Burlington, NC Homeowners Insurance

Find the right homeowners insurance policy for you.

Written by Meg Stefanac
Written by Meg Stefanac

Financial blogger and business owner, Meg Stefanac, has more than 15 years experience working in the financial services industry and enjoys helping individuals make solid financial decisions. Meg has extensive experience writing about insurance and finances and is a key contributor to TrustedChoice.com.

Gated community houses with palms, South Florida

Located in both Alamance and Guilford counties, the city of Burlington, NC is home to about 50,000 people. This city features several parks, numerous schools, and a low cost of living. It also has a great public transportation system and an Amtrak station, with direct lines to several major cities. 

All of this makes it a great place to buy a house and raise a family. If you own a house in Burlington, you will want to be sure to protect your investment with a suitable homeowners insurance policy. Independent Insurance Agents in Burlington can help you find reliable, comprehensive coverage at an affordable price. Find an insurance agent near you to learn more.

How Much Does Homeowners Insurance Cost in Burlington, NC?

In general, home insurance rates in North Carolina are lower than the national average. In Burlington, with its abundance of affordable homes, average rates are even lower. 

  • National yearly premium average: $1,173
  • North Carolina yearly premium average: $1,075
  • Burlington yearly premium average: $556

Of course, your quoted costs may vary from the figures shown above because rates are calculated individually according to several factors such as:

  • The age, size, value, and other details about your house
  • The type of home you are insuring (e.g., single-family detached, condo, mobile home, etc.)
  • Whether the insured property is your primary residence or a second home
  • The crime rate and common weather hazards in your ZIP code 
  • Your claims history and credit score
  • The size of your deductible

If you bundle your home insurance with other policies such as car insurance or life insurance, you can often get all of your policies at discounted rates. An independent agent in Burlington can help you find the best policy to meet your coverage and budgetary needs.

Burlington Homeowners Can Get Coverage against Burglary

The burglary rate in North Carolina is higher than the national average, and in Burlington, the rate is even higher. Residents of this city report more than 400 burglaries every year. 

  • Number of burglaries per 1,000 homes in the US: 4.69
  • Number of burglaries per 1,000 homes in North Carolina: 7.10
  • Number of burglaries per 1,000 homes in Burlington: 8.91

Because of the high property crime rate in Burlington, you may want to consider installing a home security system in your house. Of the many precautionary measures you can take to lower your risk of a burglary, burglar alarm systems are among the most effective. 

As an added bonus, many insurance companies offer discounts to homeowners who have them. If your house is broken into, your homeowners insurance policy can provide compensation for your losses once your deductible is met. Your local insurance agent can help you review your contents coverage to ensure that your home insurance policy sufficiently covers your most valuable belongings. 

Homeowners Insurance Covers against Many Catastrophic Events 

Homeowners insurance is designed to cover the structure of your house (dwelling coverage) as well as the personal property you keep inside it (contents coverage). You will want to be sure that your coverage limits are high enough to allow you to rebuild, repair, or replace damaged items if your house is impacted by a catastrophic event like an accidental fire or heavy winds.

  • Number of federally declared disasters in North Carolina: 58
  • Most common reasons for disasters in the state: Hurricanes, Tropical Storms and Floods
  • Average number of tornadoes per year in North Carolina: 29.1
  • Average amount of property damage per year in NC: $1,379,438,000
  • 1 in 15 insured homes has a claim each year.

Although most home insurance policies cover hurricane damage, they do not cover the flood damage that frequently accompanies these storms. Residents near Lake Mackintosh and area waterways like Gum Creek are most at risk for flooding, and during very heavy downpours, flash flooding is possible just about anywhere in this city. Be sure to discuss your flood risk with an independent agent. Your agent can help you secure a supplementary flood insurance policy through the NFIP.


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Burlington Homeowners Insurance Provides Liability Protection

Your homeowners insurance policy offers more than just property coverage. It also provides you with personal liability insurance. This is designed to cover court costs, legal fees, damages, and other associated expenses you are found liable for if you cause injury or damage to a third party. Some examples of times that your homeowners liability insurance may protect you include:

  • If a visitor to your home  is seriously injured in an accident that occurs on your property
  • If your pet gets loose and bites someone or damages a neighbor’s property
  • If your child accidentally breaks someone’s windshield while playing ball in the park
  • If you are sued for libel or slander because of something you posted online

Also, if you wish to have more liability coverage than your home insurance policy can provide, an umbrella insurance policy can significantly boost your coverage limits for an affordable price. That way, you can have even better protection for your personal assets.

Second Home and Vacation Home Insurance

Maybe you own a vacation house on the coast. Or perhaps you own a second house that you rent out to tenants locally. If you are among the Burlington residents who own more than one house, your secondary properties are likely to have additional risk factors that will need to be covered. 

This may result in slightly higher rates to insure these second homes. A home that is rented out to tenants will have higher liability risks but lower contents coverage needs. Such a house would need specialized coverage that only comes with a landlord insurance policy.

A vacation home that is frequently left unoccupied has higher property damage risks and may need to be covered by vacant home insurance when it is not in use. An independent insurance agent can help you review the coverage needs of your secondary properties and can help you find the best home insurance coverage for each of them.

Why Work with an Independent Insurance Agent in Burlington, NC?

Independent agents are happy to help you with all of your insurance coverage needs. You can turn to one of these local insurance professionals when you are looking for answers to your insurance-related questions and when you would like assistance with finding the best and most affordable policies.

Contact an independent insurance agent with an office in or near Burlington to learn more. You will soon discover how easy it can be to compare customized, competitively priced homeowners insurance quotes.

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