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Associated Press News

Associated Press News

North Carolina home insurance premium base rates increasing about 15% by mid-2026

Associated Press News
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Base rates for North Carolina homeowners' insurance premiums will increase on average by about 15% by mid-2026 .

The agreement contrasts with a request by the North Carolina Rate Bureau seeking a 42.2% overall average increase.

The bureau's requested increases had varied widely from just over 4% in parts of the mountains to over 99% in some beach areas.