A proposed increase in rates, requested by the North Carolina Rate Bureau, a branch of the NC Department of Insurance, could cause homeowner insurance rates to increase across the state, including in Polk County.
According to the bureau’s suggestion, the proposed increases would vary by county, and Polk County residents could face a 20.5 percent increase, according to the request.
This proposal has not yet been approved at the state level, and there are opportunities for citizens to make their voices heard about this.
On January 22nd beginning at 10:00 am there will be a virtual meeting held by the N.C. Department of Insurance Public Information. Here’s the link to that meeting:
https://ncgov.webex.com/ncgov/j.php?MTID=mb3fe10c8f69bbedd2aaece485915db7e.
You can also send in comments on this proposal through February 2 in the following ways:
You can email public comments to the N.C. Department of Insurance, including your name and full address, to 2024Homeowners@ncdoi.gov.
Or you can submit written comments, including your name and full address, to:
Kimberly W. Pearce, Paralegal III
1201 Mail Service Center
Raleigh, NC 27699-1201
Please note that this decision will be made on the state level, not the local level. Polk County government has no control over this decision and local officials simply want to make residents aware that the State is considering this increase.