Average homeowners insurance cost in North Carolina

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Homeowners in North Carolina pay an average of $2,933 per year for a standard home insurance policy.

The coverage limit you choose for your dwelling has a major impact on your premium. More protection generally means a higher cost. Higher coverage means higher premiums. State Farm offers some of the lowest rates in the state, making it a good starting point when comparing your options.

Don’t settle for the first quote – reach out to several insurers and dig into available discounts. Since rates hinge on details like your location, the age and construction of your home, your roof’s condition, and your claims history, the prices you’re offered can swing a lot. Getting address-specific quotes from a handful of companies puts you in the best position to land a great rate.

Key Takeaways

Our data puts the average homeowners insurance cost in North Carolina at $2,933 per year.
Of all ZIP codes analyzed in North Carolina, 28658 has the lowest average home insurance rates at around $1,744 annually.
On the insurer side, State Farm offers the most affordable average premiums in North Carolina, coming in at $1,401 per year.

What is the average cost of homeowners insurance in North Carolina?

The average homeowners insurance premium in North Carolina is $2,933 per year. That figure is based on a policy with $300,000 in dwelling coverage, $100,000 in liability protection, and a $1,000 deductible.

How much is home insurance in North Carolina? Cost by coverage level

Homeowners insurance in North Carolina costs $2,933 per year on average, based on a policy with $300,000 in dwelling coverage, $100,000 in liability, and a $1,000 deductible.

However, if you increase the dwelling coverage limit from $300,000 to $400,000, you will pay $3,670 per year for homeowners insurance in North Carolina for $100,000 in liability protection and a $1,000 deductible.

The table below shows average homeowners insurance costs in North Carolina for dwelling coverage from $200,000 to $1 million.

Coverage	Average annual rate	Average monthly rate
$200,000 with $1,000 Deductible and $100,000 Liability and 2% Deductible	$2,133	$178
$200,000 with $1,000 Deductible and $300,000 Liability and 2% Deductible	$2,141	$178
$300,000 with $1,000 Deductible and $100,000 Liability and 2% Deductible	$2,933	$244
$300,000 with $1,000 Deductible and $300,000 Liability and 2% Deductible	$2,941	$245
$400,000 with $1,000 Deductible and $100,000 Liability and 2% Deductible	$3,670	$306
$400,000 with $1,000 Deductible and $300,000 Liability and 2% Deductible	$3,678	$307
$600,000 with $1,000 Deductible and $100,000 Liability and 2% Deductible	$5,585	$465
$600,000 with $1,000 Deductible and $300,000 Liability and 2% Deductible	$5,593	$466
$1,000,000 with $1,000 Deductible and $100,000 Liability and 2% Deductible	$9,323	$777
$1,000,000 with $1,000 Deductible and $300,000 Liability and 2% Deductible	$9,331	$778

Average home insurance cost in North Carolina by insurer

State Farm offers the most affordable homeowners insurance in North Carolina, at an average annual premium of $1,401, followed by North Carolina Farm Bureau and Nationwide.

You can save hundreds – if not thousands – of dollars each year by shopping around.

Below are the average annual and monthly insurance rates for North Carolina homeowners for a policy with $300,000 dwelling coverage and $100,000 liability protection with a $1,000 deductible.

Company	Average annual rate	Average monthly rate
State Farm	$1,401	$117
North Carolina Farm Bureau	$2,514	$209
Nationwide	$5,456	$455
Erie Insurance	$5,936	$495
USAA*	$4,492	$374

*USAA is only available to military community members and their families.

How to lower your home insurance rate

Shop around. Don’t settle for the first quote. Compare rates from at least three to four insurers to find the best deal in North Carolina.
Bundle your policies. Adding home and auto (or renters and auto) to the same provider often unlocks significant multi-policy discounts.
Ask about smart home discounts. Installing security systems, smoke detectors, or water leak sensors can reduce your premium.
Check for other savings. Ask about loyalty discounts, claims-free rewards, or upgrades like fire-resistant roofing.

How does your ZIP code affect home insurance rates in North Carolina?

Where you live plays a major role in what you pay for home insurance. Your ZIP code signals the level of risk in your area, so places prone to crime, natural disasters, or costly rebuilds tend to come with higher premiums.

Here’s a look at the most and least affordable ZIP codes for home insurance across North Carolina.

Most affordable ZIP codes for home insurance rates in North Carolina

The most affordable rates are in 28658, where homeowners pay $1,744 per year on average.

