NC S181

Allows insurers to classify drivers under 19 years of age as a factor when setting auto insurance rates for private passenger vehicles and motorcycles.

Modifies the prohibition on age-based insurance discrimination to permit age classification specifically for young drivers under 19 years old.

Changes the definition of "clean risks" in the insurance facility from drivers with two years' driving experience to drivers who are 18 years of age or older.

Updates misrepresentation standards to focus on age (whether applicant is 19 or older) rather than years of driving experience when determining policy eligibility and surcharges.

Becomes effective January 1, 2014, and applies to policies issued or renewed on or after that date.