What Are North Carolina's Car Insurance Requirements?

Everything You Need to Know About North Carolina's Car Insurance Requirements

North Carolina has specific laws and regulations that all drivers must follow to ensure they are properly insured. Understanding these requirements is crucial for both new and long-time residents. At Al Kerr Insurance and Associates, we are here to help you navigate these requirements and find the best car insurance coverage for your needs.

Overview of North Carolina's Car Insurance Requirements

Minimum Liability Coverage: In North Carolina, drivers are required to have liability insurance to cover damages and injuries they may cause in an accident. These limits are the minimum required by law, but many drivers choose to purchase higher limits to provide better protection.

Minimum Coverage for Drivers

• Bodily Injury Liability: $30,000 per person and $60,000 per accident
• Property Damage Liability: $25,000 per accident
  
• Uninsured/Underinsured Motorist Coverage: North Carolina also requires drivers to have uninsured/underinsured motorist coverage. This coverage protects you if you are involved in an accident with a driver who does not have insurance or whose insurance is insufficient to cover the damages. The minimum limits for this coverage are the same as the liability coverage.
• Personal Injury Protection (PIP): While not mandatory, PIP coverage is strongly recommended. It provides medical coverage for you and your passengers, regardless of who is at fault in an accident. The minimum coverage limit for PIP is $1,000 per person.

What to Know if You're Relocating to North Carolina

If you are moving to North Carolina from another state, it's important to understand the state's car insurance requirements. Here are some key points to keep in mind:

• Transfer Your Insurance: If you are moving from a state with similar or higher insurance requirements, you may be able to transfer your existing policy. However, it's always a good idea to review your policy to ensure it meets North Carolina's minimum requirements.
• Notify Your Insurance Company: Inform your current insurance provider about your move to North Carolina. They can help you adjust your policy to comply with state laws.
• Get a New Driver's License: North Carolina requires new residents to obtain a North Carolina driver's license within 60 days of moving to the state. Make sure to update your insurance policy with your new license information.

Additional Considerations for North Carolina Drivers

• Comprehensive and Collision Coverage: While not required by law, comprehensive and collision coverage can provide additional protection for your vehicle. Comprehensive coverage covers damages from non-collision events, such as theft, vandalism, and natural disasters. Collision coverage covers damages to your vehicle from collisions with other vehicles or objects.
• Rental Car Coverage: If you frequently rent cars, consider adding rental car coverage to your policy. This coverage can help pay for a rental car if your vehicle is being repaired due to a covered loss.
• Gap Insurance: If you have a car loan or lease, gap insurance can be a valuable addition to your policy. It covers the difference between the actual cash value of your vehicle and the amount you owe on your loan or lease in the event of a total loss.

Why Choose Al Kerr Insurance and Associates?

At Al Kerr Insurance and Associates, we are committed to helping drivers in Fayetteville and Spring Lake, NC, find the right car insurance coverage. Our team is knowledgeable about North Carolina's insurance laws and can help you understand your options and choose the best policy for your needs.

Get Your Custom Car Insurance Quote Now

Don't let the complexities of North Carolina's car insurance requirements overwhelm you. Call us at (910) 485-8849 for our Fayetteville, NC location or (910) 497-4046 for our Spring Lake, NC location to get a car insurance quote today. We look forward to helping you find the coverage you need to drive with confidence and peace of mind.