How Much Car Insurance Do I Need? Reddit Weighs In

When it comes to car insurance, it can be difficult to know how much coverage you need. Many people don’t want to buy more coverage than they need, but also want to make sure they are properly protected in case of an accident. To get an idea of how much car insurance you should buy, many people turn to Reddit for advice. Let’s take a look at some of the answers Redditors have given when asked how much car insurance they need.

Liability Coverage

The most common advice Redditors gave was to make sure you have the minimum liability coverage required by law. This type of coverage pays for the damages you cause to another person’s property in an accident. It won’t cover any damage to your own property, but it will protect you from being sued if you are at fault for an accident. The exact amount of coverage you need varies from state to state, but many states require drivers to have a minimum of $25,000 per person and $50,000 per accident.

Uninsured/Underinsured Motorist Coverage

In addition to liability coverage, many Redditors suggest you get uninsured/underinsured motorist coverage. This type of coverage kicks in if you are hit by another driver who doesn’t have enough insurance to cover your injuries or damage to your vehicle. It also covers you in case of a hit-and-run accident. This type of coverage is usually only available in states where it is required by law, but it is a good idea to have it even if it is not required.

Collision Coverage

Collision coverage is not required by law, but it can be a good idea to have it if you have a loan on your car or if the value of your car is high. Collision coverage pays for damages to your car if you are in an accident, regardless of who is at fault. It can help you avoid having to pay out of pocket for costly repairs. The amount of coverage you need will depend on the value of your car and how much you can afford to pay out of pocket.

Comprehensive Coverage

Comprehensive coverage is also not required by law, but it is a good idea to have if your car is valuable. This type of coverage pays for damages to your car from non-accident causes, such as vandalism, theft, fire, or flooding. It can help you avoid having to pay out of pocket for expensive repairs. The amount of coverage you need will depend on the value of your car.

How Much Coverage Is Enough?

The amount of coverage you need will depend on your budget and the value of your car. Many Redditors suggest that you buy at least the minimum liability coverage required by law, and then purchase additional coverage if you can afford it. Every driver’s situation is different, so it’s important to talk to your insurance agent to make sure you are properly covered.