Recent Articles

Vacant Dwelling

A recent Study showed that approximately 24,000 vacant residential property fires are reported to fire departments each year, resulting in $800 million in property losses. Wooded areas bring fire hazards and vacant homes face increased risks for greater losses. In fact, 53 percent of vacant dwelling fires spread to the entire property and complete losses.

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Homeowners insurance to increase by 5.5 percent on the coast

SOUTHEASTERN, N.C. - After months of negotiation, coastal homeowners will end up paying more for insuring their homes this year.

N.C. Department of Insurance (NCDOI) and N.C. Rate Bureau (NCRB) have settled on an increase in homeowners insurance Wednesday, significantly lower than initially proposed. New Hanover, Pender, Onslow and Brunswick County will see an increase of 5.5 percent in homeowners insurance this October.

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The North Carolina Commissioner of Insurance has recently approved revisions to the Homeowners line of business

The North Carolina Commissioner of Insurance has recently approved revisions to the Homeowners line of business. This was initiated by the North Carolina Department of Insurance, and all North Carolina Homeowners insurance markets are responsible for putting these rate increases in place. The higher premiums impact the Amount of Insurance (AOI) relativity factors, Protection/Construction relativity factors, base rates, wind mitigation credits, and wind exclusion credits. These revisions will be effective April 1, 2018, for both New Business and Renewal policies.

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Demystifying the Cost of Homeowners Insurance

Searching for a new home? You're likely also searching for the best mortgage, too. But first time home buyers often leave their homeowner's insurance as a last-minute thought - yet it is as critical a step as finding the right home or the right mortgage.

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Hurricane Season June 1st - November 30th, 2017

This year's hurricane forecast is in! Our meteorologists are projecting an active season with 13 named storms, including 5 hurricanes and 2 major storms. As the storms approach this season, we recommend setting up a household storm response plan: drinking water, batteries

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HO3 Home Insurance Policy

The HO3 Home Insurance Policy is the most common home insurance policy in the United States. It provides excellent coverage for your home and good coverage for your personal property.

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North Carolina Joint Underwriters and The State Wind Pool

In many cases the NCJUA is thought to be the only wind and hail insurance option. In some geographical areas it may be the better option. The main point to this article is to inform our North Carolina Homeowners about many other options that are available. Let's backtrack a bit first...

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New All-Inclusive Home Insurance Company Coming To The North Carolina Coast

Heritage Insurance is pleased to announce a new homeowners market for the state of North Carolina! We are partnering with National General to provide quality personal lines insurance products for your customers. Heritage will be offering a full suite of homeowners programs - HO3, HO4, HO5, and HO6 - with a wide range of available coverages and discounts. Our products are competitively priced, and will be available in all areas of the state, including coastal counties. Heritage specializes in providing coverage for mid-market to preferred clients. Our products can be individually tailored to meet the needs of each customer.

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House Passes an Alternative to NFIP

In a unanimous vote, the U.S. House of Representatives passed The Flood Insurance Market Parity and Modernization Act on April 28, 2016. This law effectively allows lenders to accept private flood insurance solutions to meet mandatory purchase requirements for federally backed mortgages...

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