The vehicle that needs insurance is probably the biggest factor when quoting the best insurance for single moms. Vehicles with limited speed and performance, good crash test ratings, or low incidents of liability claims will cost quite a bit less to insure than fast, unsafe models.
The next table showcases auto insurance prices for some of the cheaper automobiles to insure in North Carolina.
| Insured Vehicle | Estimated Cost for Full Coverage |
|---|---|
| Ford Escape XLT 2WD | $1,177 |
| Ford Edge Limited 2WD | $1,191 |
| Jeep Wrangler Unlimited Sport 2WD 4-Dr | $1,233 |
| Ford F-150 Lariat Crew Cab 4WD | $1,237 |
| Ford Explorer Eddie Bauer AWD | $1,244 |
| Hyundai Elantra GLS Touring Station Wagon | $1,258 |
| Toyota Camry SE | $1,279 |
| Honda CR-V EX-L 4WD | $1,288 |
| Toyota Prius | $1,302 |
| Nissan Altima 3.5 SR 4-Dr Sedan | $1,310 |
| Volkswagen Jetta S 2.5 Station Wagon | $1,368 |
| Hyundai Sonata Limited 4-Dr Sedan | $1,389 |
| Dodge Grand Caravan Hero | $1,394 |
| Dodge Ram 3500 Mega Cab SLT 2WD | $1,410 |
| Dodge Ram Crew Cab Sport 2WD | $1,412 |
| Chevrolet Impala LS | $1,460 |
| Toyota Corolla S | $1,467 |
| Find Cheaper Rates Go | |
Price data assumes single female driver age 50, no speeding tickets, no at-fault accidents, $1,000 deductibles, and North Carolina minimum liability limits. Discounts applied include homeowner, multi-vehicle, safe-driver, claim-free, and multi-policy. Table data does not factor in vehicle garaging location which can lower or raise prices significantly.
Looking at the rates, you can presume that models like the Ford Escape, Ford Edge, Jeep Wrangler, and Ford F-150 are the cheaper vehicles to insure for single parents.
For single parents, one of the more important factors that are looked at to determine the annual cost of car insurance is where you normally keep your vehicle. Areas with more people or even just a higher incidence of claims are more likely to pay higher prices, whereas areas with less congestion have the luxury of lower rates.
The table below rates the most expensive places in North Carolina for single moms to buy an auto insurance policy in. Raleigh shows up at #7 with the annual price of $760 for coverage, which is around $63 each month.
| Rank | City | Premium Per Year |
|---|---|---|
| 1 | Jacksonville | $900 |
| 2 | Fayetteville | $896 |
| 3 | Charlotte | $832 |
| 4 | Gastonia | $787 |
| 5 | Cary | $765 |
| 6 | Durham | $765 |
| 7 | Raleigh | $760 |
| 8 | Wilmington | $758 |
| 9 | Greensboro | $756 |
| 10 | Huntersville | $756 |
| 11 | Greenville | $752 |
| 12 | Indian Trail | $745 |
| 13 | Goldsboro | $735 |
| 14 | High Point | $731 |
| 15 | Rocky Mount | $726 |
| 16 | Wilson | $724 |
| 17 | Apex | $717 |
| 18 | Hickory | $711 |
| 19 | Chapel Hill | $696 |
| 20 | Kannapolis | $690 |
| 21 | Concord | $690 |
| 22 | Winston Salem | $688 |
| 23 | Salisbury | $684 |
| 24 | Asheville | $681 |
| 25 | Burlington | $671 |
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Premium costs are comparative as specific Raleigh garaging address can alter rates noticeably.
Deciding which companies have the cheapest auto insurance rates for single moms will take a tad more effort in order to find the lowest price quote. Each auto insurance company has their own process for filing rates in each state, so let’s take a look at the auto insurance companies with the most affordable rates in North Carolina.
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| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Progressive | $632 |
| 2 | Utica National | $636 |
| 3 | Penn National | $717 |
| 4 | Liberty Mutual | $721 |
| 5 | NC Farm Bureau | $730 |
| 6 | GEICO | $742 |
| 7 | State Farm | $749 |
| 8 | Titan | $759 |
| 9 | Auto-Owners | $844 |
| 10 | National General | $890 |
| 11 | Travelers | $900 |
| 12 | Erie | $904 |
| 13 | Allied | $919 |
| 14 | Nationwide | $1,001 |
| 15 | Peerless | $1,002 |
| 16 | Unitrin | $1,032 |
| 17 | Safeco | $1,034 |
| 18 | MetLife | $1,049 |
| 19 | Encompass | $1,073 |
| 20 | Allstate | $1,086 |
| Quote Your Rates Go | ||
Progressive offers some of the lowest car insurance rates in Raleigh at around $632 annually. This is $240 less than the average price paid by North Carolina drivers of $872. Utica National, Penn National, Liberty Mutual, and NC Farm Bureau also make the cut as some of the most economical Raleigh, NC auto insurance companies.
