Cheap Car Insurance Quotes: Charlotte, NC
Erie has the cheapest car insurance in Charlotte, at $77 per month for full coverage and $38 per month for liability-only coverage.
Find Cheap Auto Insurance Quotes in Charlotte
Best cheap auto insurance in Charlotte, NC
How we chose the top companies
Best and cheapest car insurance in Charlotte
- Cheapest full coverage: Erie, $77/mo
- Cheapest minimum liability: Erie, $38/mo
- Cheapest for young drivers: Erie, $84/mo
- Cheapest after a ticket: Progressive, $108/mo
- Cheapest after an accident: Erie, $85/mo
- Cheapest for teens after a ticket: Erie, $106/mo
- Cheapest after a DUI: Progressive, $302/mo
- Cheapest for poor credit: Progressive, $82/mo
Monthly rates based on full coverage car insurance for a 30-year-old man. Some rates use different ages or coverage limits.
Erie has the best mix of cheap quotes and excellent customer service for Charlotte drivers. Progressive does have cheaper rates for some people, though its customer service isn't nearly as good as Erie's.
Cheapest car insurance in Charlotte, NC: Erie
Erie has the cheapest full coverage car insurance quotes in Charlotte.
A full coverage policy from Erie costs around $77 per month, which is less than half the citywide average.
Compare Car Insurance Rates in Charlotte, NC
The average cost of car insurance in Charlotte is $168 per month for a full coverage policy. That's $29 per month more expensive than the North Carolina state average.
Cheapest full coverage auto insurance in Charlotte
Company | Monthly rate | |
|---|---|---|
| Erie | $77 |
| Progressive | $82 |
| State Farm | $110 |
| Geico | $180 |
| Nationwide | $188 |
*USAA is only available to current and former military members and their families.
Cheapest minimum liability insurance in Charlotte: Erie
Erie has the lowest average minimum liability car insurance rates in Charlotte, at $38 per month.
That's less than half the Charlotte average, which is $90 per month.
Cheap minimum coverage auto insurance in Charlotte
Company | Monthly rate |
|---|---|
| Erie | $38 |
| Progressive | $57 |
| State Farm | $71 |
| Nationwide | $77 |
| Geico | $96 |
*USAA is only available to current and former military members and their families.
Compare Car Insurance Rates in Charlotte, NC
Cheapest Charlotte car insurance for teens: Erie
Erie has the most affordable car insurance for young drivers in Charlotte.
A minimum liability policy from Erie costs $84 per month for an 18-year-old, on average. Erie charges teens around $163 per month for full coverage. Both rates are less than half the Charlotte average.
Best cheap car insurance in Charlotte, NC for teens
Company | Liability only | Full coverage |
|---|---|---|
| Erie | $84 | $163 |
| Progressive | $123 | $173 |
| State Farm | $146 | $228 |
| Geico | $156 | $333 |
| Nationwide | $173 | $379 |
*USAA is only available to current and former military members and their families.
Young drivers in Charlotte pay more than twice as much for car insurance as older, more experienced drivers. Their lack of experience behind the wheel suggests they'll be more likely to make a mistake and cause a crash.
Teens can save money on their car insurance by:
- Joining a parent's car insurance policy. A shared policy is typically much cheaper than two separate policies.
- Searching for discounts. Many companies offer discounts for good grades, avoiding accidents and safe driving. When comparing quotes, you should check with each company to make sure you're getting every discount you qualify for.
Cheapest Charlotte, NC car insurance after a speeding ticket: Progressive
Progressive has the cheapest car insurance quotes in Charlotte for drivers with a recent speeding ticket. At $108 per month, full coverage from Progressive is less than half the citywide average after a ticket.
Erie also has very affordable rates after a ticket, at $113 per month for a full coverage policy. Erie's excellent customer service may be worth spending a few extra dollars per month, especially if you're in an accident in the future.
Cheap Charlotte car insurance after a speeding ticket
Company | Monthly rate |
|---|---|
| Progressive | $108 |
| Erie | $113 |
| State Farm | $146 |
| Nationwide | $250 |
| Geico | $264 |
*USAA is only available to current and former military members and their families.
On average, car insurance quotes in Charlotte go up by $65 per month for a full coverage policy. That's an increase of around 39% after one speeding ticket.
Affordable insurance in Charlotte, NC after an accident: Erie
Erie has the best full coverage rates in Charlotte after an accident, at just $85 per month. That's less than one-third of the Charlotte average, and $42 per month less than the second-cheapest option, Progressive.
Cheap insurance in Charlotte, NC after an accident
Company | Monthly rate |
|---|---|
| Erie | $85 |
| Progressive | $127 |
| State Farm | $174 |
| Farm Bureau | $356 |
| Nationwide | $400 |
*USAA is only available to current and former military members and their families.
One accident will raise your rates by an average of around 76% in Charlotte.
Don't rush to switch your car insurance right after an accident. Your rates won't go up until your current policy renews.
Instead, wait until a few weeks to a month before your current policy expires. Your insurance company will send you a renewal offer, which you should compare with quotes from multiple other companies to find the best rate for you.
Cheapest Charlotte insurance for teens with a bad driving record: Erie
Erie has the most affordable quotes in Charlotte for young drivers with a speeding ticket or accident on their record.
