Charlotte Insurance Rates:

Charlotte, NC homeowners insurance is about $515 to $696, about $42-$58/month. Our all inclusive research reveals consumers can save upto $242 by comparing different quotes. Enter your zipcode below and click “GO” to get multiple free quotes.

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Average Cost of Homeowners Insurance in Charlotte

According to the Mid-Year Crime Briefing 2021 presented by the Citywide newsroom, there were a total of 904 residential burglaries. Therefore, residents of Charlotte must take homeowners insurance into serious consideration. In order to protect yourself and your home from perils like vandalism, theft, property damage, or combustion, homeowners must avail home insurance in Charlotte. The average cost of homeowners insurance in Charlotte, NC, is $986.

The cost of the insurance is determined after considering certain factors, including the age of the home, claim history, coverage type, deductible, or the material used to build your home. VHome's research reveals special discounts that will help you save a few bucks.

Discounts Based on Deductibles

Your home insurance deductible is the amount of money you agree to pay before you can make a claim with your provider. Once you file a claim and meet your deductible, the insurance company pays the remaining balance up to their policy limit. The higher your deductible, the lower your home insurance cost.

For instance, homeowners in Charlotte who opted for a deductible of 1000 and 2000 pay $882 and $754, respectively. Compare quotes here and save on Charlotte home insurance by opting for a higher deductible.


Discounts Based on the Materials Used

Home insurance is a type of insurance that protects the owner's property against perils such as fire, theft, and natural calamities. The amount charged by the insurance company to insure a house will vary according to the materials used during the construction of the house.

For instance, homes built with hail-resistant roofs pay $956.42, whereas homes built with damage-resistant materials like Masonry and Brick pay $936.7 in Charlotte.

Discounts Based on the Age of the Home

If you're looking to buy home insurance, it's essential to know how much it will cost based on the age of your home. Age plays a crucial role in determining the cost of homeowners insurance: on average, the older your home is, the more you'll pay for coverage.

For instance, homes older than 40 and 50 years pay $1012 and 1024, respectively. On the other hand, newly built homes are less prone to damage, and home insurance companies offer considerable discounts to newly constructed homes. For instance, newly built homes in Charlotte can avail of lower insurance of $760.

Charlotte, NC Homeowners Insurance By Home Value

Charlotte, NC Home Value Total Homes % of Total Average Charlotte, NC 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

Top Home Insurance Agents Near Charlotte, NC

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

Charlotte, NC Home Insurance Agents for Top Companies

Cost Of Homeowners Insurance By Street Near Charlotte, NC

Streets in Charlotte Area Homeowners Insurance Cost
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

Charlotte, NC Home Insurance Savings For Senior Occupied Homes

PlaceSavings For Senior Occupied Homes
Charlotte$90 to $92
Mecklenburg County$91

Charlotte, NC Auto & Homeowners Insurance Bundling Discounts

Place 1 Car Bundle Savings On Insurance 2 Car Bundle Savings On Insurance 3 Car Bundle Savings On Insurance
Mecklenburg County, North Carolina $76 $101 $152
Pineville town, North Carolina $75 $100 $150
Matthews town, North Carolina $78 $103 $155

Charlotte, NC Area Home Insurance as a % of Housing Cost

PlaceHome insurance as a % of housing cost for homes with mortgageHome insurance as a % of housing cost for homes without mortgage
Charlotte, NC3.5%11.0%
Mecklenburg County3.41%11.2%

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

Charlotte, NC Homeowners 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

Charlotte, NC Home Insurance Costs With Deductible Scenario

Low DeductibleHigh Deductible
Yearly Charlotte Homeowner Insurance Premium Example $900$700
Out of Pocket Expense During Claim$1,600$2,600
Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim $8,800$8,200
Net Savings to Charlotte Home Owner from High Deductible Plan $600

Charlotte, NC Home Insurance Costs With Home Replacement Value Scenarios

Scenario Charlotte, NC Home Replacement Value MORE than Home Value Charlotte, NC Home Replacement Value LESS than Home Value
Replacement Value $182,500 $132,000
Insurance Premium based on Replacement Value $1,100 $800
Risk Exposure from Under Insuring Coverage Unnecessary Home Insurance Coverage of $20,000 Risk Exposure from Under Insuring Coverage is $30,500
Premium Impact Insurance cheaper by $200/year Insurance costlier by $100/year

Example Charlotte Homeowners Insurance Comparison Table to Compare The Cheapest Quotes