In the above rates, if you currently have a policy with Liberty Mutual and switched to Utica National, you may see an annual premium reduction of in the neighborhood of $85. Customers with NC Farm Bureau could save as much as $94 a year, and GEICO customers might reduce rates by $106 a year.
To see if your current coverage is too expensive, click here to start your free quote or quote rates from the companies below.
Be aware that those estimates are averages for all ages of drivers and types of vehicles and do not factor in an exact vehicle garaging location for single moms. So the auto insurance company that has the cheapest rates for you may not even be in the top 20 companies in the list above. That’s why you need to get rate quotes using your own driver and vehicle profiles.
Get discount Raleigh insurance
Insurance companies that sell policies for single moms could also offer discounts that could lower prices by as much as 40% or more if you can meet the requirements. Companies and some of the discounts include:
- State Farm may include discounts for Steer Clear safe driver discount, student away at school, anti-theft, safe vehicle, and Drive Safe & Save.
- GEICO includes discounts for multi-vehicle, daytime running lights, anti-theft, five-year accident-free, membership and employees, multi-policy, and federal employee.
- Liberty Mutual has discounts for preferred payment discount, new move discount, multi-policy, newly married, safety features, and good student.
- The Hartford offers premium reductions for air bag, good student, defensive driver, driver training, and bundle.
- MetLife offers discounts for good student, multi-policy, defensive driver, accident-free, claim-free, and good driver.
- Progressive policyholders can earn discounts including multi-policy, continuous coverage, online quote discount, good student, multi-vehicle, and online signing.
The example below shows the comparison of car insurance costs with and without some available policy discounts. The premiums assume a female driver, no violations or accidents, North Carolina state minimum liability limits, full coverage, and $250 deductibles. The first bar for each age group shows the average rate with no discounts. The second shows the rates with passive restraint, multiple vehicle, vehicle safety, multiple policy, anti-theft, and safe-driver discounts applied. When drivers take advantage of discounts, theaverage yearly reduction on auto insurance for single moms is 27% or $343.
Violations and accidents raise rates
The best way to enjoy the best auto insurance premiums for single parents is to drive safely and avoid accidents and traffic citations. The chart below illustrates how violations and accident claims drive up car insurance costs for each age group. The premium estimates are based on a married female driver, full coverage, $100 deductibles, and no other discounts are factored in.
In the example above, the average cost of a car insurance policy in North Carolina per year with no violations or accidents is $1,474. Get written up for one speeding ticket and the average cost increases to $1,716, an increase of $242 each year. Now add in one accident along with the one speeding ticket and the 12-month cost of auto insurance for single moms goes up to an average of $2,409. That’s an increase of $936, or $78 per month, just for a couple of infractions!
Does full coverage make sense?
Reducing premiums for auto insurance is the goal of most drivers, and one of the best ways to reduce the cost of insurance for single moms is to not buy full coverage. The information below illustrates the comparison of premium costs with liability coverage only compared to full coverage. The costs are based on no accidents, no driving violations, $250 deductibles, drivers are single, and no discounts are taken into consideration.
As an average, comprehensive and collision coverage on your policy costs $1,316 per year more than insuring for liability only. That raises the question if paying for full coverage is a waste of money. There is no clear-cut formula to eliminate full coverage on your policy, but there is a guideline you can consider. If the annual cost of your full coverage insurance is more than 10% of replacement cost minus your deductible, the it may be a good time to stop paying for full coverage.
How to find economical car insurance for single moms
Lowering your rates is not difficult, and here are some of the recommended penny-pinching ideas that can help North Carolina drivers buy more affordable coverage.
- Pay for smaller claims out-of-pocket
- Keep your driving record clean
- Increase the comprehensive and collision deductibles on your policy
- Accidents can significantly increase rates
- Do not pay for full coverage on older vehicles
- Comparison shop at least once a year
The last item on the list is certainly critical, as was emphasized in this article. Prices charged by auto insurers can be modified anytime, so don’t be hesitant to switch to a new company if a lower-cost policy is available.
Brand loyalty is great, but it’s not recommended if your bullheadedness ends up costing you thousands of dollars over the life of your policy. If you have a few minutes, compare prices and find cheaper auto insurance for single moms in Raleigh.
If you have questions and prefer to have a consultation when shopping for the best coverage for single parents, the agencies below can help you decide which coverage meets your needs best.
To find an agent in your neighborhood, click the button at the bottom.
- Clark Insurance Agency
4004 Barrett Dr #206 – Raleigh, NC 27609 – (919) 844-2995 - GEICO Insurance Agent
5011 Falls of Neuse Rd A – Raleigh, NC 27609 – (919) 862-1300 - Wade S Dunbar Insurance
7951 Monument Ln # 201 – Raleigh, NC 27615 – (919) 720-2290