Cheapest Car Insurance Quotes in Lake Royale

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Lake Royale Car Insurance

^$ 30

/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 Royale

The car insurance rate in Lake Royale is $911 for a six-month policy, which is $9 higher than the higher than the state average. Root Insurance Company offers the lowest rates in the city at $408, making it a popular choice for budget-conscious drivers. Rates in Lake Royale 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 Royale

$911

Avg. Car Insurance in North Carolina

$902

National Average

$1128

Cheapest Car Insurance Companies in Lake Royale

1st place: Erie

At $408 for a six month policy, Erie offers the cheapest auto insurance rates in the city.

2nd place: Progressive

Progressive offers auto insurance rates at $486 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 $558 for six months, making it the third cheapest auto insurance company in Lake Royale.

Lake Royale Car Insurance Rates by Company

Based on our research, the cheapest car insurance company in Lake Royale, NC is Erie, offering policies at just $408 for a six-month term. This is followed by Progressive, which has an average six-month premium of $486.

At the higher end of the spectrum, Penn National is the most expensive, with rates reaching $1164 for a six-month policy. Rates can vary widely by driver, but comparing quotes from multiple companies can help Lake Royale drivers find the best deals.

Cheap Car Insurance Companies in Lake Royale, NC

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Erie	$408	$69
Progressive	$486	$82
State Farm	$558	$94
North Carolina Farm Bureau	$660	$111
Nationwide	$857	$144
Farm Bureau	$1128	$192
Farmers	$1151	$192
Kemper	$1266	$215
Allstate	$1440	$242
Penn National	$1164	$194

Key Takeaways

Way's key takeaways about car insurance in Lake Royale

The auto insurance costs in Lake Royale fall around $408 for six months.
The cheapest auto insurance company in Lake Royale is Erie.
Teen drivers pay the highest rate in Lake Royale at $62 per month.

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Cheapest Minimum Liability Car Insurance in Lake Royale

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 Royale are given below.

Erie provides the cheapest minimum car insurance coverage in Lake Royale. Their Average 6 Month Premium is $180. National Farmers Union Insurance is the most expensive at $312 for the same period.

Cheapest Liability Coverage in Lake Royale, NC

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Erie	$180	$30
State Farm	$246	$41
Progressive	$258	$43
North Carolina Farm Bureau	$282	$47
Nationwide	$354	$60
National General	$366	$61
Penn National	$396	$68
Farm Bureau	$576	$96
Allstate	$630	$106
National Farmers Union Insurance	$312	$52

Cheapest Full Coverage Car Insurance in Lake Royale

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 Royale is Erie at $69 per month and $408 for six months.

Cheapest Full Coverage Car Insurance Quotes in Lake Royale, NC

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Erie	$408	$69
Progressive	$486	$82
State Farm	$558	$94
North Carolina Farm Bureau	$660	$111
Nationwide	$857	$144
Farm Bureau	$1128	$192
Farmers	$1151	$192
Kemper	$1266	$215
Allstate	$1440	$242
Penn National	$1164	$194

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Average Car Insurance in Lake Royale 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 Royale, NC increasing?

Despite maintaining a clean driving record, your car insurance rates in Lake Royale, 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 Royale'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 Royale

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	$411
30s	North Carolina Farm Bureau	$411
40s	North Carolina Farm Bureau	$411
50s	North Carolina Farm Bureau	$411
60s	North Carolina Farm Bureau	$411
70s	North Carolina Farm Bureau	$411

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

If you are planning to get a car insurance policy for your teenage dependent, Progressive provides the cheapest car insurance in the Lake Royale at $89 per month. At $360 for a six-month premium, National General offers the most expensive rate for teen drivers.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Progressive	$528	$89
State Farm	$684	$115
Erie	$690	$116
North Carolina Farm Bureau	$1206	$203
Nationwide	$2610	$435
Allstate	$3155	$536
Penn National	$348	$58
National General	$360	$62

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 Royale.

As young drivers face the highest rates in Lake Royale, North Carolina Farm Bureau offers the cheapest auto insurance rates at $411 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 Royale, North Carolina Farm Bureau is the cheapest car insurance provider. At $180 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 Royale is Allstate, offering rates of around $3173 for six months.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
North Carolina Farm Bureau	$180	$30
National General	$312	$52
Progressive	$336	$57
Erie	$390	$66
Nationwide	$774	$130
State Farm	$1332	$224
Farm Bureau	$1524	$260
Allstate	$3173	$529

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Car Insurance Rates with An Accident in Lake Royale

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 Royale, NC, accidents can lead to significant hikes in your premiums.

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

The cheapest car insurance companies after an at-fault accident in Lake Royale include Progressive and Erie, offering $510 and $516, respectively. Farmers is an expensive provider with an average six-month premium of $534.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Progressive	$510	$86
Erie	$516	$87
State Farm	$576	$97
North Carolina Farm Bureau	$792	$133
Nationwide	$1422	$239
Farm Bureau	$1794	$305
Allstate	$2712	$457
Penn National	$498	$85
Farmers	$534	$89

Lake Royale Car Insurance Rates by Violation

Here is a list of driving violations that can increase your car insurance rates in Lake Royale NC. For example, the car insurance in Lake Royale after a DUI increases to $1866 for a six month policy. While the rate increases by $222 for a six-month policy in the case of a speeding ticket.

