Auto Insurance Austin tx: Minimum Liability Coverage in Texas by Cheri Roman

Hello there. I am Cheri Roman from Roman Agency, Inc. in Austin tx. Thank you for visiting one more part of "Insurance, Death, and Taxes." Right now I'll talk about the minimum liability coverages in the state of Texas. Now, as you will remember from my 1st blog, I defined the definition of liability coverage.

Liability; you know, many people do not even know what that means. Are you aware what that implies? Liability actually implies that should you hit an auto and it's your fault, and somebody's hurt or their house is damaged, this is the amount that the insurance coverage covers your incident.

Today in the state of Tx, you're required by law to hold 30, 60, 25 in liability insurance coverages. I understand you probably have no idea what that means. I'm going to describe it to you what that implies. Iif you strike someone and they get injured, those first two amounts have to do with bodily injuries.

Should you hit an automobile and they get injured, your insurance company are going to pay up to $30,000 per person that is harmed in an accident up to a total of $60,000 and that is what the 60 stands for per car accident. Should you damage a person's car and you've got minimum liability insurance coverages the most your insurance provider pays can be $25,000 for that person's automobile.

Now, what that means for you personally if you have a car that is nicer, which costs a lot more than $25,000 you might want to make sure that you possess uninsured and underinsured motorists protection since the most you'll get if somebody hits you that has minimum coverages is $25,000.

Also, you should think about that there are 25% of the individuals in Texas that don't carry insurance policy. There's some really extreme fees and penalties for people who drive without insurance in the state of Tx. Of course, you may get penalized, you can have your license revoked, and there's even talk right now in the Tx legislature about impounding people's cars.

So don't take that risk. At least hold the minimum limits and look at your coverage and be sure you have the correct protections for your own circumstances.
Until the next time, make sure you drive safely and especially stay off your telephone. Do not text and drive. I'm Cheri Roman from Roman Agency, Inc. in Austin tx.