Q. How much insurance do I need?

It is a good idea to have a minimum of 100/300/50, which means a maximum of $100,000 for any one person who is injured, a maximum or $300,000 for all the people who are injured, and $50,000 for damage to property. If you can afford 250/500/100, it is probably a good buy. For example, if you are the "at-fault" driver in an accident, and you cause someone to be paralyzed for life or even kill someone, $15,000 is not very much coverage. If you are involved in a three-car accident and total a new Lexus and an "almost" new Mercedes, $50,000 property damage coverage may not be enough. Also, get the same amount of Uninsured Motorist (UM) coverage as your Liability coverage. Consider getting an Umbrella Insurance Policy.