North Carolina Auto Insurance
There is a required amount of North Carolina auto insurance required by law in order to legally drive a car. This insurance is known as liability insurance and covers third parties when you are at-fault for an auto accident. This liability insurance can be broken into two sections; bodily injury insurance and property damage insurance.
- Bodily Injury Liability Insurance
Bodily injury liability insurance covers injuries and medical expenses to other when you are at fault for an auto accident. It does NOT cover your injuries or medical expenses. For those expenses to be covered you, must have some form of medical insurance, such as PIP insurance. The minimum amount of bodily injury insurance is $30,000 per person and $60,000 per accident. This is the minimum amount that you must have, but you can increase this amount, and it is recommended to do so. If you are at fault for an accident and the damages are above your liability coverage, you will be forced to pay the difference. This could end up in several thousand dollars!
- Property Damage Libaility Insurnce
Property damage liability insurance covers damages you cause to other motorists property, usually their car, when you are found at fault for an accident. It does not cover damages to your car, and for this coverage you would need to add
collision and comprehensive coverage
to your policy. The minimum amount of property damage liability is $25,000, and just like bodily injury, it is recommended to increase this amount to offer full protection.
Increasing the amount of liability or adding comprehensive or collision coverage will increase your auto insurance premiums. To determine how much this will increase, it is recommended to get online
North Carolina auto insurance quotes
. This will find you the company with the lowest rates in all of North Carolina.
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