South carolina financial responsibility 2026

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  1. Click ‘Get Form’ to open the South Carolina Financial Responsibility Installment Agreement in the editor.
  2. Begin by entering the Accident/Collision Case Number and Judgment Case Number at the top of the form. This information is crucial for identifying your case.
  3. Fill in the Date of Collision and Location/County where the incident occurred. Accurate details help in processing your agreement efficiently.
  4. In the section labeled 'Drivers Involved', clearly state your agreement to settle claims for damages or personal injuries, specifying the total sum you agree to pay and the payment terms.
  5. Indicate the amount of each installment payment and when the first payment is due. Ensure these figures are accurate to avoid any future disputes.
  6. Both parties must sign and date the agreement, confirming acceptance of its terms. Include driver’s license numbers and dates of birth for identification purposes.
  7. If court approval is necessary, ensure that a judge completes and signs the designated section on page two after reviewing your agreement.

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Every legal driver is required to have evidence of financial responsibility (insurance).
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. What is liability insurance? You can learn more about that here.
Bodily injury liability insurance protects you against the claims of other people who are injured in an accident for which you were at fault. South Carolina requires you to carry a minimum of $25,000 per person for bodily injury and $50,000 for all persons injured in one accident.
South Carolina is a tort liability state, which means the not-at-fault person can pursue a claim against the at-fault party. South Carolina is also comparative negligence, which means you can be barred from collecting for the percentage you contributed to the accident.
No. When it comes to car insurance, South Carolina follows a fault-based system. Basically, that means the driver who caused the crash is considered to be at fault for what happened. As such, their auto insurance company is expected to pay for damages.

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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.

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