If you are a car owner in the Matthews NC area, it is extremely important that you take this responsibility seriously. One responsibility that you will have when it comes to owning the car is to make sure that it is properly covered by insurance. There are several different groups that will require you to carry auto insurance at all times. 

State Laws

Similar to other states, drivers in North Carolina are required to carry minimum levels of liability insurance at all times. This coverage will provide protection in the event you are at fault in an accident. It will provide coverage to the other drivers in the accident, but will not provide you with coverage for damage to your vehicle. The state requires that you have $25,000 in property damage coverage as well as $30,000/$60,000 in bodily injury coverage.

Lender Requirements

Since the base state requirements will only give coverage to the other party in an accident, it is important that you have additional coverage as well if you have a loan outstanding. In most situations, a lender or lessor of your car will require that you carry a full collision and comprehensive insurance policy at all times. This will help to protect you from a wide variety of losses including theft, fire damage, or if you are in an accident with a driver that is not insured.

When you are in the Matthews, NC area and are looking for an auto insurance policy, contacting the team at JC Demo Insurance Group is a good first step. The professionals at JC Demo Insurance Group are fully aware of the auto insurance laws in North Carolina and will also be able to review your lender agreements to make sure that you are in compliance with all related requirements.