Buying auto insurance can be a confusing task to undertake for those unfamiliar with the insurance industry.Many people choose the minimum liability limits required because it leads to the least amount of premium paid out.However, I’m here to tell you why you should at least consider buying higher limits than you are legally required to purchase.In Pennsylvania, the state that I am licensed to sell insurance, the minimum liability limits are $15,000 for bodily injury per accident, $30,000 for bodily injury aggregate per year, and $5,000 for property damage.This means that in the event of an at fault accident, the insured would only have up to $15,000 to pay out for the pain & suffering, medical bills, and loss of income of the claimant.If the insured was involved in two or even three accidents in the same year, he/she w hr support for small businesses ould only have up to $30,000 to cover all of the expenses from all of the accidents.Finally, property damage would pay for the damage down to the vehicle that the insured hit, so only $5,000 would be available for that under the minimum requirements.These liability limits might be enough to cover a minor fender bender, but just think of what would happen if you had minimum liability limits and were involved in an accident with a lawyer who earned $150,000 per year and was driving a BMW at the time of the loss.To make matters even worse, say the lawyer was injured to the extent of being in a coma for two months and his vehicle was completely totaled.In this case, you would be responsible for the lawyer’s medical bills, loss of income, and lawsuits due to pain & suffering that he/she underwent as a result of the accident.