Chapel Hill Insurance Rates:

Chapel Hill, NC home insurance is approximately $563 to $767, about $46-$63/month. Our thorough guide indicates shoppers can save upto $266 by comparing many quotes

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Read Chapel Hill, North Carolina Homeowners Insurance Reviews & compare quotes to find the best & cheapest home insurance provider.

Chapel Hill Home Owner Insurance Quotes | Write a Review | Rates & Quotes Analysis
Liberty Mutual
Home Insurance Rate of $960/5 months for $400000-$500000 Coverage
Policy Holder Home Details :

Home Value : $395,000

4 Beds, 4 Bath 2230 sqft Primary Residence Constructed In 1986 with Carpet Flooring, Shingles Roof, Chainwall Foundation, Fiber-Cement Siding, Stucco Construction. Home Features Include Fireplace, Copper Water Pipes, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

54 Years old Single Female who has a Part Time Job with household income of less than $25,000 and has 3 Pets and is a Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • Up to 499 Credit Score

  • Seniors staying at home

Home Insurance Rate of $970/9 months for $250000-$300000 Coverage
Policy Holder Home Details :

Home Value : $315,000

4 Beds, 4 Baths 2050 sqft Primary Residence Constructed In 1986 with Carpet Flooring, Shingles Roof, Piers Foundation, Vinyl siding, Wood Frame. Home Features Include Fireplace, Smoke Alarm, Copper Water Pipes, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

49 Years old Divorced Male who is a Freelancer with household income of $100-$150,000 and has More than 3 Pets at home and is a Non-Smoker

Additional Details :
  • 0-25% through paying our mortgage

  • Up to 499 Credit Score

Home Insurance Rate of $640/4 months for $300000-$350000 Coverage
Policy Holder Home Details :

Home Value : $300,000

4 Beds, 4 Baths 1830 sqft Primary Residence Constructed In 1996 with Ceramic Tile Flooring, Slate Shingles Roof, Piers Foundation, Wood siding, Metal Frame Construction. Home Features Include Central Air Conditioning, Fireplace, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

40 Years old Married Male who is a Freelancer with household income of less than $25,000 and has 3 Pets and is a Smoker

Additional Details :
  • 0-25% through paying our mortgage

  • 500-549 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $480/3 months for $400000-$500000 Coverage
Policy Holder Home Details :

Home Value : $390,000

3 Beds, 3 Bath 1810 sqft Seasonal Residence Constructed In 2004 with Wood Flooring, Composition Roof, Piers Foundation, Stone Siding, Metal Frame Construction. Home Features Include Indoor Sprinklers, Smoke Alarm, Fire Extinguisher, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

31 Years old Married Female who is Unemployed and has 1 Pet and is a Non-Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • Up to 499 Credit Score

Home Insurance Rate of $250/4 months for $175000-$200000 Coverage
Policy Holder Home Details :

Home Value : $170,000

2 Beds, 2 Bath 1050 sqft Rental Property Constructed In 2010 with Carpet Flooring, Membrane Roof, Piers Foundation, Wood siding, Metal Frame Construction. Home Features Include Swimming Pool, Indoor Sprinklers, Deadbolt Locks, Central Air Conditioning, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

31 Years old Divorced Male who has a Full Time Job with household income of $75-$100,000 and has More than 3 Pets at home and is a Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 750-799 Credit Score

  • Guests at home

Home Insurance Rate of $510/7 months for $175000-$200000 Coverage
Policy Holder Home Details :

Home Value : $180,000

2 Beds, 2 Bath 1040 sqft Rental Property Constructed In 1996 with Stone Flooring, Asphalt Shingles Roof, Crawl Space Foundation, Brick siding, Brick Frame. Home Features Include Fireplace, Smoke Alarm, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

49 Years old Single Female who has a Full Time Job with household income of less than $25,000 and has More than 3 Pets at home and is a Smoker

Additional Details :
  • 0-25% through paying our mortgage

  • 800-850 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $1100/8 months for $400000-$500000 Coverage
Policy Holder Home Details :

Home Value : $445,000

3 Beds, 3 Bath 2240 sqft Primary Residence Constructed In 2011 with Hardwood Flooring, Slate Shingles Roof, Crawl Space Foundation, Brick siding, Metal Frame Construction. Home Features Include Fireplace, Indoor Sprinklers, Swimming Pool, Central Air Conditioning, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

42 Years old Married Female who has a Part Time Job with household income of $25-50,000 and has More than 3 Pets at home and is a Non-Smoker

