Most everyone knows that automotive insurance has two parts to it’s coverage. Liability insurance is the first section of the policy. What does liability insurance cover? It covers the financial responsibility for injuring others or their property caused by the negligence of others. Everyone must carry some liability coverage, as it’s required in North Carolina. North Carolina Motor Vehicle Law requires that Automobile Liability coverage be continuously maintained.
Comprehensive coverage is the 2nd part of automotive insurance. What does comprehensive coverage cover? It covers the car itself, and reimburses losses from fire, theft or other perils; collision coverage pays to repair losses caused by an accident. This coverage is often required by leasing companies or banks, especially when purchasing new vehicles. There are also ancillary medical, car rental and other coverages which vary in North Carolina. We can help you figure all of that out based on your needs.
Cost is always dependent on these two parts. After looking at what you need, we can help you keep your premiums down by utilizing high deductibles on the physical damage coverage. And if you carry umbrella insurance, we will make sure that you carry the required amount of basic liability insurance to avoid a gap in coverage for a serious accident.