08/03/2026
Big news for our North Carolina agents.
Centauri Specialty Insurance is open and ready to bind HO3 business in NIAUA eligible coastal counties in North Carolina, effective August 3rd.
Here's what you need to know:
• Coverage A: $250,000 minimum, $5,000,000 maximum
• Bind authority: Up to $1,250,000 in Coverage A without underwriter approval
• Replacement cost: Must fall between 98%–105% of estimated replacement cost at binding
• Homes 50+ years old: Require Functional Replacement Cost Loss Settlement
• Timing: Bind within 60 days of the application date; all required documents due within 10 days of binding
• Occupancy: Owner-occupied is primary. Seasonal/secondary homes are eligible with a 20% surcharge
Questions on eligibility or binding authority? Reach out to your Lilypad/Centauri Regional Sales Manager, Wyatt Hall at [email protected].