Lake Royale auto insurance quotes by violations

Accident/Violation	Avg. 6 Mo Premium	Avg. Monthly Premium
None	$576	$96
One Med/PIP claim	$576	$98
Not-at-fault accident	$582	$97
One comp claim	$594	$101
Two Med/PIP claims	$594	$99
Two comp claims	$612	$104
Failure to show documents	$678	$113
Child safety restraint	$750	$127
Driving without lights	$750	$125
Failure to wear a seat belt	$750	$127
Cell phone violation	$792	$132
Texting while driving	$792	$134
Speeding 6 - 10 MPH over limit	$798	$133
Driving with expired registration	$804	$136
Driving too slowly	$816	$136
Failure to stop at a red light	$816	$138
Failure to yield	$816	$136
Illegal turn	$816	$138
Open container	$816	$136
Operating a vehicle without permission	$816	$138
Wrong way/wrong lane	$816	$136
Speeding in school zone	$822	$139
At-fault accident - $1000-$2000	$828	$138
At-fault accident - less than $1000	$828	$140
In 65 MPH zone	$876	$146
Speeding 11 - 15 MPH over limit	$876	$148
Speeding 16 - 20 MPH over limit	$876	$146
Speeding 21 - 25 MPH over limit	$876	$148
Improper passing	$894	$149
Following too closely	$900	$154
At-fault accident - greater than $2000	$966	$161
Passing school bus	$1098	$187
Reckless driving	$1110	$185
Driving with a suspended license	$1716	$292
Leaving scene of an accident/hit and run	$2412	$402
Refusal to submit to a chemical test	$2436	$414
DUI	$2442	$407
Racing	$2484	$422

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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 Royale 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 Royale.

The cheapest car insurance premiums in Lake Royale are offered by National General at $414 for a six-month policy. However, it can be as expensive as $1374 with companies like Farmers.

Lake Royale car insurance quotes with a DUI

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
National General	$414	$71
Progressive	$1332	$224
State Farm	$1482	$249
Erie	$1572	$265
Nationwide	$2946	$496
North Carolina Farm Bureau	$3251	$547
Allstate	$6251	$1052
Farm Bureau	$6713	$1119
Farmers	$1374	$229

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 Royale are offered by North Carolina Farm Bureau at $192. However, it can be as expensive as $2094 with companies like Allstate for a similar six-month premium.

Cheapest Car Insurance in Lake Royale after Speeding ticket

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
North Carolina Farm Bureau	$192	$32
National General	$402	$69
Erie	$408	$69
State Farm	$438	$74
Progressive	$456	$77
Nationwide	$822	$138
Farm Bureau	$1506	$250
Allstate	$2094	$356

Car Insurance Price Trends in Lake Royale, North Carolina

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

The average cost of full coverage in the Lake Royale rose by $115 in October compared to $113 of September. In other words, there has been an increase by $2 when you compare October and September.

The average cost of liability insurance in the Lake Royale rose to $56 in October, compared to $54 in September. This represents an increase of $2 when comparing October and September.

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Frequently Asked Questions

How much is car insurance in Lake Royale?

The car insurance in Lake Royale is $30 per month, which is lower than the national average.

What is the cheapest car insurance in Lake Royale?

The cheapest car insurance in Lake Royale is $69 per month for full coverage.

How much is car insurance in Lake Royale for teenagers?

Car insurance for teenagers costs $528 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 Royale?

The average cost of car insurance is $902 for a six-month policy. It will cost around $154 per month to insure your car in Lake Royale.

Is car insurance expensive in Lake Royale?

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

Cheapest Car Insurance Quotes in Lake Royale

Why you can trust Way?

How Much Is Car Insurance in Lake Royale

Avg. Car Insurance in Lake Royale

Avg. Car Insurance in North Carolina

National Average

Cheapest Car Insurance Companies in Lake Royale

1st place: Erie

2nd place: Progressive

3rd place: State Farm

Lake Royale Car Insurance Rates by Company

Cheap Car Insurance Companies in Lake Royale, NC

Way's key takeaways about car insurance in Lake Royale

High Rates Shouldn’t Drive You Out of Pocket.

Cheapest Minimum Liability Car Insurance in Lake Royale

Cheapest Liability Coverage in Lake Royale, NC

Cheapest Full Coverage Car Insurance in Lake Royale

Cheapest Full Coverage Car Insurance Quotes in Lake Royale, NC

Don't Let Hidden Costs Drive You Crazy

Average Car Insurance in Lake Royale by Rating Factor

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

Car Insurance Premiums by Age in Lake Royale

Cheapest Car Insurance Companies Based on Age Group

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

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

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 Royale

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

Lake Royale Car Insurance Rates by Violation

Lake Royale auto insurance quotes by violations

Your Wallet Deserves Better. Seriously.

Avoid Having A DUI On Your Driving Record.

Car Insurance Rates in Lake Royale after a DUI

Lake Royale car insurance quotes with a DUI

Cheapest car insurance after a speeding ticket

Cheapest Car Insurance in Lake Royale after Speeding ticket

Car Insurance Price Trends in Lake Royale, North Carolina

Average Car Insurance Cost in Lake Royale by ZIP Code

Frequently Asked Questions

Tired of Insane Auto Insurance Bills? Us Too!

Find Car Insurance Rates in Cities Near Lake Royale, NC

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

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