5 Best Wilmington Homeowners Insurance Companies (2025)
State Farm and Travelers offer some of the best home insurance policies in Wilmington, North Carolina.
Secure. Free. Easy-to-use.
Excellent
)
Written byDanny Smith
)
Licensed auto and home insurance agent
4+ years in content creation and marketing
As Insurify’s home and pet insurance editor, Danny also specializes in auto insurance. His goal is to help consumers navigate the complex world of insurance buying.
Featured in
){kind=small}
)
Edited byKatie Powers
)
Licensed auto and home insurance agent
3+ years experience in insurance and personal finance editing
NPN: 20564519
Katie uses her knowledge and expertise as a licensed property and casualty agent in Massachusetts to help readers understand the complexities of insurance shopping.
Featured in
){kind=small}
Updated
Why you can trust Insurify: Comparing accurate insurance quotes should never put you at risk of spam. We earn an agent commission only if you buy a policy based on our quotes. Our editorial team follows a rigorous set of editorial standards and operates independently from our insurance partners. Learn more.
Advertiser Disclosure
At Insurify, our goal is to help customers compare insurance products and find the best policy for them. We strive to provide open, honest, and unbiased information about the insurance products and services we review. Our hard-working team of data analysts, insurance experts, insurance agents, editors and writers, has put in thousands of hours of research to create the content found on our site.
We do receive compensation when a sale or referral occurs from many of the insurance providers and marketing partners on our site. That may impact which products we display and where they appear on our site. But it does not influence our meticulously researched editorial content, what we write about, or any reviews or recommendations we may make. We do not guarantee favorable reviews or any coverage at all in exchange for compensation.
Table of contents
The average cost of home insurance in Wilmington, North Carolina, is $11,996 per year for a $300,000 dwelling policy with a $1,000 deductible. Wilmington is a coastal city with high risks of flooding.[1] If your home is in a flood zone, you may want to purchase a separate flood insurance policy to bolster your home’s protection.
Here’s what you need to know about finding home insurance in Wilmington.
Quick Facts
Wilmington has a high flood risk, with nearly 30% homes at risk of flooding in 2025.[2]
State Farm, Travelers, and USAA are the cheapest home insurers in Wilmington.
On average, Wilmington homeowners pay $1,000 per month for home insurance with $300,000 in dwelling coverage and a $1,000 deductible and $1,100 for coverage with a $500 deductible.
Best home insurance companies in Wilmington
You have plenty of good home insurance companies to choose from in Wilmington. The best company for you depends on your home, budget, and coverage needs.
That said, some companies stand out above the rest. Here are five of the best home insurance companies in Wilmington, based on average premiums, coverage options, discounts, J.D. Power scores, Insurify Quality (IQ) Scores, and other key factors.
State Farm: Best overall
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. | $492/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. | $632/mo |
State Farm is one of the best all-around home insurance companies in Wilmington and the largest U.S. home insurance company by market share. The insurer offers affordable rates and has the financial stability to pay out claims. Though it doesn’t offer as many discounts as some other insurers, it’s a solid company with numerous coverages and many local agents.
Pros
Above-average J.D. Power customer satisfaction rating[3]
Affordable rates
Local agents
Cons
Flood insurance not available
Fewer add-ons than some competitors
Offers inflation coverage
Travelers: Best for flood insurance
TravelersCompare 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. | 7.8/10 |
|---|---|
| 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. | $478/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. | $739/mo |
Travelers is an excellent choice for private flood insurance. The insurer partners with Neptune Flood to offer flood insurance for homeowners in flood-prone areas. Not many insurers offer private flood insurance, so if you can’t get coverage or don’t want to go through the National Flood Insurance Program (NFIP), Travelers is a good option.
Pros
AM Best financial strength rating of A++ (Superior)
Various coverage options
Can file claims online
Cons
Fewer discounts than some other insurers
Below-average J.D. Power customer satisfaction score
Low Trustpilot rating
North Carolina Farm Bureau: Best for high-risk homes
North Carolina Farm Bureau offers coverage for Wilmington homeowners with high-risk homes. The insurer is local to the area, so agents understand the risks that high winds and flooding pose for Wilmington homeowners. It offers various surplus lines and specialty insurance products that can be useful when insuring high-risk homes.
Pros
Local agents and service
Various coverages and add-ons
Mobile app for convenient policy access
Cons
Low Trustpilot rating
Have to contact a local agent to buy coverage
May not be the cheapest insurer
Coastal Contractors Insurance Agency: Best for local coverage
Coastal Contractors Insurance Agency provides customizable, local coverage for Wilmington homeowners. The insurer works with several companies, including Chubb, to underwrite coverage.
