Concord, NC Car Insurance

Concord drivers pay, on average, around $58 a month for their car insurance. Read our guide below to learn more about your specific rates.
What rates can residents of Concord expect to pay for their car insurance? How does Concord compare to the surrounding area and the rest of North Carolina? You can see the cost breakdowns and contributing factors in the charts and writeups below:  

How much is car insurance in Concord?

Area Average Monthly Car Insurance Premium
Concord$58
NC$54
United States$80

Based on the information in the chart above, you can see that on average, it's about $4 a month more expensive to insure your vehicle in Concord than it is in the rest of North Carolina.

On the other hand, car insurance rates in Concord are often favorable when viewed against the rest of the country. The average monthly payment in Concord is about $22 less than the rate for the rest of the U.S.

While these numbers are the average rates for auto insurance in Concord, that doesn't mean it's what you'll pay. There are a variety of factors that car insurance companies consider to determine how much to charge you to insure your vehicle. Things like age, gender, vehicle make and model, driving record and, in some areas, credit score can all get factored into calculating the amount you'll be asked to pay each month.

We've broken down average rates for Concord to help you understand what your policy's monthly premium will cost. To find out if you're getting the cheapest rate, just enter your ZIP below and find out in minutes!

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Average Car Insurance Rates by Age

Age Range Average Premium
Under 18Not Enough Data
18-24$67
25-34$55
35-44$55
45-54$57
55-64$42
65+$39

Generally speaking, the older you are, the more experience you have driving, right? That experience can snag you some serious savings when it comes to auto insurance. As you can see, 18-24-year-olds pay a lot more than drivers 65 and older.

You can expect to see a decrease in your monthly premium drop about once a decade or so. Drivers in Concord may see their rates creep back up once they hit retirement.

Average Car Insurance Rates by Gender

Gender Average
Male$61
Female$53

In general, car insurance rates for women are usually cheaper than they are for men. The difference in Concord is around $8 a month. As you can see in the table above, female drivers in the area typically pay $53 on average, while female drivers typically pay $61 each month.

Average Auto Insurance Rates by Driving Record

Infractions Average Monthly Premium
1 Accident$72
Multiple Accidents$88
1 Ticket$104
Multiple TicketsNot Enough Data

Rates can change drastically depending on your driving record. Those with clean records will obviously pay significantly less than those with infractions. In Concord, a driving record with a single accident will usually get you a rate around $72 a month. Likewise, if you have one ticket, you'll be looking at an average rate of around $104.

Accidents, tickets, and other driving infractions can cost you some serious cash. Remember, the safer you are as a driver, the cheaper your car insurance will be.

Average Insurance Rates by Vehicle

Vehicle Age Average Monthly Premium
Less Than 1 Year$45
2-3 Years$70
4-5 Years$49
6-7 Years$50
8-10 Years$70
11-14 Years$56
15 Years or Older$55

In Concord, the cheapest vehicles to insure are by and large trucks and vans, with drivers paying around $48 per month for insurance coverage.

SUV drivers will see rates of about $55 for car insurance, while car owners typically pay around $61 per month.

You can also expect to see slightly different rates depending on how old your vehicle is. Generally, the most expensive vehicles to insure are going to be newer ones. Once your car is a few years old however, your rates may start to dip back down a bit. In Concord, vehicles two-to-three years old and eight-to-ten years old are the most expensive to insure.

Average Car Insurance Rates by Relationship Status

Relationship Average Monthly Premium
Single (never married)$58
Married$76
Divorced$40
Widowed$45

Generally speaking, married policyholders will pay slightly less to insure their vehicle. This oftentimes is a result of owning multiple vehicles that are on the same policy, something some companies will reward with discounts.

The cost of auto insurance in Concord reflects the national trend of married couples paying less than single drivers to insure their vehicles, to the tune of about $18 a month.

Average Car Insurance Rates by Housing Situation

Housing Status Average Monthly Premium
Own$43
Rent$64
Live with parents$93

Another factor that comes into play is your living situation. If you rent your home or apartment, expect to pay around $21 a month more than if you own your own home in Concord. Those who live with their parents, however, can expect to pay a lot more.

That being said, many companies will offer you a discount if you bundle your homeowners or rental insurance policy with your auto insurance.

Car Insurance Companies in Concord, NC

Recent trends in car insurance for Concord drivers

Given that average rates are often changing, it's a smart move to know the direction your area is trending before shopping for coverage.

In Concord, the rates for auto insurance increased from 2016-2019, when they reached a high of $74. This leveled out in 2020, when rates began to decrease. This trend has continued through the present, where rates recently hit $54.

How does Concord compare to neighboring areas?

Why are car insurance rates in Concord different from other areas?

When considering how much to charge for coverage, car insurance companies will review many factors. While we already talked about the ones that affect your personal policy, others are based around where you live and drive. These include things like:

  • Off-street parking access
  • Total amount of drivers in the area
  • Crime
  • Road Safety (total number of local car accidents)
  • Local regulations

While you won't have the ability to change these factors yourself, they can be handy to keep in mind when seeking a new policy or considering a move. With the knowledge that different towns and cities will all have different rates, guides like these can be a good way to get a lay of the land of your particular neighborhood.

How can I find the cheapest car insurance in Concord?

Equipping yourself with information about the average costs for drivers in your area will better prepare you for the real deal. The only way to know for sure what your rate will be is by asking for a quote from car insurance companies.

But wait! Compare.com does all of that work for you. Put in your ZIP Code below, answer a few questions, and you'll be comparing the cheapest quotes from dozens of car insurance companies offering auto coverage in Concord.

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Concord Insurance FAQs

What factors affect car insurance quotes in Concord?

Quotes are calculated by car insurance companies who take multiple factors into consideration, including things you can't control like your age and gender, but also factors like your address, credit score, driving record, and marital status.

Why is the cost of car insurance in Concord different from other neighboring cities?

Car insurance companies take local factors into consideration when determining how much to charge for coverage. Things like crime rates, local laws, and parking situations -- which can vary from city to city -- can significantly affect your rate.

Which car insurance company will offer me the cheapest rate in Concord?

There isn't one company that will offer the cheapest rate to everybody. What companies will charge you are based on many different factors that vary from person to person, such as your driving record, what kind of car you drive, how many drivers will be on your policy, and a number of other factors. Because of this, it's a good idea to use sites like Compare.com to compare multiple quotes at once. That way, you can be confident you're getting the best price.

Do I need to change my insurance if I move to Concord?

Whenever you move to a new area, or experience any other major life event such as getting married or finding a new job, it's always a good idea to re-evaluate your current insurance policy. Certain companies may offer larger discounts in certain cities, so it's a smart idea to use services like Compare.com to compare quotes from dozens of companies side-by-side.

Do I need to wait for my policy to expire to switch to a different car insurance company?

No. Regardless of how much time is left on your current policy, you can switch companies at any time. So, whether you're considering moving to Concord or just curious if you're getting the best rates, why not take 10 minutes and see if Compare.com can save you some extra cash?

Find your best rate in just a few minutes