Besides purchasing Texas car insurance, there are other ways that you can prove that you have financial responsibility in order to drive on the roadways in this state. The state requires that you carry bodily injury and property damage in order to protect yourself and your family if you are involved in an auto accident where you are at fault.
Texas Car Insurance That is Required by Law
Besides purchasing Texas car insurance, there are other ways that you can prove that you have financial responsibility in order to drive on the roadways in this state.
The state requires that you carry bodily injury and property damage in order to protect yourself and your family if you are involved in an auto accident where you are at fault. If you are a registered driver in Texas you must carry $25, 000 bodily injury for one person in a single accident; $50, 000 in bodily injury coverage total for a single accident and $25, 000 for damage to another person's property.
If you do not wish to purchase car insurance through a licensed agent, you can establish your financial responsibility in several other ways. You can file a surety bond with the county clerk in your area. The bond must include two people who own property in the state of Texas.
You can also deposit $55, 000 in cash or securities with the county comptroller or you can deposit $55, 000 in cash or a cashier's check with the county judge.
If you own more than 25 cars you can certify with the Texas Department of Transportation that you are self insured. This option is mainly used by car dealers.
If you go ahead and purchase regular car insurance through an agent you may want to add additional coverage and or up the limits. The mandatory limits are the total amounts that your insurer will pay out for an accident.
You certainly should consider adding personal injury protection to cover your medical expenses, collision coverage to repair or replace your vehicle in the event of an accident and uninsured motorist coverage in case you are involved in an accident where the other person does not have insurance. Underinsured motorist coverage is also available and will pay the difference in what the other person is covered and what is necessary to cover costs.
Texas car insurance, carrying the burden of liability in case of an accident. All you need to know, now on http://petitmatindekiponie.frblog.net/Premier-blog-b1/Have-you-visited-onlineautoinsurancecom-ever-before-b1-p53.htm
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