homeowners insurance

Ragesoss / Wikimedia Commons

Earlier this week, more than 30 people, including North Carolina NAACP President Reverend William Barber, were arrested at the State Capitol for demanding that the Republican-led legislature expand Medicaid. 

As lawmakers in Washington wrangle over exactly when and how to repeal the Affordable Care Act and replace it with something else, state-level officials are scrambling to anticipate the fallout. 

At the same time, auto insurers in the state are seeking a nearly 14% hike in rates from the North Carolina Rate Bureau which, if approved, would go into effect this fall.

Homeowners’ insurance rates are going up in North Carolina  effective July 1st.   Insurance Commissioner Wayne Goodwin says the actual increase is less than half of what insurance companies requested. 

And while barrier islands in North Carolina will see the biggest hikes, the Cape Fear region is just slightly above the statewide average.   

Residents and businesses in the unincorporated portions of New Hanover County could soon see a sizable drop in their homeowner’s insurance premiums.