This would be a quick read if we could simply give you the name of the company that is cheapest in North Carolina. It's just not that simple, as there are many unknowns like if you are a man or woman, if you have ever let your policy lapse, your annual mileage driven, and the neighborhood you live in. This article will discuss the different ways to avoid overpaying and hopefully give you enough understanding to have a good start in finding the cheapest car insurance in North Carolina.
The make and model of vehicle needing coverage is a large consideration in finding the lowest-priced auto insurance for teenage females. Vehicles with average performance, a plethora of safety features, or a low likelihood of having liability claims will cost less to insure than adrenaline junky models.
The data below presents car insurance rates for the more affordable automobiles to insure.
|Make, Model, and Trim Level||Estimated Cost for Full Coverage|
|Hyundai Elantra GLS Touring Station Wagon||$4,776|
|Honda CR-V EX 4WD||$4,818|
|Ford Escape Limited 4WD||$5,109|
|Ford Explorer XLT 4WD||$5,373|
|Ford Edge SE AWD||$5,621|
|Chevrolet Impala LS||$5,627|
|Toyota RAV4 Limited 4WD||$5,664|
|Chevrolet Malibu Hybrid||$5,671|
|Chevrolet Equinox LS 2WD||$5,664|
|Dodge Grand Caravan Hero||$5,671|
|Ford F-150 Lariat Crew Cab 4WD||$5,706|
|Toyota Tacoma X-Runner 2WD||$5,955|
|Toyota Corolla LE||$5,961|
|Honda Odyssey EX-L W/Navigation||$5,955|
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Table data assumes single female driver age 16, no speeding tickets, no at-fault accidents, $1,000 deductibles, and North Carolina minimum liability limits. Discounts applied include safe-driver, and claim-free. Rate information does not factor in zip code location which can influence coverage rates substantially.
By looking at the data, we can assume that makes and models like the Hyundai Elantra, Honda CR-V, Ford Escape, Toyota Prius, and Ford Explorer are most likely to be the cheaper vehicles to insure for teen girls. The cost of auto insurance will tend to be more expensive just due to the fact that there is more claim exposure for teenage females, but overall those particular vehicles will have the cheapest rates that you'll find.
For teen girls, one of the largest considerations that aid in calculating the price you pay for insurance is where you choose to live in Charlotte. Cities with larger populations or higher claim trends likely pay more, whereas areas with lower crime rates and fewer weather claims have the gratification of cheaper auto insurance rates.
The table below shows the priciest cities in North Carolina for teenage females in which to purchase auto insurance. Charlotte ranks #3 with an annual rate of $840 for coverage, which is about $70 monthly.
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Price information shown is estimated as zip code location can increase or decrease premiums considerably.
Establishing which companies quote the lowest-priced car insurance rates for teenage females will take a tad more effort in order to find a policy that fits your budget. Every car insurance company has their own guidelines to determine rates, so let's take a look at the lowest cost car insurance companies in Charlotte.
Best Car Insurance Prices for Teens
|Rank||Company||Cost Per Year|
|4||NC Farm Bureau||$737|
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Progressive quotes some of the most affordable car insurance rates in Charlotte at around $632 per year. This is $240 less than the average price paid by North Carolina drivers of $872. Utica National, Liberty Mutual, NC Farm Bureau, and GEICO also rank well as some of the most economical Charlotte, NC insurance companies.
As illustrated above, if you are insured with NC Farm Bureau and switched to Progressive, you might realize annual savings of upwards of $105. Drivers with GEICO may save as much as $110 a year, and Penn National customers might lower prices by up to $115 a year.
Remember that these premium estimates are averaged for all insureds and vehicles and and are not figured with a vehicle location for teenage females. So the auto insurance company that has the cheapest rates for you may not even be in the top 20 companies shown above. That point stresses why you need to get auto insurance quotes using your own individual information.
How careless driving impacts Charlotte car insurance rates
The common sense way to earn the best car insurance prices in Charlotte for teen girls is to drive carefully and avoid traffic citations and accidents. The information below demonstrates how citations and accident claims raise auto insurance rates for different age groups. The premiums assume a single female driver, comprehensive and collision coverage, $100 deductibles, and no additional discounts are factored in.
