How much insurance do you need for an older car?

Author's Note

Car insurance has been on my mind lately, probably because the rear bumper of my trusty four-wheeled steed now has a sizable dent. After a breakfast meeting at a local restaurant, I returned to my car and discovered that someone in the parking lot had backed his vehicle into it and left -- without leaving a note.

In all likelihood, the other driver didn't have insurance, as I was advised by a police officer who happened to drive into the parking lot as I inspected the damage. On the bright side, at least I do -- and that's sure to soften the blow as I gather repair estimates from area body shops.

Related Articles


  • Insurance Research Council. "Uninsured Motorists, 2011 Edition." April 1, 2011. (March 12, 2012)
  • Ohio Department of Insurance. "Guide to Automobile Insurance." (March 13, 2012)
  • Reed, Phillip. "How Much Car Insurance do you Need?" Edmunds. Aug. 25, 2011. (March 12, 2012)
  • Schrage, Andrew. Personal interview. March 13, 2012.
  • Smart Money. "How Much Auto Insurance do you Need?" July 9, 2008. (March 12, 2012)
  • The Wall Street Journal. "How Much Car Insurance do you Need?" (March 12, 2012)