How Much Automobile Coverage Should I Carry?
Many people carry minimum limits ($20,000/$40,000) because they erroneously believe that the premium cost of higher coverage would be substantial. This is generally not true. We strongly recommend that you carry coverage of at least $300,000. Ask your insurance agent the cost of premium for $20,000/$40,000 coverage and the costs for higher coverage limits. The increased liability and uninsured/underinsured coverage is well worth the modest additional premium. We have represented numerous clients who have sustained serious injury due to the negligence of a driver who has little or no insurance. Sadly, they learn too late that for a slightly additional premium payment they could have had significant additional liability and uninsured/underinsured coverage. If you have further questions, please contact us.