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Best cheap car insurance in Greensboro for 2025
Powered by Coverage.com (NPN: 19966249)
Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.
The best car insurance companies in Greensboro
Finding the best car insurance company for your needs is about more than cost. To identify the best North Carolina car insurance companies for drivers in Greensboro, Bankrate’s insurance editorial team analyzed average premium data sourced from Quadrant Information Services. We also dug into expert third-party assessments and financial strength ratings and looked at metrics of insurer success like coverage options, potential discounts, accessibility of mobile tools and overall customer satisfaction to assign each company a Bankrate Score on a five-point scale. Our intent is to provide a quick snapshot of how well each insurer meets the needs of drivers in Greensboro.
Bankrate Score
Avg. min coverage premium
Min. coverage
Avg. full coverage premium
Full coverage
Why Geico made our list: Geico stands out for its low average rates and reliable customer service. It also has a robust offering of digital tools, making it a good fit for tech-savvy drivers. Geico won a Bankrate Award for best auto insurance company for high-risk drivers, so it may be worth considering if you have a less-than-perfect driving record. Its lengthy list of auto insurance discounts could help drivers save even more. Just be aware that Geico doesn’t offer certain add-ons like gap insurance, and the company doesn’t write its own home insurance policies.
Why Geico is the best insurer for digital policy management: While it has fallen slightly below average in J.D. Powers’ 2025 U.S. Insurance Digital Experience Study, its average customer rating of 4.7 stars from Apple and Android users indicates Geico’s mobile app combines a ton of functionality, from basic policy management tools like ID cards and paperless policy features to 24/7 virtual assistance and easy claims filing. The app even provides recall and service alerts for your vehicle and can help you find nearby gas stations.
| Bankrate Score | 4.3 |
| J.D. Power | 670/1,000 |
| AM Best Rating | A++ |
Bankrate Score
Avg. min coverage premium
Min. coverage
Avg. full coverage premium
Full coverage
Why Progressive made our list: Progressive consistently offers below-average rates for drivers in Greensboro across multiple age groups and risk profiles, even if you have a ticket or recent claim in your driving history. It also ranks well in J.D. Power’s 2025 digital study for both shopping and service, so if you prefer to manage your policy online, it could be a good fit. However, it ranked below average for claims experience and customer satisfaction in the Southeast region in J.D. Power’s most recent studies, so if customer service is your top priority, you may want to get quotes from other carriers.
Why Progressive is the best for insurance with a ticket or claim: While all insurers will raise rates for drivers with incidents on their driving history, Progressive’s rating mechanisms tend to be more generous to Greensboro drivers with less-than-perfect records. Young drivers with past tickets may have an easier time finding affordable rates with Progressive than some other carriers we reviewed.
| Bankrate Score | 4.4 |
| J.D. Power | 645/1,000 |
| AM Best Rating | A+ |
Bankrate Score
Avg. min coverage premium
Min. coverage
Avg. full coverage premium
Full coverage
Why State Farm made our list: State Farm offers some of the cheapest rates for drivers seeking full coverage policies in Greensboro, NC. With a Bankrate Score of 4.3, State Farm stands out for its high customer service rankings from expert third-party sources like J.D. Power. The company scored above average in all three J.D. Power studies we looked at for customer satisfaction, claims satisfaction and digital satisfaction. It also won the 2025 Bankrate Award for best auto insurance company for safe drivers, so if you prioritize safety on the road, you may want to get a quote.
Why State Farm is the best for full coverage: While it offers a limited slate of discounts in North Carolina, State Farm has lower average prices for full coverage in the Tar Heel State. Add-ons like gap insurance and accident forgiveness aren’t available, but a standard full coverage policy may be more affordable from State Farm than most other providers, especially for young or safe drivers.
| Bankrate Score | 4.3 |
| J.D. Power | 677/1,000 |
| AM Best Rating | A++ |
Bankrate Score
Avg. min coverage premium
Min. coverage
Not available
Avg. full coverage premium
Full coverage
Not available
Why Travelers made our list: Robust coverage options and a Bankrate Score of 4.1 could make Travelers a strong choice for many drivers living in Greensboro. The company has a wide network of local agents here along with generally affordable average rates and a generous slate of discounts. While it’s worth noting that Travelers performed below the regional average for customer satisfaction in J.D. Power’s U.S. Auto Insurance Study, it may still be worth getting quotes in Greensboro.
Why Travelers is the best for customized coverage: Travelers shines for its plentiful policy endorsements and less-common coverage options. In addition to standard coverage types, such as liability and collision coverage, drivers can purchase gap insurance, new car replacement, accident forgiveness or named non-owner coverage. Combine these coverage options with Travelers’ many discounts, and it may be easier to build a custom policy that fits both your needs and your budget.
| Bankrate Score | 4.1 |
| J.D. Power | 606/1,000 |
| AM Best Rating | A++ |
Bankrate Score
Avg. min coverage premium
Min. coverage
Avg. full coverage premium
Full coverage
Why Erie made our list: While its Bankrate Score is limited by its regional availability and lack of up-to-date digital tools, Erie scored well above average in J.D. Power’s 2024 auto insurance study of customer satisfaction, ranking fifth in the Southeast. Erie also came in third to NJM and Amica in J.D. Power’s nationwide survey of claims satisfaction. However, it might not be a good fit for drivers who prefer a mobile-forward experience since you can’t file a claim on the app.
