According to the MVSFRA, any policy for uninsured or underinsured motorists will insure the named insured against losses “for damages that arise from the ownership, maintenance, or use of such motor vehicle.” In 2004, the North Carolina legislature prohibited the accumulation of coverage for uninsured or underinsured motorists in the event of an accident within the policy. Coverage for uninsured or underinsured drivers can cover injuries and damages caused by an accident caused by a driver who is uninsured (uninsured) or who does not have enough insurance to pay the full cost of injuries and damages (underinsurance). Even though car insurance is mandatory in North Carolina, an average of 7% of drivers in the state don't have car insurance. Even if you've been covered before and have maintained a good driving record, you could face serious penalties for not having insurance in North Carolina.
Collision insurance will pay for the repair of your vehicle if you are hit by an uninsured driver, but it won't cover any of your medical expenses and comprehensive insurance won't cover your expenses at all after a collision. If your car repair costs exceed the at-fault driver's insurance policy, your collision coverage can cover the difference. Also, it's important to remember that, in North Carolina, you can't sue your insurance company. If you have car insurance in North Carolina, it includes several types of protection, including coverage for uninsured motorists and, often, coverage for underinsured motorists.
For example, if another vehicle goes off the road, but there is no contact between the two vehicles, coverage for uninsured drivers will not be responsible and, therefore, may be denied, according to North Carolina courts. Uninsured motorist (UM) coverage protects the policyholder by paying for injuries or damages that result from a car accident caused by a driver who does not have enough insurance. Normally, a North Carolina driver can collect damages from the at-fault driver's liability insurance. Under North Carolina law, interpolicy accrual only applies to “private non-fleet” passenger motor vehicle insurance, as described in N.
According to the MVSFRA, a vehicle is considered “underinsured” if the sum of the liability limits under all bodily injury liability insurance policies applicable at the time of the accident is lower than the limits of coverage for motorists who are underinsured for the vehicle involved in the collision and is insured under the landlord's policy.