Average homeowners insurance cost in North Carolina

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Home insurance in North Carolina costs an average of $3,113 per year for standard coverage.

Your actual cost depends on your dwelling coverage limit and the protection level you choose. Higher coverage means higher premiums. State Farm offers competitive rates in the state, making it a strong option to consider as you compare coverage levels.

Shop around and ask about discounts. Rates vary widely between insurers, and depend on factors like your home’s location, age, construction, roof condition, and claims history-so getting quotes specific to your address and comparing several companies helps you find the best deal.

Key Takeaways

Homeowners insurance costs an average of $3,113 a year, based on our data.
Of all the ZIP codes in North Carolina, 28623 has the most affordable home insurance rates at around $1,842 annually.
In North Carolina, State Farm provides the most affordable home insurance at an average annual premium of $1,193.

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

The average homeowners insurance premium in North Carolina is $3,113 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

On average, homeowners in North Carolina pay $3,113 a year for insurance – a figure based on $300,000 in dwelling coverage, $100,000 in liability, and a $1,000 deductible.

Raising your dwelling coverage from $300,000 to $400,000, with the same liability and deductible, brings the average annual cost to $3,896 in North Carolina.

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 $200,000 Liability and 2% Hurricane	$1,962	$163
$200,000 with $1,000 Deductible and $300,000 Liability and 2% Hurricane	$1,972	$164
$300,000 with $1,000 Deductible and $200,000 Liability and 2% Hurricane	$3,113	$259
$300,000 with $1,000 Deductible and $300,000 Liability and 2% Hurricane	$3,124	$260
$400,000 with $1,000 Deductible and $200,000 Liability and 2% Hurricane	$3,896	$325
$400,000 with $1,000 Deductible and $300,000 Liability and 2% Hurricane	$3,904	$325
$600,000 with $1,000 Deductible and $200,000 Liability and 2% Hurricane	$5,476	$456
$600,000 with $1,000 Deductible and $300,000 Liability and 2% Hurricane	$5,488	$457
$1,000,000 with $2,500 Deductible and $200,000 Liability and 2% Hurricane	$6,390	$532
$1,000,000 with $2,500 Deductible and $300,000 Liability and 2% Hurricane	$6,403	$534

Average home insurance cost in North Carolina by insurer

The most affordable homeowners insurance in North Carolina comes from State Farm, which averages $1,193 per year. North Carolina Farm Bureau and Nationwide are also worth considering.

Shopping around can save you hundreds, or more, each year.

Below are average annual and monthly premiums for North Carolina homeowners, based on a policy with $300,000 in dwelling coverage, $100,000 in liability protection, and a $1,000 deductible.

Company	Average annual rate	Average monthly rate
State Farm	$1,193	$99
North Carolina Farm Bureau	$1,946	$162
Nationwide	$4,749	$396
Erie Insurance	$5,964	$497
USAA*	$2,827	$236

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

How to lower your home insurance rate

Shop around. A single quote won’t tell you much. Comparing rates from three or four different insurers in North Carolina is the surest way to find a competitive price.
Bundle your policies. Pairing home and auto insurance, or renters and auto, with the same provider is a straightforward way to qualify for multi-policy discounts.
Ask about smart home discounts. Home security systems, smoke detectors, and leak detection devices are upgrades that many insurers reward with lower premiums.
Check for other savings. It’s worth asking your insurer about loyalty discounts, claims-free incentives, and credits for improvements like fire-resistant roofing materials.

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 in North Carolina

28623 has the lowest average home insurance rates in North Carolina, with homeowners paying around $1,842 per year.

Home insurance rates aren’t uniform across North Carolina. Your ZIP code, in particular, is one of the biggest reasons prices differ from one area to the next.

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

ZIP code	Average annual rate	Average monthly rate
28623	$1,842	$153
28627	$1,843	$154
28644	$1,845	$154
28733	$1,893	$158
28702	$1,903	$159
28771	$1,904	$159
28716	$1,920	$160
28786	$1,922	$160
28721	$1,923	$160
28745	$1,925	$160

Most expensive ZIP codes for home insurance rates in North Carolina

28480 has the highest rates in North Carolina at an average of $9,641 per year.

Home insurance costs more in certain ZIP codes due to higher crime rates, natural disaster risk, and living costs.

Below, we’ve highlighted some of the most expensive ZIP codes in North Carolina for home insurance:

ZIP code	Average annual rate	Average monthly rate
28480	$9,641	$803
28461	$9,456	$788
28462	$9,451	$788
28469	$9,341	$778
28460	$8,800	$733
28428	$8,542	$712
28443	$8,472	$706
28512	$8,469	$706
28594	$8,455	$705
28409	$8,430	$703

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

How have home insurance rates changed in North Carolina?

Home insurance rates in North Carolina decrease by 28% from 2023 to 2025. This reflects broader trends in the state’s insurance market over the past few years.

The below data shows how much homeowners insurance rates have changed since 2022.

2022 rates	2023 rates	2025 rates
$2,985	$4,330	$3,113

What are the best homeowners insurance companies in North Carolina?

Based on our data, State Farm stands out as the top choice in North Carolina. It earns an AM Best rating of A+ and holds one of the lowest NAIC complaint scores statewide-a strong sign of both reliability and customer satisfaction.

To pinpoint the most trustworthy insurers, we measured each company against two benchmarks:

AM Best Ratings gauge a company’s financial strength and its ability to pay claims when you need it most.
NAIC Complaint Scores compare how often a company is the subject of complaints relative to its size, with lower scores pointing to fewer problems.

Looked at together, these benchmarks give a dependable picture of an insurer’s financial footing and the experience you can expect as a customer. The table below ranks the leading companies in North Carolina by annual premium, financial rating, and complaint history.

Company	Average annual premium	Am Best Rating	NAIC Complaint Index	Overall score
State Farm	$1,193	A+	1.15	4.79
North Carolina Farm Bureau	$1,946	A-	0.46	4.53
Nationwide	$4,749	A	1.34	4.23
Erie Insurance	$5,964	A	0.46	4.12
USAA*	$2,827	A++	0.46	4.71

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

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 is priced according to the risk an insurer associates with your property and personal profile. The factors that carry the most weight include:

Where you live. Crime levels, weather-related risks, and local claims activity all factor into your rate.
Your claims history. Having filed claims in the past generally leads to a higher premium going forward.
Your credit-based insurance score. Most states allow insurers to use credit as a pricing factor. A lower score can result in a higher rate, though states such as California and Massachusetts have restrictions on this practice.
Your coverage limits and deductible. Choosing higher coverage or a lower deductible will increase your annual cost.

Home insurance costs have also been rising nationally. S&P Global Market Intelligence’s RateWatch application found that premiums for owner-occupied homes increased by more than 11% in 2023.

Resources and Methodology

Sources:

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

Methodology

Insure.com worked with Quadrant Information Services to compile homeowners insurance data, analyzing 37,973,840 quotes from 75 company groups (134 companies) across 34,595 ZIP codes in all 51 states.

Rates are based on a sample homeowner profile with good credit and the following coverage:

$300,000 dwelling coverage
$100,000 liability protection
$1,000 deductible

The national average annual premium (non-hurricane deductible) is $2,543.

Company rankings factor in:

AM Best rating: 30%
NAIC score: 35%
Annual premium: 35%

All quoted rates are for comparison purposes and individual premiums 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.