Why Erie is the best for local agents: Erie’s digital tools can be a pain point for consumers; while it tied for first for its shopping experience in the 2025 J.D. Power U.S. Insurance Digital Experience Study, it ranks well below average in the service sector. That said, if you prefer to do your insurance business in person or by phone and email, working with a local Erie agent could be an excellent fit.
| Bankrate Score | 4.1 |
| J.D. Power | 718/1,000 |
| AM Best Rating | A+ |
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Read our full methodologyAt Bankrate, we strive to help you make smarter financial decisions. While we adhere to strict , this post may contain references to products from our partners. Here's an explanation of . Our content is backed by Coverage.com LLC, a licensed entity (NPN: 19966249). For more information, please see our
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carriers reviewed
The cheapest car insurance companies in Greensboro
According to Bankrate’s research, State Farm, Nationwide and North Carolina Farm Bureau are the three cheapest auto insurers in Greensboro for drivers with state minimum coverage. Keep in mind, though, that insurance rates are based on personal risk factors that can change over time, and calculations vary from company to company.
In other words, don’t just base your decisions on the average premiums shown here; experts recommend comparing quotes for your personal risk profile from as many of North Carolina’s cheap car insurance companies as you can to find the best car insurance in Greensboro for you.
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|
|
|
|---|---|---|
|
$399
|
$1,092
|
|
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$585
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$1,369
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|
|
North Carolina Farm Bureau
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$501
|
$1,592
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|
$561
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$1,706
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|
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$583
|
$1,817
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How much is car insurance in Greensboro, North Carolina?
The average cost of car insurance in Greensboro, North Carolina is $1,876 per year or $156 per month for full coverage. For minimum coverage, the average rate is $611 per year. That’s 3 percent more than the North Carolina state average for full coverage and 30 percent less than the national average.
North Carolina is generally one of the more affordable states for car insurance, but individual risk factors can impact the price of a policy in Greensboro.
Greensboro rates for teens
Teen drivers in Greensboro usually face higher rates because they’re at a much higher risk of getting a ticket or causing an accident — but adding them to a family policy might reduce the overall cost of coverage. In general, an 18-year-old on their own policy pays an average of $4,219 per year for full coverage. By comparison, a married couple in their 40s with an 18-year-old on their policy pay an average of $3,192 for the same coverage.
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|---|---|---|
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$1,065
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$667
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$1,121
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$964
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|
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North Carolina Farm Bureau
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$1,531
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$940
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$1,540
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$940
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|
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$1,569
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$1,007
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|---|---|---|
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$2,736
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$1,793
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$3,108
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$2,051
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$4,214
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$3,876
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North Carolina Farm Bureau
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$4,310
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$2,888
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$4,536
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$3,094
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Greensboro rates for young drivers
Once Greensboro drivers hit their 20s, car insurance costs typically start to decrease, with the most significant decline after age 25. On average, a 25-year-old driver in Greensboro pays $2,044 per year for a standalone full coverage policy, compared to $2,247 for a 21-year-old or $4,219 for an 18-year-old.
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|---|---|---|
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$585
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$585
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$591
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$536
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North Carolina Farm Bureau
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$682
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$597
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Penn National
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$719
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$719
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$749
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$712
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|---|---|---|
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$1,369
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$1,369
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$1,762
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$1,569
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North Carolina Farm Bureau
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$2,285
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$1,963
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Penn National
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$2,432
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$2,432
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$2,435
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$1,915
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Greensboro rates for adults
In adulthood, car insurance rates typically stabilize, with smaller fluctuations between age groups. A 50-year-old driver in Greensboro, for instance, pays 5 percent less for full coverage than a 30-year-old.
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|---|---|---|---|
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$434
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$399
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$379
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|
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$504
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$490
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$475
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|
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$583
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$583
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$609
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|
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$585
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$585
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$585
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|
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$588
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$561
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$554
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|
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|---|---|---|---|
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$1,215
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$1,092
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$1,024
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|
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$1,369
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$1,369
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$1,369
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|
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$1,793
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$1,706
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$1,619
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|
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$1,869
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$1,817
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$1,914
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|
|
North Carolina Farm Bureau
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$1,940
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$1,592
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$1,385
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Greensboro rates for senior drivers
Drivers over the age of 55 pay some of the lowest average rates for auto insurance in Greensboro, NC thanks to a lifetime of driving experience. However, some insurance carriers may begin to raise rates for seniors to account for slower reaction times and a higher risk of serious injury from a motor vehicle crash. On average, 70-year-old drivers in Greensboro pay $1,875 per year for full coverage — 6 percent more than 60-year-olds.
