Car insurance costs an average of $71 per month in Cary. If you're paying too much, compare rates and save.
The typical Cary driver pays $856 per year for auto insurance. That's less expensive than the average across North Carolina ($955) and cheaper than the national average of $1,548. Our guide to Cary auto insurance includes average rates based on age, credit score, driving history and marital status. Read on to learn more!
|Cary Average (annual)||North Carolina Average||National Average|
One of the best ways to save on auto insurance is to compare rates from multiple companies and to choose the insurer that best fits your coverage needs. For a typical insurance customer, GEICO provides Cary's cheapest rates. Reference below the top options for affordable insurance in Cary. Don't forget to get car insurance quotes based on your unique driving profile.
|Company||Average Yearly Rate|
|North Carolina Farm Bureau||$698|
The age group that enjoys the lowest auto insurance rates in Cary are drivers in their 60s, who pay an average of $799 per year. Those in their 50s don't pay significantly more ($800).
The Cary drivers facing the priciest insurance rates are teenagers. One of the easiest ways to lower your car insurance rates as a driver in Cary is to age out of your teenage years. The cost differential between the car insurance premiums paid by teenage drivers and drivers in their 20s in Cary is $997, the largest such difference between any two age brackets.
|Age||Average Yearly Rate|
Marital status and gender are contributing factors to car insurance rates in many cases. Married drivers in Cary pay $6 more than single drivers for car insurance. Married drivers pay less for car insurance than do single drivers in many locations. Rates for those who are widowed are also much cheaper than rates for those who are single.
Gender is yet another factor that can affect auto insurance premiums, but men and women typically pay the same rates for auto insurance in Cary.
|Marital Status/Gender||Average Yearly Rate|
Maintaining a clean driving record is an effective way to minimize your auto insurance costs. Speeding citations, reckless driving charges, DUIs and DWIs, and at-fault accidents all tend to bring about rate increases.
Cary drivers found guilty of reckless driving pay a steep price when it comes to auto insurance, facing a rate increase of $743 per year versus the city average. A ticket for speeding results in a $442 rate hike while a DWI or DUI violation costs $3,049per year in extra insurance expenditures.
|Incident||Average Annual Rate|
|At-fault Accident (damages less than $1,000)||$1,147|
|At-fault Accident (damages > $2,000)||$1,415|
|Speeding Ticket (16-20 mph over speed limit)||$1,297|
Credit score is often closely correlated with car insurance costs. Cary drivers who improve their credit score from "Very Poor" (300-579) to "Exceptional" (800-850) can save as much as 42% on their car insurance premiums. If you move from the "Very Poor" credit tier to the "Fair" credit tier, you could be in line for an auto insurance price adjustment. In Cary, moving into the "Fair" credit tier corresponds to an average of $362 in savings on insurance each year.
|Credit Level||Average Rate (annual)|