Greensboro Homeowners Insurance

The Zebra
Aug. 26, 2019

How to find cheap homeowners insurance in Greensboro


Home insurance is a hugely important part of owning a home. Homeowners coverage protects you against fire, wind damage, and theft for your home and the contents inside it. Events like this occur regularly. When paired with the high cost of repairing or rebuilding a home, purchasing an expansive homeowners policy can seem like a great idea.

What you pay for homeowners insurance depends on many factors. This can include the overall value of your house, the value of your personal belongings, and the materials that were used when building your home. Your home's location can also impact how much you pay, as some locations are more prone to destructive hazards. If your area is at risk of being affected by hail, strong winds, fire, frozen pipes, or volcanic activity, then your premiums could be substantially higher than average. Find out more info about the specifics of home insurance coverage.

Finding affordable home insurance in Greensboro starts with shopping around and comparing policies. Check out the below summary of average home insurance premiums in Greensboro to begin your homeowners insurance search with as much knowledge as you can. 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.


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

Homeowners insurance in Greensboro by insurance company

What you pay for homeowners insurance in Greensboro will depend on the insurance company you get your policy through. Safeco offers the most affordable home insurance in Greensboro, at just $661 per year. This compares favorably to the city’s average homeowners premium of $1,135.

Below you'll find a list of the cheapest homeowners insurance companies in Greensboro, North Carolina to help you start your search.


AFFORDABLE HOME INSURANCE COMPANIES IN GREENSBORO
CompanyAverage Annual Rate
Safeco$661
North Carolina Farm Bureau$886
Liberty Mutual$918
Nationwide$964
Erie$1,011

Average homeowners insurance costs in Greensboro by coverage level

Your chosen amount of homeowners coverage determines the insurance premiums you pay . Homeowners in Greensboro who carry $200K in dwelling coverage pay an average of $757 per year, while those with coverage up to $400K pay around $1,513 per year.


HOMEOWNERS INSURANCE RATES IN GREENSBORO — POPULAR COVERAGE LIMITS
Coverage LevelAverage Annual Rate
$200K Dwelling$757
$400K Dwelling$1,513

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Greensboro home insurance rates by ZIP code

Homeowners insurance costs can vary depending on what area of Greensboro in which you live. 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.

The cheapest home insurance rates in Greensboro are available in 27407. In 27407, the typical home insurance policy costs $1,134 per year — $0 less than the citywide average in Greensboro. The below table shows the best places to live in Greensboro if you’re looking for affordable homeowners insurance.


AFFORDABLE ZIP CODES FOR HOMEOWNERS INSURANCE IN GREENSBORO
ZIP CodeAverage Annual Home Insurance Rate
27407$1,134
27406$1,135
27301$1,135

Other areas of Greensboro, however, face homeowners rates that surpass the city average . Crime rates, fire risk, and even your proximity to emergency services such as fire and police stations could impact rates the risk level of certain parts of the city, which has the potential to drive up premiums in the area. One of the costliest ZIP codes for home insurance in Greensboro is 27301, with an annual average rate of $1,135.


EXPENSIVE AREAS FOR HOMEOWNERS INSURANCE IN GREENSBORO
ZIP CodeAverage Annual Home Insurance Rate
27301$1,135
27401$1,135
27403$1,135

Money-saving tip: bundle home and auto insurance in Greensboro

One way to save on insurance costs is to think about bundling your homeowners and auto insurance policies through the same company. Bundling your homeowners and auto insurance can be a good money-saving option. In fact, bundling policies in Greensboro leads to average annual savings of 6%.


CHEAPEST AUTO INSURANCE RATES WITH HOME BUNDLE IN GREENSBORO
CompanyAvg. Annual Auto Insurance Rate (Bundle)
GEICO$535
State Farm$639
North Carolina Farm Bureau$752
Erie$781
AmTrust NGH$880

It's definitely worth considering bundling both your auto and home policies as a potential way of saving money. To speak with an insurance expert, give us a call at 855-493-9728 today.


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