Insurable Homes

North Carolina

Home insurance of last resort in New Hanover County, North Carolina

At 30 June 2026 the North Carolina FAIR Plan insured 8,066 residential risks in New Hanover County, up 2.3% from a year earlier, with $2.0 billion of residential insured value. That is the 5th highest count among North Carolina's 100 counties.

FAIR Plan residential, 30 June 20268,066+2.3% in a year
Residential insured value$2.0 billion
FAIR Plan commercial1,333
Mar 23: 7,4257,425Mar 23Jun 23: 7,613Sep 23: 7,675Dec 23: 7,691Dec 23Mar 24: 7,781Jun 24: 7,822Sep 24: 7,872Sep 24Dec 24: 7,894Mar 25: 7,829Jun 25: 7,885Jun 25Sep 25: 7,845Dec 25: 7,934Mar 26: 7,991Mar 26Jun 26: 8,0668,066Jun 26

NC FAIR Plan residential count in New Hanover County at each quarter end

Quarter by quarter

Quarter endResidential countResidential insured valueCommercial countTotal count
30 June 20268,066$2.0 billion1,3339,399
31 March 20267,991$1.9 billion1,4799,470
31 December 20257,934$1.9 billion1,6289,562
30 September 20257,845$1.8 billion1,9159,760
30 June 20257,885$1.8 billion2,17810,063
31 March 20257,829$1.7 billion2,23310,062
31 December 20247,894$1.7 billion2,11210,006
30 September 20247,872$1.7 billion2,1079,979
30 June 20247,822$1.6 billion2,0149,836
31 March 20247,781$1.6 billion1,8439,624
31 December 20237,691$1.5 billion1,5849,275
30 September 20237,675$1.4 billion1,3889,063
30 June 20237,613$1.4 billion9698,582
31 March 20237,425$1.3 billion5888,013

Coastal Property Insurance Pool (Beach Plan)

New Hanover County is one of the 18 coastal counties served by the state's beach and coastal pool. At 30 June 2026 the pool insured 50,008 residential risks here, down 1.1% from a year earlier.

Quarter endResidential countResidential insured valueCommercial count
30 June 202650,008$33.1 billion3,151
31 March 202650,356$32.8 billion3,572
31 December 202550,625$32.5 billion3,819
30 September 202550,902$32.2 billion4,192
30 June 202550,549$31.4 billion4,241
31 March 202550,139$30.5 billion4,460
31 December 202449,620$29.7 billion4,456
30 September 202449,230$29.0 billion4,573
30 June 202448,308$27.7 billion4,715
31 March 202446,573$25.9 billion4,653
31 December 202344,788$24.2 billion4,588
30 September 202343,401$22.7 billion4,391
30 June 202341,276$20.8 billion4,060
31 March 202338,832$18.7 billion3,572

Nonrenewals, 2018 to 2023

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

YearNonrenewalsPolicies in forceNonrenewal rateNorth Carolina rate
202365920,9993.14%1.79%
202223820,5541.16%0.91%
20219017,5740.51%0.78%
20209416,7900.56%1.05%
201923118,3721.26%1.15%
201832520,1211.62%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.