North Carolina homeowners have a range of choices when seeking the best home insurance coverage. Our analysis indicates that Chubb and Erie stand out among the top-rated companies in the state.
We evaluated data from over 30 insurance providers in North Carolina to help you find the most suitable home insurance options. The following companies achieved a rating of 4.5 stars or higher in our assessment.
Please note: The rates provided are based on a sample homeowner profile with good credit, $300,000 in dwelling coverage, $300,000 in liability coverage, and a $1,000 deductible.
Important Consideration: Some insurance companies listed in this article may have adjusted their underwriting practices and might no longer be issuing new policies in your state. It is always best to check with providers directly for current availability.
*USAA homeowners’ policies are exclusively available to active military personnel, veterans, and their families.
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- More than 270 million rates analyzed by our team of specialists.
- Analysis of over 50 insurance companies across all 50 states, plus the District of Columbia.
Amica
Amica distinguishes itself with its outstanding customer service and a comprehensive suite of coverage options.
- Pros: High customer satisfaction ratings and few consumer complaints.
- Cons: While you can get your quote online, you have to purchase Amica over the phone.
Amica’s Platinum Choice package offers extra coverage, and the online claims process is simple and available for tracking.
Auto-Owners
Auto-Owners, with over a century in business, provides extensive options to customize your policy and save money on your home insurance.
- Pros: Has a large number of discount options, optional specialized coverage, and very few consumer complaints.
- Cons: Does not offer online quotes or claims submission.
Their homeowners policies include foundational coverage, with the option to add coverage for things like identity theft or the failure of major appliances, in addition to guaranteed replacement cost coverage.
Chubb
Chubb is tailored for owners of high-value homes and consistently receives fewer consumer complaints than expected for a company of its size.
- Pros: Notably fewer consumer complaints than expected and a large number of potential discounts.
- Cons: Most consumers cannot get a quote online and instead need to contact an agent directly.
Chubb policies include attractive features like expanded replacement cost coverage, ensuring that you can rebuild your home in the event of a disaster, irrespective of your dwelling limit.
Erie
Erie is ideal for homeowners who value working with an agent.
- Pros: Policies may include guaranteed replacement cost coverage & receives far fewer complaints than expected for a company of its size.
- Cons: No online quotes.
Erie provides guaranteed replacement cost coverage, which can be a significant advantage.
Allstate
Allstate is a widely accessible option across the U.S. and offers numerous ways to customize your home insurance policy.
- Pros: Offers many discounts to help you save money on home insurance, offers home-sharing coverage, and can be customized in many ways.
- Cons: Ranked below average in J.D. Power’s 2024 U.S. Home Insurance Study.
Allstate includes replacement cost coverage for your personal property and provides coverage for water damage caused by backed-up drains. You may be able to upgrade your policy with the Enhanced Package.
Auto Club Group (AAA)
Auto Club Group is one of the companies selling AAA-branded homeowners insurance policies. In addition to offering numerous coverage options and discounts, AAA membership includes roadside assistance.
Cincinnati Insurance
Cincinnati Insurance sells homeowners policies through independent agents. Discounts may apply for bundling home and auto insurance, having a newer home, or installing a centrally monitored alarm system.
Farmers
Those seeking policy add-ons like diminishing deductibles and claims forgiveness should consider Farmers.
Nationwide
For shoppers seeking a broad range of coverage options, Nationwide may fit the bill. Nationwide offers discounts and a free smart device to prevent electrical fires in many states, and their website offers lots of useful features and information.
State Farm
State Farm is a great choice for homeowners who prefer to work directly with a representative. The company has a wide network of agents. They also offer many discounts. One useful endorsement you may be able to add to a State Farm policy is inflation guard rider, which automatically increases your policy limits
Travelers
Travelers provides a strong online experience. They offer many coverage options, as well as decent discounts. A unique option is Travelers’ green home coverage
USAA
USAA offers homeowners insurance to veterans, active military members, and their families. The company’s homeowners insurance has certain features that other insurers may charge extra for. USAA automatically covers your personal belongings on a replacement cost basis.
Homeowners Insurance Costs in North Carolina
The average annual cost for home insurance in North Carolina is $2,490. This is 18% above the national average of $2,110.
In North Carolina, those with poor credit pay an average of $3,205 per year for home insurance, which is 29% more than those with good credit.
Risks for North Carolina Homeowners
It’s important to be aware of common risks specific to North Carolina homeowners, including:
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Hurricanes and Tropical Storms: Standard homeowners policies don’t always cover flood damage; a separate flood insurance policy is often needed.
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Tornadoes: While wind damage from tornadoes is typically covered, this coverage may be excluded near the coast.
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Winter Storms: Homeowners policies protect from various winter storm damage but require preventative home maintenance.
Frequently Asked Questions
- Is homeowners insurance mandatory in North Carolina? No, but mortgage lenders usually require coverage for the structure of the house.
- Why is home insurance so expensive in North Carolina? More hurricane landfalls and the increasing cost of rebuilding due to inflation and natural disasters.
- How can I lower my North Carolina homeowners insurance premium? Utilize all available discounts, shop around annually, and consider bundling policies.
Note: The methodology section and methodology information has been excluded to keep the output concise.
