Where to Get Cheap Renters Insurance in North Carolina (2025)
North Carolina’s best cheap renters insurance
Cheapest renters insurance in North Carolina
Amica and State Farm have the cheapest renters insurance in North Carolina.
Amica’s average renters insurance rate is $9 a month, while State Farm’s is $10. The difference between the two companies is only $12 a year.
| Company | Monthly rate | Annual rate | |
|---|---|---|---|
 | Amica | $9 | $108 |
 | State Farm | $10 | $120 |
 | Allstate | $14 | $168 |
 | Assurant | $16 | $192 |
 | Progressive | $16 | $192 |
Although Allstate and Progressive are more expensive, both companies offer quite a few discounts. Getting a couple of them could make one of those lenders your cheapest option.
This is one of the main reasons you should compare renters insurance quotes from several companies before choosing one.
Best renters insurance in North Carolina
Amica is the best renters insurance company in North Carolina overall, but don’t ignore State Farm, Progressive or Assurant. You should get quotes from them, as well, while you shop for coverage to see which has the best rates and coverages for you.
| Company | Best for | Monthly rate | Customer satisfaction score
Source: J.D. Power 2024 U.S. Home Insurance Study. Higher is better; 659 is average.
| LendingTree score |
|---|---|---|---|---|
| Amica | Overall | $9 | 695 |  |
| State Farm | Low rates | $10 | 679 |  |
| Progressive | Discounts | $16 | 619 |  |
| Assurant | Coverage options | $16 | Not rated | |
Best company overall and cheapest rates: Amica
Monthly rate: $9
Not only does Amica have North Carolina’s lowest renters insurance rates of $9 a month, it also has a lot of discounts that could make it even cheaper.
It scored highly in J.D. Power’s most recent U.S. Home Insurance Study
PROS
- State’s lowest rate
- Great customer satisfaction score
- More discounts than most companies
- Several coverage options to customize your policy
CONS
- Not as well known as some competitors
Runner-up: State Farm
Monthly rate: $10
Make sure you get a renters insurance quote from State Farm while you shop for coverage in North Carolina. Its rates are nearly as cheap as Amica’s, at $10 a month. It also offers a good number of coverage options, including pet medical insurance and identity restoration insurance.
Although State Farm doesn’t have as many discounts as other companies we surveyed, it does offer savings if you bundle renters and car insurance policies with it.
PROS
- Second-lowest rates in state
- Many add-on coverages
- Good customer satisfaction rating
CONS
- Fewer discount options than other companies
Best discounts: Progressive
Monthly rate: $16
Progressive’s renters insurance rates are worse than average, but it offers several discounts that will make it a lot more affordable for some.
With Progressive, you get renters insurance discounts if you:
- Agree to receive documents through email
- Bundle renters and auto insurance
- Get a quote three days or more before your policy starts
- Live in a gated or secured community
- Pay your entire premium right away
PROS
- Many discounts could make it cheaper
CONS
- Rates are higher than state average
- Covers the basics, but little else
- Poor customer satisfaction score
Best coverage options: Assurant
Monthly rate: $16
If you want to customize your renters insurance policy, consider buying from Assurant. It offers more coverage options than any other company we reviewed in North Carolina. Assurant lets you pay extra to cover:
- Backed-up drains or sewer
- Earthquakes
- Identity theft expenses
- Pet damage
-
Rent protection
Rent protection helps you pay your rent if you lose your job.
Assurant also includes some nice perks in its standard policies for free. All Assurant renters policies come with replacement cost
PROS
- Standard policies come with good perks
- More coverage add-ons than other companies
CONS
- Higher rates than Amica or State Farm
- Website lacks information
How much is renters insurance in North Carolina?
Renters insurance in North Carolina costs $13 a month, on average.
What you pay for renters insurance depends on factors like how much stuff you own, what it’s worth and the deductible you choose for your policy.
Where you live in the state can also impact your renters insurance premium
Is renters insurance required in North Carolina?
North Carolina law doesn’t require people to buy renters insurance. But you might still need to buy it because of your lease or rental agreement.
Many landlords require renters insurance to protect themselves in case you damage the building or your unit. They also do it to protect themselves from liability claims and needing to cover relocation costs if you have to move out while they make certain repairs.
Frequently asked questions
Amica has the cheapest renters insurance in North Carolina, with rates that average $9 a month, or $108 a year.
State Farm also offers affordable renters insurance rates of around $10 a month, or $120 a year.
The best renters insurance company in North Carolina is Amica because of its low rates, many discount options and reputation for customer service.
You could get into trouble for not having renters insurance if your lease or rental agreement requires it. If it does, and your landlord finds out you don’t have coverage, they could issue an eviction notice.
Your renters insurance policy usually only covers your belongings. Even if your policy does cover your roommates’ stuff, you probably wouldn’t want it to do so. In that case, you would all share the same coverage limits. If a fire damages all of your things, your personal property coverage would be divided between you.
Considering how cheap renters insurance usually is, you’ll get the most protection if you and your roommates each buy your own policies.
Methodology
LendingTree collected thousands of renters insurance quotes from the largest insurance companies in each state, based on data availability.
We used thousands of renters insurance quotes from across the U.S. for a 30-year-old single woman who has no recent renters insurance claims. Your rates may vary. Coverage limits include:
- Personal property coverage: $20,000
- Deductible: $500
- Personal liability: $100,000
- Guest medical protection: $1,000
- Loss of use: $9,000
Overall satisfaction ratings were obtained from J.D. Power’s 2024 U.S. Home Insurance Study. The agency’s scores are based on customer surveys that rate insurance companies on factors like price, policy offerings and claims.