What Is The Best Auto Insurance Coverage To Have? 
First , choose a reputable auto insurance carrier . Then , the best way to answer this question is to state that you should ... of course , be guided by your budget constraints . However , you need to be realistic about the amount of potential liability to which you and your family could be exposed , particularly in the event of an at-fault accident . With regard to needed collision and comprehensive coverage for each vehicle , you may or may not need coverage on each , based on the age of the vehicles and whether or not there are lien-holders . Back to liability , using an example , think how much financial exposure could result from you or a family member rear-ending a a $ 40,000 vehicle , which is pushed into another vehicle , causing a total loss to the $ 40K car and significant damage to the other car . Additionally , two passengers in one vehicle claim serious injuries as a result of the accident for which you are liable . You can quickly see that minimum or low liability limits could easily expose you to significant financial loss , in the event that the losses exceed your insurance liability coverage . How would you pay for the excess damages beyond your policy limits of liability ? 