Tag Archives: north carolina

North Carolina Home Insurance to Increase by 5.5 Percent on the Coast

23 Apr
Wrightsville Beach, NC Home Insurance

The legal dispute between the N.C. Rate Bureau (NCRB), which represents insurance companies in North Carolina, and the N.C. insurance department has come to an end with a statewide average increase for homeowners insurance coming in at 4.8 percent. This is significantly lower than the 18.7 percent that was originally floated back in November. The […]

NC Says No to Homeowners’ Insurance “temporary” Rate Hike

18 Jan
NC homeowners insurance rate hikes

Homeowners in North Carolina recently received a temporary reprieve from the requested 18.7% increase for homeowners rates. The insurance Commissioner, who has final say on rate hikes rejected the rate increase that had been made by insurance companies writing policies in the state. While the Insurance Commissioner rejected the 18.7% increase, it may just be […]

NC Rate Bureau Asks for 18.7 Percent Rate Hike for Homeowners Insurance

29 Nov
North Carolina Home Insurance Rates

The North Carolina Insurance Commissioner, Mike Causey recently announced that the North Carolina Rate Bureau would request a statewide average increase in homeowners insurance of 18.7 percent for 2018. The NC Rate Bureau works in conjunction with the insurance companies in the state and the NC Department of Insurance will rule on the request. This […]