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At Bankrate, we strive to help you make smarter financial decisions. To help readers understand how insurance affects their finances, we have licensed insurance professionals on staff who have spent a combined 47 years in the auto, home and life insurance industries. While we adhere to strict editorial integrity, this post may contain references to products from our partners. Here's an explanation of how we make money. Our content is backed by LLC, a licensed entity (NPN: 19966249). For more information, please see our Insurance Disclosure. Bankrate logo The Bankrate promise
Founded in 1976, Bankrate has a long track record of helping people make smart financial choices. We’ve maintained this reputation for over four decades by demystifying the financial decision-making process and giving people confidence in which actions to take next. Bankrate follows a strict , so you can trust that we’re putting your interests first. All of our content is authored by and edited by , who ensure everything we publish is objective, accurate and trustworthy. Our insurance team is composed of agents, data analysts, and customers like you. They focus on the points consumers care about most — price, customer service, policy features and savings opportunities — so you can feel confident about which provider is right for you. We guide you throughout your search and help you understand your coverage options. We provide up-to-date, reliable market information to help you make confident decisions. We reduce industry jargon so you get the clearest form of information possible. All providers discussed on our site are vetted based on the value they provide. And we constantly review our criteria to ensure we’re putting accuracy first. Bankrate logo Editorial integrity
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Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in . Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way. In Greensboro, North Carolina, the average cost of minimum coverage car insurance is $449 per year, while full coverage is $1,392 per year, or $16 per month. Drivers searching for the best cheap car insurance Greensboro has to offer may want to consider getting quotes from Geico, State Farm or North Carolina Farm Bureau. These three carriers offer some of the cheapest average car insurance rates in Greensboro, based on Bankrate research. Compare rates and save on auto insurance today! Get quotes Close X RatesRates keep going up in 2022. Compare rates and save on auto insurance today! Get quotes Close X This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions. Compare auto insurance rates
Answer a few questions to see personalized rates from top carriers. Save on auto insurance with quotes from trusted providers like: Drivers switch & save an average of $750+/year Arrow Right Are you overpaying for auto insurance? Arrow Right Safe drivers choose Allstate Arrow Right Powered by Coverage.com (NPN: 19966249) Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in . Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way. See more providers in Choose from insurers in Show More RATE INCREASE ALERT Rates increased up to 12% this year
Shop for a better rate before you renew your current policy. This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions. Compare auto insurance rates
Answer a few questions to see personalized rates from top carriers. Save on auto insurance with quotes from trusted providers like: Drivers switch & save an average of $750+/year Arrow Right Are you overpaying for auto insurance? Arrow Right Safe drivers choose Allstate Arrow Right Powered by Coverage.com (NPN: 19966249) Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in . Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way. See more providers in Choose from insurers in Show More Best cheap car insurance companies in Greensboro
Geico, State Farm and North Carolina Farm Bureau offer some of the best Greensboro drivers might want to consider, according to data provided by Quadrant Information Services. If you’re looking for minimum coverage, some of the include Nationwide, State Farm and Geico. Quoted annual premiums, along with third-party rankings, financial strength ratings, coverage types, discounts and availability are among the factors used to determine the Bankrate Score. This five-point scaling system developed by Bankrate may help you quickly assess a company and compare carriers when shopping for car insurance. Insurance company Bankrate Score J.D. Power score (Southeast region) Average annual premium for full coverage Average annual premium for minimum coverage 4.8 843/1,000 $901 $337 4.6 855/1,000 $938 $331 North Carolina Farm Bureau 3.6 844/1,000 $1,071 $356 4.4 850/1,000 $1,145 $320 4.6 868/1,000 $1,146 $417 Geico
Geico often makes the “best of” list for its combination of low rates and high customer ratings. Greensboro drivers will find that the average premiums from Geico are significantly lower than the city average, though optional add-on coverages are limited with this carrier. Policyholders may save even more on their premium with potential discounts for members of partnered companies and organizations, including members of the military. However, Geico has the lowest J.D. Power score on our list, indicating that some customers may not be satisfied with the service. Learn more: State Farm
State Farm sells policies through a network of independent agents, so it could be a good choice for drivers who want to work in-person with a local agent. The carrier has in the Greensboro area. State Farm has a high J.D. Power score for customer satisfaction and holds the highest possible financial strength rating from AM Best. Although State Farm performs above average in the Southeast region, it has few optional coverages and discounts, which might not prove to be the right fit for all driver’s needs. Learn more: North Carolina Farm Bureau
The North Carolina Farm Bureau rounds out the top three for cheapest car insurance agencies in Greensboro, but you have to be a Farm Bureau member to take advantage of its rates. The carrier offers basic coverage for auto insurance, but excels in farm-based insurance products. Although may have affordable rates, it performs a few points below the industry average in the Southeast region for customer satisfaction and has the lowest Bankrate Score on our Greensboro list. Nationwide
