Cheapest Homeowners Insurance In Jacksonville, NC

State Farm offers Jacksonville residents the cheapest home insurance policy.

min read
Updated: 08 January 2024
Written by
Bob Phillips
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Jacksonville, North Carolina, has often seen severe weather including hurricanes and tornadoes. Such severe weather will cause a great deal of damage to cities, including the homes – which is why homeowners in Jacksonville should consider insuring their homes. Not only is weather a threat, the residents of Jacksonville are also at risk of having crimes committed against their property, such as vandalism.

On average, homeowners in Jacksonville could see annual insurance costs of over $6,000. This is a significant jump when you learn that the annual state average for home insurance in $1,500. So, it doesn’t really come as a surprise to discover that homeowners in Jacksonville are on the lookout for the cheapest home insurance policies, along with some good coverage.

This is why we’ve taken the liberty to help out the residents of Jacksonville, and compiled a list of the best, and cheapest insurance rates available. After an in-depth analysis, we found that the company with the most competitive rates, offering the best policies in Jacksonville, is State Farm – at an annual cost of $2,807.

Although State Farm are the best insurer overall, a person’s individual circumstances may mean that a different insurer is more suitable for them. During our research, we found that Universal North America offer the best rates for newly constructed homes, whereas Allstate is more appropriate for homeowners in need of additional coverage for their personal property.

Additionally, we found that USAA offers a fantastic policy for military members and their families. The best customer support can be found with North Carolina Farm Bureau, whereas Heritage offers the best policies for homeowners with a poor credit score.

Cheapest Home Insurance In Jacksonville, NC 2024

Cheapest Home Insurance, Jacksonville 2024

Compare The Cheapest Home Insurance Companies In Jacksonville, NC

Overall Rating Best For J.D. Power Rating Average Annual Cost AM Best Rating Get A Quote
State Farm
4.9

Cheapest Overall

829

$2,823

A++

Instant Quote
Universal North America
4.6

Newly Constructed Homes

Not Rated

$2,478

B++

Instant Quote
Allstate
4.7

Extra Personal Property Coverage

815

$4,824

A++

Instant Quote
USAA
4.9

Military Families

884

$2,773

A++

Instant Quote
North Carolina Farm Bureau
4.5

Customer Service

Not Rated

$2,872

A

Instant Quote
Heritage
4.4

Poor Credit

Not Rated

$4,716

Not Rated

Instant Quote
Scroll to see comparisons

Our Methodology

To find out which insurer offers the cheapest home insurance in Jacksonville, our team carried out a comprehensive deep dive into the numerous findings obtained from multiple review websites, with some findings including rates from public filings taken by Quadrant Information Services. For the purpose of this review, we’ve taken an average from these rates, however, it’s important to recognize that the rates of each company can differ, and their rates will change depending on your situation.

My own subjective opinion also played a subjective role in this review, which is based on my experiences working as a licensed insurance agent, along with over three decades of purchasing it.

43

Quotes Analyzed

15+

Years Of Industry Experience

14

Brands Reviewed

24+

Research Hours

Best Cheap Home Insurance Companies In Jacksonville, NC


Cheapest Overall

Overall Rating
4.9

Key Statistics

10/10 Affordability
9/10 Customer Reviews
9/10 Claims/payouts
10/10 Coverage Level

Why We Like Them

When analyzing different home insurance providers in Jacksonville, N.C., we found that the cheapest overall was State Farm, despite its size and high overheads that come with maintaining multiple offices across North Carolina. Their cheap rates and excellent policies, irrespective of the dwelling coverage you select, also make State Farm the best overall homeowners insurance provider in Jacksonville.

The rate quoted above is for a $250,000 dwelling coverage limit, which is on average the amount of coverage purchased in North Carolina. For higher dwelling coverage limits, State Farm still come in at no.1 for having the lowest rates – up to as high as $3 million.

Benefits & Drawbacks

Benefits
  • Several agents in Jacksonville to assist with claims and support
  • Lowest rates of all the providers analyzed
Drawbacks
  • Fewer discounts available in comparison to other providers
  • Discounts for first-time homebuyers not available
  • Discounts for policyholders who haven’t claimed are unavailable

Cheapest Overall Rates In Jacksonville

Company Rate Per Year
State Farm $2,823
Universal North America $2,478
Travelers $3,737
Allstate $4,314
Heritage $4,472

Best For Newly Built Houses

Overall Rating
4.6

Key Statistics

10/10 Affordability
9/10 Customer Reviews
8/10 Claims/payouts
8/10 Coverage Level

Why We Like Them

Universal North America offers the best rates across all price categories, but more so for newly constructed homes. Buying home insurance for a newly constructed property in Jacksonville costs significantly less than buying a policy for an older building. This is because newly built homes are less of a risk to providers due to materials used in modern buildings being less prone to damage, and that they are easier to replace.

