Home Insurance in New Bern, North Carolina
Homes in New Bern carry a median value of $240,100 - close to the Craven County median.
The typical home in New Bern was built around 1989. About 21% of homes were built before 1960, about 7 points above Craven County's 14%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in New Bern is 69% single-family homes, 20% apartments in buildings with 5+ units and 4% mobile or manufactured homes.
About 61% of owner-occupied homes in New Bern have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
The vacancy rate is 13%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 60% of occupied homes in New Bern are owner-occupied.
Most homes in New Bern - 68% - are primarily heated with electricity.
FEMA rates Craven County's overall risk as Relatively Moderate, led by hurricane (Very High). Craven County had 5,671 active NFIP flood policies as of September 2026. See the full Craven County home insurance overview for all FEMA hazard ratings and flood coverage details.
According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in North Carolina carries a statewide average premium of $1,852 per year.
Key figures
| Median home value | $240,100 |
|---|---|
| Median year built | 1989 |
| Owner-occupied share | 60% |
| Share of owner-occupied homes with a mortgage | 61% |
| Top county hazard | Hurricane (Very High) |
| Active NFIP policies in Craven County | 5,671 |
| Home insurance premium | $1,852 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)