We,the Board of Directors of the Alliance of Insurance Agents of North Carolina (AIANC),and the undersigned,strongly oppose Senate Bills 477 & 490,and House Bill 834. Along with our member insurance companies, we represent over 200,000 NC policyholders,and believe these Bills would be extremely harmful to our customers along with the other million plus customers which auto insurance risks are placed in the North Carolina Reinsurance Facility. While beneficial for the insurance companies as a means to increase rates,the consumers affected by these Bills would see increases estimated at 30\% - 40\%. If approved, these Bills would eliminate protection for the consumers, allow insurance companies to increase rates up to 15\% every 12 months without the approval of the Insurance Commissioner, and abolish North Carolina's claim of having the 8th lowest liability rates in the country.
By signing below, you agree to join us in our efforts to stop these Bills from passing and keep our rates among the lowest in the whole United States of America!