Great News for North Carolina Drivers: Minimum Liability Insurance Limits Increase for First Time in 25 Years

At the Ramsay Law Firm, P.A., our Charlotte personal injury attorneys have recently discussed the current status of underinsured and uninsured motorist laws in North Carolina. Within the same legislation, Senate Bill 452 (SB 452), North Carolina raises the minimum insurance liability limits for the first time since 1999, helping to protect people involved in car accidents on our state’s roadways.

Here, we discuss how the new bill addresses the rising healthcare costs, vehicle repair, and inflation over the past two decades and why this is excellent news for North Carolinians.

Why Increased Minimum Liability Insurance Limits is Great News for North Carolina Drivers

North Carolina SB 452 is designed to offer better financial protection to individuals involved in car accidents on North Carolina roadways by increasing the minimum coverage amounts that drivers must carry.

The critical points of SB 452 include:

• Increased Minimum Liability Limits

The bill raises the minimum bodily injury liability coverage, effective January 1, 2025, to:

• Bodily injury: $50,000 per person injured.
• Per accident: $100,000 per accident.
• Property damage: $50,000 for property damage.

Minimum coverage is currently $30,000 per person, $60,000 per accident for bodily injury, and $25,000 for property damage.

• Protection for Accident Victims

Increasing the minimum coverage helps ensure that the at-fault driver’s insurance covers more accident-related expenses, including medical bills and property damage. This reduces the likelihood of injured parties paying out of pocket.

• Potential Impact on Insurance Premiums

The bill may lead to a slight increase in auto insurance premiums for drivers as insurers adjust for the higher liability limits. However, it also provides significantly more protection in an accident.

SB 452 aims to enhance financial protection for drivers and accident victims, reflecting modern-day costs and reducing the financial burden on individuals involved in auto accidents. If you have been hurt in a crash and seek compensation from the at-fault driver’s insurance coverage, we can help you understand your legal rights and options, starting with a free consultation.

Have You Been Injured in a Car Accident in North Carolina?

Our dedicated Mecklenburg County personal injury law firm provides free consultations to all who have suffered injuries from negligence in North Carolina by calling 704-376-1616 or contacting us online.

A Voice For The Injured.  Here Every Step of The Way.