There are several types of car insurance coverage in South Carolina. Each type covers different expenses, including repairs to your own vehicle and other people’s cars. Different types have different limits. The maximum payout will depend on the level of coverage you want. Comprehensive coverage, for example, pays for repairs if your car is totaled in an accident. The amount of coverage is typically limited to the cash value of your car at the time of the covered incident.
Bodily injury coverage is another type of car insurance coverage. It pays for medical expenses and repairs for other people and property that you damage in an accident. Bodily injury coverage limits are determined by state of South Carolina Department of Insurance. This type of coverage is required by law in South Carolina. This type of coverage will also provide legal defense if you are sued by another driver.
Comprehensive coverage covers damage to property other than your own. It pays for damages from storms, falling objects, explosions, earthquakes, vandalism, and hitting a deer. Comprehensive coverage is typically required by lenders when you have a loan on your car. If your vehicle is older or has little cash value, comprehensive insurance may not be worth the extra money.
When you get your car insurance, you must know the coverage you need. In South Carolina, you need liability insurance if you are at fault for an accident. It pays for damages if you hit another car or cause property damage to another person’s property. The minimum liability coverage in South Carolina is 25/50/25 as of 09/28/2022. The 25 in this scenario is the maximum amount that your insurer will pay for a single accident or claim.