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North Carolina Insurance Commissioner Mike Causey has activated an emergency declaration that will defer insurance premium payments for residents in all 100 counties. The order was activated Friday as a result of President Donald Trump’s March 25 Major Disaster Declaration for the state of North Carolina.

North Carolina General Statutes allow the commissioner to issue a deferral order once a major disaster has been declared by the president.

Causey’s order applies to all insurance companies defined in the statute, including health insurance, residential property and automobile insurance. The order also applies to collection agencies, motor clubs and premium finance companies licensed by the North Carolina Department of Insurance.

The order will defer not only premium payments but will also defer statutory time requirements. Notices of cancellation, for example, will be deferred.

Once the deferral expires, policyholders will be required to bring their payments current to avoid cancellation.

“My hope is this deferral will provide policyholders breathing room while they get back on their feet as a result of economic hardships due to the COVID-19 health emergency,” Causey said.

Prior to the president’s declaration, many companies were working with their clients to extend grace periods for late payments.

The commissioner extends his sincere gratitude to those companies working to alleviate the economic hardship of those suffering from the recent health emergency. The order, however, will require all companies to defer payments as required by the statute.

Consumers are encouraged to check with their insurance company or representative to determine how this order affects their insurance policy.

For more information, visit the NCDOI website at or call 855-408-1212.

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