South Carolina Property & Casualty Insurance License Exam — All Questions

What are South Carolina's minimum bodily-injury auto liability limits?

• a.$15,000 per person / $30,000 per accident
• b.$25,000 per person / $50,000 per accident✓
• c.$50,000 per person / $100,000 per accident
• d.$30,000 per person / $60,000 per accident

Under South Carolina Code Section 38-77-140, the minimum motor-vehicle bodily-injury limits are $25,000 per person and $50,000 per accident (confirmed at scstatehouse.gov). Because minimums can change, verify the current limits with the South Carolina Department of Insurance.

What is South Carolina's minimum property-damage liability limit for an auto policy?

• a.$25,000 per accident✓
• b.$10,000 per accident
• c.$5,000 per accident
• d.$50,000 per accident

South Carolina Code Section 38-77-140 sets the minimum property-damage liability limit at $25,000 per accident, alongside the 25/50 bodily-injury minimums, for the 25/50/25 requirement. These are statutory minimums that can change; confirm current figures with the South Carolina Department of Insurance.

Which coverage does South Carolina distinctively REQUIRE on a personal auto policy, in addition to liability?

• a.Personal injury protection (PIP)
• b.Uninsured motorist (UM) coverage at least at the minimum liability limits✓
• c.Collision coverage
• d.Gap coverage

South Carolina requires uninsured motorist (UM) coverage on personal auto policies at least at the state minimum liability limits (Code Section 38-77-150). South Carolina is a tort state and does not mandate no-fault PIP. Verify the current UM terms with the South Carolina Department of Insurance.

How is South Carolina's auto insurance system best characterized with respect to the right to sue?

• a.A no-fault state that restricts auto injury lawsuits
• b.A verbal-threshold no-fault state
• c.A tort ('at-fault') state in which the injured party keeps the right to sue the at-fault driver✓
• d.A state with no financial-responsibility requirement

South Carolina is a tort, or at-fault, state: it is not on the Insurance Information Institute's list of no-fault states, so an injured person keeps the right to sue the at-fault driver for damages. Compulsory liability and mandatory uninsured motorist coverage still apply. Confirm current requirements with the South Carolina Department of Insurance.