Home Insurance

  Few states elect their insurance commissioners. But in North Carolina, a proposed 42 percent rate hike and Hurricane Helene have raised the stakes in the upcoming election Eleven states elect their insurance commissioners , an obscure but powerful job that affects virtually every resident through regulations and the ability to challenge or reject rate hikes on home, car and other policies.

   Learn about homeowners insurance—and why you need it. Homeowners insurance provides you with financial protection in the event of a disaster or accident involving your home. In addition, homeowners insurance policies are generally "package policies." This means that the coverage includes not only damage to your property, but also your liability—that is, legal responsibility—for any injuries and property damage to others caused by you or members of your family (including your   household pets ).