North Carolina drivers are now facing higher minimum car insurance coverage requirements as of July 1, 2025. The updated mandates set the minimums at $50,000 per person for bodily injury, $100,000 per accident for bodily injury, and $50,000 for property damage. These figures represent significant increases from the previous requirements of $30,000, $60,000, and $25,000, respectively. The adjustment is designed to enhance financial protection for individuals involved in vehicular accidents, acknowledging the escalating expenses related to medical treatments and vehicle repairs.
Furthermore, North Carolina has introduced a new requirement for all liability policies to include uninsured and underinsured motorist coverage. This provision ensures that policyholders are protected up to their policy's limits in scenarios where they are hit by drivers with insufficient or no insurance. The North Carolina Department of Insurance has cited these changes as necessary to accommodate a 22.06% increase in insurance rates, aimed at covering the growing costs associated with auto accidents.
The Layton Law Firm, based in Charlotte, emphasizes the significance of these updates for the state's drivers. The firm points out that the increased coverage limits are especially advantageous for victims of serious accidents, particularly those involving uninsured or underinsured motorists. While the adjustments may result in higher premiums for some, the enhanced coverage could be crucial in the aftermath of a major collision. For further details on how these changes might impact individual car insurance policies, consulting with an insurance provider is advised. These revisions to North Carolina's car insurance requirements highlight the state's dedication to protecting its drivers and ensuring that accident victims have sufficient financial means for recovery.
