Why you can trust The Zebra

The Zebra partners with some of the companies we write about. However, our content is written and reviewed by an independent team of editors and licensed agents. Reference our data methodology and learn more about how we make money.

Author profile picture

Renata Balasco

Senior Content Strategist

  • Licensed Insurance Agent — Property and Casualty

Renata joined The Zebra in 2020 as a Customer Experience Agent. Since 2021, she has worked as licensed insurance professional and content strategist.…

Author profile picture

Nathan Foster

Agency Trainer

  • Licensed Insurance Agent - Property and Casualty

Nathan is an insurance professional with a focus on creating positive customer experiences with more than 10 years of industry experience.

Nathan tra…

Author profile picture

Kristine Lee

Insurance Analyst

  • Licensed Insurance Agent — Property and Casualty
  • 4+ years of Experience in the Insurance Industry

Kristine is a licensed insurance agent who joined The Zebra in 2019 as an in-house content researcher and writer. Before joining The Zebra, she was a…

How much does car insurance cost in Greensboro?

The current going rate for auto insurance in Greensboro is $579 for a six-month policy, which is approximately $97 per month on average. It is recommended that you research different auto insurance companies to find the best rate for you.

Residents of Greensboro pay slightly more than the state average for North Carolina ($574) every six months but less than the US average of $880. Of our customers in Greensboro, 40% think they're paying too much for their car insurance. Keep reading to get more information about what fair rates in Greensboro look like and how these costs are calculated.

Car Insurance in Greensboro vs. North Carolina

Updating data...

Car Insurance in Greensboro vs. North Carolina Avg. 6 Mo. Premium
Greensboro Average $579
North Carolina Average $574

Source: The Zebra

The cheapest car insurance companies in Greensboro

1st place medal
1st place: North Carolina Farm Bureau

The cheapest company in Greensboro is North Carolina Farm Bureau with six-month rates at $446 ($74 per month). 

2nd place medal
2nd place: State Farm

State Farm takes second place with average rates at $451 per six-month policy.

3rd place medal
3rd place: GEICO

A GEICO policy in Greensboro costs an average of $82 per month, or $490 for a six-month policy, making this company the third cheapest in the city. 

The Zebra's key takeaways about car insurance in Greensboro:

  • The average cost of a car insurance policy in Greensboro is $579 per six-month policy — $97 per month.
  • The cheapest company in Greensboro is North Carolina Farm Bureau ($446).
  • 40% of Zebra customers in Greensboro stated they used our product because they were paying too much for car insurance with their current provider.

Are you paying too much for auto insurance?

Location pin icon
No junk mail. No spam calls. Free quotes.

Greensboro car insurance rates by company

Based on our latest 2024 data, full coverage cheap car insurance in Greensboro can be found with North Carolina Farm Bureau at a monthly cost of $74, which equals approximately $446 per six-month policy. The runner-up is State Farm, with an average monthly cost of $75 ($451 for a six-month policy).

Learn more about top-rated car insurance companies based on The Zebra's Customer Satisfaction Survey.


Cheapest car insurance companies in Greensboro, NC
Cheapest Car Insurance Companies in Greensboro, North Carolina

Updating data...

Company Avg. 6 Mo. Premium
North Carolina Farm Bureau $446
State Farm $451
GEICO $490
Erie $500
Progressive $612
Nationwide $751
Allstate $886

Source: The Zebra

The Zebra’s Dynamic Insurance Rating Tool data methodology

The Zebra’s Dynamic Insurance Rating Tool for home and auto insurance rates utilizes the latest ZIP code-level rate filings from across the U.S., sourced from Quadrant Information Services and S&P Global. These filings, typically updated annually or biennially by insurers, are verified through Quadrant’s QA process and then integrated into The Zebra’s estimator.

The displayed rates are based on a dynamic home and auto profile designed to reflect the content of the page. This profile is tailored to match specific factors such as age, location, and coverage level, which are adjusted based on the page content to show how these variables can impact premiums.

