As housing affordability continues to be a pressing issue, a new crisis is adding to the financial strain on homeowners: skyrocketing insurance premiums. A recent report from the Joint Center for Housing Studies at Harvard University highlights how rising insurance costs are exacerbating the already high expenses of homeownership.
Read More“Such a significant increase to the cost of homeowners insurance would leave countless neighbors uninsured and at risk of losing everything,” said Beth Morrison about the proposal from the NC Rate Bureau. The public has until Feb. 2 to submit comments to the NC Department of Insurance.
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