Do you need to add coverage to your North Carolina car insurance policy? Don’t add to your policy until you seek North Carolina car insurance quotes by entering your zip code in the space above.After a car collision, the medical bills and property repair bills can add up to a great deal of money for those who cause the collision to pay on their own. If the at-fault drivers do not have a liability policy, they may need to sell their houses and liquidate all of their assets to take financial responsibility for the bills of those who were injured.Bodily Injury and Property Damage Liability To avoid the above scenario, North Carolina requires that drivers have a liability insurance policy that will provide at least $30,000 to pay one injured personal medical expenses. If more than two people were injured, they will file claims with the at-fault drivers insurance companies and receive at least $60,000 for their medical bills. The property damage liability portion of the policy has $25,000 to repair or replace damaged property.Uninsured Motorist Bodily Injury and Property Damage. North Carolina drivers must also purchase uninsured motorist bodily injury and property damaged coverage. If North Carolina drivers are hit by someone who is uninsured, they and their passengers will file claims for the uninsured motorist bodily injury coverage and receive at least $30,000 for one personal injuries.
The insurance company will only be required to pay those who file claims until the amount expended reaches $60,000. To repair the policyholders vehicles, they will file a claim for the uninsured motorist coverage that will be in the amount of at least $30,000.Adding New Drivers to an Auto Insurance Policy As time goes by, North Carolina drivers may need to add people to their policies or increase their coverage. When they do this, the auto insurance companies will need to increase their rates. In some cases, this increases the cost of auto insurance in NC to an unbearable amount. The time when this will be the most likely scenario is when parents seek to add their newly licensed teenage drivers to their policies.Why Rates Increase So Dramatically When Teens Are Added Teenagers are part of the inexperienced driver demographic, and inexperienced drivers are most often placed in the high risk category. The reason is that inexperienced drivers are some of the most likely people to cause car collisions. According to the Center for Disease Control and Prevention (CDC), drivers who are in the 16 to 19-year age group are involved in three times as many car crashes as those who are age 20 and up. When parents inform their insurance companies that their children have received their permits, they rates skyrocket.
How to Qualify for Lower Rates for Teenage Drivers
Before parents accept these much higher rates, they can look for cheap auto insurance in NC by entering their zip codes above. Then, they will have several North Carolina auto insurance quotes that may be much lower than the rates their current auto insurance companies want to charge them.Auto insurance companies have discounts designed just for those in the 16 to 19-year age group. If they are full-time students in high school or college and are earning a 3.0 grade point average or better, they can receive a good student discount. If they have taken driver education courses, these count as experience and entitle them to another discount. If they are driving very few miles, this can qualify their parents for a discount. It will all begin by entering their zip codes above and requesting several North Carolina auto insurance quotes today.