Liability Insurance
No matter if you have a car loan or it's paid off, auto liability insurance is required coverage in North Carolina. There are varying levels and options of liability insurance coverage however the minimum requirements in NC are 30/60/25 ($30,000 per person/$60,000 per accident/$25,000 property damage). These coverage’s assist you for damages you may be deemed liable for in the event of an accident.

Property damage liability covers not just damage you may do to another vehicle, but it could also be damage to fixed property such as lamp posts, buildings, (if you happened to run into one) fences, etc.

Comprehensive
Comprehensive coverage pays to fix your car when it's damaged by a fire, storm, theft or vandalism. If your car is financed, you'll be required to carry comprehensive.

Collision
Collision coverage will pay you for the total damage to your own vehicle when you're determined to be at fault in a covered accident. An important note to keep in mind about collision coverage is that in the event your car is a total loss, the insurance company will pay out what is called the actual cash value. They determine what your car is worth at the time it's destroyed and pay that amount.

Uninsured And Underinsured Motorist Coverage
Uninsured motorist will pay for your damages when you're in an accident that isn't your fault and the other party doesn't have any auto insurance, or they don't carry enough.

Other Coverages
There are other coverage’s available to enhance your auto insurance strategy. Rental car coverage, towing, as well as other options are topics you should discuss with your insurance agent.