Cheapest Car Insurance In Greensboro, NC 2024

The lowest-priced minimum coverage car insurance in Greensboro comes from North Carolina Farm Bureau, with an average rate of $24 per month.

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Updated: 16 November 2024
Written by Bob Phillips
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If you’re comparing car insurance prices in Greensboro, NC, you’ll see that the cheapest options can fluctuate greatly.

For the cheapest liability-only coverage, North Carolina Farm Bureau is unmatched. When it comes to full coverage, North Carolina Farm Bureau again offers the best prices, while young drivers get the lowest rates from Progressive.

Cheapest Car Insurance Companies In Greensboro, NC

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Cheapest For Minimum Coverage - North Carolina Farm Bureau
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Cheapest For Full Coverage - North Carolina Farm Bureau
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Cheapest For Seniors - State Farm
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Cheapest For Teenagers - Nationwide
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Cheapest For Good Drivers - North Carolina Farm Bureau
Cheapest Car Insurance, Greensboro, NC

Cheapest Liability-only Car Insurance In Greensboro: North Carolina Farm Bureau

For only $24 a month on average, North Carolina Farm Bureau provides the cheapest minimum coverage car insurance in Greensboro.

Use the table shown below to compare rates offered by different car insurance companies.

Provider Average Monthly Cost Average Annual Cost
North Carolina Farm Bureau $24 $290
Progressive $34 $405
Nationwide $47 $560
Kemper $66 $790
Allstate $81 $968

Cheapest Full Coverage Insurance Rates In Greensboro: North Carolina Farm Bureau

North Carolina Farm Bureau has the best rates for full coverage in Greensboro, with average monthly premiums of $48.

The table beneath compares average car insurance quotes from reasonably priced insurers in Greensboro.

Provider Average Monthly Cost Average Annual Cost
North Carolina Farm Bureau $48 $570
Nationwide $98 $1,170
Erie $56 $670
Allstate $169 $2,030
Kemper $118 $1,415

Cheapest Car Insurance Rates For Seniors: State Farm

State Farm provides the lowest car insurance rates for seniors in Greensboro, at an average of $45 a month.

Refer to the table below for average quotes from senior-friendly, budget auto insurance companies.

Provider Average Monthly Cost Average Annual Cost
State Farm $45 $540
GEICO $131 $1,570
National General $117 $1,409
Kemper $141 $1,690
Allstate $146 $1,750

Cheapest Rates In Greensboro For Teenagers: Nationwide

With average premiums of $117 a month, Nationwide provides the cheapest rates for teenage drivers in Greensboro.

The table below details the companies providing the lowest-cost insurance for teenagers.

Provider Average Monthly Cost Average Annual Cost
Nationwide $117 $1,398
Kemper $228 $2,730
GEICO $365 $4,380
Progressive $199 $2,390
Allstate $253 $3,040

Cheapest Auto Insurance For Young Adults in Greensboro: Progressive

For young adults in Greensboro, Progressive provides the lowest average rate of $53 per month.

The table below compares the cheapest auto insurance premiums in Greensboro for young adults.

Provider Average Monthly Cost Average Annual Cost
Progressive $53 $640
GEICO $118 $1,418
Farm Bureau $58 $690
Allstate $188 $2,260
Nationwide $113 $1,350

Cheapest Car Insurance In Greensboro For Good Drivers: North Carolina Farm Bureau

North Carolina Farm Bureau has the best car insurance rates for good drivers in Greensboro, averaging $24 per month.

Safe drivers can find average quotes from affordable insurance companies by looking at the table below.

Provider Average Monthly Cost Average Annual Cost
North Carolina Farm Bureau $24 $290
Progressive $34 $405
Nationwide $47 $560
Kemper $66 $790
Allstate $81 $968

Cheapest Car Insurance In Greensboro After A Speeding Ticket: State Farm

Drivers in Greensboro with a speeding ticket can find low rates with State Farm, averaging $65 per month.

The table below compares average rates for drivers who have a speeding ticket.

Provider Average Monthly Cost Average Annual Cost
State Farm $65 $782
Nationwide $139 $1,670
Erie $87 $1,041
Progressive $79 $950
Kemper $210 $2,520

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Cheapest For Drivers With After At-Fault Accident: State Farm

In Greensboro, State Farm offers the most affordable car insurance for drivers with at-fault accidents, with an average monthly rate of $60.

