Mooresville, NC Car Insurance

Mooresville drivers pay, on average, around $48 a month for their car insurance. To find out more check out our guide below.
What should residents of Mooresville expect to pay for their car insurance? How does Mooresville stack up to the rest of the area, or even North Carolina as a whole? You can see the cost breakdowns and contributing factors in the charts and writeups below:  

How much is car insurance in Mooresville?

Area Average Monthly Car Insurance Premium
Mooresville$48
NC$54
United States$80

Based on the chart above, you can see that it's about $6 a month cheaper to insure your vehicle in Mooresville than it is in the rest of North Carolina.

Similarly, car insurance rates in Mooresville are more affordable than the national average. The average monthly payment in Mooresville is about $32 cheaper than the rate for the rest of the U.S.

Although these are the average monthly costs for an auto insurance policy in Mooresville, that doesn't mean it's exactly what you'll pay. There are a number of factors that determine how much insurance companies might charge you for your insurance policy. Age, gender, vehicle make and model, driving record, and in some cases, your credit score, are all factored into assessing the final dollar amount you'll be asked to pay each month.

We've analyzed the average rate for Mooresville and broken down the different factors to help you understand what exactly you might be asked to pay. And if you're not sure if you're getting the cheapest rate for your area, simply enter your ZIP below and find out!

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Average Car Insurance Rates by Age

Age Range Average Premium
Under 18Not Enough Data
18-24$57
25-34$51
35-44$60
45-54$39
55-64$34
65+$33

More time behind the wheel makes you a more experienced driver. It also makes sense that the more experienced of a driver you are, the safer you are. According to the table above, you can see that 18-24-year-olds pay significantly more than someone who is at retirement age.

You can expect to see your monthly premium drop about once a decade or so. Once you hit retirement, however, your rates may rise again in Mooresville.

Average Car Insurance Rates by Gender

Gender Average
Male$49
Female$47

In general, car insurance rates for women are usually cheaper than they are for men. In Mooresville, although women do pay a little bit less on their monthly premiums, the price is about the same for either group.

Average Auto Insurance Rates by Driving Record

Infractions Average Monthly Premium
1 Accident$44
Multiple Accidents$56
1 Ticket$69
Multiple TicketsNot Enough Data

Rates can change drastically depending on your driving record. Those with clean records will obviously pay less than those with infractions. In Mooresville, having a single accident on your record will usually get you rates around $44 a month. Likewise, if you have one ticket, you'll be looking at an average rate of around $69.

Accidents, tickets, and other driving infractions can really cost you when it comes to your monthly rate. 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$42
2-3 Years$42
4-5 Years$47
6-7 Years$41
8-10 Years$40
11-14 Years$61
15 Years or Older$49

In terms of affordable coverage, the cheapest vehicles to insure in Mooresville are typically cars, at $47 per month.

Truck and van drivers will see rates of about $54, while the rates for SUV owners average out to about $50 a month.

You may also see different rates based on how old your vehicle is. Generally, newer vehicles are going to cost the most to insure. However, once your car is a few years old you may start to see your rates drop back down a bit. In Mooresville, the most expensive vehicles to insure are vehicles eleven-to-fourteen years old.

Average Car Insurance Rates by Relationship Status

Relationship Average Monthly Premium
Single (never married)$48
Married$53
Divorced$45
Widowed$43

On average, those who are currently married will pay slightly less for car insurance coverage. This can usually be attributed to their policies having multiple vehicles, a factor some companies will reward with discounts.

The cost of auto insurance in Mooresville reflects the national trend of married couples paying less than single drivers to insure their vehicles, to the tune of about $5 a month.

Average Car Insurance Rates by Housing Situation

Housing Status Average Monthly Premium
Own$35
Rent$52
Live with parents$42

One other element taken into consideration is your housing status. If you rent your home or apartment in Mooresville, expect to pay around $17 a month more than if you are a homeowner. Those who live with their parents, however, can expect to pay a good deal more than their counterparts who rent or own.

Bundling your home or rental insurance with your auto insurance can oftentimes reduce your car insurance costs, depending on your insurance company.

Car Insurance Companies in Mooresville, NC

Recent trends in car insurance for Mooresville drivers

Average rates are constantly changing, so it's a good idea to know the direction your area is trending when choosing when and where to shop.

In Mooresville, auto insurance rates went up from 2016-2019, when they reached a high of $68. Rates began to decrease in 2020, and this trend has continued through 2021, when rates have most recently hit $44.

How does Mooresville compare to neighboring areas?

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

There are numerous factors car insurance companies will consider when figuring out how much to charge for a monthly rate. The specifics of where you live and drive will have an impact on your personal policy. This might include things like:

  • Regional laws
  • Number of car accidents
  • Total number of drivers in the area
  • Availability of off-street parking
  • Local crime rates

It's good to be aware of these factors (even though you may not be able to do much to influence them) as you shop for a new policy or consider relocating. Different cities and towns will each have different rates, so guides like these are a handy way to get started.

How can I find the cheapest car insurance in Mooresville?

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.

Good news! Compare.com does all of that work for you. Put in your ZIP Code below, answer a few questions related to the factors we outlined above, and you'll be comparing the cheapest quotes from loads of the car insurance companies that offer policies in Mooresville.

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Mooresville Insurance FAQs

What factors affect car insurance quotes in Mooresville?

Car insurance companies calculate quotes based on a wide array of factors. These include things you can't control like your age and gender but also factors like your vehicle's year, make and model, as well as your driving record, credit score, marital status, and address.

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

Your address and the city you live in have a significant impact on how much a car insurance company might charge for your policy. Companies take into consideration things like local laws, crime rates, and parking situations when calculating your quote -- all of which can change from city to city.

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

Since the factors that go into calculating your monthly payment vary from person to person, there isn't one company that will always offer the cheapest rate to everybody. You can be confident that you're receiving the best price possible by using sites like Compare.com to compare multiple quotes at once.

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

Any major life event, whether it be moving to a new area, finding a new job, getting married, or any other notable event always presents a good opportunity to re-evaluate your current insurance policy. Regardless of your previous rate, there may be cheaper options in your new location, so it's a good 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?

Not at all, in fact you can switch companies at any point, regardless of how much time is left on your current policy. If you're thinking about moving to Mooresville or haven't checked out the latest rates in your area for some time, it might be worth your while to take 10 minutes and see if Compare.com can save you any cash.

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