Proper Coverage

It is always important to discuss with a professional to ensure you are properly covering your assets at all times.

Most consumers use the forbidden term in our industry “full coverage” but aren’t sure what that even means. North Carolina law requires that all registered vehicles must carry at least a minimum state requirement known as 30/60/25. This means that if you are found at fault for an accident that causes injuries, $30,000 would be the maximum paid out by your insurance company per person, with a maximum of $60,000 paid by your insurance company in total.

Many agents refuse to sell State Minimums. This is because if the injuries exceed the limits listed on your policy, you are then held responsible to cover the difference. This can mean personal lawsuits and/or garnishing of wages. Liability limits can range from State Minimum up to $1 million and are not a one-size-fits-all coverage. Best to always discuss with a professional to ensure you are properly covering your assets at all times.