Your auto insurance policy should protect your assets and finances, but the exact amount required to cover your insurance needs will be different for everyone. Consider the potential costs of an at-fault accident, the value of your current assets and your future income potential when selecting your liability limits. For most drivers, state minimum limits won’t cover an accident with serious injuries or damage to a high-value vehicle. People who own property, stocks or businesses may want to inquire about additional coverage with an umbrella policy. Work with your insurance agent to understand the best limits for your situation.