Cheapest Car Insurance Quotes in Lake Lure

Finding the cheapest car insurance quotes in Lake Lure shouldn't be a guessing game. That's why our licensed insurance experts do the heavy lifting for you, analyzing rates from dozens of top companies to find you the best deal.
We believe in making things clear and simple. Our experts compare coverage options and find every possible discount, so you can see your best options side-by-side. It’s fast, free, and designed to save you a ton.

Enter your zip code to get personalized rates.

Featured in

399,755 Policies Sold

Lake Lure Car Insurance

^$ 28

/mo

Written by Sara Sam

Edited by Renee Martin

Why you can trust Way?

The auto insurance rates published in this guide are based on the results of research completed by Way’s data team. Using a mix of public and internal data, we analyzed millions of rate averages across U.S. ZIP codes. These rates were publicly sourced from insurer filings and should be used for comparative purposes only — your own quotes will differ. Given this, it’s important to go through our insurance steps form to find how much you can save with Way.

Table of Contents

How Much Is Car Insurance in Lake Lure

The car insurance rate in Lake Lure is $830 for a six-month policy, which is $72 lower than the higher than the state average. Root Insurance Company offers the lowest rates in the city at $372, making it a popular choice for budget-conscious drivers. Rates in Lake Lure can vary depending on your age, driving record, and coverage level, so not every driver will pay the same amount. Choosing a higher deductible, maintaining a clean driving history, and comparing quotes from multiple insurers can help you find better deals and save money over time.

Avg. Car Insurance in Lake Lure

$830

Avg. Car Insurance in North Carolina

$902

National Average

$1140

Cheapest Car Insurance Companies in Lake Lure

1st place: Erie

At $372 for a six month policy, Erie offers the cheapest auto insurance rates in the city.

2nd place: Progressive

Progressive offers auto insurance rates at $443 for a six-month policy, making it one of the cheapest to insure with.

3rd place: State Farm

State Farm offers auto insurance rates at $508 for six months, making it the third cheapest auto insurance company in Lake Lure.

Lake Lure Car Insurance Rates by Company

Based on our research, the cheapest car insurance company in Lake Lure, NC is Erie, offering policies at just $372 for a six-month term. This is followed by Progressive, which has an average six-month premium of $443.

At the higher end of the spectrum, Penn National is the most expensive, with rates reaching $1060 for a six-month policy. Rates can vary widely by driver, but comparing quotes from multiple companies can help Lake Lure drivers find the best deals.

Cheap Car Insurance Companies in Lake Lure, NC

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Erie	$372	$63
Progressive	$443	$75
State Farm	$508	$86
North Carolina Farm Bureau	$601	$101
Nationwide	$781	$132
Farm Bureau	$1028	$175
Farmers	$1049	$175
Kemper	$1153	$196
Allstate	$1312	$221
Penn National	$1060	$177

Key Takeaways

Way's key takeaways about car insurance in Lake Lure

The auto insurance costs in Lake Lure fall around $372 for six months.
The cheapest auto insurance company in Lake Lure is Erie.
Teen drivers pay the highest rate in Lake Lure at $56 per month.

High Rates Shouldn’t Drive You Out of Pocket.

Save up to $971/yr with our auto insurance quotes

Cheapest Minimum Liability Car Insurance in Lake Lure

Since car insurance is a critical requirement for owning a car, you must have minimum liability car insurance. The cheapest car insurance companies for minimum coverage in Lake Lure are given below.

Erie provides the cheapest minimum car insurance coverage in Lake Lure. Their Average 6 Month Premium is $164. National Farmers Union Insurance is the most expensive at $284 for the same period.

Cheapest Liability Coverage in Lake Lure, NC

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Erie	$164	$28
State Farm	$224	$38
Progressive	$235	$40
North Carolina Farm Bureau	$257	$43
Nationwide	$322	$54
National General	$333	$55
Penn National	$361	$62
Farm Bureau	$524	$87
Allstate	$574	$97
National Farmers Union Insurance	$284	$47

Cheapest Full Coverage Car Insurance in Lake Lure

One might think that minimum coverage is only required when insuring your car insurance. However, having full coverage car insurance in any city is certainly a wise choice as it offers better coverage and protection. Our best pick for the cheapest auto insurance quotes in Lake Lure is Erie at $63 per month and $372 for six months.

