North Carolina is currently the 10th most populated state and is home to the Appalachian Mountains, tobacco and soybean farms, Atlantic fisheries, and a lot of tourism. It is absolutely important that North Carolina residents carry the proper auto insurance. North Carolina auto insurance dropped on average at about 16.2% between 2006-2007. It is still above the national average: North Carolina – $1945 but not by much – national average – $1896.
North Carolina Auto Insurance Requirements
North Carolina requires that its many motorists carry basic Bodily Injury Liability and Property Damage Insurance to protect the victims of car accidents from large amounts required for medical expenses and property damage. Each driver who is at fault for the accident is expected to pay the minimum accepted by North Carolina law which is 30/60/25. This amount that North Carolina auto insurance companies must pay out on behalf of the at fault driver breaks down as follows:
- Bodily Injury Liability – The driver responsible for the accidents will have funds available to cover the medical expenses of a person in the other vehicle, which will be up to $30,000.
- A total amount of up to $60,000 will be paid out for the medical expenses of more than one individual in the other car.
- Property Damage Liability – The at fault driver’s North Carolina auto insurance company will pay out up to $25,000 for damage to other vehicles and public property damage such as road signs and other structures.
These amounts are basic and certainly will not cover major accidents, therefore the State of North Carolina recommends that each motorist take out additional insurance, which will also protect them in the event that the damages exceed the limits their basic coverage will pay out.
North Carolina also recommends that their motorists carry Comprehensive and Collision coverage to pay for damages to their own car should they be at fault, or cover the difference that the at fault driver could not cover, and to protect against damage to their car as a result of natural causes such as the weather, or contact with wildlife.
North Carolina recommends that its drivers also obtain Uninsured/Underinsured Motorist protection. For example, the State of Virginia does not require its insured to carry liability insurance and if they are traveling to North Carolina and get into an accident which they are deemed to be at fault, they may not be able to cover the medical expenses or car damage they inflict upon the North Carolinia driver. UM insurance will also cover against a hit and run accident.
