01/07/2024
🚨 Urgent Alert: Proposed 42.2% Increase in Homeowners' Insurance! 🚨
As your #1 homie in real estate, it's crucial that I bring to your attention a significant matter impacting our community.
The North Carolina Rate Bureau (NCRB) has proposed a staggering 42.2% increase in homeowners' insurance premiums. This proposed hike, highlighted in recent news, could affect us all as early as August 1.
Remember the 24.5% increase in 2020? It was negotiated down to 7.9% after public input. Your voice matters!📢
Here's How You Can Make a Difference:
➡️ Public Forum: Attend the in-person forum on Jan. 22 at the Jim Long Hearing Room, Albemarle Building, Raleigh.
➡️ Virtual Forum: Join the simultaneous online forum on Jan. 22. Link: https://ncgov.webex.com
➡️ Email Your Comments: By Feb. 2 to [email protected].
➡️ Written Comments: Send to Kimberly W. Pearce, Paralegal III, at 1201 Mail Service Center, Raleigh, N.C. 27699-1201, by Feb. 2.
Your participation in the public comment period is crucial. Let's unite and voice our concerns to the North Carolina Department of Insurance. Together, we can influence the decision that affects our homes and wallets.
Spread the word, Peeps!!
Below is the link to the original article...
Insurance companies in North Carolina are asking for a 42.2% rate increase for homeowners insurance.