North Carolina home insurance

Every figure below is sourced and dated. Estimates only — not quotes, and not offers of coverage.

Home insurance premium estimator

What homeowners insurance costs in your state, and whether what you pay is out of line.

Is your dwelling coverage actually enough to rebuild — and what a shortfall costs at claim time.

What a higher deductible really saves, how long it takes to pay off, and what a storm deductible actually costs.

Did your renewal go up more than premiums did across your state — and what to do about it.

All six limits on your policy against what the standard form and regulators say to expect — including the liability limit nobody looks at.

Average premium: $3,634/ yr; At $300,000 of dwelling coverage.
Standard deductible: $1,000; Applies to everyday claims.
Storm deductible — separate, and much larger: $6,000(2% of coverage); What you would pay out of pocket on $300,000 of coverage before a storm claim pays anything — not the $1,000 above.
Insurer of last resort: North Carolina Joint Underwriting Association (FAIR Plan) and North Carolina Insurance Underwriting Association (Beach Plan); North Carolina runs TWO residual-market entities under shared administration, and the distinction is the one coastal owners get wrong. The NCJUA is the FAIR Plan: full-peril dwelling and commercial fire coverage available anywhere in the state EXCEPT the beach area (defined as North Carolina south and east of the Intracoastal Waterway, including the Outer Banks). The NCIUA is the Beach Plan, formally the Coastal Property Insurance Pool: it writes windstorm-and-hail coverage, plus some full homeowners coverage, only for property in the eligible coastal counties -- Brunswick, Carteret, Currituck, Dare, Hyde, New Hanover, Onslow, Pamlico and Pender among them. The Beach Plan is wind-only in its most common form: it does not cover fire, theft, water damage or flood. Many coastal homeowners consequently carry a private or NCJUA policy for everything except wind and an NCIUA policy for wind, which is why a hurricane claim on the North Carolina coast routinely involves two carriers.