If your goal is the lowest price, then the best way to get low-cost car insurance rates in Raleigh is to do an annual price comparison from different companies who can sell car insurance in North Carolina. Rates can be compared by following these guidelines.
- Step 1: Read and learn about auto insurance and the measures you can control to prevent rate increases. Many factors that cause rate increases like your driving record and a less-than-favorable credit history can be improved by paying attention to minor details. Read the full article for more details to help prevent high rates and find overlooked discounts.
- Step 2: Request rate estimates from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can only provide price estimates from one company like Progressive or Farmers Insurance, while independent agents can give you price quotes for a wide range of insurance providers. Compare rates now
- Step 3: Compare the quotes to your existing rates and see if you can save money. If you find a lower rate quote, make sure coverage does not lapse between policies.
- Step 4: Provide notification to your current agent or company to cancel your current auto insurance policy and submit the completed application along with a down payment for the new coverage. Make sure you put the certificate verifying coverage in an easily accessible location.
A key point to remember is to use identical coverages on each quote and and to get price estimates from every company you can. Doing this helps ensure an apples-to-apples comparison and and a good selection of different prices.
Remarkably, a study showed that a large majority of drivers have purchased from the same company for a minimum of four years, and almost half have never even compared quotes to find affordable rates. Raleigh insurance shoppers could save $90 every year by just shopping around, but most undervalue the large savings they would see if they moved their coverage to a different company.
Cheap Raleigh car insurance rates with discounts
Car insurance is easily one of your largest bills, but you might already qualify for some discounts to reduce the price significantly. Larger premium reductions will be automatically applied when you get a quote, but some must be specially asked for before you get the savings.
- Low Miles Discount – Driving fewer miles can earn substantially lower premium rates.
- Driver Safety – Taking time to complete a class that teaches defensive driving techniques could possibly earn you a 5% discount and easily pay for the cost of the class.
- Senior Citizen Discount – Mature drivers may receive better car insurance rates.
- Professional Organizations – Being a member of certain professional organizations is a good way to get lower rates on your bill.
- Distant Student Discount – College-age children who are enrolled in a college that is more than 100 miles from Raleigh without a vehicle on campus can be insured at a reduced rate.
Consumers should know that most discounts do not apply to the entire policy premium. Some only reduce the price of certain insurance coverages like collision or personal injury protection. Just because it seems like you can get free auto insurance, that’s just not realistic.
The example below shows the comparison of Nissan 370Z insurance prices with and without discounts applied to the premium. The price estimates are based on a female driver, no violations or accidents, North Carolina state minimum liability limits, full physical damage coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, claim-free, multi-policy, marriage, multi-car, and homeowner discounts applied.
For a list of insurance companies that provide some of the discounts listed above in North Carolina, click here to view.
The quickest method to compare insurance rates from multiple companies is to understand most larger insurance companies provide online access to compare their rates. The only thing you need to do is provide details such as your education level, types of safety features, how you use your vehicles, and if you have an active license. Those rating factors is sent automatically to multiple auto insurance providers and they return cost estimate quickly.
If you would like to start a quote now, click here and complete the quick form.
The companies shown below have been selected to offer quotes in Raleigh, NC. In order to find the best cheap car insurance in Raleigh, NC, it’s a good idea that you get price quotes from several of them in order to find the lowest rates.
Coverage statistics and figures
The information displayed below showcases a range of coverage prices for Nissan 370Z models. Having knowledge of how car insurance premiums are calculated can help customers make smart choices when comparing insurance quotes.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 370Z 2-Dr Coupe | $104 | $236 | $270 | $16 | $80 | $706 | $59 |
| 370Z 2-Dr Roadster | $116 | $236 | $240 | $14 | $72 | $678 | $57 |
| 370Z Touring 2-Dr Coupe | $116 | $266 | $270 | $16 | $80 | $748 | $62 |
| 370Z Touring 2-Dr Roadster | $116 | $236 | $240 | $14 | $72 | $678 | $57 |
| 370Z Nismo 2-Dr Coupe | $116 | $296 | $270 | $16 | $80 | $778 | $65 |
| Get Your Own Custom Quote Go | |||||||
Price data assumes married male driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and North Carolina minimum liability limits. Discounts applied include homeowner, multi-vehicle, multi-policy, safe-driver, and claim-free. Table data does not factor in specific Raleigh garaging location which can affect price quotes significantly.
