Published at Sunday, July 29th, 2018 - 12:53:51 PM. . By Dayana Champagne.
The North Carolina Beach Plan is essentially a government agency. While the Beach Plan employs people with insurance backgrounds, that does not mean the agency is qualified to act as an Insurance Company. Given these facts, you can understand that those in charge of this plan may not be the best people to determine things such as appropriate underwriting guideline, appropriate balance sheet management, and most importantly appropriate risk pricing. In a nutshell, the Beach Plan provides coverage that is too good at a premium that is far too cheap.
If you are planning to build a beach house then you should know that planning is crucial to such construction. Beach house plans are essential because of the fact that there are a lot of considerations involving construction on the shore. Here are but a few of them:
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