Best homeowners insurance in North Carolina (April 2026)

Are you looking for the cheapest home insurance in North Carolina? Our review on homeowners insurance in NC will help you find the best home insurance quotes in NC.

North Carolina homeowners insurance: what you need to know

The average cost of home insurance in NC is around $1,478 a year. The rate of homeowners insurance in NC is slightly less than the average national rate. North Carolina is an ideal place to settle due to the affordable home insurance rates.

However, certain regions of the state are also prone to hurricanes, making it all the more crucial to protect your property with reliable homeowners insurance coverage. Fortunately, despite extreme weather hazards, premiums are still reasonable for people living in North Carolina.

Still, a resident will be looking for cheap North Carolina homeowners insurance. So our review will give you an idea of homeowners insurance in NC for different categories.

What does a homeowners insurance policy cover?

Standard home insurance in North Carolina covers your house, personal property, detached structures, and liability exposure. But for more comprehensive security, you might consider purchasing additional coverage. These are a few additional coverages you can consider.

Flood insurance: A standard homeowners insurance policy does not cover flood damage. However, the National Flood Insurance Program (NFIP), run by FEMA and a few private flood insurers, offers flood insurance.

Windstorm and hail: The coverage may not be part of your regular coverage, depending on where in the state you reside and your insurance provider. Some homeowners could be required to buy separate windstorm and hail insurance coverage.

Earthquake damage: An earthquake coverage may cover other structures, such as a garage or shed, that are unrelated to your home but still need repairs. Additionally, it can cover your personal belongings, the expense of clearing away debris, and any additional living costs, that you may incur following an earthquake. Although significant earthquakes don't frequently occur in the state, most homeowners insurance in NC doesn't normally provide coverage for earthquake damage.

What isn't covered by a typical homeowners insurance policy?

Ideally, home insurance in North Carolina doesn't cover floods, earthquakes, sinkholes, power outages, insect and vermin infestations, nuclear threats, war, wear, and tear, or purposeful loss. Knowing what is and isn't covered is a good idea to carefully review your home insurance policy before purchasing.

The cheapest home insurance companies in North Carolina

The rates of homeowners insurance in NC vary by the insurer you choose. On average, Safeco offers the most affordable home insurance in North Carolina, with a yearly average rate of $671. North Carolina Farm Bureau offers the second-best option with an average annual rate of $1,261.

Your rate can differ by the coverage you choose. Do you want to have cheap homeowners insurance in NC? Then use the various discounts your insurer offers to decrease the NC homeowner insurance rate.

The best homeowners insurance in North Carolina for those with a claims history

After making a claim, you can expect an increase in your insurance price. However, not all insurance companies raise their rates by the same amount. These are the average annual rates of homeowners insurance in NC with a claims history.

The best homeowners insurance in North Carolina for newer homes

Insurance companies often see newer homes as less risky. Therefore, North Carolina homeowners insurance premiums are typically lower for those who buy new homes.

Homeowners Insurance deductibles in North Carolina

When choosing a policy, homeowners have various options, including how high or low to set their deductible. The total sum you contribute toward a covered loss is the deductible. Therefore, the location of your deductible might greatly impact how much your insurance will cost.

It means that a bigger deductible lowers the cost of insurance. Therefore, consider raising your deductible if you want to lock in reduced homeowners insurance in NC rates. The following are average premium costs for typical homeowners deductibles.

North Carolina home insurance prices by coverage levels

The coverage level you select considerably affects the cost of homeowners insurance in NC. These are the average annual rates of home insurance in NC based on dwelling coverage.

North Carolina Homeowners insurance costs by city

The cost of homeowners insurance in NC varies by city. In addition, rates depend on various factors like the volume of claims in your nearby area, ZIP Code, or the crime rate. In North Carolina, the following cities offer the most affordable homeowners insurance.

Home and auto insurance bundling in North Carolina

How can you decrease the cost of homeowners insurance in NC? The best way is to bundle your home and auto insurance policies in North Carolina. You can save around $55

Home Insurance Discounts in North Carolina

Using the discounts offered by your insurer can lower your cost of homeowner insurance in North Carolina. These are some of the typical discounts that major insurers offer in North Carolina.

Comparing Common Features Across Top Companies

Your insurer's features are one factor you should always check while buying homeowners insurance in NC. The following are some features that insurance companies offer in the state.

Common Causes of Home Insurance Claims in North Carolina

Parts of North Carolina get frequently hit by hailstorms, tornadoes, and other windstorms, in addition to the threat of hurricanes and tropical storms. As a result, there may frequently be broken power lines and hail damage in certain areas of the state. The most frequent losses that cause home insurance claims in NC are the following.

