Tag Archives: coastal properties

Flood Insurance Costs Now in Line With Actual Risk

07 Oct
Houses on a flood plain, with a hand raising up the house in the foreground. A metaphor regarding home insurance and flood protection.

Recently, the Federal Emergency Management Agency (FEMA) incorporated climate risk into the cost of flood insurance for the first time in their history which will dramatically increase the price of insurance for some homebuyers. Most currently policyholders will see their rates go up by at least 18 percent per year. The new risk assessment plan […]

North Carolina Coastal Home Insurance: What You Need To Know!

08 Mar
Coastal North Carolina Home Insurance

North Carolina is a beautiful state to live in but homeowners insurance can be expensive, especially if you live near the coast. The average premium for an HO-3 policy, which is considered the standard for single family homes in North Carolina, is $1,008, which is roughly 8 percent lower than the national average of $1,034. […]