5 Best Greensboro Homeowners Insurance Companies (2025)
State Farm and Allstate offer some of the best homeowners insurance policies in Greensboro.
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Written byMelanie Lockert
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10+ years writing on personal finance topics
Host of the Mental Health and Wealth podcast
Melanie is a blogger, author, and speaker specializing in personal finance and debt management. She’s also the author of the blog and book “Dear Debt.”
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Edited byBecky Helzer
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Becky Helzer is an editor at Insurify. She loves helping writers express their ideas clearly and authentically. With a diverse background in editing everything from curriculum and books to magazine articles and blog posts, she’s worked on topics ranging from home finance, insurance, and cloud computing to the best tools for home improvement.
A proud graduate of Colorado State University with a degree in technical journalism, Becky lives in Fort Collins, CO, with her husband and their two spoiled rescue dogs.
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Table of contents
Whether you’re buying a new home in Greensboro, North Carolina, or looking to change insurance companies, it’s essential to compare your options and review costs.
In Greensboro, home insurance costs an average of $2,076 per year for $300,000 in coverage and a $1,000 deductible. But recent reports indicate that homeowners insurance in Greensboro will increase by an average of 15% by 2026 due to a rise in the number of costly natural disasters statewide.[1]
Here’s what you should know about home insurance costs in Greensboro, factors affecting premiums, and how to compare home insurance companies.
Quick Facts
Homeowners in Greensboro can get an affordable home insurance policy starting at $42 per month for $300,000 in dwelling coverage and a $1,000 deductible.
Your home’s location and unique risk factors contribute to the cost of your policy.
Greensboro is at risk for hurricanes. While standard home insurance policies cover damage from thunderstorms and hail, they don’t cover flood damage.
Best home insurance companies in Greensboro
Greensboro has many reputable and quality home insurance companies to choose from. The best insurer for you depends on your specific needs.
We’ve selected five of the best home insurance companies in Greensboro, North Carolina, based on insurance premiums, coverage offered, J.D. Power customer satisfaction scores, and available discounts.
State Farm: Best for low rates
State FarmCompare personalized, real-time quotes
| IQ Score The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-ten scale. The Insurify editorial team researches insurer data to determine the final scores. | 8.2/10 |
|---|---|
| A.M. Best A.M. Best analyzes an insurer’s financials, operating performance, business profile, and other factors to generate an opinion-based rating of a company’s financial and credit strength. Ratings range from A++ (exceptional) to D (poor). | A++ |
| $300,000 Dwelling A standard HO-3 home insurance policy typically includes dwelling, personal property, and liability coverage. The average rate displayed here reflects a policy with the following coverage limits: $300,000 dwelling; $25,000 personal property; $300,000 personal liability; $30,000 loss of use; and a $1,000 deductible for medical payments to others. | $42/mo |
| $500,000 Dwelling A standard HO-3 home insurance policy typically includes dwelling, personal property, and liability coverage. The average rate displayed here reflects a policy with the following coverage limits: $500,000 dwelling; $25,000 personal property; $300,000 personal liability; $30,000 loss of use; and a $1,000 deductible for medical payments to others. | $62/mo |
While the cost of living in Greensboro is lower than the national average, it’s significantly higher than the state average. Housing and other costs are rising, making Greensboro a more expensive place to live.
State Farm delivers some of the lowest rates for homeowners insurance in Greensboro, offering various discounts and even inflation coverage. It also ranks in the top five for customer satisfaction in the J.D. Power 2025 U.S. Home Insurance Study and has local agents available to help you choose the right coverage.
Pros
Low rates in Greensboro
Various discounts
Built-in inflation coverage
Cons
Not many add-on coverages available
Low Trustpilot rating
Below-average J.D. Power claims satisfaction rating
Allstate: Best for new homeowners
AllstateCompare personalized, real-time quotes
| IQ Score The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-ten scale. The Insurify editorial team researches insurer data to determine the final scores. | 8.2/10 |
|---|---|
| A.M. Best A.M. Best analyzes an insurer’s financials, operating performance, business profile, and other factors to generate an opinion-based rating of a company’s financial and credit strength. Ratings range from A++ (exceptional) to D (poor). | A- |
| $300,000 Dwelling A standard HO-3 home insurance policy typically includes dwelling, personal property, and liability coverage. The average rate displayed here reflects a policy with the following coverage limits: $300,000 dwelling; $25,000 personal property; $300,000 personal liability; $30,000 loss of use; and a $1,000 deductible for medical payments to others. | $124/mo |
| $500,000 Dwelling A standard HO-3 home insurance policy typically includes dwelling, personal property, and liability coverage. The average rate displayed here reflects a policy with the following coverage limits: $500,000 dwelling; $25,000 personal property; $300,000 personal liability; $30,000 loss of use; and a $1,000 deductible for medical payments to others. | $182/mo |
The housing market in Greensboro is relatively competitive, according to Redfin.[2] If you’re a new homeowner in Greensboro, Allstate could be a good fit. The company offers a discount for recent homebuyers or people who’ve bought a newly constructed home.
