North Carolina: Homeowner Insurance Policy Increases 2025-2026
Coming June 1, 2025, North Carolina Homeowners and Landlords can expect to see their insurance rates increase an average of 7.5% throughout the state.
While insurance companies had originally requested an average 42.2% increase last year, and up to 99.4% in some areas, real estate investors should be able to breath easier now that the hearings have settled, and “a maximum [increase] of 35% in any territory” according to Department of Insurance Commissioner Causey.
As of January 2025, home insurance rate increases are locked in through June 2027, the first of which comes June 1, 2025, and a second on June 1, 2026.
For both Durham and Wake County, encompassing the Research Triangle, the two increases are approved at 7.5%, while the initially proposed increase by the insurance companies was a staggering 39.8%
The cities of Greensboro and Winston-Salem will see increases of ~8.2%
Mecklenburg County, home to Charlotte, is set to increase ~9.3%
To see the rest of the rate increases across the state you can click here.
As expenses rise across the board for North Carolina real estate investors and homeowers alike in 2025, between property tax reassessments and insurance increases, it becomes increasingly important to protect margins where possible.
This is why I both partner with Steadily and use them for insuring my own properties. Writing policies specifically for landlords, Steadilys, provides real estate investors with the most competitive insurance rates throughout the country.
To see how much you could save with Steadily Insurance click here or use the widget below.