NC homeowners’ insurance rates rose over the weekend
Rates increased on average by 7.5% as of June 1 and will rise another 7.5% on June 1, 2026, making owning a home in North Carolina more expensive.
Homeowners’ insurance rates will increase on average by 15% statewide over the next two years, a significantly lower rate than the average 42.2% rate increase the North Carolina Rate Bureau (NCRB) was seeking. North Carolina Insurance Commissioner Mike Causey announced Friday morning that his office and the NCRB signed an agreement that will see the...
North Carolina homeowners will know the results of a request made by the North Carolina Rate Bureau (NCRB) to raise homeowners’ insurance rates an average of 42.2% in the next week or so according to North Carolina Insurance Commissioner Mike Causey.
An Oct. 7 court hearing date has been set for the North Carolina Rate Bureau’s (NCRB) request to massively raise homeowners’ insurance premiums after North Carolina