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A North Carolina homeowner was stunned by a 41% increase in his insurance premium, despite no claims or changes to his policy ...
H omeowners in Western North Carolina are expected to see a lower-than-expected base homeowners' insurance rate increase of nearly 9% by 2026, North Carolina Insurance Commissioner Mike Causey ...
North Carolina Insurance Commissioner Mike Causey, right, speaks to the media before a hearing on homeowners' premium insurance rates in the state Department of Insurance building in Raleigh, N.C ...
RALEIGH, N.C. -- Base rates for North Carolina homeowners' insurance premiums will increase on average by about 15% by mid-2026 as part of a settlement reached by the state Insurance Department ...
North Carolina homeowners soon could see their property insurance rates soar by more than 40 percent on average, and in five coastal counties, those hikes could reach as high as 99 percent.
As of January 2025, Insurance Commissioner Mike Causey signed an agreement with the rate bureau to increase North Carolina's base rate by 7.5% on June 1, 2025, and 7.5% on June 1, 2026.
We consider this settlement a big win for both homeowners and North Carolina." Under the new agreement, statewide homeowner insurance rates will increase by an average of 15% over the next two years.
Homeowners in Western North Carolina are expected to see a lower-than-expected base homeowners' insurance rate increase of nearly 9% by 2026, North Carolina Insurance Commissioner Mike Causey ...