Minimum Limits Insurance

I have started telling most all of my clients to bump their liability and uninsured/underinsured policy limits on their vehicles.  Currently, individuals are only required to have $25,000 in liability insurance.  From a practical standpoint, any major accident results in the policy limit being paid.   This is all many people have.  For a few hundred dollars extra a year, an individual can get several hundred thousand in coverage.  Unfortunately, I have been dealing recently with several cases with several hundred thousand in medical bills on clients with no additional coverage to receive.  Even with health insurance, the uncovered medicals alone will put many close to bankruptcy.   This is why having uninsured/underinsured coverage is so important.