Top 5 Home Insurance Companies in Burlington, NC
Check out the most popular Home Insurance agencies & companies in Burlington, NC & compare the best quotes from them.
What is the Average Cost of Homeowners Insurance in Burlington, NC
The cost of homeowners insurance in Burlington, NC, varies depending on the value of your home, the amount of coverage you need, and the amount of risk associated with your home. However, the average cost of homeowners insurance in Burlington, NC, is $722.65 per year. As a responsible homeowner, it’s essential to have homeowners insurance in place in case of unforeseen events. Homeowners insurance protects your home and possessions in the event of damage or theft and can help cover the cost of repairs or replacement. It can also provide financial protection if you’re sued for damages.
Different types of coverage are available under a homeowners insurance policy, so it’s important to understand what’s included and what isn’t. Most policies will cover the structure of your home and your personal belongings. Some policies will also cover other structures on your property, such as a shed or garage.
Factors affecting home insurance in Burlington, NC:
1. Homeowners insurance rates by coverage levels
2. Homeowners insurance rates by deductibles
3. Homeowners insurance rates by the age of the home
4. Homeowners insurance rates by the safety features
1. Homeowners insurance Rates by Coverage Level in Burlington, NC
The amount of insurance coverage you purchase for your home affects your homeowners insurance cost in Burlington, NC. A higher level of coverage will result in a higher premium, but it will also provide greater protection for your home in the event of a covered loss. When determining the amount of coverage to purchase, consider the value of your home and your personal belongings and your ability to pay out-of-pocket for repairs or replacement costs in the event of a covered loss. For instance, homeowners opting for $200K coverage pay $1217 on home insurance in Burlington, North Carolina.
Refer to the chart below to know the cost of home insurance in Burlington, North Carolina, based on the coverage level.
2. Homeowners insurance Rates by Deductibles in Burlington, NC
Deductibles can have a major impact on the cost of homeowners insurance. In general, the higher the deductible, the lower the premium. This is because the homeowner is taking on more of the financial risk. A higher deductible means the homeowner will have to pay more out-of-pocket if a covered loss occurs. This is why choosing a deductible you’re comfortable with is important. You don’t want to set your deductible so high that you can’t afford to pay it if a loss occurs. For example, in Burlington, North Carolina homeowners who choose a $2500 deductible pay $518.86 for their home insurance. Whereas homeowners who choose a $500 deductible pay $713.97 for their house insurance in Burlington, NC.
3. Homeowners insurance Rates by the Age of the Home in Burlington, NC
As the age of the home increases, the cost of homeowners insurance in Burlington, NC, also increases. This is because older homes are more likely to have problems that need to be repaired or replaced. These problems include a leaky roof, faulty wiring, or an old heating system. In addition, older homes are more likely to be damaged by weather events, such as hurricanes or tornadoes. Therefore, insurers charge more for coverage on older homes. For example, a newly constructed home in Burlington, NC will cost $570.89 in homeowners insurance, however a property that is 40 years old will cost $741.43. Ensure the house is in good repair and up to date on all maintenance. This will help show the insurer that the home is not as likely to have problems that must be fixed. Homeowners should shop around and compare rates from different insurers to find the best deal on coverage for their older homes. Doing this can help ensure that they are not paying more than necessary for their insurance.
4. Homeowners insurance Rates by the Safety Features in Burlington, NC
There are many things that a homeowner can do to reduce the cost of their insurance, but installing safety features is one of the most effective ways to lower the cost. Some of the most common safety features that can help reduce insurance costs include smoke detectors, fire extinguishers, and deadbolt locks. Homeowners can often save hundreds of dollars each year on their insurance premiums by installing these simple safety features. Homes equipped with sprinkler systems and smoke detectors pay $650.38 and $643.15 on homeowners insurance in Burlington, NC.
