Automobile loss notice - South Carolina Insurance Reserve Fund - irf sc: Fill out & sign online

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Does insurance follow the car or driver in South Carolina?

When you borrow someone elses car and get into a crash, the liability insurance follows the vehicle. The owners insurance policy will provide primary coverage for any third-party losses resulting from the accident, meeting any medical or property damages up to the policy limits.

Is there a grace period for car insurance in South Carolina?

The South Carolina new-car insurance grace period is 7 to 30 days in most cases. The new-car grace period is how long insured drivers are allowed to drive a newly purchased vehicle before adding it to an existing car insurance policy.

What is the South Carolina insurance Reserve Fund?

The S.C. Insurance Reserve Fund (IRF) provides property and liability coverage to more than 1,000 state and local government entities in South Carolina. The reports below provide details on payments made by the IRF, including the amounts and reasons for the payments in claims and cases that have been concluded.

What are the auto insurance laws in South Carolina?

What auto insurance coverage is required in SC? Answer: Drivers are required to carry liability and uninsured motorist coverage with the following limits: $25,000 Bodily Injury Per Person / $50,000 Bodily Injury Per Accident / $25,000 Property Damage Per Accident.