Penny Gusner is a senior insurance writer and analyst at Forbes Advisor. For more than 20 years, she has been helping consumers learn how insurance laws, data, trends, and coverages affect them. Penny ...

You're most likely required to have a minimum liability insurance policy for your car. However, choosing to invest in more coverage is up to you. Here's why.

Car insurance rates averaged $2,297 annually in early 2026, according to Experian, or about $191 per month. For full-coverage ...