Who is going to pay my damages?

Almost always, the wrongdoer does not have sufficient funds of his own to make payments, unless it's a big company. So in the usual case where an individual is involved, we are looking to the insurance company.

How much insurance does a person have to carry? If a policy is written after July 1, 2000, the amount of insurance that is required to carried in North Carolina is $30,000 per person or $60,000 dollars per accident. Now what that means, is that if there are five people involved in a single accident, the total amount that all five of them could be paid as a group is $60,000, and the most an individual person could collect would be $30,000.