Top Home Insurance Companies in Burlington, NC
| Home Insurance Company | A.M. Best Financial Strength Rating | Homeowners Insurance Market share |
|---|---|---|
| State Farm | A | 17.85% |
| Nationwide | A+ | 10.19% |
| Allstate | A+ | 6.63% |
| Erie | A+ | 5.61% |
| Liberty Mutual | A | 3.64% |
Top Erie Home Insurance Agents in Burlington, NC
| Homeowners Insurance Agents | Agent Address | Contact Details | |
|---|---|---|---|
| Williamson Insurance Agency Inc. | 309 W Weaver St 27510 |
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| Hoak Insurance Services | 101 WEST ACADEMY ST 27025 |
336-427-2119 | |
| Hoosier Insurance Agency | 3608 CAMP MANGUM WYND 27612 |
800-424-2628 | |
| Badger State Insurance & Financial Group | 1429 Broad St 27705-3534 |
919-286-9120 | |
| Hoak Insurance Services | 101 W ACADEMY STREET 27025 |
336-427-2119 | |
| Chopick Insurance Group Llc | 1325 Nc Highway 66 S Ste F 27284-3768 |
336-996-2681 | |
| Mark Cable Insurance Agency Inc. | 7901-102 Strickland Rd 27615 |
(919) 926-7588 | |
| Mid-State Financial Services | 315 S Talbert Blvd www.midstateis.com 27292 |
(336) 249-6867 | |
| Empire Agency | 1105 Tryon Village Dr Ste 304 27518 |
(919) 851-0624 | |
| Mark Cable Insurance Agency Inc. | 8226 Creedmoor Rd 27613-1371 |
(919) 846-5378 |
| Homeowners Insurance Agents | Agent Address | Contact Details | |
|---|---|---|---|
| Mark Calloway | 8404 Six Forks Rd STE 103 27615-3073 |
(919) 846-5578 | |
| Carrie Batchelor | 1611 New Garden Rd 27410-2001 |
336-299-7998 | |
| Brandon Walters | 1029 S Church St Ste 1 27215-3687 |
336-227-2796 | |
| Christina Guyote | 541 N Fayetteville St 27203-4725 |
336-629-9393 | |
| Hope Favorite Felder | 4300 SIX FORKS RD 6TH FL 27609 |
919-833-9761 | |
| Shahe (Sean) Jemelian | 200 Meredith Drive Suite 104 27713 |
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| Scott Insurance | 1334 N Fayetteville Street 27203 |
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| Fleetwood Athey | 5199A Country Club Rd 27104 |
(336) 659-2639 | |
| Martin Randal | 310 Bethania-Rural Hall Rd 27045-9281 |
(336) 969-9511 | |
| Scott Woodruff | 8420 Nc Highway 87 27320 |
| Homeowners Insurance Agents | Agent Address | Contact Details | |
|---|---|---|---|
| Tom Jurkiewicz Agency Llc | 1037 S Main St 27215 |
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| All About Insurance Agency Ltd | 249 W Kings Hwy 27288-5009 |
336-623-9701 | |
| Christi L. Burgess-Smith | 200 Timberhill Pl Unit 202 27514-1964 |
919-918-4478 | |
| Stover Ins & Financial Svcs Llc | 1001 Wade Ave Suite 15 27605 |
(919) 999-4531 | |
| Mequell Green Ins Agency Inc | 347 South Swing Rd 27409 |
(336) 510-0568 | |
| Accountable Insurance Partners Inc. | 131 Dublin Square Rd Ste G 27203-8690 |
336-626-0422 | |
| Azm Group Inc | 1411 Welborn St Ste 102 27262-2698 |
336-885-3715 | |
| All About Insurance | 121 Sherron Rd Ste 106 27703-9515 |
919-596-2700 | |
| Burns Insurance & Financial | 134 W Clay St 27302-2437 |
919-563-2020 | |
| Melisa Copeland Strickland | 6244 Tryon Road 27518 |
(919) 469-0375 |
| Homeowners Insurance Agents | Agent Address | Contact Details | |
|---|---|---|---|
| Jenny Weidner | 8504 SIX FORKS RD STE 204 www.heyjenny.com 27615 |
919-389-5101 | |
| Jimmy Carr | 1314 ASHLEY SQ 27103 |
336-778-1448 | |
| Kristy Baggarly | 4121 BEECHWOOD DR www.kristybaggarly.com 27410 |
503-780-8778 | |
| Shane Parker | 120 New Edition Court www.teamparkeragency.com 27511 |
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| Rich Machado Lutcf | 10 Gravely St 24112 |
(276) 638-2020 | |
| Karen Graham | 610 N RIDGE ST www.karengraham.net 24541 |
434-793-7383 | |
| Libby Mays | 1589 SKEET CLUB RD UNIT 102 PMB349 www.libbymays.com 27262 |
719-265-5227 | |
| Tommy Hundley | 2855 S Church St 2855 S Church St www.tommyhundley.com 27215 |
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| Shabonya Dutton | 6512 Six Forks Road Suite 102c 27615 |
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| Armando Valdez | 1002 Gardner Hill Dr Ste B www.valdezagent.com 27282-8950 |
336-854-5011 |
| Homeowners Insurance Agents | Agent Address | Contact Details | |
|---|---|---|---|
| Scott Thissen | 1801 E Franklin Street 27514 |
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| Melissa Shannon | 504 N Broad Street 27341-8583 |
(336) 873-7264 | |
| Jenny Schnedler Lutcf | 1920 FRONT ST STE 170 27705 |
919-471-2541 | |
| Jenny Xu | 5850 FAYETTEVILLE RD SUITE 203 27713 |
919-484-4822 | |
| Kristoffer Williamson | 4121 BEECHWOOD DR 27410 |
503-780-8778 | |
| Mark Creason | 309 West Millbrook Rd STE 151 27609-4261 |
(919) 786-1960 | |
| Audrie Freeman | 1620 Eastchester Dr Ste 104 27265-3917 |
336-884-1675 | |
| Shane R. Lizama | 1330 Saint Marys Street Suite 250 27605 |
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| Shane Ortega | 2201 Candun Drive Suite 200 27523 |
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| Michael Lopez | 5020 Weston Parkway Ste 100 27513 |
1-919-481-9357 |
| State Farm | Erie | Allstate | |
| Median Home Value ($) | 122,410 | 112,410 | 122,410 |
| Construction year | 2010 | 2003 | 1994 |
| Home Coverage ($) | $175000-$200000 | $150000-$175000 | $175000-$200000 |
| Total Premium ($) | $708 | $1205 | $1328 |
Burlington, NC Multi Policy Discounts by Home Insurance Companies
| Home Insurance Company | Multi Policy Discount (%) |
|---|---|
| Erie | upto 19% |
| Allstate | upto 23% |
| Nationwide | upto 5% |
| Liberty Mutual | upto 17% |