The list below highlights car insurance companies with the most cost-effective rates for drivers who have an at-fault accident.

Provider Average Monthly Cost Average Annual Cost
State Farm $60 $721
Nationwide $153 $1,830
Erie $80 $956
Farm Bureau $63 $750
Allstate $213 $2,560

Cheapest Rates In Greensboro For Drivers After A DUI: North Carolina Farm Bureau

With average premiums of $165, North Carolina Farm Bureau offers the most affordable car insurance for Greensboro drivers after a DUI.

The table below lists the cheapest rates available to drivers in Greensboro with a DUI.

Provider Average Monthly Cost Average Annual Cost
North Carolina Farm Bureau $165 $1,980
Erie $223 $2,670
State Farm $167 $2,006
Progressive $209 $2,513
Kemper $492 $5,899

Best Car Insurance Companies In Greensboro

The cheapest insurance for Greensboro drivers comes from North Carolina Farm Bureau at $24 a month, with State Farm and Progressive following at $25 and $34 per month.

The following list shows the top 10 car insurance companies in Greensboro, NC, based on their average monthly rates.

Company Monthly Premium
North Carolina Farm Bureau $24
Progressive $34
State Farm $26
Erie  $30
Nationwide $47
Kemper $66
Allstate $81
National General $90
SAFECO $104
Direct Auto $65

Average Auto Insurance Rates In Greensboro – By Age

Age significantly impacts car insurance rates. Younger drivers, particularly teens, generally pay higher premiums due to their inexperience and the greater risk they pose on the road. Teenagers usually pay approximately $1,824 annually.

At age 25, car insurance rates usually begin to drop for drivers who have a clean driving history.

Drivers in their 50s and early 60s often enjoy the most affordable insurance rates because their age is seen as an indicator of experience and lower risk, which lowers premiums.

Age Average Yearly Rate
Teenagers $1,824
20s $2,160
30s $1,860
40s $1,536
50s $1,500
60s $1,548
70s $1,224

Average Rates In Greensboro – By Vehicle

Car insurance rates are heavily influenced by the vehicle you drive, including its make, model, year, and body type. Typically, newer cars, especially luxury models, cost more to insure due to their advanced technology and higher repair and replacement costs.

The table below offers a comparison of average rates for different vehicles in Greensboro.

Vehicle Average Monthly Rate
Nissan Sentra $430
Toyota Celica $127
Kia Soul $292
Jeep Compass $226
Hyundai Tucson $58

How Much Is Car Insurance In Other Cities In North Carolina?

The location you live in can have a big effect on your car insurance premiums. Cities, where the risk of accidents, vehicle theft, and vandalism is usually higher, tend to have higher rates.

In Charlotte, drivers can expect to pay an average of $140 a month for car insurance, while in Asheville, the average rate is $102 per month.

City Average Monthly Rate
Fayetteville $128
Raleigh $115
Greenville $119
Charlotte $140
Asheville $102
Cary $107
Chapel Hill $105
Indian Trail $126
Durham $113
Concord $118

Average Cost Of Auto Insurance In Greensboro – By Zip Code

The zip code you live in helps insurers assess crime rates, and this impacts the car insurance rates you’ll be charged.

Below is a table showing the average insurance rates for various Greensboro zip codes.

City Average Monthly Rate
27407 $140
27405 $148
27406 $141
27415 $116
27427 $48

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Our Methodology

Using a wide-ranging analysis that looks at customer service, product options, pricing, and feedback from online reviews and user experiences, I’ve developed a detailed understanding of Greensboro's car insurance market.

107

Quotes Analyzed

15+

Years of Industry Experience

31

Brands Reviewed

30+

Research Hours

FAQs

Who has the lowest car insurance rates in Greensboro?

In Greensboro, North Carolina Farm Bureau leads in low rates for minimum coverage, and North Carolina Farm Bureau offers the best full coverage rates, including comprehensive and collision.

What is the average cost of car insurance in Greensboro?

Car insurance in Greensboro averages about $140 per month, with rates influenced by your vehicle’s make and model, zip code, and driving history.

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