Whereas having too much vehicle insurance is a waste of your hard-earned money, not having enough can result in terrible consequences, which will have disastrous results on your life. If you’re clever enough you’ll protect yourself as well as your assets in case of a crash by ensuring a reasonable level of insurance is provided in your policy. True you may find yourself paying out a few extra dollars a month for an increased limit policy and you might never use it, but it could be all the difference in the world in the event that an accident does happen.