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Our North Carolina customers save nearly $700 on average when they bundle their home and auto insurance policies.
SelectQuote shops and compares home and auto insurance rates from dozens of our trusted carriers to find you the lowest price.
Home Insurance and Car Insurance in North Carolina
SelectQuote is here to help if you’re shopping for home or auto insurance in the Tar Heel state. Whether you’re a first-time homebuyer or driver trying to protect your investment or you’re simply shopping for a better insurance rate, let us do the hard work. Our technology allows us to compare rates at one time from the dozens of the highly rated insurance companies we partner with and quickly zero in on the policy that best fits your needs.Homeowners Insurance in North Carolina
Why do you need home insurance in North Carolina? Owning a home is a significant investment you want to ensure is protected. Nearly 66% of homes in North Carolina are owned by its population of 10.5 million people1 and according to Zillow, the average home value sits over 323,000.2SelectQuote sources home insurance quotes from dozens of companies at once to help you find affordable coverage that safeguards your home in case of an accident or catastrophe.
Before you shop for North Carolina home insurance, you’ll want to make a decision regarding an important policy distinction when it comes to rebuilding after a loss or claim: Cash value policies will pay your policy limit or the current cash value of your home (whichever is lower) minus depreciation. Replacement cost policies will pay the full replacement cost of your home. In practice, this means a home valued at $225,000 but costing $250,000 would require you to pay the remaining $25,000 with a cash value policy. If that doesn’t work for your budget, you should consider a replacement cost home insurance policy.
Homeowners Insurance Coverage Options in North Carolina
Most homeowners insurance policies in North Carolina will include most (if not all) of the following types of home insurance coverage:- Dwelling coverage is a standard policy that covers the actual physical structure of your home. If you have an attached garage or other structure, this will be covered as well.
- Personal property coverage works to cover your household belongings. If it’s inside or outside your home, it’s covered.
- Personal liability coverage protects you in the event someone is injured on your property and you’re found at fault. It also covers damage to another person’s property.
Common Causes of Loss in North Carolina
North Carolina residents can expect to encounter hurricanes and tropical storms each year, but those aren’t the only causes of loss in the state. Tornadoes, windstorms and hail are also big reasons Tar Heel state residents file insurance claims. The most common causes of loss in North Carolina include:- Hail and wind
- Theft and burglary
- Hurricane winds and flooding
- Fire and lightning damage
- Accidental injuries
Additional Coverage Options Recommended for North Carolina Homeowners
Whether you live along the Atlantic coast or inland near the Appalachian Mountains, you may want to consider buying additional coverage to supplement your basic home insurance policy. Commonly purchased optional home insurance coverage and endorsements includes:- Flood insurance: Flooding isn’t covered under most home insurance policies, but you can purchase additional flood insurance from the National Flood Insurance Program (NFIP) or a private insurer.
- Windstorm and hail insurance: Depending on what part of the state you call home, wind damage and hail might be excluded from your home insurance policy or require additional endorsements.
- Water backup insurance: Even if flooding isn’t an issue, you may want to buy water backup coverage in case your sump pump fails or water gets into your basement or crawlspace through cracks in the foundation.
Our Home Insurance Partners in North Carolina
SelectQuote works with dozens of trusted home and auto insurance companies in North Carolina to provide you with unbiased quotes for all levels of home insurance coverage. We compare rates from our home insurance partners and pass along the savings and quotes to you. This includes saving you hundreds of dollars each year by bundling your home and auto insurance together in one convenient policy.What is the average home insurance cost in North Carolina?
