Rate Bureau asks for 30 percent increase for Outer Banks homeowners insurance

The North Carolina Rate Bureau has requested the N.C. Department of Insurance increase homeowners’ insurance rates a statewide average of 17.4 percent effective Oct. 1, 2019. The N.C. Rate Bureau represents the state’s insurance companies and is a separate entity from the N.C. Department of Insurance. The Rate Bureau attests the increase is needed to … Continue reading Rate Bureau asks for 30 percent increase for Outer Banks homeowners insurance