North Carolina residents won’t have to worry about homeowner insurance rates going up, at least for a bit longer. North Carolina’s insurance Commissioner, Mike Causey has decided to extend the hearing scheduled for the proposed statewide increase from Sept. 4, 2019, to Oct. 2, 2019. The hearing is to discuss the proposed statewide average increase […]
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State (NC) Rejects Proposed Homeowners Insurance Increase
05
Jan
North Carolina homeowners are getting a reprieve from higher premiums, at least for another year. Insurance companies who were hoping their request for a 25 percent increase would be approved were disappointed recently when the state regulator agreed to a zero percent increase. Wayne Goodwin, the Insurance Commissioner in North Carolina said, “I found no […]