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North Carolina car insurance rates are going up

  • March 3, 2023

North Carolina Rate Bureau submitted a rate filing with the N.C. Department of Insurance, requesting an increase in everyone’s car insurance.

GREENSBORO, N.C. — The North Carolina Rate Bureau has requested to increase auto insurance rates by 28.4%.

The rate filing was submitted yesterday to insurance commissioner mike causey.

The increase would impact private passenger car insurance rates across the state and would go into effect around October 1st of this year.

It’s no secret that prices are on the rise.. eggs.. gas… well now there’s a request to raise car insurance by 28.4%.

I know, I know.. that can seem like a shocking number.

Just because it was requested, doesn’t mean it’ll happen.

“It’s just crazy and the price just keeps going up. People just can’t afford that,” Jack Farrar, a driver in Greensboro said.

Drivers clearly aren’t happy. Would you be?

“That is a very high price to put on people right now when money is scarce,” Oman said as he was filling up his gas tank.

After the NC rate bureau requested a 28.4% car insurance increase.

“Things are getting crazy all over the world food gas insurance everything closes everything is getting really crazy so trying to reduce not raise it,” driver, Eiman Maki said. 

Don’t panic just yet.. this isn’t set in stone.

“It’s just a request that that is all that is it’s just a number that they believe is what they see is justified based on their experience,” Insurance Commissioner, Mike Causey said. 

The North Carolina Rate Bureau represents the auto insurance companies in our state. According to the law, rate fillings have to be submitted no later than February 1st every year.

Causey said this was a legislature set up decades ago that requires a rate set by the bureau system.

“The

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Widower’s car insurance increases after wife’s death, practice is unfair| Betty Lin-Fisher

  • August 14, 2022

Joe Kline of Suffield got an unwelcome surprise when he phoned his insurance agent after his wife of 52 years, Angie, edited in April of pulmonary fibrosis.

Kline wanted to keep insuring two vehicles, but assumed that his insurance rate would go down with one fewer drivers.

Betty Lin-Fisher

Betty Lin-Fisher

Instead, it went up by about $20 per half.

“That’s when I got my hackles up,” said Kline. “I didn’t think it would be cut in half, but it shouldn’t have gone up.”

That made no sense, Kline said, since he was now half the liability to the insurance company. Kline said he knows it’s not much money, but it was the principle that irked him. He lost his multiple-driver discount.

“So I guess they’re going on the assumption that if you no longer have your spouse in the passenger seat screaming at you to quit tailgating or slow down that makes you a bad driver, right?” he said.

Kline drove a truck for a living and never had an accident in 35 years. If he was a good driver the day before his wife died, why is he a bad driver the day after she died, he said?

“Just give me a good valid reason and I’ll be happy to pay,” said Kline.

Widow or widower’s penalty increases car insurance rate

At least one state agrees with Kline.

Delaware bans what their former insurance commissioner called the “widow’s penalty,” where a widow or widower was being charged more after the death of a spouse.

In 2015, then-Delaware Insurance Commissioner Karen Weldin Stewart announced she would not approve any auto insurance rate submission that included the penalty.

“This so-called ‘widow’s penalty’ is completely unfair,” said the commissioner in a press release at the time. “Becoming a single driver because

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