?

Thanks to the internet, there are a lot of ways to compare car insurance prices in North Carolina, but the most preferred ways are through an independent insurance agent, an exclusive agency such as Liberty Mutual or Allstate, or from a direct company like Progressive.

All three ways can provide car insurance quotes, but buyers should know the differences in how they provide price quotes.

Independent agents work for many companies and can quote your policy with all of them. They can sell policies from many different companies and can get prices from more than one company, which can help you get the best chance of saving money. If cheaper coverage is found, your agent can just switch to a different company which prevents you from having to switch agents.

An agent who is captive is usually restricted to a single company, for example Allstate or State Farm agents. These agents are unable to compare rates from other companies, which requires you to shop around.

When you buy car insurance direct, you do not use local insurance agents and instead buy from a direct company like Geico or Esurance. Buying car insurance direct is good for families who do not have a lot of assets and understand what car insurance covers.

So out of those three methods, which one works best to find cheap car insurance for 20 year old women in North Carolina? The obvious answer would be shopping direct results in the cheapest price because you bypass the agent, but unfortunately, it’s not that cut and dried. It could also be said buying from an independent agent results in the cheapest rates because you have more choices, but that assumption is not true either. And sometimes, exclusive agents have price quotes that are impossible to beat.

Because there are so many factors that make up car insurance rates, the best method to get rock-bottom rates is to get quotes and compare. Put in the effort to get quotes from all three to get a good idea who is cheapest. A great place to start is our list of online companies offering discounts: click here to view.