For a comprehensive understanding, see our detailed methodology.

Shop around for the best rates

To discover affordable coverage that suits your requirements, the best approach is to compare. Insurance providers have varying rates, and so it's important to do your research. Allow The Zebra to take care of the heavy lifting - simply input your ZIP code to view rates from top insurers such as Progressive, GEICO, Allstate, and many more in Greensboro.

Location pin icon
No junk mail. No spam calls. Free quotes.

Average car insurance in Greensboro by rating factor

When determining individual rates, insurance companies consider numerous details. These rating factors are typically used by all car insurance providers, but the emphasis they place on each factor may differ. For example, one insurer may place greater importance on credit score while another might prioritize your claims history.

It's important to remember that the optimal insurance company for you can vary over time. As circumstances change and your insurance needs evolve, make it a priority to obtain quotes from different providers every so often to ensure that you're getting the best rates and coverage possible in Greensboro.

Q: I didn't have an accident — Why is my insurance going up?

A: How much you'll pay for auto insurance in Greensboro is heavily influenced by end-of-year earnings. Despite being an excellent driver with a spotless record, you could end up shelling out more money to one insurance company over another simply due to the rising cost of conducting business in Greensboro.

Auto insurance premiums by age in Greensboro

Car insurance rates are largely determined by age, and Greensboro drivers are no exception. Insurers use data to gauge the risk of drivers and how likely they are to file a claim or get into an accident. Teen drivers, in particular, are the most prone to accidents, which is why they typically have the highest insurance premiums to help compensate for the cost of their claims. Teens in Greensboro pay an average of $697 more than drivers in their 20s, representing the largest gap between any two age groups at 112%.

The high cost of insurance for parents and their teen drivers can be alarming, but it's essential to remember that insurance companies are focused on managing risk. While the initial rate may cause sticker shock, it will gradually decrease over time as the teen gains more driving experience and establishes a safe driving record.

Cheapest car insurance companies for teen drivers in Greensboro, NC
Cheapest Car Insurance Companies for Teen Drivers in Greensboro, NC

Updating data...

Company Avg. 6 Mo. Premium
State Farm $764
North Carolina Farm Bureau $967
Erie $1,107
GEICO $1,279
Progressive $1,334
Nationwide $1,773
Allstate $2,006

Source: The Zebra

Age Bracket Cheapest Companies Avg. 6 Mo. Premium
20s North Carolina Farm Bureau $446
30s North Carolina Farm Bureau $444
40s North Carolina Farm Bureau $444
50s North Carolina Farm Bureau $444
60s North Carolina Farm Bureau $444
70s North Carolina Farm Bureau $444

Zebra Tip: The cheapest companies for Greensboro drivers between 20-30 are North Carolina Farm Bureau, GEICO, and Erie

The majority of drivers in Greensboro are between the ages of 20 and 40. On average, this demographic pays $623 every six months, but by selecting one of these companies, they could save up to 21%.

Auto insurance premiums for minimum coverage in Greensboro

The level of coverage you choose to carry is a critical determinant of your car insurance premium in Greensboro. Based on our findings, approximately 26% of Greensboro drivers carry only the state minimum coverage. While technically, drivers are only required to have a certain amount of coverage, carrying the bare minimum could leave you underinsured.

In Greensboro, purchasing collision coverage or comprehensive coverage (also known as "full coverage" when combined) will significantly raise your rates, and these options also come with a deductible. However, a deductible can be a means of saving money. Increasing your deductible will lower your premium, as the two are inversely related.

In Greensboro, insurance companies provide additional features such as roadside assistance or uninsured motorist coverage that can safeguard you against drivers who lack adequate coverage. Although these extras can increase your overall rates, The Zebra suggests carrying them as an added layer of financial protection, not to mention the peace of mind they bring.

Q: Can I lower my car insurance coverage?

A: Possibly — if your vehicle is paid off.