Insurance Company Chubb Group of InsuranceFarmers InsuranceGEICO Insurance
Monthly Premium 15312151
Year Built 201120081972
Home Details 4 Beds, 1 Baths5 Beds, 2 Baths2 Beds, 1 Baths
Coverage Amount $350000-$400000$400000-$500000$125000-$150000
Deductible $500 Deductible$2500-$5000 Deductible$500 Deductible

Sample Home Insurance Rates for Charlotte, NC from Consumer Reviews & Surveys

Year Built Home Value Roof Type Sqft Number of Bedrooms Deductible Premium Premium Months Siding Type Smoker/Non Smoker
1989 255,000 Shingles Roof 3,160 4 $500- $1000 Deductible 150 2 Vinyl siding yes
2014 190,000 Shingles Roof 2,000 3 $1000-$2500 Deductible 250 3 Brick siding yes
2009 180,000 Membrane Roof 2,000 3 $1000-$2500 Deductible 470 6 Stone Siding No
1975 220,000 Composition Roof 2,520 4 $2500-$5000 Deductible 460 6 Stucco siding No
2014 215,000 Wood Shake Roof 1,790 4 $1000-$2500 Deductible 430 7 Wood siding No
2006 145,000 Tile Roof 1,290 2 $500- $1000 Deductible 250 6 Brick siding No
1987 235,000 Tile Roof 2,190 4 $500 Deductible 820 8 Fiber-Cement Siding yes
1976 400,000 Metal Roof 4,740 5 $500 Deductible 860 5 Fiber-Cement Siding No
2010 150,000 Wood Shake Roof 1,350 3 $2500-$5000 Deductible 140 4 Wood siding No
1983 445,000 Composition Roof 3,880 5 $2500-$5000 Deductible 720 6 Fiber-Cement Siding No
1975 165,000 Metal Roof 1,820 3 $500 Deductible 180 4 Brick siding No
2014 135,000 Metal Roof 1,610 2 $500- $1000 Deductible 620 12 Wood siding yes
1991 315,000 Asphalt Shingles Roof 3,510 5 $5000 to $10,000 Deductible 970 10 Stucco siding No
1977 390,000 Membrane Roof 3,370 5 > $10,000 Deductible 860 9 Stone Siding yes
2011 185,000 Wood Shake Roof 1,610 5 $2500-$5000 Deductible 500 9 Fiber-Cement Siding No
1990 470,000 Slate Shingles Roof 4,790 5 $2500-$5000 Deductible 150 1 Brick siding yes
2014 150,000 Slate Shingles Roof 1,220 3 $1000-$2500 Deductible 210 3 Stone Siding yes
1989 240,000 Metal Roof 2,020 4 $500 Deductible 220 2 Vinyl siding yes
1979 240,000 Shingles Roof 2,100 3 $500 Deductible 1120 10 Wood siding yes
2000 230,000 Tile Roof 2,500 4 $500 Deductible 730 9 Stucco siding No
1981 145,000 Asphalt Shingles Roof 1,610 2 $1000-$2500 Deductible 50 1 Wood siding No
1972 175,000 Membrane Roof 1,500 2 $1000-$2500 Deductible 460 9 Vinyl siding No
2005 385,000 Metal Roof 3,340 4 $500- $1000 Deductible 180 1 Stucco siding yes
1983 255,000 Slate Shingles Roof 2,440 5 > $10,000 Deductible 140 3 Stucco siding No
1983 110,000 Tile Roof 1,150 2 $500- $1000 Deductible 30 1 Brick siding yes
1982 125,000 Shingles Roof 1,240 2 $500 Deductible 40 1 Brick siding yes
1974 240,000 Asphalt Shingles Roof 2,180 4 $500- $1000 Deductible 380 4 Stone Siding No
1991 135,000 Composition Roof 1,220 3 $1000-$2500 Deductible 240 6 Brick siding yes
2003 305,000 Shingles Roof 2,750 4 $500 Deductible 1120 6 Fiber-Cement Siding yes
1984 195,000 Composition Roof 908 1 $500 Deductible 500 9 Wood siding yes

Latest Home Insurance Reviews

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.
I would recommend because they have very good rate, I don't because their work is not good.
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.
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.
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.
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.
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.
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.
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
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'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.
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.
The customer service dept. is easy to reach and I find them to be very knowledgeable and helpful to deal with
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
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.
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.
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.
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.
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.

How To Make Your Charlotte, NC Home Insurance Cheaper

How Much Does Charlotte, NC Home Insurance Cost?