In South Carolina, liability coverage, as defined by the South Carolina Department of Insurance, encompasses three distinct categories and coverage: (1) liability insurance for bodily injury at a level of $25,000 per person and $50,000 for all persons injured in one accident, (2) liability insurance for property damage, and (3) uninsured/underinsured motorist coverage.
The first component of liability coverage protects you against claims from persons who are injured in an accident in which you were deemed to be at-fault. The second component of liability coverage protects you against claims from other persons whose property was damaged as the result of an accident in which you were deemed to be at-fault. The third component of the liability coverage mandated by the State of South Carolina is uninsured motorist coverage, which covers you and your property in the event either suffers damage as the result of a hit-and-run driver or uninsured driver. However, as we discussed previously, maintaining the mandatory minimums for auto insurance coverage leaves you exposed to financial repercussions in the event of an insurance claim.
Please take a moment to learn more about the vast array of auto insurance coverages offered by Ingram Insurance and Real Estate in Cheraw, South Carolina. Our team of insurance industry professionals has the experience and expertise to exceed your expectations. To schedule your appointment today, call (843) 537-9386 and one of our friendly agents will be happy to assist you.