In Greensboro, based on our research, 46% of drivers own their vehicles outright. If you are leasing or financing your car, your lender most likely has insurance requirements that must be met. However, if you own your vehicle, you may be considering dropping comprehensive or collision insurance to save money. The Zebra recommends using a resource such as Kelley Blue Book to determine the actual cash value of your car before deciding if it's worth reducing your insurance coverage. A good rule of thumb is that if your vehicle is worth less than $-, you can probably eliminate your collision coverage, but remember that you would be responsible for repairs after a collision.

Cheapest car insurance companies for minimum coverage in Greensboro, NC
Cheapest Car Insurance Companies for Minimum Coverage in Greensboro, NC

Updating data...

Company Avg. 6 Mo. Premium
North Carolina Farm Bureau $194
State Farm $201
Erie $220
GEICO $233
Progressive $265
Nationwide $281
Allstate $382

Source: The Zebra

  • Minimum: State liability coverage only
  • Basic: State liability + collision and comprehensive (full) coverage
  • Better: Better liability limits at 50/100/50. Full coverage included with towing and rental car benefits. May include additional personal medical benefits and uninsured/underinsured motorist coverage.
  • Best: Best liability limits at 100/300/50. Full coverage included with better towing and rental car benefits and better personal medical benefits and increased uninsured/underinsured coverage.

Most of our customers in Greensboro opt for the basic level of coverage, but this may not be the best option for everyone. While we understand state minimum coverage is a budget-friendly solution, it does leave you at risk for damages that exceed your liability limits. North Carolina's 30/60/25 liability limits provide coverage for damage you cause up to $30,000 per person in bodily injury, $60,000 per accident in bodily injury and $25,000 for property damage. While this may be sufficient for most standard car accidents, it might not be for bodily injury claims or multi-vehicle accidents.

Learn more about insurance laws in North Carolina.

Greensboro car insurance rates by credit score

In Greensboro, your credit score is a determining factor in your insurance rate, as it is in most states. Louisiana is no exception to this rule. There are several reasons for this, but it ultimately boils down to risk. Research and analysis have shown that drivers with lower credit scores are more likely to file claims, engage in risky driving behaviors, and have lapses in their insurance coverage. Since poor credit is linked to higher risk, the lower your credit score, the more you'll pay for car insurance.

In Greensboro, drivers with poor credit (300-579) pay 36% more for car insurance than drivers with excellent credit (800-850). However, the majority of people driving in Greensboro have an "average" credit score. In 2024, North Carolina Farm Bureau is the most affordable choice for drivers in Greensboro in this credit range, with GEICO coming in second.

car insurance in greensboro by credit score
Cheapest car insurance companies for bad credit in Greensboro, NC
Cheapest Car Insurance Companies for Bad Credit in Greensboro, NC

Updating data...

Company Avg. 6 Mo. Premium
Erie $593
Progressive $612
GEICO $709
North Carolina Farm Bureau $716
Nationwide $963
State Farm $1,035
Allstate $1,426

Source: The Zebra

Zebra Tip: If you recently improved your credit score, shop around for car insurance!

In Greensboro, our research indicates that drivers with "Fair" credit pay $224 less for car insurance in a year than drivers with "Poor" credit. This translates to a savings of 15%! If you've been working to improve your credit score, now may be a good time to compare car insurance rates and see how your efforts can lead to savings.

Auto insurance rates with an at-fault accident

The most common types of insurance claims in Greensboro are collision-type accidents and at-fault violations. These types of claims can significantly increase your rates. In 2024, an at-fault accident raised the average car insurance rates in Greensboro from $97 to $162 per month. North Carolina Farm Bureau is the least expensive insurance company in Greensboro after an at-fault accident, with State Farm a close second.

The best way to keep your insurance rates affordable in Greensboro is to drive safely and avoid violations. While some things are beyond our control, do your best to avoid charges such as speeding citations, DUIs or DWIs, and reckless driving. Your car insurance rates will likely be affected by these incidents for three to five years, and some of the more serious violations can follow you for even longer periods.

