Lumber Bridge, NC Homeowners Insurance Rate Quotes!

Thank you for searching for Lumber Bridge homeowners insurance quotes online with GetHomeInsuranceQuotes.com. We can offer competitive rates for your home in Lumber Bridge, NC. Our quick quoting process allows homeowners to compare and review multiple coverage and policy options, we can usually help you compare the top 12 best rates in your area. Lumber Bridge is a great place to live and has over 1,143 homes that are currently insured by a standard homeowners policy. Although the Lumber Bridge population is 3,125, many homeowners have found that they are paying too much for a single family home and would like to make sure they have affordable coverage to help save them money on recent mortgage costs. Getting the right coverage provides the protection you need from expensive repairs that a fire, wind or theft may cause. Wouldn’t you like a dependable company to provide the financial support and reassurance you need if something happened to your home? Easily shop and compare up to 12 rate quotes all in one place.

Best Rates & Coverages in Lumber Bridge

Lowering your homeowners insurance rates is a big ticket item these days, as rates increase, we help you shop and compare the best rates and coverage options. Our free consulting process helps you get the answers you need fast to help make the best decision for your home and family. Average rates in Lumber Bridge are around $68 per month ($815/yr.). Homes less than 1800 square feet can see rates as low as $565 per year. Larger homes in Lumber Bridge cost more to insure so homeowners are paying around $1,115 a year, mainly because of the risk coverage needed to rebuild or replace the home.

Compare Homeowners Insurance Rates in Lumber Bridge, NC!

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Lumber Bridge, NC Insurance Carriers

With over 20 years of North Carolina home insurance coverage and quoting experience, we enjoy helping customer find the best rate and coverage options for your home in Lumber Bridge, NC. Our new carrier platform includes quick rates from the very best insurance companies, like Liberty Mutual, Safeco Insurance, Tower Hill, ShoreOne, Kind Group Underwriting, AIG, Chubb, Travelers, National General, Heritage Insurance and the North Carolina Joint Underwriting Association (NCJUA) for wind and hail insurance policies. Getting the best insurance rates with the right insurance company is key to protecing your most valuable investment, your Lumber Bridge home. Let us help you shop the best North Carolina home insurance rates and coverages today!

Average Rates Nearby Lumber Bridge

Are you looking for homeowners insurance in a city near Lumber Bridge? Review coverage options and average rates in your area by clicking your city below. We can help you shop home insurance rates!

Home Insurance Rates by Zipcode in Lumber Bridge, NC

Easily review average rates and get multiple homeowners insurance quotes by clicking your zip code below located in Lumber Bridge.

28357,

Lumber Bridge, NC Home Insurance Average Premiums

Local Lumber Bridge, NC home insurance quotes comparison

$565 /yr.

Shows Lumber Bridge's lowest average rates with discounts applied.

For the city of Lumber Bridge, homeowners insurance rates may vary on deductible, coverage amount and property details. Below is a list of the averages based on the cost of an annual home insurance premium.

Coverage Amount:	Annual Premium
1800 sq. ft. or below (discounts applied)	$565 /yr.
Average Coverage:	$815 /yr.
2600 sq. ft. or higher (all discounts applied)	$1115 /yr.

What is the average home insurance cost for a home in Lumber Bridge, NC?

• The average homeowners insurance premium paid annually for a home in Lumber Bridge is around $815 per year.

What does it cost on average per month for home insurance in Lumber Bridge, NC?

• Homeowners in Lumber Bridge pay an average cost per month around $68.00 for insurance coverage.

Lumber Bridge, NC - 2023 Housing Information

Month	Current Home Value (2023)	Last Year Home Value (2022)
January	$174,793	$159,345
February	$176,097	$160,839
March	$178,350	$162,695
April	$180,408	$164,582

Homeowners insurance will help cover the cost to repair or replace your Lumber Bridge home if it is damaged or destroyed by a covered peril, up to your coverage limits. A homeowners policy is made up of a few different coverages. Here are the most common coverages:

Dwelling: This coverage will pay to repair or replace the structure of your home if it is damaged or destroyed. Review and Calculate Replacement Cost Coverage in Lumber Bridge
Liability: This coverage will help cover medical and legal bills if someone is injured in your home, slipping on an icy sidewalk for example. It also offers protection if you damage another person’s property, your child hitting a baseball through a neighbor’s window for example.
Contents: This covers the cost to replace your personal possessions that are destroyed by a covered peril. Furniture, electronics, clothing and household goods are excellent examples. Contents coverage is often capped at 50% to 70% of your dwelling coverage.
Other Structures: This coverage protects other structures on your property such as detached garages, outbuildings, barns, and sheds.
Loss of use: This covers everyday costs that you incur if you cannot live in your home while it is being repaired due to a claim. It will pay hotel and restaurant bills and even the cost of dry cleaning.

Get up to 12 competitive Lumber Bridge, NC homeowners insurance rates all in one place!

Saving Money Tips on Lumber Bridge Home Insurance

A great way to save money on Lumber Bridge homeowners insurance is to make sure you are getting all the discounts you are qualified to receive. Here are just a few of the most common discount’s insurers offer:

Bundling: If you purchase your home and auto (or any other insurance coverage) from the same insurer, you should get a bundling discount. Expect to save 20%-25%.
Secure your home: Adding a monitored security system, water leak sensors, deadbolts, and smoke detectors should result in a discount.
Impact resistant roof: If you are replacing your roof, consider impact resistant roofing materials which help prevent hail and impact damage as well as resulting in a significant discount.
Stay claim free: If you have been claim free for a number of years (five is a common requirement) your insurer should offer a claim free discount.

