A Community Conversation About Property Insurance

By on November 1, 2019

Dare County

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If you weren’t able to attend the recent community meeting held by Dare County and the Outer Banks Association of REALTORS® about property insurance on the Outer Banks, check out a video of the event. Thanks to OBAR and Dare County for holding this meeting.

Over 100 people attended the October meeting presented by the Dare County Planning Department and the Outer Banks Association of REALTORS®. Special guest Dr. Michelle Osborne, Chief Deputy Commissioner with the NC Department of Insurance (NCDOI), discussed different types of insurance coverage, issues with specific policies, policy recommendations for coastal areas, and proposed changes to the National Flood Insurance Program including the privatization of flood insurance.

The video provides coastal property owners with critical information about different types of policies, wind and hail policies versus flood policies, coverage limitations and potential solutions for common insurance problems.

For more information about flood insurance, visit OBXFloodMaps.com. NC Department of Insurance (NCDOI), discussed different types of insurance coverage, issues with specific policies, policy recommendations for coastal areas, and proposed changes to the National Flood Insurance Program including the privatization of flood insurance.


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