1. The minimum insurance limits allowed by law are sufficient coverages for you to drive around with.
This is a dangerous myth. The minimum insurance limits required by law provide a small amount of coverage for others, and has almost no coverage to protect you or your vehicle. Proper coverage limits for today’s litigious society include liability limits at $250,000 per person/$500,000 per accident, $250,000 in property damage, and $25,000 in medical payments. If your vehicle is ten years old or newer then collision with a $500 deductible and comprehensive with