If you want to save money, the best way to find cheaper auto insurance rates in Charlotte is to compare prices annually from insurance carriers in North Carolina.
Step 1: Take a few minutes and learn about how auto insurance works and the measures you can control to prevent high rates. Many things that are responsible for high rates like speeding tickets, careless driving and a negative credit history can be controlled by making minor changes to your lifestyle. Continue reading for more details to get lower rates and get additional discounts that may have been overlooked.
Step 2: Request price quotes from direct, independent, and exclusive agents. Direct and exclusive agents can only quote rates from a single company like GEICO or Farmers Insurance, while independent agencies can provide prices from multiple companies.
Step 3: Compare the new rate quotes to the premium of your current policy to see if cheaper Nitro coverage is available. If you find a lower rate quote, make sure coverage is continuous and does not lapse.
The key aspect of shopping around is that you use the same coverage limits and deductibles on each quote request and and to get price estimates from every company you can. This enables a fair price comparison and the most accurate and complete price analysis.
It’s safe to assume that insurance companies don’t want you to look at other companies. People who shop around for better prices will probably move their business because there is a great chance of getting low-cost coverage. A survey found that drivers who shopped around every year saved $72 a month compared to people who didn’t regularly shop around.
If finding the cheapest price on auto insurance is the reason for your visit, understanding how to choose a company and compare insurance can make it easier to find better rates.
Finding the cheapest insurance coverage in Charlotte is easy if you know what you’re doing. In essence, everyone who is required to buy insurance should find a lower-cost company. Although North Carolina car owners must comprehend the way insurance companies price online insurance and use it to your advantage.
It’s important to know that making a lot of price comparisons increases your odds of finding the best rates.
The car insurance companies shown below are our best choices to provide quotes in Charlotte, NC. If your goal is to find the cheapest car insurance in Charlotte, we recommend you visit several of them to get the lowest price.
Insurance quotes and discounts
Auto insurance companies don’t always list every discount available in a way that’s easy to find, so below is a list some of the best known and the harder-to-find credits available to bring down your rates.
- Onboard Data Collection – People who choose to allow driving data submission to track where and when they drive remotely like In-Drive from State Farm and Progressive’s Snapshot might see lower rates if they have good driving habits.
- Low Mileage Discounts – Low annual miles can earn substantially lower rates.
- New Car Discount – Insuring a new Nitro can save up to 30% due to better safety requirements for new model year vehicles.
- Payment Discounts – By paying your entire bill at once as opposed to paying monthly you can avoid the installment charge.
- Paperwork-free – Certain companies will give you a small discount for buying your policy on the web.
- Claim-Free Discount – Insureds with no claims or accidents are rewarded with significantly better rates on Charlotte auto insurance quote compared to insureds who have frequent claims or accidents.
One thing to note about discounts is that some of the credits will not apply to the overall cost of the policy. Most cut the price of certain insurance coverages like physical damage coverage or medical payments. Even though it may seem like adding up those discounts means a free policy, nobody gets a free ride.
The diagram below illustrates the comparison of Dodge Nitro yearly insurance costs with and without discounts. The information is based on a female driver, no claims or violations, North Carolina state minimum liability limits, full coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, marriage, multi-policy, homeowner, claim-free, and multi-car discounts applied.
A list of insurance companies and their possible discounts include:
- GEICO includes discounts for membership and employees, anti-theft, good student, defensive driver, anti-lock brakes, emergency military deployment, and multi-vehicle.
- MetLife discounts include good student, good driver, accident-free, defensive driver, and multi-policy.
- Progressive may have discounts that include multi-vehicle, good student, continuous coverage, online quote discount, online signing, and homeowner.
- Travelers may include discounts for good student, new car, home ownership, multi-policy, continuous insurance, and save driver.
- SAFECO offers discounts for multi-car, teen safe driver, anti-theft, teen safety rewards, bundle discounts, accident prevention training, and drive less.
- AAA has discounts for pay-in-full, multi-policy, education and occupation, good driver, multi-car, and AAA membership discount.
Before buying, ask each company or agent to give you their best rates. A few discounts might not be available to policyholders everywhere. For a list of insurers who offer online Dodge Nitro insurance quotes in North Carolina, click this link.
Auto insurance data for a Dodge Nitro
The rate table displayed next covers different prices for Dodge Nitro models. Being aware of how auto insurance premiums are determined can assist in making smart choices when choosing a car insurance company.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Nitro Heat 2WD | $130 | $222 | $264 | $16 | $80 | $712 | $59 |
| Nitro SE 2WD | $130 | $222 | $264 | $16 | $80 | $712 | $59 |
| Nitro SE 4WD | $148 | $222 | $264 | $16 | $80 | $730 | $61 |
| Nitro SXT 2WD | $148 | $222 | $264 | $16 | $80 | $730 | $61 |
| Nitro Heat 4WD | $148 | $222 | $264 | $16 | $80 | $730 | $61 |
| Nitro Detonator 2WD | $148 | $270 | $264 | $16 | $80 | $778 | $65 |
| Nitro SXT 4WD | $148 | $270 | $264 | $16 | $80 | $778 | $65 |
| Nitro Shock 2WD | $148 | $270 | $264 | $16 | $80 | $778 | $65 |
| Nitro Detonator 4WD | $148 | $270 | $264 | $16 | $80 | $778 | $65 |
| Nitro Shock 4WD | $168 | $270 | $264 | $16 | $80 | $798 | $67 |
| Get Your Own Custom Quote Go | |||||||
Data rating is based on married female driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and North Carolina minimum liability limits. Discounts applied include homeowner, claim-free, multi-vehicle, multi-policy, and safe-driver. Rate quotes do not factor in your specific Charlotte location which can influence auto insurance rates greatly.
Poor driving habits will raise your auto insurance rates
The illustration below highlights how speeding tickets and fender-benders can affect Dodge Nitro insurance prices for each different age category. The information is based on a married female driver, full coverage, $250 deductibles, and no discounts are applied.
Full coverage rates compared to liability-only
The diagram below illustrates the comparison of Dodge Nitro car insurance costs with full coverage and liability only. The costs are based on no claims or driving violations, $100 deductibles, drivers are not married, and no discounts are factored in.
Should you pay for full coverage?
There isn’t a written rule for excluding physical damage insurance, but there is a general guideline. If the yearly cost for physical damage coverage is more than 10% of the replacement cost minus the deductible, then it might be time to consider dropping full coverage.
For example, let’s say your Dodge Nitro replacement value is $3,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled, the most you would get paid by your company is $2,000 after the policy deductible has been paid. If it’s costing you more than $200 annually for your policy with full coverage, then you might consider buying liability only.
There are some cases where dropping physical damage coverage is not in your best interest. If you haven’t paid off your loan, you are required to maintain full coverage to protect the lienholder’s interest. Also, if your emergency fund is not enough to purchase a different vehicle in case of an accident, you should keep full coverage.