Since areas of Greensboro are susceptible to flooding, you can buy flood insurance through the National Flood Insurance Program (NFIP) with the help of your Allstate agent. Plus, bundling policies could save you up to 25%.
Pros
Homebuyer discount
Significant multi-policy discount
Flood insurance available through the NFIP
Cons
Very low Trustpilot rating
Fewer discounts than some competitors
Below-average J.D. Power customer satisfaction score
Erie Insurance: Best for multiple policies
Erie InsuranceCompare personalized, real-time quotes
| IQ Score The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-ten scale. The Insurify editorial team researches insurer data to determine the final scores. | 7.4/10 |
|---|---|
| A.M. Best A.M. Best analyzes an insurer’s financials, operating performance, business profile, and other factors to generate an opinion-based rating of a company’s financial and credit strength. Ratings range from A++ (exceptional) to D (poor). | A+ |
| $300,000 Dwelling A standard HO-3 home insurance policy typically includes dwelling, personal property, and liability coverage. The average rate displayed here reflects a policy with the following coverage limits: $300,000 dwelling; $25,000 personal property; $300,000 personal liability; $30,000 loss of use; and a $1,000 deductible for medical payments to others. | $334/mo |
| $500,000 Dwelling A standard HO-3 home insurance policy typically includes dwelling, personal property, and liability coverage. The average rate displayed here reflects a policy with the following coverage limits: $500,000 dwelling; $25,000 personal property; $300,000 personal liability; $30,000 loss of use; and a $1,000 deductible for medical payments to others. | $508/mo |
In Greensboro, you’ll likely need a car to get around. If you insure your home and auto with Erie Insurance, you could qualify for a substantial multi-policy discount ranging from 15% to 25%.
Customer satisfaction is high with Erie, and the company ranks No. 3 in the J.D. Power 2025 U.S. Home Insurance Study. While Erie offers guaranteed replacement cost, its average premiums are among the highest.
Pros
Substantial multi-policy discount
Above-average J.D. Power customer satisfaction score
Guaranteed replacement cost coverage available
Cons
Low Trustpilot rating
Higher-than-average premiums in Greensboro
1.25 out of 5 stars on the Better Business Bureau BBB website
North Carolina Farm Bureau Insurance Group: Best for older homes
In Greensboro, several neighborhoods, such as College Hill and Fisher Park, feature historic homes. If you have an older home and prefer to work with a company that has local agents in the community, consider North Carolina Farm Bureau Insurance Group.
Operating since 1953, the company was formed to help support rural communities and farmers in North Carolina.
Pros
Local agents
Coverage available for older homes
AM Best financial strength rating of A- (Excellent)
Cons
Low Trustpilot rating
AM Best rating downgrade
Limited information on the company website
Auto-Owners: Best for optional coverages
Auto-OwnersCompare personalized, real-time quotes
| IQ Score The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-ten scale. The Insurify editorial team researches insurer data to determine the final scores. | 7.4/10 |
|---|---|
| A.M. Best A.M. Best analyzes an insurer’s financials, operating performance, business profile, and other factors to generate an opinion-based rating of a company’s financial and credit strength. Ratings range from A++ (exceptional) to D (poor). | A++ |
| $300,000 Dwelling A standard HO-3 home insurance policy typically includes dwelling, personal property, and liability coverage. The average rate displayed here reflects a policy with the following coverage limits: $300,000 dwelling; $25,000 personal property; $300,000 personal liability; $30,000 loss of use; and a $1,000 deductible for medical payments to others. | $218/mo |
| $500,000 Dwelling A standard HO-3 home insurance policy typically includes dwelling, personal property, and liability coverage. The average rate displayed here reflects a policy with the following coverage limits: $500,000 dwelling; $25,000 personal property; $300,000 personal liability; $30,000 loss of use; and a $1,000 deductible for medical payments to others. | $342/mo |
Auto-Owners offers several unique optional coverages, including equipment breakdown coverage. This coverage protects against electrical and mechanical failures, which can be especially valuable if your air conditioner quits working during one of North Carolina’s humid summers.