Are you shopping for the best rate near or wihin the Lumber Bridge area? Check out what homeowners are paying on average for North Carolina homeowners insurance.

Elevation Review for Coastal Wind or Flooding Risk

Elevation	Details	Homeowners Tips
196 ft.	This is the average home elevation in Lumber Bridge, NC	Did you know that the elevation in which your home resides is crucial to a home insurance policy because it determines the risk factor related to your home being in a flood zone. It is important to understand that your home is not covered for floods under a standard homeowners policy. You will need to speak with a local North Carolina flood insurance agent about a flood insurance policy, please give us a call now at 888-620-1954.

To get online quotes on your home and compare rates on home insurance premiums in Lumber Bridge, enter your zip code above and easily complete our online quoting application. Remember, it's important to speak with us about additional home insurance discounts so you can get the best rate for your home in Robeson County.

North Carolina Homeowners Insurance News & Information

North Carolina Joint Underwriters and Wind Pool Map Explained Posted on Wednesday 5th June, 2024
North Carolina is a lovely state to call home. Our state is packed with beautiful cities, museums, restaurants and of course, some of the loveliest beaches in the country. Unfortunately, if you live in one of our amazing coastal southern cities such as Ocean Isle Beach, Sunset Beach, Oak Island Beach, Calabash, Bald Head Island, […]
North Carolina Coastal Home Insurance Rates Posted on Friday 29th March, 2024
North Carolina is a fantastic place to live with plenty of cultural activities, beautiful beaches, world-class cities as well as great restaurants and shopping. The only disadvantage to living in North Carolina, particularly if your home is located in coastal area is the cost of homeowners insurance. The average premium for a standard homeowners insurance […]
NC Residents Speak Against 42% Rate Increase Requested by Rate Bureau Posted on Tuesday 13th February, 2024
During a recent public comment session held by the North Carolina Department of Insurance, dozens of North Carolina residents spoke out against an average rate increase of 42% that the North Carolina Rate Bureau is requesting. The Rate Bureau represents insurance companies in the state and earlier this year requested average rate increases of 42%. […]
North Carolina: 2024 Homeowners Insurance Rate Increase Proposed Posted on Friday 19th January, 2024
Recently, the North Carolina Rate Bureau requested that the N.C. Department of Insurance allow increases to homeowners’ insurance rates by an average of 42.2 percent. If the NCDOI agrees, the proposed rates will go into effect Aug. 1. However, it is also possible that the NCDOI will not agree to the increase and deny the […]
2024 Homeowners Insurance Outlook Receives Negative Rating Posted on Tuesday 21st November, 2023
The insurance news for 2024 is certainly not great. Experts expect that extreme weather and increasing costs will push up insurance costs and make insurance companies more selective when deciding where they will write policies. Recently, credit rating agency AM Best downgraded the entire home insurance industry from stable to negative. According to Richard Attanasio, […]

Lumber Bridge, NC Dwelling Coverage Estimate

It is important to calculate your dwelling coverage for your home in Lumber Bridge so you know what type of homeowners insurance coverage you need to cover your replacement cost. It is recommended to have enough dwelling coverage to rebuild your home if it was destroyed by a covered peril.

Please remember that replacement cost coverage does not include the cost of the land, only the price to rebuild your home, which is why we like to help customers by answering a few questions that you may have.

What is the average replacement cost coverage in Lumber Bridge, NC?

- The average square footage in Lumber Bridge is around 724 Sq. Ft. which would cost you around $97,800 to replace the home if you base the home on the price to build per square foot of $135.

Minimum Replacement Cost Total: $97,800

Location: Lumber Bridge, North Carolina (Robeson County)

Average Building Cost Per Square Foot in Lumber Bridge: $135 (low end)

Average Square Footage in Lumber Bridge: 724 Sq. Ft.

Home Improvement Status	Price per Sq. Ft.	Dwelling Coverage
None or Very Minor Improvements	$135	$97,800
Some Additional Upgrades	$169	$122,250
Major Home Updates or Advancements	$203	$146,700

Calculate Your Lumber Bridge, NC Dwelling Coverage

The dwelling coverage is calculated by the average cost per square foot ($135) in Lumber Bridge, North Carolina times your heated square footage. Which would equal the cost to rebuild your home minus the cost of the property or land. Some homes will have a higher replacement cost due to home improvements like updated kitchens and bathrooms. Other upgrades may include: granite countertops, hardwood floors and stainless steel appliances. The national square foot average to build a brand new home is around 2500 square feet. So if you are looking to build, and your square footage of your new home is 2500, you are looking at a dwelling coverage premium of around $421,875 (Media price to build of $169 x 2500 sq. ft.) to cover the cost to rebuild your new home.

What is the difference between actual cash value and replacement cost value?

Homeowners insurance is available in both actual cash value (ACV) and replacement cost value (RCV). Knowing the difference is important:

Actual cash value: When valuing your personal possessions, an actual cash value policy will take depreciation into account. This means that your 10-year-old TV will be basically worthless according to your insurance company. While an ACV policy tends to be cheaper, if you have to make a claim you may be disappointed in your claim payout.

Replacement cost value: A RCV policy will replace your possessions with brand new items of similar quality regardless of how old they were at the time they were destroyed. While RCV policies are slightly more expensive, they are well worth the cost if you have to make a claim.