Wouldn’t it be awesome if we could look into our crystal ball and tell you the company that has the cheapest insurance after a speeding ticket? It’s just not that simple, as there are a whole bunch of unknown factors such as how many years you have been driving, whether you are female or male, the deductible level you need, and the area where you live, that all impact the price you pay. The information below will cover the best ways to avoid paying too much and will hopefully give the reader a jump start in finding the best auto insurance in North Carolina.
Trying to buy cost effective car insurance is not easy, and figuring out which insurers offer the cheapest insurance rates after a speeding ticket requires a bit more work. Each company has their own process to set premium rates, so let’s begin by taking a look at the most budget-friendly insurance companies in Greensboro, NC.
We do need to point out that Greensboro insurance rates are based on many factors which can significantly increase or decrease the price of coverage. This price variation is why it is so important to perform an extensive rate comparison to get the cheapest car insurance rates after a speeding ticket. Insurance prices are impacted by many factors and can increase or decrease at any time, so the most affordable company the last time you compared rates may now be wasting a lot of money.
Find Cheaper Auto Insurance with Licence Points
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Utica National | $636 |
| 2 | Progressive | $658 |
| 3 | NC Farm Bureau | $716 |
| 4 | Penn National | $717 |
| 5 | Liberty Mutual | $728 |
| 6 | GEICO | $742 |
| 7 | Titan | $759 |
| 8 | State Farm | $772 |
| 9 | Auto-Owners | $870 |
| 10 | National General | $881 |
| 11 | Erie | $895 |
| 12 | Travelers | $900 |
| 13 | Allied | $919 |
| 14 | Peerless | $992 |
| 15 | MetLife | $1,007 |
| 16 | Nationwide | $1,011 |
| 17 | Unitrin | $1,012 |
| 18 | Encompass | $1,041 |
| 19 | Safeco | $1,066 |
| 20 | Allstate | $1,086 |
| View More Rates Go | ||
Utica National offers some of the most affordable car insurance rates in Greensboro at around $636 annually. This is $236 less than the average premium paid by North Carolina drivers of $872. Progressive, NC Farm Bureau, Penn National, and Liberty Mutual would also make the list of some of the lowest-priced Greensboro, NC car insurance companies.
As the rates illustrate above, if you are a customer of Penn National and switched to Progressive, you might see an annual savings of in the vicinity of $59. Policyholders with Liberty Mutual might save as much as $70 a year, and GEICO insureds might cut rates by $84 a year.
Be aware that those premium estimates are averaged across all types of drivers and the different vehicles they drive and and are not figured with a specific zip code after a speeding ticket. So the auto insurance company that is most affordable for your situation may not even be in the top 20 companies shown above. That is why you need to quote rates from many companies using your own specific driver and vehicle information.
The vehicle you are trying to insure is probably the most important factor in finding economical coverage after a speeding ticket. Vehicles with limited top-end speed, a great safety record, or a low likelihood of liability claims will cost significantly less to insure than higher performance models. The data below outlines insurance prices for a handful of the more affordable automobiles to insure in North Carolina.
| Make and Model | Estimated Cost for Full Coverage |
|---|---|
| Jeep Wrangler Sport 4WD 2-Dr | $1,460 |
| Honda CR-V LX 2WD | $1,562 |
| Ford Escape XLS 2WD | $1,571 |
| Ford F-150 XLT Super Cab 4WD | $1,618 |
| Toyota RAV4 Sport 4WD | $1,677 |
| Hyundai Elantra SE Touring Station Wagon | $1,700 |
| Toyota Prius | $1,733 |
| Ford Explorer XLT 4WD | $1,840 |
| Chevrolet Malibu LS | $1,853 |
| Chevrolet Impala LT | $1,863 |
| Toyota Tacoma Double Cab TRD Off-Road Package 4WD | $1,887 |
| Ford Edge SEL AWD | $1,908 |
| Toyota Camry Hybrid | $1,921 |
| Toyota Camry Hybrid | $1,931 |
| Ford Fusion SEL AWD 4-Dr Sedan | $1,923 |
| Volkswagen Jetta 2.0T Station Wagon | $1,937 |
| Chevrolet Equinox LS 2WD | $1,946 |
| Jeep Grand Cherokee Laredo 2WD | $1,956 |
| Dodge Grand Caravan Hero | $1,946 |
| Toyota Corolla LE | $1,953 |
| Find Cheaper Rates Go | |
Table data assumes single female driver age 30, two speeding tickets, no at-fault accidents, $1,000 deductibles, and North Carolina minimum liability limits. Discounts applied include claim-free, homeowner, multi-policy, and multi-vehicle. Premium costs do not factor in vehicle location which can revise prices significantly.
