North Carolina Homeowners Insurance

Full analysis of insurance costs, top risks, and facts

The Best Homeowners Insurance Companies in North Carolina

Average Cost of Homeowners Insurance in North Carolina

Home Insurance in North Carolina - FAQ

Average Cost of Insurance Near Me

Get help from one of our North Carolina independent agents

They understand your risks and will find you the coverage you need.

Find the Best Homeowners Insurance Rates & Companies in North Carolina

If you own a house in North Carolina, you can cover the investment you have made in your property and protect your finances by purchasing a suitable homeowners insurance policy. A local independent insurance agent can help you find great coverage at a competitive price.

Independent agents have relationships with multiple insurance companies. This makes it easy for them to quickly provide you with a variety of policies and quotes that you can review and compare together.  Schedule an obligation-free consultation with an independent insurance agent near you to get started.

Best Homeowners Insurance Companies in North Carolina

There are a lot of companies that provide homeowners insurance policies to residents of North Carolina. To find the company that is best suited to you and your family, you will need to compare the offered coverage, conditions, and rates from a few different providers. Some of the top-rated companies that work with independent insurance agents in North Carolina include:

Talk to an independent insurance agent near you to get help finding the North Carolina homeowners company that can offer you the best and most affordable coverage.

What Homeowners Insurance in North Carolina Can Cover

If you own a house in the Tar Heel State, you can protect your investment with a good home insurance policy. North Carolina homeowners insurance can cover financial losses related to:

Local independent insurance agents can help you be sure that you are purchasing sufficient amounts of insurance in each coverage category and that you are getting your coverage at a competitive price.

What Homeowners Insurance in North Carolina Does Not Cover

Homeowners insurance offers a wide range of coverage, but it does not cover everything. You should not expect your North Carolina home insurance policy to pay for things like:

Additionally, you may want to include endorsement in your policy so that you have sufficient coverage for things like:

An independent insurance agent can help find a good policy that offers sufficient coverage for all of your personal property. If needed, your agent can help you secure additional coverage with supplemental policies like flood insurance and personal inland marine insurance.

Flood Damage in North Carolina

Nearly 650,000 properties in North Carolina have a significant risk of sustaining flood damage over the next thirty years. Unfortunately, as mentioned above, homeowners insurance specifically excludes coverage for floods.

If your home is among the properties at risk in this state, you can supplement your home coverage with flood insurance. Affordable policies are available through the National Flood Insurance Program (NFIP).

If your property is located in a flood zone and you are still paying on a mortgage or home equity loan, your lender will require you to carry flood insurance. Otherwise, this coverage is optional. When deciding whether to purchase a policy, consider that the average compensation per flood claim in North Carolina is $24,600.

Average Cost of Homeowners Insurance in North Carolina

While homeowners in the US pay an average of $1,211 a year for home insurance, the average cost of homeowners insurance in North Carolina is just $1,086 a year.

Of course, this is just an average. Your actual rates can be significantly higher or lower than this amount because they are based on factors like your home’s size and value, its proximity to the coast, and the amount of coverage you wish to purchase.

The only way to find out how much a policy will cost you is by contacting insurance providers and requesting customized quotes. Independent agents can save you time and money by doing the comparison shopping on your behalf. Contact an independent insurance agent near your to get started.

Average North Carolina Home Insurance Costs by City

National average burglary rate 3.76 per 1,000 people

National average home value $269,000

National average home insurance cost $1,428 year

Popular Questions about North Carolina Home Insurance

How much does North Carolina home insurance cost? $1,086/year

The average annual cost of North Carolina homeowners insurance is $1,086 a year, which is less than the national figure of $1,211 per year. A local independent insurance agent can provide you with customized quotes from multiple North Carolina home insurance providers so you can be sure that you are getting your coverage at a good price.  

How is my North Carolina homeowners insurance rate calculated?

Insurance companies take several factors into consideration when determining how much your home coverage will cost. Rates can be influenced by things like:

Every insurance company calculates rates differently so it pays to get quotes from multiple providers. Independent insurance agents make comparison shopping easy.

What does homeowners insurance cover in North Carolina?

