North Carolina Renters Insurance

Learn more about renters insurance in North Carolina.

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How to get affordable renters insurance in North Carolina

Renters insurance is an important form of insurance. It keeps your belongings safe in the event your rental property suffers damage from a common incident. A renters policy defends personal items against fire or smoke damage, a wind storm, vandalism, theft and a number of other common misfortunes.

Unlike auto insurance, renters insurance isn't governed by state legislation. Even still, there are surprisingly large differences in the cost of renters policies by state. Renters insurance costs by state diverge depending on the value of — and total number of — renters claims made across the state, and depend on the value of the belongings being insured.

Getting renters insurance in North Carolina is less expensive than the nationwide average. The average annual cost of renters insurance in North Carolina is $175, $9 less expensive than the average rate across all US states.

The easiest way to find an affordable renters insurance policy in North Carolina is to compare rates from as many insurance companies as possible. Find out average renters insurance rates in North Carolina via the below breakdown. Your rates may vary, depending on your coverage limits and the valuation of your belongings.

Jump to:
  1. Rates by company
  2. Rates by city
  3. Rates by coverage level
  4. Bundling discounts
  5. Frequently asked questions

Renters insurance prices in North Carolina by company

Renters insurance prices in North Carolina will vary depending on the insurance company you use. AAA offers the most affordable renters policies in North Carolina, at only $108 each year. This is less than the state average rate of $175, offering a 38% discount on rates typical to the state.

Begin your search for cheap renters insurance by reviewing the most affordable North Carolina insurance companies, detailed below.

Insurance CompanyAverage Yearly Rate in North Carolina
North Carolina Farm Bureau$141
State Farm$168

North Carolina renters insurance costs by city

Not all North Carolina cities have equal renters insurance rates. Policy pricing depends on city-specific variables, such as the number of claims filed nearby, meaning your specific ZIP code impact how much you pay.

The most affordable renters insurance rates in North Carolina are available in Asheville. An average renters insurance policy in Asheville costs just $122 per year — $12 less than the statewide average. The below table shows the best places to live in North Carolina if you’re looking for cheap renters insurance.

CityAverage Yearly Renters Insurance Rate
Chapel Hill$133

Are you looking for renters insurance info for a specific city? Have a look at our breakdown of the biggest cities in North Carolina.

  1. Charlotte
  2. Durham
  3. Greensboro
  4. Raleigh
  5. Winston-Salem


Renters insurance in NC by coverage tier

The cost of your renters insurance depends on the amount of coverage you carry. Two of the most common levels of renters insurance coverage are $25,000 and $50,000 property coverage. In North Carolina, the annual cost difference between these tiers is about $104. If you can afford the up-front expense, it's an option worth considering.

Coverage LevelAverage Annual Renters Insurance Rate in North Carolina
$25K Property$123
$50K Property$227

Tip: bundle auto and renters insurance in North Carolina

If you're trying to save, consider purchasing both your renters and auto insurance policies from one company. A renters and car insurance bundle in North Carolina can lead to substantial savings on your auto insurance bill. In fact, bundling policies in North Carolina may earn you yearly savings of $40.

Avg. Annual Rate (No Bundle)Avg. Annual Rate (w/ Bundle)Annual Savings ($)Annual Savings (%)

North Carolina renters insurance FAQs


Is renters insurance required in North Carolina?

In North Carolina, your landlord will likely require you to have a renters policy, not the state. There is no state law that compels renters to have renters insurance, but it's an inexpensive way to safeguard your personal items should something happen to the rental.

What does North Carolina renters insurance cover?

In North Carolina, renters insurance will replace personal belongings should they be destroyed, lost, or stolen. Most policies will also provide liability coverage, medical payments to others, and will cover temporary housing costs should your home be unihabitable.

Need renters insurance? Talk to an expert today.
Kristine Lee
Kristine Lee LinkedIn

Kristine is a licensed insurance agent and one of The Zebra’s in-house content strategists. With a background in copywriting, she covers the ins and outs of the home and car insurance industries. She has contributed to numerous publications focused on the nuances of insurance, including Automoblog,, and