Additional Details :
  • 0-25% through paying our mortgage

  • Up to 499 Credit Score

  • Guests at home

Home Insurance Rate of $630/9 months for $350000-$400000 Coverage
Policy Holder Home Details :

Home Value : $410,000

4 Beds, 4 Baths 2600 sqft Seasonal Residence Constructed In 1971 with Hardwood Flooring, Composition Roof, Crawl Space Foundation, Wood siding, Wood Frame. Home Features Include Deadbolt Locks, Indoor Sprinklers, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

23 Years old Single Female who has a Full Time Job with household income of more than $150,000 and has 1 Pet and is a Non-Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 650-699 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $390/3 months for $300000-$350000 Coverage
Policy Holder Home Details :

Home Value : $325,000

2 Beds, 2 Bath 1620 sqft Rental Property Constructed In 1982 with Carpet Flooring, Wood Shake Roof, Piers Foundation, Stone Siding, Stucco Construction. Home Features Include Deadbolt Locks, Fire Extinguisher, Smoke Alarm, Swimming Pool, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

68 Years old Divorced Male who has a Part Time Job with household income of less than $25,000 and has More than 3 Pets at home and is a Non-Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 600-649 Credit Score

Home Insurance Rate of $2470/7 months for $600,000-$700,000 Coverage
Policy Holder Home Details :

Home Value : $470,000

4 Beds, 4 Baths 2794 sqft Rental Property Constructed In 1996 with Linoleum, Asphalt Shingles Roof, Crawl Space Foundation, Wood siding, Brick Frame. Home Features Include Smoke Alarm, Central Air Conditioning, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

47 Years old Married Male who is a Freelancer with household income of $50-$75,000 and has No Pets and is a Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • Up to 499 Credit Score

Chapel Hill, NC Home Insurance by Zip Code

Zip Code Median Home Value Median Homeowners Insurance
27514 $394,100 $690
27516 $340,000 $670

Chapel Hill Rates & Quotes Analysis:

Chapel Hill Area Estimated House Insurance
Sunset Dr, Chicory Ln, Dry Creek Rd, Beringer Pl, Thunder Mountain, Mt Moriah Rd, Morrow Mill Rd, S Fields Cir, W Weaver St, Patriot Pl$689
Mason Farm Pl, Woodlot Ridge Rd, Highgrove Dr, Valley Creek Dr, Sterling Bridge Rd, State Rd 1125, State Rd 1177, Millhouse Rd, Teagan Ct, Sugarberry Rd$662
Hampton Ct, Wheelwright Cmn, Houston Rd, Hogan Ridge Ct, Chip Ln, Lindsay St, State Rd 1882, Angel Way, Autumn Dr, Arnolds Woods Rd$655
Parkside Ct, Songbird Ln, Calderon Dr, Amity Ln, Rippy Ln, Toynbee Pl, Old Larkspur Way, State Rd 1734, Bradley Rd, Indian Trail Rd$666
Stallings Rd, Clarence Walters Rd, Laura May Ln, S Peak Dr, Roosevelt Dr, Maywood Way, Weaver Dairy Rd, State Rd 1730, Scotsburg Trl, Gracewood Pl$663
Old Autumnwood Dr, State Rd 1714, Birch Cir, Channing Ln, Grainger Ln, State Rd 1967, Marion Way, Lakeshore Ct, Dodsons Cross Rd, State Rd 1950$643
Arbor Ln, N Estes Dr, Mimosa Dr, Hollow Oaks Rd, Phil's Ridge Rd, Craborchard Pl, Drayton Ct, Hotelling Ct, Cobb St, Smith Ave$669
Morgan Hill Ct, N Merritt Mill Rd, Brookview Dr, Whistling Tree Ct, McDade St, Patriot's Pointe Dr, Chestnut Rd, Westwood Dr, Winterberry Dr, Pathway Dr$668
Ivy Ct, Cedar St, Creekside Ln, Edwards Dr, State Rd 1943, Slimelmore Ln, State Rd 2043, Twin Mountain Rd, State Rd 1127, Fountain Ridge Rd$644
Cane Valley Ln, Lucy Ln, State Rd 1105, Autumn Ln, Beaver Dam Ct, New Hope Springs Dr, Halifax Rd, Woodbine Dr, Cottonwood Ct, Bolin Creek Dr$656

Insurance rates are influenced by a number of factors including:

