Coverage Watch does not have a financial relationship with any car insurance companies and quote providers. Everything displayed on the site is completely free from bias and based on legitimate data.

Get Cheap Car Insurance in Elon College, NC

We monitor insurance prices, helping the average driver in Elon College save up to 33.1% on car insurance.

 

Start Saving

The Cheapest Minimum Coverage in Elon College

The chart below shows the cheapest car insurance company in Elon College for a driver with a good record seeking minimum coverage on a mid-grade used vehicle. Values are estimated, and premiums may be lower or higher, but should be in an accurate order for a good driver. In general, drivers with good records will get the best prices through Midvale Home & Auto, followed by Erie Insurance, Farm Bureau, and Progressive.

 
Elon College Insurer Monthly Cost
Midvale Home & Auto $46
Erie Insurance $46
Farm Bureau $49
Progressive $52

Savings for Every Kind of Elon College Driver

The table shows how much the average auto insurance customer in Elon College might save by following our recommendations.

Based on our extensive insurance data, we know the average Elon College driver will save about 19% on car insurance. This isn’t marketing: this is unbiased data with no financial influence. The best auto insurance company depends on factors such as your driving record, home location, credit score, marital status, and age. The average driver will find themselves saving $231 per year by choosing the right vehicle insurance company. Some Elon College residents are paying out over $1,202 extra every year for auto insurance in Elon College. That cost may be even higher if you haven’t requested a new quote as your life situation changed.

Elon College Car Insurance vs. North Carolina

People living in Elon College pay an average of 3.87% less than the typical driver in the state. The average driver in Elon College can expect to pay about $720 per year, or $1,202 for full coverage.

Based on our analysis, Auto-Owners Insurance will be the cheapest provider in Elon College for most people.

Car Insurance Prices by Elon College Neighborhood

Elon College, NC map of insurance costs by zip code and neighborhood

Insurance Prices

More expensive
Average
Less expensive

Where is insurance cheapest within Elon College?

The map shows insurance prices in and around Elon College, with more expensive areas in red and places with cheaper car insurance in green. Insurance can vary by as much as $101 per year within the city boundaries, with insurance premiums ranging from a high of $1,255 to a low of $1,154. Insurance prices tend to be higher for those living in the North area, and lower for those with homes in the South parts of Elon College.

Pick the Best Car Insurance Company for You in Elon College

We have analyzed insurance costs for auto insurance customers based on the major variables that impact pricing. The results of our analysis are below, including US dollar savings. What about when you meet one or more of the criteria? For example, if you have both a DUI and a speeding ticket? Simply start with the Elon College insurance provider for whom we have posted the highest savings dollar figure.

The best car insurance provider for most drivers in Elon College

For drivers with clean driving records and no major strikes, Auto-Owners Insurance is the best option, with annual savings of $231 over the average Elon College car insurance company.

Visit Site

We use the average good driver, paying $81 per month, as our baseline for pricing in Elon College. Auto-Owners Insurance, Farm Bureau, and Erie Insurance are all good choices for quotes if you have a clean record. See also the best providers for married people if you are married, and look for repeated company names.

The best car insurance provider for Elon College drivers with accidents on their records

In Elon College getting into an accident will raise premiums an average 37% for a yearly cost of $1,917. That's $715 per year more than a driver with no at-fault crashes on their driving record might pay. To avoid paying out more than you need to, Erie Insurance, Farm Bureau, and Kemper are good choices for drivers with accidents.

In our analysis, Erie Insurance saved the average person who had been in an accident the most, with annual savings averaging $502 over the competition.

Visit Site

The best car insurance company for Elon College drivers with speeding tickets

>Farm Bureau gave the average person with a speeding ticket the most savings, averaging $365 better than other car insurance companies.

Visit Site

Depending on the insurance company, a speeding ticket can actually raise insurance premiums more than getting in an accident. In Elon College, tickets raise premiums on new quotes about $595. If you have a speeding ticket, we recommend State Farm, Farm Bureau, and Erie Insurance for savings that beat the average insurance cost of $1,797 per year.

The best auto insurance for Elon College drivers with a DUI conviction

Getting a DUI can increase the cost of insurance dramatically. The average person with a DUI paid $3,626 per year in auto insurance premiums, which was $2,424 more than a driver with no major issues. Kemper, Midvale Home & Auto, and Farm Bureau penalized their customers the least for a DUI.

Getting a quote from Kemper may cost the average person with a DUI about $932 less each year.

