How much does auto insurance cost in Fayetteville?
The average car insurance rate in Fayetteville is $1,188 per year. That's more than the average across North Carolina ($955) and less expensive than the national average of $1,548. Keep reading to learn more about how much you can expect to pay based on your marital status, age, credit score, and other factors in Fayetteville.
FAYETTEVILLE CAR INSURANCE RATES
|Fayetteville Average (annual)||North Carolina Average||National Average|
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Fayetteville car insurance premiums by insurer
The difference in auto insurance rates from company to company can be substantial. In Fayetteville, GEICO offers the cheapest rates for the average insurance customer. We've gathered the best cheap car insurance companies in Fayetteville below. You should only use this list as a starting point: it's important to compare quotes specific to your unique driving profile.
FAYETTEVILLE AUTO INSURANCE RATES BY COMPANY
|Insurance Company||Average Rate (annual)|
|North Carolina Farm Bureau||$958|
Fayetteville car insurance premiums by age
The age group that enjoys the lowest auto insurance rates in Fayetteville are drivers in their age_50s, who pay an average of $1,112per year. Those in their age_60s don't pay much more ($1,113).
Young drivers aged 16 to 19 pay the most for car insurance in Fayetteville. When Fayetteville drivers hit their 20s, their insurance rates drop substantially. The cost differential between the auto insurance rates paid by teenage drivers and drivers in their 20s in Fayetteville is $1,387, the largest such difference between any two age groups.
FAYETTEVILLE CAR INSURANCE PREMIUMS BY DRIVER AGE
|Age||Average Yearly Rate|
Fayetteville auto insurance rates by marital status and gender
Marital status and gender are contributing factors to car insurance rates in many cases. In most places, single drivers pay more than married drivers based on data that says they're more likely to file claims. Married drivers in Fayetteville pay $7 more than single drivers for auto insurance. Rates for those who are widowed are also much cheaper than rates for those who are single. In Fayetteville, insurance rates for those who are widowed are more expensive than rates for those who are single.
Gender is another factor that can affect car insurance rates. In Fayetteville, female drivers pay $0 per year more than do male drivers for car insurance.
FAYETTEVILLE CAR INSURANCE RATES: BY MARITAL STATUS AND GENDER
|Marital Status/Gender||Average Annual Rate|
Fayetteville car insurance costs by accident and violation history
No matter where you live, steering clear of accidents and citations is the best way to keep your auto insurance rates affordable. At-fault collisions, DWIs, citations for reckless driving, and speeding tickets each contribute to increases in car insurance rates. Insurance companies reward low-risk drivers with the gift of low rates.
Two of the most costly citations to receive are DUI and reckless driving. Fayetteville drivers found guilty of reckless driving face insurance rate increases of $1,051 per year, compared to the citywide average. A DUI violation may lead to a $4,328 increase, while a citation for speeding leads to a $623 rate hike.
FAYETTEVILLE CAR INSURANCE RATES AFTER A VIOLATION OR ACCIDENT
|Violation/Incident||Average Annual Rate|
|At-fault Accident (damages less than $1,000)||$1,601|
|At-fault Accident (damages greater than $2,000)||$1,956|
|Speeding Ticket (16-20 mph over speed limit)||$1,811|
Fayetteville car insurance costs by credit score
One of the byproducts of a good credit score is lower car insurance costs. Drivers who keep their credit score up typically pay less for auto insurance than do drivers with less-than-stellar credit histories. Fayetteville 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. Moving into the "Fair" credit tier from the "Very Poor" level is one of the most impactful steps a driver can take in pursuit of better car insurance rates. In Fayetteville, improving your credit to "Fair" corresponds with a $518 decrease in annual car insurance rates.
FAYETTEVILLE AUTO INSURANCE RATES BY CREDIT LEVEL
|Credit Score||Average Annual Rate|