North Carolina High Risk Car Insurance Consumer Help.
In the state of North Carolina, auto insurance is required by state law. All North Carolina motorists must carry minimum auto liability insurance in the amount of 30/60/25.
This means, in order to operate a vehicle on North Carolina roads you must carry:
$30,000 of Liability Bodily Injury coverage per person injured
$60,000 of Liability Bodily Injury coverage per accident
$25,000 of Property Damage coverage per accident
Purchasing insurance in North Carolina is simple if you have no violations, DUI’s or accidents. Once you are classified as a high risk driver you need to find licensed professional that provide drivers the choice of insurance companies serving their area. The average yearly cost for a preferred or normal driver to obtain North Carolina automobile insurance is $1,001. If you have tickets, a DUI or several accidents in the last 5 years it will cost you more.
Overall rises in claims or losses can cause insurers to become highly selective in determining whom they can afford to offer to insure.
That is why it is important to note that if you are licensed to drive, by law, you are eligible for insurance. However, your options for new coverage may be limited. Each state has created and regulates a market of last resort for those who cannot otherwise obtain coverage. These groups have various names, depending on the state you live in, such as assigned risk auto insurance plans or the residual market, or the high risk pool. Your agent or insurance producer will know more about the particulars in your state.
Regardless of the reason you were dropped or canceled by your insurer, you need to act immediately to get another policy. Under no circumstance should you drive your vehicle without knowing one hundred percent that you have current insurance. Call your local agent to help you find new coverage. If you do find yourself in the assigned risk residual market pool, the price may be higher but it may be your only alternative in maintaining your freedom to drive.
Driving safely saves lives and money. The North Carolina Safe Driver Incentive Plan (SDIP) was created by state law to give drivers a financial incentive to practice safe driving habits. SDIP points are charged as follows for convictions and at-fault accidents occurring during the Experience Period (the three-year period preceding either the date an individual applies for coverage or the insurance company prepares to renew an existing policy).(NCGS §58-36-65 and 58-36-75)
12 Points for
Manslaughter or negligent homicide
Prearranged highway racing or knowingly lending a motor vehicle for prearranged highway racing
Hit-and-run resulting in bodily injury or death
Driving with a blood-alcohol level of .08 or more
Driving commercial vehicle with a blood-alcohol level of .04 or more
Driving while impaired
Transporting illegal intoxicating liquor for sale
10 Points for
Highway racing or knowingly lending a motor vehicle for highway racing
Speeding to elude arrest
8 Points for
Driving during revocation or suspension of license or registration
4 Points for
Hit-and-run resulting in property damage only
Passing a stopped school bus
Speeding in excess of 75 mph when the speed limit is less than 70 mph
Speeding in excess of 80 mph when the speed limit is 70 mph or greater
Driving by a person less than age 21 after consuming alcohol or drugs
3 Points for
At-fault accident resulting in death, or total bodily injury* (to all persons) in excess of $1,800; OR resulting in total
property damage (including damage to insured’s own property) of $3,000 or more.
2 Points for
Following too closely
Driving on wrong side of the road
At-fault accident resulting in total property damage (including damage to Insured’s own property) in excess of $1,800
but less than $3,000
Speeding more than 10 mph over the speed limit provided the total speed is in excess of 55 mph, but less than 76 mph
Speeding 10 mph or less in excess of speed zone of 55 mph or greater
1 Points for
All other moving violations
At-fault accident resulting in bodily injury* (to all persons) of $1,800 or less; OR resulting in property damage (including
damage to insured’s own property) of $1,800 or less
Speeding 10 mph or less in excess of speed limit of less than 55 mph
*No Insurance points will apply for bodily injury if the insured furnishes proof that the medical costs were incurred solely for diagnostic purposes.
No Points Charged for:
An accident provided all of the following are true:
There is property damage only; The amount of damage is $1,800 or less;
There is no conviction for a moving violation in connection
with the accident; and No licensed operators in the
household have convictions or at-fault accidents during the
experience period. (An insurance company may require that the
insured be covered by that company for six continuous
Speeding 10 mph or less over the posted speed limit; provided all of the following are true:
The violation did not occur in a school zone; and
There is not another moving traffic violation for the
experience period (an isolated Prayer for Judgment Continued
[PJC] will not count as a prior conviction for the purpose of this
One PJC for each household every three years; however:
A second PJC may cause points to be charged according to the underlying convictions.
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- Personal assigned risk insurance – Personal Auto or Car insurance, HO-3 Coastal homes, coastal homes flood insurance, Mobile Homes, Recreational Vehicles (Boats, Jet Skis, ATVs), Vacant Properties, Inner City Dwellings, Personal Umbrella Policies and many more.
- Commercial assigned risk insurance – General Contractors, Vacant Commercial/Industrial Properties, Habitational, Professional Liability, Liquor Liability, Bars/Restaurants, Commercial Property, Local Trucking, Busing, Intermediate Trucking, Long Haul Trucking, Taxis & Transportation, Roofing-Roofer, Excess Liability, Errors & Omissions, Medical Malpractice and many more.