Motorists on the road are required to have insurance that meets or exceeds the state's requirements for this coverage. Sadly, many motorists opt to drive without having adequate insurance coverage. Some of these individuals think that they are doing their finances a favor by saving a little bit of money on premiums. However, they are risking financial ruin.
On your insurance policy, you might have coverage for uninsured or underinsured motorists. This is important if you do end up getting struck by a motorist who didn't bother with insurance or who just stuck to the state minimum coverage. In both of these cases, you might find that the coverage or lack of coverage is insufficient for paying your bills related to the accident.
When some people buy a car insurance policy, they aren't always looking at the coverage amounts they are getting. Many only want a policy that is cheap and meets the minimum requirements of the state. However, this minimal coverage isn't always suitable for serious crashes.