Think of others
One of the biggest reasons why my life is in such a mess is because the lady who caused the traffic accident I was in over two years ago didn’t have enough on her car insurance limits to pay for my medical expenses. That doesn’t even begin to touch the lost income, either! Naturally we had under-insurance coverage on our own auto insurance policies, but even that isn’t enough to pay for my medical expenses.
I’m all for people trying to get cheap car insurance as a way to save money, but I think that the best way to do that is by increasing the deductible, not decreasing the liability! If you are checking around for cheap auto insurance, please think of the other people who you may accidentally injure and get a policy with decent liability. Only having $25,000 is not enough. I know that is legal to have that low, but it shouldn’t be!