When the insurance industry asked state regulators to allow an 18.7 percent increase in homeowners insurance, AARP advocates pushed back.

Although no increase is a good one, thanks to your voices, the increase will be more modest averaging 4.8 percent. And for several areas in the state, rates will even go down. The last homeowners’ insurance rate increase was seven percent in 2012.

The agreement also covers insurance for tenants of apartments and condominiums, which is capped at 12 percent as opposed to the up to 40 percent increase the insurance industry was seeking.

The reduced increases would not have been possible without the Insurance Commissioner hearing an outpouring of opposition from AARP and other opponents.  Help us thank NC Insurance Commissioner Mike Causey for balancing the needs of homeowners and tenants against the companies’ request for higher premiums.

Please note that we encourage you to personalize your comments and the subject line.  Feel free to edit both or to use the language provided.  You may be asked for your four digit extension to your zip code.  If so, you can find this four digit number on your ID card or on a recent piece of mail.

Contact

*Required fields
 

Your phone number is required for your letter to be automatically delivered.



 

By taking action you will join AARP's online network and will receive urgent news and action alerts about the issues that matter the most to older Americans, as well as information about AARP activities, events, and member benefits.

Message

Dear [Decision Maker],

Sincerely,
[Your Name]
[Your Address]
[City, State ZIP]