Flood insurance. It is a necessity for a good portion of home and business owners along coastal North Carolina. Flood insurance is a necessity that can save you if impacted by an event but can also feel like it can break you if the rates are too high. The rates started a mandatory rise due to an Act passed last year by Congress. Fortunately not everyone will be affected by this increase….
Tag Archives: coastal
Homeowner Insurance Rates. On March 5, 2013 Wayne Goodwin, North Carolina Insurance Commissioner signed an agreement with insurance companies allowing a statewide rate increase of homeowner insurance of on average 7 percent. The actual rates vary tremendously according to individual territories within the state. The North Carolina Rate Bureau, which represents the insurance companies, had requested an overall statewide….
The Coastal Resources Commission is a 15-member citizen board appointed by the Governor to establish rules and policies for development within the 20 coastal counties.The CRC receives guidance from a 45-member Coastal Resources Advisory Council…