<prompt> Human: Greetings rpersonalfinance,I have a dilemma. I am 25male in California with a 1999 Corolla and currently pay 143 per month for liability insurance. This includes higher end coverage of 100k 300k which was suggested from my Dad who knows little about this stuff, but just likes to cover his butt all the time. I am not the speed racer type and do drive safe, but obviously stuff happens and my car is older, so possibly more prone to accidents.I can change providers and get down to around 80 per month but that would be with the state minimum insurance. What do you all think I should do?I have almost no assets aside from cash and investment accounts.Thanks!  <response>: You definitely shouldnt have the bare minimum insurance if you can avoid it. Especially if you have other assets, insurance protects them as well, as you wont lose them to pay a judgement. 