Car insurance companies asking for major rate hike in North Carolina
Car insurance companies are hoping to raise your rates quite significantly this year. The North Carolina Rate Bureau which represents these companies has asked the Department of Insurance to raise rates by 22.
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Auto insurance companies are seeking a 22.6% average increase statewide, the North Carolina Rate Bureau recently put in the request to the North Carolina Department of Insurance.
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North Carolina State Bureau requests automobile insurance rate increase
The North Carolina State Bureau has requested for an automobile insurance rate increase of 22.6% for motorists. The State Bureau represents all insurance companies in North Carolina. NCDOI says the last request was in February of 2023 for a 28.
Car insurance providers request major price hike in North Carolina
North Carolina's auto insurance companies are asking for a significant increase in rates. They want to raise the average cost of car insurance by 22.6% across the state. This request was made Monday by the North Carolina Rate Bureau,
NC drivers may face 22% hike in auto insurance premiums for 2025 and 2026
"This request reflects the fact that vehicles and repairs are getting more expensive, partly because automakers pack so much technology into modern vehicles," Jarred Chappell, the N.C. Rate Bureau's c
Car insurance companies request huge hike in NC rates
North Carolina's auto insurance companies are asking for a significant increase in rates. They want to raise the average cost of car insurance by 22.6% across the state. This request was made Monday by the North Carolina Rate Bureau,
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