North Carolina Auto Insurance Rates Set to Rise 5% with Motorcycle Rates Falling 16.3%

In June 2025, North Carolina Insurance Commissioner Mike Causey announced a new settlement with the N.C. Rate Bureau addressing automobile and motorcycle insurance rates. The agreement results in an average statewide automobile insurance rate increase of 5%, which is significantly lower than the 22.6% increase originally requested by the Rate Bureau earlier in the year. Conversely, the settlement includes a notable 16.3% average decrease in motorcycle liability insurance rates across the state.

The Rate Bureau represents the insurers writing automobile policies in North Carolina but operates independently from the Department of Insurance. The rate changes will apply to new and renewed insurance policies starting October 1, 2025. Commissioner Causey highlighted that despite rising factors such as distracted driving, speeding, and repair costs that typically pressure insurance premiums higher, the agreement manages to keep North Carolina’s average auto insurance rates among the nation’s lowest. The settlement reflects regulatory and market actions to balance insurer financial needs with consumer protections in the state. Notably, the article also includes a public notice soliciting bids for the construction of a wellness center in Nags Head, North Carolina, which is unrelated to insurance but indicates local development activity.