Coastal Contractors is a smaller, lesser-known company than some larger insurers, and it doesn’t have ratings from AM Best or J.D. Power. But it has a 5-star rating on Google, with many customers raving about positive service experiences.
Pros
Local agents
Customizable coverage
Offers flood insurance
Cons
No AM Best financial strength rating
Limited add-on coverages
May not be the cheapest insurer
USAA: Best for military members, veterans, and their families
USAACompare 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. | 8/10 |
|---|---|
| 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. | $688/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. | $1,058/mo |
USAA is the best home insurance company for active military members, their families, and the roughly 6,000 veterans living in Wilmington. The insurer offers various exclusive home insurance coverages and discounts to its members. For example, USAA includes replacement cost coverage in all standard policies.
Pros
Can file claims online
Exclusive benefits
AM Best financial strength rating of A++ (Superior)
Cons
Not available to everyone
Often more expensive than standard insurers
Flood insurance not available
Our editorial team analyzed regional and national home insurance companies that sell policies in Wilmington 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 Wilmington?
The average annual cost of home insurance in Wilmington is $11,996 per year for a $300,000 dwelling policy with a $1,000 deductible and $13,195 per year for a policy with a $500 deductible.
For comparison, the statewide average in North Carolina for the same coverage is $3,513 per year for a policy with a $1,000 deductible and $3,864 per year for a policy with a $500 deductible.
The primary factors that influence the cost of your home insurance are the location of your home, its risk of flooding, age, coverage amount, and even your credit history.
Shop for Home Insurance in Wilmington, NC
See quotes from top Insurify partners in minutes
Secure. Free. Easy-to-use.
Based on 7,669+ reviews
4.8/5
Cheapest home insurance companies in Wilmington
Take a look at the table below to see some of the cheapest home insurance companies in Wilmington. You can compare average rates by dwelling coverage amount.
The below rates are estimated rates current as of: Tuesday, October 7 at 12:00 PM PDT.
Insurance Company  | Average Annual Premium |
|---|---|
| Travelers | $3,888 |
| State Farm | $4,596 |
| Allstate | $5,196 |
| USAA | $5,712 |
| Unitrin | $5,748 |
| Auto-Owners | $7,344 |
| Erie | $13,536 |
| Nationwide | $18,396 |
The below rates are estimated rates current as of: Tuesday, October 7 at 12:00 PM PDT.
Insurance Company | Average Annual Premium |
|---|---|
| State Farm | $7,584 |
| Travelers | $8,868 |
| Allstate | $11,280 |
| USAA | $12,696 |
| Unitrin | $13,500 |
| Auto-Owners | $17,856 |
| Erie | $32,352 |
| Nationwide | $46,176 |
The below rates are estimated rates current as of: Tuesday, October 7 at 12:00 PM PDT.
Insurance Company | Average Annual Premium |
|---|---|
| State Farm | $9,936 |
| Travelers | $12,792 |
| Allstate | $16,032 |
| USAA | $17,952 |
| Unitrin | $19,452 |
| Auto-Owners | $24,372 |
| Erie | $45,360 |
| Nationwide | $72,876 |
How much homeowners insurance do you need in Wilmington?
How much homeowners insurance you need in Wilmington depends on a few factors, such as your home’s condition and age, your area’s specific risks, and your home’s value. For example, Wilmington homeowners face risks from hurricanes, flooding, and coastal storms — all of which can affect the type and amount of coverage you need.
Home insurance policies typically include dwelling, personal property, liability, and loss of use coverage. Each of these coverages protects a different aspect of your home, its contents, and your liability.[4]
Here’s what you need to know about each coverage type:
Dwelling
Determine the amount of dwelling coverage you need based on the cost to rebuild your home. You can estimate this number by multiplying the total square footage of your home by the per-square-foot building costs in your area. Make sure to include the cost of detached structures, like garages and sheds, when calculating this number.
Personal property
Personal property coverage typically covers 50% to 70% of your dwelling amount. It protects your personal belongings, such as furniture, clothing, and other personal items.
Liability
Liability coverage protects you from financial damages if someone has an accident and incurs an injury on your property. Many homeowners purchase $300,000 in liability coverage, but you can buy more if you have many assets.
Loss of use
Loss of use coverage pays for living expenses if a covered event makes your home uninhabitable.
What to know about home insurance in Wilmington, NC
As homeowners in a coastal town, residents of Wilmington face unique challenges. Homes in the area are at a greater risk of damage from hurricanes, wind, and flooding. Standard home insurance covers wind damage, but it won’t cover flood damage.
