State Farm Not Renewing Some Coastal Homeowner Policies

State Farm Not Renewing Some Coastal Homeowner Policies (Added: January 15, 2010)

Some homeowners along the barrier islands of our state will soon be without insurance (more)

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State Farm Not Renewing Some Coastal Homeowner Policies

Some homeowners along the barrier islands of our state will soon be without insurance

By: Carissa Etters | WNCT-On Your Side
Published: January 15, 2010

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State Farm says it will not renew homeowner policies on the Barrier Islands. The company says, it was a difficult decision, but they had to do it because the islands present a unique geographic challenge.
State Farm says their decision will affect about 1,600 policy holders. They say it’s a financial move.
State Farm also says they are not withdrawing policies from the coastal mainland, which is west of Intra-coastal Waterway.
9 On Your Side also talked with the NC Department of Insurance and they say they are disappointed with the decision.
If anyone has any questions they can call the Consumer Help Line at 800.546.5664.

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