Charlotte, NC Home Insurance - Analysis On Quotes, Rates & Agents

Charlotte, NC Insurance Rates:

The average cost of home insurance in Charlotte, NC is $986. vHome analyzed multiple home insurance quotes in Charlotte, NC to narrow down the list of the cheapest insurance companies in Charlotte, NC. vHome stresses the importance of comparing quotes from multiple companies to narrow down the best one that suits the consumer’s needs. Enter your Zip Code in the below banner to get instant home insurance quotes.

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Average Home Insurance Premium in Charlotte, NC

National Average Premium State Average Premium Charlotte Average Premium
$1,438 $894 $986

Top Home Insurance Companies in Charlotte, NC | Back to Top

vHome Insurance has compiled a list of home insurance companies providing the best home insurance rates. The companies are as follows.

Company Name Coverage $70,000 Coverage $150,000 Coverage $200,000 Coverage $350,000
State Farm $670 $804 $1,045 $1,442
North Carolina Farm Bureau $1,374 $1,649 $2,143 $2,958
Erie Insurance $1,244 $1,493 $1,941 $2,679
Nationwide $1,933 $2,320 $3,016 $4,161

Charlotte, NC Homeowners Insurance for Different Coverages | Back to Top

Coverage Type Home Insurance Cost($)
$100,000 To $124,999 553.3
$150,000 To $174,999 692.02
$175,000 To $199,999 901.58
$200,000 To $249,999 1,072.49
$250,000 To $299,999 1,578.48
$300,000 To $399,999 2,037.64
$400,000 To $499,999 2,676.46
$500,000 To $749,999 3,425.86
$750,000 To $999,999 3,961.15
$1000,000 To $1499,999 4,362.62
$1500,000 To $2000,000 4,683.8

Visual Guide for Charlotte, NC Home Insurance Buyers on Insurance Companies and Rates

Top Home Insurance Agents Near Charlotte, NC | Back to Top

Home Insurance Company Near Charlotte, NC Homeowners Insurance Agency Near Charlotte, NC Address
State Farm Dick Kay 1501 Ebenezer Rd, Rock Hill, SC, 29732-1806
Nationwide Mark Jennings Agency 1806 E Innes St, Salisbury, NC, 28146
Travelers Pinnacle Insurance Group Llc 10021 Park Cedar Drive Suite 200, Charlotte, NC, 28210
Liberty Mutual Independent Rdr Insurance Services Inc 5960 FAIRVIEW RD STE 100, CHARLOTTE, NC, 28210
Travelers Wells Fargo Ins Services Usa Inc 6100 FAIRVIEW RD STE 1400, CHARLOTTE, NC, 28210

List of Charlotte, NC Home Insurance Agents by Companies


Charlotte, NC Homeowners Insurance Rates Based on Claims Filed | Back to Top

Homeowners in Charlotte, NC with no claims filed get a discount of $128.18, whereas homeowners with one claim have to file an additional home insurance rate of $89 while homeowners with 2 claims have to pay an additional $138 for their home insurance premium.

Type of Claim Homeowners Insurance Cost Increase/Decrease($) Homeowners Insurance Cost($)
No Claim Discount -128 858
One Claim +89 1,075
Two Claim +138 1,124


Charlotte, NC Homeowners Insurance by Zip Code | Back to Top

Zip Code Median Home Value($) Home Insurance Cost($)
28208 88,300 956
28206 88,100 998
28207 763,900 932
28203 371,400 1,000
28211 360,900 998
28204 310,900 956
28226 284,700 956
28270 283,400 937
28277 282,000 1,000
28209 275,400 1,000
28202 269,300 1,000
28210 248,400 1,000
28278 200,600 917
28269 165,200 1,000
28205 161,600 947
28273 152,800 937
28227 152,400 1,000
28262 151,200 927
28213 139,500 917
28215 131,800 998
28214 131,100 999
28216 127,000 917
28212 119,600 937
28217 111,200 932

Factors Affecting Home Insurance Premiums in Charlotte, NC

The average cost of homeowners insurance in Charlotte, NC is $986. Various factors could help homeowners lower their home insurance premiums. vHome Insurance lists the factors that could help homeowners reduce their home insurance costs.

