Car Insurance Quotes Comparison Nc

Get cheap fast free liability auto insurance quotes online. Immediately save money by comparing multiple companies that offer the best rates. You can meet your state minimum required limits and still have high-quality coverage. Policies are quickly approved, and essential coverage is available any time.

If you drive a vehicle, you are required to have bodily injury and property damage liability coverage that meets or exceeds your state's minimum requirements. Unless you properly shop, you could pay much higher rates compared to more affordable options that many companies offer. We research, shop and review for you, so you pay less, and are able to find the cheapest car insurance prices in your area with the lowest initial payment. Both basic and higher amounts are reviewed.

Our website gives you the opportunity to instantly compare multiple companies and quickly determine the most affordable policies that meet your state's requirements. Whether you're purchasing your first vehicle and you are a new young driver, or you have been licensed for 40 years, we will help you quickly find the best offers. If your vehicle is financed, leased, or has a lien holder, we will show you the best deductible options.

 

Your Vehicle Liability Requirements

 

Although there are minor differences in what is legally required in each state, and the amount, typically, the coverages listed below are needed before you operate your car or truck on the road. In fact, in most states, before you attempt to drive the vehicle, you must secure valid benefits. are also provided on our website. Depending upon where you live, you may be required to meet state minimum requirements, even if you do not own the vehicle.

 Bodily Injury

Bodily Injury protects you against the damage you cause to other persons in an at-fault accident. It can consist of actual medical injuries, pain and suffering, and short-term or long-term treatment directly related to the initial claim. It also provides you with legal defense against a party that sues you from injuries. This includes legal and investigative fees. The amount of assets you own, should always be considered when choosing you limits.

 

Additional items that are generally covered, include medical bills from hospitals and related facilities, pain and suffering, unreimbursed income from employers, funeral costs and expenses, short-term and long-term nursing care, and prescribed rehabilitation.

 Property Damage

Property Damage covers damage and destruction that you cause as a result of an at-fault accident. Of course, hitting another vehicle is one of the most common examples. However, if you were also to hit a house (including its contents), a telephone poll, street lamp, mail box, fence, or outdoor furniture, it qualifies for coverage. In rare situations, the resulting collateral damage could exceed $100,000.

 

Often, the state minimum required limit is very low. This amount will vary, depending on the state, and if they have recently increased the required benefit. Many states still only require $10,000 of coverage, although slowly, these amounts are going up. But since the cost of replacing many new and used vehicles far exceeds $10,000, we urge policyholders to raise limits to either $25,000 or $50,000, if available. Ultimately, for reasons previously stated, $100,000 should also be considered.

Uninsured Motorists

Uninsured Motorists (UM) protection is very important since about 15% of all drivers in the US do not have valid coverage. Unless you have this benefit (depending upon the state), reimbursement for thousands of dollars of injuries and damage may not be recoverable. NOTE: In some states, purchasing UM coverage is optional, although the cost is typically fairly low. Underinsured protection is sometimes also required at the same time.

A "hit and run" accident or an incident where the other party flees the scene are often situations where UM protection can be used. Depending on the type of policy you have, there may be some out-of-pocket expense (your deductible). However, if the money that was spent to pay your claim is fully recovered, your deductible can be returned. Often, it may take months, or years to fully recover everything.

Underinsured Motorists

Underinsured Motorists (UND) is typically not required but is a benefit that should strongly be considered. When the other party is negligent, but does not have enough coverage to pay for the damages, UND benefits will compensate the owner of the vehicle. However, all court appeals may have to be exhausted and the decision final before funds are dispersed. This could take several years, so don't quit your job!

Persons that select the minimum liability requirements for their vehicles are likely to be underinsured. If you have an accident with persons that carry these coverages, you are most likely to use your UND benefits. Usually, they match the limits of the UM you presently have. However, it is possible to have one benefit, and not the other. Since the cost of adding only UND benefits is not significant, we highly recommend it.

 PIP

Personal Injury Protection (PIP)  is mostly utilized in "no-fault" states. You can not purchase coverage in any state that is not no-fault. One of the main coverages is the payment of your own medical bills if you are involved in an accident. The amount of money spent on litigation is assumed to be lower, since the claims are paid almost immediately, without a long costly legal battle.

Although filing a lawsuit is not prohibited, there are typically a limited number of situations where it will be financially advantageous to sue. For example, unless a death occurs, or an injury resulting in extensive pain, suffering, and medical bills, litigation may not be recommended. Your own PIP coverage will pay your hospital and doctor expenses along with compensation for missing work. Your private or Marketplace healthcare policy becomes "secondary" instead of "primary" and probably will not be used.

