Eldora, NC Auto Insurance Rates, Quotes, Agents & Reviews
Zimlon, through its research, found that car owners in Eldora, NC, can avail multiple discounts on car insurance by taking various factors into consideration. These factors are explored in detail by Zimlon in the analysis below.
Factors That Affect Car Insurance Rates In Eldora, NC
The average cost of car insurance in Eldora, NC, is $959. Car insurance rates in Eldora, NC, can vary greatly depending on a variety of factors. Car owners must understand what factors affect their insurance rates to make informed decisions when purchasing or renewing their policies. In this article, we will explore some of the key factors that insurance companies use to determine car insurance rates in Eldora, NC, and provide tips on saving money on car insurance premiums.
By Obeying Driving Regulations
One of the easiest ways to lower car insurance rates in Eldora, NC, is to obey driving regulations. Insurance companies look at your driving record when determining your premiums, and if you have a history of traffic violations or accidents, your rates will likely be higher. By following traffic laws and driving safely, you can avoid these negative marks on your record and save money on your car insurance. For instance, drivers in Eldora, North Carolina, who received tickets for speeding or running red lights must add an additional +$235 and +$223 to their insurance premiums.
See the graph below for the Eldora, NC, auto insurance rates per driving violation.
By Opting for a Higher Deductible
Opting for a higher deductible is a simple way to lower the cost of car insurance in Eldora, NC. A deductible is an amount a policyholder pays out-of-pocket for damages before their insurance kicks in. By choosing a higher deductible, the policyholder assumes more risk and lowers the insurer's risk. This can result in a lower monthly or yearly premium. However, it's important to choose a deductible that you can afford to pay out of pocket in the event of an accident. For Example, drivers in Eldora, North Carolina, who opt for a low deductible of $500 pay $1,244, while those who opt for a high deductible of $1,000 pay $1,051. The higher the deductible, the lower the auto insurance rates.
By Availing of Multi-Car Discounts
As car insurance rates continue to increase, finding ways to save on your premiums is crucial. One effective method is to take advantage of multi-car discounts readily available in Eldora, NC. These discounts can lower the cost of car insurance by allowing you to insure multiple vehicles with the same company. The discount amount is typically based on the number of cars insured. For instance, in Eldora, NC, insuring two cars usually costs $1,649, while insuring three cars costs $2474. By taking advantage of multi-car discounts, you could save between $269 and $403 on your auto insurance premiums in Eldora, NC.
Factors that can influence the cost of car insurance in Eldora, NC are listed below. It is imperative to understand these factors in order to reduce the cost of car insurance. It is also essential to strike a balance between the cost of insurance and the coverage requirements.
- Eldora, NC Auto Insurance Rates
- Eldora, NC Auto Insurance for Different Deductible
- How the Age of Driver Affects Insurance Rates in Eldora, NC
- Multi Vehicle Insurance Savings in Eldora, NC
- How Credit Score Affects Car Insurance Rates in Eldora, NC
- How DUI Affects Auto Insurance Premiums in Eldora, NC
- Top Auto Insurance Agents Near Eldora, NC
- How Driving Violations Affect Auto Insurance Rates in Eldora, NC
- Eldora, NC Auto Insurance Discounts on Anti Theft Feature
Eldora, NC Auto Insurance Rate Comparisons with Neighboring Locations | Back to Top
The following table compares the cost of insurance in Eldora, NC with that of other cities in and around Eldora.
| Eldora | White Plains | Pilot | Rockford | Siloam | Long Hill | |
|---|---|---|---|---|---|---|
| Average Insurance Rates | $959 | $1,050 | $995 | $1,236 | $979 | $1,255 |
Eldora, NC Auto Insurance Rates vary Based on Deductibles in Neighboring Cities | Back to Top
The following table makes a comparison of the variation in car insurance rates in and around Eldora, NC based on the change in deductibles. A higher deductible leads to a decrease in the cost of car insurance.
| Location | Low Deductible ($500) | High Deductible ($1000) |
|---|---|---|
| Eldora | $1,244 | $1,051 |
| Long Hill | $1,447 | $1,222 |
| White Plains | $1,166 | $985 |
| Surry County | $1,860 | $1,571 |
| Siloam | $1,455 | $1,229 |
| Pilot | $1,479 | $1,249 |
| Rockford | $1,624 | $1,372 |
| Pilot Mountain | $1,961 | $1,656 |
Eldora, NC Auto Insurance Rates Based on the Age of the Driver | Back to Top
Teenagers in Eldora, NC usually pay a much higher car insurance rate compared to the rest of the state as they are generally considered to be less responsible behind the wheel. Middle-aged drivers are likely to pay lower car insurance premiums if they are considered to be safer drivers by insurance companies.
