How to Find the Best Homeowners Insurance in NC
Known for its hiking, beaches and food, North Carolina offers something for everyone. It’s no wonder that The Tar Heel State had the fourth largest population gain from 2010 to 2018.
2 However, homeowners in North Carolina do face challenges. From the mountain town of Asheville to the capital city of Raleigh, residents can experience snow or heavy rain with the changing seasons. That’s why it’s important to have the right homeowners insurance to help protect your home. To get the best homeowners insurance in NC, look for a home insurance company that puts your needs first.
The
AARP® Homeowners Insurance Program from The Hartford can help protect your North Carolina home from different risks, such as:
1
- Theft
- Fire
- Lightning
- Water damage from a leak
We make it easy to
get a quote and customize your policy to meet your unique needs. Our specialists are here to work with you every step of the way.
Types of North Carolina Homeowners Insurance
Dwelling coverage to help protect your North Carolina home and the structures attached to it.
Personal liability coverage can help with expenses if you’re found responsible for another person’s injuries or damage to their property. It also helps pay for your legal defense if someone sues you for damages.
Medical payments coverage can help pay for someone’s treatment if they get hurt on your property.3
Loss of use coverage can help pay your living expenses if you need to relocate while your home is under repair.
Additional North Carolina Homeowners Insurance Coverages
Equipment breakdown coverage pay to repair or replace your appliances if they break down from a covered loss. This optional coverage also helps pay for “green” upgrades. It pays up to 125% of your cost to replace any covered equipment with items that are similar, but more energy efficient or environmentally friendly. This does not include coverage for normal wear and tear.
Additional Limits coverage helps protect you when your dwelling coverage limit isn’t enough to rebuild your home after a total loss. It provides extra coverage up to 125% of your coverage limits. In most areas, up to 150% is also available.
Valuable items blanket coverage provides extra protection for your valuables. Your homeowners insurance policy caps coverage for theft of jewelry at $1,500. This coverage can increase the limit to $10,000 per item and also helps cover lost or damaged items..
What Is the Average Cost of Homeowners Insurance in North Carolina?
According to the Insurance Information Institute, the average cost of homeowners insurance in North Carolina is $1,193. The national average is $1,272, and North Carolina was the 26th most expensive state for
home insurance rates.
3
Factors Impacting the Average Homeowners Insurance NC Rates
It’s important to remember that home insurance companies look at different factors when determining your policy cost. These can include your home’s:
- Location
- Size
- Age
- Claims history
Because each home is unique, homeowners have different insurance rates in North Carolina. Find out your specific cost by calling our representatives at
888-413-8970.
Discounts on Home Insurance in North Carolina
Home Security Discount
Installing devices in your North Carolina home, like a fire sprinkler or home
security system, can help lower your insurance cost.
Home and Auto Bundle
If you get your car and home insurance through The Hartford, you may qualify for a bundle discount.5
Common Questions About Home Insurance in North Carolina
Is It Illegal Not To Have Homeowners Insurance in NC?
Unlike
car insurance, you aren’t required to carry homeowners insurance in North Carolina. However, if you finance your home with a mortgage, your lender will likely require you to have home insurance.
What Doesn’t Homeowners Insurance in North Carolina Cover?
Be aware that homeowners insurance in North Carolina doesn’t cover flood damage or claims related to:
- Earthquakes
- Landslides
- Mudslides
If you want to add more coverage to your policy to protect against these kinds of damages, work with your local insurance agency or one of our specialists.
Is Windstorm and Hail Insurance Available in North Carolina?
Check your current home insurance policy to see if it covers wind and hail damage. If it doesn’t, you’ll have to get a separate policy to cover this type of damage. The North Carolina Insurance Underwriting Association typically writes these separate policies.
6
Get a Quote for Homeowners Insurance NC Today
When it comes to protecting your home in North Carolina, it’s important to work with an insurance company you can rely on. Not all homeowners insurance companies are the same. Our specialists can help you every step of the way. Whether it’s to get the right coverage options for your North Carolina home insurance needs or to
file a claim, we’re here for you.
Last Updated: June 16, 2023
2 NC Department of Transportation, “Population Trends in North Carolina & Implications for Transportation”
3 Medical payments are calculated on the basis of usual, customary, and reasonable charges.
4 Insurance Information Institute (III), “Facts + Statistics: Homeowners and renters insurance”
5 Automobile/Homeowners discount is available only to policyholders who have both their auto and home (or condo or renters) insurance through the AARP® Auto & Home Insurance Programs from The Hartford. The homeowners product is not available in all areas, including the state of Florida
6 North Carolina Department of Insurance, “Windstorm and Hail”
Additional disclosures below.