Despite the national economy North Carolina is still a wonderful place to own a home and we have homeowners insurance products and companies for every shape, size, and property value. Because of the variety of home and land values around the state, the market value of your home may not necessarily be the "replacement cost" of your home. If you live on Lake Norman in Mooresville or Cornelius, North Carolina, for example, the value of the lot your house is on may represent a significant portion of your market value, but you do not need to include that in your insurance coverage. On the other hand, if you are in an older neighborhood in Charlotte, your home my cost more to rebuild than what you may have paid for it. Different insurance policies have different limitations on the replacement cost coverage. The standard homeowner insurance policy you will get from most companies in North Carolina includes 125% replacement cost. Most of our home insurance companies, however, offer at least 150% and some even have an Unconditional Replacement Cost guarantee which makes it virtually impossible to ever be underinsured.
Use our instant online quote engine to compare home insurance rates from the top carriers in NC. If you have questions about the value to be insured or you would like to discuss your needs in more detail, feel free to give us a call or you can request to be contacted when completing your quote form. Don’t forget to submit a request for an auto quote in order to take advantage of all available multi-policy discounts!