HOMEOWNER INSURANCE RATES TO INCREASE THIS YEAR
Saturday, January 27th, 2007
The Virginian-Pilot newspaper reported this morning that the premiums for homeowners insurance will increase 25 percent this year for properties located on Hatteras Island and in counties along the North Carolina coast. The justifications for the increase were rising home prices, higher repair costs, and recent storm loss experience. The new rates are scheduled to take [...]