NCJUA / NCIUA
About NCIUA - BEACH Plan
What is the BEACH Plan in North Carolina?
Its statutory name is the North Carolina Insurance
Underwriting Association, and it is an association
which, as agents for the member companies, functions
like an insurance company, making basic and broad
property insurance available to people who are not able
to buy it through the standard insurance markets.
Who operates the BEACH Plan?
A fourteen (14) member
Board of Directors (including
seven  representatives from the insurance industry,
four  licensed agents and three  members of the
general public) act as the Beach Plan policymaking
body. The Plan is managed by a staff of professional
insurance people, independent of any single insurance
company. All property and casualty insurance companies
that do business in North Carolina participate in
funding the Plan and sharing any losses.
The Beach Plan is not a facility of the North Carolina
State Government, but its operation is subject to review
by the North Carolina Commissioner of Insurance.
Who buys insurance through the BEACH Plan?
Almost anyone can. However, most people wanting to buy
insurance on their properties can sometimes get broader
coverage – often at a better price – in the regular
competitive market. As a matter of fact, it is
recommended that an applicant try to buy insurance in
the standard market before coming to the Plan for
coverage. If they apply and their property meets basic
fire, loss prevention and reasonable underwriting
standards, the Plan will offer coverage.
There are reasonable standards, which must be met.
These are basic things, which most people would have
done already to make their properties safe, and to
eliminate substandard physical conditions. An inspection
of the property is required for every policy issued.
This inspection is generally done by you or your
producer. A completed inspection form, including a
photograph, is submitted along with the basic
application. The Beach Plan requires coverage to be
within reasonable relationship to the actual cash value
of the building.
NCJUA / NCIUA
5520 Dillard Drive
Cary, NC 27518
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