Cheapest Car Insurance In Charlotte, NC 2024
Nationwide provides the cheapest minimum coverage car insurance in Charlotte, costing around $26 each month on average.
We’ve saved shoppers an average of $600 per year on their car insurance.
When looking for the most budget-friendly car insurance in Charlotte, NC, you’ll find a wide range of choices.
Nationwide takes the lead in affordable liability-only coverage, Nationwide again has the best rates for full coverage. GEICO, however, is the go-to for the lowest premiums for young drivers.
Cheapest Car Insurance Companies In Charlotte, NC
Cheapest Full Coverage Insurance Rates In Charlotte: Nationwide
Nationwide has the cheapest full coverage car insurance in Charlotte, with quotes averaging $63 per month.
| Provider | Average Monthly Cost | Average Annual Cost |
| Nationwide | $63 | $746 |
| North Carolina Farm Bureau | $73 | $870 |
| Allstate | $156 | $1,874 |
| Erie | $64 | $770 |
| State Farm | $80 | $956 |
Cheapest Liability-only Car Insurance In Charlotte: Nationwide
For minimum coverage in Charlotte, Nationwide has the lowest rates, costing about $26 monthly on average.
Check the table below for a comparison of rates from multiple insurance providers.
| Provider | Average Monthly Cost | Average Annual Cost |
| Nationwide | $26 | $309 |
| Progressive | $56 | $670 |
| Erie | $34 | $403 |
| North Carolina Farm Bureau | $38 | $450 |
| State Farm | $43 | $520 |
Cheapest Car Insurance In Charlotte For Good Drivers: Nationwide
For good drivers in Charlotte, Nationwide provides the cheapest car insurance, costing approximately $26 per month.
Use the table below to find average rates from the most affordable insurers if you’re a good driver.
| Provider | Average Monthly Cost | Average Annual Cost |
| Nationwide | $26 | $309 |
| Progressive | $56 | $670 |
| Erie | $34 | $403 |
| North Carolina Farm Bureau | $38 | $450 |
| State Farm | $43 | $520 |
Cheapest Auto Insurance For Young Adults in Charlotte: GEICO
With average rates of $77 per month, GEICO has the cheapest quotes for young adult drivers in Charlotte.
Below is a table that allows you to compare the cheapest auto insurance options for young adults in Charlotte.
| Provider | Average Monthly Cost | Average Annual Cost |
| GEICO | $77 | $924 |
| North Carolina Farm Bureau | $89 | $1,070 |
| Kemper | $87 | $1,038 |
| Allstate | $113 | $1,358 |
| State Farm | $115 | $1,360 |
Cheapest Car Insurance Rates For Seniors: Erie
In Charlotte, Erie has the most affordable rates for seniors, with an average cost of $64 per month.
The following table highlights average rates from the cheapest car insurance providers for seniors.
| Provider | Average Monthly Cost | Average Annual Cost |
| Erie | $64 | $760 |
| GEICO | $87 | $1,040 |
| State Farm | $77 | $928 |
| North Carolina Farm Bureau | $72 | $867 |
| Allstate | $135 | $1,620 |
Cheapest Rates In Charlotte For Teenagers: State Farm
For teens in Charlotte, State Farm provides the cheapest car insurance, with average premiums around $140 a month.
This table displays the insurance companies with the best rates for teenagers.
| Provider | Average Monthly Cost | Average Annual Cost |
| State Farm | $140 | $1,672 |
| GEICO | $430 | $5,160 |
| Nationwide | $143 | $1,720 |
| Progressive | $248 | $2,980 |
| Allstate | $325 | $3,897 |
Cheapest Rates In Charlotte For Drivers After A DUI: Progressive
Charlotte drivers with a DUI can find the cheapest insurance with Progressive, where the average monthly premium is $63.
Use the table below to see the cheapest insurance options for Charlotte drivers with a DUI.
| Provider | Average Monthly Cost | Average Annual Cost |
| Progressive | $63 | $752 |
| Kemper | $432 | $5,180 |
| State Farm | $306 | $3,667 |
| GEICO | $442 | $5,309 |
| Allstate | $563 | $6,760 |
Find affordable Charlotte rates
Cheapest Car Insurance In Charlotte After A Speeding Ticket: Kemper
In Charlotte, Kemper provides particularly cheap rates at an average of $62 monthly for drivers who have a speeding ticket.
