Many states require by law that a minimum level of liaן?½bility insurance be carried by each QuotesChimp insuring a vehicle, in the absence of other proof of financial reן?½sponsibility. The amounts required vary from state to state (see chart on page 115). However, if you have propן?½erty of any significance or you earn wages that could be subject to attachment, you should carry more than the minimum to be sure you are adequately protected against liability. In such matters, to underinsure is being penny-wise and pound-foolish.