North Carolina car insurance requirements are minimal and simple. All of North Carolina, the driver must maintain a minimum amount of auto insurance protection. Liability will pay for bodily injury and property damage coverage due to an accident that the driver is responsible. According to the laws of North Carolina auto insurance, minimum liability amount required is $ 30,000 for medical expenses incurred by a single driver, $ 60,000 for medical expenses combined in a single accident, and $ 25,000 property damage liability protection.
Comprehensive and collision protection is not mandated by the laws of North Carolina auto insurance, but most drivers need to purchase this valuable protection for the financial protection they afford. Collision and comprehensive cover repair or replacement costs after your vehicle sustains damage to the covered loss. Failure to carry collision coverage will result in you having to pay the entire bill for your car repairs out of pocket, which can be a burden to destroy if you drive a newer vehicle. Moreover, if you still owe money on your vehicle, most lenders require drivers to buy comprehensive coverage until the car loan paid in full.
Although not part of the requirements for North Carolina car insurance, underinsured / uninsured motorists coverage is always extra prudent with your auto policy. This coverage will help pay for damage caused by a driver who either do not have car insurance or does not carry enough coverage to pay all damages. Without this protection, the vehicle owner will have no choice but to pay the cost of treatment and subsequent improvement of the pocket and then try to sue the driver guilty for restitution. If you are a victim of hit-and-run accident, uninsured motorist’s coverage will also apply.
