Average Renters Insurance Cost in North Carolina

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Renters insurance costs in North Carolina vary depending on various factors, including the coverage amount, insurance company and individual circumstances. The average cost of renters insurance in North Carolina is $436 per year or $36 per month for a coverage limit of $40,000 for personal property coverage, $300,000 in liability coverage and a $1000 deductible. These are average rates, and actual premiums may differ.

Key Takeaways

The average cost of renters insurance in North Carolina is $436 per year or $36 per month.
North Carolina Farm Bureau provides the least expensive renters insurance in North Carolina at an average rate of $171 annually.
Renters insurance rates can vary significantly among insurance companies. Compare quotes to find the best deal on renters insurance in North Carolina.

Average renters insurance cost in North Carolina per month

In North Carolina, the average cost of renters insurance is $36 per month. However, the exact premiums may vary based on factors like your location, the value of your belongings, and the amount of coverage you choose. It’s always a good idea to compare quotes from multiple insurers to ensure you get the best deal.

Average renters ins cost per month	Difference compared to national average
$36	$12 more

Average renters insurance cost in North Carolina by company

North Carolina Farm Bureau offers the most affordable renters insurance in North Carolina at an average annual rate of $171, followed by State Farm and Allstate, based on our data.

However, you should get multiple quotes from various renters insurance companies in North Carolina because the prices vary greatly among carriers.

Below, we have compared the average annual and monthly renters insurance rates of insurance companies across North Carolina.

Company	Average annual rate	Average monthly rate
North Carolina Farm Bureau	$171	$14
State Farm	$257	$21
Allstate	$321	$27
Auto-Owners	$328	$27
Erie Insurance	$612	$51
Nationwide	$629	$52
Farmers	$735	$61

Renters insurance calculator in North Carolina

$427/year

Estimated renters insurance rates in North Carolina

$36

Monthly renters insurance cost in North Carolina

58%

Compared to national average

Average cost of renters insurance in North Carolina by coverage level

As we discussed above, the average cost of renters insurance in North Carolina is $436 per year. These rates are for a coverage level of $40,000 for personal property coverage, $300,000 in liability coverage and a $1000 deductible.

However, if you lower the personal property coverage from $40,000 to $20,000, you will pay $232 per year for renters insurance in North Carolina, which provides $300,000 in liability protection with a $1000 deductible.

Below are the average renters insurance costs in North Carolina for personal property coverage amounts of $20,000 and $40,000.

Coverage level	Average annual renters insurance rate	Average monthly renters insurance rate
$20,000 with $500 Deductible and $100,000 Liability	$267	$22
$20,000 with $500 Deductible and $300,000 Liability	$276	$23
$20,000 with $1,000 Deductible and $100,000 Liability	$223	$19
$20,000 with $1,000 Deductible and $300,000 Liability	$232	$19
$40,000 with $500 Deductible and $100,000 Liability	$487	$41
$40,000 with $500 Deductible and $300,000 Liability	$497	$41
$40,000 with $1,000 Deductible and $100,000 Liability	$427	$36
$40,000 with $1,000 Deductible and $300,000 Liability	$436	$36
$60,000 with $500 Deductible and $100,000 Liability	$666	$55
$60,000 with $500 Deductible and $300,000 Liability	$675	$56
$60,000 with $1,000 Deductible and $100,000 Liability	$583	$49
$60,000 with $1,000 Deductible and $300,000 Liability	$593	$49

Average cost of renters insurance in North Carolina by city

Renters insurance rates can vary widely between cities. To make finding the right policy easier, we’ve broken down the costs by city. Discover how much renters insurance typically costs in different areas of North Carolina.

Renters insurance rates in North Carolina by city

See rates in your city

Average cost of renters insurance in North Carolina by ZIP code

Renters insurance costs in North Carolina vary by ZIP code. Below, we’ll cover which ZIP codes have the most affordable coverage and which areas have the highest premiums.

Most affordable ZIP codes for renters insurance in North Carolina

In North Carolina, your ZIP code plays a major role in determining your premiums. Based on our data, 28701 is the most affordable ZIP code for renters insurance, with an average annual cost of $300.

Comparing quotes from multiple insurers in North Carolina is a smart way to find the best renters insurance rates for your ZIP code.

ZIP code	City	Average annual rate	Average monthly rate
28701	Alexander	$300	$25
28704	Arden	$300	$25
28801	Asheville	$300	$25
28709	Barnardsville	$300	$25
28710	Bat Cave	$300	$25
28711	Black Mountain	$300	$25
28715	Candler	$300	$25
28722	Columbus	$300	$25
28726	East Flat Rock	$300	$25
28728	Enka	$300	$25

Least affordable ZIP codes for renters insurance in North Carolina

Your ZIP code, among other factors, affects how much you pay for renters insurance in North Carolina. 28469 is the least affordable ZIP code for North Carolina renters at an average cost of $1,252 a year or $104 monthly.

We have analyzed quotes from the major insurance carriers across all the ZIP codes in North Carolina. Below are the average annual renters insurance costs by ZIP code.

ZIP code	City	Average annual rate	Average monthly rate
28469	Ocean Isle Beach	$1,252	$104
28461	Southport	$1,252	$104
28462	Supply	$1,252	$104
28443	Hampstead	$1,241	$103
28511	Atlantic	$1,236	$103
28512	Atlantic Beach	$1,236	$103
28516	Beaufort	$1,236	$103
28524	Davis	$1,236	$103
28594	Emerald Isle	$1,236	$103
28557	Morehead City	$1,236	$103

Final thoughts: Average renters insurance in North Carolina

Renters insurance is essential for residents of North Carolina. It safeguards possessions against damage from fire, theft, vandalism, and natural disasters, ensuring protection in unforeseen circumstances.

To get the best renters insurance at an affordable price, shop around and compare quotes from various insurance carriers. In addition to insurance premiums, consider factors such as coverage options, deductibles, and customer reviews to make an informed decision.

Shivani Gite

Contributing Writer

Shivani Gite is a personal finance and insurance writer with a degree in journalism and mass communication. She is passionate about making insurance topics easy to understand for people and helping them make better financial decisions.