Archive | February, 2024

2024 Average Homeowners Insurance Rate at $2,777 per year 

20 Feb
United,States,In,Close,Up,On,The,Map.,Focus,On

A recent report by Insurance.com, found that the average homeowners insurance rate in the U.S. came in at $2,777 per year which breaks down to $231 a month. The average was based on coverage levels of $300,000 in dwelling and liability and a $1,000 deductible. When Insurance.com ran the numbers, Oklahoma was the most expensive […]

NC Residents Speak Against 42% Rate Increase Requested by Rate Bureau

13 Feb
Beautiful,Business,Woman,Is,Speaking,On,Conference.

During a recent public comment session held by the North Carolina Department of Insurance, dozens of North Carolina residents spoke out against an average rate increase of 42% that the North Carolina Rate Bureau is requesting.  The Rate Bureau represents insurance companies in the state and earlier this year requested average rate increases of 42%. […]