High Point ,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 High Point, 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 High Point, NC is $1844. Enter your zipcode below and click “GO” to get multiple free quotes.
It is important to understand the different coverage options available in High Point, NC. VHome Insurance will help you navigate the world of homeowners insurance coverages in High Point, NC.
| Coverage Level | Average Annual Premium |
|---|---|
| $100,000 | $738 |
| $200,000 | $1,254 |
| $300,000 | $1,549 |
| $400,000 | $2,360 |
| $500,000 | $2,969 |
Home insurance costs in High Point can vary greatly based on location. The frequency of claims in your area can affect the cost of your policy. Simply put, the location of your home can significantly impact your homeowners insurance premium.
| Zipcode | Average Insurance Premium |
|---|---|
| 027260 | $1,676 |
| 27265 | $1,772 |
| 27262 | $1,752 |
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 High Point, NC, and how to choose the right one for your needs.
| Deductible Level | Average Annual Premium |
|---|---|
| $500 Deductible | $1,891 |
| $1000 Deductible | $1,691 |
| $1500 Deductible | $1,595 |
| $2500 Deductible | $1,438 |
| $5000 Deductible | $1,217 |
| Home Insurance Company Near High Point, NC | Homeowners Insurance Agency Near High Point, NC | Address |
|---|---|---|
| Liberty Mutual Independent | Bear Insurance Service | 173 NORTH SECOND ST, ALBEMARLE, NC, 28001 |
| Allstate | Jason Phillip Allen | 848 S Main St, Salisbury, NC, 28144 |
| Nationwide | Lawver Insurance & Financial Services Inc. | 250 East St, Pittsboro, NC, 27312 |
| Nationwide | Mark Jennings Agency | 122 Avalon Dr STE C, Salisbury, NC, 28146-7023 |
| State Farm | Tim Ring | 1111 E Main St, Albemarle, NC, 28001-5101 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Jamestown town, North Carolina | $92 | $123 | $185 |
| Archdale city, North Carolina | $89 | $118 | $177 |
| Friendship township, Guilford County, North Carolina | $90 | $120 | $180 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| High Point, NC | 3.8% | 11.3% |
| Jamestown | 3.48% | 12.08% |
| Archdale | 4.15% | 13.21% |
| Friendship | 3.83% | 12.91% |
| High Point Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| Less than $200 | 459 | 2.0% | $328 |
| $200 to $299 | 605 | 3.0% | $778 |
| $300 to $499 | 1,403 | 8.0% | $1228 |
| $500 to $749 | 5,169 | 32.0% | $1903 |
| $750 to $999 | 5,056 | 32.0% | $2653 |
| $1,000 to $1,499 | 2,284 | 14.0% | $3778 |
| $1,500 or more | 702 | 4.0% | $5428 |
| Streets in High Point Area | Homeowners Insurance Cost |
|---|---|
| Brookdale Dr, Florham Dr, Trafalgar Ct, Maple Branch Dr, Ennis St, Kellywood Dr, McDerr Rd, State Rd 1818, Densbury Dr, Grays Land Rd | $620 |
| Northpoint Ave, Walden Ln, Nina Ct, Hanover Ct, Nottingham Rd, Roberts Ln, S Hamilton St, Harrison St, Brandemere Dr, Royal Rd | $610 |
| Philly Ln, Sherman Rd, Kimery Dr, Cloverbrook Dr, Park Ct, Balsam Ave, Abbeywood Pl, Greenhaven Dr, Terrell Dr, Gardenia Ct | $572 |
| Hackney Way, State Rd 1145, Edgeworth St, Ardmore Cir, Westover Dr, Shalotte Dr, Danlee Rd, Curtis Pl, James Rd, Ridgecrest Dr | $594 |
| North Ave, Meadowlark Rd, Spring Rd, Brookberry Ct, Crestwood Cir, Montevista Dr, Kirkwood St, Pam St, Brady Pl, Woods Ln | $594 |
| Adkins Rd, McKinley St, Quarterstaff Ct, Tyner Rd, Quarterpath Ln, Charles Ave, State Rd 1148, Rockingham Rd, Loftyview Dr, Bramble Dr | $619 |
| State Rd 1644, Hendrix St, Old Mill Rd, Kentwood Ct, Colony Dr, Dale Pl, Dilworth Rd, Cedar Trail Ct, Lauren Pl, Hopewell St | $619 |
| Claybrooke Ct, Lambeth Ave, Hickswood Rd, Peabody Rd, Gardner Ln, Meta Ct, James Crossing Dr, Eastchester Rd, Stone Pl, Poplar Creek Dr | $627 |
| Oxford Pl, Norman Pl, Westwood Ave, Meadowlawn Ave, Mill Wheel Ct, Burnt Mill Rd, Ashford Cir, Wellingham Ln, Essex Ct, Blythe Ct | $620 |
| Ann Arbor Ave, Gavin Dr, Eccles Pl, State Rd 1546, Hickory Creek Rd, Bowers Ave, Worth St, Crest Hill Rd, Fairway Dr, Macedonia Ct | $574 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| High Point | $89 to $91 |
| Jamestown | $92 |
| Archdale | $88 |
| Friendship | $90 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $1,200 | $5,200 |
| Yearly High Point Homeowner Insurance Premium Example | $2,300 | $1,500 |
| Out of Pocket Expense During Claim | $1,200 | $5,200 |
| Total Home Insurance Premium for 7 years + Out of Pocket Expense for Claim | $17,300 | $15,700 |
| Net Savings to High Point Home Owner from High Deductible Plan | $1,600 | |
| Scenario | High Point, NC Home Replacement Value MORE than Home Value | High Point, NC Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $89,500 | $57,000 |
| Insurance Premium based on Replacement Value | $525 | $325 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $14,000 | Risk Exposure from Under Insuring Coverage is $18,500 |
| Premium Impact | Insurance cheaper by $125/year | Insurance costlier by $75/year |
| Insurance Company | Nationwide Insurance | Allstate | Erie Insurance |
| Monthly Premium | 31 | 60 | 70 |
| Year Built | 1986 | 1990 | 2011 |
| Home Details | 3 Beds, 1 Baths | 4 Beds, 3 Baths | 5 Beds, 2 Baths |
| Coverage Amount | $75000-$100000 | $175000-$200000 | $175000-$200000 |
| Deductible | $500- $1000 Deductible | $1000-$2500 Deductible | $1000-$2500 Deductible |