The company also offers identity theft expense coverage and home cyber protection. And if your home is in a low-to-moderate flood zone, you may also qualify for inland flood coverage.
Pros
Robust optional coverages
Multiple available discounts
AM Best financial strength rating of A+ (Superior)
Cons
Limited and low reviews on Trustpilot
Below-average J.D. Power customer satisfaction score
Quotes not available online
Our editorial team analyzed regional and national home insurance companies that sell policies in Greensboro to assess which offer the best rates, coverage options, customer service, and savings to homeowners. We prioritized competitive rates, 24/7 customer service, homeownership discounts or bundling options, and specialty or supplemental coverages.
How much is home insurance in Greensboro?
While North Carolina homeowners pay an average of $287 per month for $300,000 in dwelling coverage with a $1,000 deductible, Greensboro homeowners pay significantly less. The average cost of homeowners insurance in Greensboro is $173 per month for $300,000 in dwelling coverage and a $1,000 deductible.
Common factors affecting home insurance premiums include your home’s age, location, and construction, as well as your deductible, coverage level, and claims history.[3]
Your rate may also vary if you qualify for discounts, such as bundling your homeowners and auto policies or installing smoke detectors.
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Cheapest home insurance companies in Greensboro
As a homeowner, it’s essential to compare your options when shopping for homeowners insurance in Greensboro. The table below shows some of the cheapest home insurance companies in the city.
The below rates are estimated rates current as of: Tuesday, October 7 at 12:00 PM PDT.
Insurance Company  | Average Annual Premium |
|---|---|
| State Farm | $372 |
| Unitrin | $504 |
| Travelers | $1,104 |
| Allstate | $1,104 |
| USAA | $1,284 |
| Nationwide | $1,620 |
| Auto-Owners | $1,680 |
| Erie | $2,868 |
The below rates are estimated rates current as of: Tuesday, October 7 at 12:00 PM PDT.
Insurance Company | Average Annual Premium |
|---|---|
| State Farm | $744 |
| Unitrin | $756 |
| Allstate | $2,184 |
| Travelers | $2,556 |
| USAA | $2,952 |
| Auto-Owners | $4,104 |
| Nationwide | $4,464 |
| Erie | $6,096 |
The below rates are estimated rates current as of: Tuesday, October 7 at 12:00 PM PDT.
Insurance Company | Average Annual Premium |
|---|---|
| Unitrin | $1,020 |
| State Farm | $1,044 |
| Allstate | $3,084 |
| Travelers | $3,696 |
| USAA | $4,176 |
| Auto-Owners | $5,628 |
| Nationwide | $6,900 |
| Erie | $8,544 |
How much homeowners insurance do you need in Greensboro?
A standard homeowners policy typically includes coverage for the dwelling, personal belongings, liability, and loss of use.[4]
Keep the following considerations in mind when assessing how much insurance you need:
Your home insurance should cover the cost to rebuild your home. Consider construction costs and building materials — not just the loan balance on your mortgage.
Because building costs have skyrocketed over the past few years, you may need to reassess your insurance policy to ensure sufficient replacement cost coverage. To check whether you have adequate coverage, the Insurance Information Institute recommends this simple calculation: Take your home’s total square footage and multiply it by the local per-square-foot building costs.[5]
It’s also a good idea to take a total home inventory every few years to assess the value of your belongings. This helps ensure you have sufficient coverage in the event of a total loss.
Finally, consider your assets to determine how much liability coverage you need. Most policies start with a $100,000 liability limit, but insurance experts often recommend higher protection levels.
While your homeowners insurance provides theft protection and covers damage from fires and other named perils in your policy, it doesn’t include flood protection. Since Greensboro, North Carolina, is at moderate risk for flooding, flood insurance is worth considering.[6]
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What to know about home insurance in Greensboro, NC
When looking for homeowners insurance in Greensboro, it’s key to understand what your policy covers and what it doesn’t. Your policy typically covers perils like fire, lightning, hail, theft, wind, and vandalism. On the other hand, it won’t cover damage caused by an earthquake or flood.
Here are some things for Greensboro homeowners to be aware of:
Floods: While Greensboro isn’t particularly prone to earthquakes, it may have a higher chance of flooding. It’s estimated that more than 9,600 properties in Greensboro are at risk of flooding in the next 30 years, which is just less than 10% of all properties in the city. If you feel your home is at risk, you’ll want to purchase a separate flood policy. You can find more information on flood insurance at FloodSmart.gov.
