The North Carolina Rate Bureau (NCRB) recently proposed a homeowners insurance rate increase that local officials across the state are claiming is unfair, especially in coastal areas. The NCRB filed a rate increase request on December 20ththat proposes a statewide 17.4 percent rate increase for homeowners insurance. The rate increase would cover residential property, tenants […]
Extremely detailed, high resolution image of a Hurricane approaching coastal Texas. This image was shot from Space and furnished by Nasa. Writing that monthly check for homeowners insurance can be painful, especially in Texas where the cost of insurance is high. While painful, homeowners insurance is a requirement for most of us. If you have […]
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. […]