Not every area in North Carolina has the same home insurance cost. How much you pay for homeowners insurance in North Carolina depends on many factors, including your ZIP code.

Below you can find homeowners insurance rates for some of the most affordable ZIP codes in North Carolina.

ZIP code	Average annual rate	Average monthly rate
28658	$1,744	$145
28610	$1,745	$145
28168	$1,746	$146
28650	$1,747	$146
28673	$1,748	$146
28609	$1,749	$146
28753	$1,766	$147
28743	$1,768	$147
28716	$1,772	$148
28786	$1,774	$148

Most expensive ZIP codes for home insurance in North Carolina

28480 carries the highest average home insurance rates in North Carolina, at $29,676 per year.

ZIP codes with higher premiums typically reflect a combination of elevated crime, greater natural disaster exposure, and higher local costs of living and construction.

Below are average rates for some of the most expensive ZIP codes in North Carolina.

ZIP code	Average annual rate	Average monthly rate
28480	$29,676	$2,473
28428	$29,674	$2,473
28409	$29,617	$2,468
28403	$29,545	$2,462
28461	$29,002	$2,417
28462	$28,997	$2,416
28469	$28,902	$2,409
28524	$27,963	$2,330
28511	$27,954	$2,330
28512	$27,925	$2,327

Home insurance rates vary from one city to another. But with Insure.com, finding the right home insurance policy is easy. Learn more about homeowners insurance costs for different cities below.

Home insurance rates in North Carolina by city

See rates in your city

What are the best homeowners insurance companies in North Carolina?

Our data points to State Farm as the best overall pick in North Carolina, thanks to its AM Best rating of A++ and one of the lowest NAIC complaint scores in the state.

We ranked insurers using two measures that matter most when you’re counting on coverage:

AM Best Ratings reflect financial strength-essentially, how confidently a company can cover claims.
NAIC Complaint Scores track complaints in proportion to a company’s size, so a lower number means fewer headaches for policyholders.

Combined, they offer a clear read on whether an insurer is both financially sound and easy to deal with. In the table below, you’ll find the top companies in North Carolina compared by annual premium, financial rating, and complaint history.

Company	Average annual premium	AM Best rating	NAIC Complaint Index	Overall score
State Farm	$1,162	A++	0.95	5
Nationwide	$3,141	A+	0.87	3.93

How to understand insurer ratings and complaint data

When choosing an insurer, you want to know if the company can pay your claim, and if customers are satisfied with it. Rating agencies track this data so you can make an informed decision at renewal.

Here are the two ratings that we have referred to:

AM Best: A global agency that rates insurers based on their financial strength and ability to pay claims. A higher score means the company is more financially stable.
NAIC Complaint Index: The National Association of Insurance Commissioners tracks consumer complaints. A score below 1.00 means fewer complaints than expected for a company of that size, while a score above 1.00 means more complaints than expected.

What factors affect your home insurance rate?

Home insurance rates come down to how much risk you represent to the insurer. The main factors they weigh:

Where you live. Local crime, weather risk, and how often neighbors file claims.
Your claims history. Past claims usually raise your rate.
Your credit-based insurance score. Weaker credit can mean a higher premium (restricted in some states, like California and Massachusetts).
Your coverage limits and deductible. More coverage or a lower deductible costs more.

Rates have also been climbing across the board. Home insurance premiums for owner-occupied homes rose more than 11% nationwide in 2023, according to S&P Global Market Intelligence’s RateWatch application.

Resources & methodology

Source

S&P Global. US homeowners insurance rates jump by double digits in 2023. Accessed June 2026.

Methodology

Insure.com worked with Quadrant Information Services to get homeowners insurance data. We analyzed 20,739,560 insurance quotes from 82 national and regional insurance companies across 34,588 ZIP codes to determine the average premiums.

The insurance rates are based on a sample profile of a homeowner with good credit and the following coverage level:

$300,000 dwelling coverage
$100,000 liability protection
$1000 deductible

We have taken into account 3 important factors, such as average annual cost, NAIC score, and AM Best rating, to determine the list of best homeowners insurance companies. The quoted insurance rates are for comparison purposes, and your individual rates may vary.

Alisha Ambre

Alisha Ambre holds a Bachelor of Arts with honours in English Literature and Media Studies. She focuses on crafting clear, engaging content that makes complex information feel practical and approachable for everyday readers. When she’s not writing, she’s likely on the volleyball court or immersed in a good video game.