How Much Car Insurance Should I Buy?

  1. 150 POINTS
    Paul Nelson
    Owner, Paul Nelson Insurance Services, Santa Cruz, CA
    You should carry enough liability coverage to mirror your assets and future earning potential. In an injury settlement, most of your assets other than retirement account (unless you're drawing from them already) can be used to satisfy a judgment. The U.S. Dept. of Transportation estimates the average cost of a fatality at over $2mil.
    Answered on June 11, 2013
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