Evaluating your own auto insurance

Per Exhibit 11.3 on page 300 in your book, what are the minimum auto insurance liability limits in your state?

My state is:
My states minimum auto insurance liability limits (written as XX/YY/ZZ):

Many people may be inclined to purchase only the minimum coverage to save money on insurance premiums. Using the minimum coverage in your state that you listed above as reference, explain why purchasing only the minimum required liability coverage would likely be a mistake. Consider the possible costs of an accident, and whether or not this minimum coverage would be enough to cover damages. For example, what if an accident results in bodily injury costs/damages of $1,000,000 to one person what would insurance cover? What would the insureds responsibility be? Could that type of an accident destroy a persons net worth and future financial plans?

Be sure to address each of the above questions in your answer.

What are the minimum liability coverage limits recommended by the author on page 299 of your textbook? Do you feel they are adequate, given your discussion in the previous response? Why or why not? If you do not feel they are adequate, what do YOU recommend as minimum liability limits, and what did you consider to arrive at these amounts?