Who Has Affordable Charlotte Auto Insurance Rates for Active Military?

Wouldn’t it be great if we could tell you instantly the single company that has the most affordable coverage for active military? Regrettably, it’s not quite that easy, as there are a whole slew of unknowns such as if you are married, whether or not your vehicle has good safety ratings, and if you have a coverage lapse, that all impact the cost of coverage. This article covers the different scenarios that increase car insurance cost and will give you a solid foundation to find cheaper car insurance in Charlotte.

For military personnel, one of the more important considerations that are looked at to determine auto insurance rates is your address. Areas with high crime rates or more dense population tend to pay slightly more, whereas more rural areas get the luxury of paying less.

The next table sorts the most costly cities in North Carolina for active military to purchase car insurance in. Charlotte is ranked #3 with an annual cost of $840 for the average insurance policy, which is approximately $70 monthly.

How much is car insurance in Charlotte?
Rank City Annual Rate
1 Fayetteville $896
2 Jacksonville $891
3 Charlotte $840
4 Gastonia $811
5 Durham $797
6 Wilmington $781
7 Greensboro $779
8 Cary $772
9 Greenville $760
10 Indian Trail $753
11 Goldsboro $743
12 Huntersville $742
13 Hickory $740
14 Raleigh $737
15 High Point $731
16 Apex $725
17 Wilson $724
18 Rocky Mount $718
19 Chapel Hill $703
20 Winston Salem $695
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Information shown are comparative as the specific zip code location can lower or raise insurance rates significantly.

Finding out which insurers offer the cheapest auto insurance rates for active military takes a little more work in order to find the most economical policy. Every auto insurer uses their own calculation for setting prices, so let’s examine the auto insurance companies with the overall best prices in Charlotte.

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Who has the cheapest car insurance in North Carolina?
Rank Company Cost Per Year
1 Progressive $651
2 Utica National $655
3 NC Farm Bureau $709
4 Penn National $725
5 GEICO $728
6 Liberty Mutual $728
7 Titan $737
8 State Farm $779
9 Auto-Owners $844
10 National General $908
11 Erie $922
12 Travelers $927
13 Allied $928
14 Peerless $972
15 Nationwide $1,001
16 Unitrin $1,002
17 MetLife $1,007
18 Safeco $1,034
19 Encompass $1,041
20 Allstate $1,097
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Progressive quotes some of the most affordable car insurance rates in Charlotte at around $651 a year. Utica National, NC Farm Bureau, Penn National, and GEICO also rank well as some of the more affordable Charlotte, NC car insurance companies.

As the rates illustrate above, if you are a customer of Utica National and switched to Progressive, you might see yearly savings of roughly $4. Drivers with NC Farm Bureau could save as much as $58 a year, and Penn National insureds might cut rates by $74 a year.

If you want to see how much you could save, click here to start your free quote or click through to the companies below.

These policy prices are averaged for all drivers and vehicles and and are not figured with a specific vehicle garaging location for active military. So the car insurance company that is best for you may not even be in the list above. That helps illustrate why you need to compare rates from as many companies as possible using your own specific driver information and vehicle.

The diagram below demonstrates how choosing different deductibles can impact insurance costs when searching for cheap insurance for active military. The data is based on a single male driver, full physical damage coverage, and no discounts are applied to the premium.

A 50-year-old driver could lower their car insurance rates by $278 a year by switching the physical damage coverage from a $100 deductible to a $500 deductible, or save $416 by using a $1,000 deductible. Young drivers, like the age 20 example, could drop their prices $924 annually by using a higher deductible. When raising deductibles, it is a good idea to have plenty of money set aside to be able to cover the extra out-of-pocket expense that is associated with using high deductibles.

Responsible drivers pay cheaper auto insurance rates

A great way to find the most affordable auto insurance rates in Charlotte for military personnel is to drive safe and maintain a clean driving record. The chart below illustrates how traffic citations and accident claims raise auto insurance rates for different age groups. The rate quotes are based on a married female driver, comp and collision included, $1,000 deductibles, and no discounts are taken into consideration.

The data in the chart shows the average cost of a car insurance policy in North Carolina per year with a clean driving record and no accidents is $877. Get one speeding ticket and the average cost swells to $1,021, an increase of $143 each year. Now add in two accidents along with the one speeding ticket and the yearly cost of auto insurance for active military jumps again to an average of $2,343. That’s an increase of $1,465, or $122 per month, just for not keeping your driving record clean!

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Charlotte auto insurance rates are based on many factors which can substantially change the price you pay. Getting older, having a teenage driver, or getting a speeding ticket can trigger changes in premium resulting in some rates now being cheaper than competitors.

Also, auto insurance companies change rates as often as every three months in order to protect their financial rating. Significantly higher losses may cause higher priced premiums, while lower claims can cause more affordable Charlotte car insurance rates.

To illustrate this point, the data below analyzes the cheapest car insurance in Charlotte, NC for a 35-year-old male driver with no accidents, a clean driving record, and a good credit history. If we look at prices based on his current situation, Progressive might quote the best car insurance rates in Charlotte at $836 each year. This is $36 less than the average rate paid by North Carolina drivers of $872. Utica National, Liberty Mutual, GEICO, and NC Farm Bureau are also on the list of the cheapest Charlotte, NC auto insurance companies.

Now we will pretend the driver from the above example a claim, poor credit, and a traffic ticket or two. Since each insurance company has their own process for setting prices, getting updated rate quotes will most likely result in a substantially altered list of affordable companies as shown below.

Penn National now has the best price on car insurance in Charlotte with State Farm, Auto-Owners, National General, and Utica National also having competitive pricing. This example demonstrates why Charlotte drivers need to perform a complete rate comparison to get affordable insurance rates for active military.

Insurance prices are calculated by many different factors and can decrease or increase without notice, so the best price two years ago may now be costing you a lot of money.

If you would rather get some guidance when trying to find the best insurance rates for military personnel, the agents below can probably help you decide which auto insurance policy fits you best. To locate a Charlotte insurance agent close to where you live, click the button below the list.

Lawing – Elvington Insurance Agency
6132 Brookshire Blvd bCharlotte, NC 28216(704) 391-8483

Honeycutt Insurance Agency
3121 Springbank Ln FCharlotte, NC 28226(704) 752-8233

Alex Williamson – State Farm Insurance Agent
4108 Park Rd #106Charlotte, NC 28209(704) 525-9995

Brian McCaw – State Farm Insurance Agent
5950 Fairview Rd #220Charlotte, NC 28210(704) 554-0144

More Charlotte, NC insurance agents