Drivers in Greensboro, North Carolina may also consider Nationwide car insurance. This carrier has some of the cheapest rates for minimum coverage in the area, but it has one of the most expensive rates for full coverage on our list. To keep car insurance costs low, Nationwide offers several ways to save, including its SmartRide and SmartMiles programs. For drivers looking for policy customization, Nationwide offers accident forgiveness and vanishing deductible options, depending on location. It also received an above-average J.D. Power rating in the Southeast region. Learn more: Erie
Erie Insurance has the highest J.D. Power customer satisfaction rating of the Greensboro car insurance companies on our list, earning third place in the Southeast region. A full coverage car insurance policy from Erie for free such as veterinary coverage if your pet is injured in a crash, auto glass repair and locksmith services if you get locked out of your car. However, those extras still come at a price, with Erie listed as the most expensive carrier on our list. Fortunately, the company’s Rate Lock feature could help keep your rates steady over time. Learn more: How to get and keep the cheapest car insurance in Greensboro
Getting the cheapest car insurance in Greensboro is one thing, keeping it is another. By following these tips, you may be able to maintain cheap rates. These tips may also be helpful in , too. To get cheap car insurance, consider comparing quotes from multiple auto insurance carriers. with the same coverage options may help you identify the cheapest carrier for your coverage needs. If you’re unsure the type and level of coverage you need, speaking with an may help you narrow down your search and get quotes. To keep cheap car insurance, maintain a clean driving record. One of the easiest ways to keep your car insurance rates low may be to maintain a clean driving record. This could help you avoid rate hikes. Plus, avoiding tickets and at-fault accidents may also make you eligible for safe driving discounts or . Frequently asked questions
What is the best car insurance company in Greensboro NC
There are many operating in . Our findings, based on customer ratings and pricing, found that USAA, Geico, Clearcover and State Farm offer some of the best car insurance in the city. However, each driver may have different priorities and budget constraints when it comes to auto insurance. Most insurance experts recommend getting quotes from multiple providers to find the carrier that works best for you.
How much does car insurance in Greensboro cost
The in Greensboro, North Carolina, is $449 per year for minimum coverage and $1,392 per year for full car insurance. Your rate may vary based on factors like the carrier you choose, your driving record, age and ZIP code.
How much car insurance do I need in Greensboro
The requires all drivers to meet minimum liability insurance requirements to drive legally. This includes at least $30,000 in bodily injury per person, at least $60,000 in bodily injury per accident and at least $25,000 for property damage. If your policy lapses, your carrier is required to report it to the DMV.
Does car insurance follow the car or the driver in North Carolina
In North Carolina, car insurance follows the car. So, if you allow someone to borrow your car and they get into an accident, your car insurance would cover the accident, not the person who borrows your car. Consider the repercussions you could face if you allow someone else to drive your car, as your policy could be negatively impacted if they cause an accident.
Methodology
Bankrate utilizes Quadrant Information Services to analyze 2022 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Rates are weighted based on the population density in each geographic region. Quoted rates are based on a 40-year-old male and female driver with a clean driving record, good credit and the following full coverage limits: $100,000 bodily injury liability per person $300,000 bodily injury liability per accident $50,000 property damage liability per accident $100,000 uninsured motorist bodily injury per person $300,000 uninsured motorist bodily injury per accident $500 collision deductible $500 comprehensive deductible To determine minimum coverage limits, Bankrate used minimum coverage that meets each state’s requirements. Our base profile drivers own a 2020 Toyota Camry, commute five days a week and drive 12,000 miles annually. These are sample rates and should only be used for comparative purposes. Bankrate Score
Bankrate Scores are calculated on a five-point scale and primarily reflect a weighted rank of industry-standard ratings for financial strength and customer experience in addition to analysis of quoted annual premiums from Quadrant Information Services, spanning all 50 states and Washington, D.C. We know it is important for drivers to be confident their financial protection covers the likeliest risks, is priced competitively and is provided by a financially-sound company with a history of positive customer support. To determine how well the best car insurance companies satisfy these priorities, third-party agency ratings from , , , , and Moody’s had the most impact on the companies’ Bankrate Scores. As price is a common consideration for drivers, we analyzed quoted premiums based on 40-year-old male and female drivers with a 2019 Toyota Camry. This profile, assessed across nearly 35,000 ZIP codes in the U.S., provided a basis on which drivers may compare each provider. While coverage options, insurer availability, affordability and customer experience are often the top priorities, Bankrate also analyzed each insurer’s online and mobile resources for policy management and claims handling. Insurance is rapidly evolving to keep pace with our digital world, so these aspects also carried weight in determining Bankrate Scores. SHARE: Mandy Sleight has been a licensed insurance agent since 2005. She has three years of experience writing for insurance websites such as Bankrate, MoneyGeek and The Simple Dollar. Mandy writes about auto, homeowners, renters, life insurance, disability and supplemental insurance products. Amelia Buckley is an insurance editor, covering auto, home and life insurance. She emphasizes creating informative, engaging and nuanced content to support readers in making personalized insurance decisions. Related Articles