The Best Homeowners Insurance in North Carolina

If you live along the coast, prepare to pay a lot more for coverage.
Aug 12, 2021

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North Carolina sees more hurricane landfalls than most U.S. states, which means the state’s homeowners — especially along the coast and Outer Banks — tend to pay more for insurance.

A NerdWallet analysis of 12 insurance companies in the state found homeowners in North Carolina pay an average of $1,812 per year for home insurance; that's over $200 above the national average of $1,585. Keep in mind, however, that these rates are estimates and depend on many different factors, so yours may vary.

Best homeowners insurance companies in North Carolina

Several of NerdWallet's Best Home Insurance Companies offer policies in North Carolina. Here they are, along with their average annual premiums:


NerdWallet rating

Average annual premium



NerdWallet rating 




NerdWallet rating 




NerdWallet rating 


*USAA homeowners insurance is available only to active military, veterans and their families.

You can customize your homeowners policy with numerous add-ons from these companies, but below are the types of coverage that generally come standard:

Type of coverage

What it does


Pays to repair or rebuild the structure of your home.

Other structures

Covers damage to unattached structures such as a shed or fence.

Personal property

Pays to repair or replace personal belongings such as furniture or clothing.

Additional living expenses

Pays for hotel stays, restaurant meals or other expenses if you have to live elsewhere while your home undergoes covered repairs.


Covers legal expenses and damages if you're responsible for injuries to other people or their property.

Medical payments

Covers injuries to guests in your home, regardless of fault.

Here's a little bit more about each company and the extras each offers.


Nationwide includes ordinance or law coverage as part of its standard homeowners insurance policy. That means if you need to bring your home up to current building codes as part of a claim, Nationwide pays some or all of the costs. Nationwide also covers up to $500 in unauthorized credit or debit charges as part of its standard policy.


Erie offers a variety of extra options you can add to a standard homeowners policy, including coverage for water backup, identity theft recovery and damage to underground service lines. The company draws fewer complaints than expected for a company of its size, according to the National Association of Insurance Commissioners.


If you're an active military member or a veteran, or are a family member of one, USAA offers several benefits that normally cost extra from other insurers. Identity theft coverage and replacement cost for damaged or stolen personal items are just two of the benefits available to policyholders in most states.

Cheapest homeowners insurance rates in North Carolina

NerdWallet looked at the rates from each insurer in all 856 ZIP codes in North Carolina to find the lowest home insurance premiums in the state. We found a statewide average annual premium of $1,812, but your rate may vary depending on where you live. The difference between the cheapest and most expensive rates in North Carolina was over $5,000 per year, with many of the higher premiums coming from the coast.

Here are the five cheapest homeowners insurance rates in North Carolina:


Average annual premium

North Carolina Farm Bureau


Lititz Mutual


Lighthouse Insurance


State Farm




And here's a look at all the available rates:

What to know about homeowners insurance in North Carolina

Here are a few things to keep in mind as you evaluate your options for home insurance in North Carolina:

  • You may need separate coverage for any wind damage. Homeowners insurance typically covers damage caused by wind, but in North Carolina you may pay a separate insurance deductible for any wind or hail damage. Depending on where you live, your insurer may decline to provide windstorm coverage as part of your homeowners insurance policy. Should that happen, you can purchase separate windstorm insurance, or if you're rejected by a private insurer, you can usually get coverage from the North Carolina Insurance Underwriting Association.

  • You should consider flood insurance. The National Flood Insurance Program has paid North Carolinians over $600 million to repair and rebuild their homes as a result of the devastation from 2018's Hurricane Florence. Flood damage is not typically covered by homeowners insurance, so you'll likely need a separate flood insurance policy. This is an especially good idea if you live along the coast or in an area prone to flooding.

  • Your rate will vary depending on where you live. North Carolina homeowners insurance tends to be much more expensive along the coast than it does as you move inland. To see the average rate where you live, here's a look at the county-by-county breakdown:

Looking for more insurance in North Carolina?


NerdWallet averaged rates for 40-year-old men and women from a variety of insurance companies in every ZIP code across the state. Sample homeowners were nonsmokers with good credit living in a single-family, two-story home built in 1971. They had a $1,000 deductible and the following coverage limits:

  • $300,000 in dwelling coverage.

  • $30,000 in other structures coverage.

  • $150,000 in personal property coverage.

  • $60,000 in loss of use coverage.

  • $300,000 in liability coverage.

These are sample rates generated through Quadrant Information Services. Your own rates will be different.

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