It's clear that many people don't understand the risks associated with buying minimum auto insurance limits. Too many falsely believe being legal will protect them when in fact being legal may satisfy the law in your state but may not be a sufficient amount to pay the amount of bodily injury or property damage that you maybe responsible for in the event that you are involved in an accident and are at fault.
Each personshopping for auto insurance need to consider the following when choosing liability limits when comparing auto insurance rates: (1) the cost of an emergency room visit not to mention the cost of ongoing medical care and the cost of lost wages if you cause bodily injury to one or more people in the vehicle you hit. These costs could easily exceed a $50,000 or more very quickly. (2) the cost of the average new vehicle on the road today. If you hit a new SUV you are looking at $30,000 or more.
It only takes a second, the blink of an eye, etc to create a legal liability exceeding $100,000. Although saving money on car insurance is a concern we can't ignore the potential of owing hundreds of thousands of dollars for the sake of saving twenty or thirty dollars a month.
Take the time to compare: not just auto insurance prices but also auto insurance coverages. There are too many agents and companies who are too quick to sell you the minimum limits when for a few dollars more a month you could purchase an amount that would better protect you and greatly decrease your risk of not having enough coverage to pay the total damages that you would legally liable to pay.