
Take some time to explore the options for cheap insurance Charlotte can offer. Now is a great time, as insurance companies are constantly revising their rates.
Charlotte is the largest city in North Carolina, home to around 800,000 residents, and is the second-largest banking center in the nation (home to Bank of America’s East Coast operations, and Wells Fargo). Aside from banking, it is also a major hub for a number of energy companies as well as race car and motorsports industries (home to the NASCAR Hall of Fame). In fact, 3/4 of all NASCAR employees and drivers live in or around Charlotte.
If you are one of North Carolina’s many auto enthusiasts, and find yourself in need of cheap insurance, we put together a short guide to explain North Carolina‘s minimum requirements (although most insurance professionals will suggest higher limits).
Other Helpful Tips
- Check rates for multiple zip codes: This is especially helpful if you are moving. Neighborhoods like Eastover and the Peninsula will have drastically different rates (for various reasons) than neighborhoods like North Tryon.
- Enroll in EFT: If you’re like most people and pay your insurance premiums monthly, you might consider enrolling in Electronic Funds Transfer. Your insurance company can draft your monthly payments directly from your bank account or credit card. This generally save $5-$10 a month in billing fees, and can help prevent policy cancellations.