Auto Insurance
We want you to have the peace of mind that your auto insurance policy will take care of your vehicle if it is damaged by an accident, fire, theft, or other event. But which type of insurance is right for you?
North Carolina is an at-fault state, which means the driver who causes an accident is responsible for the resulting damages. North Carolina law requires all drivers to carry minimum auto liability limits of 50/100/50 — $50,000 for bodily injury per person, $100,000 for bodily injury per accident, and $50,000 for property damage.
Even in states where insurance coverage is not required, there are two important reasons to obtain insurance:
- State laws mandate that drivers must be able to pay for losses they cause others. Insurance provides the confidence that an accident will not leave you alone to cover costly property and medical expenses.
- Prior to extending a car loan, lending institutions often require insurance that will cover damage to your vehicle.
There are two types of insurance for these circumstances:
- Collision insurance pays for any repairs needed for your vehicle after an automobile accident, up to the fair market value of your car.
- Comprehensive insurance pays for other types of damage done to your car, such as by theft, vandalism, or natural disasters (e.g., flood, hurricane, tornado, fire), up to the fair market value of your car.
Statewide Insurance understands the car insurance needs of our customers and understands that each situation is unique. We will help you find the insurance that works for you, at the price and value that suits your needs. Contact us today for help selecting the right car insurance policy.