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|---|---|---|
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$379
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$415
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|
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North Carolina Farm Bureau
|
$447
|
$519
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|
$452
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$500
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|
|
$555
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$651
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|
|
$585
|
$585
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|
|
|
|
|---|---|---|
|
$379
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$1,156
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|
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$585
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$1,369
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|
|
North Carolina Farm Bureau
|
$447
|
$1,663
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|
$555
|
$1,820
|
|
|
$628
|
$2,047
|
Powered by Coverage.com (NPN: 19966249)
Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.
Compare auto insurance rates
Powered by Coverage.com (NPN: 19966249)
Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.
The cheapest car insurance in Greensboro by driving record
Your driving record is one of the most important rating factors that insurance companies look at when determining the price of your policy in Greensboro. A clean record can net you the lowest rates, but a single ticket, accident or serious driving violation on your record could impact your rates for multiple years.
Car insurance with a speeding ticket in Greensboro
If you received a speeding ticket in North Carolina in the past few years, it’s important to understand how it could impact your insurance. On average, drivers with a single speeding ticket pay $2,828 for full coverage auto insurance in Greensboro — 51 percent more than drivers with a clean record.
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|---|---|---|
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$574
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$1,648
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|
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$677
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$3,113
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North Carolina Farm Bureau
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$700
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$2,302
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|
$836
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$2,572
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|
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$836
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$1,981
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Car insurance after an accident in Greensboro
An at-fault accident on your driving record signals to insurers that you may generate claims — that is, out-of-pocket costs for the insurance company. As a result, you’ll pay a higher premium. Typically, Greensboro drivers with an at-fault accident pay 40 percent more than the citywide average for full coverage, for a yearly average of $2,622.
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|---|---|---|
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$529
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$1,505
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North Carolina Farm Bureau
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$646
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$2,108
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$697
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$3,270
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|
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$765
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$2,352
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|
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$768
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$1,814
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Car insurance after a DUI in Greensboro
Finding cheap car insurance in Greensboro, NC after a DUI can be challenging since many insurers will raise premiums considerably for drivers with this conviction. Others may not be willing to insure drivers with DUIs at all. On average, a Greensboro driver with a DUI conviction pays $7,535 for full coverage and $2,265 for state minimum coverage. That’s roughly 302 percent more than the citywide average.
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|---|---|---|
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$956
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$7,633
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|
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$1,661
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$8,093
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|
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$2,138
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$5,151
|
|
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$2,173
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$6,765
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|
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Penn National
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$2,531
|
$8,888
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Minimum coverage requirements in Greensboro
Like almost all states in the U.S., North Carolina has minimum requirements for car insurance in order for drivers to be on public roads legally. The state mandates that drivers have at least this much coverage:
- $30,000 in bodily injury liability per person per accident
- $60,000 in bodily injury liability total per accident
- $25,000 in property damage liability per accident
The state also requires drivers to carry the same amount of coverage in uninsured/underinsured motorist insurance. However, most insurance experts recommend carrying more than minimum coverage for better financial protection in the event of an accident.
Frequently asked questions
Methodology
Rates
Bankrate utilizes Quadrant Information Services to analyze September 2025 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Rates are weighted based on the population density in each geographic region. Quoted rates for our base profile are based on the following characteristics and full coverage limits with bundling and paperless billing discounts applied:
Bodily injury liability
$100,000 per person$300,000 per accident
Property damage liability
$50,000 per accidentPersonal injury protection
$100,000 per accidentUninsured motorist bodily injury
$100,000 per person$300,000 per accident
Collision deductible
$500Comprehensive deductible
$500To determine minimum coverage limits, Bankrate used minimum coverage that meets each state’s requirements. These are sample rates and should only be used for comparative purposes. Your quotes will differ.
If otherwise specified, the base profile has been modified with the following driver characteristics:
Bankrate Score
Our 2025 Bankrate Score for auto insurance considers key variables that our insurance editorial team determined impact policyholders’ experiences with an insurance company. These factors include a robust assessment of each company’s cost of coverage, product availability, financial strength ratings, online capabilities and customer and claims support accessibility. We grouped these factors into three essential categories — cost and ratings, coverage and savings, and support — which we then weighted in a tiered approach.
Each category was assigned a metric to determine performance, and the weighted sum adds up to a company’s total Bankrate Score — out of 5 points. Our scoring model provides a comprehensive view, indicating when companies excel across several key areas and highlighting where they fall short.
- Tier 1 (Cost & ratings): To determine how well auto insurance companies satisfy these priorities, our team analyzed quoted premiums from Quadrant Information Services (if available), as well as any of the latest third-party agency ratings from J.D. Power, AM Best, Demotech and the National Association of Insurance Commissioners (NAIC).
- Tier 2 (Coverage & savings): We assessed companies’ coverage options and availability to help policyholders find a provider that balances cost with coverage. Additionally, we evaluated the discount options listed on each company’s website.
- Tier 3 (Support): To encompass the many ways an auto insurance company can support policyholders, we analyzed avenues of customer accessibility along with community support. This analysis incorporated additional financial strength ratings from S&P and Moody’s and factored in a company’s corporate sustainability efforts.
Tier scores are unweighted to show the company's true score in each category out of a possible five points.
