Looking for cheap renters insurance in North Carolina? Consider getting quotes from North Carolina Farm, USAA and Allstate. In our analysis these companies offer the cheapest rates of all the carriers surveyed. But it’s smart to get multiple quotes for North Carolina renters insurance because the prices vary a lot among carriers. Below is the list of cheapest renters insurance companies in North Carolina:
- North Carolina Farm
- USAA
- State Farm
- Allstate
- Phoenix
Cheapest renters insurance companies in North Carolina
According to Insure.com’s analysis, North Carolina Farm offers the cheapest renters insurance in North Carolina at about $169 a year or $14 per month. USAA is in second place with an average annual rate of $210. However, the cost of your premium may vary depending on factors specific to you.
| Company | Average annual rate | Average monthly rate |
|---|---|---|
| North Carolina Farm | $169 | $14 |
| USAA | $210 | $18 |
| State Farm | $240 | $20 |
| Allstate | $250 | $21 |
| Phoenix | $266 | $22 |
| Liberty | $268 | $22 |
| Nationwide | $271 | $23 |
| Automobile Ins Co Of Hartford CT | $292 | $24 |
| Safeco | $416 | $35 |
Average cost of renters insurance in North Carolina by coverage level
The average cost of renters insurance in North Carolina is $166 per year or $14 per month. These rates are for coverage level of $20,000 for personal property, $300,000 for liability protection and $1000 as deductible.
Whereas, renters insurance costs $297 annually for coverage limit of $40,000 as personal property, $300,000 for liability and $1000 deductible.
| Coverage level | Avg. annual renters insurance rate | Avg. monthly renters insurance rate |
|---|---|---|
| $20,000 | $166 | $14 |
| $40,000 | $297 | $25 |
| $60,000 | $419 | $35 |
Most affordable ZIP codes for renters insurance in North Carolina
28168 is the most affordable zip code for renters insurance in North Carolina. Our insurance experts have analyzed price quotes from all the major carriers in North Carolina and put together a list of the most affordable zip codes with cheapest renters insurance.
| ZIP code | Average annual rate | Average monthly rate |
|---|---|---|
| 28168 | $214 | $18 |
| 28605 | $215 | $18 |
| 28615 | $216 | $18 |
| 28702 | $234 | $20 |
| 28708 | $235 | $20 |
| 27207 | $236 | $20 |
| 28604 | $238 | $20 |
| 27054 | $243 | $20 |
| 27012 | $249 | $21 |
| 27701 | $251 | $21 |
Least affordable ZIP codes for renters insurance in North Carolina
Of all the zip codes analyzed by Insure.com, 28403 is the least affordable zip code for renters insurance in North Carolina. Its average annual rate for North Carolina renters is $554 a year or $46 per month. The insurance rates in a city can vary depending on many factors, such as crime rate and weather. A population with a low crime rate will have much lower premiums in comparison to other areas.
| ZIP code | Average annual rate | Average monthly rate |
|---|---|---|
| 28403 | $554 | $46 |
| 28461 | $553 | $46 |
| 28511 | $552 | $46 |
| 28512 | $551 | $46 |
| 28443 | $549 | $46 |
| 28445 | $539 | $45 |
| 27960 | $500 | $42 |
| 27948 | $499 | $42 |
| 27915 | $490 | $41 |
| 28520 | $421 | $35 |
Renters and auto bundle discounts in North Carolina
Bundling with your auto insurance is a great way to save money on renters coverage. If you purchase your auto and renters insurance policies from the same company you can save an average of $79 per year in North Carolina.
Below is a list of companies that offer cheap rates upon bundling and you can also find how much you will have to pay if you don’t bundle your policies.
| Company | Average annual rate | Average base annual rate (without bundling) | $ bundle average savings | % bundle average savings |
|---|---|---|---|---|
| State Farm | $985 | $1,063 | $78 | 7% |
| Erie | $1,060 | $1,125 | $65 | 6% |
| Government Employees | $1,140 | $1,173 | $33 | 3% |
| Nationwide | $1,158 | $1,258 | $100 | 8% |
| Geico | $1,265 | $1,283 | $18 | 1% |
| Allstate | $2,331 | $2,512 | $181 | 7% |
