Wake County Insurance Rates:

Wake County, NC homeowners insurance is nearly $530 to $717, about $44-$59/month. Our detailed guide indicates shoppers can save as much as $249 by getting multiple quotes. Enter your zipcode below and click “GO” to get multiple free quotes.

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Three Ways to Reduce your Homeowners Insurance in Wake County, NC

North Carolina is known for frequent hail storms, tornadoes, and other windstorms as it shares a border with the Atlantic Ocean to the east. So, home insurance is a wise investment to protect your property and safeguard yourself from substantial financial loss.

The average cost of homeowners insurance in Wake County, NC, is $1177. Homeowners insurance can be confusing as the cost of the insurance may fluctuate depending on certain factors, including the age of the home, deductible, materials used to build your home, and claim history. VHome's research reveals how insurance companies arrive at premium quotes and ways to reduce the cost of homeowners insurance in Wake County, NC.

Insurance Cost Based on the Age of the Home

The age of the home plays a significant role in determining the cost of home insurance. As homes age, so do the systems and materials that make up your home, making your home more vulnerable to property damage or structural problems.

Homes with 40 or 50 years in Wake County pay a premium of $1208 and $1222, 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 Wake County can avail of lower insurance of $930.

Refer to the chart below to know the insurance rates based on the age of the home.


Insurance Cost Based on the Deductibles

Deductible for home insurance is the amount of money you agree to pay before you can make a claim with your provider. Once the homeowner files a claim and meets their deductible, the insurance company pays the remaining balance up to their policy limit.

For instance, let us assume that as per your policy, your deductible is $2500. So here, if you make a claim with damages of $20,000, you have to pay your deductible, i.e., $2500, and the remaining balance, i.e., $17,500, will be paid by your respective insurance company.

Deductible for home insurance in Wake County may range from $845.09 to $1162.88, depending on the deductible the policyholder has opted for. So, Wake County homeowners paying a high deductible of $2500 can avail of home insurance for $845.09, whereas Wake County homeowners paying a deductible of $1500 and $2000 can avail of home insurance for $990.33 and $898.99, respectively.

Insurance Cost Based on the Claim History

Another way to reduce your premium is by maintaining a zero claim history. It is prudent that homeowners must avoid filing claims for minor problems. Whenever a homeowner submits a claim, the insurance company incurs the loss. Therefore, the greater the risk of you incurring a loss and submitting a claim, the higher your policy cost.

By providing a history of zero claims, homeowners in Wake County, NC, have to pay a premium of $1035.76, where the discount is $141.24. In contrast, policyholders with one and two claims have to pay a premium of $1235.85 and $1341.78, respectively.

Wake County, NC Homeowners Insurance By Home Value

Wake County, NC Home Value Total Homes % of Total Average Wake County, NC Homeowners Insurance
Less than $50,000 6,448 3.0% $62
$80,000 to $89,999 2,335 1.0% $224
$90,000 to $99,999 2,917 1.0% $255
$100,000 to $124,999 13,828 7.0% $292
$125,000 to $149,999 20,571 10.0% $367
$150,000 to $174,999 22,850 12.0% $436
$175,000 to $199,999 19,230 10.0% $504
$200,000 to $249,999 33,413 17.0% $604
$250,000 to $299,999 25,740 13.0% $741
$300,000 to $399,999 36,071 19.0% $940

Top Home Insurance Agents Near Wake County, NC

Home Insurance Company Near Wake County, NC Homeowners Insurance Agency Near Wake County, NC Address
NA West Insurance Agcy Inc 2801 Nash St Nw Ste B, Wilson, NC, 27896
Liberty Mutual Burton Malcom 3120 Highwoods Blvd Ste 310, Raleigh, NC, 27604
Travelers James S Vann Insurance Agency Inc 120 S Chatham Ave , Siler City, NC, 27344
Travelers Rogers Insurance Agency 512 W WILLIAMS ST, APEX, NC, 27502
Erie Woomer Insurance Group Inc 105 N Salem Street, Apex, NC, 27502

