"Insurance Commissioner Mike Causey announced today the N.C. Department of Insurance has ended the legal dispute with the North Carolina Rate Bureau on its proposal for an 18.7 percent homeowners' insurance rate increase. Commissioner Causey has negotiated an almost 14 percent lower rate for an average 4.8 percent increase statewide."
Link to the press release:
April 18, 2018 -- Insurance Commissioner Causey settles homeowners' insurance rate dispute
Link to the details:
http://www.ncdoi.com/Media/Documents...tory%20Map.pdf
Brunswick, Pender and New Hanover Counties will see an increase of 5.5%, as will most coastal counties.
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