North Carolina Insurance Requirements & Rates

North Carolina requires minimum liability coverage of 30/60/25 (bodily injury per person / per accident / property damage). North Carolina is an at-fault state, meaning the driver who caused the accident is responsible for paying damages. Uninsured motorist coverage is required.

North Carolina homeowners face risks from hurricanes, flooding, tornadoes, severe thunderstorms. The flood risk level is high and earthquake risk is low. Separate hurricane deductible in coastal counties. The average annual home insurance premium is $3,528.

North Carolina requires all motorcycle riders to wear helmets. Lane splitting is not legal. Eye protection is required for all riders. The riding season is march–november.

Yes, workers' compensation insurance is required in North Carolina. Businesses with fewer than 3 employees exempt. North Carolina has approximately 950,000 small businesses, with top industries including Technology & Finance, Healthcare, Agriculture.

Yes, North Carolina has expanded Medicaid. The state uses the federal marketplace at healthcare.gov. The uninsured rate is 11%.

Yes, landlords in North Carolina can require tenants to carry renters insurance as a condition of the lease. About 34% of North Carolina residents are renters, with average monthly rent of $1,125.

With a median household income of $62,891, most North Carolina families should consider 10-12x their annual income in life insurance coverage. Currently, 50% of North Carolina households have life insurance.