Homeowners insurance rate change requested for mobile homes

January 14, 2015January 13, 2015 Julie Campbell

The North Carolina Department of Insurance has released a statement to describe the request from the industry. The N.C. Department of Insurance (NCDOI) has now received a rate filing for homeowners insurance rates from the N.C. Rate Bureau, which is an entity that is not a part of the department, and which represents all insurers in the state that sell coverage for mobile homes. There are two different types of mobile home insurance that are offered in North Carolina. The first is through the MH(C) form, and the second is…

Allstate to drop homeowners if they do not get their auto insurance from the company

November 23, 2011November 23, 2011 S.Vagus

In an effort to rein in on risk in North Carolina, Allstate has begun dropping homeowner’s policies for those that refuse to also purchase their auto insurance from the company. The 45,000 homeowners Allstate currently provides coverage for in the state have been informed that they must switch their auto insurance policies over to Allstate by December 15 of this year or risk losing their home insurance policies entirely. The company cites risk management as the driving force behind the initiative. Those that lose their coverage from Allstate are not…