Average Renters Insurance Cost in North Carolina

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Renters insurance costs in North Carolina vary depending on your coverage level, insurance provider, and personal circumstances. On average, renters in North Carolina pay $366 per year or $31 per month for a policy that includes $40,000 in personal property coverage, $300,000 in liability protection and a $1,000 deductible.

Key Takeaways

The average cost of renters insurance in North Carolina is $366 per year or $31 per month.
North Carolina Farm Bureau provides the least expensive renters insurance in North Carolina at an average rate of $157 annually.
Renters insurance rates can vary significantly among insurance companies. Compare quotes to find the best deal on renters insurance in North Carolina.

Average renters insurance cost in North Carolina per month

In North Carolina, the average monthly cost of renters insurance is $31. However, premiums can differ depending on factors such as your rental’s location, the value of your personal belongings and the level of coverage you select. Experts recommend comparing quotes from different insurance companies to find the best deal.

Average renters ins cost per month	Difference compared to national average
$31	$9 more

Average renters insurance cost in North Carolina by company

According to our data, North Carolina Farm Bureau provides the most affordable renters insurance in North Carolina, with an average annual rate of $157, followed by State Farm and Allstate.

Getting quotes from multiple renters insurance companies in North Carolina is a good idea, as prices can differ significantly among insurers.

Below, you can find average annual and monthly renters insurance rates from various companies in North Carolina.

Company	Average annual rate	Average monthly rate
North Carolina Farm Bureau	$157	$13
State Farm	$270	$23
Allstate	$308	$26
Auto-Owners	$337	$28
Nationwide	$452	$38
Erie Insurance	$520	$43
Farmers	$641	$53
USAA*	$160	$13

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

Renters insurance calculator in North Carolina

$357/year

Estimated renters insurance rates in North Carolina

$30

Monthly renters insurance cost in North Carolina

45%

Compared to national average

Average cost of renters insurance in North Carolina by coverage level

On average, North Carolina renters pay $366 each year for insurance for a coverage limit of $40,000 in personal property, $300,000 in liability protection and a $1,000 deductible.

Reducing your personal property coverage from $40,000 to $20,000 can lower your renters insurance cost in North Carolina to $199 per year. This policy still includes $300,000 in liability protection and a $1,000 deductible. However, you should ensure that $20,000 is adequate coverage for your personal belongings before making this change.

Below are the average annual renters insurance costs in North Carolina for personal property coverage of $20,000 and $40,000.

Coverage level	Average annual renters insurance rate	Average monthly renters insurance rate
$20,000 with $500 Deductible and $100,000 Liability	$225	$19
$20,000 with $500 Deductible and $300,000 Liability	$234	$19
$20,000 with $1,000 Deductible and $100,000 Liability	$190	$16
$20,000 with $1,000 Deductible and $300,000 Liability	$199	$17
$40,000 with $500 Deductible and $100,000 Liability	$404	$34
$40,000 with $500 Deductible and $300,000 Liability	$413	$34
$40,000 with $1,000 Deductible and $100,000 Liability	$357	$30
$40,000 with $1,000 Deductible and $300,000 Liability	$366	$31
$60,000 with $500 Deductible and $100,000 Liability	$555	$46
$60,000 with $500 Deductible and $300,000 Liability	$564	$47
$60,000 with $1,000 Deductible and $100,000 Liability	$490	$41
$60,000 with $1,000 Deductible and $300,000 Liability	$499	$42

Average cost of renters insurance in North Carolina by city

Renters insurance premiums can vary widely between cities. To help you choose the right policy, we’ve compiled average costs by location. Explore renters insurance rates across various cities in North Carolina and find the best fit for your budget.

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

Renters insurance rates in North Carolina by city

Average cost of renters insurance in North Carolina by ZIP code

In North Carolina, the cost of renters insurance can vary significantly across ZIP codes. Here, we’ll show you the ZIP codes where renters insurance is most affordable and where it costs the most.

Most affordable ZIP codes for renters insurance in North Carolina

How much North Carolina renters pay for insurance depends on the ZIP code they live in. 28701 is the most affordable ZIP code for renters insurance in North Carolina among all the ZIP codes analyzed, at $258 a year on average.

Rates vary by ZIP code, so comparing quotes is one of the easiest ways to get the best deal on renters insurance in North Carolina.

ZIP code	City	Average annual rate	Average monthly rate
28701	Alexander	$258	$22
28704	Arden	$258	$22
28709	Barnardsville	$258	$22
28710	Bat Cave	$258	$22
28711	Black Mountain	$258	$22
28715	Candler	$258	$22
28726	East Flat Rock	$258	$22
28728	Enka	$258	$22
28729	Etowah	$258	$22
28730	Fairview	$258	$22

Least affordable ZIP codes for renters insurance in North Carolina

Your ZIP code, among other factors, affects how much you pay for renters insurance in North Carolina. 28469 is the least affordable ZIP code for North Carolina renters at an average cost of $963 a year or $80 monthly.

We have analyzed quotes from the major insurance carriers across all the ZIP codes in North Carolina. Below are the average annual renters insurance costs by ZIP code.

ZIP code	City	Average annual rate	Average monthly rate
28469	Ocean Isle Beach	$963	$80
28462	Holden Beach	$963	$80
28461	Bald Head Island	$963	$80
28443	Hampstead	$956	$80
28480	Wrightsville Beach	$950	$79
28428	Carolina Beach	$950	$79
28409	Myrtle Grove	$950	$79
28403	Wilmington	$950	$79
28594	Emerald Isle	$950	$79
28584	Cape Carteret	$950	$79

Final thoughts: Average renters insurance in North Carolina

Renters insurance is a must-have for renters in North Carolina. It protects your belongings in the event of damage from fire, theft, vandalism or any other natural disasters.

To find the best renters insurance at an affordable rate, shop around and compare quotes from multiple insurance companies. In addition to price, consider factors like coverage options, deductibles and customer reviews.

How much is renters insurance in other states

Alaska$257/Year

Alabama$324/Year

Arkansas$363/Year

Arizona$260/Year

California$271/Year

Colorado$191/Year

Connecticut$292/Year

Delaware$181/Year

Florida$248/Year

Georgia$352/Year

Hawaii$247/Year

Iowa$203/Year

Idaho$184/Year

Illinois$246/Year

Indiana$269/Year

Kansas$251/Year

Kentucky$207/Year

Louisiana$504/Year

Massachusetts$262/Year

Maryland$256/Year

Maine$198/Year

Michigan$340/Year

Minnesota$211/Year

Missouri$231/Year

Mississippi$387/Year

Montana$275/Year

North Dakota$192/Year

Nebraska$295/Year

New Hampshire$173/Year

New Jersey$207/Year

New Mexico$201/Year

Nevada$246/Year

New York$293/Year

Ohio$252/Year

Oklahoma$281/Year

Oregon$288/Year

Pennsylvania$274/Year

Rhode Island$476/Year

South Carolina$294/Year

South Dakota$202/Year

Tennessee$290/Year

Texas$226/Year

Utah$204/Year

Virginia$235/Year

Vermont$182/Year

Washington$222/Year

Wisconsin$167/Year

West Virginia$248/Year

Wyoming$136/Year

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.