Secure North Carolina Land with Unheard-of Insurance Secrets

Financial Considerations and Cost Implications

While insurance might seem like an added expense, the cost is often outweighed by the financial protection it offers. For instance, the average cost of title insurance in North Carolina ranges from $1,000 to $2,000, depending on the property's value¹. Considering the potential legal costs of a title dispute, this investment is a prudent choice.

Similarly, land liability insurance costs can vary based on factors like property size and usage, but typically range from $300 to $1,000 annually². This coverage can prevent significant out-of-pocket expenses in the event of a lawsuit.