Insurable Homes

North Carolina

Home insurance of last resort in Carteret County, North Carolina

At 30 June 2026 the North Carolina FAIR Plan insured 5,965 residential risks in Carteret County, down 0.5% from a year earlier, with $1.2 billion of residential insured value. That is the 12th highest count among North Carolina's 100 counties.

FAIR Plan residential, 30 June 20265,965-0.5% in a year
Residential insured value$1.2 billion
FAIR Plan commercial670
Mar 23: 5,6615,661Mar 23Jun 23: 5,725Sep 23: 5,794Dec 23: 5,858Dec 23Mar 24: 5,858Jun 24: 5,941Sep 24: 5,998Sep 24Dec 24: 6,028Mar 25: 5,975Jun 25: 5,993Jun 25Sep 25: 6,017Dec 25: 5,994Mar 26: 5,987Mar 26Jun 26: 5,9655,965Jun 26

NC FAIR Plan residential count in Carteret County at each quarter end

Quarter by quarter

Quarter endResidential countResidential insured valueCommercial countTotal count
30 June 20265,965$1.2 billion6706,635
31 March 20265,987$1.1 billion6606,647
31 December 20255,994$1.1 billion6976,691
30 September 20256,017$1.1 billion7276,744
30 June 20255,993$1.1 billion6956,688
31 March 20255,975$1.0 billion6796,654
31 December 20246,028$1.0 billion6646,692
30 September 20245,998$1.0 billion6296,627
30 June 20245,941$953.2 million5856,526
31 March 20245,858$913.9 million5306,388
31 December 20235,858$879.1 million5236,381
30 September 20235,794$848.2 million4786,272
30 June 20235,725$816.3 million4466,171
31 March 20235,661$786.7 million3946,055

Coastal Property Insurance Pool (Beach Plan)

Carteret County is one of the 18 coastal counties served by the state's beach and coastal pool. At 30 June 2026 the pool insured 27,021 residential risks here, up 0.1% from a year earlier.

Quarter endResidential countResidential insured valueCommercial count
30 June 202627,021$15.2 billion2,862
31 March 202627,008$14.9 billion3,236
31 December 202527,085$14.7 billion3,298
30 September 202527,193$14.5 billion3,341
30 June 202526,993$14.1 billion3,478
31 March 202526,800$13.6 billion3,629
31 December 202426,716$13.3 billion3,634
30 September 202426,585$13.0 billion3,745
30 June 202426,256$12.4 billion3,636
31 March 202425,754$11.7 billion3,789
31 December 202325,230$11.1 billion3,738
30 September 202324,911$10.6 billion3,671
30 June 202324,175$9.8 billion3,456
31 March 202323,319$9.1 billion3,024

Nonrenewals, 2018 to 2023

From the Senate Budget Committee's insurer data. More on nonrenewals in Carteret.

YearNonrenewalsPolicies in forceNonrenewal rateNorth Carolina rate
20232105,0264.18%1.79%
2022874,8431.80%0.91%
2021234,7070.49%0.78%
2020304,9010.61%1.05%
2019455,2130.86%1.15%
20181335,4892.42%2.07%
How to read this. Counts are the pools' published counts of insured risks, which are close to but not always the same as policies. Insured value is the pools' aggregate liability for buildings and contents. A rising count can mean fewer private insurers writing in the area, but the pools do not say why owners joined.

Sources

  1. North Carolina Joint Underwriting Association (NC FAIR Plan), Quarterly financial statements, Aggregate Liability by Counties
  2. North Carolina Insurance Underwriting Association (Coastal Property Insurance Pool), Quarterly financial statements, Aggregate Liability by Counties
  3. US Senate Budget Committee, Homeowners insurance nonrenewal data by county, 2018 to 2023 (December 2024 release)

Checked 29 October 2026. Figures are reproduced as published and are not adjusted.