Cheapest Full Coverage Car Insurance Quotes in Lake Lure, NC

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Erie	$372	$63
Progressive	$443	$75
State Farm	$508	$86
North Carolina Farm Bureau	$601	$101
Nationwide	$781	$132
Farm Bureau	$1028	$175
Farmers	$1049	$175
Kemper	$1153	$196
Allstate	$1312	$221
Penn National	$1060	$177

Don't Let Hidden Costs Drive You Crazy

Get Your Car Insurance Quote in Lake Lure Instantly!

Average Car Insurance in Lake Lure by Rating Factor

The car insurance rates for two people under the same ZIP code will mostly be different. This is mostly because insurance rates are calculated based on several rating factors. These rating factors include the driver's age, gender, marital status, driving and claims history, credit score, location, type of vehicle, and coverage levels.

I have a clean driving record. Why is my car insurance rate here in Lake Lure, NC increasing?

Despite maintaining a clean driving record, your car insurance rates in Lake Lure, North Carolina, may be increasing due to several external factors. North Carolina has experienced significant rate hikes recently, with average premiums rising by 25.5% in 2023, largely attributed to higher claims volumes and inflation.

Additionally, Lake Lure's high urban population density, raised auto theft rates, and frequent natural disasters contribute to increased insurance costs.

Car Insurance Premiums by Age in Lake Lure

It is quite evident why teen drivers pay the highest car insurance rates in any city. Their lack of experience and increased accident rates make them a highly risky category. However, as you grow older, your car insurance rates will decrease. So, it is better to not have separate policies for teens; instead, add them to their parents' policies.

Cheapest Car Insurance Companies Based on Age Group

Age Group	Cheapest Companies	Avg. 6 Mo. Premium
20s	North Carolina Farm Bureau	$374
30s	North Carolina Farm Bureau	$374
40s	North Carolina Farm Bureau	$374
50s	North Carolina Farm Bureau	$374
60s	North Carolina Farm Bureau	$374
70s	North Carolina Farm Bureau	$374

Cheapest Car Insurance Rates for Teen Drivers in Lake Lure,NC

If you are planning to get a car insurance policy for your teenage dependent, Progressive provides the cheapest car insurance in the Lake Lure at $81 per month. At $328 for a six-month premium, National General offers the most expensive rate for teen drivers.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Progressive	$481	$81
State Farm	$623	$105
Erie	$628	$106
North Carolina Farm Bureau	$1098	$185
Nationwide	$2377	$397
Allstate	$2874	$489
Penn National	$317	$52
National General	$328	$56

Teen Car Insurance Rates in NC by Age

Way Tip

If you are in your twenties North Carolina Farm Bureau is the best choice for car insurance in Lake Lure.

As young drivers face the highest rates in Lake Lure, North Carolina Farm Bureau offers the cheapest auto insurance rates at $374 for six months.

Car Insurance Rates by Credit Score & Driving History

Similar to your driving history, your financial history also plays a key role in determining your auto insurance rates. A low credit score would mean a lapse in payment and increased chances of filing claims, which results in higher auto insurance rates. Therefore, the higher the credit score, the lower the car insurance rates will be.

Cheapest Car Insurance Companies for Bad Credit

For those with poor credit scores in Lake Lure, North Carolina Farm Bureau is the cheapest car insurance provider. At $164 for a six-month premium, they offer the best rates in the city. The most expensive auto insurance rate for drivers with bad credit in Lake Lure is Allstate, offering rates of around $2891 for six months.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
North Carolina Farm Bureau	$164	$28
National General	$284	$47
Progressive	$306	$52
Erie	$355	$60
Nationwide	$705	$119
State Farm	$1213	$204
Farm Bureau	$1388	$236
Allstate	$2891	$482

Escape the Trap of Rising Insurance Costs.

Save up to $971/yr on car insurance rates in Lake Lure.

Car Insurance Rates with An Accident in Lake Lure

Both accidents and the resulting increase in insurance rates are often beyond our control. When you’re involved in an accident, you become riskier to insure, consequently increasing the rates. In Lake Lure, NC, accidents can lead to significant hikes in your premiums.

