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Home insurers argue for a 42% average rate hike in North Carolina

A hearing has started in North Carolina over the insurance industry's request to raise homeowner premium rates by more than 42% on average.

By: The Associated Press

Oct 08 2024
13
270 Views

Home insurers argue for a 42% average rate hike in North Carolina — Home insurers argue for a 42%

RALEIGH, N.C. (AP) — With many western North Carolina residents still lacking power and running water from Hurricane Helene, a hearing began Monday on the insurance industry’s request to raise homeowner premium rates statewide by more than 42% on ave... [4986 chars]

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Luke Combs and James Taylor to perform concert for Helene relief