North Carolina homeowners insurance cost
South region · NAIC 2022 HO-3 average · rank #19 of 51
The average annual homeowners insurance premium in North Carolina is about $1,621 for the standard HO-3 policy form (NAIC 2022 data, the latest available) — about 3% above the national average of $1,569. North Carolina ranks #19 of 51 states and DC (1 = most expensive), making it near average on home-insurance cost, close to the national average. The main local cost drivers are hurricanes (coast), severe storms, hail. This is a countrywide average, not a quote for your home.
Source: NAIC Homeowners Insurance Report (2022 data, latest available). Data as of June 2026.
North Carolina home insurance at a glance
| Figure | North Carolina |
|---|---|
| Average annual HO-3 premium | $1,621 |
| National average (HO-3) | $1,569 |
| vs national average | 3% (about 3% above the national average) |
| State rank (1 = most expensive of 51) | #19 |
| Cost band | Near average (close to the national average) |
| Region | South |
Source: NAIC Homeowners Insurance Report (2022 data, latest available). Data as of June 2026.
What drives home insurance cost in North Carolina
A homeowners premium mostly reflects how likely and how expensive a claim is. In North Carolina, the main factors behind the $1,621 average are:
- hurricanes (coast)
- severe storms
- hail
On top of these location factors, your own premium swings with your home's rebuilding cost (Coverage A), roof age and material, deductible, claims history and, in most states, your insurance credit score. See our premium drivers guide for how each one moves the price.
Estimated North Carolina premium by dwelling coverage
A rough idea of how the North Carolina average scales with the amount of dwelling (Coverage A) you carry. These are illustrative estimates from the state average scaled by a coverage factor — not quotes.
| Dwelling coverage (Coverage A) | Estimated annual premium |
|---|---|
| $200,000 to $299,999 | $1,621 |
| $300,000 to $399,999 | $2,075 |
| $400,000 to $499,999 | $2,529 |
| $500,000 and over | $3,242 |
Source: Estimated from the NAIC 2022 North Carolina average and a coverage-scaling factor. Data as of June 2026.
For a tailored figure use the premium estimator. The scaling factors are an approximation documented on the methodology page, not published NAIC band data.
How North Carolina compares with similar states
| State | Avg HO-3 / yr | vs national |
|---|---|---|
| North Carolina (this state) | $1,621 | 3% |
| New York | $1,628 | 4% |
| Montana | $1,639 | 4% |
| Wyoming | $1,596 | 2% |
| Georgia | $1,655 | 5% |
| Kansas | $1,583 | 1% |
Frequently asked questions
How much is homeowners insurance in North Carolina?
The average annual homeowners (HO-3) premium in North Carolina is about $1,621, about 3% above the national average of $1,569 (NAIC 2022 data, the latest available). It ranks #19 of 51 states and DC, where 1 is the most expensive. This is a countrywide average, not a quote for your home.
Why is home insurance priced the way it is in North Carolina?
North Carolina's premiums are shaped mainly by hurricanes (coast), severe storms, hail. Catastrophe exposure (wind, hail, wildfire), rebuilding costs and claims history are the biggest levers on a homeowners premium. North Carolina is near average versus the national average, close to the national average.
Is North Carolina home insurance going up?
Yes, like most of the country. NAIC's latest report shows the national HO-3 average rose about 11.26% in 2022 year-over-year, driven by reconstruction-cost inflation and rising catastrophe losses. 2022 is the latest published data year, so current North Carolina premiums are likely higher than the figure shown. Verify with insurers.
Is the $1,621 figure a quote?
No. $1,621 is the NAIC 2022 countrywide average HO-3 premium for North Carolina - an average across all homes and insurers, not a quote for your property. Your actual premium depends on your home's value, age, construction, roof, deductible, claims history, credit and insurer. Always get real quotes.
Keep exploring
YMYL note. The $1,621 figure is the NAIC 2022 countrywide average for North Carolina - general information, not a quote. Homeowners insurance protects one of your largest assets; actual premiums vary widely by home and insurer. Always get real quotes from licensed insurers and verify coverage with your state insurance department.
Last updated: 2026-06-20