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

Durham, NC Insurance Rates:

vHome Insurance undertook a detailed analysis of the cost of insurance in different cities of the country. This analysis helped in narrowing down the list of the top home insurance providers in Durham, NC. The average cost of insurance in Durham, NC is $1011. The following analysis stresses the importance of comparing multiple quotes. Enter your Zip Code in the banner below to get instant home insurance quotes.

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Average Home Insurance Premium in Durham, NC

National Average Premium State Average Premium Durham Average Premium
$1,438 $894 $1,011

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

The following is a list of home insurance companies that provide the best home insurance quotes in Durham, NC.

Company Name Coverage $70,000 Coverage $150,000 Coverage $200,000 Coverage $350,000
North Carolina Farm Bureau $673 $808 $1,050 $1,449
State Farm $1,587 $1,905 $2,476 $3,417
Nationwide $1,933 $2,320 $3,016 $4,161
Allstate $1,418 $1,701 $2,211 $3,052

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

Coverage Type Home Insurance Cost($)
$100,000 To $124,999 440.7
$150,000 To $174,999 766.79
$175,000 To $199,999 914.62
$200,000 To $249,999 1,125.91
$250,000 To $299,999 1,513.55
$300,000 To $399,999 2,145.36
$400,000 To $499,999 2,575.92
$500,000 To $749,999 3,297.18
$750,000 To $999,999 3,812.37
$1000,000 To $1499,999 4,198.76
$1500,000 To $2000,000 4,507.87

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

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

Home Insurance Company Near Durham, NC Homeowners Insurance Agency Near Durham, NC Address
Liberty Mutual Steve Breagy 3120 Highwoods Blvd Ste 310, Raleigh, NC, 27604
Travelers Surevest Insurance Group 1033 Oberlin Rd Ste 210, Raleigh, NC, 27605
Erie The Young Group Of Fuquay 411 N Judd Parkway Ne Ste A, Fuquay-Varina, NC, 27526

List of Durham, NC Home Insurance Agents by Companies


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

A discount of $141.54 on the home insurance premium is offered to Durham, NC homeowners who have no previous history of claims filed, Durham, NC homeowners with one claim have to file an additional home insurance rate of $71, while Durham, NC homeowners with 2 claims have to pay $121 more for their home insurance premium.

Type of Claim Homeowners Insurance Cost Increase/Decrease($) Homeowners Insurance Cost($)
No Claim Discount -142 869
One Claim +71 1,082
Two Claim +121 1,132


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

Zip Code Median Home Value($) Home Insurance Cost($)
27707 214,900 955
27705 209,700 955
27712 195,300 940
27701 159,600 1,024
27703 152,300 955
27704 140,100 955

Factors Affecting Home Insurance Premiums in Durham, NC

Durham, NC homeowners pay an average home insurance premium of $1011. Homeowners in Durham, NC can lower their home insurance premiums by considering various factors. vHomeInsurance lists the factors that could help homeowners reduce their home insurance premiums.

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

Bedroom Size Average Homeowners Insurance Cost($)
2 Bedroom 803
3 Bedroom 1,262
4 Bedroom 1,320
5 Bedroom 2,582

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

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

Deductible Type Average Homeowners Insurance Cost($)
$500 Deductible 999
$1000 Deductible 904
$1500 Deductible 851
$2000 Deductible 772
$2500 Deductible 726

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

Homeowners in Durham, 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 748
Year 30 Old 1,026
Year 40 Old 1,037
Year 50 Old 1,049
Above Year 50 1,060

Durham, 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 131 880
Masonry 51 960
Brick 51 960
Superior 101 910
Hail Resistant Roof 20 991

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

Durham, NC Homeowners can earn discounts on homeowners insurance based on the construction type of their home. Homes that are built using damage-resistant materials are considered a safe bet for home insurance companies. Durham, NC Homeowners can also choose to bundle their home and auto insurance policies to further reduce their home insurance premium. Apart from this, senior citizens also receive substantial discounts from home insurance companies. Homes equipped with home security devices are less prone to burglaries. As a result, Durham, NC homeowners receive attractive discounts from home insurance companies.

