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Definition of “Eligible Risk” - “Eligible Risk” means that you may legally obtain automobile insurance for a “non-fleet private passenger motor vehicle in the state of North Carolina because at least one of the above classifications applies to you. It does not mean that you currently have automobile insurance.

Buying a Car If you purchase a used car from a private party, you will have to take a trip to your local Vehicle License Plate Renewal Office and bring a completed Title Application, Damage Disclosure Statement, lien release information (if relevant), driver's license, and money to cover fees.

Certificate of Repossession. MVR-4. Application for Duplicate Title. MVR-4A. Application for a Duplicate Salvage Certificate of Title.

North Carolina Motor Vehicle Law requires that Automobile Liability coverage be continuously maintained. The minimum coverage requirements are $30,000 Bodily Injury for each person, $60,000 total Bodily Injury for all persons in an accident and $25,000 for Property Damage.

Vehicle Registration in North Carolina Your North Carolina drivers license. Proof of car insurance. A notarized vehicle title. A Title Application form, completed by all owners of the vehicle. A Declaration of Eligible Risk, also completed by all owners of the vehicle. A license plate fee, plus any extra taxes.

If you don't have a license, there is no need to have car insurance since you legally cannot be behind the wheel of a car anyway. Additionally, if you have a license but never drive, you have no need for car insurance.

Title Application (MVR-1) – Motor Vehicles Government Form in North Carolina – Formalu.

This information includes the: Buyer and recipient's name and address. Date of sale or date of delivery. Seller's signature and hand-printed name. Odometer reading (if required) Damage disclosure statement.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232