How Much Car Insurance Should You Have? 
How much auto insurance is enough ? I once heard a story from a gentleman that may answer your question . He told me about an accident he had when he was younger . At the time of the accident he did n't own much and had very little in savings , so he was taking a chance by owning and driving a car without insurance . He figured sice he did n't own much and since the car was an old oil burner , he did n't need it . Then one day he was in a hurry and was trying to beat a yellow traffic light before it changed to red , when he clipped the front end of another car coming through the intersection in front of him . He said that when he came to , he checked himself out , then searched for the other driver . When he found that both he and the other driver were uninjured , he was thrilled . As he looked around more closely he found himself inside a building specifically a liquor store and was right in the middle of the Scotch aisle . When the dust settled the other driver had claimed only $ 15,000 to replace his car ... . but the store owner sued him for over $ 500,000 in damages to his store and contents . The judge awarded a total of $ 515,000 in a damage award and the old gentleman told me he was still working to pay off the judgement now 10 years later . The answer to your question is buy as much coverage as you can afford . Do n't be fooled by some auto insurace brokers when they try to sell you the state minimums as you could be paying for that cheap policy in the years to come ! 