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

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

Discount Type Home Insurance Cost Savings($) Home Insurance Cost($)
Bundle Discount 142 869
Retiree Discount (Senior Citizen Discount) 142 1,153
Newly Constructed Home 263 748

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

Home Safety Devices Home Insurance Cost Savings($) Home Insurance Cost($)
Deadbolts 91 920
Fire Extinguishers 71 940
Smoke Detectors 131 880
Sprinkler System 81 930
Fire Alarm 61 950
Burglar Alarm 91 920
Lightning Protection 40 971

Latest Home Insurance Reviews

Erie Insurance
On the other hand, the rates for home coverage and car coverage when bundled are very reasonable and allow me to balance my other bills as i am not overcharged with coverage.
Erie Insurance
Happy just wish they gave discounts for not having a claim.They offer this for auto Ins. seems only Fair.
State Farm
I would recommend State Farm as long as you competitevly shopped your insurance policy around.
Allstate
this is very good insurance company.they offer cheap price with lot of choice for coverage many ways to save money.
Liberty Mutual
I never hear from my insurance company unless it is to send me a bill. I have never filed a claim in over 20 years.
Farmer's Insurance
I am not sure how it compares. But as far as i know, there are a lot of disruptors in the market. I am happy that I have a traditional one that was recommended and used by my parents
Progressive
Progressive offers multiple policies and customized options for all kinds of insurance needs for multiple individuals and their families needs as well
Erie Insurance
I have never had occasion to file a claim when I had home insurance. So, when I finished paying for my house I canceled my home insurance policy.
Allstate
very good I love it covers all the capacity and all my concerns
State Farm
After thorough internet research and product comparison, i found that state farm has the most reasonable rates compared to other companies.
State Farm
This insurance provider creates a problem, when we buy the insurance second time, it would increase the cost.
Liberty Mutual
I do not like or dislike the company's customer service as I have no need to call the company for a technical issue.
State Farm
I dislike that the same company charges me more than I want them to for car insurance. I dislike that they don't offer me quotes from other companies. I dislike that I'm not sure that I couldn't be paying less for the same coverage.
Travelers
Overall they are accessible, friendly, professional, timely, and affordable. We have been very happy that we chose them and will continue to use them for the future.
State Farm
I really like that state farm, it values me as a customer and I'm not just a number to them. They are all so friendly and caring to their customers/
North Carolina Farm Bureau
They are always there. This is a small town and my agent is always available and knows me by name. If, in the rare instance that I need assistance and my agent is unavailable, another agent can step in and help me with missing a beat and treat me good as gold.
Erie Insurance
I like the simplicity of the company's website. I don't have to search around for any of the information I am looking for. However, there isn't much to find on the website. If I wish to do much more than paying my bill or view policy details, I need to contact my agent. I would like to be able to answer some simpler questions or do some of the easier fact-finding tasks on the website.
Allstate
I give 5 points to Allstate because of the customer support is very good comparing top other home insurance companies.I contact them for 4 to 5 times for an issue they response me as soon as possible. The way of they handle the customer is very good.and also it has best financial strength rating.
Liberty Mutual
The premium is about the same I would pay with other companies so, I don't think there is much I can like or dislike.
Farmer's Insurance
I like Farmers Insurance because of their very competitive rates for my insurance coverage on my house, car, and umbrella coverages. I have had no issues with their customer service.
State Farm
My complaints would be the lack of available discounts or other ways to save on overall insurance costs and the usability of the website. If each of the components could be improved upon I would rate the company as superior for customer service and product innovation.
Progressive
The customer service provided by them as well as the ease of use of the app. Their agents have always been helpful whenever I have spoken with them. Their coverage options as well.
Geico
insurance company have no loyalty plan. they are what they are. you need them for your loan. it is good to have for the house. the company just works enough for right now. good enough for me.
Progressive
Sometimes I have to go there and the reception was a little offensive.. but I'm good with that. the rest is nice for me
Allstate
In general, i am satisfied with my insurance company and especially appreciate the customer service. I was once even able to speak with someone on Thanksgiving day and they were able to help me.
Farmer's Insurance
They provided a quote same day and have more coverage than competitors at a lower price. THey cover sewer lines and anything attached to the house.
Farmer's Insurance
I would recommend them. Their costs are in line with their competitors. When I call my agent someone always picks up the line and they can track him down.
State Farm
After filing a claim for the first time my rates increased by 20%. They don't have any type of accident or claim forgiveness despite the fact that I had never filed a claim in the 20 plus years I was insured with them. I wish they had some sort of loyalty program.
Farmer's Insurance
farmers are superior to all other insurance groups. helpful, eager to advise and educate, and made the whole experience pleasant and not like a transaction. was very very happy with my experience with farmers
State Farm
Overall I'm satisfied with State Farm. Dealings are typically friendly and the company is professional overall. They do a decent job of offering what is deserved when it comes to claims.