Cheap car insurance is completely sufficient—right up until the moment you actually have to use it. When drivers search for the cheapest premium on the market, they almost always end up purchasing state-minimum liability coverage. On paper, it checks the legal box required to register a vehicle and keeps you on the road legally. In practice, however, relying strictly on rock-bottom coverage leaves massive financial blind spots that can jeopardize your savings. The Hidden Math of State Minimums Most state liability thresholds were set decades ago and haven’t kept pace with modern economic realities. A typical state minimum might cover $25,000 in property damage liability. Now consider the road in…