Do I need more than the state minimum of car insurance?

Myth: I only need the minimum amount of mandated insurance

It is best to not automatically choose the minimum amount of insurance before looking at all factors.

Myth:
I will have enough car insurance by getting the minimum amount of coverage as mandated by the state.

Fact:
The minimum requirements will not protect you from lawsuits resulting from accidents that are your fault. If you cause more property damage or extensive injuries than your policy covers, you can be sued and determined liable to pay the bills. It’s best to have as much auto insurance coverage as you can reasonably afford.