Home prices: It’s important to be aware of how rising home prices and values could potentially affect your home insurance rates. The median home sale price in Greensboro is up nearly 15% since last year, according to Redfin. While this increase doesn’t directly affect your home insurance premiums, it could affect rebuilding costs. For that reason, be sure your homeowners insurance policy keeps up with increasing property values and building costs.
Average cost of home insurance in other cities in North Carolina
Home insurance costs vary by city. Even within the same city, homes in different ZIP codes can have different home insurance quotes. Crime rates, vandalism, weather patterns, and proximity to a fire station and emergency services influence your area’s specific rates.
The table below highlights home insurance costs in other North Carolina cities.
The below rates are estimated rates current as of: Tuesday, October 7 at 12:00 PM PDT.
City | Average Annual Premium |
|---|---|
| Asheville | $1,860 |
| Winston | $2,064 |
| Greensboro | $2,076 |
| Charlotte | $2,172 |
| Durham | $2,244 |
| Raleigh | $2,424 |
| Fayetteville | $3,048 |
| Wilmington | $11,760 |
Greensboro homeowners insurance FAQs
If you’re shopping for homeowners insurance in Greensboro, the additional information below may help as you research your coverage options.
The average yearly cost of homeowners insurance in Greensboro, North Carolina, is $2,076 for $300,000 in dwelling coverage and a $1,000 deductible.
If you need flood insurance, your total home insurance costs will increase.
State Farm offers the cheapest home insurance in Greensboro, with an average monthly premium of $42 for a policy with $300,000 in dwelling coverage and a $1,000 deductible. When you’re shopping for property insurance, it’s a good idea to compare quotes from several companies.
State Farm is one of the best home insurance companies in Greensboro. The company offers low rates and local agents, and it received an above-average customer satisfaction rating in the J.D. Power 2025 U.S. Home Insurance Study.
The 80% rule states that you need to have enough insurance to cover 80% of your home’s replacement cost to be eligible for a full claim payout.
The average cost of homeowners insurance in Greensboro is $2,076 per year for $300,000 in dwelling coverage and a $1,000 deductible, according to Insurify data.
Yes. Your credit score can affect your home insurance rates, though this practice isn’t allowed in all states. But in North Carolina, insurance companies may use your credit information when setting rates.[7]
Methodology
Insurify data scientists analyzed rates from more than 180 home insurance companies sourced directly from Insurify’s partner companies and Quadrant Information Services. Rates span all 50 states and Washington, D.C., and quote averages represent the mean price for a given coverage level and geographic area. To ensure data reliability, only insurers meeting minimum quote thresholds were included in the analysis.
Unless otherwise specified, quoted rates reflect the average cost for homeowners with no prior claims and good credit with a home construction year of 1980. The default coverage assumptions include:
Default Coverage Assumptions
- Dwelling coverage: $300,000
- Deductible: $1,000
- Personal property limit: $25,000
- Liability limit: $300,000
Additional data points beyond these default values are sourced from Insurify’s proprietary database. Rates are updated monthly.
Sources
- North Carolina Department of Insurance. "Commissioner Causey negotiates settlement on Rate Bureau’s homeowners’ insurance request."
- Redfin. "Greensboro, NC Housing Market."
- North Carolina Department of Insurance. "A Consumer's Guide to Homeowner's Insurance."
- Insurance Information Institute. "What is covered by standard homeowners insurance?."
- Insurance Information Institute. "How much homeowners insurance do I need?."
- First Street. "Greensboro Flooding Risk."
- North Carolina Department of Insurance. "A Consumer's Guide to Insurance Companies' Use of Credit Information."
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Melanie Lockert
Melanie Lockert is the founder of the blog and author of the book, "Dear Debt." Through her blog, she chronicled her journey out of $81,000 in student loan debt. Her work has appeared on Allure, Business Insider, Credit Karma, Fortune, and more. She is also the co-founder of the Lola Retreat and host of the Mental Health and Wealth show podcast. She lives in Los Angeles and enjoys jazz music, traveling, coffee, and spending time with her two cats and partner.
Melanie has been a contributor at Insurify since November 2022.
Becky Helzer is an editor at Insurify. She loves helping writers express their ideas clearly and authentically. With a diverse background in editing everything from curriculum and books to magazine articles and blog posts, she’s worked on topics ranging from home finance, insurance, and cloud computing to the best tools for home improvement.
A proud graduate of Colorado State University with a degree in technical journalism, Becky lives in Fort Collins, CO, with her husband and their two spoiled rescue dogs.