Urgent...house insurance rate increase

Do you want to pay 17% more for your home insurance?

Well the Insurance industry wants you to!

They have proposed this to the NC DOI.

Specifically that have targeted the coastal communities as we are easy "pickens" for their focus, because most people will believe that we are the real drain on the insurance claims due to storms.. 

Guess what we are not!

In fact,statistically the data shows the claims stem from inland, where trees are big and tall and houses don't need to meet the code we have to here at the edge of  the continent in the coastal communities.. are they kidding 17% in this economy it forces families to regroup their expenses to make ends meet.  

You simply must send an email to voice your opposition to the rate increase. Its simple and easy here is the email address. 2012homeowners@ncdoi.gov  (copy paste please)

You must do it now, as the deadline is NOW.

And here are 2 examples of what others have sent and here is a link to the Lumina News Article Today that gives some background!

Example No.1

"Dear Sirs, I have owned and lived in my current residence at Wrightsville Beach for 41 years. I have paid Homeowners, Flood and Wind and Hailstorm Insurance during that entire time. I estimate that I have paid $125,000 to $150,000 in premiums duing that time. I have filed two claims. One for $17,000 in flood damages from Hurricane Fran in 1996 and one for $1500 in roof replacement from Hurricane Bertha in 1998. My brother in law in Gastonia and several friends in the Raleigh area have had more and higher claims from hurricanes, tornados and other weather related damages in less time than my 41 years. I feel that coastal residents are being burdened with excessive insurance charges as compared to the inland parts of North Carolina. I recommend that the Dept. of Insurance compare the actual costs associated with weather related events and publish the results for the various areas on NC. I believe that coastal residents are being forced to pay for the insurance costs of Charlotte, Greensboro, Raleigh etc. "

Example No.2

"Dear Mr. Mack, I am a resident of Wrightsville beach for the past 10 years. The currently proposed rate hike for Home insurance is inappropriate on several counts:.

• It is excessive 
• it comes at a time when the economy is weak at best, 
• it comes at a time of high unemployment, 
• it is a rate increase that will necessitate not just a belt tightening but a major shift in expenses for home owners. 
• The data base for this rate request does not support the conclusion for the coastal communities.

I strongly oppose this rate increase request.

This really covers it! Link to Lumina News:  http://luminanews.com/article.asp?aid=10979&iid=346&sud=30


Go for it! It's real $$$ in your pocket... or not!





Thanks for reading and taking action, Noah