Cheapest Car Insurance Companies after an At-Fault Accident in Lake Lure

The cheapest car insurance companies after an at-fault accident in Lake Lure include Progressive and Erie, offering $465 and $470, respectively. Farmers is an expensive provider with an average six-month premium of $487.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Progressive	$465	$78
Erie	$470	$79
State Farm	$524	$88
North Carolina Farm Bureau	$721	$121
Nationwide	$1295	$218
Farm Bureau	$1634	$278
Allstate	$2470	$416
Penn National	$454	$77
Farmers	$487	$81

Lake Lure Car Insurance Rates by Violation

Here is a list of driving violations that can increase your car insurance rates in Lake Lure NC. For example, the car insurance in Lake Lure after a DUI increases to $1701 for a six month policy. While the rate increases by $203 for a six-month policy in the case of a speeding ticket.

Lake Lure auto insurance quotes by violations

Accident/Violation	Avg. 6 Mo Premium	Avg. Monthly Premium
None	$524	$87
One Med/PIP claim	$524	$89
Not-at-fault accident	$530	$88
One comp claim	$541	$92
Two Med/PIP claims	$541	$90
Two comp claims	$558	$95
Failure to show documents	$617	$103
Child safety restraint	$684	$116
Driving without lights	$684	$114
Failure to wear a seat belt	$684	$116
Cell phone violation	$721	$121
Texting while driving	$721	$122
Speeding 6 - 10 MPH over limit	$727	$121
Driving with expired registration	$732	$124
Driving too slowly	$743	$124
Failure to stop at a red light	$743	$126
Failure to yield	$743	$124
Illegal turn	$743	$126
Open container	$743	$124
Operating a vehicle without permission	$743	$126
Wrong way/wrong lane	$743	$124
Speeding in school zone	$749	$127
At-fault accident - $1000-$2000	$754	$126
At-fault accident - less than $1000	$754	$128
In 65 MPH zone	$798	$133
Speeding 11 - 15 MPH over limit	$798	$135
Speeding 16 - 20 MPH over limit	$798	$133
Speeding 21 - 25 MPH over limit	$798	$135
Improper passing	$814	$136
Following too closely	$820	$140
At-fault accident - greater than $2000	$880	$146
Passing school bus	$1000	$170
Reckless driving	$1011	$168
Driving with a suspended license	$1563	$266
Leaving scene of an accident/hit and run	$2197	$366
Refusal to submit to a chemical test	$2219	$377
DUI	$2225	$371
Racing	$2262	$385

Your Wallet Deserves Better. Seriously.

Get smarter car insurance rates in minutes today!

Way Tip

Avoid Having A DUI On Your Driving Record.

A DUI can increase your car insurance rates—by $5,000 to $10,000 over five years. Speeding, reckless driving, and at-fault accidents also raise rates, staying on your record for 3–5 years, while DUIs/DWIs can impact you longer.

Car Insurance Rates in Lake Lure after a DUI

There may have been times when you drank but chose not to drive—a smart and responsible decision, as most states treat DUIs as a serious offense. Your car insurance rates can double after a DUI charge, making it harder to find affordable coverage in Lake Lure.

The cheapest car insurance premiums in Lake Lure are offered by National General at $377 for a six-month policy. However, it can be as expensive as $1251 with companies like Farmers.

Lake Lure car insurance quotes with a DUI

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
National General	$377	$64
Progressive	$1213	$204
State Farm	$1350	$227
Erie	$1432	$241
Nationwide	$2684	$452
North Carolina Farm Bureau	$2961	$499
Allstate	$5694	$959
Farm Bureau	$6115	$1019
Farmers	$1251	$209

Cheapest car insurance after a speeding ticket

One of the easiest ways to save money on car insurance is to stay within the speed limit. After a speeding violation, the cheapest car insurance premiums in Lake Lure are offered by North Carolina Farm Bureau at $175. However, it can be as expensive as $1907 with companies like Allstate for a similar six-month premium.

