Will my premiums skyrocket if I increase my liability insurance coverage?

I currently have more coverage than the liability insurance requirement in my state, but I want more peace of mind by increasing my coverage limits. Will this cause my rates to skyrocket?

Apr 22, 2021
Answer provided by
Eric Schad
Answered at Apr 22, 2021
“Since you have more coverage than the state minimum, you have some degree of security. However, increasing your limits to protect yourself from lawsuits or avoid paying out of pocket is never a bad idea.
The good news is that your monthly liability insurance shouldn’t increase too much if you push your limits to 250/500/250, or even into the millions. At most, you can reasonably expect to pay a few bucks more, or up to about $30 a month. But that’s a small price to pay considering an accident could cost you tens of thousands of dollars.
When you shop for car insurance quotes online, play around with the different coverages to find the ideal coverage at the perfect price.”
Car Insurance

Did this answer help you?

Ask us a question by email and we will respond within a few days.

Have a different question?

You can meet us at our office and discuss the details of your question.

Easiest way to compare and buy car insurance

No long forms
No spam or unwanted phone calls
Quotes from top insurance companies