In the chart above, the average cost of an auto insurance policy in Charlotte per year with no accidents and a clean driving record is $1,817. Get one speeding ticket and the average cost increases to $2,058, an increase of $242 each year. Then add one accident along with the one speeding ticket and the annual cost of car insurance for teenage females increases to an average of $2,750. That's an increase of $934, or $78 per month, just for not being attentive to the road!
The example below demonstrates how choosing different deductibles can change annual premium costs when getting quotes for cheap insurance for teenage females. The rates are based on a married male driver, full coverage, and no discounts are taken into consideration.
The data above shows that a 50-year-old driver could cut expenses by $174 a year by switching their comprehensive and collision coverages from a $100 deductible up to a $500 deductible, or save $262 by selecting a $1,000 deductible. Younger drivers, like the 20-year-old, could roll back prices up to $578 each year just by choosing higher deductibles.
When increasing deductibles, it is a good idea to have additional funds in a savings account to enable you to cover the extra out-of-pocket expense, which is the primary disadvantage of high deductibles.
How to get discounts on Charlotte auto insurance
Insurance providers that provide coverage for teenage females may also give you special discounts that may potentially lower prices by as much as 35% if you meet the requirements. A list of car insurance companies and a summarized list of policyholder discounts are included below.
- Esurance discounts include homeowner, anti-lock brakes, Switch & Save, DriveSense, online quote, paid-in-full, and online shopper.
- The Hartford may offer discounts for bundle, anti-theft, driver training, vehicle fuel type, and air bag.
- AAA has savings for multi-car, good student, pay-in-full, good driver, AAA membership discount, and anti-theft.
- GEICO policyholders can earn discounts including federal employee, anti-lock brakes, multi-policy, seat belt use, multi-vehicle, and driver training.
- State Farm may have discounts that include defensive driving training, driver's education, good student, accident-free, good driver, and Steer Clear safe driver discount.
The information below illustrates the comparison of insurance prices with and without policy discounts. The information is based on a male driver, no violations or accidents, North Carolina state minimum liability limits, comprehensive and collision coverage, and $500 deductibles.
The first bar for each age group shows the price with no discounts. The lower bar shows the rates with vehicle safety, paperless filing, anti-theft, paid-in-full, continuous coverage, and passive restraint discounts applied. When these discounts are applied, the average savings per year on car insurance for teenage females is 28% or $431.
How to find the cheapest insurance for teenage females
The list below summarizes a few money-saving suggestions that can help drivers quote low-cost coverage.
- Drive a car with a high safety rating
- Do not pay for full coverage if not needed
- Buying home and auto together can help save money
- Too many claims can make car insurance unaffordable
- Maintain a safe distance and avoid accidents
- Violations like speeding or DUI increase rates
- Shop around once a year for cheaper rates
The final tip is extremely vital, as we stressed in the prior article. Auto insurance prices in Charlotte change constantly, so drivers shouldn't be reluctant to buy from a new company if a better deal can be had.
Having a favorite company is great, but we do not recommend it if that stubbornness costs you money that could be used for better things. In just a few minutes you could compare rates to find cheaper insurance for teenage females.
The agents listed below can most likely provide answers to your questions and help you determine which auto insurance policy fits you best, since some drivers aren't sure which coverage they need and prefer to get help from a professional when shopping for the best coverage for teen girls. It's not always easy to do it yourself, so a licensed agent can add satisfaction knowing you have enough coverage if you have a claim.
To find a Charlotte insurance agency by location nearest to you, click the button after the list.
Kyle Fadeley - State Farm Insurance Agent
13551 Steelecroft Pkwy #120 - Charlotte, NC 28278 - (704) 588-5585
Sarah Highfill - State Farm Insurance Agent
7845 Colony Rd - Charlotte, NC 28226 - (704) 541-9999
Pegram Insurance Agency
9010 Glenwater Dr #103 - Charlotte, NC 28262 - (704) 494-9495