The average North Carolina home insurance premium for SelectQuote customers is $107.02.+ Your rate will vary based on several factors, including your home’s location, age and condition. Other details that can impact your rates include:- Your credit score
- Your claims history
- Your deductible
- Any applicable discounts
Homeowners Insurance Discounts in North Carolina
One great way to make insurance more affordable is to seek out applicable home insurance discounts. Some of the most common discounts available to North Carolina homeowners who want to save on their policy include:- Customer loyalty discounts
- Discounts for installing home security systems
- Discounts for new buildings
- New homeowner discounts
- Bundling home and auto insurance together
Bundle Your Home and Auto Insurance to Save Money
SelectQuote customers can save an average of $693 per year on bundled home and auto insuranceAverage Home and Auto Insurance Rates in North Carolina
Rates listed below represent real average monthly premiums paid by SelectQuote customers in select North Carolina cities.| City | Avg. Monthly Home Insurance Rate | Avg. Monthly Auto Insurance Rate | Avg. Monthly Rate of Bundled Policies |
| Cary | $114.64 | $99.56 | $225.29 |
| Charlotte | $109.23 | $150.12 | $206.20 |
| Concord | $77.61 | $107.08 | $168.71 |
| Fayetteville | $137.73 | $181.80 | $267.06 |
| Gastonia | $83.57 | $201.79 | $232.23 |
| Greensboro | $118.66 | $135.20 | $247.94 |
| Mooresville | $115.30 | $80.84 | $188.43 |
| Raleigh | $98.20 | $166.33 | $166.48 |
| Winston Salem | $94.83 | $146.28 | $204.18 |
Average monthly rates are from effective SelectQuote customer policies between 4/1/2022 and 3/31/2023.
Auto Insurance in North Carolina
Only seven states in the nation have more licensed drivers on the road than North Carolina, whose 7.7 million drivers3 share the state’s roadways from Charlotte to Murfreesboro. With just over 3.3 million cars on the road, that’s plenty of opportunity for accidents to happen. Auto insurance helps you avoid the high costs often associated with these types of collisions and their aftermath.North Carolina Auto Insurance Laws and Requirements
North Carolina requires all drivers to have basic personal auto insurance in the form of liability coverage and uninsured motorist coverage. This allows you to show that you can pay for damages that result from an accident you have caused. Liability and uninsured motorist coverage are only two types of auto insurance coverage. The major types of coverage available include:- Liability insurance pays for damages caused by you if the accident is your fault. It will also pay for medical bills incurred by the other driver or their passengers. North Carolina requires drivers to have $30,000 of coverage for injuries per person, up to $60,000 per accident. It also requires $25,000 of coverage for property damage. This coverage, known as 30/60/25 coverage, is the bare legal minimum for drivers.
- Uninsured/underinsured motorist coverage pays for medical expenses when the other driver is at fault and doesn’t have sufficient insurance coverage. North Carolina requires all drivers to carry $30,000 per person and $60,000 per accident for bodily injuries. For property damage, the limit is $25,000.
- Personal injury protection insurance can help pay for medical expenses or funeral expenses for you or your passengers.
- Collision coverage helps cover expenses for repairs or replacement for your vehicle if it is damaged in an accident.
- Comprehensive coverage can help pay for repairs or replacement for vehicles that are stolen or damaged by storms, vandalism or animals.
- Gap coverage pays the difference between what you owe on a vehicle and what it is worth in the event of an accident where it is totaled.All data on average expenditures is provided by the Insurance Information Institute.
| Types of Coverage | Minimum State Requires |
| Bodily Injury Liability | $30,000 per person / $60,000 per accident |
| Property Damage Liability | $25,000 |
| Uninsured Motorist | $30,000 per person, $60,000 per accident, $25,000 for property damage |
| Underinsured Motorist | Not required |
| Personal Injury Protection | Not required |
| Collision | Not required |
| Comprehensive | Not required |
| Gap Insurance | Not required |
North Carolina Teen Driving Laws
North Carolina requires all teens to have auto insurance, either on their own or as a listed driver on their parent or guardian’s policy. In order to drive, teenagers must obtain a graduated driver’s license from the state, which involves the following4:- Securing a learner’s permit at age 15 or older
- Obtaining a level two permit after 12 months, which allows for daytime driving without supervision
- Applying for a level three provisional license after six months of driving with a level two permit
North Carolina Car Registration Information
You must register your vehicle in North Carolina within 30 days of taking up residence in the state. The four steps for vehicle registration include:- Get a North Carolina driver’s license
- Pull necessary documents, including title or proof of ownership
- Provide proof of insurance coverage with minimum legal limits for coverage
- Pay any associated fees
What is the average car insurance cost in North Carolina?
