Anyone wanting to register their motorized vehicle within the boundaries of North Carolina must have current liability coverage for that vehicle. Frequently referred to as 30/60/25, the absolute minimum reuirement levels are for liability coverage of $30,000 if one person is injured, $60,000 for injuries to everyone involved and $25000 dedicated to property damage.
Within North Carolina, your individual car insurance policy gives you coverage, as well as family members or other individuals who operate your vehicle that you have given permission, all in the event of an accident in which you are deemed repsonsible legally. Your car insurance liability coverage ultimately will cover both damages to physical properties and injuries sustained by individuals. If you get in a wreck while driving your vehicle and are deemed repsonsible, then your insurance will pay damages up to the policy limits to parties that you injure or owners of property you damage. Likewise, if you are in an accident and the other driver is deemed responsible, his or her insurance would pay you for injuries you sustain and damage your vehicle or belongings suffer.
A car insurance policy that is paid for at the legal state minimums would be exactly 30/60/25. (more…)