Car Insurance Laws And Requirements

Car Insurance Laws And Requirements

NC car insurance policies are quiet easy to understand and follow.
Every driver, in the state, is required to keep minimum liability coverage on their automobiles. Liability coverage will pay for personal injury and property damage up to a certain amount. The lowest amount of coverage available in North Carolina is $30, 000 in medical costs per driver and $60, 000 total for all involved. $25, 000 is required and covers property damage, including public property damage.

This coverage is known as 30/60/25.

North Carolina does not require its drivers to be covered with collision and comprehensive insurance. However, if you do not have this type coverage on your policy, and you are at fault for the accident, it will be your responsibility to pay for repairs and/or the lien even if the car is totaled.

Since Virginia drivers do not have to have car insurance, it is advisable for North Carolina residents to carry uninsured motorist insurance as well. This coverage can assist in paying for any damages in an accident where the other driver either does not have insurance or does not have high enough limits. This way you are not responsible for paying all the repairs or medical bills that are related to the accident.

If you do not have car insurance and you are pulled over or are involved in an accident, you will be asked for proof of insurance by the officer who has stopped you or responded to the accident. There are fines for not having insurance and there is the possibility that your drivers license or vehicle registrations might be suspended.

If your insurances lapses or expires, the North Carolina Department Of Transportation will be notified. Insurance companies will notify the department if motor vehicles of any non-renewals, cancellations or new policies. If you let your policy lapses, at that time, the North Carolina DOT will send you a letter requesting information on your policy. You will have 30 days to respond.

North Carolina auto insurance laws do not require drivers to have Personal Injury Protection. This coverage does have advantages for anyone who chooses to carry it. For example, if you are ever involved in an accident, Personal Injury Protection will cover you and your passengers' doctor bills or other medical bills incurred because of the accident.

North Carolina car insurance is really not that hard to understand. While many residents of North Carolina will continue to obtain insurance in the traditional way, make sure you receive multiple insurance quotes from multiple car insurance companies to get the best rate.