Cheapest Car Insurance in Lake Lure after Speeding ticket

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
North Carolina Farm Bureau	$175	$29
National General	$366	$63
Erie	$372	$63
State Farm	$399	$67
Progressive	$415	$70
Nationwide	$749	$126
Farm Bureau	$1372	$228
Allstate	$1907	$324

Car Insurance Price Trends in Lake Lure, North Carolina

Car insurance rates in Lake Lure have fluctuated due to factors such as state regulations, inflation, and changing driving habits.

The average cost of full coverage in the Lake Lure remained steady at $105 in both November and October, indicating no change over the two month period.

The average cost of liability insurance in the Lake Lure remained steady at $51 in both November and October, indicating no change over the two month period.

Our Insurance Agent Experts

Wilson Mathew Nechikat

Principal

View Profile

Anthony Luu

Senior Director of Insurance Operations

View Profile

Ezra Peterson

Senior Director of Insurance

View Profile

Danny Herrera

Head of Commercial Insurance

View Profile

Frequently Asked Questions

How much is car insurance in Lake Lure?

The car insurance in Lake Lure is $28 per month, which is lower than the national average.

What is the cheapest car insurance in Lake Lure?

The cheapest car insurance in Lake Lure is $63 per month for full coverage.

How much is car insurance in Lake Lure for teenagers?

Car insurance for teenagers costs $481 per 6 months. The rates for teen drivers are higher due to their lack of experience as drivers.

What's the average cost of car insurance in Lake Lure?

The average cost of car insurance is $902 for a six-month policy. It will cost around $140 per month to insure your car in Lake Lure.

Is car insurance expensive in Lake Lure?

Car insurance can be expensive in Lake Lure if your rating factors are not favorable. However, with a clean driving record and good credit score, car insurance rates in Lake Lure can be affordable.

Cheapest Car Insurance Quotes in Lake Lure

Why you can trust Way?

How Much Is Car Insurance in Lake Lure

Avg. Car Insurance in Lake Lure

Avg. Car Insurance in North Carolina

National Average

Cheapest Car Insurance Companies in Lake Lure

1st place: Erie

2nd place: Progressive

3rd place: State Farm

Lake Lure Car Insurance Rates by Company

Cheap Car Insurance Companies in Lake Lure, NC

Way's key takeaways about car insurance in Lake Lure

High Rates Shouldn’t Drive You Out of Pocket.

Cheapest Minimum Liability Car Insurance in Lake Lure

Cheapest Liability Coverage in Lake Lure, NC

Cheapest Full Coverage Car Insurance in Lake Lure

Cheapest Full Coverage Car Insurance Quotes in Lake Lure, NC

Don't Let Hidden Costs Drive You Crazy

Average Car Insurance in Lake Lure by Rating Factor

I have a clean driving record. Why is my car insurance rate here in Lake Lure, NC increasing?

Car Insurance Premiums by Age in Lake Lure

Cheapest Car Insurance Companies Based on Age Group

Cheapest Car Insurance Rates for Teen Drivers in Lake Lure,NC

If you are in your twenties North Carolina Farm Bureau is the best choice for car insurance in Lake Lure.

Car Insurance Rates by Credit Score & Driving History

Cheapest Car Insurance Companies for Bad Credit

Escape the Trap of Rising Insurance Costs.

Car Insurance Rates with An Accident in Lake Lure

Cheapest Car Insurance Companies after an At-Fault Accident in Lake Lure

Lake Lure Car Insurance Rates by Violation

Lake Lure auto insurance quotes by violations

Your Wallet Deserves Better. Seriously.

Avoid Having A DUI On Your Driving Record.

Car Insurance Rates in Lake Lure after a DUI

Lake Lure car insurance quotes with a DUI

Cheapest car insurance after a speeding ticket

Cheapest Car Insurance in Lake Lure after Speeding ticket

Car Insurance Price Trends in Lake Lure, North Carolina

Average Car Insurance Cost in Lake Lure by ZIP Code

Frequently Asked Questions

Tired of Insane Auto Insurance Bills? Us Too!

Find Car Insurance Rates in Cities Near Lake Lure, NC

Car Insurance Rates by State in the USA (2025 Update)

Featured Blogs

Data Sources