For instance, a newly constructed home in 2023 in Jacksonville costs over $5,000 per year to insure. Compare this with the annual average rate of $6,500 for a home built in 2000. Out of all the providers we looked into, Universal North America did come without a J.D. Power ranking for customer satisfaction, and the lowest AM Best Rating (B++ Very Good).

Benefits & Drawbacks

Benefits
  • Lowest rates in Jacksonville for insuring newly constructed homes
  • Large number of policyholders in North Carolina
Drawbacks
  • Lowest AM Best rating of all the insurers we analyzed
  • No rating by J.D. Powers for customer satisfaction levels

Cheapest Overall For Newly Constructed Homes

Company Rate Per Year
Universal North America $2,481
Travelers $3,142
Allstate $3,558
Heritage $3,812
MetLife $3,953

Best For Extra Personal Property Coverage

Overall Rating
4.7

Key Statistics

10/10 Affordability
10/10 Customer Reviews
8/10 Claims/payouts
9/10 Coverage Level

Why We Like Them

While researching providers and looking for the cheapest home insurance policies in Jacksonville, we found that Allstate was the best provider for additional personal property coverage. Allstate also offer competitive rates for standard dwelling coverage, and additional coverage for homeowners with houses of a higher value, who pay an increased amount for personal property.

A standard homeowner’s policy does provide a basic coverage for personal belongings, although not quite enough for policyholders with expensive artwork, antiques, and electronics. In Jacksonville, it costs a policyholder an annual rate of $6,565 for personal property limits of $100,000, yet this increases to $7,555 annually when limits are raised to $250,000.

Benefits & Drawbacks

Benefits
  • Consistent positive customer satisfaction reviews from J.D. Powers
  • Strong presence in Jacksonville for both sales and service
  • Discounts available on policies
Drawbacks
  • Lower than average J.D. Powers homeowners’ insurance customer satisfaction score

Cheapest Overall Rates In Jacksonville

Company Rate Per Year
Allstate $4,841
Travelers $4,956
Heritage $5,714
MetLife $5,858
Auto-Owners $6,335

Cheapest For Military Families

Overall Rating
4.9

Key Statistics

10/10 Affordability
10/10 Customer Reviews
8/10 Claims/payouts
9/10 Coverage Level

Why We Like Them

Research shows that the state of North Carolina ranks fourth in the US for the most active members in the military. A separate 2018 study, by Carolina Demography, discovered that there were almost 700,000 veterans residing in The Tar Heel State. Residents falling into either of these categories, looking to purchase a home insurance policy are eligible to become a member of USAA, and thus able to apply for USAA’s home insurance policy.

USAA may be limited in who can apply, however, they consistently rank high for customer satisfaction, including a high percentage of customers returning to renew their policies. Being a part of the military community is important to service members, both current and retired, and USAA is a reputable insurer with fantastic customer service, and its competitive rates available to its loyal customers.

Benefits & Drawbacks

Benefits
  • High-value home coverage available
  • Membership includes access to other USAA services
  • Additional coverage available to replace military uniforms
Drawbacks
  • Limited in its eligible applicants
  • Getting a quote requires an active USAA membership

Cheapest Rates For Military Families

Company Rate Per Year
USAA $2,756
State Farm $2,832
Universal North America $3,127
Travelers $3,873
Allstate $4,149

Best For Customer Service

Overall Rating
4.5

Key Statistics

9/10 Affordability
10/10 Customer Reviews
8/10 Claims/payouts
8/10 Coverage Level

Why We Like Them

For homeowners in Jacksonville looking to buy an insurance policy with a local provider, with good customer support, we suggest checking out North Carolina Farm Bureau. North Carolina Farm Bureau is the second largest provider for home insurance in its state, with a strong network of licensed agents wanting to serve the people of Jacksonville, as well as North Carolina.

There is no online quote tool available with North Carolina Farm Bureau, but they do have an AM Best financial strength rating of A (Excellent). This reward is important to have when it comes to filing a claim.

