Cary ,NC Home Insurance - The cost of homeowners insurance is influenced by a range of factors, including the value of your coverage, deductible, and the construction materials used in your home.
VHome Insurance conducted a thorough analysis of the Cary, NC homeowners insurance market, taking into account factors like average costs, range of coverages, deductibles and customer satisfaction ratings to determine the best providers. The Average home insurance cost in Cary, NC is $2057. Enter your zipcode below and click “GO” to get multiple free quotes.
It is important to understand the different coverage options available in Cary, NC. VHome Insurance will help you navigate the world of homeowners insurance coverages in Cary, NC.
| Coverage Level | Average Annual Premium |
|---|---|
| $100,000 | $823 |
| $200,000 | $1,399 |
| $300,000 | $1,728 |
| $400,000 | $2,633 |
| $500,000 | $3,312 |
One key aspect of your policy is the deductible, which is the amount you pay out of pocket before your insurance kicks in. Choosing the right deductible can have a major impact on your insurance premiums and overall savings. In this guide, we'll help you understand the options available for homeowners insurance deductibles in Cary, NC, and how to choose the right one for your needs.
| Deductible Level | Average Annual Premium |
|---|---|
| $500 Deductible | $2,109 |
| $1000 Deductible | $1,886 |
| $1500 Deductible | $1,779 |
| $2500 Deductible | $1,604 |
| $5000 Deductible | $1,358 |
| Home Insurance Company Near Cary, NC | Homeowners Insurance Agency Near Cary, NC | Address |
|---|---|---|
| NA | Wester Realty & Insurance Agency, Inc. | 1020 S Garnett St, Henderson, NC, 27536 |
| Travelers | American Auto Club Ins Agency Llc | 905F MCKNIGHT RD, KNIGHTDALE, NC, 27545 |
| Nationwide | Hedgepeth-Hutson Insurance Services Inc. | 221 S Barnes St, Nashville, NC, 27856 |
| Erie | Hometown Insurance Brokers Inc. | 2626 Glenwood Avenue Suite 450, Raleigh, NC, 27608 |
| Nationwide | Michael D. Lawson Agency | 3004-D Guess Rd, Durham, NC, 27705 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| White Oak township, Wake County, North Carolina | $97 | $129 | $194 |
| Morrisville town, North Carolina | $95 | $127 | $191 |
| Apex town, North Carolina | $95 | $126 | $189 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Cary, NC | 2.9% | 9.9% |
| White Oak | 2.82% | 10.55% |
| Morrisville | 2.9% | 11.92% |
| Apex | 3.07% | 12.04% |
| Cary Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| $500 to $749 | 2,242 | 15.0% | $1884 |
| $750 to $999 | 5,962 | 41.0% | $2634 |
| $1,000 to $1,499 | 4,684 | 32.0% | $3759 |
| $1,500 or more | 1,362 | 9.0% | $5409 |
| Streets in Cary Area | Homeowners Insurance Cost |
|---|---|
| Dunnet Ct, St Edmunds Ln, Link's End Dr, Oakridge Rd, Faculty Ave, Hillsboro St, Hosta Lily Ct, Riverwind Ln, Cass Ct, Stonebend Loop | $693 |
| Waterdale Ct, Dorsett Dr, Lawdraker Rd, Buxton Grant Dr, Rosaler Ct, Salford Ct, Pierce Olive Rd, Perimeter Park Dr, State Rd 1635, Sarabande Dr | $646 |
| Dalmeny Dr, Marjorie Dr, Quarter Path, Warren Ave, Killingsworth Dr, Winterborne Dr, Wyckford Pl, Zev Summit Ln, Sutton Glen Dr, Holly Stream Ct | $679 |
| Deerwood Pl, Viscount Ln, State Rd 1627, Vashon Ct, Truehart Way, Tutbury Pl, Tecumseh Ct, New Waverly Pl, Silvergrove Dr, Fernglen Pl | $647 |
| Unaka Ct, Emerald Downs Rd, Blackshoal Dr, Brookberry Rd, Washington St, Hillview Dr, Sable Ct, Sutter Gate Ln, Dillard Dr, Amblewood Dr | $638 |
| Lyndenbury Dr, Penland Ct, Glenolden Ct, State Rd 1640, Fishers Creek Ct, Champion Dr, Torcastle Cir, Chicora Wood Dr, Gorecki Pl, Grande Valley Cir | $619 |
| Eagle Creek Ct, Eton Hall Ln, Edinburgh South Dr, Holly Hill Ct, Salem Church Rd, Waterford Forest Cir, Shadow Bend Ln, Dutch Creek Dr, State Rd 1650, Drywood Pl | $658 |
| Cobalt Dr, Iron Hill Dr, Highstone Rd, Star Flower Ct, Cole Valley Dr, Heatherstone Dr, Platte Xing, Tattenhall Dr, SW Cary Pkwy, Wilander Dr | $708 |
| Councilman Ct, Birkhaven Dr, Mickey Ln, Tasman Ct, Brier Creek Pkwy, Grey Bridge Row, S Pointe Dr, Bunnwood Ln, Meadow Mist Ct, Brampton Ln | $656 |
| Lynnberry Pl, S Wellonsburg Pl, Kingsway Dr, Otterbein Ct, Simca Ct, Milford Ct, Lochmere Dr, Settlers Cir, High Ridge Dr, NE Maynard Rd | $640 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| Cary | $96 to $99 |
| White Oak | $97 |
| Morrisville | $95 |
| Apex | $94 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $1,900 | $4,900 |
| Yearly Cary Homeowner Insurance Premium Example | $1,700 | $1,200 |
| Out of Pocket Expense During Claim | $1,900 | $4,900 |
| Total Home Insurance Premium for 7 years + Out of Pocket Expense for Claim | $13,800 | $13,300 |
| Net Savings to Cary Home Owner from High Deductible Plan | $500 | |
| Scenario | Cary, NC Home Replacement Value MORE than Home Value | Cary, NC Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $513,000 | $340,500 |
| Insurance Premium based on Replacement Value | $2,625 | $1,725 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $80,000 | Risk Exposure from Under Insuring Coverage is $92,500 |
| Premium Impact | Insurance cheaper by $475/year | Insurance costlier by $425/year |
| Insurance Company | Nationwide Insurance | Liberty Mutual | GEICO Insurance |
| Monthly Premium | 90 | 74 | 134 |
| Year Built | 1998 | 1987 | 2003 |
| Home Details | 3 Beds, 1 Baths | 4 Beds, 3 Baths | 5 Beds, 1 Baths |
| Coverage Amount | $250000-$300000 | $200000-$250000 | $350000-$400000 |
| Deductible | $2500-$5000 Deductible | $2500-$5000 Deductible | $2500-$5000 Deductible |