The report acknowledges that a large contributing factor to this particular metric is how North Carolina has regulated car insurance rates over the years.
"It's not a perfect system, but it has contributed to the lowest average car insurance rates from Delaware to Texas and some of the very lowest in the country, while also having the third-most-stable insurance market in the country," explained Insurance Commissioner Wayne Goodwin.Goodwin sees value in the system while still seeking targeted reforms.
"It is very interesting that some folks won't accept facts or evidence that our average insurance rates are among the very lowest. That's good for business and great for individual drivers and families," he said.
Follow Goodwin's ongoing discussion of this issue and other relevant topics by becoming a friend to his campaign Facebook page or following him on Twitter via @WayneGoodwinNC. Alternatively, stay tuned to the campaign website, www.waynegoodwin.org.