NC Home Insurance Rates Drop 10-15%. What It Means | Kolstad Insurance Services

After years of watching premiums climb, North Carolina homeowners are finally catching a break. One of our top insurance partners has just announced a 10–15% rate decrease for home insurance policies across the state.

For a homeowner paying $2,000 annually, we're talking about $200-$300 in savings. However, what matters more is that this isn't just one carrier being generous. It's a signal that the market is stabilizing after years of storm losses, inflation, and skyrocketing replacement costs.

This Could Mean Lower Rates Are Coming

When a major carrier drops rates, it often creates a ripple effect. Other companies start competing harder for business, and that competition works in your favor. Even if you're not with this particular carrier, there's a good chance your renewal might look better than expected—or that switching carriers could save you even more.

The decrease likely reflects improved loss experience in North Carolina, better reinsurance costs, and carriers rewarding homeowners who've invested in storm-resiliency improvements. Bottom line: Insurers are feeling more confident about our state, and that confidence translates to lower premiums.

What This Means If You're in Jacksonville, Onslow County, or Eastern NC

If you own a home in our area, now's the perfect time to review your policy. Even if you've been with the same carrier for years, small changes in the market can shift which company offers you the best deal.

Here's what you should know:

If you're with this carrier, You don't need to do anything. The rate reduction should show up automatically at your next renewal. However, it's still worth a call to ensure you're maximizing discounts and have the right coverage.

If you're with a different carrier: Don't assume you're stuck with higher rates. We can shop your policy across multiple carriers to see if you qualify for similar savings or better. Rate changes like this shuffle the deck, and the carrier that was the most expensive last year might now be your best option.

For everyone: Remember, the lowest rate isn't always the best deal if it comes with coverage gaps or a carrier that's tough to work with during claims. We consider the entire picture: price, coverage, and service quality.

We Shop So You Don't Have To

This is exactly why working with an independent agent matters. When markets shift, we're already comparing your options across multiple companies. You're not locked into one carrier's pricing or stuck navigating rate changes alone.

We track these announcements, know which carriers are dropping rates and which are raising them, and make sure you're positioned to benefit. Think of us as your insurance market insider, except instead of stock tips, we're finding you better coverage at better prices.

The Real Story Behind Rate Drops

Let's be honest: insurance companies don't lower rates out of the goodness of their hearts. This decrease likely means:

Whatever the reason, we'll take it. After watching premiums climb for the last few years, any downward movement is worth celebrating.

Your Next Move

Market changes like this don't happen often, and when they do, it's smart to strike while the iron's hot. Even if you're happy with your current coverage, a quick review could uncover savings you didn't know were available.

Because insurance should protect your peace of mind and your wallet, not just one or the other.

Find the Best Home Insurance Rates in Jacksonville, NC

Whether you're in Jacksonville, Swansboro, Sneads Ferry, or anywhere in Onslow County, we've got you covered. As your local independent insurance agent, we have access to multiple carriers and can find the right coverage at the best available price.

Ready to see what these rate drops could mean for you? Contact Kolstad Insurance Services today. We'll help you navigate the changes and make sure you're getting the most value for every dollar you spend on insurance.