NC Homeowners Insurance rates go up as of June 1, 2026

GREENSBORO, N.C. — June 1, 2026, is the start of another home insurance rate hike in North Carolina. The average statewide base rate will increase by 7.5%.
That’s a key word– average. Depending on your company, it could be more or less. 

This 7.5% average is part of an agreement that started in 2024, with an ask by the insurance companies to raise rates by an average of 42%.
 Instead, the average became 15%, and it was split up between last year and this year. The good news? The agreement prohibits insurance companies from asking for a rate increase before June 1, 2027. The process takes time, meaning chances are the rates will stay the same until 2028. 

Consumer Reports has five ways to save on homeowners insurance: 

One of the best first steps is to shop around. Consumer Reports recommends working with an independent local insurance agent who can compare policies available in your ZIP code and help make sure you’re getting the coverage you need at the best price.

Bundling can also lead to big savings. Buying your homeowners and auto insurance from the same company may cut costs by as much as 30 percent. Another option is raising your deductible. 

Choosing a $1,000 deductible instead of $500 could save up to 25 percent, and a $2,500 deductible may lower premiums even more—as long as you can afford the higher out-of-pocket cost if you need to file a claim.

Home repairs and upgrades may help, too. Start with the roof, since leaks and storm damage often lead to expensive claims. Some insurers add surcharges of 10 to 20 percent or more for older roofs. Replacing old plumbing, adding a security system, or installing gas and water leak detectors may also reduce your premium.

Consumer Reports says lifestyle choices can affect rates as well. Certain dog breeds, pools, and trampolines may raise premiums or even make it harder to get coverage because insurers view them as liability risks.

It’s also worth thinking carefully before filing a small claim, especially if the cost is close to your deductible. Filing a claim—or even asking about one—can sometimes raise your rates the next year.

Finally, Consumer Reports says your credit can play a role in what you pay. Poor credit may lead to premiums that are much higher than those offered to people with good credit, so paying bills on time and avoiding high credit card debt before shopping for insurance may help keep costs down.