 

State Minimum Limits

 

Regardless of how low your coverage is, the bodily injury and property damage limits must meet or exceed the minimum requirements in your state. If you don't meet these minimums, you are forbidden to drive, and in some states, own a vehicle if it is likely to be driven. These limits are of course low, and should not necessarily be considered the coverage you should place on your own vehicles. In fact, in all states, the average  is significantly higher than the required minimum.

NOTE: ( Florida, Hawaii, Kansas, Kentucky, Massachusetts, Michigan, Minnesota, New Jersey, New York, North Dakota, Pennsylvania, and Utah)  were not considered.

 

States With Lowest Required Bodily Injury Per Person/Accident Limits:

 

 

Arizona -- $15,000/$30,000

California -- $15,000/$30,000

Delaware -- $15,000/$30,000

Louisiana -- $15,000/$30,000

Nevada -- $15,000/$30,000

 

States With Highest Required Bodily Injury Per Person/Accident Limits:

 

Alaska -- $50,000/$100,000

Maine -- $50,000/$100,000

Texas -- $30,000/$60,000

North Carolina -- $30,000/$60,000

Texas -- $30,000/$60,000

 

Which Factors Impact My Rate?

 

Perhaps the biggest component that determines how much you pay is where you live. Your zip code and/or county of residence can result in differences of hundreds of dollars per year, even with distances of less than 10 miles. For example, Ohio's Cuyahoga County and Pennsylvania's Philadelphia counties often are among the costliest areas in the state. Yet, a person who lives just 15 minutes outside of the county line may pay premiums that are 5%-20% less.

However, some states simply cost less to provide automobile liability insurance regardless of where you live. For example, Iowa, Wisconsin, Idaho, Ohio, North Carolina, and South Dakota typically offer very favorable rates for basic coverage, especially if you have less than one moving violation on your driving record.

Conversely, New Jersey, New York, Florida, Alaska, Louisiana and Michigan can usually be found on everyone's Top-10 list for highest prices. In these states, because it is more expensive to raise your bodily injury and property damage limits, a higher percentage of residents maintain minimum, but legal coverage.

 

What Is An SR-22 Bond?

 

Firstly, it's important to understand one important fact -- An SR-22 Bond is not an insurance policy. It's actually a document that is issued as a certificate to verify you are covered and you are financially responsible. Reasons that the Bond is required can include getting too many tickets or having too many at-fault accidents, a DUI or DWI, involvement in an accident without coverage, or the reinstatement of a suspended license. NOTE: The "SR" stands for "Safety Responsibility".

Your existing company typically provides the paperwork that will prove that you are meeting the minimum requirement of the state. Your current policy is not impacted. However, you must maintain this extra Bond and until your mandatory period is over. Often, your carrier files an SR-26 with your state, informing them if your existing policy has lapsed. NOTE: Virginia and Florida also require and FR-44 filing if alcohol is involved in the violation or accident.

The following states currently do not require SR-22 filings: Pennsylvania, Oklahoma, North Carolina, New York, New Mexico, Minnesota, Kentucky, and Delaware. However, if changing residences, it's important to verify that your state of prior residence does not require a filing, even though you moved.

No In-Force Coverage?

However, what happens if your coverage lapsed or you don't have a policy? You will have to pay a "filing fee"  for your certificate, and of course, assuming you own a vehicle, need to purchase liability coverage. The minimum state requirements can be selected to help keep premiums low. Although the mandatory time the SR-22 needs to remain in place varies with each state, typically it is about three years. Medical expenses and the vehicle you are driving are not covered by the SR-22.

 

Do I Need A Liability Umbrella Policy?

 

A personal liability umbrella contract is typically issued by the company that insures your home and automobiles. An additional layer of coverage is provided is in excess of the benefits you currently have. For example, the minimum underlying required limits are often $100,00 per person, $300,000 per occurrence and $100,000 of property damage for your vehicles, and $300,000 for your home.

An umbrella will also cover several other potential asset-grabbing situations, such as libel, slander, wrongful eviction, false arrest, malicious prosecution, dog bites, and increased liability for rental properties you currently own.

So back to the question...Do you need this coverage? At a cost of about a dollar per day (or less), you'll definitely get peace of mind knowing that your home, vehicles, boats, rental properties, and motorcycles are more than adequately covered. But if you only own your primary residential home and your vehicles, the need for this type of policy certainly diminishes.

If the amount of your total assets exceeds your total liability protection, purchasing an umbrella makes financial sense. If you can avoid putting your liquid assets, retirement savings, and other investments at risk, it's worth a dollar a day.