After a speeding ticket, a minimum liability policy from Erie costs $106 per month for an 18-year-old. That's less than half the Charlotte average.
Erie also has the cheapest rates for teens after an accident. At $92 per month, minimum liability coverage from Erie is around a third of the citywide average. It also costs much less than the second-cheapest option, Progressive.
Cheap Charlotte auto insurance for teens with a bad record
Company | Ticket | Accident |
|---|---|---|
| Erie | $106 | $92 |
| Progressive | $140 | $153 |
| State Farm | $173 | $190 |
| Geico | $173 | $281 |
| Nationwide | $198 | $275 |
*USAA is only available to current and former military members and their families.
On average, car insurance rates for teens go up by 18% after one speeding ticket and 36% after an at-fault accident.
Cheapest auto insurance in Charlotte after a DUI: Progressive
Progressive has the lowest car insurance rates for Charlotte drivers with a recent DUI. Full coverage from Progressive costs around $302 per month for these drivers, which is less than half the Charlotte average.
Cheap Charlotte car insurance companies after a DUI
Company | Monthly rate |
|---|---|
| Progressive | $302 |
| Erie | $326 |
| Geico | $650 |
| Nationwide | $718 |
| Farm Bureau | $1,334 |
*USAA is only available to current and former military members and their families.
Charlotte drivers with a DUI pay nearly four times more for car insurance than people with a clean driving record.
You may need to get SR-22 insurance after a DUI in North Carolina. Most companies charge between $15 and $50 to file an SR-22 form for you. That's in addition to any increase in your car insurance rates.
Cheapest Charlotte insurance for drivers with poor credit: Progressive
Progressive offers the most affordable full coverage insurance for Charlotte drivers with a poor credit score. At just $82 per month, coverage from Progressive is around one-quarter of the citywide average for people with bad credit.
Cheapest Charlotte, NC car insurance for poor credit
Company | Monthly rate |
|---|---|
| Progressive | $82 |
| Erie | $112 |
| Nationwide | $245 |
| Geico | $262 |
| Farm Bureau | $301 |
*USAA is only available to current and former military members and their families.
Drivers with poor credit pay nearly twice as much for car insurance in Charlotte as those with good credit. That's because insurance companies believe they're more likely to file a claim in the future.
Average auto insurance quotes in Charlotte, NC by neighborhood
The neighborhoods of Highland Creek West, Sugar Creek Davis Lake-Eastfield and have the cheapest car insurance in Charlotte.
People living in these neighborhoods pay an average of $151 per month for full coverage insurance.
The Sugar Creek, Tryon Hills and Druid Hills North and South neighborhoods have the most expensive rates, at $196 per month. Rates are typically more expensive in places with lots of traffic, high car theft rates or poorly maintained roads.
Full coverage quotes by Charlotte ZIP code
ZIP | Monthly Rate | % from average |
|---|---|---|
| 28105 | $160 | -4% |
| 28202 | $152 | -10% |
| 28203 | $152 | -10% |
| 28204 | $152 | -9% |
| 28205 | $194 | 16% |
What's the best car insurance coverage in Charlotte, NC?
Full coverage car insurance is the best choice for most people in Charlotte.
That's because full coverage auto insurance protects your car with collision and comprehensive insurance.
- Collision coverage pays for damage to your own vehicle after a crash, regardless of who was at fault. Collision also covers damage from single-car accidents and collisions with objects.
- Comprehensive coverage pays for damage caused by something other than a car crash, such as natural disasters, hail or theft.
With only minimum coverage, you could face a huge financial loss if you're in an accident. Although minimum coverage meets the legal requirements, medical costs and car damage are usually more expensive than state minimums.
Frequently asked questions
What is the average cost of car insurance in Charlotte, NC?
Full coverage car insurance costs an average of $168 per month in Charlotte. The average cost of minimum liability insurance is $90 per month.
How much is State Farm insurance in Charlotte?
State Farm charges an average of $110 per month for full coverage insurance in Charlotte. That's $58 per month less than the citywide average. However, it's $33 per month more than the cheapest company, Erie.
What's the best car insurance in Charlotte, NC?
Erie has the best-rated car insurance in Charlotte. It's the cheapest company for most people, and it has a reputation for excellent customer service.
Methodology
To find the best cheap auto insurance companies in Charlotte, NC, ValuePenguin collected quotes from seven of North Carolina's largest insurance companies. Rates are for a 30-year-old man with a good credit score and clean driving record who owns a 2015 Honda Civic EX.
Full coverage quotes meet the North Carolina state requirements for liability coverage, and also include collision and comprehensive coverage.
- Bodily injury liability: $50,000 per person and $100,000 per accident
- Property damage liability: $50,000 per accident
- Uninsured and underinsured motorist bodily injury: $50,000 per person and $100,000 per accident
- Uninsured and underinsured motorist property damage: $50,000 per accident
- Collision and comprehensive coverage: $500 deductible
Insurance rate data in this analysis came from Quadrant Information Services. Rates were publicly sourced from insurance company filings. These rates should be used for comparative purposes only.
Editorial Note: The content of this article is based on the author's opinions and recommendations alone. It has not been previewed, commissioned or otherwise endorsed by any of our network partners.