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Insurance Costs in High Point, NC

Population: 112,791 | South region | 22% above national average for homeowners insurance

Homeowners
$3,161/yr
State avg: $2,900
Renters
$178/yr
State avg: $168
Auto
$1,819/yr
State avg: $1,702
Landlord
$3,951/yr
State avg: $3,625

Compared to State & National Averages

Homeowners Insurance
$3,161 City
$2,900 State
$2,600 National
Renters Insurance
$178 City
$168 State
$160 National
Auto Insurance
$1,819 City
$1,702 State
$2,497 National
Landlord Insurance
$3,951 City
$3,625 State
$3,250 National

Risk Factors & Details

Local Risk Factors
severe stormstornado
Crime Index
52/100
Total Annual Insurance$9,109
Monthly Insurance Budget$759
vs National Total+23%

Insurance Market Analysis: High Point, NC

High Point is a mid-size city with a population of 112,791 in the South region. Insurance costs here are shaped by a combination of North Carolina's regulatory environment, local risk factors, and the city's specific demographic profile.

Homeowners in High Point face significantly elevated insurance costs at $3,161/yr — 22% above the national average. Over a 30-year mortgage, this premium gap amounts to approximately $16,830 in additional insurance costs compared to the average American homeowner. This is a material factor in the true cost of homeownership here and should be carefully factored into any home purchase decision.

Severe weather — particularly tornado — is the primary driver of elevated insurance costs in High Point. The region experiences multiple severe weather events annually, generating billions in insured losses. Impact-resistant roofing (Class 4) is one of the most effective investments homeowners can make, potentially reducing premiums by 10-30%.

High Point's crime index of 52/100 is moderate — neither a significant penalty nor a notable benefit for insurance pricing. Standard security measures and a claims-free history are the most effective ways to keep premiums in check.

The total annual insurance budget for a High Point homeowner with a car is approximately $4,980/yr ($415/mo). This is roughly in line with the national combined average of $5,097/yr. Insurance costs in High Point are neither a major burden nor a particular advantage. Bundling homeowners and auto with the same carrier typically saves 15-20%, which could mean $847 in annual savings.

Data sources: Insurance cost estimates derived from NAIC reports, Insurance.com, Bankrate, and Insurify (2025-2026). City risk factors from FEMA, FBI UCR, and state insurance department filings. Figures represent average annual premiums for standard coverage and may vary based on individual factors.

In-Depth Insurance Guides for High Point

Estimate Your Premium in High Point

Property Details
$
Estimated Annual Premium
$3,383Above Average
$282/month in North Carolina
Monthly Cost
$282
estimated premium
vs National Avg
+30%
Avg: $2,600/yr
State Average
$2,900
North Carolina avg/yr
Per $1,000 Value
$9.67
rate per $1K coverage
Cost Factors in North Carolina
hurricane riskPrimary
severe thunderstormsContributing
mountain floodingContributing
Top ProviderState Farm

Other Cities in North Carolina

See all insurance costs for North CarolinaInvesting? Visit CapRateCity.com | Buying? Try MortgageMathLab.com | Relocating? Check TakeHomeTax.com
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