What is the required coverage cost for bodily injury or death of two people?

What is the required coverage cost for bodily injury or death of two people?

• A. $15,000
• B. $25,000
• C. $30,000
• D. $50,000

Answer: (C)

The required coverage cost for bodily injury or death of two people is correctly identified as $30,000. This amount is established to ensure that in the event of an accident, there are sufficient funds available to cover medical expenses, lost wages, and other damages that may be incurred by the injured parties. In South Carolina, the minimum liability coverage for bodily injury is structured such that it covers a per person limit and a total for all injured parties in a single accident. The structure generally reflects that the $30,000 total is designed for two individuals, meaning each person can receive up to $15,000 in coverage. This requirement encourages drivers to have adequate insurance to protect themselves and others on the road. Understanding these minimums is crucial for drivers to maintain legal compliance and ensure financial responsibility in the event of an accident.

The required coverage cost for bodily injury or death of two people is correctly identified as $30,000. This amount is established to ensure that in the event of an accident, there are sufficient funds available to cover medical expenses, lost wages, and other damages that may be incurred by the injured parties. In South Carolina, the minimum liability coverage for bodily injury is structured such that it covers a per person limit and a total for all injured parties in a single accident.

The structure generally reflects that the $30,000 total is designed for two individuals, meaning each person can receive up to $15,000 in coverage. This requirement encourages drivers to have adequate insurance to protect themselves and others on the road. Understanding these minimums is crucial for drivers to maintain legal compliance and ensure financial responsibility in the event of an accident.