Deductible comparison
One common question asked by Raleigh drivers is which deductible level should you buy. The rates below sum up the rate differences of buying low and high insurance deductibles. The first set of prices uses a $250 deductible and the second data table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 370Z 2-Dr Coupe | $218 | $440 | $282 | $16 | $84 | $1,065 | $89 |
| 370Z 2-Dr Roadster | $242 | $440 | $250 | $14 | $74 | $1,045 | $87 |
| 370Z Touring 2-Dr Coupe | $242 | $498 | $282 | $16 | $84 | $1,147 | $96 |
| 370Z Touring 2-Dr Roadster | $242 | $440 | $250 | $14 | $74 | $1,045 | $87 |
| 370Z Nismo 2-Dr Coupe | $242 | $556 | $282 | $16 | $84 | $1,205 | $100 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 370Z 2-Dr Coupe | $134 | $276 | $282 | $16 | $84 | $792 | $66 |
| 370Z 2-Dr Roadster | $150 | $276 | $250 | $14 | $74 | $764 | $64 |
| 370Z Touring 2-Dr Coupe | $150 | $314 | $282 | $16 | $84 | $846 | $71 |
| 370Z Touring 2-Dr Roadster | $150 | $276 | $250 | $14 | $74 | $764 | $64 |
| 370Z Nismo 2-Dr Coupe | $150 | $350 | $282 | $16 | $84 | $882 | $74 |
| Get Your Own Custom Quote Go | |||||||
Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and North Carolina minimum liability limits. Discounts applied include claim-free, safe-driver, homeowner, multi-vehicle, and multi-policy. Rates do not factor in specific location which can increase or decrease prices considerably.
Based on the above data, using a $250 deductible will cost you about $24 more each month or $288 a year than selecting the higher $1,000 deductible. Since the policyholder would be required to pay $750 more to file a claim with a $1,000 deductible as compared to a $250 deductible, if you usually have at least 31 months between claims, you would probably be better off by selecting a higher deductible.
How to calculate if higher deductibles make sense
| Average monthly premium for $250 deductibles: | $92 |
| Average monthly premium for $1,000 deductibles (subtract): | – $68 |
| Monthly savings from raising deductible: | $24 |
| Difference between deductibles ($1,000 – $250): | $750 |
| Divide difference by monthly savings: | $750 / $24 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 31 months |
One thing to note is that raising deductibles results in a higher out-of-pocket expense when you have a claim. You will want to have some extra funds in the event you need to pay the higher deductible.
Cost comparison with and without full coverage
The illustration below compares Nissan 370Z insurance costs when comparing full coverage to liability only. Data assumes no claims or driving citations, $250 deductibles, single marital status, and no additional discounts are factored in.
Guidelines for dropping full coverage
There is no clear-cut formula to eliminate full coverage on your policy, but there is a general guideline. If the annual cost of having full coverage is more than about 10% of the settlement you would receive from your company, then you might consider buying liability only.
For example, let’s say your Nissan 370Z replacement value is $4,000 and you have $1,000 deductibles. If your vehicle is totaled, you would only receive $3,000 after paying your deductible. If premiums are more than $300 a year to have full coverage, then you might want to consider buying only liability coverage.
There are some circumstances where dropping physical damage coverage is not a good idea. If you have an outstanding loan on your vehicle, you have to carry full coverage in order to prevent your loan from defaulting. Also, if your finances do not allow you to purchase a different vehicle if your current one is totaled, you should not remove full coverage.
Car insurance is available from agents near you
Certain consumers just prefer to talk to an insurance agent and that is a personal choice. Professional agents can help you choose the best coverages and help submit paperwork. A nice benefit of comparing rate quotes online is that you can obtain better rates and also buy local. Buying from local insurance agents is important especially in Raleigh.
To help locate an agent, after submitting this form (opens in new window), your insurance coverage information is emailed to agents in your area who will give you quotes for your car insurance coverage. You won’t need to leave your computer since rate quotes are delivered to you. If you wish to get a comparison quote from one company in particular, don’t hesitate to go to their quote page and fill out their quote form.