North Carolina homeowners insurance can cover your property and protect your finances. A typical policy will include:

Learn more about what an North Carolina homeowners insurance policy can do for you by talking to a local independent insurance agent. 

What are common causes of loss in North Carolina?

Common reasons for homeowners insurance claims in North Carolina include:

Independent insurance agents live and work in your community so they are aware of the risks you face as a property owner in your North Carolina city. Your agent can help to ensure that the homeowners insurance policy you purchase offers suitable protection against each potential hazard.

What are North Carolina's home insurance laws?

In North Carolina, there are no laws obligating you to carry homeowners insurance. However, if you have a mortgage or home equity loan, your lender will require you to carry coverage until it is paid off. Considering North Carolina paid out more than $1.3 billion in home insurance claims in one recent year alone, it is easy to see how having the right policy in place can help homeowners in this state avoid financial devastation. 

What are the best home insurance companies in North Carolina?

Several insurance providers write homeowners insurance in North Carolina. Independent insurance agents work with some of the best, including companies like Nationwide, Progressive, Stillwater, Foremost, and Travelers. 

Arrange an obligation-free consultation with an independent insurance agent near you to determine whether one of these or any other partner insurance company offers the best value for you and your family.

Is wind and hail insurance required in North Carolina?

In North Carolina, your primary homeowners insurance will automatically include coverage against wind and hail damage. If your house is owned outright, having homeowners insurance is optional but highly recommended.

Are there any independent insurance agents in North Carolina?

Yes, North Carolina currently has nearly 700 independent insurance agencies in operation. Each one has relationships with multiple high-quality insurance providers. This makes it easy for your agent to help you compare policies and rates as you work together to find the best homeowners insurance policy to cover your house in NC.

Find an independent insurance agent near you to start comparing customized home insurance quotes in North Carolina.

Do You Know What Your North Carolina Home Insurance Covers?

Average Cost of Home Insurance Near You

Asheville, NC Homeowners Insurance

The average monthly cost of home insurance in Asheville, NC is $84. 

Home insurance rates in Asheville can vary from one homeowner to the next. Your rate can be based on factors like the size, value, and condition of your home, the age of your roof, your home’s building materials, and even your credit score.

Water is one of the most damaging disasters that can affect your Asheville home. Whether it's from rain, sewer backup, or flooding, water can completely destroy your home and your belongings. To ensure that you are covered against this hazard, you will want to be sure to purchase a backup of sewers and drains endorsement and/or supplement your home insurance coverage with flood insurance.

Burlington, NC Homeowners Insurance

The average monthly cost of home insurance in Burlington, NC is $46.

Did you know that your home's size, location, age, and building materials all play a role in determining how much you pay for your Burlington home insurance? Though an open-peril policy that provides comprehensive coverage against most of the hazards you could potentially face will cost more than a basic, named-peril policy, the extra protection it affords you can save you thousands of dollars in the long run.

One of the most devastating hazards a homeowner can face is that of a house fire. From cooking mishaps to unattended candles, accidental fires can quickly spread and cause significant damage to your home and property. Even property that isn’t burned can be destroyed by smoke, soot, and firefighting efforts. If your house catches fire, you may find some comfort in knowing that your home insurance can reimburse you for your lost and damaged property.

Cary, NC Homeowners Insurance

The average monthly cost of home insurance in Cary, NC is $139. 

Insurance companies will consider several variables when calculating your cost for home insurance coverage in Cary. Therefore, this average rate can only give you a ballpark idea of what you will actually be expected to pay. You can expect a large, expensive home to cost more to insure than a smaller one since there is likely to be a lot more personal property inside that needs to be covered, and the cost to rebuild a large house will be significantly higher if the property is destroyed in a disaster.

You can be held accountable if you or a family member accidentally damages someone else’s property or causes them bodily or financial harm. If your dog bites someone or if a guest slips and falls in your driveway, you may be asked to pay for the injured person’s medical bills and other related expenses. Your homeowners insurance offers liability and medical expenses coverage which can help in these circumstances.

Chapel Hill, NC Homeowners Insurance

The average monthly cost of home insurance in Chapel Hill, NC is $155.

