Insurance Commissioner Mike Causey recently rejected a proposed homeowners insurance rate increase that would have averaged more than 42 percent across the state.
While this initial rejection is important, the process has a long way to go. The Commissioner has scheduled a hearing in October. He could also reach a settlement with the insurance companies at any time.
We will keep you updated on the latest developments.
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NC Homeowners Alliance
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The NC Homeowners Alliance is an initiative of:
NC REALTORS®4511 Weybridge LaneGreensboro, NC 27407