Good drivers may think that they are well protected if they limit their auto insurance liability coverage to the minimum level of protection required under the laws of the state where they live. While this strategy may mean they are legal, it may not provide them with enough protection if they are involved in an at-fault accident.
A person who has been considered a good driver for car insurance purposes can find that this designation can change in an instant. Even good drivers can be involved in an accident, and they need to have enough third party liability protection in place to pay for the damages they are responsible for causing in an at-fault accident.
No one expects to be involved in an accident, but all drivers should be prepared for that type of event by having adequate auto insurance coverage in place. Since liability coverage pays for injury claims made by the occupants of the other vehicle and the cost of health care continues to rise over time, drivers should make a point of reviewing their coverage at regular intervals to ensure that they have enough protection in place.
As a driver accumulates assets over time, the level of auto insurance liability protection that he or she has in place should also rise. A car insurance buyer does not want to be in the position of having to sell off assets to pay for a judgment following an accident.