The minimum limits for automobile insurance in the state of South Carolina are $25,000.00 per person for bodily injury, $50,000.00 for all persons per accident in bodily injury, and $25,000.00 per accident in property damage. (Current through the date of this blog post). Every driver must carry liability coverage for harm, or injury, they may
Underinsured
Bad Economy Leads More Drivers to Drop Insurance
By Trey Mills on
Posted in Automobile Insurance
M.P. McQueen of "The Wall Street Journal" reports that:
More drivers are letting their car insurance lapse because of the sour economy, putting themselves and others at risk……..
Ms. McQueen quoted Robert Hartwig, president of the Insurance Information Institute, as saying:
"A good proportion of people on the road are either uninsured
…