To protect against flood damage, you’ll need to buy a separate flood insurance policy altogether. You can secure flood insurance through the NFIP or a private insurer.[5]
You may also need to have a separate hurricane deductible for hurricane damage in North Carolina. These deductibles are higher than standard deductibles and shift some more of the risk to you from your insurer in hurricane-prone areas. You’ll need to pay this before your insurer begins to cover damages.[6]
Wilmington homes may also experience corrosion and mold more frequently than homes located inland. Standard home insurance may not cover this type of damage if it’s unrelated to a covered peril. It’s worth exploring add-on coverages if you have concerns about this type of damage.
Find Cheap Home Insurance in Wilmington
See quotes from top insurers in minutes
Secure. Free. Easy-to-use.
Based on 7,669+ reviews
4.8/5
Average cost of home insurance in other cities in North Carolina
The cost of home insurance can vary by city and ZIP code in North Carolina. Every area and home has different risks, such as proximity to the coast, varying crime and vandalism rates, and the distance to a fire station. All these reasons and more can affect your home insurance rates.
Below, you can see how home insurance costs vary by city in North Carolina.
The below rates are estimated rates current as of: Tuesday, October 7 at 12:00 PM PDT.
City | Average Annual Premium: With $300,000 in Dwelling Coverage |
|---|---|
| Asheville | $1,860 |
| Winston | $2,064 |
| Greensboro | $2,076 |
| Charlotte | $2,172 |
| Durham | $2,244 |
| Raleigh | $2,424 |
| Fayetteville | $3,048 |
| Wilmington | $11,760 |
Wilmington homeowners insurance FAQs
If you’re shopping for home insurance in Wilmington, the additional information below can help as you research your coverage options.
The average monthly cost of home insurance in Wilmington is $1,000 for a $300,000 dwelling policy and a $1,000 deductible. You may also want to consider purchasing a separate flood insurance policy, given Wilmington’s coastal proximity. Adding flood insurance will increase your overall home insurance costs.
The cheapest homeowners insurance company in Wilmington is Travelers, with an average monthly rate of $478 for a $300,000 dwelling policy with a $1,000 deductible. You should compare quotes from several insurers to find the cheapest coverage for your home.
Wilmington doesn’t have a single best home insurance company for every homeowner, but a few companies stand out above the rest. State Farm, Allstate, and USAA are all excellent home insurers to consider in Wilmington.
The 80% rule is an insurance industry standard that recommends homeowners insure their homes for at least 80% of the replacement cost. Many insurers require homeowners to meet this threshold before providing coverage.
The average annual cost of home insurance for a Wilmington home with $500,000 in dwelling coverage and a $1,000 deductible is $18,863. For comparison, the average cost is $5,459 in North Carolina and $3,844 nationwide. How much you’ll pay for home insurance on a $500,000 house depends on various factors, including your home’s age, your area’s material costs, and even your credit history.
Your credit history affects your insurance rates because insurance companies factor it into a credit-based insurance score to determine the likelihood that you’ll file a claim. Insurers may associate higher credit scores with reliability, which can result in lower home insurance costs.
Related articles
)
Best Home Insurance Companies in San Jose, California
November 24, 2025
)
Average Cost of Homeowners Insurance
November 24, 2025
)
Best Home Insurance Companies in Montgomery, Alabama
November 24, 2025
)
How to Change Homeowners Insurance Companies
October 7, 2025
)
Best Home Insurance Companies in Toledo, Ohio
December 1, 2025
)
Cheapest Home Insurance for Older Homes
November 24, 2025
)
Best Home Insurance Companies in Little Rock, Arkansas
November 24, 2025
)
5 Best Home Insurance Companies
November 24, 2025
Sources
- New Hanover County Government Center. "Flooding."
- First Street. "Wilmington Flooding Risk."
- J.D. Power. "Homeowners Insurance Premium Increases Threaten Customer Loyalty, Long-Term Profitability, J.D. Power Finds."
- Insurance Information Institute. "Homeowners Insurance Basics."
- Federal Emergency Management Agency. "Flood Insurance."
- National Association of Insurance Commissioners. "Hurricane Deductibles."
)
Danny Smith
Danny is a Brooklyn-based writer with a producer’s license for property and casualty insurance. A former editor at Insurify, he specializes in auto, home, and pet insurance. He works to translate his insurance expertise into digestible, easy-to-understand content for drivers, homeowners, and pet owners alike.
Danny has been a contributor at Insurify since March 2022.
Licensed auto and home insurance agent
3+ years experience in insurance and personal finance editing
NPN: 20564519
Katie uses her knowledge and expertise as a licensed property and casualty agent in Massachusetts to help readers understand the complexities of insurance shopping.
Featured in