A full coverage car insurance policy in Greensboro is $1,106 per year. That’s $22 more than the North Carolina state average of $1,084 per year. Rates are slightly higher than average in Greensboro because it’s a larger-than-average city for North Carolina.
If you want to get a low rate on your car insurance, policycentral can help you by providing quotes from multiple insurers so you can quickly and easily compare different policies.
Methodology & why you can trust our rates
policycentral has analyzed car insurance rates provided by Quadrant Information Services for every ZIP code in all 50 states plus Washington, D.C. For full coverage policies, the following coverage limits were used:
Bodily injury liability: $50,000 per person/$100,000 per accident
Property damage liability: $50,000
Uninsured/underinsured motorist: $50,000 per person/$100,000 per accident
Comprehensive: $500 deductible
Collision: $500 deductible
In some cases, additional coverages were added where required by state or insurer.
Rates for overall average rate, rates by ZIP code, and cheapest companies determined using averages for single drivers ages 30, 35, and 45. Our sample vehicle was a 2017 Toyota Camry LE driven 10,000 miles/year.
Rates for driving violations and “Poor” credit determined using average rates for a single male 30-year-old driver with a credit score under 578.
Some carriers may be represented by affiliates or subsidiaries. Rates provided are a sample of costs. Your actual quotes may differ.
Cheapest car insurance companies in Greensboro, NC
How much you have to pay for car insurance depends on several factors. These include how old you are, your driving history, the type of car you drive, and your credit history. Insurance companies each have their own way of calculating rates, so you can get different quotes from various companies for the same coverage. Even your ZIP code can impact your insurance rate. This table shows the five cheapest car insurance companies in Greensboro along with their J.D. Power scores if available.
Company | Average cost | JD Power Rating |
|---|---|---|
Erie | $773 | 893 |
Farm Bureau | $843 | -- |
GEICO | $917 | 874 |
Utica National | $919 | -- |
State Farm | $922 | 882 |
Cheapest car insurance rates by ZIP code in Greensboro, NC
Your street address can cause your insurance rate to go up or maybe even down. Insurance companies take a look at your ZIP code to calculate the risks of owning a car where you live. They consider access to secure parking versus only on-street parking, high or low rates of theft and vandalism, and the number of accidents and traffic tickets issued in your neighborhood. The following table shows the car insurance rates for ZIP codes in Greensboro.
ZIP code | Average cost |
|---|---|
27410 | $964 |
27455 | $967 |
27408 | $970 |
27409 | $972 |
27407 | $1,176 |
27406 | $1,177 |
27405 | $1,181 |
27495 | $1,185 |
27401 | $1,185 |
27403 | $1,186 |
Choosing the right car insurance company in Greensboro, NC
Finding the right car insurance company might seem like a daunting task, but it comes down to only a few key considerations.
Your rates: Getting quotes from multiple companies is the best way to see which has the best rate for you.
Coverage amounts: You need to meet the state-required minimums but purchasing more than that is up to you.
Customer service: You should be happy with the service of the representative helping you buy a policy since that’s the same service you’ll get if you need to file a claim.
policycentral makes comparing car insurance companies easy by giving you quotes from multiple insurers to easily evaluate at once.
Car insurance rates for drivers with driving violations in Greensboro, NC
Even a single driving violation will have a negative impact on your car insurance rates. Speeding tickets increase your rates, and accidents have an even bigger impact. The more violations on your driving record, the more money you will pay for your car insurance.
Violation | Erie | Farm Bureau | GEICO | Utica National | State Farm |
|---|---|---|---|---|---|
At-fault accident | $877 | $1,448 | $2,255 | $1,764 | $1,673 |
DUI | $3,648 | $3,634 | $5,475 | $5,149 | $4,274 |
Suspended license | $2,508 | $2,500 | $3,365 | $3,449 | $2,613 |
Open container | $1,203 | $1,206 | $1,533 | $1,317 | $1,373 |
Expired registration | $1,203 | $1,206 | $1,533 | $1,317 | $1,252 |
Driving without lights | $795 | $1,206 | $1,533 | $1,317 | $1,252 |
Running a red light | $1,203 | $1,206 | $1,533 | $1,317 | $1,373 |
Following too closely | $1,326 | $1,327 | $1,668 | $1,492 | $1,523 |
Hit and run | $3,648 | $5,593 | $5,475 | $5,149 | $4,274 |
Not-at-fault accident | $795 | $881 | $940 | $1,060 | $979 |
Passing a school bus | $1,611 | $1,610 | $2,077 | $2,102 | $1,773 |
Reckless driving | $1,611 | $1,610 | $2,432 | $2,102 | $1,773 |
Speeding | $1,326 | $1,327 | $1,668 | $1,164 | $1,523 |
Cheapest car insurance for drivers with a DUI in Greensboro, NC
Company | Rates for drivers with DUIs |
|---|---|
Farm Bureau | $3,634 |
Erie | $3,648 |
State Farm | $4,274 |
Utica National | $5,149 |
GEICO | $5,475 |
Cheapest car insurance for drivers with a speeding ticket in Greensboro, NC
Company | Rates for drivers with speeding tickets |
|---|---|
Utica National | $1,164 |
Erie | $1,326 |
Farm Bureau | $1,327 |
State Farm | $1,523 |
GEICO | $1,668 |
Cheapest car insurance for drivers with bad credit in Greensboro, NC
Your credit history also plays a big part in your rates when it comes to car insurance. If you have a lower credit score, then your rates will be higher.
Company | Rates for drivers with bad credit |
|---|---|
National General Insurance | $1,024 |
Erie | $1,161 |
MetLife | $1,209 |
Progressive | $1,209 |
Penn National | $1,212 |
Buying car insurance in Greensboro, NC
You are required to have car insurance in North Carolina with minimum coverage amounts of:
Property damage liability per accident: $25,000
Bodily injury or death of one person: $30,000
Bodily injury or death of two or more persons: $60,000
You must be able to provide proof of insurance for your vehicle if requested by law enforcement. Insurance companies are also required to notify the North Carolina Division of Motor Vehicles if your coverage is canceled or lapses. Owners have 10 days after notice from the NCDMV to provide proof of insurance or they risk revocation of their license, fees, and civil penalties.
How to get cheap car insurance in Greensboro, NC
Drive safely: Keep traffic violations to a minimum if you want to get a better insurance rate.
Watch your credit score: A history of good credit will result in lower car insurance rates.
Compare rates: Get multiple quotes from different car insurance companies before you buy a policy.
Find discounts: Ask about discounts for members of the military, low-mileage drivers, safe drivers, good students, and members of professional organizations, including firefighters, teachers, and those in law enforcement.
Bundle multiple policies: If you have renters, homeowners, or other property insurance, using the same company for your car insurance policy could lower all your rates.
Frequently asked questions
Who has the cheapest car insurance rates in Greensboro?
GEICO has the cheapest car insurance rates in Greensboro, North Carolina. On average, rates from GEICO are $773 per year. Farm Bureau also has cheap car insurance in Greensboro.
How can I save money on my car insurance in Greensboro?
You’ll save money on your car insurance by avoiding driving violations and accidents and maintaining good credit.
Is North Carolina a no-fault state?
No, North Carolina is an at-fault state. The insurance of the driver who is at-fault for an accident will pay everyone’s related expenses.
Does North Carolina require car insurance?
North Carolina requires car insurance with a minimum of $30,000 for bodily injury or death of one person, $60,000 for bodily injury or death of two or more persons, and $25,000 for property damage liability per accident.