When researching a reputable insurance agent or broker, you must know there are a couple types of insurance agents and how they function. Agencies in Raleigh can be classified as either exclusive agents or independent agents. Both types of agents can write policy coverage, but it’s important to point out the differences because it can impact your agent selection.
Independent Insurance Agents
These agents do not sell for just one brand so they can quote policies with many different companies and potentially find a lower price. If you want to switch companies, an independent agent can move your coverage and you won’t have to switch agencies. When comparing car insurance prices, you should always compare quotes from a couple of independent agencies in order to have the best price comparison. Many can place coverage with lesser-known insurance companies that may provide cheaper car insurance rates.
Below are independent agencies in Raleigh that can possibly get you rate quotes.
- Compare Insurance Agency LLC
6531 Creedmoor Rd # 206 – Raleigh, NC 27613 – (919) 863-0150 – View Map - David White Insurance Agency
6512 Six Forks Rd #102c – Raleigh, NC 27615 – (919) 870-9191 – View Map - G. Suggs Insurance Agency, Inc.
1025 Bullard Ct – Raleigh, NC 27615 – (919) 875-8889 – View Map
Exclusive Agents
Agents of this type normally can only provide a single company’s rates such as Allstate, AAA, Farmers Insurance, and State Farm. These agents are not able to compare rates from other companies so if the price isn’t competitive there isn’t much they can do. Exclusive agents are well schooled on sales techniques and that allows them to sell at a higher price point. A lot of people choose to use an exclusive agent mostly because of the brand name and the convenience of having all coverages with one company.
Shown below are exclusive agencies in Raleigh willing to provide price quote information.
- Allstate Insurance: Jay Adkins
1033 Oberlin Rd Ste 200 – Raleigh, NC 27605 – (919) 755-1133 – View Map - Allstate Insurance: Lauri W. Fair
9101 Leesville Rd Ste 111 – Raleigh, NC 27613 – (919) 846-3901 – View Map - Doug Wingate – State Farm Insurance Agent
2414 Wycliff Rd #110 – Raleigh, NC 27607 – (919) 787-0888 – View Map
Choosing the best auto insurance agent requires you to look at more than just the premium amount. Here are some questions you might want to ask.
- How many companies do they write for?
- Are claims handled at the agent’s location?
- Did they already check your driving record and credit reports?
- Are they involved in claim handling?
- Does the company allow you to choose your own collision repair facility?
- Does their agency support local causes in Raleigh?
- Will your rates increase after a single accident?
- What company holds the largest book of business for them?
Don’t give up on affordable rates
Throughout this article, we presented many tips how you can compare Nissan 370Z insurance auto insurance rates in Raleigh. It’s most important to understand that the more times you quote, the more likely it is that you will get a better rate. Drivers may even discover the most savings is with the smaller companies.
As you go through the steps to switch your coverage, make sure you don’t skimp on coverage in order to save money. There are too many instances where an accident victim reduced uninsured motorist or liability limits and discovered at claim time that it was a big error on their part. Your aim should be to buy a smart amount of coverage at the lowest possible cost.
Insureds change insurance companies for a number of reasons such as not issuing a premium refund, high rates after DUI convictions, unfair underwriting practices or high prices. It doesn’t matter why you want to switch switching companies is easier than you think.
Additional information is available below:
- What if I Can’t Find Coverage? (Insurance Information Institute)
- What Insurance is Cheapest for Drivers with a DUI in Raleigh? (FAQ)
- How Much is Raleigh Car Insurance for a GMC Sierra? (FAQ)
- Who Has Affordable Raleigh Car Insurance Quotes for a Ford Explorer? (FAQ)
- What Auto Insurance is Cheapest for Good Drivers in Raleigh? (FAQ)
- Who Has Cheap Raleigh Car Insurance Rates for Unemployed Drivers? (FAQ)
- Who Has Affordable Auto Insurance Quotes for a Chevrolet Silverado in Raleigh? (FAQ)
- How Much are Car Insurance Rates for Teenagers in Raleigh? (FAQ)
- Credit Impacts Car Insurance Rates (State Farm)
- Honda warning system reduces insurance claims (Insurance Institute for Highway Safety)
- Choosing an Insurance Company (Insurance Information Institute)