N.C. Insurance Dept.: Insurance Companies Ask for 42.2% Rate Increase for Homeowners' Insurance
January 06, 2024
January 06, 2024
RALEIGH, North Carolina, Jan. 6 -- The North Carolina Department of Insurance issued the following news release:
Insurance Commissioner Mike Causey announced that the North Carolina Rate Bureau filed a rate filing with the North Carolina Department of Insurance on Wednesday asking for an average statewide increase in homeowners' insurance rates of 42.2%.
The Rate Bureau has asked for the rates to become effective Aug. 1.
The North Carolina Rate Bureau . . .
Insurance Commissioner Mike Causey announced that the North Carolina Rate Bureau filed a rate filing with the North Carolina Department of Insurance on Wednesday asking for an average statewide increase in homeowners' insurance rates of 42.2%.
The Rate Bureau has asked for the rates to become effective Aug. 1.
The North Carolina Rate Bureau . . .