Greensboro Insurance Rates:

Greensboro, NC home insurance is nearly $507 to $686, about $42-$57/month. Our detailed analysis indicates shoppers can save upto $238 by getting multiple quotes

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Greensboro Home Owner Insurance Quotes | Write a Review | Rates & Quotes Analysis
Erie Insurance
Home Insurance Rate of $630/8 months for $300000-$350000 Coverage
Policy Holder Home Details :

Home Value : $400,000

5 Beds, 5 Baths 4690 sqft Rental Property Constructed In 2001 with Hardwood Flooring, Shingles Roof, Chainwall Foundation, Vinyl siding, Metal Frame Construction. Home Features Include Fire Extinguisher, Deadbolt Locks, Smoke Alarm, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

55 Years old Divorced Female who is Unemployed and has 3 Pets and is a Non-Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 800-850 Credit Score

Home Insurance Rate of $340/4 months for $300000-$350000 Coverage
Policy Holder Home Details :

Home Value : $290,000

5 Beds, 5 Bath 3550 sqft Vacation Property Constructed In 1993 with Hardwood Flooring, Slate Shingles Roof, Piers Foundation, Vinyl siding, Brick Frame. Home Features Include Deadbolt Locks, Indoor Sprinklers, Central Air Conditioning, Fire Extinguisher, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

45 Years old Divorced Female who is a Freelancer with household income of $50-$75,000 and has 1 Pet and is a Smoker

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

  • 750-799 Credit Score

  • Seniors staying at home

Home Insurance Rate of $620/12 months for $125000-$150000 Coverage
Policy Holder Home Details :

Home Value : $135,000

3 Beds, 3 Baths 1450 sqft Seasonal Residence Constructed In 1970 with Linoleum, Shingles Roof, Slab Foundation, Fiber-Cement Siding, Wood Frame. Home Features Include Indoor Sprinklers, Copper Water Pipes, Fireplace, Smoke Alarm, 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 less than $25,000 and has More than 3 Pets at home and is a Non-Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 700-749 Credit Score

Home Insurance Rate of $170/3 months for $200000-$250000 Coverage
Policy Holder Home Details :

Home Value : $240,000

4 Beds, 4 Baths 3140 sqft Rental Property Constructed In 1980 with Carpet Flooring, Metal Roof, Piers Foundation, Stone Siding, Brick Frame. Home Features Include Indoor Sprinklers, Fireplace, Swimming Pool, Copper Water Pipes, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

29 Years old Single Male who is Unemployed with household income of less than $25,000 and has 2 Pets and is a Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 600-649 Credit Score

  • Guests at home

Home Insurance Rate of $1620/10 months for $250,000-$300,000 Coverage
Policy Holder Home Details :

Home Value : $250,000

4 Beds, 4 Baths 3092 sqft Primary Residence Constructed In 2003 with Carpet over wood flooring, Slate Shingles Roof, Piers Foundation, Stone Siding, Brick Frame. Home Features Include Deadbolt Locks, Central Air Conditioning, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

24 Years old Married Female who is Unemployed and has 1 Pet and is a Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 600-649 Credit Score

Greensboro, NC Home Insurance by Zip Code

Zip Code Median Home Value Median Homeowners Insurance
27408 $203,900 $630
27410 $201,100 $620
27455 $176,400 $610
27403 $161,200 $600
27407 $137,600 $600
27406 $124,000 $600
27409 $123,400 $600
27401 $106,200 $590
27405 $103,100 $580

Greensboro Rates & Quotes Analysis:

Greensboro Area Estimated House Insurance
Hastings Cir, E Washington St, State Rd 2811, Pear Tree Ct, Bashkir Way, Albany St, Westhaven Dr, Tory Hill Dr, Settlers Ln, Commercial Rd$612
King George Ct, Yester Oaks Ct, Garrett St, Ruffin Rd, Robert Porcher Way, Beech Grove Ct, Caraway Ct, Meadow Rock Rd, Alma St, Parkmont Ct$599
Crestridge Rd, Oakwood Dr, Jr Ln, Rollins St, Cranbourn Ct, White Oak Ct, Beatle Dr, Saturn Dr, Stoneburg Ct, Westerborne Dr$587
Clarinda, Brookbank Rd, Byers Ridge Dr, Rankin Rd, Wild Poplar Way, Tarr Dr, Autumn Hills Dr, Gorrell St, Satterfield Pl, Ruddy Duck Dr$647
Donlora Dr, Merlot Way, Southview Dr, Alice Ave, Seven Gates Dr, Pearview Dr, Shore Lake Dr, Erskine Dr E, Fairfield Ave, Amos Dr$604
State Rd 3413, Cedar Trail Ct, State Rd 2705, Bernau Ave, Bogart St, Remora Rd, Silverbriar Ct, Owls Roost Ct, Sullivan's Lake Dr, Millpoint Rd$611
State Rd 2339, Estate Dr, Portage Rd, Picard St, Mack St, Buffalo Tom Dr, Patterson St, Yunoka Ln, Millhouse Ct, Derry Dr$595
Westgate Dr, Benbow-Merrill Rd, Edgewood Dr, Oak Nut Dr, Jackson School Rd, Fuller St, State Rd 1127, Turk Pl, W J J Dr, Wetherburn Way$650
Brookway Dr, Eastridge Rd, Cezanne Dr, Bardwell Rd, E Montcastle Dr, Cypress Grove Ln, Rougon Dr, Leaning Tree Dr, Nicholas Rd, Frazier Rd$605
Side Aly, Pyracantha Ct, Quaker Landing Rd, State Rd 1001, New Avedon Dr, Callan Dr, Cornerrock Dr, Dartmouth St, State Rd 2011, Quail Cove Ct$623

