Winston Salem, NC Car Insurance

On average, drivers in Winston Salem pay around $48 per month for their car insurance. To learn more about what you're likely to pay in the Winston Salem area, read our guide below.
How does Winston Salem stack up to the rest of the area, or even North Carolina as a whole? What rates can residents of Winston Salem expect to pay for their car insurance? Find the average cost breakdowns and determining factors in the charts and writeups below:  

How much is car insurance in Winston Salem?

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

Looking at the chart above, you can see it's around $6 a month cheaper to insure your vehicle in Winston Salem than it is in the rest of North Carolina.

If you're thinking of moving to Winston Salem from out of state, you may still be in luck. The average monthly payment in Winston Salem is about $32 cheaper than the rate for the rest of the United States.

Although these are the average rates for auto insurance in Winston Salem, that doesn't mean it's exactly what you'll pay. The amount that insurance companies end up charging you is determined by a number of factors. Variables like age, gender, vehicle make and model, driving record, and even credit score (depending on your area) can all be taken into consideration when determining your monthly policy payment.

Don't sweat it however, we've broken down average rates for Winston Salem residents so that you can get a more accurate idea of what you might pay. If you're not certain that you're getting the cheapest rate for your area, just enter your ZIP Code below to find out!

See what you'll pay in just minutes

Average Car Insurance Rates by Age

Age Range Average Premium
Under 18Not Enough Data
18-24$63
25-34$42
35-44$45
45-54Not Enough Data
55-64$34
65+$30

It makes sense that older drivers would have more experience behind the wheel, right? When it comes to auto insurance rates, that experience can help put some change back into your pocket. According to the table above, you can see that 18-24-year-olds pay two times the price that someone who is at retirement age.

For every ten years older you get, you can expect to see a drop in your monthly premium. As you get closer to retirement age, however, you may see your rates climb back up in Winston Salem.

Average Car Insurance Rates by Gender

Gender Average
Male$50
Female$46

Car insurance rates for women are generally cheaper than they are for men. In Winston Salem, male drivers pay about $4 more per month. Based on the chart above, you can see that female drivers pay around $46 on average, while male drivers typically pay $50 each month.

Average Auto Insurance Rates by Driving Record

Infractions Average Monthly Premium
1 Accident$46
Multiple Accidents$94
1 Ticket$101
Multiple Tickets$72

One of the key factors in determining your car insurance rates is your driving record. Drivers who avoid accidents and tickets will pay much lower rates than those with infractions. Drivers in Winston Salem with a single accident on their record will usually see rates around $46 a month. Likewise, drivers with one ticket will be looking at a rate of around $101 a month on average.

Regardless of where you live, accidents, tickets, and other driving infractions can greatly increase your premium. In order to minimize your monthly rate, practice safe driving habits and keep your record clean.

Average Insurance Rates by Vehicle

Vehicle Age Average Monthly Premium
Less Than 1 Year$41
2-3 Years$42
4-5 Years$62
6-7 Years$42
8-10 Years$48
11-14 Years$55
15 Years or Older$47

If you look at the first table above, you'll see that trucks and vans are by and large the cheapest vehicles to insure in Winston Salem, with drivers paying around $42 per month for insurance coverage.

SUV drivers will see rates of about $46, while the rates for car owners average out to about $50 a month.

You may also see different rates based on the age of your vehicle. Generally, newer vehicles are going to cost the most to insure. Once your car is a few years old, however, you may see your rates begin to drop back down. In Winston Salem, the most expensive vehicles to insure are vehicles four-to-five years old.

Average Car Insurance Rates by Relationship Status

Relationship Average Monthly Premium
Single (never married)$51
Married$37
Divorced$43
Widowed$33

Generally speaking, married policyholders will pay slightly less for auto insurance. This oftentimes is a result of owning multiple vehicles that are on the same policy, something many companies offer special discounts for.

The difference in rates based on relationship status in Winston Salem is about $14 a month, with married couples paying less for coverage than single drivers.

Average Car Insurance Rates by Housing Situation

Housing Status Average Monthly Premium
Own$43
Rent$46
Live with parents$90

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 drivers who own property in Winston Salem. 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 Winston Salem, NC

Recent trends in car insurance for Winston Salem drivers

Given that average rates are often changing, it's a smart move to know the direction your area is trending when deciding when and where to shop.

In Winston Salem, the rates for car insurance went up from 2016-2017, when they hit a high of $65. This changed in 2018, when they began to turn downward again. They finished down in 2021, at $43 per month

How does Winston Salem compare to neighboring areas?

Why are car insurance rates in Winston Salem different from other areas?

Car insurance companies look at a variety of factors when they're figuring out how much to charge for a policy. While we already mentioned the ones that affect your personal policy, others are influenced by where you live. These include things like:

  • Rate of car accidents
  • Area crime rates
  • Laws
  • Off-street parking access
  • Total number of drivers in the community

An awareness of these factors is important when thinking about buying a new policy or potentially moving to a new home. Knowing 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 Winston Salem?

In the end, the only way to know exactly what your rate will be is to request a quote from a car insurance company.

Luckily, Compare.com does all of that work for you. Simply enter your ZIP below, answer a few questions, and you'll be comparing the cheapest quotes from several of the car insurance companies providing policies in Winston Salem.

Compare the cheapest quotes from dozens of insurance companies

Winston Salem Insurance FAQs

What factors affect car insurance quotes in Winston Salem?

Car insurance companies calculate quotes based on a wide array of factors. These include things like your gender and age, but also factors like your address, driving record, marital status, credit score, plus your vehicle's year and make and model.

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

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

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

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 Winston Salem?

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. In fact, you can swap companies at any point, regardless of how much time is left on your current coverage. So, whether you're moving to Winston Salem or just curious about rates in your area, why not take 10 minutes to see if Compare.com can save you money?

Find your best rate in just a few minutes