• Wind and hail: The damage is brought on by extreme weather conditions that aren't labeled as hurricanes or tropical storms. In North Carolina, the storm season normally lasts from June to November, providing a sizable window for potential damage.
• Hurricane wind and flooding: Storms labeled as either tropical storms or hurricanes can produce this type of damage. According to FEMA's Declared Disasters Tracker, these weather patterns have been a moderate hazard in North Carolina over the past few years, with one disaster declared in 2021 and four in 2020.
• Lightning and fire: Although these claims are frequent, they can be expensive. Structures are typically damaged when there are fires, and firefighters' water damage can also be a problem. In addition, a home's complete electrical system can sustain damage and be set on fire by lightning strikes.

Natural disaster coverage in North Carolina

Does homeowners insurance cover hurricanes in North Carolina?

Insurance companies are still hesitant to assume the entire risk of hurricanes as a whole because they can result in terrible destruction and destroy structures. However, living in North Carolina may put you at a higher risk of experiencing hurricane damage. In North Carolina, around 32,282 single-family homes are particularly susceptible to storm damage.

Suppose you reside in an area that is at high risk for storms. In that case, your insurer may need you to have a separate hurricane deductible depending on where you are.

Does homeowners insurance cover flooding in North Carolina?

Homeowners insurance in NC does not provide coverage for damage brought on by flooding. Instead, you can buy flood insurance via the National Flood Insurance Program (NFIP) of FEMA or a private insurance provider to protect your home from flood damage.

• Your home's structure - $250,000
• Personal property - $100,000

Factors that Affect Home Insurance Rates in North Carolina

Are you planning to buy the best homeowners insurance in NC? Then consider these factors before buying one.

• Your location: Be ready to pay higher premiums for homeowners insurance in NC if your house is in an area with having high crime rate.
• Replacement cost: Your neighborhood's construction materials and labor rate will affect the insurance costs.
• Age/condition: The cost of home insurance in NC for newer homes are less than the older ones.
• Claims history: Homeowners with a history of filing frequent claims on their insurance pay higher premiums in the state.
• Credit history: Insurers also consider your credit score. Ideally, homeowners with bad credit pay higher premiums.
• Dog breed: You must pay a higher insurance premium if you have a dog that your insurer considers a 'dangerous breed.'

Tips for Buying Homeowners Insurance

Are you looking to buy cheap homeowners insurance in NC? Then try to follow these tips.

• Assess your rebuilding costs: Ask your insurance agent or a reputable builder how much it will cost to rebuild your home with inexpensive materials and local labor.
• Review the advantage of replacement cost over actual cash value: Try buying replacement cost insurance for your house and personal property.
• Consider add-on coverage for your expensive items: Personal property coverage may be necessary if you have expensive possessions like high-end gadgets, sporting equipment, musical instruments, or even antiquities.
• Evaluate your liability coverage needs: Determine the amount of liability insurance you need.
• Assess coverage gaps: A few home insurance companies provide extra perks like increased coverage limits for landscape items like trees and bushes.
• Check financial ratings: Organizations like AM Best and Standard & Poor's may have insurance ratings of all home insurers. For instance, some organizations won't let you qualify for a mortgage if your insurer doesn't have a minimum 'A' financial strength rating.
• Ask for discounts: Ensure you're taking advantage of your insurer's discounts.
• Compare quotes from multiple insurance companies: A single North Carolina home insurance policy rate can differ between insurance providers. So get quotes, compare, and buy cheap homeowners insurance in NC.

Most Common Disasters in North Carolina

The most common disasters in NC are hurricanes, severe storms, and flooding.

Disasters by month

According to FEMA, September is the busiest month for declared disasters and the peak hurricane season in North Carolina. Since 1953, there have been 20 declared disasters in September.

Disasters by year

According to FEMA, the state residents have had two disasters annually since 2000, but recent years have been busier than others. There have been ten declared disasters since the year 2018.

How to Get North Carolina Home Insurance with Way.com

A resident will always be trying to buy cheap homeowners insurance in NC. The annual average rate is lower than the national average. Still, many will be looking to find much more affordable insurance. But how can you get it?

That's where Way.com becomes your savior. Visit our website or app to obtain low-cost North Carolina home insurance rates. Visit Way, compare the quotes from all insurance companies, and buy the cheapest one. Additionally, our home insurance agents in North Carolina can help you. They will help you understand the state's home insurance rules, terms, discounts, and coverages.

So if you're trying to buy affordable homeowners insurance in NC, contact one of our agents.