Need North Carolina Auto Insurance Quotes?

Purchasing auto insurance in North Carolina is an important matter and as such, it deserves significant thought and consideration. Several factors may affect your decision regarding the type and amount of auto insurance that you choose to purchase. Regulations regarding auto insurance vary from one state to the next. Be sure to consider the following facts, when considering the purchase of North Carolina auto insurance.

The North Carolina state adopted a North Carolina Financial Responsibility Law that requires all drivers to have at least a liability level of insurance coverage before they can operate any vehicle. The liability insurance has to include bodily injury liability component and property damage liability component. North Carolina also imposes state minimum limits on liability insurance. Liability policy should carry at least $30,000 coverage for bodily injury for any one person, $60,000 coverage for bodily injury for all persons injured and $25,000 coverage for property damage.

Even though at this time in North Carolina you are not required to always carry the evidence of insurance in your car or present it during registration, it is unlawful to drive without insurance. The penalty for doing so is the suspension of registration for a 60 day period (less strict for first offenders). The insurance companies offering North Carolina car insurance policies have to provide a list of these policies and information about any insurance termination cases to the Department of Motor Vehicles.

North Carolina residents have some of the lowest insurance expenses in the nation. According to the National Association of Insurance Commissioners, the average insurance expenditure in North Carolina in 2003 was $604.75. This state was ranked #47 in the nation (#1 being the state with the highest average insurance expenditure). Driving record is considered the most important factor that influences the price of insurance in North Carolina.

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