Insurance Costs in Raleigh, NC
Auto insurance in Raleigh averages $1,477 per year for full coverage, which is lower than the national average. Here is a detailed breakdown of what residents pay.
Updated July 2026Auto Insurance in Raleigh, NC: What You Need to Know
Raleigh residents pay an average of $1,477 per year for full coverage auto insurance, which is 8.0% above the North Carolina state average and 11.8% below the national average.
With a population of 467,665, Raleigh is one of the largest cities in North Carolina. Higher population density, more traffic congestion, and increased accident risk all contribute to above-average insurance rates.
Coverage Level Comparison
| Coverage Type | Annual Cost | Monthly Cost |
|---|---|---|
| Full Coverage (100/300/100) | $1,477 | $123 |
| Standard Coverage (50/100/50) | $1,211 | $101 |
| State Minimum (30/60/25) | $620 | $52 |
Homeowners Insurance in Raleigh, NC
The average cost of homeowners insurance in Raleigh is $1,795 per year ($150/month), which is near the national average.
Home insurance costs are influenced by local factors including weather risks (hail, wind, flooding), property values, local building costs, and proximity to fire stations. Coastal or storm-prone areas may see even higher rates due to hurricane and flood risk.
Renters Insurance in Raleigh, NC
Renters insurance in Raleigh averages $192 per year ($16/month). Renters insurance is affordable and protects your personal belongings, provides liability coverage, and may cover temporary living expenses if your rental becomes uninhabitable.
Compare with Other North Carolina Cities
| City | Auto Insurance | Home Insurance |
|---|---|---|
| Charlotte | $1,573/yr | $1,901/yr |
| Greensboro | $1,505/yr | $1,672/yr |
| Durham | $1,450/yr | $1,760/yr |
| Winston-Salem | $1,423/yr | $1,619/yr |
| Fayetteville | $1,477/yr | $1,584/yr |
| Cary | $1,204/yr | $1,848/yr |
| Wilmington | $1,395/yr | $2,077/yr |
| High Point | $1,423/yr | $1,549/yr |
How to Save on Insurance in Raleigh
- Shop around. Get quotes from at least 3-5 different insurers. Rates in Raleigh can vary by $500 or more between companies for the same coverage.
- Bundle auto and home/renters. Many companies offer 10-25% off when you carry multiple policies.
- Increase your deductible. Raising your deductible from $500 to $1,000 can cut your premium by 15-30%.
- Ask about local discounts. Some insurers offer discounts for anti-theft devices, safe driving courses, or parking in a garage.
- Review coverage annually. Your needs change over time. Make sure you are not paying for coverage you do not need.
Frequently Asked Questions
How much is car insurance in Raleigh, NC?
The average cost of car insurance in Raleigh, NC is $1,477 per year for full coverage, or about $123 per month. Minimum coverage costs around $620 per year.
Is car insurance expensive in Raleigh?
Car insurance in Raleigh is relatively affordable compared to many U.S. cities.
How much is home insurance in Raleigh?
Homeowners insurance in Raleigh costs an average of $1,795 per year. Your actual cost depends on your home's value, age, construction type, and specific location.