Charlotte, NC Home Insurance Premium Based on the Number of Bedrooms | Back to Top

Bedroom Size Average Homeowners Insurance Cost($)
2 Bedroom 792
3 Bedroom 848
4 Bedroom 1,301
5 Bedroom 2,545

Charlotte, NC Home Insurance Premiums for Different Deductibles | Back to Top

Homeowners with a deductible of $500 pay a much higher amount on their home insurance premium, while homeowners who pay a deductible of $2500 pay a much lower amount on their home insurance premium as seen in the table below.

Deductible Type Average Homeowners Insurance Cost($)
$500 Deductible 974
$1000 Deductible 881
$1500 Deductible 830
$2000 Deductible 753
$2500 Deductible 708

Charlotte, NC Homeowners Insurance Premium Based on the Age of the Home | Back to Top

Homeowners in Charlotte, NC pay a much lower home insurance rate if their homes are newly constructed. Homeowners with homes that are older than 50 years pay a much higher rate on their home insurance premium as seen in the table below.

Home Age Homeowners Insurance Cost($)
Newly Constructed Home 730
Year 30 Old 1,001
Year 40 Old 1,012
Year 50 Old 1,023
Above Year 50 1,033

Charlotte, NC Homeowners Insurance Cost Based on the Construction Type of the Home | Back to Top

Construction Type Home Insurance Cost Savings($) Home Insurance Cost($)
Fire Resistive 138 848
Masonry 49 937
Brick 49 937
Superior 89 897
Hail Resistant Roof 20 966

Top Saving Tips on Charlotte, NC Homeowners Insurance | Back to Top

Homes built using sturdy materials, which are highly resistant to damage, receive substantial discounts on homeowners’ insurance. Charlotte, NC homeowners can also bundle their home insurance policy with auto insurance to receive more discounts. Apart from this, home insurance companies tend to provide discounts to homes equipped with security features that make them less prone to burglaries. Senior citizens residing in households earn a considerable amount of discounts on homeowners insurance.

The tables below contain the complete list of discounts that Charlotte, NC homeowners can take advantage of to increase their savings.

Charlotte, NC Auto & Homeowners Insurance Bundling Discounts and Senior Citizen Discounts

Discount Type Home Insurance Cost Savings($) Home Insurance Cost($)
Bundle Discount 158 828
Retiree Discount (Senior Citizen Discount) 138 1,124
Newly Constructed Home 256 730

Charlotte, NC Home Insurance Discounts for Home Safety Devices | Back to Top

Home Safety Devices Home Insurance Cost Savings($) Home Insurance Cost($)
Deadbolts 118 868
Fire Extinguishers 79 907
Smoke Detectors 79 907
Sprinkler System 128 858
Fire Alarm 49 937
Burglar Alarm 89 897
Lightning Protection 20 966

