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Mobile home insurance rate settlement reached, hearing canceled - The Coastland Times

Summary by The Coastland Times
The Department of Insurance has ended its legal dispute with the North Carolina Rate Bureau over the Rate Bureau’s proposed rate increase for Mobile Home Fire (MH-F) polices and Mobile Home Casualty (MH-C) policies. The settlement between the Department of Insurance and Rate Bureau calls for a statewide average increase of 11% per year over the next two years for MH-F policies and a statewide average increase of 8% for MH-C policies per year ove…

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varmatin.com broke the news in on Tuesday, April 15, 2025.
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