Cheapest car insurance companies after an at-fault accident in Greensboro, NC
Cheapest Car Insurance Companies After an At-Fault Accident in Greensboro, NC

Updating data...

Company Avg. 6 Mo. Premium
North Carolina Farm Bureau $672
State Farm $698
Erie $792
Progressive $929
GEICO $1,023
Nationwide $1,199
Allstate $1,812

Source: The Zebra

Greensboro car insurance rates by violation

The following chart displays the extent to which various violations and claims will raise your Greensboro insurance rates.

Car insurance rate increases after violations and citations in Greensboro, NC
Car Insurance Rate Increases After Violations and Citations in Greensboro, NC

Updating data...

Accident/Violation Avg. 6 Mo. Premium % Rate Increase $ Rate Increase
None $579 0% $0
One Med/PIP claim $579 0% $0
Not-at-fault accident $590 2% $11
Two Med/PIP claims $601 4% $22
One comp claim $601 4% $22
Two comp claims $621 7% $42
Failure to show documents $686 19% $107
Failure to wear a seat belt $755 30% $176
Child safety restraint $755 30% $176
Driving without lights $755 30% $176
Texting while driving $796 38% $217
Cell phone violation $796 38% $217
Speeding 6 - 10 MPH over limit $806 39% $227
Driving with expired registration $807 39% $228
Failure to stop at a red light $824 42% $245
Open container $824 42% $245
Wrong way/wrong lane $824 42% $245
Failure to yield $824 42% $245
Illegal turn $824 42% $245
Driving too slowly $824 42% $245
Operating a vehicle without permission $824 42% $245
Speeding in school zone $829 43% $250
At-fault accident - less than $1000 $835 44% $256
At-fault accident - $1000-$2000 $835 44% $256
Speeding 11 - 15 MPH over limit $879 52% $300
In 65 MPH zone $879 52% $300
Speeding 16 - 20 MPH over limit $884 53% $305
Speeding 21 - 25 MPH over limit $884 53% $305
Improper passing $898 55% $319
Following too closely $905 56% $326
At-fault accident - greater than $2000 $971 68% $392
Passing school bus $1,105 91% $526
Reckless driving $1,116 93% $537
Driving with a suspended license $1,723 198% $1,144
Leaving scene of an accident/hit and run $2,428 319% $1,849
Refusal to submit to a chemical test $2,445 322% $1,866
DUI $2,452 323% $1,873
Racing $2,499 332% $1,920

Source: The Zebra

Why is car insurance in Greensboro so expensive?

Auto insurance rates in Greensboro are actually lower than the national average by about $160. Still, drivers can experience high rates for a variety of reasons. One major contributor to these rates is the overall cost of living in certain parts of the city. Greensboro isn't known for being a particularly cheap place to live, and this can drive up insurance rates for companies that operate in the area.

Some important factors contribute to Greensboro's car insurance rates. While personal rating factors take precedent, Greensboro drivers can rest assured that average rates are relatively affordable.

driving icon
Driving conditions

In a report conducted by the community-based navigation app Waze, Greensboro ranked number one for the best city to drive[1]. The North Carolina city was chosen based on traffic density, infrastructure, road safety, driver services and overall driver satisfaction. 

rural area icon
Surrounding rural areas

Greensboro is the neighbor to many rural areas in North Carolina. Rural areas tend to see lower auto insurance rates on average, likely due to lesser drivers and open roads. Greensboro enjoys lower premiums brought down by surrounding rural neighborhoods. 

insurance icon
Most drivers carry insurance

In Greensboro, the risk of colliding with an uninsured driver is lessened. According to the Insurance Research Council, only 7.4% of drivers in North Carolina are uninsured[2]. Typically, insurance companies charge more in areas with high numbers of uninsured drivers in order to recoup losses incurred in the event of a collision with an uninsured driver. In Greensboro, this risk is lower. 