Latest Home Insurance Reviews

Geico
I would definitely recommend GEICO to my friends and family. I have actually in the past on multiple occasions recommended GEICO to people who have mentioned they were shopping around for an insurance company.
State Farm
I would recommend this company. I have had no reasons to change companies or to be dissatisfied with their service.
Erie Insurance
Sometimes erie insurance charges too high of a premium for their services, and sometimes i feel that claims are too difficult to submit.
Allstate
I would recommend because they have very good rate, I don't because their work is not good.
Progressive
I would recommend Progressive insurance company to other because they have outstanding customer service, their bundle package and because it a great company that will give you what you need at a great price.
The Hartford
I have been with the Hartford car and Home insurance for more than 10 years and very satisfied. They really took good care of me when I filed a claim on my home.I have had no problems with The Hartford Insurance.
Allstate
The packages are encouraging and i can recommend it to someone in need of it. The home insurance are well to do and its not expensive, which makes it comfortable to subscribe to.
Progressive
it was good, they are always helpful and courteous. they are also easy to contact which is great. would definitely recommend.
Universal Property & Casualty Insurance Company
My policy is fairly standard to other insurers. I am satisfied with the coverages and premiums.
Progressive
I would recommend progressive insurance to my friends and family because they have always taken care of us. Our home insurance gives us peace of mind.
Liberty Mutual
They are responsive to my needs and assist me helpfully and nicely when I call with any questions or concerns on my current plan.
Geico
I think Geico overall has decent customer service it is easy to get in touch with people. I do get put on hold for long periods of time when I call.
Allstate
they provide a decent service on insurance and they respond in proper manner, whenever i need a claim support they quickly respond and helped me to get the claim.
Travelers
i got the best experience with my home insurance is cool, and i love it. there policies are friendly to adopt from from all the states.all should try it
Geico
I have been with Geico for the past 6 years and enjoy the coverage they provide and would completely recommend this insurance company to anyone and everyone.
Liberty Mutual
They make it very difficult to figure out exactly what you're paying for each aspect of the insurance.
Copeland Group
I like copeland group because i personally know many of the people who work there and know that they conduct business fairly and accurately.
State Farm
The office is near to my home with an agent who knows me personally and helps me right away with whatever I need.
North Carolina Farm Bureau
If we were to encounter a true emergency on a weekend or beyond usual business hours, we might have to wait for over two and a half days to get in touch with our agent.
Geico
Geico's premium is one of the lowest out there, The coverage is better than most, I get more bang for my buck with them
Farmer's Insurance
The Farmers Insurance website is functional and easy to navigate. I can always find the information I need without spending much time looking for it.
Liberty Mutual
The company is friendly, helpful, and their rates are good. I don't have any complaints. The response time to claims or phone calls in my experience has been better than any home insurance company I had before.
New Jersey Skylands Insurance
No complaints, every year prior to renewal they send me a package with details of my coverage and a questionnaire to answer to see if I want to change my coverage. I find this helpful.
Erie Insurance
I like the company's website. I like that I am able to pay my premiums on the website. I like the useful articles.
State Farm
I think that it is easily navigated. It is easy to find my link to pay my bills online. Though it is hard to look at my policies easily to make sure that we are currently where we would like to stand with our coverage.
Progressive
Now, the premiums have gone up and they are less likely to provide a competitive value for personal property replacement. The customer service is not always in the United States. The customer service is slow. The coverage has been decreased.
Allstate
The customer service dept. is easy to reach and I find them to be very knowledgeable and helpful to deal with
Geico
I enjoy that I can access my account online. I make payments online and I can adjust all my coverage online without having to talk to someone.
Liberty Mutual
i like the customer service response and how fast they are in solving issues or problems I encounter and makes me feel at home with them
Allstate
I like that customer service is always nice. I appreciate that my local office is extremely nice as well, they are what is keeping my business.
State Farm
Based solely on how State Farm took care of us and quickly worked to get us money to replace my wife's bike, I'd highly recommend them.
State Farm
The customer service has been very good, when you call you get an person to help you quickly and they have always been nice and polite. They always have solved my problems and they cost about as much as any place else.
Geico
I would recommend Geico to anyone shopping for a home owner's insurance because of their rates. They have some of the best rates in the industry and comer service is great. If you have a claim, they are very quick to resolve it and they seem to take it very seriously.
Allstate
I RECOMMEND MY HOME INSURANCE COMPANY BECAUSE IN THIS COMPANY MANY STAFFS COOPERATIVE TO THEIR CUSTOMERS AND ALSO I RECOMMEND MY COMPANY TO MY FAMILY AND FRIENDS.
Allstate
Although this company has many things which I wished they would change. they are inexpensive and attempt to do their best. The salespeople they have are not the best but other than that I enjoy the service.
Allstate
We are pretty satisfied with our coverage policy. I think the policy is pretty straight forward and easy to read. We feel safe that our home is protected.
Progressive
I like the kind overall, they have been very helpful and after the long period of time, my insurance has become much cheaper than when I originally bought it. I think customer service is fantastic and easy to contact.
State Farm
Has done everything we could want an insurance company to do. Haven't had to use it much over the many years but know it will be a great experience if we do.