Wake Forest, NC Home Insurance - Analysis On Quotes, Rates & Agents
Wake Forest Insurance Rates:
Wake Forest, NC homeowners insurance is roughly $529 to $720, about $44-$60/month. Our comprehensive guide shows customers can save as much as $250 by comparing multiple quotes. Enter your zipcode below and click “GO” to get multiple free quotes.
Latest Home Insurance Reviews
ProgressiveAs I have never had another company I am not sure how the rates compare but in general, progressive tends to be very competitive with other companies. I don't think $827/year is bad considering that covers our house, barn, tractor, etc.
Erie InsuranceThey were quick to drop my adult son's policy after he had two minor accidents in a short period of time. Given my longevity with the company, I thought that was a bad thing to do. They should have appreciated the members of my family more.
Liberty MutualI like the people I deal with, at the corporate level and my agent's office. The agent does not just throw you off onto the corporate office they get involved and make sure things are handled
MetlifeThe prices are really great and they are a lot better then other companies i have tried to get insurance with. they let you spread out your payments.
Farmer's InsuranceI like the fact that when i last filed a claim, the company handled the claim promptly, efficiently, and fairly.
Wake Forest, NC Homeowners Insurance By Home Value
| Wake Forest, NC Home Value | Total Homes | % of Total | Average Wake Forest, NC Homeowners Insurance |
|---|---|---|---|
| Less than $50,000 | 513 | 3.0% | $62 |
| $100,000 to $124,999 | 655 | 4.0% | $287 |
| $125,000 to $149,999 | 1,215 | 7.0% | $362 |
| $150,000 to $174,999 | 2,372 | 15.0% | $431 |
| $175,000 to $199,999 | 1,721 | 10.0% | $500 |
| $200,000 to $249,999 | 3,031 | 19.0% | $600 |
| $250,000 to $299,999 | 2,707 | 17.0% | $731 |
| $300,000 to $399,999 | 2,951 | 18.0% | $931 |
Top Home Insurance Agents Near Wake Forest, NC
| Home Insurance Company Near Wake Forest, NC | Homeowners Insurance Agency Near Wake Forest, NC | Address |
|---|---|---|
| NA | Frederick Insurance Service | 1206 N Berkeley Blvd Ste G, Goldsboro, NC, 27534 |
| Erie | Chan Wright Insurance Agency Inc. | 150 Providence Road Suite 100-A, Chapel Hill, NC, 27514 |
| Nationwide | Dunevants Ins Agency Inc | 904 N Madison Blvd STE F, Roxboro, NC, 27573 |
| Allstate | J A Leonard & Co Inc | 114 S BARNES ST, NASHVILLE, NC, 27856 |
| Liberty Mutual | Michael E Berke | 3120 Highwoods Blvd Ste 310, Raleigh, NC, 27604 |
Cost Of Homeowners Insurance By Street Near Wake Forest, NC
| Streets in Wake Forest Area | Homeowners Insurance Cost |
|---|---|
| Mollynick Ln, Country Club Dr, Hallburg Ct, River Park Dr, Wooten Ct, Catrush Way, Red Bay Dr, Amersham Ln, Spruce Shadows Ln, Airmax Dr | $620 |
| Federal House Ave, Basketweave Dr, Chelridge Dr, Durness, Crescent Ridge Dr, Cotton Paws St, Redford Place Dr, Sweetclover Dr, Quail Bluff Ct, Oak Hill Dr | $630 |
| Brewers Glynn Ct, E Holding Ave, Frye St, Lebatton Dr, Highgate Cir, Durness, Fairlake Dr, Minna Rd, Brayer Hill Path, Lonesome Spur Cir | $608 |
