John turned 19 and started college at Northern Colorado University after a year of community college. His father bought him a 2003 Honda Accord for $3,500 to drive while in school. Johns father promised him if he did not have any accident he would buy him a brand-new Ford Mustang GT once he finished his undergraduate degree.

1. How much liability coverage (per person bodily injury liability, total liability, property damage liability) do you recommend for his 2003 Honda Accord? Give 3 reasons why.