Local News

N.C. Ranks High Among Lowest Auto Insurance Rates

Posted December 20, 2006 7:16 p.m. EST

North Carolina has the fifth lowest automobile insurance rates in the nation, according the National Association of Insurance Commissioners.

The average is just under $600 a year. Motorists in New Jersey, the state with the highest rates, pay twice that amount.

The rankings come from a NAIC report that compares the cost of personal auto insurance rates across the nation based on 2004 rankings.'