Chapel Hill, NC homeowners insurance is approximately $563 to $767, about $46-$63/month. Our thorough guide indicates shoppers can save upto $266 by comparing many quotes. Enter your zipcode below and click “GO” to get multiple free quotes.
| Home Insurance Company Near Chapel Hill, NC | Homeowners Insurance Agency Near Chapel Hill, NC | Address |
|---|---|---|
| Nationwide | Brewer Insurance Group Inc. | 142 Shannon Village, Louisburg, NC, 27549-2606 |
| State Farm | David Satterfield | Ste 590B 165 Holt Garrison Pkwy, Danville, VA, 24540-5949 |
| Travelers | George Stevens Insurance Agency Inc | 1320 HILL ST, DURHAM, NC, 27707 |
| Travelers | Hpb Insurance Group Inc | 324 W WENDOVER AVE STE 110, GREENSBORO, NC, 27408 |
| Allstate | Jeremy Hathcock | 817 S Fayetteville St, Asheboro, NC, 27203 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Carrboro town, North Carolina | $99 | $132 | $198 |
| Bingham township, Orange County, North Carolina | $94 | $125 | $188 |
| Orange County, North Carolina | $95 | $127 | $191 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Chapel Hill, NC | 2.5% | 8.2% |
| Carrboro | 2.48% | 8.3% |
| Bingham | 3.15% | 12.58% |
| Orange County | 2.88% | 10.35% |
| 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 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $600 | $2,600 |
| Yearly Chapel Hill Homeowner Insurance Premium Example | $1,900 | $1,500 |
| Out of Pocket Expense During Claim | $600 | $2,600 |
| Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim | $15,800 | $14,600 |
| Net Savings to Chapel Hill Home Owner from High Deductible Plan | $1,200 | |
| Scenario | Chapel Hill, NC Home Replacement Value MORE than Home Value | Chapel Hill, NC Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $243,000 | $159,000 |
| Insurance Premium based on Replacement Value | $1,300 | $850 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $45,000 | Risk Exposure from Under Insuring Coverage is $39,000 |
| Premium Impact | Insurance cheaper by $200/year | Insurance costlier by $250/year |
| Insurance Company | Liberty Mutual | Amica Mutual Insurance Company | Erie Insurance |
| Monthly Premium | 84 | 62 | 70 |
| Year Built | 1978 | 2004 | 2014 |
| Home Details | 3 Beds, 2 Baths | 2 Beds, 1 Baths | 4 Beds, 1 Baths |
| Coverage Amount | $300000-$350000 | $250000-$300000 | $300000-$350000 |
| Deductible | > $10,000 Deductible | $5000 to $10,000 Deductible | > $10,000 Deductible |