Wake County, NC Home Insurance Agents for Top Companies

Cost Of Homeowners Insurance By Street Near Wake County, NC

Streets in Wake County Area Homeowners Insurance Cost
Harrod St, Old US Hwy 1, Legging Ln, Westra Dr, Winter Spring Dr, Clifford Rd, Feldon River Ct, Sagestone Way, Magnolia Bloom Ct, Atwater St$602
Topleaf Ct, Fountainhead Dr, McDonald Ln, Harvest Mill Ct, State Rd 2928, Tan Cir, Riverside Dr, Logger Ct, Sandhurst Rd, Drakeshire Ct$620
Pats Branch Dr, Taylors Farm Ct, State Rd 2235, S Meadow Rd, Redberry Ct, Old US Hwy 1, Trinity Ridge Rd, Machost Dr, Chant Dr, Pearl Rd$609
Rebel Cir, Cecil's Ln, Lilac Ln, Wood Sorrel Way, Blanchard St, Boothbay Ct, Ashwell Ct, Watson Way, Old Forge Cir, N Franklin St$645
Zebco Way, Early Rise St, Bern St, Preston Village Way, Eagle Trace Dr, Shandwick Ct, Covina Dr, Tassel Branch Way, Beech Wood Ct, Lawndale Dr$605
Dunmore Ct, Orchard Villas Ave, Oakwater Dr, Hurst Dr, Kings Mill Pl, Long Branch Trl, Klondike Ct, State Rd 2722, Wyndchase Ct, Royal Troon Dr$598
Belrose Dr, Burt Dr, Coldwater Dr, Nowell Pointe Dr, Oak Park Rd, Averell Ct, Shanley Dr, Sherburg Ct, Mockingbird Ln, W Marsha Gayle Ct$585
Glen Echo Ln, Hollins Ct, Bordeaux Ln, Absher Ct, Rawls Dr, Sandy Forks Rd, Elkhorn Rd, Rondan Cir, Bolitar Dr, Langley Cir$673
N Academy St, Winterlochen Rd, Perry Rd, Scott Pl, Westwick Ct, Windstar Way, State Rd 2183, Windy Hollow Ct, State Rd 2548, Wharton's Park$623
Possum Track Rd, N College St, Sheffield Rd, Grissom Farm Rd, Chinkapin Pl, State Rd 2314, Indian Branch Dr, Old Murray Dr, Caminetto Ct, Sugar House St$610

Wake County, NC Home Insurance Savings For Senior Occupied Homes

PlaceSavings For Senior Occupied Homes
Wake County$93 to $95
House Creek$93

Wake County, 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
Raleigh city, North Carolina $77 $103 $154
Meredith township, Wake County, North Carolina $80 $106 $159
House Creek township, Wake County, North Carolina $78 $103 $155

Wake County, 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
Wake County, NC3.3%11.1%
House Creek3.37%10.53%

Wake County Renters Insurance as a Percentage of Rent

Wake County Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
Less than $200 1,304 1.0% $318
$200 to $299 1,636 1.0% $768
$300 to $499 4,303 3.0% $1218
$500 to $749 22,662 19.0% $1893
$750 to $999 43,898 38.0% $2643
$1,000 to $1,499 31,332 27.0% $3768
$1,500 or more 8,503 7.0% $5418

Latest Home Insurance Reviews by Location

Apex, NC

Allstate premium and deductibles benefits are not great at all they are expensive. Therefore, I would not recommend their service with any individual.
Read more Apex home insurance reviews

Wake Forest, NC

I would definitely recommended Progressive to my friends and to my family for better rates, great customer service and ease of navigating website.
Read more Wake Forest home insurance reviews

White Oak, NC

Liberty Mutual
Easy to work with. They deduct the rate from my bank so I don't have to worry about it, however they do charge a fee for paying monthly which i don't feel is fair.
Read more White Oak home insurance reviews

Holly Springs, NC

I definitely recommend them, I am still very pleased with our premium after shopping around and seeing what else was available, I could not be happier with what we ended up with.
Read more Holly Springs home insurance reviews

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