Wind and Hail Rate History in North Carolina, Explained
Requested increases and approved increases are very different numbers. Here is what was filed, what was approved, and what is locked.
Why Carriers Left Coastal Wind, and What Changed
Coastal wind capacity did not disappear by accident. Here is what drove carriers out and what is bringing some back.
Commercial vs Residential Wind Coverage: What Differs
The structures look alike and four things differ substantially. Here is what changes when the building is commercial.
Excess Wind Coverage: Layering Above a Residual Market Cap
Residual market wind coverage is capped. On a higher-value property, the layer above that cap has to be built deliberately.
Named Storm, Hurricane, and Wind and Hail: Three Different Triggers
Three phrases that sound alike and respond to different weather. Here is how each trigger works and why the language matters more than the percentage.
Wind-Only Policies: How Two Policies Cover One Building
When wind is written separately you have two policies on one property. Here is how they fit together and where they fail to.
Lowering a Percentage Wind Deductible: What Is Actually Available
A five percent storm deductible is not always the only option. Here is what can actually be changed and what the trade costs.
The Three Residual Markets: NCIUA, NCJUA, and the South Carolina Wind Pool
Three residual mechanisms serve the Carolinas and they do different things. Here is which one applies to your property and what each covers.
How to Tell If Wind Is Excluded From Your Policy
Ten minutes with your declarations page answers the most important question a coastal owner has. Here is exactly where to look.
What Wind and Hail Coverage Actually Is, and How It Gets Written
Wind and hail is a peril, not a policy, and in coastal territories it gets separated out and written by a different market. Here is how.