News
North Carolina homeowners insurance rates rising 7. 5%; Democrats call hike 'insurance crisis"
2+ hour, 12+ min ago (464+ words) North Carolina homeowners will soon see an average 7. 5% increase in homeowners insurance rates statewide. The increase takes effect June 1 and comes after negotiations between Insurance Commissioner Mike Causey and the insurance industry. Insurers had originally requested an average 42% increase statewide…...
California says State Farm violated the law in handling of insurance claims after 2025 LA wildfires
2+ week, 2+ day ago (265+ words) State Farm violated the law hundreds of times for delaying claim investigations, providing unreasonable payouts and failing to communicate with policyholders, Insurance Commissioner Ricardo Lara said Monday. Regulators are also seeking to prohibit State Farm, the state's largest home insurer,…...
Getting your finances in order this spring
2+ mon, 4+ day ago (32+ words) WRAL As spring approaches, many people are thinking about getting organized, but financial experts say this is also a great time to "spring clean" your money....
Credit score can raise NC homeowners premiums more than storm risk, study finds
9+ mon, 1+ week ago (456+ words) Your credit score may matter more than hurricanes or wildfires when it comes to your homeowners insurance bill. A new report from the Consumer Federation of America and the Climate and Community Institute says North Carolina homeowners with low credit…...
5 on Your Side: Navigating the post-flood insurance maze
10+ mon, 1+ week ago (383+ words) As the floodwaters recede, the focus turns to recovery. Many people in Durham, Orange and Chatham counties are facing significant damage and loss. Standing water on roads, flooded homes and ruined cars were common sights for a few days. A…...
NC man's homeowners insurance soars 41% in one year due to 'consent to rate' clause
10+ mon, 2+ week ago (792+ words) A North Carolina man was shocked to see his homeowner's insurance go up 41% in just one year." While"North Carolina homeowners insurance rates went up an average of 7. 5% on June"1, that doesn't"explain this"huge jump." Doug Corkhill, a former…...
Know your repair rights: NC Insurance Commissioner warns against insurer steering
10+ mon, 3+ week ago (401+ words) If you're in a crash, you can get your car repaired anywhere you want, but the North Carolina's Insurance Commissioner says that's not always happening." WRAL recently spoke with Commissioner Mike Causey who said his office keeps getting complaints from…...
5 On Your Side: How does NC's car insurance rate compare to other states?
10+ mon, 3+ week ago (116+ words) Drivers in North Carolina will soon pay an average of 5% more for car insurance. 5 On Your Side's Keely Arthur looks at how our rates compare to other states. 5 On Your Side: How does NC's car insurance rate compare to other…...
5 On Your Side: Renter's insurance is more important than you might think
11+ mon, 1+ week ago (485+ words) If you own a home, chances are you've got homeowner's insurance. But what if you rent? You might be surprised how many renters skip insurance altogether. 5 On Your Side's Keely Arthur breaks down why that could be a costly mistake…...