Navigating North Carolina’s home insurance affordability crisis

North Carolina homeowners face rising insurance premiums driven by climate-related risks, with a 7.5% increase this month and 55% of policies now using consent-to-rate (CTR) allowing up to 250% above base rates. Over 40 billion-dollar disasters since 2018 and weaker building codes exacerbate costs, while low-credit-score homeowners pay over double for coverage compared to high-credit counterparts.