HOW MUCH INSURANCE SHOULD I BUY?      You should purchase a "standard" automobile insurance policy. A standard policy will include bodily injury liability and uninsured motorist coverage of $15,000 per person/$30,000 per accident and property damage liability coverage of $5,000. Most people feel that insurance in the minimum amount is not adequate to protect their assets if a claim is made against them or to provide them with compensation if they are injured. In order to provide more protection, most people purchase liability, uninsured and underinsured motorist coverage in the amount of $100,000 per person/$300,000 per accident; however, some people purchase more coverage up to a single limit of up to $500,000. WARNING: PURCHASE A STANDARD AUTOMOBILE INSURANCE POLICY.      Also, you should purchase personal injury protection coverage with medical expenses of $250,000 per accident. WARNING: DO NOT PURCHASE PIP COVERAGE WITH MEDICAL EXPENSE BENEFITS LOWER THAN $250,000.      In addition, a standard policy includes Personal Injury Protection coverage with benefits for loss of income up to $100 a week; however, larger amounts of coverage are available up to $700.00 a week. If you are employed, you should increase your income continuation benefit to the amount of your weekly income.      You are not required to purchase collision or comprehensive coverage to pay for damage to your own car. Some people with older cars feel that it is not worth the cost for this type of insurance because they will not repair the car if it is damaged. Remember, however, if you do not purchase collision or comprehensive coverage, your insurance company will not pay any money to repair or replace your car.      If you purchase collision or comprehensive coverage, you will automatically receive a $750 deductible. You may decrease the deductible to reduce your personal risk but this option will increase the cost of your insurance. You may increase the deductible to reduce the cost, but this option will increase your personal risk in the event that you car is damaged.      The ownership of an automobile is a serious undertaking with serious risks and obligations. If you purchase a car, you must accept the responsibility to purchase an automobile insurance policy that will provide you adequate coverage if you are injured in an accident and that will protect your assets (now and in the future) if someone else is injured.  Choose your insurance wisely.