| Age of Driver | Insurance Cost |
|---|---|
| Teens | $3,112 |
| 20 Years | $1,232 |
| 30 Years | $949 |
| 40 Years | $913 |
| 50 Years | $846 |
| 60 Years | $857 |
| 70 Years | $998 |
Eldora, NC Car Insurance Discounts for Multi-Car Insurance | Back to Top
Car owners in Eldora, NC can obtain discounts if they insure multiple vehicles with the same insurer. The average savings one can obtain are as follows:
| Number of Cars | Auto Insurance Cost | Total Savings |
|---|---|---|
| 2 Vehicles | $1,649 | $269 |
| 3 Vehicles | $2,474 | $403 |
| 4 Vehicles | $3,299 | $537 |
Savings on 2 Vehicles bundle:$269
Savings on 3 Vehicles bundle:$403
Savings on 4 Vehicles bundle:$537
Eldora, NC Post- DUI Auto Insurance Rates | Back to Top
Driving Under Influence (DUI) can be an added burden on your wallet. The cost of auto insurance will go up post-DUI. The below graph does a comparison of auto insurance rates before and after DUI in and around Eldora, NC.
| Location | Average Insurance Cost | Post DUI Insurance Rate |
|---|---|---|
| Eldora | $959 | $3,933 |
| Long Hill | $1,255 | $5,147 |
| White Plains | $1,050 | $4,306 |
| Surry County | $968 | $3,970 |
| Siloam | $979 | $4,015 |
| Pilot | $995 | $4,081 |
| Rockford | $1,236 | $5,069 |
| Pilot Mountain | $985 | $4,040 |
Eldora, NC Auto Insurance Rates Based on Credit Score | Back to Top
Car insurance companies can use the Credit Score of car drivers to determine car insurance rates. Car drivers with good credit can avail of substantial discounts on car insurance rates.
| Credit Score | Insurance Cost |
|---|---|
| Exceptional (800-850) | $823 |
| Excellent (740-799) | $939 |
| Good (670-739) | $999 |
| Average (580-669) | $1,304 |
| Poor (300-579) | $1,564 |
Eldora, NC Auto Insurance Agents | Back to Top
Car owners can obtain quotes from multiple auto insurance companies. Comparing different quotes can help identify the cheapest auto insurance provider best suited for their coverage needs.
| Agent Name | Company | Agent Address | Contact Details |
|---|---|---|---|
| Debbie Blinkhorn | State Farm | 1207 W Lebanon St, Mount Airy, 27030-2227 | 336-783-0400 |
| Stephen J. Hill | Nationwide | 310 Bethania-Rural Hall Rd, Rural Hall, 27045-9281 | (336) 969-9511 |
| The Hassell Insurance Group Inc | Travelers | 1365 WESTGATE CTR DR STE J-1, WINSTON-SALEM, 27103 | 336-409-8083 |
| Senn Dunn-Greensboro | None | 3625 N Elm St Ste 200, Greensboro, 27455 | None |
| Craft Insurance | None | 823 N Elm St, Greensboro, 27401 | None |
| Professional Ins Svc | Allstate | 121 Franklin St, Mount Airy, 27030 | (336) 789-3033 |
| Khan And Associates Inc. | Nationwide | 1110 S Main Street STE 102, High Point, 27260 | (336) 510-0568 |
| Albert M Bush | Nationwide | 500 E Cornwallis Dr Ste B, Greensboro, 27405-5676 | (336) 275-0488 |
| Hpb Insurance Group Inc | Travelers | 324 W Wendover Ave Ste 110, Greensboro, 27408 | None |
| Fisher - Greene Insurance Agency | Travelers | 300 STATESVILLE BLVD, SALISBURY, 28144 | 704-636-2923 |
Eldora, NC Auto Insurance Rates can Increase Based on Driving Violations | Back to Top
Auto insurance rates tend to increase depending on the type and number of driving violations. The driving violations can stay on the record for a considerable amount of time leading to higher auto insurance rates. The severity of the driving violation and place of residence will determine how long the violation stays on record.
| Driving Violation | Cost Increase | Total Insurance Cost |
|---|---|---|
| Driving Without Headlights | +$42 | $1,001 |
| Driver's Failure In Showing Documents | +$93 | $1,052 |
| Driving With An Expired Registration | +$99 | $1,058 |
| Driving At A Considerably Slow Pace | +$208 | $1,167 |
| Using A Cellphone While Driving | +$220 | $1,179 |
| Running A Red Light | +$223 | $1,182 |
| Speeding | +$235 | $1,194 |
| Driving A Vehicle Without The Required Permission | +$298 | $1,257 |
| Driving With An Expired/Suspended License | +$646 | $1,605 |
Eldora, NC Auto Insurance Rates Based on Anti-Theft Feature | Back to Top
Cars that are equipped with safety devices are less prone to thefts. As a result, auto insurance companies provide a considerable amount of discounts to vigilant car owners. The discounts vary depending on the type and number of safety devices installed.
| Anti Theft Feature | Insurance Cost |
|---|---|
| Audible Alarm | $921 |
| Active Disabling Device | $921 |
| Tracking Device | $901 |
| Passive Disabling Device | $892 |