Understanding South Carolina’s car insurance laws is crucial for everyone on the road. Specific regulations govern the minimum coverage required, the state’s fault system, penalties for non-compliance, and timelines for securing insurance after purchasing a vehicle. Here’s a comprehensive guide to help you stay informed and compliant.
Is Uninsured and Underinsured Motorist Coverage Required in South Carolina?
South Carolina law mandates that all drivers carry uninsured motorist (UM) coverage, but underinsured motorist (UIM) coverage is not required.
The required minimum limits in SC are:
- $25,000 for bodily injury per person
- $50,000 for bodily injury per accident
- $25,000 for property damage per accident
- $25,000 in UM coverage per person and $50,000 per accident
While UIM coverage is not required in SC, insurance providers must offer it to drivers.
Is South Carolina a No-Fault or At-Fault State?
South Carolina operates under an at-fault (tort) system. If you’re involved in an accident, the driver who caused the collision is legally responsible for the resulting damages. This is different from Florida and many other states. Victims can seek compensation from the at-fault driver’s insurance company or, if necessary, through a personal injury lawsuit.
Penalties for Not Having Car Insurance in South Carolina
Driving without insurance in South Carolina carries significant penalties, including:
- Fines: Drivers may face penalties for operating a vehicle without insurance.
- License and Registration Suspension: The South Carolina Department of Motor Vehicles (SCDMV) can suspend your driver’s license and vehicle registration.
- Uninsured Motorist Fee: If you choose to drive uninsured, you must pay the SCDMV a $600 uninsured motorist fee. However, this fee does not provide financial protection in the event of an accident.
How Long Do You Have to Get Insurance After Buying a Car in South Carolina?
After purchasing a vehicle, getting car insurance right away is essential. Most car insurance companies offer a grace period, typically seven to 30 days, during which your new vehicle is automatically covered under your existing policy. However, this grace period can vary, so contacting your insurance provider immediately after acquiring a new car is advisable to ensure continuous coverage.
Speak With An Attorney at Grimes Teich Anderson for Free
Adhering to South Carolina’s car insurance requirements is a legal obligation and a critical step in protecting yourself and others on the road. Remember to maintain the minimum required coverage, understand the state’s at-fault system, and promptly secure insurance when purchasing a new vehicle and consider consulting with a knowledgeable attorney or insurance professional for personalized advice or assistance.
If you or a loved one has been injured in a car accident due to negligence, our trusted personal injury attorneys at Grimes Teich Anderson are on your side. We’ll tirelessly protect your legal rights and stand up to insurance companies while you focus on healing.
Contact us today by submitting a form online or calling our office at [phone] for a free legal consultation.