Remember that if you do not have assets, you do not need extra coverage unless you have a car loan or lease. If your area has a high risk of vehicle vandalism and theftĮdmunds recommends that most drivers purchase at least $25,000 in liability for property damage, $50,000 per person for bodily injury liability, and $100,000 per accident for total bodily injury liability.If you live in a location with frequent extreme weather.Other factors to consider when setting your coverage amounts include: An accident causing major injuries can cause significant out-of-pocket liability if the costs exceed your insurance policy. However, most people should buy more than the minimum coverage if they can afford to do so. Most states require only liability coverage, which pays the property damage and injury costs of others if you cause an accident.
Check Your State Minimumsįirst, research the minimum coverage laws in your state. Use this guide to compare quotes and make sure you get the coverage you need at an affordable rate. When you shop for car insurance, the process can seem overwhelming.
