Insurable Homes

North Carolina

Home insurance of last resort in Pasquotank County, North Carolina

At 30 June 2026 the North Carolina FAIR Plan insured 2,180 residential risks in Pasquotank County, down 0.1% from a year earlier, with $410.0 million of residential insured value. That is the 52nd highest count among North Carolina's 100 counties.

FAIR Plan residential, 30 June 20262,180-0.1% in a year
Residential insured value$410.0 million
FAIR Plan commercial282
Mar 23: 1,9431,943Mar 23Jun 23: 2,000Sep 23: 2,018Dec 23: 2,036Dec 23Mar 24: 2,017Jun 24: 2,101Sep 24: 2,146Sep 24Dec 24: 2,165Mar 25: 2,184Jun 25: 2,183Jun 25Sep 25: 2,199Dec 25: 2,226Mar 26: 2,217Mar 26Jun 26: 2,1802,180Jun 26

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

Quarter by quarter

Quarter endResidential countResidential insured valueCommercial countTotal count
30 June 20262,180$410.0 million2822,462
31 March 20262,217$404.8 million2892,506
31 December 20252,226$400.7 million2972,523
30 September 20252,199$385.4 million2802,479
30 June 20252,183$375.0 million2962,479
31 March 20252,184$363.1 million2782,462
31 December 20242,165$348.2 million2732,438
30 September 20242,146$336.1 million2552,401
30 June 20242,101$319.6 million2512,352
31 March 20242,017$305.4 million2292,246
31 December 20232,036$296.2 million2222,258
30 September 20232,018$281.7 million2052,223
30 June 20232,000$272.0 million1872,187
31 March 20231,943$255.7 million1692,112

Coastal Property Insurance Pool (Beach Plan)

Pasquotank County is one of the 18 coastal counties served by the state's beach and coastal pool. At 30 June 2026 the pool insured 5,964 residential risks here, up 3.3% from a year earlier.

Quarter endResidential countResidential insured valueCommercial count
30 June 20265,964$3.0 billion801
31 March 20265,924$2.9 billion806
31 December 20255,914$2.9 billion809
30 September 20255,852$2.8 billion829
30 June 20255,773$2.7 billion847
31 March 20255,668$2.6 billion865
31 December 20245,599$2.5 billion857
30 September 20245,554$2.4 billion886
30 June 20245,427$2.3 billion868
31 March 20245,275$2.2 billion857
31 December 20235,152$2.1 billion852
30 September 20235,079$2.0 billion816
30 June 20234,990$1.9 billion844
31 March 20234,953$1.8 billion850

Nonrenewals, 2018 to 2023

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

YearNonrenewalsPolicies in forceNonrenewal rateNorth Carolina rate
20231872,6487.06%1.79%
2022313,0061.03%0.91%
2021192,9250.65%0.78%
2020132,8800.45%1.05%
2019222,9230.75%1.15%
2018412,9911.37%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.