{"id":1753,"date":"2019-10-24T20:59:08","date_gmt":"2019-10-24T20:59:08","guid":{"rendered":"https:\/\/www.homeinsuranceking.com\/blog\/?p=1753"},"modified":"2019-10-24T21:06:26","modified_gmt":"2019-10-24T21:06:26","slug":"north-carolina-homeowners-will-see-a-rate-increase-this-year","status":"publish","type":"post","link":"https:\/\/www.gethomeinsurancequotes.com\/blog\/north-carolina-homeowners-will-see-a-rate-increase-this-year\/","title":{"rendered":"North Carolina Homeowners Will See a Rate Increase This Year"},"content":{"rendered":"\n
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Roanoke Marshes Lighthouse – Manteo NC (Dare County, North Carolina) <\/figcaption><\/figure>\n\n\n\n

North Carolina homeowners will be experiencing higher premiums for homeowners insurance<\/a> starting next spring, but the pain is nowhere near as bad as it could have been. Mike Causey, North Carolina\u2019s Insurance Commissioner managed to negotiate the rate increase requested by the North Carolina Rate Bureau<\/a> (the insurance industry\u2019s lobby) from an average 17 percent increase to an average increase of only 4 percent.<\/p>\n\n\n\n

Obviously, the rate increase will absolutely depend on where your home is located. Coastal dwellers<\/a> will pay a much higher rate increase than homeowners who live further inland. According to the Insurance Commissioners office, the biggest rate increases will happen in Duplin<\/a> and Lenoir<\/a> counties, both of which were hit hard by recent hurricanes. These counties will see an average increase of 9.8 percent while inland counties such as Cherokee<\/a> and Clay<\/a> will see a slight decrease.<\/p>\n\n\n\n

Who\u2019s Paying the Most for Homeowners Insurance<\/strong><\/h2>\n\n\n\n

While most North Carolina homeowners will see a rate increase this year, there are vast differences in the premium paid for homeowners insurance across the state. Here is a quick look at the least and most expensive zip codes for homeowners insurance in North Carolina<\/a>. Prices are from Insurance.com data and are based on $200,000 dwelling coverage, a $1,000 deductible and $100,000 in liability coverage:<\/p>\n\n\n\n

The most expensive ZIP codes in North Carolina for homeowners insurance:<\/p>\n\n\n\n