Looking at the rates, makes and models like the Jeep Wrangler, Honda CR-V, and Ford Escape are most likely going to be a few of the less-costly vehicles to insure after a few driving violations.
Insuring your vehicle with the best insurance provider can be a challenge considering how many different companies insure vehicles in North Carolina. The ranking data below can help you analyze which providers you want to consider shopping prices with.
These rankings are only made up of the largest companies in the United States, so companies that have a smaller presence are not factored into these rankings. If you wish to compare rates from these and other companies in North Carolina, click here.
| Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
|---|---|---|---|---|---|---|
| Travelers | 93 | 98 | 99 | 88% | A++ | 95.1 |
| USAA | 83 | 99 | 100 | 91% | A++ | 94.1 |
| AAA Insurance | 91 | 95 | 92 | 90% | A | 93.3 |
| Nationwide | 85 | 95 | 97 | 89% | A+ | 92.4 |
| Allstate | 77 | 100 | 97 | 88% | A+ | 90.7 |
| State Farm | 80 | 94 | 96 | 88% | A++ | 90.6 |
| The Hartford | 88 | 93 | 91 | 87% | A+ | 90.4 |
| Safeco Insurance | 91 | 95 | 85 | 88% | A | 90.2 |
| Progressive | 88 | 94 | 83 | 88% | A+ | 90.1 |
| American Family | 91 | 86 | 95 | 83% | A | 89.7 |
| Esurance | 86 | 90 | 94 | 90% | A+ | 89.5 |
| The General | 86 | 93 | 89 | 84% | A- | 88.2 |
| GEICO | 79 | 89 | 95 | 87% | A++ | 87.8 |
| Titan Insurance | 86 | 82 | 92 | 86% | A+ | 86.5 |
| 21st Century | 86 | 82 | 90 | 84% | A | 86.4 |
| Compare Rates Now Go | ||||||
Data Source: Insure.com Best Car Insurance Companies
Types of discounts on Greensboro auto insurance rates
Car insurance companies that offer coverage after a speeding ticket may also offer discounts that may potentially lower prices by 30% or more if you qualify for them. A few popular companies and their offered discounts are included below.
- Progressive may include discounts for online signing, multi-policy, continuous coverage, homeowner, online quote discount, good student, and multi-vehicle.
- GEICO includes discounts for military active duty, good student, membership and employees, driver training, and air bags.
- State Farm may have discounts that include good student, multiple policy, Drive Safe & Save, accident-free, multiple autos, defensive driving training, and anti-theft.
- Esurance may offer discounts for claim free, anti-lock brakes, Switch & Save, anti-theft, defensive driver, DriveSense, and online shopper.
- The Hartford offers discounts for air bag, defensive driver, vehicle fuel type, anti-theft, driver training, and good student.
The illustration below shows the comparison of insurance rates with and without discounts. The information is based on a female driver, one violation and no accidents, North Carolina state minimum liability limits, full physical damage coverage, and $500 deductibles.
The first bar for each age group shows insurance cost with no discounts. The lower bar shows the rates with anti-theft, continuous coverage, homeowner, multiple policy, vehicle safety, and marriage discounts applied. When drivers take advantage of discounts, theaverage yearly reduction on insurance after a speeding ticket is 28% or $385.
Impact of violations and accidents on rates
The best way to snag low insurance prices in Greensboro after a few driving violations is to pay attention while driving and not get tickets or have accidents. The example below demonstrates how citations and accidents increase premium costs for different insured age categories. The rate quotes are based on a married female driver, comp and collision included, $500 deductibles, and no discounts are factored in.
The data above shows the average cost of an auto insurance policy in Greensboro per year with a clean driving record and no accidents is $911. Get written up for two speeding tickets and the average cost surges to $1,287, an increase of $376 each year. Now add two accidents along with the two speeding tickets and the 12-month cost of insurance after a speeding ticket increases to an average of $2,755. That’s an increase of $1,844, or $154 per month, just for being a little careless behind the wheel!
How to find the cheapest insurance after a speeding ticket
Below you’ll find many penny-pinching solutions that can help you buy more affordable coverage.
- Save money by insuring older vehicles for liability only
- Avoid accidents and claims
- Drivers with good credit ratings often pay less
- Do not get traffic violations
- Raise your deductibles
- Buy a vehicle with excellent safety ratings
- Shop around for cheaper prices often
That last piece of advice is incredibly important, as we discussed in this article. Prices charged by companies can change significantly in a year, so don’t be hesitant to switch carriers if a more affordable rate is found.
Brand loyalty is great, but it’s not a good idea if your bullheadedness ends up costing you several hundred dollars every year. Take a couple minutes and compare prices and find cheaper auto insurance after a speeding ticket in Greensboro.