What is a good amount of car insurance to carry?

My insurance is renewing next month and I'd like to change my coverages. I think I may be underinsured, but I'm not sure. What is a good amount of insurance to carry?

Answer
“When looking at your car insurance coverage, remember one thing: you can never be over insured.
Most experts recommend carrying the highest amount of coverage you can afford. A good starting point is $100,000/$300,000 for bodily injury liability and property damage liability.
However, if you can afford to carry higher coverage limits, you should consider doing so. Insurance limits can be exhausted quickly in an accident, so having enough coverage to protect yourself and your assets is important.
You’ll also want to consider the value of your vehicle and whether you can afford to replace it if marked a total loss. If you can’t, you should also consider adding both collision insurance and comprehensive insurance.
You should also shop around. If you want cheap car insurance quotes fast, go to Jerry. As a licensed broker that offers end-to-end support, the free Jerry app gathers affordable quotes, helps you switch plans, and even cancels your old policy for you.”
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Emily Maracle
Answered on Aug 19, 2021
Emily Maracle is a car insurance specialist living in New York. Originally from the Pacific Northwest, she has a degree in English Literature and a background in customer service. She enjoys cooking, gardening, and living sustainably. In the future, she can't wait to upgrade to a hybrid or electric car.
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