Use the table below to see average premiums for drivers who’ve received a speeding ticket.
| Provider | Average Monthly Cost | Average Annual Cost |
| Kemper | $62 | $740 |
| State Farm | $115 | $1,380 |
| North Carolina Bureau | $102 | $1,221 |
| Progressive | $161 | $1,929 |
| Allstate | $198 | $2,380 |
Cheapest For Drivers With After At-Fault Accident: Nationwide
Drivers with an at-fault accident can find the cheapest car insurance with Nationwide, where rates average $83 per month.
Below are the insurance companies that provide the cheapest rates for drivers with an at-fault accident.
| Provider | Average Monthly Cost | Average Annual Cost |
| Nationwide | $83 | $992 |
| State Farm | $105 | $1,265 |
| Kemper | $148 | $1,778 |
| Allstate | $171 | $2,046 |
| GEICO | $174 | $2,084 |
Best Car Insurance Companies In Charlotte
Charlotte drivers looking for budget-friendly insurance can choose Nationwide for $26 a month, Progressive at $56, or North Carolina Farm Bureau at $38 per month.
The following table ranks the top 10 car insurance companies in Charlotte, NC, by their average monthly rates.
| Company | Monthly Premium |
| Nationwide | $26 |
| Progressive | $56 |
| Erie | $34 |
| North Carolina Farm Bureau | $38 |
| State Farm | $43 |
| GEICO | $51 |
| Allstate | $93 |
| Kemper | $55 |
| National General | $57 |
How Much Is Car Insurance For Other Cities In North Carolina?
Where you live can greatly determine your car insurance costs. Insurers analyze factors linked to your location, such as the likelihood of accidents, vehicle theft, and vandalism, which tend to be more prevalent in cities. This increased risk generally causes higher insurance premiums.
For example, drivers in Fayetteville can anticipate paying approximately $127 per month for car insurance, while the average rate for Asheville residents is about $99 monthly.
| City | Average Monthly Rate |
| Fayetteville | $127 |
| Greensboro | $112 |
| Greenville | $110 |
| Indian Trail | $129 |
| Asheville | $99 |
| Cary | $106 |
| Chapel Hill | $104 |
| Raleigh | $117 |
| Durham | $115 |
| Concord | $116 |
Average Auto Insurance Rates In Charlotte – By Age
Age is a major factor in setting car insurance rates, with younger drivers often facing higher costs due to inexperience and an increased accident risk. For instance, teen drivers generally pay around $2,794 per year for coverage.
Insurance rates usually begin to decline for drivers once they reach 25, as long as they have a clean driving record.
The best insurance rates are typically available to drivers in their 50s and early 60s, as age helps insurers measure driving experience and risk, influencing premium amounts.
| Age | Average Yearly Rate |
| Teenagers | $2,794 |
| 20s | $2,128 |
| 30s | $1,936 |
| 40s | $1,841 |
| 50s | $1,674 |
| 60s | $1,652 |
| 70s | $1,558 |
Average Rates In Charlotte – By Vehicle
The kind of vehicle you own significantly affects your car insurance expenses. Insurance providers assess details like make, model, year, and body type. Usually, newer vehicles, especially luxury models equipped with advanced technology and greater replacement costs, are associated with higher rates.
Use the table below to see the average insurance rates in Charlotte based on different vehicle types.
| Vehicle | Average Monthly Rate |
| Chevrolet Trailblazer | $45 |
| Toyota Rav4 | $117 |
| Buick Enclave | $75 |
| Kia Forte | $298 |
| Porsche Macan | $107 |
Average Cost Of Auto Insurance In Charlotte – By Zip Code
By analyzing crime statistics associated with each zip code, insurers can set different car insurance rates for different areas.
Below is a table that shows the average insurance rates for multiple zip codes within Charlotte.
| Zip Code | Average Monthly Rate |
| 28202 | $147 |
| 28277 | $155 |
| 28212 | $169 |
| 28226 | $102 |
| 28210 | $132 |
Find affordable Charlotte rates
Our Methodology
I have compiled an in-depth perspective on car insurance providers in Charlotte, NC, drawing from a detailed analysis that considers customer service ratings, product options, pricing, and insights from various online review platforms and user experiences.
Quotes Analyzed
Years of Industry Experience
Brands Reviewed
Research Hours
FAQs
Who has the lowest car insurance rates in Charlotte?
The cheapest car insurance rates in Charlotte come from Nationwide for the state-required minimum coverage, while Nationwide offers the best rates for full coverage, including comprehensive and collision options.
What is the average cost of car insurance in Charlotte?
On average, car insurance in Charlotte costs about $160 each month, but this amount can fluctuate based on your zip code, car model and year, and driving history.
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