Insurance rates are influenced by a number of factors including:

  • Year Built: 21,838 Homes (17% of total) built between 1980 to 1989 in Greensboro are paying home insurance between $890-$899 in contrast with Friendship (+$11), Center Grove (+$79), Summerfield (+$88), Gilmer (-$17) and Sedalia (-$10).
  • Bedrooms: 41,282 2 bedrooms homes (33% of total homes ) in Greensboro are paying about $365. Areas near to Greensboro such as Morehead, Friendship, Center Grove are costlier by $3, $4, $32 respectively whereas Gilmer and Jefferson are more economical by $8, $3 respectively for similar homes.
  • Auto Insurance Bundling: 12,788 Households (21% of all households) in Greensboro have 3 or more vehicles available and when it is bundled with home insurance you can save $149 compared to Morehead ($150), Guilford County ($149), Gilmer ($146).
  • Senior Discounts: 28,050 seniors (more than 55 years) occupied housing units (46% of total) in Greensboro get discounts between $89 to $91 and varies from Morehead ($90), Guilford County ($89), Gilmer ($87).
  • New Homes discounts: New homes such as the 56,477 homes built between 2000 to 2009 in Greensboro can save $119 and differs from Morehead ($120), Guilford County ($119), Gilmer ($117).

Greensboro Homeowners insurance Facts

  • Greensboro, NC has 60,242 owner occupied houses which is 54.6% of all units whereas Morehead, Guilford County and Gilmer have 56.41%, 62.5% and 49.35% respectively.
  • Greensboro, NC homeowners yearly insurance price at $597 is 0.41% of the typical house value of $146,900 which is in contrast with 0.37% in Morehead, 0.38% at Guilford County & 0.53% in Gilmer.
  • Homeowners in Greensboro, NC pay 11.94% of their income (Less than $10,000) in insurance whereas homeowners in Morehead, Guilford County and Gilmer pay 12.04%, 11.98% and 11.7% respectively.
  • Greensboro, NC’s insurance is 4.0% of monthly housing costs of $1,253/month, for owners with a mortgage compared to 3.79% in Morehead, 3.82% at Guilford County & 4.42% in Gilmer. But, for households without a mortgage, insurance is 12.0% of costs ($414 in Greensboro, NC) in contrast with 11.32% in Morehead, 12.57% at Guilford County & 14.34% in Gilmer.

Greensboro, NC Home Values & Insurance rates

For example, insurance for 2,417 Homes (4.0% of total homes ) valued between $70,000 to $79,999 in Greensboro, NC is about $304. Rates in nearby areas in such as Morehead, Guilford County, Friendship are cheaper by $34, $17, $45 respectively while Gilmer and Jefferson are costlier by $87 and $27 respectively for similar homes.

Greensboro, NC Home By Value Total Homes % of Total Average Homeowners Insurance
Less than $50,000 1,764 3.0% $101
$50,000 to $59,999 1,102 1.0% $208
$60,000 to $69,999 1,708 3.0% $262
$70,000 to $79,999 2,417 4.0% $304
$80,000 to $89,999 3,512 6.0% $340
$90,000 to $99,999 3,702 6.0% $382
$100,000 to $124,999 7,976 14.0% $441
$125,000 to $149,999 9,082 16.0% $555
$150,000 to $174,999 6,549 11.0% $656
$175,000 to $199,999 4,310 7.0% $758
$200,000 to $249,999 6,057 10.0% $913
$250,000 to $299,999 4,027 7.0% $1116
$300,000 to $399,999 3,989 7.0% $1420

Renters Insurance in Greensboro

  • Average Renters Insurance in Greensboro :  $112($9/month)

  • Median Gross Rent in Greensboro :  $732

  • Greensboro Renters Insurance to Median Rent Ratio:  1.23%

  • Renter occupied housing units in Greensboro :  50,160

Greensboro Renters Insurance as a Percentage of Rent

Greensboro Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
Less than $200 907 1.0% $328
$200 to $299 1,746 3.0% $778
$300 to $499 4,512 9.0% $1228
$500 to $749 18,801 38.0% $1903
$750 to $999 14,420 29.0% $2653
$1,000 to $1,499 7,110 14.0% $3778
$1,500 or more 1,253 2.0% $5428

Protective device discount in Greensboro Up to :  $16

Claims-free discount in Greensboro Up to :  $22