Overall, residents of Chapel Hill pay more for homeowners insurance than most people in North Carolina. Of course, this is just an average rate so it can only give you a general idea of what a policy will cost you. Factors such as your home size and rebuild value, your claims history, your credit score, the amount of coverage you want, and your chosen deductible can all affect how high your premiums are.

In addition to covering your house and property, your homeowners insurance provides a significant amount of personal liability coverage. If your child hits a baseball through a neighbor’s window, a delivery person slips and falls in your driveway, or your dog gets loose and bites a pedestrian, your home insurance liability and medical payments coverage can pay the associated costs.

Charlotte, NC Homeowners Insurance

The average monthly cost of home insurance in Charlotte, NC is $78.

Not all Charlotte homeowners will pay the same for home insurance. Your monthly rate is based on the risks associated with where you live (e.g., crime and weather), the size of your home, your home’s building materials, and other unique characteristics of your home. 

A high crime rate is a concern for any homeowner. Charlotte tends to have more thefts and burglaries per year than most American cities. Residents of Charlotte need to protect their homes and belongings with common-sense deterrents like deadbolts and home security systems. Above all, be sure that you have the right homeowners insurance in place to help you recover financially if you experience a break-in, theft, or vandalism to your home. 

Durham, NC Homeowners Insurance

The average monthly cost of home insurance in Durham, NC is $74.

The size and value of your house, the crime rate in your neighborhood, the size of your deductible, your claims history, and even your credit score can all affect how much you pay for Durham homeowners insurance. A good open-peril policy will be able to cover you against damage caused by most hazards you are likely to face as a property owner in Durham. 

Homeowners in this city have a higher-than-average risk of burglaries. A comprehensive Durham homeowners insurance policy can reimburse you for your losses if you are the victim of a burglary or other property crime. Your policy can cover the cost of replacing lost or damaged belongings and repairing any damage that the burglars may have done to your home. You will need a copy of the police report when you file a claim.

Fayetteville, NC Homeowners Insurance

The average monthly cost of home insurance in Fayetteville, NC is $75. 

Your house is not the same as your neighbor’s. While everyone in your neighborhood faces the same crime and weather risks, your homeowners insurance premium is also based on the size and value of your house, the building materials used in its construction, and other unique characteristics of your home. Your monthly cost for home insurance may therefore be significantly higher or lower than this city’s average. 

Fayetteville has a very high property crime rate compared to the rest of North Carolina and the US overall. Residents should take common-sense precautions to protect their homes from break-ins and should make sure they have quality, comprehensive homeowners insurance backing them up in the event they are impacted by a burglary or other covered hazard.

Greensboro, NC Homeowners Insurance

The average monthly cost of home insurance in Greensboro, NC is $57.

Homeowners insurance in Greensboro costs less than in many other North Carolina cities. Your actual rates may be higher or lower than this average depending on the specific risks presented by you and your home. Your rate can vary according to factors like the size of your house, the age of your roof, your credit score, and the amount of coverage you are buying. 

Greensboro has a relatively high burglary rate when compared with the rest of the state. A home security system can go a long way in protecting your property and may even earn you home insurance discounts, but nothing is completely foolproof against a determined burglar. Fortunately, a good Greensboro homeowners insurance policy can reimburse you if you are the victim of a property crime.

Greenville, NC Homeowners Insurance

The average monthly cost of home insurance in Greenville, NC is $90. 

Because your homeowners insurance is completely customized to your home and your unique circumstances, your monthly premium may be more or less than this average. Insurance companies consider your home’s size, building materials, location, and other factors when they determine your monthly rate. 

Strong winds can be a problem in Greenville. Windy conditions can occur without warning, causing devastating damage to your property. Homeowners insurance can help you repair and replace your belongings and can even help you pay for a hotel if you are temporarily displaced while your home is being repaired. 

Hickory/Statesville, NC Homeowners Insurance

The average monthly cost of home insurance in Hickory/Statesville, NC is $62.

Residents in the Hickory/Statesville area pay relatively low rates for homeowners insurance. But costs can vary from one house to the next so your premiums may be quite different from your neighbor’s. Factors such as the size of your home, special endorsements you may want, your claims history, and even your credit score can affect your home insurance rates.

