Why are my auto insurance premiums increasing in North Carolina?

Auto insurance premiums are increasing at an alarming rate in North Carolina. So, why is auto insurance in north Carolina is increasing? There’s a lot of different reasons why auto insurance rates have risen throughout the great state, but two main factors stand out more than any others.

– The first main reason auto insurance premiums are increasing throughout North Carolina is due to hurricanes and other weather related incidents. In an effort to make up for the costs for these natural disasters, auto insurance companies will raise auto insurance premiums across the board.

– The second big auto insurance increase has been caused by the Insurance Commissioner’s office. What does the auto insurance commissioner have to do with auto insurance rates increasing? They are in charge of regulating auto insurance companies, contracts and keeping them in check. Sometimes they will approve massive rate increases to keep up with the growing cost of claims to the insurance companies.

How can you be certain you are getting the best rates on auto insurance in North Carolina? By shopping with an independent insurance agency like Oak City Insurance with access to 100’s of insurance companies. We will do the shopping for you!

–  Was your auto insurance agent working for you and not the auto insurance company?

–  Isn’t it time you get auto insurance from an independent auto insurance agency with access to 100’s of auto insurance companies?

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