Benefits & Drawbacks

Benefits
  • Excellent customer service provided by licensed, local agents
  • Most competitive rates across North Carolina
Drawbacks
  • No online quote tool available
  • Limited discounts available for its customers

Cheapest Homeowners Insurance For Customer Service

Company Rate Per Year
North Carolina Farm Bureau $2,914
Universal North America $3,185
Travelers $3,896
Allstate $4,193
MetLife $5,876

Best For Poor Credit

Overall Rating
4.4

Key Statistics

9/10 Affordability
9/10 Customer Reviews
9/10 Claims/payouts
9/10 Coverage Level

Why We Like Them

The state of North Carolina allows your credit score to be checked by insurers when calculating your rates, including the residents of Jacksonville. If you have a bad credit score, then your premiums will be higher, however, if you have a good credit history, your premiums will be lower.

A homeowner could pay an annual rate of $11,000 for their insurance if they have a bad credit score, whereas a homeowner with a good credit score will pay up to $6,500. If your credit score improves whilst you’re a policyholder, then an insurer may reassess your premiums.

Benefits & Drawbacks

Benefits
  • Lowest rates for people with a poor credit score
Drawbacks
  • No rating by either J.D. Powers or AM Best
  • Ability to financially withstand more than one claim at once is currently not known

Cheapest Rates For People With Poor Credit

Company Rate Per Year
Heritage $4,932
Universal North America $4,916
Travelers $5,324
Auto-Owners Insurance Co. $5,614
State Farm $5,912

How To Decide On The Best Provider For You

To determine the most affordable insurance in Jacksonville, we suggest that you take the time to research your options. There are many providers who offer affordable policies with good coverage, and we chose six of the best in Jacksonville. Consider the following when reviewing your options.

Consider your property: When applying for a policy, you will be required to provide quite specific information on your home. This will include information such as the age of the home in question, building materials, and the age of the roof. Have these details readily available when applying, so that you can provide the insurer with accurate information.

Consider insurers: Make sure to choose wisely when purchasing insurance, as it important to make sure that the provider can meet your requirements. You should start by looking at the websites of your chosen providers. If you’d much rather take care of insurance business online, find a company whose site allows you to perform tasks such as paying your premium, and filing claims. If you would rather an in-person conversation, choose an insurer with local Agents in Jacksonville.

Gather quotes: We suggest you receive quotes from a few insure so that you can make a more informed decision. You can get quotes either online or via an agent, depending on the company. Make sure that each of your requests are identical so that you can compare their rates accurately.

Choose the company that best suits your requirements: Every individual’s situation is unique, meaning some providers will be better suited to your needs. There are insurers who offer good discounts, and others that may offer a better customer service experience. Do your own analysis and compare quotes to help you decide which provider is best for you.

Largest Home Insurance Companies In North Carolina

Rank Insurance Company Direct Premiums Written
1 State Farm $513 Billion
2 North Carolina Farm Bureau $377 Billion
3 USAA $130 Billion
4 Allstate $122 Billion
5 Erie $103 Billion

Average Cost Of Home Insurance In Jacksonville, NC

In comparison to the average rates in North Carolina, and the whole of the United States, Jacksonville does indeed have high premiums. Fortunately, all major providers, including other much smaller providers, can be found in North Carolina. Here are the average annual costs for five of the major providers in Jacksonville.

Company Rate Per Year
State Farm $2,816
Universal North America $3,154
Travelers $3,818
Allstate $4,153
Heritage $4,925

Average Cost Of Home Insurance By ZIP Code (Coastal North Carolina)

Zip Code Average yearly cost
28574 $10,244
28516 $19,213
28540 $10,278
28478 $10,645
28462 $11,567

Average Cost Of Home Insurance In North Carolina By Coverage Amounts

Dwelling coverage amount Average yearly cost
$100,000 $681
$200,000 $1,143
$300,000 $1,658
$400,000 $2,140

Average Cost Of Home Insurance In North Carolina By Deductible Amount

Deductible amount Average yearly cost
$500 $1,836
$1,000 $1,673
$2,000 $1,537

How To Get An Online Home Insurance Quote In Jacksonville

Received a quote online for a home insurance policy in Jacksonville can be done in the following four steps:

Step One: Figure out how much coverage is needed. Walk throughout your home and take a detailed inventory. Recording a video of your personal belongings has also proven to be helpful in the event of having to file a claim.

Step Two: Choose three companies to get quotes from. You can contact three providers and request a quote, either by asking an agent, or by using an online tool.

Step Three: Make sure you’re receiving an apples-to-apples quote from each of the insurance companies contacted. The coverage limits and deductible should be the same for you to make a fair decision.

Step Four: Decide which insurer you think will be best suited to your needs, and then begin an application.

