North Carolina Homeowners Insurance Rate History (1993–2026)
Every homeowners rate filing made by the North Carolina Rate Bureau, what the Department of Insurance approved, and the date each change took effect. Requested figures are shown in brass, approved figures in green.
Current approved change — statewide average
+15.0%approved statewide average
If your renewal went up more than this, see why →
- Effective dates
- June 1, 2025 and June 1, 2026
- Requested by the Rate Bureau
- +42.2%Docket 1584
The Rate Bureau requested a 42.2% statewide average increase in January 2024, including much larger requests in coastal territories. After a public comment period and a scheduled hearing, the Department of Insurance and the Bureau settled at a 15.0% statewide average, phased as 7.5% on June 1, 2025 and 7.5% on June 1, 2026. The settlement also bars a new homeowners rate filing before June 1, 2027.
Next expected
No new filing permitted before June 1, 2027.
Scope this page to a county
Showing statewide averages. Approved changes are distributed unevenly by territory, so a county view will usually differ from the statewide number.
Approved versus requested homeowners changes
Statewide average. Rates change discretely on their effective dates, so the chart steps and never slopes. Requested figures are brass, approved figures green.
What else was happening
- 1.Jun 1, 2015 — 25.3% request produced no statewide change source
- 2.Sep 14, 2018 — Hurricane Florence makes landfall near Wrightsville Beach source
- 3.Sep 27, 2024 — Hurricane Helene reaches western North Carolina source
- 4.Jun 1, 2027 — No new filing permitted before this date under the homeowners-2024 settlement source
Sources (4)
- Rate Bureau requested 42.2%; settled at 15.0% phased over two years Source · DOCKET-1584-CONSENT-ORDER
- Rate Bureau requested 42.2%; settled at 15.0% phased over two years Source · P-24-1
- Hurricane Florence makes landfall near Wrightsville Beach Source
- Hurricane Helene reaches western North Carolina Source
Citations are Chicago style with the date you accessed the page. Every figure traces to an NCRB circular or an NCDOI settlement or order.
Every homeowners filing on record
| Filed | Requested | Outcome | Status | Effective | Docket | Source |
|---|---|---|---|---|---|---|
| January 3, 2024 | +42.2% | +15.0% | Settled | June 1, 2025 and June 1, 2026 | 1584 | |
| December 8, 2020 | +24.5% | +7.9% | Settled | April 1, 2021 | — | |
| November 1, 2018 | +17.4% | +4.0% | Settled | May 1, 2019 | — | |
| January 2, 2014 | +25.3% | 0.0% | Settled | June 1, 2015 | — | |
| October 11, 2012 | +17.7% | +7.0% | Settled | July 1, 2013 | — | |
| November 14, 2008 | +19.5% | +4.0% | Settled | May 1, 2009 | — |
Get told when this changes
One email when a new filing is made, when a hearing is set, and when an approved change takes effect. Nothing on this site is ever hidden behind it.
Everything that has happened, newest first
- Took effect
Second 7.5% step takes effect
The second half of the settled increase applies to new and renewal policies written on or after this date.
- Took effect
First 7.5% step took effect
The first half of the settled increase applied to new and renewal policies written on or after this date.
- Settled
Settled at 15.0% phased over two years
The settlement set a 15.0% statewide average, applied as 7.5% in 2025 and 7.5% in 2026, and barred a new filing before June 1, 2027.
- Hearing set
Department of Insurance set the filing for hearing
The Commissioner scheduled a hearing after a public comment period drew heavy response.
- Filed
Rate Bureau filed a 42.2% homeowners request
The Rate Bureau filed for a 42.2% statewide average increase, with far larger requests in some coastal territories.
- Took effect
7.9% took effect
The settled rates applied to new and renewal policies written on or after this date.
- Settled
Settled at 7.9%
The settlement set a 7.9% statewide average, with coastal territories moving more than inland ones.
- Filed
Rate Bureau filed a 24.5% homeowners request
The Rate Bureau filed for a 24.5% statewide average increase.
- Took effect
4.0% took effect
The settled rates applied to new and renewal policies written on or after this date.
- Settled
Settled at 4.0%
The settlement set a 4.0% statewide average.
- Filed
Rate Bureau filed a 17.4% homeowners request
The Rate Bureau filed for a 17.4% statewide average increase.
- Settled
Settled with no statewide change
The settlement left statewide average base rates unchanged.
- Filed
Rate Bureau filed a 25.3% homeowners request
The Rate Bureau filed for a 25.3% statewide average increase.
- Took effect
7.0% took effect
The settled rates applied to new and renewal policies written on or after this date.
- Settled
Settled at 7.0%
The settlement set a 7.0% statewide average, distributed unevenly by territory.
- Filed
Rate Bureau filed a 17.7% homeowners request
The Rate Bureau filed for a 17.7% statewide average increase.
- Took effect
4.05% took effect
The settled rates applied to new and renewal policies written on or after this date.
- Settled
Settled at 4.05%
The Department of Insurance and the Rate Bureau settled at a 4.05% statewide average.
- Filed
Rate Bureau filed a 19.5% homeowners request
The Rate Bureau filed for a 19.5% statewide average homeowners increase.