Even the most cautious drivers can sometimes cause accidents. That is why Greensboro vehicle owners are required to have car insurance. From fender benders on Battleground Avenue to multi-car collisions on I-73, a reliable auto insurance policy can shield you from large financial losses after an accident.
Independent agents in Greensboro make shopping for car insurance stress-free. These agents can provide you with a variety of auto insurance quotes so you can be sure you are getting your policy at a competitive price.
If you own a car in North Carolina, you are required to have car insurance that meets or exceeds the following:
A basic car insurance policy that merely meets North Carolina’s minimum coverage requirements will likely provide you with the coverage you need for minor collisions. However, if you are responsible for a serious accident that results in severe injuries, your liability costs can easily exceed what your policy will cover. In that case you would be responsible for making up the difference.
That is why many Greensboro vehicle owners choose to purchase car insurance that has higher-than-required liability coverage. Some people also purchase umbrella insurance policies in order to further boost their liability coverage and better protect their assets.
North Carolina is the 44th most expensive state for car insurance. The average car insurance rate in Greensboro is higher than the state average but lower than the national average.
Auto insurance rates can vary significantly from one person to the next, so these figures can only give you a ballpark idea of what your actual costs might be. This is because costs are calculated according to several different factors, including:
You can often get lower rates if you qualify for certain discounts, such as for having a safe driving record or bundling your coverage with another policy like home insurance or renters insurance. Independent agents can help you find the coverage you want at the most competitive price.
If you are caught driving an uninsured vehicle in North Carolina, you can be penalized with the suspension of your registration, fines, fees, and probation or jail time. Despite this, almost one in ten drivers in this state does not have car insurance.
Uninsured motorist insurance guarantees that you will get the compensation you deserve if an uninsured, underinsured, or hit-and-run driver is responsible for a collision with your vehicle. Your insurance company will then assume the challenging task of collecting the money owed from the at-fault driver.
Uninsured motorist coverage is optional in many states. However, it is required in North Carolina.
The auto theft rate in North Carolina is lower than the national average, and in Greensboro, the risk is even lower. This does not mean it doesn’t exist. More than 500 vehicles are stolen in this city every year.
Comprehensive insurance is necessary in order to be compensated for an auto theft. This “other than collision” coverage is optional, but most lenders will require that you include it in your car insurance policy until your auto loan is paid in full.
In addition to auto theft, comprehensive insurance also provides coverage for other non-collision damage such as that caused by falling objects, heavy winds, floods, and fires. Talk to your independent agent to learn more.
As a vehicle owner in Greensboro, you can turn to a local independent agent for help when you are searching for the best price for car insurance. These agents are free to work with several different insurance companies to help you find a dependable and affordable policy.
Contact an agent with an office in Greensboro to learn more. You can start comparing quotes for customized, competitively priced auto insurance in no time.
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