Explore why North Carolina's minimum auto liability limits may fall short for drivers, especially when financing vehicles or protecting assets. Learn key insurance risk management insights.

North Carolina updated auto insurance laws in 2025, increasing minimum liability limits, expanding underinsured motorist coverage, and extending surcharge periods, impacting premiums and underwriting.

A proposed 23% increase in auto insurance rates in North Carolina is slated for a hearing on September 22, 2023, amid rising vehicle costs and new liability regulations.