Insurable Homes

North Carolina

Home insurance of last resort in Craven County, North Carolina

At 30 June 2026 the North Carolina FAIR Plan insured 4,179 residential risks in Craven County, up 0.7% from a year earlier, with $762.7 million of residential insured value. That is the 27th highest count among North Carolina's 100 counties.

FAIR Plan residential, 30 June 20264,179+0.7% in a year
Residential insured value$762.7 million
FAIR Plan commercial641
Mar 23: 3,6173,617Mar 23Jun 23: 3,676Sep 23: 3,756Dec 23: 3,795Dec 23Mar 24: 3,830Jun 24: 3,922Sep 24: 4,013Sep 24Dec 24: 4,064Mar 25: 4,102Jun 25: 4,149Jun 25Sep 25: 4,221Dec 25: 4,225Mar 26: 4,239Mar 26Jun 26: 4,1794,179Jun 26

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

Quarter by quarter

Quarter endResidential countResidential insured valueCommercial countTotal count
30 June 20264,179$762.7 million6414,820
31 March 20264,239$745.8 million6334,872
31 December 20254,225$722.7 million6104,835
30 September 20254,221$696.3 million6314,852
30 June 20254,149$660.5 million6044,753
31 March 20254,102$632.4 million5464,648
31 December 20244,064$607.8 million5294,593
30 September 20244,013$582.6 million5024,515
30 June 20243,922$546.6 million4874,409
31 March 20243,830$515.0 million4124,242
31 December 20233,795$487.8 million3604,155
30 September 20233,756$468.0 million3234,079
30 June 20233,676$443.0 million2853,961
31 March 20233,617$425.6 million2633,880

Coastal Property Insurance Pool (Beach Plan)

Craven County is one of the 18 coastal counties served by the state's beach and coastal pool. At 30 June 2026 the pool insured 18,581 residential risks here, up 2.9% from a year earlier.

Quarter endResidential countResidential insured valueCommercial count
30 June 202618,581$10.2 billion1,915
31 March 202618,514$10.0 billion1,981
31 December 202518,453$9.8 billion1,976
30 September 202518,342$9.5 billion2,009
30 June 202518,061$9.1 billion2,060
31 March 202517,790$8.8 billion2,119
31 December 202417,604$8.5 billion2,130
30 September 202417,340$8.2 billion2,131
30 June 202417,032$7.8 billion2,111
31 March 202416,564$7.3 billion2,188
31 December 202316,178$7.0 billion2,150
30 September 202315,836$6.6 billion2,190
30 June 202315,299$6.2 billion2,112
31 March 202314,941$5.9 billion2,077

Nonrenewals, 2018 to 2023

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

YearNonrenewalsPolicies in forceNonrenewal rateNorth Carolina rate
20234719,6844.86%1.79%
2022729,7660.74%0.91%
2021619,4210.65%0.78%
2020329,2730.35%1.05%
20191069,3841.13%1.15%
20181309,6641.35%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.