Tag Archives: coastal homeowners insurance rates

North Carolina Home Insurance Rate Increase Request

19 Nov
nc-insurance-department

North Carolina Insurance Commissioner Mike Causey recently announced that the North Carolina Rate Bureau (NCRB) has requested a 24.5% statewide average increase in homeowners’ insurance rates which will take effect in August 2021.  The NCRB is an industry group that represents insurance companies that write insurance policies in North Carolina, it is not a part […]

North Carolina Home Insurance Rates See Hikes for the First Time in Four Years

12 Jun
Road damage to Hightway 12 near Rodanthe, NC.

North Carolina homeowners are in for some additional financial strains this year. The apex insurance regulatory authority in the state has allowed home insurance providers across North Carolina to increase policy rates by an average of 7 percent. The hike will come into effect from July 1st this year. This is the first home insurance […]