The minimum limits of auto insurance liability coverages in South Carolina are limits of 25/50/25. This includes $25,000 bodily injury per person, $50,000 bodily injury per accident, $25,000 property damage per accident. There were lower minimum limits for SC auto insurance until the beginning of 2007.

A new law passed by the South Carolina General Assembly (Act 395) raised the minimum amounts of liability insurance coverage. This new law took effect January 1, 2007.

The previous limits were $15,000 of bodily injury coverage per person, $30,000 of bodily injury per accident and $10,000 of property damage coverage (15/30/10). The new law requires drivers to carry liability coverage in the minimum amounts of $25,000 of bodily injury per person, $50,000 of bodily injury per accident and $25,000 of property damage coverage (25/50/25).

In South Carolina, state law also requires that your policy include Uninsured Motorist (UM). Also, SC state law requires that insurance companies offer you the option of purchasing Underinsured Motorist (UIM) up to your limits of liability.

Listed above is the insurance types and minimum limits that the state of South Carolina requires of a motorist. Now when you are making loan payments and thus have a lien holder on your vehicle, that entity can require (and usually does) that you keep full coverage on the vehicle until it is paid off. The car is the lender's asset and collateral so the loan documents normally mandate that you keep liability as well as collision and comprehensive on the vehicle.

So it is the lender that determines or mandates the full coverage, not the state. Loan documents usually note what will happen if the proper insurance is not kept on the vehicle. For South Carolina car insurance for your car that you are paying off, you can get a low cost quote here with us.