Delaney Simchuk, Car Insurance Writer
@delaney_simchuk
The average cost of car insurance in North Carolina ranges from $498 per year for 55-year-olds to $1,738 per year for 16-year-olds. North Carolina residents with a good driving record generally see their car insurance premiums drop around age 25, and average rates continue to fall as policyholders age. However, around age 65, you will likely start to see your rates increase again.
Average Cost of Car Insurance in North Carolina by Age
| Age | Average Premium |
| 16 | $1,738 per year |
| 25 | $534 per year |
| 35 | $512 per year |
| 45 | $511 per year |
| 55 | $498 per year |
| 65 | $511 per year |
Note: Premiums are representative of a male driver with a minimum coverage policy and a clean driving record; individual premiums will vary.
Your car insurance premiums will generally decrease as you get older if you maintain a good driving record. However, there are other ways to lower your car insurance premiums before then, such as looking for discounts, increasing your deductible or comparing quotes from multiple companies.
To learn more, check out WalletHub’s guide to average car insurance rates by age and state.
People also ask
At what age is car insurance cheapest?
Car insurance is cheapest around age 55, on average, according to WalletHub data. Middle-aged drivers with experience on the road are the least expensive to insure because they have the lowest accident and claims rates, especially compared to senior and teenage drivers, who are the most likely to be involved in car crashes. Overall, car insurance is cheapest for drivers aged 35-65.
Cheapest Ages for Car Insurance
| Age | Average Annual Premium |
How much is full coverage insurance in North Carolina?
Full coverage insurance in North Carolina costs an average of $185 per month. A full coverage policy usually includes collision and comprehensive insurance, plus the types of coverage required by North Carolina law. In North Carolina, liability insurance and uninsured motorist coverage are mandatory for all drivers.
Average Cost of Full Coverage Insurance in North Carolina
Company | Full Coverage | Minimum Coverage |
$121 per month | $40 per month | |
$130 per month | $49 per month | |
$141 per month | $42 per month | |
$142 per month | $44 per month | |
$161 per month | $55 per month |
Note: Premiums are average rates for a good driver in North Carolina; individual premiums will vary.
How to Get Cheaper Full Coverage Insurance in North Carolina
- Compare quotes from several companies to make sure you're getting the best deal.
- Increase your deductible. Higher deductibles lead to lower premiums, but remember to only pick a deductible you'd be able to afford in an emergency.
- Don't forget to make sure you're getting all the discounts you can.
To learn more, check out WalletHub's guide to full coverage car insurance.
read full answerWhat car insurance discounts are available in North Carolina?
You can get car insurance discounts in North Carolina based on how you drive, the car you own, and your relationship with your insurance company. In North Carolina, car insurance companies are allowed to consider factors like employment, residential, and marital status when setting premiums. That means there are also discounts available for being married, owning a home, or being affiliated with certain employers.
Almost anyone can get a discount on car insurance in...
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