What is the average cost of car insurance in Greensboro?
The typical Greensboro driver pays $945 per year for auto insurance. That's less than the average in North Carolina ($955) and less expensive than the national average of $1,548. Read on to learn more about how much you can expect to pay based on your credit score, gender, marital status, and other common factors in Greensboro.
AUTO INSURANCE: GREENSBORO RATES VS. STATE + NATIONAL AVERAGES
|Greensboro Average (yearly)||North Carolina Average||National Average|
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Greensboro car insurance rates by insurer
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 Greensboro's cheapest rates. We've gathered the best cheap car insurance companies in Greensboro below. You should only use this list as a starting point: it's important to compare quotes specific to your unique driving profile.
GREENSBORO CAR INSURANCE PREMIUMS BY COMPANY
|Insurance Company||Average Rate (annual)|
|North Carolina Farm Bureau||$781|
Car insurance rates by age bracket in Greensboro
The age group that enjoys the lowest auto insurance rates in Greensboro are drivers in their 50s, who pay an average of $885per year. Those in their 60s don't pay much more ($885).
Young drivers aged 16 to 19 pay the most for car insurance in Greensboro. One of the most effective ways to get cheaper car insurance rates as a driver in Greensboro is to celebrate your 20th birthday. In Greensboro, teenage drivers pay $2,118 — a full $1,233 more than the second-most expensive rate paid by an age group.
GREENSBORO AUTO INSURANCE PREMIUMS BY DRIVER AGE
|Age||Average Annual Rate|
Greensboro car insurance rates by marital status and gender
In some cases, a driver's marital status and gender may affect the auto insurance rates they pay. In Greensboro, married drivers pay $6 more than single drivers for car insurance. Married drivers enjoy less expensive rates than their single counterparts in most locations, based on data showing they file fewer insurance claims. Rates for those who are widowed are also much cheaper than rates for those who are single. Interestingly enough, in Greensboro, single drivers pay less than those who are widowed.
Gender is another factor that can affect car insurance rates. Greensboro's car insurance cost gap by gender is $0 per year, with male drivers paying more than female drivers.
GREENSBORO CAR INSURANCE PREMIUMS BY GENDER AND MARITAL STATUS
|Gender/Marital Status||Average Yearly Rate|
Greensboro auto insurance rates by incident history
Maintaining a clean driving record is one of the best ways to keep your car insurance costs low. At-fault accidents, DUIs, reckless driving citations, and speeding tickets all contribute to expensive auto insurance rates, as insurance companies reward low-risk drivers with the gift of affordable rates.
Greensboro drivers found guilty of reckless driving pay the price when it comes to auto insurance, facing a rate increase of $820 per year versus the city average. A ticket for speeding results in a $486 rate hike, on average, while a DUI violation costs $3,370per year in insurance premiums.
GREENSBORO CAR INSURANCE RATES AFTER A VIOLATION OR ACCIDENT
|Incident||Average Yearly Rate|
|At-fault Accident (damages less than $1,000)||$1,267|
|At-fault Accident (damages greater than $2,000)||$1,546|
|Speeding Ticket (16-20 mph over speed limit)||$1,430|
Greensboro car insurance rates 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. Greensboro drivers who improve their credit score from "Very Poor" (300-579) to "Exceptional" (800-850) can save as much as 42% on their auto insurance premiums. Moving from "Very Poor" to "Fair" credit is an important step toward saving money on auto insurance. In Greensboro, improving your credit to "Fair" could help you earn a $386 decrease in annual car insurance rates.
GREENSBORO AUTO INSURANCE RATES BY CREDIT TIER
|Credit Tier||Average Rate (annual)|
What drives up car insurance rates in Greensboro?
Where you live in Greensboro affects your car insurance rates. Besides your driving history and credit score, where you live is one of the biggest contributing factors to the car insurance rates you'll pay. The reason? Crime, theft and uninsured motorists vary by zip code. So if you find yourself in a neighborhood that doesn’t play well with others, car insurance companies may consider you a high risk to insure, meaning: your rates could be higher than those of a pal who lives just around the block. And, unfortunately Greensboro is no exception to the rule. From zip code 27282 to 27412, premiums rise by 3 percent—that’s $22.
Expensive Greensboro Zip Codes: 27499, 27498, 27495, 27413, 27412
Cheap Greensboro Zip Codes: 27282, 27405, 27406, 27407, 27214
Greensboro Driving Conditions
Inclement weather goes hand in hand with wet brakes, slick roads, and decreased visibility.
And that's not the worst of it. More than 700,000 weather-related car accidents occur each year. In Greensboro, you can expect 96 rainy days with an annual rainfall of 43 inches. Greensboro is also known to experience thunderstorms and occasional hurricanes.
Rainy Days a Year
Avg. Annual Rainfall
Avg. Annual Snowfall
Find Local Greensboro Agents
First Citizens Insurance Services - Greensboro
1414 W. Northwood St., Greensboro, NC 27408
McClintock and Associates Insurance
717 Green Valley Rd., Ste. 200, Greensboro, NC 27408
BB&T Insurance Services, Inc.
3318 W Friendly Ave Ste 400, Greensboro, NC 27410
Arthur J Gallagher Risk Management
324 W Wendover Ave Ste 112, Greensboro, NC 27408
823 N Elm St, Greensboro, NC 27401
McDowell Corporation dba Amos Insurance Agency
1225 4th Street, Greensboro, NC 27405
The Beacon Insurance Group Inc
1515 W Cornwallis Dr Ste 206, Greensboro, NC 27408
Piedmont Triad Insurance Agency
819 N. Elm St., Greensboro, NC 27401
Moore, Brooks & Donnell Insurance Service
504 E Cornwallis Dr # 6, Greensboro, NC 27405
628 Green Valley Rd Ste 306, Greensboro, NC 27408
Citizen's Insurance Agency of Greensboro
1025 E Wendover Ave, Greensboro, NC 27405
Wood Insurance Agency, Inc.
1400 Battleground Ave Ste 134-C, Greensboro, NC 27408
Pelnik Insurance of Greensboro, NC, Inc.
3828 Burlington Road, Greensboro, NC 27405
Godwin Insurance Agency
905 Battleground Ave, Greensboro, NC 27408
4131 Spring Garden St., #C, Greensboro, NC 27407
3625 N Elm St Ste 200, Greensboro, NC 27455
HPB Insurance Group, Inc.
324 W Wendover Ave Ste 110, Greensboro, NC 27408
The Andrews Agency
3711 W Market St ste b, Greensboro, NC 27403
218 N Eugene St, Greensboro, NC 27401
Hometown Insurance Service
1828 Banking St., Ste. 4, Greensboro, NC 27408
Guilford City/County Insurance Advisory Committee
620 Green Valley Rd St 302, Greensboro, NC 27408
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