Zebra Tip: Consider uninsured property damage coverage

Even in a city with a low number of uninsured drivers, uninsured motorist coverage (UMPD) can be a smart addition to your auto insurance policy. This coverage can help protect you and your vehicle in the event that you're involved in an accident with an uninsured driver. UMPD coverage is often less expensive than collision coverage and usually comes with a lower deductible. Plus, filing a claim under UMPD tends to have less of an impact on your long-term insurance rates compared to a collision claim.

Bundling insurance policies in Greensboro

With car insurance rates seemingly on the rise, it's natural to feel concerned about the cost of coverage. But don't worry, there are still plenty of ways to save money on your policy. One smart strategy is to bundle your policies with a single insurance company. If you carry renters or homeowners insurance, for example, you may be eligible for discounts on your auto insurance by combining your policies. By bundling home and auto insurance, you could save up to 10% on your premiums.

If you currently have separate policies for your car and home, it may be worth reaching out to your insurance agent to see if you can save money by bundling them together. This simple step can often result in significant savings on your premiums. And if you're in the market for a new insurance company, be sure to ask about bundling discounts as you shop around for rates. Some of the companies below are known for offering some of the best rates on bundled home and auto coverage.

bundling home and auto insurance in greensboro
Cheapest car insurance companies for bundling home and auto insurance in Greensboro, NC
Cheapest Car Insurance Companies for Bundling Home and Auto Insurance in Greensboro, NC

Updating data...

Company Avg. 6 Mo. Premium
State Farm $388
Erie $460
North Carolina Farm Bureau $469
GEICO $473
Progressive $612
Nationwide $674
Allstate $729

Source: The Zebra

While some things may be out of your control, drivers can work to make their profiles more appealing to insurers. The best advice we offer is to shop around and compare auto insurance quotes with as many companies as possible to ensure you're getting the most affordable rate that doesn't compromise coverage and service — especially if any personal factors have changed (like moving, celebrating a birthday and improving your credit). Try as you might, some companies are just more expensive than others; don't be afraid to switch.

When it comes to determining your car insurance premium, there are factors that are both in and out of your control. While you may not be able to change all of these variables, one thing you can do is shop around for the most affordable rate. By comparing auto insurance quotes from multiple companies, you can ensure that you're getting the coverage you need to feel secure on the road without breaking the bank or compromising on customer service.

If you're looking to save money on your car insurance, it's important to keep an eye out for rate changes that may occur after significant life events or financial changes. For example, if you improve your credit or celebrate a milestone birthday, you may be eligible for lower rates. And if you find that your current insurance company is too expensive, don't be afraid to shop around and switch to a new provider that better fits your needs and budget.

Find the best rates for both auto and home insurance in minutes!

Location pin icon
No junk mail. No spam calls. Free quotes.

Frequently asked questions

Car insurance premiums in Greensboro are more affordable, with the typical six-month policy averaging around $579, or $97 per month. This is less expensive compared to the national average. To find the best rate, it's important to compare quotes from different insurers and consider adjusting your coverage levels

In Greensboro, drivers can find the most affordable car insurance rates with North Carolina Farm Bureau, averaging at just $446 per six-month policy.

Greensboro is a relatively affordable city for car insurance. Average premiums are less than the national average and on par with the average for North Carolina. Low rates are likely due to safer driving conditions, surrounding rural areas bringing costs down, and a lower number of uninsured drivers.

Find affordable rates in minutes!

Location pin icon
No junk mail. No spam calls. Free quotes.

How much is car insurance near me? — explore more cities near Greensboro, NC

About The Zebra

The Zebra is not an insurance company. We publish data-backed, expert-reviewed resources to help consumers make more informed insurance decisions.

  • The Zebra’s insurance content is written and reviewed for accuracy by licensed insurance agents.
  • The Zebra’s insurance editorial content is not subject to review or alteration by insurance companies or partners.
  • The Zebra’s editorial team operates independently of the company’s partnerships and commercialization interests, publishing unbiased information for consumer benefit.
  • The auto insurance rates published on The Zebra’s pages are based on a comprehensive analysis of car insurance pricing data, evaluating more than 83 million insurance rates from across the United States.