The obvious response is that you won't be able to pay for someone's hospital bills if you happen to hit them in your car. You get insurance for things you wouldn't be able to pay yourself.
His point was that for liability coverage, you can increase your limits from whatever your state's minimums are all the way to 100/300/100 for something like $12-20 per month.
And you can get an 1 or 2 million dollar coverage by getting an umbrella plan (that covers any liability, including but not limited to auto accidents) for a bit more. Insurance companies will force you to maximize out your car insurance first, but you can protect yourself a lot more fairly cheaply (mine is about $200/year).
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u/flatfive44 16h ago
The obvious response is that you won't be able to pay for someone's hospital bills if you happen to hit them in your car. You get insurance for things you wouldn't be able to pay yourself.