| Carrie May Ln, Mica Mine Ln, Thistlehill Ct, Enville Ct, Whistable Ave, Forest Pines Dr, Jordanmill Ct, Acorn Cir, State Rd 1911, Landover Keep Pl | $609 |
| Watchet Pl, Homecamp Ct, Crowder Ave, Deer Chase Trl, Abercrombie Rd, Forest Pines Dr, Costa Verde Ct, Hempton Cross Dr, Hialeah Ct, Main Divide Dr | $655 |
| Oakman Ridge Ct, Bear Hollow Rd, State Rd 1919, Old State Hwy 98, N Fallsview Ln, Southwick Ct, Britmass Dr, Pamplona Dr, Holdenby Trl, Snooks Trl | $667 |
| White Carriage Dr, New Walnut Pl, W Juniper Ave, Soho Sq, Berdan Ct, Old Milburnie Rd, Turning Brook Ln, Lilliput Ln, Incline Dr, Heritage Club Ave | $608 |
| W Walnut Ave, Peachleaf St, Melksham Rd, Glackens Ct, Clarincarde Ct, State Rd 1925, Old Milburnie Rd, Elm Cir, Welcome Dr, Foothills Trl | $664 |
| Battery Crest Ln, Old Still Rd, Sugar Maple Ave, Caudle Woods Dr, Bratt Ave, US Hwy 1 Alt, Seattle Ct, Prosser Ct, Colorcott St, State Rd 2229 | $631 |
| Templeridge Rd, Zebulon Rd, Cottesbrook Dr, Jeanne St, Nuthatch Ct, Old Murray Dr, Village Pines Ln, Elmwood View Rd, Powell Rd, Foundry Pl | $634 |
Wake Forest, NC Home Insurance Savings For Senior Occupied Homes
| Place | Savings For Senior Occupied Homes |
|---|---|
| Wake Forest | $93 to $96 |
| Rolesville | $94 |
| Neuse | $92 |
| Youngsville | $90 |
Wake Forest, 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 |
|---|---|---|---|
| Rolesville town, North Carolina | $79 | $105 | $157 |
| Neuse township, Wake County, North Carolina | $77 | $103 | $154 |
| Youngsville township, Franklin County, North Carolina | $76 | $101 | $151 |
Wake Forest, NC Area Home Insurance as a % of Housing Cost
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Wake Forest, NC | 3.1% | 11.3% |
| Rolesville | 3.05% | 10.88% |
| Neuse | 3.44% | 10.1% |
| Youngsville | 3.98% | 11.09% |
Wake Forest Renters Insurance as a Percentage of Rent
| Wake Forest Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| Less than $200 | 89 | 1.0% | $317 |
| $300 to $499 | 367 | 7.0% | $1217 |
| $500 to $749 | 507 | 10.0% | $1892 |
| $750 to $999 | 1,455 | 29.0% | $2642 |
| $1,000 to $1,499 | 1,707 | 34.0% | $3767 |
| $1,500 or more | 798 | 16.0% | $5417 |
Wake Forest, NC Home Insurance Costs With Deductible Scenario
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $1,500 | $4,500 |
| Yearly Wake Forest Homeowner Insurance Premium Example | $2,100 | $1,600 |
| Out of Pocket Expense During Claim | $1,500 | $4,500 |
| Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim | $18,300 | $17,300 |
| Net Savings to Wake Forest Home Owner from High Deductible Plan | $1,000 | |
Wake Forest, NC Home Insurance Costs With Home Replacement Value Scenarios
| Scenario | Wake Forest, NC Home Replacement Value MORE than Home Value | Wake Forest, NC Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $225,000 | $141,500 |
| Insurance Premium based on Replacement Value | $1,275 | $800 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $44,500 | Risk Exposure from Under Insuring Coverage is $39,000 |
| Premium Impact | Insurance cheaper by $225/year | Insurance costlier by $250/year |
Example Wake Forest Homeowners Insurance Comparison Table to Compare The Cheapest Quotes
