Mobile Home · Settled

Mobile home requested 26.5%; settled at 6.0%

Filed
June 3, 2019
Requested
+26.5%
Approved
+6.0%
Effective
July 1, 2020

Requested: Statewide average requested for the mobile homeowners program. First-pass entry — verify.

Outcome: Settlement with the Department of Insurance. First-pass entry — verify.

What this filing means

The mobile homeowners program is rated separately from site-built homeowners. The requested statewide average was 26.5% and the settled statewide average was 6.0%.

Timeline

  1. July 1, 2020 · Took effect

    6.0% took effect

    The settled mobile home rates applied on or after this date.

    NCRBJul 1, 2020

  2. February 11, 2020 · Settled

    Settled at 6.0%

    The settlement set a 6.0% statewide average.

    NCDOIMH-2020-SETTLEMENTFeb 11, 2020

  3. June 3, 2019 · Filed

    Rate Bureau filed a 26.5% mobile home request

    The Rate Bureau filed for a 26.5% statewide average increase for the mobile homeowners program.

    NCRBMH-19-3Jun 3, 2019

Documents