Structure fires are among the most destructive hazards a homeowner can face. If your home is damaged or destroyed by a fire, you can receive some peace of mind in knowing that your policy can not only help you rebuild your home and replace your property but can also cover your extra living expenses while the work is being done. 

High Point, NC Homeowners Insurance

The average monthly cost of home insurance in High Point, NC is $55. 

Homeowners insurance is very affordable for most residents of High Point, but your premium may be higher than this city’s average, particularly if you own a large expensive home or have filed a large number of homeowners insurance claims in the past. Additionally, if you have a pool, a trampoline, or an aggressive-breed dog, you might be expected to pay more than someone else with a similar home but without these additional risks. 

High winds are among the various hazards that can damage property in High Point. Strong wind gusts can sometimes damage roofs, siding, and windows of area homes. Sometimes trees may be uprooted in a windstorm and can severely damage your home or your neighbor’s property. Fortunately, you can expect your High Point homeowners insurance policy to reimburse you for damage caused by windstorms and other hazards in the area.

Raleigh, NC Homeowners Insurance

The average monthly cost of home insurance in Raleigh, NC is $103. 

A number of different factors go into determining your Raleigh home insurance premium. Therefore, what you pay for coverage may be higher or lower than this city's average. The crime rate in your ZIP Code, the size of your house, and the materials in its construction can all impact how much you will pay on a monthly basis.

The wind is an unrelenting force that can wreak havoc on any kind of building, and it is a serious risk for Raleigh homeowners. High winds can cause damage to roofs and siding, break windows, uproot trees, and carry away unsecured items in your yard. With the right Raleigh homeowners insurance policy, you can have peace of mind knowing that the damage can be repaired and your home returned to normal without a significant negative impact on your finances. 

Rocky Mount, NC Homeowners Insurance

The average monthly cost of home insurance in Rocky Mount, NC is $55.

Your customized Rocky Mount home insurance rate will be based on variables like the size, location, and age of your home, and the crime and weather risks in your city. What’s most important is that you have the right amount of coverage to repair or replace your home and belongings should you have a loss. 

Severe weather can significantly damage your home. Residents of Rocky Mount should be prepared for tornadoes. The tornado risk in this city is greater than both the state and the national average. To date, 57 twisters of magnitude 2 or greater have caused significant damage in this city. A good homeowners insurance policy will cover the cost to rebuild or repair your house and replace your property if your house is damaged by a tornado. Your policy can also cover your extra living expenses while the repairs are being made.

Wilmington, NC Homeowners Insurance

The average monthly cost of home insurance in Wilmington, NC is $159. 

This is one of the more expensive areas for homeowners insurance in North Carolina. Of course, premiums can vary from one homeowner to the next, so what you pay for Wilmington home insurance might be higher or lower than this average. Your cost for coverage can be influenced by many factors including whether there are any special risks at your home, such as if you have a trampoline, swimming pool, or aggressive-breed dog.

Wilmington is a coastal city where residents are likely to experience wind and water damage to their homes. Hurricanes and tropical storms bring driving rains and flooding to the area. If you live in Wilmington, NC, be sure to carefully select your homeowners insurance policy and supplement it with a flood insurance policy through the National Flood Insurance Program (NFIP). 

Winston-Salem, NC Homeowners Insurance

The average monthly cost of home insurance in Winston-Salem, NC is $57. 

Your Winston-Salem home insurance premium can be higher or lower than this average based on several variables like the size of your house, its rebuild value, the crime rate in your ZIP Code, and your claims history and credit score. 

Break-ins can happen in any city, but Winston-Salem has a higher-than-average property crime rate, so you need to be extra careful. You can protect your property by securing your home with secure deadbolt locks, keeping your home’s exterior well-lit, and installing a home security system. Doing so may even earn you discounts on your home insurance premiums. If you are the victim of a property crime nonetheless, you can count on your homeowners insurance policy to reimburse you for your losses. 

More in North Carolina Insurance Guide:

I did a lot of searching for a homeowner's insurance and I went with Trusted Choice because it provided the best rates and coverage.

Better Insurance. They Shop You Save.

Or talk to an agent now at (855) 372-0071