Auto Insurance Quotes North Carolina – O’Neal & Associates Insurance
North Carolina Car Insurance
With both strong economic development and many cultural and scenic attractions to offer, North Carolina has seen significant population growth over the last few decades. With growth has come infrastructure expansion and an increase in new driver registrations. As a result, the state has experienced a growing auto insurance marketplace, and for good reason.
All North Carolina drivers are obligated to carry car insurance, but coverage isn’t meant to be a burden to you. Instead, it’s there to help you overcome the challenges that might beckon any time you get behind the wheel. Those who want not only effective benefits, but also expert policy services, should come to O’Neal & Associates Insurance to get covered.
The Importance of Car Insurance for North Carolina Drivers
It’s expensive to own a car, and it’s dangerous to get behind the wheel (no matter how safely you try to drive). Your vehicle is an asset that you want to protect, but if you do run into a challenging situation like a wreck, vehicle theft or accident lawsuit, then you might face significant financial challenges as you try to recoup your losses. Car insurance will be there to help you supplement these costs so that you don’t have to dig deep into your own pockets to pick up the pieces.
North Carolina’s Car Insurance Requirements
All states enforce their own driving and auto insurance laws; North Carolina uses an at-fault system. This means that when you cause a wreck, you are obligated to pay both for your own losses and the harm and property damage that you cause others (I.e., other drivers).
North Carolina therefore requires registered drivers to carry proof of financial responsibility through its mandatory auto insurance laws. All policies issued in the state must have three types of coverage:
- Bodily injury (BI) liability coverage: This coverage will pay for the injury costs of other drivers, their passengers, pedestrians or others injured by accidents that are your fault.
- Property damage (PD) liability coverage: With this coverage, you can pay for the property damage you cause to other people. For example, it might help you pay for the repairs to another driver’s car after you hit it.
- Uninsured motorist (UM) coverage: This coverage is for your own protection. If another driver who does not have liability insurance damages your vehicle or causes your harm, then this coverage can pay for your own recovery costs.
Your mandatory benefits must also contain at least the following coverage limits:
- $30,000 BI coverage per person
- $60,000 BI coverage per accident
- $25,000 PD coverage per accident
- $30,000 UM bodily injury coverage per person
- $60,000 UM bodily injury coverage per accident
- $25,000 UM property damage coverage per accident
It is recommended that you carry added liability insurance beyond the minimum required coverage.
Please Note: If you do carry higher liability insurance limits, you are also required to carry underinsured motorist (UIM) bodily injury coverage. If another at-fault driver lacks enough liability insurance to cover your own losses, this coverage can help you make up the difference in cost. UIM coverage does not cover property damage.
Expanding Your Coverage
Your North Carolina policy can offer many optional benefits than basic liability insurance:
- Collision Insurance: This policy will pay for damage to your own vehicle after a wreck.
- Comprehensive Insurance: This coverage can pay for your car’s damage from fire, weather, theft vandalism and related occurrences.
- Medical Payments: This coverage can help you pay your own medical costs if you get hurt in a wreck. It can help you pay regardless of who is at-fault for the wreck.
- Glass Coverage: Many policies will cover the replacement of your window glass. In many cases, your policy can insure these damages without requiring you to pay a damage deductible.
Other optional coverage might help you pay for roadside assistance, towing and rental car costs. It is highly recommended that you carry more expansive coverage.
We Can Insure High-Risk Drivers
Some drivers have high-risk driver designations. This risk designation tells insurers that the driver has a high likelihood of filing a claim on their policy. You might obtain a high-risk designation for:
- Driving without a valid license
- Driving without insurance
- Committing multiple traffic offenses
- Causing at-fault wrecks
When you are classified as a high-risk driver, you might face higher insurance rates, termination of your coverage, or an inability to renew your policy after your term expires. Still, you have to carry coverage, and you shouldn’t have to face uphill battles to get it. Our O’Neal & Associates Insurance agent can help you get covered despite any risk rating, and we can make sure you pay a fair price for your plan.
Here When You Need Us
At O’Neal & Associates Insurance, we’ll help all North Carolina drivers get covered without having to pay exorbitant prices for coverage. Contact us at 855-218-6308 or request an online quote right now!