North Carolina Homeowners Insurance: Factors to Weigh Before Making a Choice

Homeownership is a significant milestone, but with it comes the responsibility of protecting your investment. One of the best ways to safeguard your home is by securing a robust homeowners insurance policy. In North Carolina, homeowners insurance is crucial due to the state’s diverse weather conditions and natural risks. Here’s what you need to consider before choosing a North Carolina homeowners insurance policy.

1. Understanding the Basics of Homeowners Insurance

Before diving into specifics, it’s essential to understand what homeowners insurance covers. Typically, a standard policy includes:

  • Dwelling Coverage: Protects the structure of your home.
  • Personal Property Coverage: Covers your belongings inside the house.
  • Liability Protection: Provides coverage if someone is injured on your property.
  • Additional Living Expenses (ALE): Covers costs if you need to live elsewhere temporarily due to damage to your home.

2. Assessing Your Home’s Value and Contents

To determine the appropriate coverage, you need to assess the value of your home and its contents. Make a detailed inventory of your belongings and estimate their worth. This will help ensure that your personal property coverage is adequate.

3. Evaluating Local Risks

North Carolina is prone to specific natural hazards like hurricanes, floods, and tornadoes. While standard policies typically cover wind damage, they might exclude flood damage. Consider the geographical risks in your area and look into additional coverage options like flood insurance.

4. Comparing Policy Features and Coverage Options

Not all insurance policies are created equal. Compare the features and coverage options of different policies. Pay attention to:

  • Coverage Limits: Ensure the policy covers the full cost of rebuilding your home.
  • Deductibles: Higher deductibles can lower your premiums but increase out-of-pocket costs during a claim.
  • Exclusions: Understand what is not covered by the policy to avoid surprises later.

5. Considering the Cost of Premiums

While it’s tempting to choose the cheapest policy, cost should not be the only factor. Look for a policy that offers the best value—comprehensive coverage at a reasonable price. Ask about discounts for bundling policies, installing security systems, or having a claims-free history.

6. Reviewing the Insurance Provider’s Reputation

The reputation and reliability of the insurance provider are crucial. Research customer reviews, check ratings from independent agencies, and consider the company’s financial stability. A provider with a strong track record is more likely to offer excellent service and prompt claim settlements.

7. Personal Service and Support

Personalized service can make a significant difference when dealing with insurance. Choose an insurance provider that offers dedicated support and is willing to help you understand your policy options. At Gary Bacon Insurance, we pride ourselves on over twenty years of experience, offering personal service and the best insurance rates. Contact us today for tailored advice and support.


Choosing the right North Carolina homeowners insurance policy involves careful consideration of various factors. By understanding your needs, evaluating local risks, comparing policies, and selecting a reputable provider, you can protect your home and enjoy peace of mind. For personal service and the best insurance rates, visit Gary Bacon Insurance today!