New Insurance Requirements For Parking
“No permit to park shall be issued until the student requesting the permit provides the name of the insurer, the policy number under which the student has financial responsibility, and the student certifies that the motor vehicle is insured at the levels set in G.S. 20-279.1(11) or higher. This subsection applies to motor vehicles that are registered in other states as well as motor vehicles that are registered in this State pursuant to Chapter 20 of the General Statutes.”
A new law went into effect January 1, 2002 requiring Parking Services to have students certify that their vehicles have the minimum insurance coverage to North Carolina statutes 20-279.1(11). It simply requires that the permit applicant provide the insurance company name, policy number and certify that the coverage meets those minimum standards.
The levels set by G.S/ 20-279.1(11) state it is the proof of ability to respond in damages for liability in the amount of:
- $30,000 because of bodily injury to or death on one person in any one accident and subject to said limit for one person.
- $60,000 because of bodily injury to or death of two or more persons in any one accident.
- $25,000 because of injury to or destruction of property of others in any one accident.
To prevent you from being denied a parking permit, bring your current insurance card or a copy of your policy to Parking Services. This new law applies to all permits including temporary permits and every vehicle regardless of the state it is registered in. Being prepared with this information is the best way to insure the highest service Parking Services can provide.