Beaufort County Commissioners Resolved to Seek Relief from Massive Property Insurance Increases for Local Citizens | Eastern NC Now

Beaufort County Commissioners Resolved to Seek Relief from Massive Property Insurance Increases for Local Citizens

    Whereas, it is wise for North Carolina residents to seek property insurance for their homes and business, which has already become an incredible expense for those citizens seeking relief from the possibility of damage and losses not yet inflicted and incurred, and,

    Whereas, North Carolina's insurance rates have increased demonstrably in the last decade, and now, in this era of high inflation across all sectors, North Carolina's property owners are not prepared to endure these continued increases made far worse by a currently proposed one year increase of a preposterous proportion, and,

    Whereas, North Carolina's Rate Bureau has requested for 2024 an annual increase of 42.2%, whereby North Carolina's Insurance Commissioner Mike Causey has exhibited a great willingness to take a firm stand against such an exorbitant increase, and now that North Carolina General Assembly is due to convene in April for the Short Session for 2024, therefore,

    Let it Be Resolved, that Beaufort County's Commissioners do respectfully seek and request that all responsible governing parties from the NC General Assembly to the NC Council of State work within their vast power to use whatever means within their statutory power to provide whatever measure of relief possible to kindly assist our citizens, their constituents, that will be force to comply to pay whatever property insurance increases forced upon them by any, and all parties of such great power to do so.

Written by Commissioner Stan Deatherage and submitted for passage on March 4, 2024 by the Beaufort County Board of Commissioners.