Bill > S298

This bill introduces new requirements for inexperienced drivers regarding continuous liability insurance coverage. Specifically, the bill mandates that individuals subject to an "inexperienced operator premium surcharge" (a higher insurance rate for less experienced drivers) must maintain a liability insurance policy that includes the required premium surcharge while operating a motor vehicle. The bill amends existing North Carolina law to require insurers to notify the Division of Motor Vehicles when an inexperienced driver is added or removed from an insurance policy, and expands the Division's record-keeping responsibilities to track these specific drivers. The legislation gives insurers and the Division new obligations to monitor and report on the continuous insurance coverage of inexperienced drivers, with the goal of ensuring that these drivers maintain appropriate financial responsibility while driving. Insurers must now explicitly notify the Division when changes occur to an inexperienced driver's insurance policy, and the Division must update its records accordingly. The new provisions will take effect on October 1, 2025, giving insurance companies and the DMV time to prepare for the new reporting requirements.

https://www.ncleg.gov/BillLookUp/2025/S298