North Carolinians Enjoy Very Low Auto Insurance Rates
• Lowest in the Southeast, according to the neutral Insurance Information Institute
• 3rd lowest in the U.S. for commuters, according to Insure.com’s 2013 national survey
• 6th lowest overall in the nation, according to the Insurance Information Institute
North Carolina vs. South Carolina and Our Other Neighbors
• Since South Carolina passed similar legislation in the late 1990s:
º Before “modernization,” S.C. drivers paid $26 a year more than N.C. drivers.
º After “modernization,” S.C. drivers now pay $149.61 a year more than N.C. drivers.
• All four of North Carolina’s neighboring states have higher annual auto insurance rates:
º Georgia: +$154.92 (+26%)
º S. Carolina: +$149.61 (+25%)
º Virginia: +$79.24 (+13%)
º Tennessee: +$49.80 (+8%)
Breakdown of Neighboring and Lower Cost States
Click here to see all 50 states.
Click here to view analysis of this data completed by the Insurance Information Institute.
Source: Rates and rankings are based on data compiled by the National Association of Insurance Commissioners.