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May 5, 2021, 2:26 p.m. EDT

The best homeowners insurance in North Carolina (2021)

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By Home Media

MarketWatch has highlighted these products and services because we think readers will find them useful. This content is independent of the MarketWatch newsroom and we may receive a commission if you buy products through links in this article.

From temperate weather to damaging hurricanes, North Carolina is known for its unpredictable and moody climate. This means homeowners in the state should look to purchasing policies on their property for peace of mind that it stays protected through disasters. The Home Media team has put in the work to determine the best homeowners insurance companies in North Carolina and what makes them great to save MarketWatch readers’ time on their decision.

Get a quote with this easy tool or by calling 855-948-5219 to check precise premium rates and coverage from providers in your ZIP Code. Getting a quote is an essential part of your decision, since it’s the only way to know exactly what each company offers based on your unique property and personal details. However, we include sample premiums from quotes we received on a single-family, 1,600 square-foot house in Charlotte, N.C., with an estimated dwelling value of $250,000—$300,000.

In this article:

1. Best overall: Allstate

2. Best for new homeowners: State Farm

3. Best coverage options: Nationwide

4. Best discounts and savings: Liberty Mutual

5. Best for military families: USAA

6. The bottom line

7. Frequently asked questions

1. Best overall: Allstate

We chose Allstate as the best overall homeowners insurance company in North Carolina. It excels in many categories that make up a quality insurer, such as customer service, reputation, discounts and additional coverage options. However, homeowners in North Carolina should reach out to independent agents for quote information and sign-up, since the online quote tool isn’t available in the state.

Pros Cons
Local agents phone lines available 24/7 Online quote tool not available in North Carolina
Includes water backup up to $5,000
Liability coverage includes family members

Annual premium: $1,298 with $2,500 deductible

Discounts: Responsible payment, claim-free history, protective devices, welcome discount for new customers, easy pay plan, loyalty, bundling with other policies

Additional coverage options: Roof surfaces extended coverage endorsement, water backup, green improvements, identity theft, jewelry, watches, furs, building codes

2. Best for new homeowners: State Farm

State Farm connects each prospective customer and policyholder to a specific local agent to provide customer service. New homeowners can take advantage of this benefit by having someone to turn to for questions about coverage or policy management. This insurer’s website also features valuable resources for those that need extra guidance. Although our quote was on the pricier side compared with other providers, a bundled policy with auto insurance was quoted at $865 a year.

Pros Cons
Basic policies include extra personal property coverage General customer service can be hard to reach
Connects each policyholder to specific local agents Fewer discount options than competitors
Offers very cheap rates when bundling

Annual premium: $1,330 with $2,500 deductible

Discounts: Roof type, security and fire alarm systems, claim-free history, multi-policy bundling

Additional coverage options: Loss assessment for HOA charges, water backup, earthquake protection, home systems protection, identity theft

3. Best coverage options: Nationwide

Are you looking for extra roof protection on your policy? Do you want some extra insurance coverage options included under standard premiums? Nationwide might be a great place to start, since the company offers the most extensive list of add-ons and even includes some of those endorsements in the standard quote. For example, our quote included loss assessment, identity theft protection up to $25,000, building ordinance coverage, rented personal property, business property and fire department service charge coverage.

Pros Cons
Includes inflation protection Fewer discounts
Dwelling replacement cost covers 150% during rebuilding Policies may have a separate deductible for personal property claims
Basic policies include extra coverage such as loss assessment and identify theft

Annual premium: $1,233 with $1,000 deductible

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