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  2. SR-22 in North Carolina

    www.aol.com/finance/sr-22-north-carolina...

    An SR-22 is a certificate proving you are carrying the minimum insurance requirements for a specified time, which will vary by state. ... the state utilizes a form called the DL-123, which is ...

  3. North Carolina auto insurance laws

    www.aol.com/finance/north-carolina-auto...

    Here is the amount of coverage that the state requires: $30,000 in bodily injury liability coverage per person. $60,000 in bodily injury liability coverage per accident. $25,000 in property damage ...

  4. Minimum car insurance coverage requirements in each state - AOL

    www.aol.com/finance/minimum-car-insurance...

    Minimum self-insurance requirements. California. $35,000 cash deposit or surety bond. Connecticut. $50,000 cash or its equivalent for first vehicle, $60,000 for the second vehicle, $65,000 for the ...

  5. Vehicle insurance in the United States - Wikipedia

    en.wikipedia.org/wiki/Vehicle_insurance_in_the...

    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 ...

  6. SR-22 (insurance) - Wikipedia

    en.wikipedia.org/wiki/SR-22_(insurance)

    SR-22 (insurance) In the United States, an SR-22 (sometimes referred to as a certificate of insurance[a] or a financial responsibility filing) [1][2] is a vehicle liability insurance document required by most state departments of motor vehicles (DMV) offices [b] for "high-risk" insurance policies. [3] An SR-22 is not an insurance policy, but a ...

  7. Insurance in the United States - Wikipedia

    en.wikipedia.org/wiki/Insurance_in_the_United_States

    Insurance, generally, is a contract in which the insurer agrees to compensate or indemnify another party (the insured, the policyholder or a beneficiary) for specified loss or damage to a specified thing (e.g., an item, property or life) from certain perils or risks in exchange for a fee (the insurance premium). [2]

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