Question 1

Why did my NC homeowners insurance go up in 2026?

Accepted Answer

Your rates likely increased due to a combination of inflating construction material costs, higher reinsurance rates for carriers, and increased weather-related claim frequency across the state.

Question 2

What is the Consent to Rate law in NC?

Accepted Answer

The Consent to Rate (CTR) law allows insurance companies to charge more than the maximum rate set by the NC Rate Bureau if the policyholder agrees to it in writing, which is often necessary to secure coverage in high-risk scenarios.