What is the average liability limit recommended for personal auto insurance?

The recommended average liability limit for personal auto insurance is generally $100,000 per person and $300,000 per accident. This level of coverage is considered sufficient to protect against financial loss resulting from bodily injury and property damage claims that may arise from an auto accident. It offers a blend of adequate protection while remaining reasonably affordable for many drivers.

Having a liability limit of $100,000 per person ensures that if an insured driver is at fault in an accident that injures someone else, they can cover substantial medical expenses that might arise. The limit of $300,000 per accident ensures coverage for multiple injuries or damages to different parties involved in the same accident. This amount reflects common scenarios and the rising costs of medical care and vehicle repairs, thus providing a balanced approach to insuring against potential liabilities.

Higher limits, like $250,000 per person and $500,000 per accident or even $1,000,000 per accident, may offer more protection but might not be necessary for every individual depending on their personal situation and risk exposure. However, $100,000 and $300,000 are seen as typical recommendations, focusing on adequate coverage without placing an overwhelming financial burden on policyholders.