How Much Raleigh Auto Insurance Coverage Do I Need?

The exact level of Raleigh auto insurance coverage that a particular driver needs depends on a number of factors. As a general rule, the more assets a driver has to protect, the more car insurance coverage he or she will need to have in place.

Under North Carolina state law, all vehicles registered in the state must have at least the following level of protection in place:

  •  $30,000 in bodily injury liability coverage to pay for one person’s personal injury claims as a result of an accident
  • $60,000 in bodily injury liability insurance to compensate all victims of the same accident, no matter how many people were hurt in the incident
  • $25,000 in property damage liability coverage to repair public property and the other driver’s vehicle following an accident

Public property covered under a third party liability insurance policy includes buildings, fences, guard rails, light stands and sign posts. This type of policy does not pay for claims involving personal property owned by the occupants of the other vehicle involved in an accident.

New drivers who have few assets to protect can get away with buying a policy that complies with the state minimum coverage requirements. As a person acquires assets the level of liability coverage that he or she has in place should also increase. At this point, the bodily injury liability portion of the policy should be increased to $100,000/$300,000, and property damage liability insurance should be increased to $100,000 per accident.