| Insurance Company | Farmers Insurance | Amica Mutual Insurance Company | Chubb Group of Insurance |
| Monthly Premium | 75 | 166 | 86 |
| Year Built | 2004 | 1996 | 2012 |
| Home Details | 3 Beds, 1 Baths | 4 Beds, 1 Baths | 5 Beds, 3 Baths |
| Coverage Amount | $250000-$300000 | $500000-$600000 | $200000-$250000 |
| Deductible | $2500-$5000 Deductible | $500- $1000 Deductible | $1000-$2500 Deductible |
Sample Home Insurance Rates for Wake Forest, NC from Consumer Reviews & Surveys
| Year Built | Home Value | Roof Type | Sqft | Number of Bedrooms | Deductible | Premium | Premium Months | Siding Type | Smoker/Non Smoker |
|---|---|---|---|---|---|---|---|---|---|
| 1994 | 280,000 | Membrane Roof | 2,090 | 4 | $5000 to $10,000 Deductible | 500 | 6 | Vinyl siding | No |
| 2011 | 255,000 | Composition Roof | 2,370 | 4 | $500 Deductible | 760 | 9 | Stucco siding | yes |
| 1998 | 175,000 | Wood Shake Roof | 1,510 | 3 | $500 Deductible | 680 | 10 | Stucco siding | No |
| 2008 | 205,000 | Slate Shingles Roof | 1,840 | 3 | $1000-$2500 Deductible | 480 | 8 | Fiber-Cement Siding | No |
| 2004 | 305,000 | Metal Roof | 2,020 | 3 | $5000 to $10,000 Deductible | 80 | 1 | Brick siding | yes |
| 2005 | 620,000 | Wood Shake Roof | 4,740 | 5 | > $10,000 Deductible | 1270 | 8 | Stucco siding | yes |
| 1992 | 275,000 | Wood Shake Roof | 1,950 | 4 | $1000-$2500 Deductible | 80 | 1 | Stone Siding | yes |
| 2010 | 465,000 | Composition Roof | 3,540 | 5 | $500- $1000 Deductible | 1930 | 10 | Stone Siding | No |
| 2014 | 455,000 | Slate Shingles Roof | 4,310 | 5 | $1000-$2500 Deductible | 260 | 2 | Stucco siding | yes |
| 1997 | 520,000 | Composition Roof | 4,580 | 5 | $2500-$5000 Deductible | 150 | 1 | Fiber-Cement Siding | yes |
| 2014 | 325,000 | Membrane Roof | 3,100 | 4 | > $10,000 Deductible | 580 | 6 | Brick siding | yes |
| 2011 | 320,000 | Slate Shingles Roof | 2,560 | 5 | $500- $1000 Deductible | 500 | 5 | Stucco siding | yes |
| 2006 | 185,000 | Wood Shake Roof | 1,310 | 3 | $500- $1000 Deductible | 630 | 10 | Fiber-Cement Siding | yes |
| 2012 | 225,000 | Shingles Roof | 1,660 | 3 | > $10,000 Deductible | 80 | 2 | Stone Siding | yes |
| 2011 | 205,000 | Slate Shingles Roof | 1,730 | 3 | $500- $1000 Deductible | 210 | 2 | Stone Siding | yes |
| 2013 | 235,000 | Wood Shake Roof | 1,990 | 3 | $2500-$5000 Deductible | 550 | 9 | Stucco siding | yes |
| 2013 | 245,000 | Metal Roof | 1,670 | 3 | $500 Deductible | 1150 | 12 | Fiber-Cement Siding | No |
| 1993 | 440,000 | Shingles Roof | 3,030 | 4 | > $10,000 Deductible | 490 | 5 | Stucco siding | No |
| 1999 | 525,000 | Tile Roof | 3,650 | 5 | $2500-$5000 Deductible | 200 | 1 | Stone Siding | yes |
| 1994 | 190,000 | Membrane Roof | 1,710 | 3 | $2500-$5000 Deductible | 240 | 3 | Stone Siding | No |
| 2011 | 525,000 | Composition Roof | 3,700 | 5 | > $10,000 Deductible | 1220 | 9 | Stone Siding | No |
| 2002 | 650,000 | Membrane Roof | 4,900 | 5 | $2500-$5000 Deductible | 1570 | 10 | Stucco siding | yes |
| 2004 | 615,000 | Wood Shake Roof | 4,790 | 5 | $5000 to $10,000 Deductible | 180 | 1 | Stucco siding | yes |