Average Renters Insurance Cost in North Carolina

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In North Carolina, renters insurance rates depend on factors like your insurer, chosen coverage limits and personal circumstances. On average, renters pay $436 annually or $36 monthly for a policy with $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 $436 per year or $36 per month.
North Carolina Farm Bureau provides the least expensive renters insurance in North Carolina at an average rate of $171 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 cost of renters insurance is $36 per month. However, the exact premiums may vary based on factors like your location, the value of your belongings, and the amount of coverage you choose. It’s always a good idea to compare quotes from multiple insurers to ensure you get the best deal.

Average renters ins cost per month	Difference compared to national average
$36	$12 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 $171, 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	$171	$14
State Farm	$257	$21
Allstate	$321	$27
Auto-Owners	$328	$27
Erie Insurance	$612	$51
Nationwide	$629	$52
Farmers	$735	$61

Renters insurance calculator in North Carolina

$427/year

Estimated renters insurance rates in North Carolina

$36

Monthly renters insurance cost in North Carolina

58%

Compared to national average

Average cost of renters insurance in North Carolina by coverage level

On average, North Carolina renters pay $436 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 $232 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	$267	$22
$20,000 with $500 Deductible and $300,000 Liability	$276	$23
$20,000 with $1,000 Deductible and $100,000 Liability	$223	$19
$20,000 with $1,000 Deductible and $300,000 Liability	$232	$19
$40,000 with $500 Deductible and $100,000 Liability	$487	$41
$40,000 with $500 Deductible and $300,000 Liability	$497	$41
$40,000 with $1,000 Deductible and $100,000 Liability	$427	$36
$40,000 with $1,000 Deductible and $300,000 Liability	$436	$36
$60,000 with $500 Deductible and $100,000 Liability	$666	$55
$60,000 with $500 Deductible and $300,000 Liability	$675	$56
$60,000 with $1,000 Deductible and $100,000 Liability	$583	$49
$60,000 with $1,000 Deductible and $300,000 Liability	$593	$49

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 in North Carolina by city

See rates in your city

Average cost of renters insurance in North Carolina by ZIP code

The cost of renters insurance in North Carolina varies by ZIP code. It’s important to note that the affordability of renters insurance can differ significantly depending on your location.

To provide a more comprehensive overview, let’s see some of the most and least affordable ZIP codes for renters insurance in North Carolina.

Most affordable ZIP codes for renters insurance in North Carolina

The amount North Carolina renters pay for insurance largely depends on their ZIP code. Among all the ZIP codes analyzed, 28701 is the state’s most affordable ZIP for renters insurance, with an average annual premium of $300.

Since rates differ by ZIP code, comparing quotes is one of the simplest ways to get the most affordable renters insurance policy in North Carolina.

ZIP code	City	Average annual rate	Average monthly rate
28701	Alexander	$300	$25
28704	Arden	$300	$25
28801	Asheville	$300	$25
28709	Barnardsville	$300	$25
28710	Bat Cave	$300	$25
28711	Black Mountain	$300	$25
28715	Candler	$300	$25
28722	Columbus	$300	$25
28726	East Flat Rock	$300	$25
28728	Enka	$300	$25

Least affordable ZIP codes for renters insurance in North Carolina

28469 is the most expensive ZIP code for renters insurance in North Carolina, at an average cost of $1,252 annually or $104 monthly.

We’ve gathered and analyzed quotes from major insurance companies across all ZIP codes in North Carolina. The table below shows the average annual renters insurance rates by ZIP code.

ZIP code	City	Average annual rate	Average monthly rate
28469	Ocean Isle Beach	$1,252	$104
28461	Southport	$1,252	$104
28462	Supply	$1,252	$104
28443	Hampstead	$1,241	$103
28511	Atlantic	$1,236	$103
28512	Atlantic Beach	$1,236	$103
28516	Beaufort	$1,236	$103
28524	Davis	$1,236	$103
28594	Emerald Isle	$1,236	$103
28557	Morehead City	$1,236	$103

Final thoughts: Average renters insurance in North Carolina

Renters insurance is a must for North Carolina renters. It protects personal belongings from damage caused by fire, theft, vandalism and natural disasters, giving renters confidence and peace of mind.

Finding the most affordable renters insurance requires shopping around and comparing quotes from multiple insurers. To make an informed choice, consider not just the price but also the coverage options, deductibles, and customer reviews.

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.