Charlotte Insurance Rates:

Charlotte, NC home insurance is about $515 to $696, about $42-$58/month. Our all inclusive research reveals consumers can save upto $242 by comparing different quotes

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Charlotte Home Owner Insurance Quotes | Write a Review | Rates & Quotes Analysis
Liberty Mutual
Home Insurance Rate of $380/4 months for $200000-$250000 Coverage
Policy Holder Home Details :

Home Value : $240,000

4 Beds, 4 Baths 2180 sqft Seasonal Residence Constructed In 1974 with Carpet Flooring, Asphalt Shingles Roof, Crawl Space Foundation, Stone Siding, Metal Frame Construction. Home Features Include Deadbolt Locks, Smoke Alarm, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

59 Years old Married Female 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 :
  • 25-50% Mortgage Paid off

  • 550-599 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $240/6 months for $125000-$150000 Coverage
Policy Holder Home Details :

Home Value : $135,000

3 Beds, 3 Baths 1220 sqft Rental Property Constructed In 1991 with Carpet over wood flooring, Composition Roof, Chainwall Foundation, Brick siding, Brick Frame. Home Features Include Fire Extinguisher, Copper Water Pipes, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

67 Years old Married Male who has a Part Time Job with household income of less than $25,000 and has 1 Pet and is a Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 650-699 Credit Score

  • Seniors staying at home

Home Insurance Rate of $1120/6 months for $350000-$400000 Coverage
Policy Holder Home Details :

Home Value : $305,000

4 Beds, 4 Baths 2750 sqft Primary Residence Constructed In 2003 with Ceramic Tile Flooring, Shingles Roof, Crawl Space Foundation, Fiber-Cement Siding, Metal Frame Construction. Home Features Include Fire Extinguisher, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

39 Years old Divorced Female who is a Freelancer with household income of more than $150,000 and has 3 Pets and is a Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • Up to 499 Credit Score

  • Seniors staying at home

Home Insurance Rate of $500/9 months for $150,000-$175,000 Coverage
Policy Holder Home Details :

Home Value : $195,000

1 Bed, 1 Bath 908 sqft Primary Residence Constructed In 1984 with Ceramic Tile Flooring, Composition Roof, Slab Foundation, Wood siding, Metal Frame Construction. Home Features Include Deadbolt Locks, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

24 Years old Divorced Female who has a Part Time Job with household income of less than $25,000 and has 1 Pet and is a Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 800-850 Credit Score

Home Insurance Rate of $240/3 months for $300,000 Coverage
We live near Stonehaven in a 4 bedroom 3000 sft home. All our interiors such as cabinetry, new granite, SS appliances, wine bar, designer tile backsplash, gas cooktop & hood vent are new. In addition, we have a new roof, windows, tankless water heater, exterior & interior paint. Hardwood floors throughout. 2 car garage.
Recently moved to Charlotte for a job at the hospital. Non-smoker. Wife also works. Make more than $150,000 together.
Home Insurance Rate of $588/12 months for $150,000 Coverage
When we bought the house it had a tile roof with vinyl siding & with wood frame construction. We have made renovations and added a few guest rooms.
We have a fairly benign breed of dogs. Our insurance agent tell us that this breed does not cause our insurance to increase much.

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Charlotte Rates & Quotes Analysis:

Charlotte Area Estimated House Insurance
Demeter Ln, Lynway Dr, Pathenon Ct, Bremerton Ct, Danforth Ln, Lobilia Ln, Dunleigh Dr, Watersreach Ln, Carnfeld Ln, Patriots Point Ln$579
Goosedown Ct, Elm Bend Dr, Commons Crossing Dr, Home Pl, Fairway Point Dr, Lago Vista Ct, Ballantyne Corporate Pl, Carnoustie Ln, Deherradora Ave, Whistling Oak Ct$637
Regal Oaks Dr, Chippendale Rd, Perkins Rd, Granville Rd, State Rd 2649, State Rd 3137, Fernstone Cir, Harness Ln, Calabassas Ln, Nikki Cole Dr$586
E 12th St, Gaynelle Dr, Valleymoon Ln, Levins Hall Rd, W 11th St, Cherokee Rd, State Rd 3437, Hampton Heritage Dr, Clarencefield Dr, Austine Locke Way$622
Trembeth Dr, Antlers Ln, Parham Pl, Emstead Ct, Redbud St, Galax Dr, Red Bluff Ct, Seymour Dr, Markworth Ave, Gaelic Pl$595
Sylvia Ct, State Rd 2801, Kensington Gardens Ct, Glencairn Ct, Hugue Way, Ballanvilla Dr, Plainwood Dr, Nealwood Ln, Ingleside Dr, Wolf Trap Ct$637
Cheval Pl, Battery Pl, State Rd 2548, Glasgow Rd, Elon St, Colwick Rd, Log Cabin Rd, S Cloudman St, Wilkinson Blvd, Old Meadow Rd$574
Insley Ct, State Rd 3897, Shiro Ct, Holbert Cir, State Rd 2544, Brentford Dr, State Rd 2601, Chamberlain Ave, Liberty Hall Pl, Gallison Ave$585
Galena View Dr, Ashton Dr, Knob Oak Ln, Volusia Ct, Jewelflower Rd, Richland Dr, State Rd 3534, Thornhaven Ct, Delman Ln, Armory Dr$604
Plott Rd, Kirkley View Ct, By-Way Rd, Michael Dr, Bending Branch Rd, Trailwater Rd, Witney Ln, Snow Creek Ln, Hickory View Ln, Elkston Dr$596

Insurance rates are influenced by a number of factors including:

  • Year Built: 50,928 Homes (15% of total homes ) built between 1980 to 1989 in Charlotte are paying home insurance between $903-$912. Places close to Charlotte, NC such as Matthews, Mint Hill, Stallings are more expensive by $22, $20, $17 respectively while Mount Holly and Hemby Bridge are cheaper by $12 and $19 respectively for similar homes.
  • Bedrooms: 86,299 2 bedrooms homes (27% of total homes ) in Charlotte are paying about $370. Areas near to Charlotte such as Matthews, Mint Hill, Stallings are costlier by $9, $8, $7 respectively whereas Pineville and Belmont are more economical by $4, $3 respectively for similar homes.
  • Auto Insurance Bundling: 34,606 Households (20% of all households) in Charlotte have 3 or more vehicles available and when it is bundled with home insurance you can save $151 and differs from Mecklenburg County ($152), Pineville ($150), Matthews ($155).
  • Senior Discounts: 61,895 seniors (more than 55 years) occupied housing units (36% of total) in Charlotte get discounts between $90 to $92 in contrast with Mecklenburg County ($91), Pineville ($90), Matthews ($93).
  • New Homes discounts: New homes such as the 172,437 homes built between 2000 to 2009 in Charlotte can save $121 and varies from Mecklenburg County ($121), Pineville ($120), Matthews ($124).

Charlotte Homeowners insurance Facts

  • Charlotte, NC has 168,311 owner occupied houses which is 57.6% of all units whereas Mecklenburg County, Pineville and Matthews have 60.83%, 32.49% and 74.59% respectively.
  • Charlotte, NC homeowners yearly insurance price at $605 is 0.35% of the typical house value of $173,200 which is in contrast with 0.33% in Mecklenburg County, 0.38% at Pineville & 0.28% in Matthews.
  • Homeowners in Charlotte, NC pay 2.69% of their income ($20,000 to $24,999) in insurance whereas homeowners in Mecklenburg County, Pineville and Matthews pay 2.71%, 2.67% and 2.76% respectively.
  • Charlotte, NC’s insurance is 3.5% of monthly housing costs of $1,451/month, for owners with a mortgage compared to 3.41% in Mecklenburg County, 3.91% at Pineville & 3.34% in Matthews. But, for households without a mortgage, insurance is 11.0% of costs ($459 in Charlotte, NC) in contrast with 11.2% in Mecklenburg County, 11.47% at Pineville & 11.46% in Matthews.

Charlotte, NC Home Values & Insurance rates

For example, insurance for 19,409 Homes (13.0% of total homes ) valued between $150,000 to $174,999 in Charlotte, NC is about $562. Rates in nearby areas in such as Mecklenburg County, Matthews, Mint Hill are cheaper by $33, $110, $104 respectively while Pineville and Belmont are costlier by $62 and $32 respectively for similar homes.

Charlotte, NC Home By Value Total Homes % of Total Average Homeowners Insurance
Less than $50,000 4,415 3.0% $84
$50,000 to $59,999 1,505 1.0% $181
$60,000 to $69,999 2,579 1.0% $223
$70,000 to $79,999 3,849 2.0% $260
$80,000 to $89,999 5,951 4.0% $296
$90,000 to $99,999 7,241 5.0% $326
$100,000 to $124,999 20,042 13.0% $381
$125,000 to $149,999 20,589 14.0% $477
$150,000 to $174,999 19,409 13.0% $562
$175,000 to $199,999 12,971 9.0% $653
$200,000 to $249,999 17,460 12.0% $786
$250,000 to $299,999 12,925 8.0% $961
$300,000 to $399,999 15,034 10.0% $1222

Renters Insurance in Charlotte

  • Average Renters Insurance in Charlotte :  $99($8/month)

  • Median Gross Rent in Charlotte :  $868

  • Charlotte Renters Insurance to Median Rent Ratio:  0.92%

  • Renter occupied housing units in Charlotte :  123,839

Charlotte Renters Insurance as a Percentage of Rent

Charlotte Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
Less than $200 1,576 1.0% $324
$200 to $299 1,800 1.0% $774
$300 to $499 4,506 3.0% $1224
$500 to $749 31,366 25.0% $1899
$750 to $999 41,820 34.0% $2649
$1,000 to $1,499 32,164 26.0% $3774
$1,500 or more 7,811 6.0% $5424

Rent Affordability in Charlotte:

Approximately 43.0% (53,307) of households are spending more than 35% of their income on gross rent in Charlotte

Occupied units paying gross rent Total Households % of Total
Less than 15.0 percent 15,316 12.0%
15.0 to 19.9 percent 16,988 13.0%
20.0 to 24.9 percent 15,670 12.0%
25.0 to 29.9 percent 12,524 10.0%
30.0 to 34.9 percent 10,034 8.0%
35.0 percent or more 53,307 43.0%

Protective device discount in Charlotte Up to :  $14

Claims-free discount in Charlotte Up to :  $19

Charlotte, NC Home Insurance by Zip Code

Zip Code Median Home Value Median Homeowners Insurance
28208 $88,300 $580
28206 $88,100 $580
28207 $763,900 $800
28203 $371,400 $690
28211 $360,900 $690
28204 $310,900 $670
28226 $284,700 $640
28270 $283,400 $650
28277 $282,000 $650
28209 $275,400 $640
28202 $269,300 $640
28210 $248,400 $630
28278 $200,600 $620
28269 $165,200 $610
28205 $161,600 $610
28273 $152,800 $600
28227 $152,400 $610
28262 $151,200 $600
28213 $139,500 $600
28215 $131,800 $600
28214 $131,100 $600
28216 $127,000 $590
28212 $119,600 $590
28217 $111,200 $590