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Liability insurance in North Carolina. Liability insurance helps pay for other drivers’ damage and injuries if you cause an accident. Here is the amount of coverage that the state requires:
In North Carolina, drivers are required to carry $30,000 in bodily injury liability per person, up to $60,000 bodily injury liability per accident (for two or more people) and $25,000 in property ...
North Carolina is the only state to require that a driver hold liability insurance before a license can be issued. North Carolina does allow for a "fleet license" to be issued if the license holder has no insurance, however the fleet license only allows for the driver to operate vehicles owned and insured by their employer. The license holder ...
Property damage liability: $25,000 per accident. Uninsured motorist bodily injury: $30,000 per person; ... Which company offers the cheapest car insurance in North Carolina?
An SR-22 is not an insurance policy, but a filing, or an add-on, that is added to a personal automobile liability insurance policy. Not all insurance carriers offer SR-22 filings in all territories. For instance, an insurer may offer traditional base coverage in a particular state but not issue an SR-22 in that state. [4]
The liability insurance crisis in the United States of America refers to a volatile economic period during the mid-1980s. During these years, until about 1990, rising insurance premiums and an unavailability of coverage for several types of liability insurance led to a crisis that has been attributed, among others, to the expansion of tort doctrines for insurer liability and the McCarran ...
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