There are a lot of driver's in New York, who carry just what the state minimum coverage's are. In New York they are $25,000 per person/$50,000 per accident and $10,000 of property damage. So if you hit another car, a building, a gas pump (yes this happened to our convenient store client) you only have $10,000 to fix the damage.
That really isn't enough in today's climate, as so many people drive better cars that are worth more than $10,000. And if you don't have the insurance to pick up the damage figure, a judgement would be favored against you.
So be aware that us as an insurance broker, are never in agreement to carry the state minimum coverage. As a matter of fact, our insurance agency has a $100,000/$300,000/$50,000 standard coverage we insist upon. We never want a client to come by or call and say "you never offered me this better coverage". It just doesn't happen in our agency. We want our clients to all be protected against any loss that may occur due to their fault.
We do this because we care.