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The minimum requirement for liability insurance in North Carolina is:

A. 5-10-15
B. 50-100-50
C. 30-60-25
D. 100-300-100

Answer :

Final answer:

The minimum requirement for liability insurance in North Carolina is 30-60-25. These figures are the maximum amounts an insurer will pay for individual injuries, total injuries, and property damage per accident. Insurance helps protect drivers from the financial impacts of accidents.

Explanation:

The minimum requirement for liability insurance in North Carolina is C. 30-60-25. This refers to the legal minimums of liability coverage enforced by the state in case of a car accident. The numbers represent, in thousands of dollars, the maximum amount that the insurer will pay for bodily injury per person, bodily injury per accident, and property damage per accident. Let's take the provided automobile insurance example. In this scenario, the total damage from car accidents for 100 drivers is $186,000. Assuming everyone carries the minimum required liability insurance, the insurance companies will be responsible for these costs, protecting the drivers from dire financial consequences.

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