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Feud Heats Up Over NC "Good Driver Discount" Legislation

The complete article can be found here: The Public News Service - NC

RALEIGH, N.C. - The rates North Carolina drivers pay for car insurance could go up, and it wouldn't be because of a person's driving record under legislation being proposed in Raleigh.

State Insurance Commissioner Wayne Goodwin isn't a fan of what's being called the "Good Driver Discount Bill" circulating in State Assembly committees. He's convinced it wouldn't offer anything but increased insurance rates for motorists.

"My experts and a number of the larger insurance carriers here agree with me," he said. "Instead of lowering premiums for North Carolina drivers, it actually will cause their premiums to go up."

North Carolina has the lowest car insurance rates in the Southeast, due in part to Goodwin's ability to set a cap on rates charged by insurance companies.

The Good Driver Discount Bill would allow insurers to bypass the cap requirement. Its supporters say the commissioner would still have the power to approve or reject rates proposed by individual companies.

Supporters of the bill say it will allow companies to offer car insurance discounts that aren't currently available in North Carolina. However, Goodwin said he's worried that, with the cap removed, there would be nothing to stop rates from increasing.

"That's a tremendous concern of mine," he said. "I want to make sure that our drivers, our families, our small businesses are not hit with some increases in their car insurance...

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