Wilmington, NC Car Insurance

What can Wilmington residents expect to pay for their car insurance? How does Wilmington stack up to the rest of the area, or even North Carolina as a whole? See what factors contribute to determining the average cost in our detailed charts and breakdowns below:

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How much is car insurance in Wilmington?

As you can tell by looking at the chart above, car insurance rates in Wilmington are about the same as the rest of North Carolina.

When viewed against the average rates for the rest of the U.S., auto insurance coverage in Wilmington is rather affordable. It's about $28 cheaper than the national average to insure your vehicle in Wilmington.

Keep in mind that while these are the average car insurance rates for Wilmington, it isn't guaranteed that it's what you'll pay. Insurance companies take an array of factors into consideration when determining how much to charge you for your car insurance. Things like gender, vehicle make and model, driving record, age and, in some areas, credit score can all affect your monthly premium.

Don't sweat it however, we've broken down average rates for Wilmington residents based on several different factors so that you can get a more accurate idea of your policy's monthly premium. And if you think you might be overpaying for insurance, simply enter your ZIP Code below to learn more about rates in your area!

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Average Car Insurance Rates by Age

The older you are, the more experience you're likely to have on the roads, right? When it comes to auto insurance rates, that experience pays off. In this case, 18-24-year-olds pay someone who is at retirement age.

For every 10 years, you can expect to see a drop in your monthly premium. That said, once you hit retirement age, your rates may creep back up a bit in Wilmington.

Average Car Insurance Rates by Gender

Female drivers pay, on average, slightly less than their male counterparts. In Wilmington, this difference shakes out to about $7 per month. As you can see in the chart above, car insurance for women in the area typically costs around $50 each month, while men pay $57 on average.

Average Auto Insurance Rates by Driving Record

One of the biggest factors in determining your car insurance rates is your driving record. A clean driving record will obviously get you a lower rate than one with accidents or infractions. In Wilmington, a driving record with one accident will usually get you a rate around $50 a month. Likewise, if you have one ticket, you'll be looking at an average rate of around $100.

Regardless of where you live, accidents, tickets, and other driving infractions can drive your monthly bill way up. So, if cheaper car insurance is important to you, keep your record clean and drive safe.

Average Insurance Rates by Vehicle

According to the first table above, the cheapest vehicles to insure in Wilmington are usually trucks and vans, at $43 per month.

Car owners can expect to pay an average of around $54 a month for their policy, while SUVs usually cost around $55 a month to insure.

Vehicle age can also affect your monthly bill. Newer vehicles are generally going to be the most expensive to insure. Once your car is a few years old however, your rates may start to dip back down a bit. In Wilmington, the most expensive vehicles to insure are vehicles less than one year old.

Average Car Insurance Rates by Relationship Status

More often than not, those who have settled down into marriage will pay slightly less for insurance coverage. This occurs because insurance companies commonly extend special discounts to policyholders with multiple vehicles that are on the same policy.

At a national level, single drivers usually pay more than married couples do for auto insurance. Wilmington follows that pattern, with the difference totaling to around $10 a month.

Average Car Insurance Rates by Housing Situation

Another factor that comes into play is your living accommodations. If you rent your home or apartment, expect to pay around $3 a month more than homeowners in Wilmington. But if you live with your parents, you can expect to pay a lot more.

If you bundle your home or rental insurance and auto insurance policies, you can oftentimes reduce your overall costs, depending on your insurance company.

Car Insurance Companies in Wilmington, NC

Recent trends in car insurance for Wilmington drivers

Since average rates are constantly changing, it's a smart move to research the local trends in your area before choosing when and where to shop.

In Wilmington, the rates for car insurance have been steadily decreasing, reaching a low of $42 in 2022.

How does Wilmington compare to neighboring areas?

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

There are several factors car insurance companies take into consideration when figuring out how much to charge for a monthly rate. A few of these factors affecting your personal policy have already been mentioned, but others are based around where you park your car. These include things like:

• Laws
• Total amount of drivers in the community
• General road safety (how many accidents each locality has)
• Off-street parking availability
• Crime rates

It's good to be aware of these factors (even though you may not be able to do much to change them) as you shop for a new policy or consider making a move. Each area will have different rates. Guides like these are a wonderful place to get started.

How can I find the cheapest car insurance in Wilmington?

While knowing what the average costs are for drivers like you can be helpful as you get an idea of what you might pay, the only way to know exactly what your rate will be is by requesting a quote from car insurance companies.

But hold on! Compare.com does all of that work for you. Just enter your ZIP below, answer a few questions about your driving profile, and you'll be comparing the cheapest quotes from loads of the car insurance companies offering plans in Wilmington.

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Wilmington Insurance FAQs

What factors affect car insurance quotes in Wilmington?

The factors that car insurance companies take into account when calculating your monthly cost include things you can't control like your gender and age, but also factors like your vehicle's make and model, year, driving record, credit score, as well as your marital status and address.

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

Auto insurance companies consider regional factors, such as parking situations, crime rates, and local laws into account when calculating the monthly rate for coverage. Since these can all vary from city to city the rates you may see can differ from neighboring areas.

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

Since the factors that car insurance companies take into consideration when calculating the rate you might pay differ from person to person, there is no one insurance company that will offer the cheapest rate to everybody. Things like your driving record, the number of drivers on the policy, and vehicle make and model, plus a number of others, are all taken into account. Because of this, it's a good idea to use sites like Compare.com to compare multiple quotes at once.

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

Any time you experience a major life event, whether it's moving to a new area, getting married, finding a new job, or other notable events, it's always a good idea to re-evaluate your current insurance. Certain companies offer cheaper insurance in certain cities, so even if you were getting the cheapest rate at your old address, it doesn't mean it'll still be the cheapest at your new home. That's why it's always good 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. You can switch companies at any time, regardless of how long is left on your current policy. So, if you've recently moved to Wilmington or it's been a while since you last compared car insurance rates, you may want to take 10 minutes and see if Compare.com can save you money.