Charlotte Homeowners Insurance

The Zebra
Aug. 26, 2019

Find affordable home insurance in Charlotte


A critical consideration for every homeowner should be their home insurance coverage. It covers your dwelling — and the personal property within it — against a variety of perils, including fire, theft, vandalism, or wind damage. With the relative frequency of such perils -- along with the high cost of rebuilding or repairing a home -- purchasing home insurance is a sound investment.

The cost of home insurance coverage depends on myriad factors, including the value of the dwelling, the value of your personal items, and the materials used to construct the home. The location of your home can also play a large role in home much you pay for homeowners insurance. Some areas are more susceptible to perils like fire, hail, frozen pipes, volcanoes, or other hazards. These can make your insurance policy even more expensive. Learn more about the specifics of home insurance coverage.

Finding the cheapest home insurance in Charlotte starts with shopping around and comparing policies. Take a look at the summary below showing average home insurance premiums in Charlotte to help you get as much information as possible when you start your search for homeowners insurance. It's important to remember that the cost of your homeowners insurance is often based on the coverage limits you choose as well as a variety of other factors.


Charlotte, North Carolina, homeowners insurance:
  1. Rates by company
  2. Rates by coverage level
  3. Rates by ZIP code
  4. Insurance bundle discounts

Home insurance in Charlotte by insurance company

Homeowners insurance rates in Charlotte vary from one insurance company to another. The most inexpensive home insurance in Charlotte comes from Safeco, which offers average annual rates of just $661 per year. This is more favorable than the city’s average home insurance premium of $1,195.

Have a look at the cheapest insurance companies in Charlotte, North Carolina to find the best home policy for your needs.


CHEAP HOME INSURANCE COMPANIES IN CHARLOTTE
CompanyAverage Annual Rate
Safeco$661
North Carolina Farm Bureau$864
Liberty Mutual$894
Nationwide$1,005
Erie$1,036

Average home insurance costs in Charlotte by coverage level

How much you spend on home insurance coverage is greatly impacted by the level of coverage you choose. Homeowners in Charlotte who carry $200K in dwelling coverage pay an average of $796 per year, while those with coverage up to $400K pay around $1,595 per year.


HOMEOWNERS INSURANCE RATES IN CHARLOTTE — POPULAR COVERAGE LIMITS
Coverage LevelAverage Annual Rate
$200K Dwelling$796
$400K Dwelling$1,595

Speak with a homeowners insurance expert

Charlotte home insurance rates by ZIP code

Not every area of Charlotte has equal home insurance premiums. Policies are often priced on local variables such as the number of claims filed in the immediate area, meaning the neighborhood in which you live could have a major impact on how much you pay to insure your home.

To find the cheapest home insurance rates in Charlotte, look no further than 28105. In the 28105 area, homeowners coverage usually costs just $1,195 per year — a full $0 less than the Charlotte average. If you’re looking for the areas with the most affordable homeowners premiums in Charlotte, have a look at the table below.


AFFORDABLE ZIP CODES FOR HOMEOWNERS INSURANCE IN CHARLOTTE
ZIP CodeAverage Annual Home Insurance Rate
28105$1,195
28202$1,195
28203$1,195

On the other hand, some areas of Charlotte face higher homeowners insurance costs, on average. These parts of town could be more susceptible to perils such as theft, severe weather, or fires that present more risk for insurance companies. With an annual average premium of $1,195, 28105 comes in as the priciest ZIP code in Charlotte for home insurance.


EXPENSIVE AREAS FOR HOMEOWNERS INSURANCE IN CHARLOTTE
ZIP CodeAverage Annual Home Insurance Rate
28105$1,195
28202$1,195
28203$1,195

Looking for a money-saving tip for insurance in Charlotte? Try bundling

You might want to consider purchasing your auto and home insurance policies through the same company if saving money is one of your concerns. Bundling homeowners and auto insurance is one way to save substantially on your monthly car insurance premiums. By bundling your policies, Charlotte homeowners could see annual savings of 12% on average.


CHEAPEST AUTO INSURANCE RATES WITH HOME BUNDLE IN CHARLOTTE
CompanyAvg. Annual Auto Insurance Rate (Bundle)
GEICO$1,216
American Family$1,425
Allstate$1,623
Farmers$1,662
Liberty$1,876

It's definitely worth considering bundling both your auto and home policies as a potential way of saving money. Call 855-493-9728 to speak with an insurance expert today.


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