Wind damage

As local government units line up in opposition, the state is gearing up for its first-ever public hearing on an industry proposal to raise standard homeowners insurance rates by 35-percent in coastal southeastern North Carolina and 25.3-percent overall.

The hearing on the proposal is set for the Dobbs Building in Raleigh from 9:30 a.m. to 4 p.m. on Friday, January 24. E-mail comments will be accepted through January 31 at 2014homeowners@ncdoi.gov.

Brunswick County and the municipalities of Caswell Beach, Oak Island, Bald Head Island, Boiling Spring Lakes and St. James have all passed resolutions opposing any increase. The resolution points out there have been five rate increases since 2002.

“Homeowners in coastal communities already pay … premiums two to three times the rate charged for the same type of homeowners policies (fire, theft) of inland properties, in addition to having separate flood, as well as wind and hail policies,” the resolution states.