The average car insurance policy in North Carolina costs $138.28 per month,+ although your own rates will vary based on your vehicle, ZIP code, driving record and other factors. Depending on the type of car you drive and whether it’s been purchased with cash or financed, you may need additional insurance coverage to satisfy your loan requirements.Our Auto Insurance Partners in North Carolina
SelectQuote partners with leading auto insurance companies to provide you access to detailed, competitive quotes for your car insurance coverage. Our technology allows us to shop several highly rated carriers at once in just minutes, and find auto insurance quotes that are tailored for you. Whether you need minimum legal coverage or a full coverage plan that offers near-total protection, we can help you compare rates and find the best coverage to suit your needs.Home and Auto Insurance Frequently Asked Questions
How do I shop for insurance in North Carolina?
The best way to shop for insurance in North Carolina is to work with a company who can help you save time and money with several comprehensive insurance quotes at once. SelectQuote offers unbiased recommendations and education to help you find the best deal on bundled home and auto coverage.
How do I shop for home insurance in North Carolina?
- Think about what kinds of coverage you need for your home, property and any detached structures on the premises. Take an inventory and keep this information handy for claims.
- Compare rates from several different insurance companies, paying close attention to deductibles, rates, named and unnamed perils and whether your policy is replacement cost versus actual cash value.
- Revisit your insurance coverage from time to time to make adjustments based on new discounts, additions, renovations and other changes. You may even find cheaper coverage elsewhere! Remember that you can re-shop quickly with SelectQuote.
How should I buy auto insurance in North Carolina?
- Consider the minimum legal insurance requirements to drive legally. You may want to buy insurance with a higher limit if that makes you more comfortable.
- Think about any lender requirements. If your car is financed, you will likely need a full coverage policy (comprehensive and collision coverage) as well as gap insurance.
- Ask yourself about any circumstances that could impact your coverage, such as previous accidents or teen drivers.
- Share relevant information with SelectQuote to compare rates from several companies at once. Get unbiased quotes and choose your insurance company.Don’t forget to bundle your coverage for discounts if possible!
- Revisit your coverage each year to make sure you’re not overpaying for coverage or underinsured.
Is North Carolina a no-fault state for auto accidents?
North Carolina is an at-fault state for auto accidents. The person found responsible for causing a car accident must pay damages to other drivers, passengers or property owners if repairs or medical treatment are needed.
Should I buy earthquake insurance in North Carolina?
Earthquakes are rare in North Carolina, but if you’re particularly concerned about them you can buy a separate earthquake insurance policy. Earthquakes are not covered under the typical home insurance policy.
What is the minimum car insurance in North Carolina?
North Carolina requires all drivers to carry liability coverage and uninsured motorist coverage with limits of 30/60/25. You may need to purchase additional insurance coverage based on your lender’s requirements.
SelectQuote Can Shop North Carolina Home or Auto Insurance to Help Save You Time and Money
From rate shoppers to first-time insurance needs, SelectQuote can help you find the affordable coverage you’re looking for. Let us do the legwork of shopping for your home and auto insurance coverage. We’re able to simultaneously compare rates from several insurance companies to deliver you unbiased recommendations based on your specific needs.Sources1. https://www.census.gov/2. https://www.zillow.com/nc/home-values/3. https://www.statista.com4. https://www.ncdot.gov+Average rates calculated are based on effective SelectQuote customer policies in North Carolina between 4/1/2022 and 3/31/2023. Rates will vary based on level of coverage, location, age, and additional determining factors.
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