A pair of automobile insurance bills doesn’t overhaul how premiums are set in North Carolina but could provide some cost savings for consumers.
The North Carolina Senate approved the legislation by wide margins last Thursday. That’s two days after a broader House measure letting insurers avoid the state’s Rate Bureau procedure to raise and lower rates failed in committee.
One measure would make it easier for insurers to offer optional coverages or programs to motorists as in other states but are more difficult to get approved. That’s because all insurers file through the Rate Bureau one combined annual premium proposal to the state insurance commissioner.
Another bill attempts to make clear older drivers who’ve moved recently to North Carolina shouldn’t be treated like high-risk teenage drivers. The bills now go to the House.
Topics North Carolina Politics
Was this article valuable?
Here are more articles you may enjoy.
Acrisure Goes After Former Owners of Businesses it Acquired for Leaving to Compete 
Travelers: Vendor Issues Over Half of Wedding Insurance Claims in 2025 
Trump Scraps Ocean Sensors Providing Crucial Data on Climate, Flooding 
USI Insurance Services Claims Ex-Broker Poached Clients for Own New Agency 