Visit Site

The least expensive car insurance company for new and young drivers in Elon College

In Elon College, State Farm costs young drivers $692 less each year versus the average auto insurance bill.

Visit Site

Teen drivers account for more than their share of accidents, and thus end up paying about 56% more for insurance than more mature drivers in Elon College. With an average cost of $2,722 per year (for young drivers who aren't on a parent's plan), car insurance for inexperienced drivers can’t ever be called "cheap." A few companies like State Farm, Farm Bureau, and Erie Insurance try to attract these younger drivers with lower prices in the hopes that they will stay with the company.

The best marriage discounts for vehicle insurance in Elon College

Not everything is an excuse for the auto insurance companies to charge you more. Getting married provides an average discount of $17. State Farm, Erie Insurance, and Farm Bureau provided the largest discounts to couples living in Elon College.

Erie Insurance gave the largest car insurance discounts to married couples, averaging $279 saved each year compared to an average Elon College couple's premiums.

Visit Site

The cheapest car insurance in Elon College for drivers with bad credit

People with poor credit saved an average of $418 with Erie Insurance.

Visit Site

Many people are surprised that their poor credit score can cost them an average of $570 every year. Premiums for people with poor credit were about $1,772 in Elon College. However, some insurance companies do not take credit score into account. If you have a credit score below 575, get quotes from Progressive, Erie Insurance, and Dairyland.

The best Elon College car insurance company for customer service

Many car insurance companies over the years have struggled with customer service. In Elon College, the National Association of Insurance Commissioners (NAIC) ranks Nationwide as the best. Another valuable metric: JD Power ranks Erie Insurance as the best provider in Elon College.

Nationwide was the best company for customer service in Elon College according to the NAIC.

Visit Site

Recent price drops

Due to improvements in our tracking and methodology, we are unable to show price change data for the most recent year. This data will return next year (2023).

In 2020, at the peak of the global pandemic, {{top1_2020pricedrop_company}} changed their average price {{top1_2020pricedrop_company_percentage}}% in Elon College, which was better than other insurers.

Visit Site

During the Covid-19 pandemic a few insurance companies realized people were driving less and struggling overall. They proactively lowered their rates for many customers in Elon College. We think helping communities in a time of need deserves special attention. Many insurance companies have advertisements telling us how much they care: we prefer to look at their actions.

The cheapest large national provider in Elon College

Many customers have informed us that they prefer to work with large national brands. Maybe they're one of the 23% of Elon College residents who are renting, and don't plan to be in the city or state for very long. Or maybe national recognition and funds make people feel more secure with a large provider. Regardless, Geico tends to have the lowest prices for most drivers.

For customers who prefer to work with large national providers, we recommend Geico for pricing. The average Elon College driver can expect to pay about $87 per month.

Visit Site

What About USAA?

JD power consistently ranks USAA as the top car insurance company in the United States. We don’t compare their rates because most people can’t sign up. USAA only allows active military members and their spouses and children to apply. In Elon College, USAA has the best prices for none of the categories above.
Get USAA (An excellent choice if you qualify)

Auto Insurance Prices in and Around Elon College

What Influences the Cost of Car Insurance in Elon College?

On average, car insurance in Elon College is actually less expensive than the rest of the state. These low prices are no mystery to us. Coverage Watch tracks car insurance costs and uses a complex AI that finds related variables, and has determined car insurance prices in the city are influenced by the following factors:

  • The average commute time in Elon College is 33 minutes, which is about the national average for a driver in the state.
  • North Carolina state insurance regulations may allow for lower prices.
  • An average of 0 weeks with snow on the ground, which impacts accident rates.
  • Marriage rates in Elon College are lower than average in the state, and marriage often results in car insurance discounts.
  • Vehicle theft rates in the area are moderate, with a Vehicle Theft Crime Grade of B- according to CrimeGrade.org.
  • Elon College is a fairly densely populated area in the state. The city’s density could result in a price increase for drivers.

As a result of these and other factors, the average cost of car insurance in Elon College is $60 per month for minimum coverage and $100 per month for full coverage. Costs vary widely based on your situation, and will likely be lower if you have a clean driving record and follow our insurance company research to find the best car insurance company for you.

Car Insurance in Nearby Cities

Cities with Similar Populations

* Who is the average Elon College driver? Based on national demographic data provided by BestNeighborhood, we took a single unmarried man living in central Elon College with good (but not perfect) credit driving a used midsized sedan. Data sources: proprietary data collection and analysis, unique to CoverageWatch.org All content copyright CoverageWatch.org. Journalists and other websites are free to cite any data with attribution.