Factors That Impact The Cost Of Your Home Insurance Policy In Jacksonville

Home insurance providers consider different factors when determining how much of a risk they believe you to be. If an insurer believes you to be high risk, you will find that your premiums will be much higher. We’ve listed the various factors that can influence your rates.

Location. Home insurance providers will investigate things as specific as your ZIP code. This means that if you live in an area of Jacksonville where there is a high number of claims submitted, the insurance company will charge you more.

Coverage amount. The value of your home and the contents inside, including how much they are insured for, will increase your rates.

Credit history. Home insurance providers in the state of North Carolina can look at your credit score to determine your rates. Providers will charge a higher rate for bad credit as, statistically, a person with a bad credit history tends to mean they are more likely to file a claim.

Claims history. If you’ve submitted a claim in the past, providers have found that there is a higher chance that you will file a claim again.

Your home’s age. Home insurance companies consider the age of your home, as the older it is, the higher the chance that the materials used will lead to electrical or plumbing problems. This can ultimately result in potential water or fire hazards, which means a larger claim.

Deductible. The higher your deductible, the lower the rates. When applying for an insurance policy, make sure that you opt for a deductible affordable to you.

For Jacksonville residents, there is always the risk of a tropical storm hitting, causing damage to their homes. It’s because of this that rates in Jacksonville are some of the highest in North Carolina.

North Carolina Home Insurance Laws To Know

Buying home insurance is not mandatory in North Carolina, but it may be a requirement for people with a mortgage, or anyone belonging to a Homeowners Association (HOA).

In The News

ABC affiliate, WTVD, reported in Raleigh that North Carolina homeowners are constantly seeing their insurance rates rise. This is partly down to lumber costs rising by 21% over the last year, along with roof costs being 22% higher. A 2023 report predicted a 9% increase in home insurance rates for this year.

Information About Jacksonville

Jacksonville is home to MarineCorps Base Camp Lejeune and Marine Corps Air Station New River. Also known as ‘Tree City’, an honor granted to the city by national Arbor Day Association for planting trees and creating green space for its residents and tourists alike. Within the past few years, Jacksonville’s sports events and festivals have grown, bringing in tourists from around the world.

Things to do in Jacksonville include, Lejeune Memorial Gardens, The Kettle Diner, and Walton’s Distillery.

Home Insurance Discounts In Jacksonville

Jacksonville’s home insurance rates may be high, however, there are multiple discounts available for homeowners to take advantage of. Consider these when discussing your options with your local agent, as they may save you money.

Your house could have features that make them eligible for a discount. These include:

New or renovated home discount. If your house has recently been constructed or renovated, then it could be eligible for a discount as they are less likely to fail.

Disaster preparedness discount. An area like Jacksonville is prone to storms. A discount may be offered to you if you are living here and are taking preventative measures to reduce risk of damage should a storm hit. These include implementing storm shutters, reinforcing doors, and adding shatterproof glass.

Safety and security discounts. Discounts may be offered to homeowners who apply smoke detectors, fire alarms, burglar alarms, water shut-off devices, fire extinguishers, and deadbolts on exterior doors.

Proximity to a fire hydrant or fire department. Your provider may offer a discount if you live close-by to fire-damage control resources, such as a fire hydrant.

Roof age discount. Roof repair costs are significant loss-leaders for home insurance companies. USAA offer discounts based on the age of your roof.

Military discounts. If you are actively in the military, retired from the military, or the spouse or child of a military member, you may be eligible for a discount.

Employment, organization, and association discounts. Home insurance companies may offer a discount for people working with certain industries, such as educators. You may also qualify if you are a union, organization, or professional association member.

Seniors or retirees. Some home insurance companies will offer a price break if you’re retired or over the age of 55 and working part-time. To be eligible for a discount, the home in question must be your primary residence, you must be over the age of 55, and work outside of your home for less than 24 hours a week.

Bundling discount. You may receive a discount for having several policies with the same home insurance provider.

You can also save money on your home insurance by increasing your deductible and keeping a good credit score.

FAQs

How much is homeowners insurance in Jacksonville?

Homeowners insurance in Jacksonville averages an annual rate of around $6,500, compared to the state average annual rate of $1,500. Our research found that in Jacksonville, State Farm offers the least expensive and best overall insurance premiums at $2,807 per year.

Why is homeowners insurance so expensive in Jacksonville?

Home insurance rates are higher in Jacksonville because of its risk of being hit by tropical storms.

Who is the largest home insurer in Jacksonville?

State Farm is the biggest insurance provider in the United States, including Jacksonville.

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