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nc beach plan: NC Beach Plan is fixed, or is it? - 09/16/09 03:50 PM
So, you might want to compare the discovery of seedless watermelons with the 'fix' that our wise leaders in Raleigh came up with for the beach plan.  As in, we have seedless watermelons now - it's done, case closed, for now and forever, with no need to look back.
Not quite.
So what did they do to 'fix' the Beach Plan?  Let's take a closer look: 
1) Only $750,000 of coverage will be available to Beach Plan homes as compared to $1,500,000 before.
2) The home insurance companies will have to pay the first $1,000,000,000 (Billion) of excess hurricane damages.
3) … (2 comments)

nc beach plan: NC Beach Insurance Plan Update - 12/17/08 10:54 AM
Finally, the NC Department of Insurance has decided to take on the mounting financial problem facing North Carolina's Beach Plan.  A second major carrier has withdrawn from the home insurance market and more are getting ready to follow.  Our newly appointed, er, elected commissioner, Wayne Goodwyn vows to take the bull by the horns.  The problem is that the only solution entails raising premiums and lowering coverages.  Not good choices when you're an elected official.
But here's the good news: since the election is over, he can push through any unsavory elements and still have enough time before the next election … (1 comments)

 
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Cameron Bagherpour ~ North Carolina Insurance

Cary, NC

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Cary & Raleigh, NC Insurance

Address: 150 Cornerstone Dr. #202, Cary, NC, 27519

Office Phone: (919) 460-0606

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