Fight for Affordable Insurance Rates

Fight for Affordable Insurance Rates is fighting the latest tort reform in South Carolina. At the same time, insurance companies are raking in record profits, and their CEOs are among the highest paid in corporate America. And they aren’t stopping there, now they are trying to write laws in South Carolina to further increase their profits at our expense.

Insurance rates are skyrocketing across the nation and even more so right here in South Carolina. Whether you’re a homeowner, car owner, or small business owner, you have been negatively impacted by this alarming trend. While insurance companies rapidly raise their rates, they are making more money than ever. We deserve FAIR insurance rates.

INSURANCE PRICE GOUGING

Insurance is required to obtain a mortgage on a home or to drive a car. It’s a good business practice to have insurance if you’re a small business owner because it is a fact of life that sometimes things go wrong. Right now, greedy insurance companies are taking advantage of having an essential service by saying rates will stay high if we don’t pass laws to ensure they have even higher profits. They blame the laws in our State for the high rates. But prices are going up across the nation. We can’t allow them to strongarm us anymore.

Of all the roles Mothers Against Drunk Driving plays, one that we hold most sacred is to be the voice for impaired-driving crash victims — people who so often have their voice ignored, even after tragedy has been thrust upon them by the reckless actions of others. And once again, a public debate is being held about a law related to impaired driving without fully comprehending the impact the proposal will have on crime victims. We won’t let their voice be ignored.

This round of legislation was brought on by the rise in liquor liability insurance rates in recent years. Doing something to keep these rates in check is acceptable. S.533 is not.

This bill has clear winners and losers, and the losers are impaired-driving crash victims and overall public safety.