As you know, licensed drivers in South Carolina cannot legally drive unless
the vehicle they are driving has automobile insurance coverage. According to the
South Carolina Department of Insurance, “All forms of insurance provide protection to consumers by covering
certain risks and promising to pay for financial losses caused by these
Across the country, auto insurance is one of the most-used types of insurance
on the market, hands down. This is because in all states, it’s illegal
to drive on a public road unless a vehicle is insured according to state
law. In South Carolina, drivers are required to purchase uninsured motorist
coverage and liability insurance.
In South Carolina, auto insurance is categorized into liability and physical damage:
Liability Coverage: An auto liability insurance policy is broken down into three parts: 1)
liability for bodily injury, 2) liability for property damage, and 3)
uninsured/underinsured motorist coverage.
What does bodily injury liability do? If you cause an accident, it protects
you from being sued by parties who were injured in the accident. Under
South Carolina law, drivers are required to carry a
minimum of $25,000 of bodily injury per a person and
$50,000 for all parties injured in the accident.
If you cause property damage, property damage liability insurance would
kick in and protect you. This coverage is not limited to vehicles you
may have damaged, it includes other property, such as walls, fences, and
buildings. In South Carolina, drivers are required by law to carry a
minimum $25,000 of insurance for property damage in a single accident.
Uninsured Motorist Coverage: Uninsured motorist coverage protects you in the event you are struck by
a hit-and-run driver, or if you’re struck by an underinsured or
an uninsured motorist. While this type of coverage is not mandatory, insurance
companies are legally required to offer it. We highly recommend purchasing
as much UIM coverage as you can afford.
Physical Damage: Another type of “optional” insurance is physical damage coverage.
Think collision and comprehensive coverage. Collision for example, covers
the cost of physical damage to your car if it collides with an object,
such as another car, a wall, or a tree. Comprehensive covers damage to
your vehicle due to other causes, such as a fire, theft, hitting an animal,
a falling object, or flooding etc.
“While not required by law, comprehensive and collision may be required
by your lender,” according to the Department of Insurance.
Looking for a Columbia
personal injury attorney to file a
car accident claim?
Contact us today to set up a free case evaluation with a member of our legal team.