U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > North Carolina > Coastal North Carolina
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 12-21-2006, 03:28 PM
 
Location: Blue Ridge Mtns of NC
5,661 posts, read 24,684,232 times
Reputation: 3808

Advertisements

Wary of the rising risk of hurricanes, Allstate Corp. has added coastal regions of North Carolina and South Carolina, Alabama, Maryland and Virginia to the growing list of areas nationwide where it is cutting back homeowners insurance coverage. The nation's second-largest home and auto insurer behind State Farm confirmed Thursday that it is dropping coverage for about 12,000 homeowners in eight counties of South Carolina, 4,000 in 14 counties of North Carolina and an unspecified number in Alabama. Allstate is just one of the insurers that have scrambled to reduce their exposure to future catastrophes since Katrina, including Nationwide Mutual Insurance Co. and MetLife Inc.
Reply With Quote Quick reply to this message

 
Old 12-21-2006, 10:00 PM
 
116 posts, read 415,106 times
Reputation: 46
Quote:
Originally Posted by mm34b View Post
Wary of the rising risk of hurricanes, Allstate Corp. has added coastal regions of North Carolina and South Carolina, Alabama, Maryland and Virginia to the growing list of areas nationwide where it is cutting back homeowners insurance coverage. The nation's second-largest home and auto insurer behind State Farm confirmed Thursday that it is dropping coverage for about 12,000 homeowners in eight counties of South Carolina, 4,000 in 14 counties of North Carolina and an unspecified number in Alabama. Allstate is just one of the insurers that have scrambled to reduce their exposure to future catastrophes since Katrina, including Nationwide Mutual Insurance Co. and MetLife Inc.
mm34b,
Any information on insuring coastal condo's in these regions? They should be under a master policy. How far inland are the counties that will be faced with these cut backs? We have heard of people in Florida unable to sell their homes, as the buyers could not get insurance.
~Duke101
Reply With Quote Quick reply to this message
Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Options
X
Data:
Loading data...
Based on 2000-2016 data
Loading data...

123
Hide US histogram

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > North Carolina > Coastal North Carolina
Similar Threads
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2019, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top