It is low, given that a lot of cars go for well north of $50k.
My property damage coverage is $250k. There isn't that much difference in cost for the higher limits and I sleep better.
The more likely coverage to be needed is liability, i.e., injury or death caused by an at-fault accident. GA's minimum limit is about $50k which isn't beans for a fatality or permanent injury.
I worked in insurance for decades, and there are certainly those who will disagree with me on this, and that's fine.
What has stayed with me for 60+ years was my dad's view: if he accidentally killed the family breadwinner, he wanted the widow to have something to help with raising kids. Most people today don't take that view. I respect him tremendously that he did...he and my mother had seven children, and he knew what it would have been like for her and us were he suddenly out of the picture.
HTH