How Much Car Insurance Do You Really Need?

We've seen it time and time again in car insurance commercials about how much car insurance you should really be carrying. But one thing is for sure - car insurance companies still try and sell you on the biggest policy possible.
You may be wondering "how much car insurance do I really need?" and "what exactly am I paying for?" Because of this, we decided to put together the general rules for getting the cheapest car insurance and what you really need to know.
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First, you should always be aware of what your states minimum requirements are when referring to car insurance. Some states require you to have different types or thresholds of car insurance vs other states. When determining how much car insurance you need, make sure to have the value of your car covered at a minimum. You want to be fully covered for the value of your car.
So what exactly is included in car insurance coverage? Typically, these these are included in car insurance policies: liability, bodily injury, property damage, collission, and comprehensive.
What you will notice, is that not all policies are the same. For example, a lot of people like to have comprehensive insurance because it will cover your car and another car if you get in an accident. In comparison, if you only have liability insurance, it will only cover the other persons car in an accident.
Here's a few terms that you should be aware of:
Liability coverage: this will cover an accident that isnt your fault.
Bodily injury coverage: this covers any medical costs that are incurred from either party in an accident.
Collision coverage: this will cover the repairs of yoru car after you are in an accident
Property damage: this is the amount that will be covered for someone elses car if it is determined that you are the driver at fault for the accident.
Personal Injury: This is the amount that will be covered for medial expenses for anyone that is in your car after there is an accident.
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