Cheapest Car Insurance Quotes in Monroe

Finding the cheapest car insurance quotes in Monroe 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

Monroe Car Insurance

^$ 35

/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 Monroe

The car insurance rate in Monroe is $1064 for a six-month policy, which is $162 higher than the higher than the state average. Root Insurance Company offers the lowest rates in the city at $477, making it a popular choice for budget-conscious drivers. Rates in Monroe 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 Monroe

$1064

Avg. Car Insurance in North Carolina

$902

National Average

$1140

Cheapest Car Insurance Companies in Monroe

1st place: Erie

At $477 for a six month policy, Erie offers the cheapest auto insurance rates in the city.

2nd place: Progressive

Progressive offers auto insurance rates at $568 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 $651 for six months, making it the third cheapest auto insurance company in Monroe.

Monroe Car Insurance Rates by Company

Based on our research, the cheapest car insurance company in Monroe, NC is Erie, offering policies at just $477 for a six-month term. This is followed by Progressive, which has an average six-month premium of $568.

At the higher end of the spectrum, Penn National is the most expensive, with rates reaching $1359 for a six-month policy. Rates can vary widely by driver, but comparing quotes from multiple companies can help Monroe drivers find the best deals.

Cheap Car Insurance Companies in Monroe, NC

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Erie	$477	$80
Progressive	$568	$96
State Farm	$651	$110
North Carolina Farm Bureau	$771	$130
Nationwide	$1002	$169
Farm Bureau	$1318	$224
Farmers	$1345	$224
Kemper	$1479	$251
Allstate	$1683	$283
Penn National	$1359	$227

Key Takeaways

Way's key takeaways about car insurance in Monroe

The auto insurance costs in Monroe fall around $477 for six months.
The cheapest auto insurance company in Monroe is Erie.
Teen drivers pay the highest rate in Monroe at $72 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 Monroe

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 Monroe are given below.

Erie provides the cheapest minimum car insurance coverage in Monroe. Their Average 6 Month Premium is $210. National Farmers Union Insurance is the most expensive at $365 for the same period.

Cheapest Liability Coverage in Monroe, NC

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Erie	$210	$35
State Farm	$288	$48
Progressive	$301	$51
North Carolina Farm Bureau	$329	$55
Nationwide	$413	$70
National General	$427	$71
Penn National	$463	$79
Farm Bureau	$673	$112
Allstate	$736	$124
National Farmers Union Insurance	$365	$60

Cheapest Full Coverage Car Insurance in Monroe

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 Monroe is Erie at $80 per month and $477 for six months.

Cheapest Full Coverage Car Insurance Quotes in Monroe, NC

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Erie	$477	$80
Progressive	$568	$96
State Farm	$651	$110
North Carolina Farm Bureau	$771	$130
Nationwide	$1002	$169
Farm Bureau	$1318	$224
Farmers	$1345	$224
Kemper	$1479	$251
Allstate	$1683	$283
Penn National	$1359	$227

Don't Let Hidden Costs Drive You Crazy

Get Your Car Insurance Quote in Monroe Instantly!

Average Car Insurance in Monroe 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 Monroe, NC increasing?

Despite maintaining a clean driving record, your car insurance rates in Monroe, 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, Monroe's high urban population density, raised auto theft rates, and frequent natural disasters contribute to increased insurance costs.

Car Insurance Premiums by Age in Monroe

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	$480
30s	North Carolina Farm Bureau	$480
40s	North Carolina Farm Bureau	$480
50s	North Carolina Farm Bureau	$480
60s	North Carolina Farm Bureau	$480
70s	North Carolina Farm Bureau	$480

Cheapest Car Insurance Rates for Teen Drivers in Monroe,NC

If you are planning to get a car insurance policy for your teenage dependent, Progressive provides the cheapest car insurance in the Monroe at $104 per month. At $420 for a six-month premium, National General offers the most expensive rate for teen drivers.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Progressive	$617	$104
State Farm	$799	$135
Erie	$806	$136
North Carolina Farm Bureau	$1409	$237
Nationwide	$3049	$509
Allstate	$3686	$627
Penn National	$407	$67
National General	$420	$72

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 Monroe.

As young drivers face the highest rates in Monroe, North Carolina Farm Bureau offers the cheapest auto insurance rates at $480 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 Monroe, North Carolina Farm Bureau is the cheapest car insurance provider. At $210 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 Monroe is Allstate, offering rates of around $3708 for six months.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
North Carolina Farm Bureau	$210	$35
National General	$365	$60
Progressive	$393	$66
Erie	$455	$77
Nationwide	$904	$152
State Farm	$1556	$262
Farm Bureau	$1781	$303
Allstate	$3708	$618

Escape the Trap of Rising Insurance Costs.

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

Car Insurance Rates with An Accident in Monroe

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

Cheapest Car Insurance Companies after an At-Fault Accident in Monroe

The cheapest car insurance companies after an at-fault accident in Monroe include Progressive and Erie, offering $596 and $603, respectively. Farmers is an expensive provider with an average six-month premium of $624.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Progressive	$596	$100
Erie	$603	$101
State Farm	$673	$113
North Carolina Farm Bureau	$925	$156
Nationwide	$1661	$280
Farm Bureau	$2096	$356
Allstate	$3168	$533
Penn National	$582	$99
Farmers	$624	$104

Monroe Car Insurance Rates by Violation

Here is a list of driving violations that can increase your car insurance rates in Monroe NC. For example, the car insurance in Monroe after a DUI increases to $2180 for a six month policy. While the rate increases by $259 for a six-month policy in the case of a speeding ticket.

