Best Cheap Homeowners Insurance In Wilmington, NC 2025

In Wilmington, State Farm provides the cheapest policy, with average annual rates of $2,675. However, keep in mind that the best insurer for you may vary based on your unique circumstances and requirements.

Wilmington experiences approximately 4,000 residential burglaries annually. Additionally, Wilmington’s rates climb with severe weather risks like hurricanes, flooding, severe thunderstorms and tornadoes, and rising rebuild costs.

To help people navigate the tough home insurance market, I researched several options to find you the best and cheapest home insurance companies in Wilmington, NC.

Cheapest Homeowners Insurance In Wilmington – State Farm

State Farm is the cheapest overall carrier for homeowners insurance in Wilmington, NC, with an average annual rate of $2,675.

Cheapest Homeowners Insurance In Wilmington If You Have Poor Credit – Heritage Insurance

If your credit score is poor, Heritage Insurance provides the most affordable solution, with an average annual rate of $6,400.

Cheapest Homeowners Insurance In Wilmington For Older Homes – Heritage Insurance

For those with older homes, Heritage Insurance offers the cheapest rates, averaging $4,905 per year.

Older homes often come with unique risks and maintenance issues, which can drive up insurance costs.

Cheapest Homeowners Insurance For Newly Constructed Homes – Universal North America

If you’re the proud owner of a newly constructed home, Universal North America offers the most cost-effective solution, with an average annual rate of $2,349.

Cheapest Home Insurance In Wilmington For A History Of Claims – Heritage Insurance

For homeowners with a history of claims, Heritage Insurance provides an affordable solution, with an average annual rate of $5,186.

A history of claims can raise red flags for insurers, often leading to higher premiums.

Best Homeowners Insurance Companies In Wilmington, NC

To make your decision-making process easier, we’ve compiled a list of the top homeowners insurance companies in Wilmington, NC. These companies have been assessed based on their annual premiums, coverage options, customer satisfaction ratings, and overall reliability.

Take a look at our comparison chart below and find the perfect fit for your home insurance needs.

How Much Is Homeowners Insurance In Wilmington, NC?

The average cost of home insurance in Wilmington is approximately $3,421 per year. It’s important to understand that rates are not a one-size-fits-all matter. They can fluctuate significantly based on a myriad of factors.

As you can see below, rates in Wilmington are more expensive than the National average and the North Carolina State average.

Average Wilmington Home Insurance Rates By ZIP Code

The cost of homeowners insurance in Wilmington, NC, can vary significantly based on the ZIP code.

The table below showcases average rates for different zip codes in Wilmington.

Cheapest ZIP Codes For Home Insurance In Wilmington

At $1,520 per year, the ZIP code 28403 is the cheapest average ZIP code for home insurance in Wilmington.

Most Expensive ZIP Codes For Home Insurance In Wilmington

The most expensive ZIP code in Wilmington is 28408, at an average annual premium of $7,120.

Average Home Insurance Rates In Wilmington, NC, By Deductible Amount

The deductible amount chosen for a homeowners insurance policy significantly affects the premium rates in Wilmington, NC. Generally, a higher deductible means lower premiums, but you’ll pay more out of pocket if you need to make a claim.

Here’s how the average home insurance rates in Wilmington fluctuate with insurers for different deductible amounts:

Average Home Insurance Rates In Wilmington, NC, By Coverage Amount

One of the key components that influences your premium is the dwelling coverage amount. This is the maximum amount your insurance company will pay to rebuild or repair your home if it’s damaged or destroyed.

The table below outlines the average annual homeowners insurance premiums for different dwelling coverage amounts.

Compare Home Insurance Rates To Other Cities In North Carolina

The following table shows the average rates of home insurance across various cities in North Carolina.

Bundle Home With Auto Insurance

Bundling your homeowner’s insurance with your auto insurance is a popular way to lower premiums. Many insurance providers offer discounts when you combine multiple policies, as they see it as an opportunity to retain you as a customer across different types of coverage. The savings from bundling can vary, but it’s common to see discounts ranging from 6% to 8% on your home insurance premium.

This method can be especially useful for homeowners who already have an auto insurance policy. By consolidating both policies with the same insurer, you simplify your insurance management and may receive better overall customer service. In addition to lower premiums, bundling may also provide more flexible payment options and potentially higher coverage limits.

Before deciding to bundle, it’s important to compare the total cost of bundling with the cost of purchasing separate policies. While bundling may offer discounts, it’s still worth ensuring that each individual policy provides the coverage you need at a reasonable rate.

How To Get Homeowners Insurance In North Carolina

With informative sites like Insuranceopedia, finding the best coverage for your unique needs is just a few clicks away. By providing quick online quotes from a variety of top-rated insurers, Insuranceopedia helps you to compare rates at a glance.

Just input your details and let us do the hard work, presenting you with a range of options tailored to your requirements. This way, you can confidently choose a policy that offers the highest value, balancing cost with comprehensive coverage.