How Much Car Insurance Do Average People Need?

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How much car insurance you’ll need as an average driver depends on several factors. At minimum, though, you’ll probably need basic property damage and personal injury coverage of a certain amount, such as $50,000 for property damage, and $25,000 in bodily injury liability. These amounts and specific rules vary state-by-state, so you’ll need to check with your state to determine how much coverage you’ll need to carry.

For a good, safe driver, this type of online car insurance is relatively inexpensive. Keep in mind that this particular type of insurance does not cover your car in any way, only the injury and property damage to the other party in the event you are found at fault in an accident.

Now, onto your car itself. If you drive a new car or a relatively new car (within about two years old), you’ll most definitely want collision and comprehensive coverage on your car. This type of car insurance can be quite expensive, and again the amount depends on where you live and the type of car you drive. The amount of deductible you pay will also affect how much you’ll pay in premiums.