By All Graham Insurance Solutions
Have you noticed your auto insurance premium has gone up — even if you haven’t had an accident or filed a claim?
You’re not alone.
Across North Carolina and the U.S., drivers are seeing higher rates in 2024 and 2025. But why is this happening — and what can you do to keep your costs under control?
At All Graham Insurance Solutions, we believe in clarity and control — helping you understand the “why” behind your rate, and how to protect your budget without cutting corners on coverage.
📈 The 5 Main Reasons Auto Insurance Rates Are Rising
1️⃣ Higher Repair Costs
The cost to repair vehicles has jumped significantly.
Modern cars have more sensors, cameras, and tech — which means even a small fender-bender can lead to thousands of dollars in parts and labor.
🔧 Example: A bumper repair that once cost $400 can now cost $1,800+ because of backup sensors and collision cameras.
2️⃣ Increased Accident Frequency and Severity
Post-pandemic driving habits have changed.
Drivers are back on the road more — and distracted driving, speeding, and accident severity have increased.
⚠️ More serious accidents = higher claim payouts = higher rates across the board.
3️⃣ Rising Medical and Litigation Costs
When accidents happen, the cost of medical care and legal claims has skyrocketed.
Auto insurance must account for those rising liability costs, even for drivers with clean records.
💡 Tip: Make sure your Bodily Injury Liability and Uninsured Motorist Coverage are high enough — these protect you if the worst happens.
4️⃣ Inflation and Supply Chain Delays
Auto parts, body shop labor, and even rental cars are all more expensive due to inflation and global supply issues.
Insurance companies factor those increases into every renewal.
📦 When replacement parts take longer and cost more, it affects everyone’s premiums.
5️⃣ Reinsurance and Catastrophic Losses
Insurance companies also buy their own insurance (called reinsurance) to protect against major disasters.
In recent years, hurricanes, floods, and hailstorms have led to record claims in the Southeast — including North Carolina.
Those reinsurance costs trickle down into standard policy renewals, even for inland drivers.
🧭 What You Can Do to Lower Your Auto Insurance Costs
Here’s the good news:
You can take control — and we can help.
✅ 1️⃣ Review Your Coverage Annually
Many drivers are still on outdated policies that don’t match their current needs.
We’ll review your coverage for free to make sure you’re not overpaying for protection you don’t need.
✅ 2️⃣ Bundle Policies
Save up to 20% by combining your auto + home or renters insurance through All Graham Insurance Solutions.
It’s one of the simplest and most effective ways to reduce your rate — without reducing coverage.
✅ 3️⃣ Improve Your Credit & Driving Record
Good credit and safe driving habits are rewarded.
Enroll in a safe driver discount program or consider telematics-based coverage if you consistently drive safely.
✅ 4️⃣ Raise Your Deductible (Smartly)
If you can comfortably afford a slightly higher deductible, it can lower your monthly premium.
We’ll help you find the sweet spot that fits your budget and risk comfort.
✅ 5️⃣ Work With an Independent Agency
Unlike big-box insurers, All Graham Insurance Solutions is an independent agency — which means we compare rates across multiple top-rated carriers to find your best fit.
💬 You get personalized service and options that match your budget — not a one-size-fits-all policy.
🧡 Our Promise to You
At All Graham Insurance Solutions, we know every driver’s situation is unique.
We’re here to help you:
- Understand your coverage
- Compare rates
- Find discounts
- And make sure you’re never paying more than necessary
Because protecting what drives you shouldn’t be complicated — or costly.
🚗 Ready to review your auto insurance policy?
👉 Get Your Free Auto Quote Here