Updated: October 22, 2025
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The average cost of homeowners insurance in North Carolina in 2024 is $3,383, $960 higher than the national average of $2,423. Beyond coverage amount, credit rating has the largest impact on premiums, with the difference between the lowest and highest premium amounts reaching $5,613.
If your rates have recently increased, the cheapest policies in North Carolina may offer more affordable options. The insurance provider you choose also affects your premiums.
MoneyGeek’s home insurance calculator will give you a ballpark estimate of your cost — It's free to use, requires no personal information and we won't send you any spam.
Rates updated:
Oct 24, 2025
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Table of Contents
To establish the average cost of homeowners insurance in North Carolina, MoneyGeek used quotes from various providers for a profile that reflects the average homeowner.
These rates reflect the average cost of car insurance in North Carolina as of 2024.
In North Carolina, homeowners pay an annual premium of $3,383 for policies with $250,000 in dwelling coverage, $125,000 in personal property coverage and $200,000 in liability coverage. This rate is higher than the national average of $2,423.
Decide how much coverage you need based on what it would cost to rebuild your home and replace personal belongings after a total loss. This includes coverage for additional structures, liability and living expenses if you need to live elsewhere temporarily.
The average premium adjusts with coverage level. For a policy with $100,000 in dwelling coverage, North Carolinians pay an annual premium of $1,689. A more substantial home needing $500,000 in dwelling coverage costs $6,039 annually.
| $100K Dwelling / $50K Personal Property / $100K Liability | $1,689 |
| $250K Dwelling / $125K Personal Property / $200K Liability | $3,383 |
| $500K Dwelling / $250K Personal Property / $300K Liability | $6,039 |
| $750K Dwelling / $375K Personal Property / $500K Liability | $8,679 |
Homeowners insurance premiums in North Carolina vary widely by provider for comparable coverage. A policy from Nationwide may cost over four times as much annually as a similar one from State Farm.
For the best fit for your needs, there are plenty of great providers in North Carolina. Differences in underwriting criteria, such as risk assessments and discount offerings, drive premium variations across companies.
| State Farm | $1,061 |
| Auto-Owners Insurance | $2,307 |
| UPC Insurance | $2,841 |
| Heritage Insurance | $3,084 |
| Erie | $4,213 |
| Farmers | $4,380 |
| USAA | $4,564 |
| Nationwide | $4,615 |
Homeowners in North Carolina with poor credit scores pay an average annual premium of $8,370 for homeowners insurance, $4,987 more than the state average of $3,383. Those with excellent credit pay $2,757 annually, saving $626 below the state average. Credit scores impact rates because insurers use them to gauge claim risk.
While immediate credit score improvement may not be possible, gradual improvements lower insurance rates over time. Also compare insurers to find savings. In less than 15 minutes, you can see which North Carolina home insurance policy is cheapest by reviewing quotes.
| Poor | $8,370 |
| Below Fair | $6,222 |
| Fair | $4,668 |
| Good | $3,383 |
| Excellent | $2,757 |
Your roof type also influences your homeowners insurance premium. In North Carolina, homes with tile roofs see lower insurance costs than homes with shake-treated roofs due to their durability.
Your home's construction materials also affect insurance rates. Superior construction materials, which resist hazards like fire better, lead to lower premiums than standard frame construction.
The drop-downs in the table help you see how premiums change based on your home's materials:
| $100K Dwelling / $50K Personal Property / $100K Liability | $1,689 |
| $250K Dwelling / $125K Personal Property / $200K Liability | $3,383 |
| $500K Dwelling / $250K Personal Property / $300K Liability | $6,039 |
| $750K Dwelling / $375K Personal Property / $500K Liability | $8,679 |
| $1M Dwelling / $500K Personal Property / $1M Liability | $11,544 |
Homeowners insuring new constructions in North Carolina pay lower premiums due to modern materials and current building codes. The average annual premium for new homes is $1,786, $1,597 less than the $3,383 average for older homes. The table below shows how premiums differ between new and existing constructions across coverage levels.
| Existing Construction (2000) | $3,383 |
| New Construction (2023) | $1,786 |
In North Carolina, the annual premium for homeowners who haven't filed a claim in over five years averages $3,383. For those who submitted one claim within the past five years, the average jumps to $4,158, a $775 increase. Homeowners with two claims in the same period pay $4,989 on average, $1,606 above the baseline. Maintaining a claim-free record saves you money.
| Claim free for 5+ years | $3,383 |
| 1 claim in past 5 years | $4,158 |
| 2 claims in past 5 years | $4,989 |
In North Carolina, hurricanes and tornadoes pose the greatest threats to homeowners. Standard home insurance policies cover wind damage from tornadoes.
Hurricane damage is trickier. Most policies cover wind damage from hurricanes but not flooding. You'll need separate flood insurance for flood damage.
Annual premiums range from $1,766 to $17,727 across the cities we analyzed. In Charlotte, the annual premium is $1,939, while Wilmington's is $17,727. Cary costs $2,189 per year.
Location impacts premiums due to varying risks like weather, crime and local construction costs. City factors can influence premiums more than construction type or year.
| Cary | $2,189 |
| Charlotte | $1,939 |
| Durham | $2,163 |
| Fayetteville | $2,878 |
| Greensboro | $1,766 |
| High Point | $1,768 |
| Raleigh | $2,193 |
| Wilmington | $17,727 |
| Winston-Salem | $1,864 |
Finding affordable homeowners insurance in North Carolina is easier when you understand what influences premiums. Shop smart with our guide:
Ask about deals like bundles to save money.
Pick insurers with good reviews and fair prices.
Select a deductible amount that fits your budget.
Buy the insurance that meets your needs best.
Homeowners can save by bundling home and auto insurance in North Carolina. The average annual premium for homeowners insurance is $3,383. Multipolicy bundles save North Carolinians $156 to $801 per year, about 17%.
North Carolina residents can access various homeowners insurance discounts:
To maximize savings, ask about all available discounts when requesting a quote.
We've answered common questions about the average cost of home insurance in North Carolina.
State Farm offers the cheapest homeowners insurance in North Carolina at $1,061 per year. For more options, consider cheap national providers.
Hurricanes, one of the most costly natural disasters in North Carolina, are covered by home insurance. But flood damage from hurricanes requires separate insurance. You can purchase flood insurance through the National Flood Insurance Program or a private flood insurer, and some home insurers offer it as an endorsement.
Credit rating is the biggest factor affecting homeowners insurance rates in North Carolina, with premiums ranging from $2,757 for excellent credit to $8,370 for poor credit.
You can save $156 to $801 per year by bundling homeowners and auto insurance in North Carolina, about 17% savings.
Here's a list of curated resources that can help you when looking for homeowners insurance:
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
He writes about economics and insurance, breaking down complex topics so people know what they're buying.