  • Year Built: 6,092 Homes (16% of total homes ) built between 1970 to 1979 in Chapel Hill are paying home insurance between $1,080-$1,090. Places close to Chapel Hill, NC such as Bartons Creek, Virgilina(VA), Cluster Springs(VA) are more expensive by $41, $57, $48 respectively while Bingham and Orange County are cheaper by $62 and $48 respectively for similar homes.
  • Bedrooms: 6,924 4 bedrooms homes (19% of total homes ) in Chapel Hill are paying about $805. Areas near to Chapel Hill such as whereas Carrboro and Bingham are more economical by $6, $46 respectively for similar homes.
  • Auto Insurance Bundling: 8,164 Households (47% of all households) in Chapel Hill have 2 vehicles available and when it is bundled with home insurance you can save $133. Discounts for similar bundling in close by locations such as Carrboro, Bingham, Orange County come to $132, $125, $127 respectively.
  • Senior Discounts: 7,824 seniors (more than 55 years) occupied housing units (45% of total) in Chapel Hill get discounts between $99 to $102. The comparative concessions in proximate regions such as Carrboro, Bingham and Orange County are $99, $94 and $95 respectively.
  • New Homes discounts: New homes such as the 15,043 homes built between 2000 to 2009 in Chapel Hill can save $133 and similar new home insurance discounts in nearby towns and cities like Carrboro, Bingham and Orange County are $132, $125 and $127 respectively.

Chapel Hill Homeowners insurance Facts

  • Chapel Hill, NC has 17,028 owner occupied houses which is 51.3% of all units whereas Carrboro, Bingham and Orange County have 35.3%, 82.08% and 60.01% respectively.
  • Chapel Hill, NC homeowners yearly insurance price at $666 is 0.18% of the typical house value of $361,300 which is in contrast with 0.19% in Carrboro, 0.26% at Bingham & 0.23% in Orange County.
  • Homeowners in Chapel Hill, NC pay 1.16% of their income ($45,000 to $49,999) in insurance whereas homeowners in Carrboro, Bingham and Orange County pay 1.15%, 1.09% and 1.11% respectively.
  • Chapel Hill, NC’s insurance is 2.5% of monthly housing costs of $2,219/month, for owners with a mortgage compared to 2.48% in Carrboro, 3.15% at Bingham & 2.88% in Orange County. But, for households without a mortgage, insurance is 8.2% of costs ($677 in Chapel Hill, NC) in contrast with 8.3% in Carrboro, 12.58% at Bingham & 10.35% in Orange County.

Chapel Hill, NC Home Values & Insurance rates

For example, insurance for 699 Homes (7.0% of total homes ) valued between Less than $50,000 in Chapel Hill, NC is about $39.

Chapel Hill, NC Home By Value Total Homes % of Total Average Homeowners Insurance
Less than $50,000 699 7.0% $39
$100,000 to $124,999 458 4.0% $199
$125,000 to $149,999 447 4.0% $253
$150,000 to $174,999 829 8.0% $293
$175,000 to $199,999 570 5.0% $339
$200,000 to $249,999 1,599 16.0% $412
$250,000 to $299,999 1,462 14.0% $506
$300,000 to $399,999 3,566 36.0% $639

Renters Insurance in Chapel Hill

  • Average Renters Insurance in Chapel Hill :  $8($0/month)

  • Median Gross Rent in Chapel Hill :  $863

  • Average household size of renter-occupied unit :  2.11

Chapel Hill Renters Insurance as a Percentage of Rent

Chapel Hill Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
$200 to $299 195 1.0% $752
$300 to $499 589 3.0% $1202
$500 to $749 4,024 25.0% $1877
$750 to $999 5,824 36.0% $2627
$1,000 to $1,499 3,304 20.0% $3752
$1,500 or more 1,686 10.0% $5402

Rent Affordability in Chapel Hill:

Approximately 50.0% (8,189) of households are spending more than 35% of their income on gross rent in Chapel Hill

Occupied units paying gross rent Total Households % of Total
Less than 15.0 percent 1,502 9.0%
15.0 to 19.9 percent 1,557 9.0%
20.0 to 24.9 percent 1,998 12.0%
25.0 to 29.9 percent 1,866 11.0%
30.0 to 34.9 percent 1,077 6.0%
35.0 percent or more 8,189 50.0%

Chapel Hill Renters Insurance Discounts:

Chapel Hill Renters Insurance Discounts by Number of Vehicles in Renter Occupied Housing Units

Number of Vehicles in Chapel Hill, NC Number of Housing Units % of Total Renters Insurance Insurance Savings by Bundling Auto Insurance
1 vehicle available 8,163 50.0% $0.8
2 vehicles available 3,903 24.0% $1.2
3 or more vehicles available 1,401 8.0% $1.6

Protective device discount in Chapel Hill Up to :  $1

Claims-free discount in Chapel Hill Up to :  $1