New insurance law more governmental intrusion


First Posted: 1/4/2009

The North Carolina General Assembly, in its seemingly endless wisdom, enacted a law last year requiring motorists to carry coverage protecting them if they are in an accident with an uninsured motorist.
That law recently went into effect and what it means is that some area vehicle owners will see their auto insurance rates climbing.
Up until now, North Carolina motorists who purchased auto insurance had the choice of whether to cover themselves should they be in a wreck caused by an uninsured motorist.
The idea of such coverage is that, if someone is injured in a wreck caused by an uninsured motorist, or their vehicle is damaged, the person who carries uninsured motorist protection is still covered, by his or her own insurance.
Of course, that cost motorists more on their auto insurance, and up until now North Carolina auto owners could choose whether to fork over that extra to their insurance company, or to keep the money in their own pocket while risking such an accident.
Now the state is forcing all motorists to purchase this additional insurance.
Most insurance professionals who stand to reap additional revenue say the typical car owner isnt going to see that much of in increase in their annual premium. And, the truth is that more than 90 percent of insured motorists already carried this protection.
The addition cost and the relatively small number of people who would be affected, however, are not the issue here. What is the issue that we find onerous is the state government finding yet another way to reach its tentacles into the private lives of state citizens.
At the very least, if the state is going to force a mandate on its citizens, it should cough up the money to pay for it. Otherwise, this just might be another example of government issuing regulations simply because it can, leaving private citizens to pay for it.

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