Research Report
North Carolina’s Auto Insurance System: Still Unfair, Still in Need of Improvements
posted April 25, 2011 by Eli Lehrer
North Carolina’s auto insurance system is unfair to low-risk drivers because it overcharges them in order to subsidize some of the state’s more risky and dangerous drivers. Every insured driver pays a hidden tax, and private insurance companies are guaranteed a profit. This report recommends reforms to improve the system.