<prompt> Human: My insurance policy isnt something I generally pay much attention to. Recently, I had a look and noticed that I had 50,000 in bodily injury, 100,000 for all injured parties, 50,000 property damage. I have uninsured motorist to 50,000. It got me to thinking, while I am by no means rich, I have accumulated more than 100,000 in total savings. One mistake, one serious accident, a multi-car accident perhaps, and that 100,000 limit will be met very quickly, and then Im personally liable. Do you pick your liability coverage to represent some percentage of your total net worth? Or suppose that the chances of you causing an accident causing more than x in damage is almost nill, therefore chose y as your limit.It has me a little paranoid, and Im thinking I should at least double my coverage in all regards.  <response>: The other commenters have done well with this question. I just want to add two points:1. A few data points about possible liabilities. I saw a CLUE report for a small, 3 car accident collision probably at 15mph; the total payout was in the 120k range. My three minor accidents not-at-fault, and on one occasion not even the driver, all under 10mph have all settled to me only; sometimes other passengers were involved and settled separately in the 20k-50k range excluding property damage. A helicopter ride and landing fee can easily exceed 200k. A day in the ICU costs 5-6 figures.2. Your largest risk is not that you become liable for an accident well in excess of your insurance limits, because that will just make you a wage slave the rest of your life. Bankruptcy may also apply. Your largest risk is that you or an uninsured driver makes you massively disabled. If you do that, no insurance covers beyond medpay, or long-term disability, which is an orthogonal coverage. If an ununderinsured driver does that, youll get 50k as things stand. 