Auto-Owners is the cheapest home insurance option for most homeowners in North Carolina, with an average monthly savings of $297. Below is a summary of the most affordable providers in the state.
Cheapest Home Insurance in North Carolina
Updated: November 13, 2025
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Key Takeaways
Auto-Owners offers the cheapest homeowners insurance in North Carolina if you own a new home or have bad credit.
Customers can find savings of up to 80% from the cheapest overall providers in North Carolina: Auto-Owners and Heritage Insurance.
If you live in a high-fire-risk area, Auto-Owners is the cheapest provider for home insurance in North Carolina.
What is the Cheapest Home Insurance in North Carolina?
| Auto-Owners Insurance | $202 | $2,425 | 27% |
| Heritage Insurance | $223 | $2,671 | 19% |
| Erie | $339 | $4,065 | -23% |
| Farmers | $342 | $4,103 | -24% |
*These rates are based on a house built in 2000 with a $1,000 deductible, $250,000 in dwelling coverage, $125,000 in personal property coverage, $200,000 in liability coverage and class 3 fire protection. The insured is assumed to have good credit and no claims in the past five years.
THE CHEAPEST COMPANY MAY NOT BE THE BEST FOR YOU
Price matters for home insurance, but you should also know about a company's customer service reputation and coverage options. We created a separate guide to the best home insurance companies in North Carolina to help you choose.
Cheapest North Carolina Home Insurance Rates by Category
We’ve listed the cheapest options for most homeowners, but those rates don't reflect your specific situation. For instance, Auto-Owners is the cheapest overall, but it offers the best rates for newer homes. We’ve outlined the cheapest companies on average for common categories.
| Auto-Owners Insurance | Older Homes | $202 |
| Auto-Owners Insurance | Newer Homes | $77 |
| Auto-Owners Insurance | Homes in High Risk Fire Areas | $217 |
| Heritage Insurance | Bad Credit | $245 |
*Rates are modified based on our methodology’s base profile. Newer home estimates are based on a home built in 2023, high-risk fire estimates are for a policy with 8-class fire protection, and bad credit rates assume a poor credit score on the FICO scale.
Compare Personalized Cheap North Carolina Home Insurance
The companies listed above typically provide the best rates for their categories, but actual rates vary based on your unique profile. Use the filter below to get a personalized list of the cheapest providers for your situation.
Data filtered by:
$250K Dwelling / $125K Personal Property / $200K Liability
1000
Claim free for 5+ years
Good
Older Homes
| Auto-Owners Insurance | $207 | $2,484 |
| Heritage Insurance | $246 | $2,949 |
| Erie | $368 | $4,416 |
| Farmers | $378 | $4,534 |
Cheapest North Carolina Home Insurance By City
Risk factors for insurers vary by location, making some providers more affordable than others. For example, UPC Insurance is the cheapest in most cities like Cary and Charlotte. However, in Greensboro and High Point, Heritage Insurance offers the lowest rates.
| Cary | UPC Insurance | $180 |
| Charlotte | UPC Insurance | $154 |
| Durham | UPC Insurance | $180 |
| Fayetteville | UPC Insurance | $231 |
| Greensboro | Heritage Insurance | $143 |
| High Point | Heritage Insurance | $143 |
| Raleigh | UPC Insurance | $180 |
| Wilmington | UPC Insurance | $955 |
| Winston-Salem | UPC Insurance | $155 |
*These rates are based on a house built in 2000 with a $1,000 deductible, $250,000 in dwelling coverage, $125,000 in personal property coverage, $200,000 in liability coverage and class 3 fire protection. The insured is assumed to have good credit and no claims in the past five years.
How to Find the Cheapest North Carolina Home Insurance for You
You can lower your home insurance costs in North Carolina with the right approach. Here are five ways to maximize savings on your policy.
- 1Determine your coverage needs
It's easy to get oversold on coverage when you don't have limits in mind before buying. Determine your home insurance coverage needs beforehand to avoid purchasing too much. Understanding the different types of home protection available helps ensure you don't miss something important.
- 2Research home insurance cost information
Explore home insurance costs in North Carolina to understand what rates are reasonable. Ask about discount programs; insurers rarely volunteer this information.
- 4Compare multiple companies apples to apples
Compare quotes from different companies for the same coverage amounts. Get quotes from multiple insurers using different methods to find your best rate.
- 5Use state-provided programs
If you have a high-risk profile and face coverage denials or unaffordable rates, North Carolina offers a state program through the North Carolina Joint Underwriting Association (NCJUA). This program provides coverage for those denied by traditional insurers, often at a lower cost than insurers willing to approve you.
Cheap Home Insurance North Carolina: Bottom Line
Auto-Owners, Heritage Insurance and Erie are North Carolina's most affordable home insurance options, regardless of your profile or home. If insurers deny you, state programs offer low-cost policies. Compare multiple companies, research costs and understand your coverage needs before you buy.
Cheapest Home Insurance North Carolina: FAQ
We answer frequently asked questions about the cheapest home insurance in North Carolina.
What is the cheapest home insurance company in North Carolina?
Auto-Owners Insurance offers the lowest rates for newer homes in North Carolina at $77 per month or $928 per year. However, homeowners with older properties or higher fire protection needs may find better rates with Auto-Owners Insurance.
How expensive is home insurance in North Carolina?
North Carolina has the 26th-highest home insurance rates in the U.S.
How much home insurance do I need?
Your home insurance should cover the full replacement cost of your home and reflect the worth of your possessions, along with specific local risks and priceless items.
While not legally necessary without a mortgage, once you have a mortgage, lenders require adequate dwelling insurance to replace your home in a total loss. Also, cover your personal property, factor in local hazards and insure any unique valuables.
How We Found the Cheapest Home Insurance Companies in North Carolina
To determine the cheapest home insurance companies in North Carolina, we assumed the following base profile:
- $250K dwelling coverage
- $125K personal property coverage
- $200K liability coverage
- Home built in 2000
- Frame construction
- Composition roof
- $1,000 all perils deductible
- No claims in the past 5+ years
- 3-class fire protection
All other combinations were adjusted based on this profile to provide a more accurate comparison for your specific situation. However, these figures are estimates, and we recommend comparing quotes from multiple providers to secure the best deal.
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.