Bill > H53

This bill modifies the Safe Driver Incentive Plan (SDIP) by increasing the damage thresholds that determine the classification of at-fault accidents in North Carolina. Currently, a "major accident" is defined as an at-fault accident resulting in bodily injury or property damage of $3,850 or more; the bill raises this threshold to $5,975. Similarly, an "intermediate accident" is redefined from property damage between $2,300 and $3,850 to now mean property damage between $3,570 and $5,975. A "minor accident" is now defined as property damage of $3,570 or less, updated from the previous $2,300 threshold. These changes will impact how insurance companies assign surcharges and point values to drivers involved in accidents, potentially affecting insurance rates and driver classifications. The bill will become effective on October 1, 2025, and will apply to accidents occurring on or after that date, giving insurance companies and drivers time to prepare for the new accident classification system.

Budget and Finance, Business and Industry, Government Affairs, Justice

https://www.ncleg.gov/BillLookUp/2025/H53