There is no single coverage amount that is right for every driver. Start with your state’s legal requirements, then consider whether those minimums would adequately protect your finances after a serious accident.
Drivers often consider higher liability limits when they have income, savings or other assets they want to protect. If a vehicle is financed or leased, the lender or lessor may require collision and comprehensive coverage.
Also review deductibles. A higher deductible can reduce premium but means you may pay more out of pocket after a covered loss. Choose a deductible you could realistically afford. For personalized advice, consult a licensed insurance professional in your state.
Educational information only. Insurance products, requirements and policy terms vary. Verify current details with the insurer, a licensed professional or your state regulator.