Texas Auto Insurance
Regulations and Requirements for Texas Auto Insurance
The State of Texas requires specific regulations when it comes to shopping for auto insurance. Most local drivers purchase liability insurance to help repair or replace the other person’s car or pays for their medical expenses. If you buy auto insurance, you must meet the state’s financial responsibility law by purchasing at least the minimum amount. The current minimum liability limits are $30,000 for each injured person, up to a total of $60,000 per accident, and $25,000 for property damage per accident. This is called 30/60/25 car insurance coverage.
Because of vehicle prices and the high cost of medical care in Texas, the minimum amounts might not be enough to pay the other party’s costs if you’re in an accident. Liability insurance does not cover the repair(s) or replace your car or to treat your injuries. So consider buying other types of coverage like health, collision, and comprehensive.
If you’re a local Texan, you can start with acquiring auto insurance quotes by entering your zip code. It’s easy and you can save more money.
Texas Consumer Bill of Rights for Auto Insurance
Texas has a Consumer Bill of Rights for auto insurance. Indicated below are your rights, so be mindful with your responsibilities as well as with the laws of the State of Texas when purchasing auto insurance.
Factors that Affect Your Premium
- Age, Marital Status – Male drivers under 25 and unmarried women under 21 typically have the highest rates. Drivers over 50 may get discounts
- Driving Record, Claims History – The better the driving history, the more you’ll save
- Primary Location of Car – Accidents and thefts are more prone in urban areas than rural areas
- Type of Car – Rates may be higher for cars that damage easily or cost more to repair
- Primary Use of Car – Rates for cars driven solely for pleasure are lower than rates for cars driven to and from work or for business-related trips
- Credit Score – Typically the better the credit score, the more you can save
- Time Driving Uninsured in Texas – Companies may charge more if you drove uninsured in Texas for more than 30 days in the 12 months before you applied for insurance. If not, a company cannot charge you more for liability coverage because of your prior lack of coverage
Discounts
Many car insurance companies offer a variety of discounts that could save you money every month. Some examples of these opportunities are listed below.
- driver’s ed. courses for young drivers
- students who maintain good grades
- parent or family whose young driver is away at school without a car
- two or more cars on a multi-policy
- policy renewal with good claims and driving records
- homeowners policy
You might also qualify for a discount if your car has:
- airbags and automatic seatbelts
- automatic daytime running lights
- anti-lock brakes
- anti-theft devices
See how many discounts you can qualify for by entering your zip code and acquiring Texas auto insurance quotes. Comparing different coverage plans, discounts, benefits, and companies is valuable and could save you more money.
