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Liability insurance: All drivers in North Carolina are required to have continuous liability insurance provided by a company licensed to do business in North Carolina.
Yes, North Carolina law explicitly states that the minimum liability requirements of $30,000/$60,000/$25,000 must be carried on all registered vehicles. In fact, insurance companies are legally ...
Minimum insurance required in North Carolina. ... The minimum amount each driver must have in North Carolina is: Bodily injury liability: $30,000 per person; $60,000 per accident.
North Carolina is the only state to require that a driver hold liability insurance before a license can be issued. North Carolina does allow for a "fleet license" to be issued if the license holder has no insurance, however the fleet license only allows for the driver to operate vehicles owned and insured by their employer. The license holder ...
In the United States, an SR-22 (sometimes referred to as a certificate of insurance [a] or a financial responsibility filing) [1] [2] is a vehicle liability insurance document required by most state departments of motor vehicles (DMV) offices [b] for "high-risk" insurance policies. [3]
Whether or not general liability insurance covers construction defects or "faulty workmanship" is a matter of some debate, as some insurers have viewed poor workmanship as a risk that is covered by a surety bond rather than an insurance policy given that a construction professional may have some influence (through attention to detail, skill, and effort) over whether such a defect occurs.
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