INSURASALES

Tag: Rate Increase

North Carolina Approves 5% Average Auto Insurance Rate Increase for Fall 2024

North Carolina regulators approve a moderated 5% average increase in automobile insurance rates for fall 2024, significantly lower than the 23% initially requested by insurers. Key insights into state-level regulatory impact.

North Carolina Sets 5% Average Auto Insurance Rate Increase Effective Oct. 1

North Carolina announces a 5% average auto insurance premium increase starting October 1 after a regulatory settlement, with a notable 16.3% decrease in motorcycle liability insurance rates statewide.

North Carolina Auto Insurance Rates to Increase 5% from October 2025

North Carolina announces a 5% average auto insurance rate hike effective October 2025 under a settlement with the Rate Bureau. Insights on market impact and regulatory context.

State Farm Seeks Rate Increase After LA Wildfires

State Farm is requesting a 17% insurance rate increase following wildfires in Los Angeles, aiming to improve its financial condition amid a challenging insurance market in California.