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Seventy percent increase in homeowners’ insurance requested for coastal counties

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State, bureau don’t expect such a big jump to be approved

By Staff Brunswick Beacon

The North Carolina Rate Bureau has submitted a rate filing with the state Department of Insurance requesting a nearly 70 percent in increase in homeowners’ insurance rates in coastal counties like Brunswick and a nearly 50 percent increase on the beaches.

The bureau’s general manager said this week the request is just a starting point, and he does not expect it to be approved. The state Department of Insurance similarly issued a statement saying the department has not historically approved the exact rates recommended by the bureau.


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The Brunswick Beacon | circulation@brunswickbeacon.com | 910-754-6890
P.O. Box 2558, Shallotte, NC 28459
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