There won't be enough data space on WWAY's computer system for the comments forthcoming on this one.
"Potential hurricane played a large role in the decision to hike rates along the Cape Fear Coast, according to Goodwin.".....(Unquote)
Let's see...local home values down...Wilmington property taxes go "UP"!. Home values down...homeowners insurance goes "UP". How about our Wind & Hail coverage? Oooops!...that's a hidden clause within this story too...forthcoming in your next insurance bill in the next 8 weeks or so. Let's add another 2% or 3% (or more) over the 7% to 19.8%.
Time to recalculate again I suppose. More foreclosures...less income for "Everyone" (Insurance Companies Excluded).
Here's their study (most likely used to raise our rates)...and...most likely a computer models prediction. A Computer!
From this list of stats:
"Statistically when this area should be affected next
before the end of the 2013 season
This is just a statistical average & does not mean the area will be affected by that year" <<<<<<<<<<<<<<<<<<
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