Driving a vehicle without any auto insurance can hurt your pocket book in numerous ways. On top of paying for damages occurred in an accident, you can be fined and even lose your license. Many states have laws requiring auto insurance. The State of Texas requires it before you can even register a vehicle.
The State of Texas limits are 25/50/25. Each State may differ. Texas requires liabilty covergae that will cover damage and medical expenses if you are found at fault
There minimum limit must include $25000 for bodily injury or death (1 person) and $50000 for 2 people. And it must also have $25000 for damage and destruction of property. All of these limits are per accident. There limits do not cover damages for yourself, it is up to you to add that coverage.
If you are found at fault the States minimum may not be enough. If the cost of damages are more than you have coverage for you are still responsible to pay. This is why many insurance companies recommend higher limits to eliminate this possibility for your protection.
You have the choose not to or to add comprehensive coverage to protect yourself in an at fault accident. If you have a lien holder that shares and interest in your vehicle, they may require you to carry comprehensive. So even though the State does not require it it is recommended.
How would you like to lose the privealege to driver? Do not follow your States requirement and your wish may be granted. Fines could be as much as $1000 depending on whether it is a 1st offense or 2nd or 3rd. You could have your car towed and that means even more money out of your pocket for fun.
The State of Texas also has a "surcharge" that you must pay for a period up to 3 years to the Department of Motor Vehicles to maintain your license. It is not a cheap price tag either. They find it very necessary to have at least the bare minimum so they take this matter serious.
People seem to think they just can not afford auto insurance. looking at the facts you must ask yourself, can I afford not to be insured? Fines, surcharges and higher insurance rates. I don't think so.
The State of Texas limits are 25/50/25. Each State may differ. Texas requires liabilty covergae that will cover damage and medical expenses if you are found at fault
There minimum limit must include $25000 for bodily injury or death (1 person) and $50000 for 2 people. And it must also have $25000 for damage and destruction of property. All of these limits are per accident. There limits do not cover damages for yourself, it is up to you to add that coverage.
If you are found at fault the States minimum may not be enough. If the cost of damages are more than you have coverage for you are still responsible to pay. This is why many insurance companies recommend higher limits to eliminate this possibility for your protection.
You have the choose not to or to add comprehensive coverage to protect yourself in an at fault accident. If you have a lien holder that shares and interest in your vehicle, they may require you to carry comprehensive. So even though the State does not require it it is recommended.
How would you like to lose the privealege to driver? Do not follow your States requirement and your wish may be granted. Fines could be as much as $1000 depending on whether it is a 1st offense or 2nd or 3rd. You could have your car towed and that means even more money out of your pocket for fun.
The State of Texas also has a "surcharge" that you must pay for a period up to 3 years to the Department of Motor Vehicles to maintain your license. It is not a cheap price tag either. They find it very necessary to have at least the bare minimum so they take this matter serious.
People seem to think they just can not afford auto insurance. looking at the facts you must ask yourself, can I afford not to be insured? Fines, surcharges and higher insurance rates. I don't think so.
About the Author:
Look to your devoted Agent Jeffrey Cline for your Auto Insurance needs. Mr. Cline is a professional in tMr. Cline Family Mr. Clinealth Insurance realm as well. Contact his office, day or night. Mr. Cline is Mr. Clinere 365 days a year to assist you in meeting your needs and budget. His toll free number is 866-526-9669
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