Car insurance premiums in North Carolina have been rising, but that doesn't mean you have to overpay. By understanding how rates are calculated and knowing which discounts to ask for, you can significantly lower your auto insurance costs without sacrificing the coverage you need.
Actionable Tips to Lower Your Premium
1. Bundle Your Policies
Combining your auto and home (or renters) insurance with the same carrier is the easiest way to save. Most companies offer a multi-policy discount that can reduce your premiums by up to 20%.
2. Increase Your Deductible
Raising your deductible from $500 to $1,000 can lower your collision and comprehensive costs by 15% to 30%. Just ensure you have that amount set aside in an emergency fund.
3. Take Advantage of Safe Driving Programs
Many carriers offer telematics programs (using an app or plug-in device) that track your driving habits. Safe drivers can earn discounts of up to 30%.
Did You Know?
In North Carolina, your credit score impacts your insurance rate. Improving your credit score can move you into a better insurance tier, saving you hundreds of dollars a year.
The Importance of Shopping Around
Insurance companies change their rating models constantly. The company that was cheapest for you three years ago might be the most expensive today. That's why working with an independent agency like TrueGuard is crucial — we shop 12+ carriers simultaneously to ensure you're always getting the best rate.
Stop Overpaying for Auto Insurance
Take 5 minutes to see how much you could save. Our local Winston-Salem agents will compare rates across our network of top-rated carriers.
