How much is homeowners insurance in Fayetteville, North Carolina?

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In Fayetteville, homeowners pay an average annual rate of $3,325 for a coverage level that includes $300,000 for dwelling, $100,000 for liability protection, and a $1,000 deductible, according to our data. This is $821 more than the national average of $2,504 .

Homeowners insurance premiums can vary significantly from one property to another. In Fayetteville, the cost of home insurance is influenced by several factors, including:

Size of your home
Age of your home
Amount of coverage required
Location
Your credit score

To make sure you are getting the best deal on home insurance, it is important to get quotes from multiple insurers to find the right coverage for your needs. Read this guide for more info on how much homeowners insurance costs per month in Fayetteville, home insurance costs for different dwelling coverage, and which companies offer cheap home insurance in Fayetteville.

Key Takeaways

The average cost of homeowners insurance in Fayetteville is $3,325 per year.
State Farm is the cheapest homeowners insurance company in Fayetteville with an average annual premium of $949 .
If you increase your dwelling coverage from $200,000 to $300,000, you will just have to pay $1,174 more a year for home insurance.

How much is homeowners insurance in Fayetteville per month?

Residents of Fayetteville pay an average of $277 per month for homeowners insurance. This is $33 more than the state average of $244 and $68 more than the national average for home insurance across the United States. The cost of your homeowners insurance policy in Fayetteville can vary depending on your location, property value, and selected coverage options.

How much is homeowners insurance for a $200,000 house in Fayetteville?

The average cost of homeowners insurance in Fayetteville, NC is $2,151 annually for the dwelling coverage of $200,000 and the liability protection of $100,000. The cost of your home insurance each year depends on several factors – including the risk of natural disasters in your area. If your city is prone to events like hurricanes, wildfires, or floods, you’ll likely pay more for coverage.

Some places are more prone to natural disasters, like floods, hurricanes, or tornadoes. That makes rebuilding after a major event more expensive, which is why home insurance tends to cost more in those areas. And keep in mind, your standard policy probably doesn’t cover flood or hurricane damage. If you live in a high-risk zone, it’s definitely worth looking into separate flood insurance for extra protection.

How much is homeowners insurance for a $300,000 house in Fayetteville?

Fayetteville residents pay an average of $3,325 per year to insure a home for coverage limits of $300,000 dwelling, $100,000 liability with a $1,000 deductible. To increase your dwelling coverage from $200,000 to $300,000, you’ll pay an additional $1,174 per year.

The smartest approach is to carry enough insurance to cover the full cost of rebuilding your home.

How much is homeowners insurance in Fayetteville by company?

Among the carriers we analyzed, State Farm is the most affordable homeowners insurance company in Fayetteville, offering an average annual rate of $949 , while North Carolina Farm Bureau ranks second.

Researching a company thoroughly before selecting a homeowners insurance policy is essential – and we can help with that. We took a close look at all the insurance companies serving Fayetteville and put together a list of the most affordable ones.

Here’s a look at the top home insurance companies in Fayetteville and what you can expect to pay with each one on average.

Home insurance company	Annual rate
State Farm	$949
North Carolina Farm Bureau	$2,094
Nationwide	$4,057
Erie Insurance	$4,971
USAA*	$3,449

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

Many insurance companies offer discounts to customers who bundle their policies. By combining your home insurance policy with other policies, such as auto insurance, you can lower your premiums and simplify your insurance management with one provider.

Natural disasters in North Carolina that can impact your home insurance

Living in North Carolina comes with the possibility of natural disasters that can cause serious damage to your home and belongings. From costly repairs to large insurance claims, the financial impact can be significant. That’s why it’s important to know which types of disasters are most common in your area before selecting a home insurance policy.

Understanding your local risks allows you to customize your coverage – whether that means adjusting your policy limits, choosing a higher deductible, or adding protection for hazards like floods or earthquakes. Planning ahead helps ensure you’re fully covered when it matters most.

North Carolina is commonly affected by Ice storm and Winter weather.

How home insurance protects you against natural disasters

Home insurance can provide valuable protection against the financial impact of natural disasters. Standard home insurance policies typically cover damages from fire, windstorms, hail and lightning. However, events such as floods, earthquakes or landslides are excluded and require purchasing additional policies or endorsements. For example, flood insurance must be purchased separately, as it is not typically covered by a standard home insurance policy.

Home insurance pays for home repairs, replacement belongings and temporary living expenses if your dwelling becomes uninhabitable due to damage. The protection offered by home insurance can significantly reduce the financial impact of natural disasters.

TIP

There’s little time to prepare for a natural disaster, and it’s too late to make changes once a storm is on the radar. Make sure your homeowners insurance includes coverage for the types of disasters common in your area. Standard policies don’t always cover everything, like flood damage, so double-check exclusions and consider add-ons if you need them.

Methodology

Insure.com, with the help of Quadrant Information Services, gathered data for homeowners insurance rates in Fayetteville for $300,000 dwelling coverage, $100,000 liability coverage with a $1,000 deductible. The data presented are those with a good credit tier alignment.

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Shivani Gite

Contributing Writer

Shivani Gite is a personal finance and insurance writer with a degree in journalism and mass communication. She is passionate about making insurance topics easy to understand for people and helping them make better financial decisions.