The deductible determines how much of the costs youll have to pay before your insurance company picks up the rest.

What should my car insurance limits be. State minimums dont provide enough coverage for most people to ensure they are protected in case of an accident. With insurance costs going up many people are increasing their deductibles to 500 on comprehensive and 1000 on collision. Most experts recommend a limit of at least 100000300000 but that may not be enough.

To keep things simple it is recommended to keep the same deductibles on all your vehicles. What level of insurance should I get for my car. 25000 of bodily injury coverage per person injured in an accident 50000 of total bodily injury coverage per.

In Ohio for example the states minimum insurance requirements include 25000 for the injury or death of one person 50000 for the injury or death of two or more people and 25000 for. You should carry the highest amount of liability coverage you can afford with 100300100 being the best coverage level for most drivers. Say your state requires you to carry 15000 in property damage liability coverage and you cause an accident that results in 35000 worth of damage.

In fact most auto insurance policies come with deductibles that range from 500 to 2000 though some policies offer deductibles as low as 250. If you have a million-dollar house you could lose it in a lawsuit if your insurance coverage is insufficient. 52 rows The short answer is that you NEED the minimum amount of car insurance.

A car insurance premium is simply the dollar amount you pay for. The deductible is the portion of the damages youll have to pay before your coverage kicks in. If your liability limits are for 255025 this correlates to.

52 rows Your car insurance company might not allow liability limits high enough to cover. Insurance experts generally recommended that you purchase 100300 limits of bodily injury liability meaning 100000 for one person in an accident and 300000 for. Collision insurance comes with a deductible and a maximum limit.