Monroe auto insurance quotes by violations

Accident/Violation	Avg. 6 Mo Premium	Avg. Monthly Premium
None	$673	$112
One Med/PIP claim	$673	$114
Not-at-fault accident	$680	$113
One comp claim	$694	$118
Two Med/PIP claims	$694	$116
Two comp claims	$715	$122
Failure to show documents	$792	$132
Child safety restraint	$877	$149
Driving without lights	$877	$146
Failure to wear a seat belt	$877	$149
Cell phone violation	$925	$155
Texting while driving	$925	$157
Speeding 6 - 10 MPH over limit	$932	$156
Driving with expired registration	$939	$159
Driving too slowly	$953	$159
Failure to stop at a red light	$953	$162
Failure to yield	$953	$159
Illegal turn	$953	$162
Open container	$953	$159
Operating a vehicle without permission	$953	$162
Wrong way/wrong lane	$953	$159
Speeding in school zone	$961	$163
At-fault accident - $1000-$2000	$968	$162
At-fault accident - less than $1000	$968	$164
In 65 MPH zone	$1023	$171
Speeding 11 - 15 MPH over limit	$1023	$173
Speeding 16 - 20 MPH over limit	$1023	$171
Speeding 21 - 25 MPH over limit	$1023	$173
Improper passing	$1044	$175
Following too closely	$1051	$179
At-fault accident - greater than $2000	$1128	$188
Passing school bus	$1283	$218
Reckless driving	$1297	$216
Driving with a suspended license	$2005	$341
Leaving scene of an accident/hit and run	$2818	$470
Refusal to submit to a chemical test	$2846	$484
DUI	$2853	$476
Racing	$2902	$493

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 Monroe 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 Monroe.

The cheapest car insurance premiums in Monroe are offered by National General at $484 for a six-month policy. However, it can be as expensive as $1605 with companies like Farmers.

Monroe car insurance quotes with a DUI

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
National General	$484	$83
Progressive	$1556	$262
State Farm	$1731	$291
Erie	$1836	$309
Nationwide	$3442	$579
North Carolina Farm Bureau	$3798	$640
Allstate	$7303	$1230
Farm Bureau	$7843	$1307
Farmers	$1605	$268

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 Monroe are offered by North Carolina Farm Bureau at $224. However, it can be as expensive as $2446 with companies like Allstate for a similar six-month premium.

Cheapest Car Insurance in Monroe after Speeding ticket

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
North Carolina Farm Bureau	$224	$38
National General	$470	$80
Erie	$477	$80
State Farm	$512	$86
Progressive	$532	$90
Nationwide	$961	$162
Farm Bureau	$1759	$293
Allstate	$2446	$415

Car Insurance Price Trends in Monroe, North Carolina

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

The average cost of full coverage in the Monroe remained steady at $135 in both November and October, indicating no change over the two month period.

The average cost of liability insurance in the Monroe remained steady at $65 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 Monroe?

The car insurance in Monroe is $35 per month, which is lower than the national average.

What is the cheapest car insurance in Monroe?

The cheapest car insurance in Monroe is $80 per month for full coverage.

How much is car insurance in Monroe for teenagers?

Car insurance for teenagers costs $617 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 Monroe?

The average cost of car insurance is $902 for a six-month policy. It will cost around $179 per month to insure your car in Monroe.

Is car insurance expensive in Monroe?

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

Cheapest Car Insurance Quotes in Monroe

Why you can trust Way?

How Much Is Car Insurance in Monroe

Avg. Car Insurance in Monroe

Avg. Car Insurance in North Carolina

National Average

Cheapest Car Insurance Companies in Monroe

1st place: Erie

2nd place: Progressive

3rd place: State Farm

Monroe Car Insurance Rates by Company

Cheap Car Insurance Companies in Monroe, NC

Way's key takeaways about car insurance in Monroe

High Rates Shouldn’t Drive You Out of Pocket.

Cheapest Minimum Liability Car Insurance in Monroe

Cheapest Liability Coverage in Monroe, NC

Cheapest Full Coverage Car Insurance in Monroe

Cheapest Full Coverage Car Insurance Quotes in Monroe, NC

Don't Let Hidden Costs Drive You Crazy

Average Car Insurance in Monroe by Rating Factor

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

Car Insurance Premiums by Age in Monroe

Cheapest Car Insurance Companies Based on Age Group

Cheapest Car Insurance Rates for Teen Drivers in Monroe,NC

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

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 Monroe

Cheapest Car Insurance Companies after an At-Fault Accident in Monroe

Monroe Car Insurance Rates by Violation

Monroe auto insurance quotes by violations

Your Wallet Deserves Better. Seriously.

Avoid Having A DUI On Your Driving Record.

Car Insurance Rates in Monroe after a DUI

Monroe car insurance quotes with a DUI

Cheapest car insurance after a speeding ticket

Cheapest Car Insurance in Monroe after Speeding ticket

Car Insurance Price Trends in Monroe, North Carolina

Average Car Insurance Cost in Monroe by ZIP Code

Frequently Asked Questions

Tired of Insane Auto Insurance Bills? Us Too!

Find Car Insurance Rates in Cities Near Monroe, NC

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

Featured Blogs

Data Sources