10 Ways of Saving Money That Never Work for Anyone

BUYING MINIMAL CAR INSURANCE

Some people try to save money by purchasing the minimum amount of car insurance required by state law. The problem is that the minimum level of coverage may not be enough to cover your costs if you are involved in an accident that causes injuries or property damage.

If you are found to be legally responsible for a serious accident, you could be required to pay hundreds or thousands of dollars beyond the limits of your coverage. You’ll sleep better if you know that you have an adequate auto policy.