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

Hi. I am Cheri Roman from Roman Agency, Inc. in Austin texas. Thank you for visiting one more segment of "Insurance, Death, and Taxes." Now I'm going to focus on the minimum liability coverages in the state of Texas. Now, as you will recall from my first blog, I explained the definition of liability coverage.

Liability; you realize, a lot of people do not know what that means. Are you aware of what that implies? Liability actually means that in the event you strike an auto and it's your fault, and somebody's hurt or their home is destroyed, that's the amount that the insurance will cover your car accident.

Now in the state of Tx, you're required by law to hold 30, 60, 25 in liability insurance coverages. I know you probably don't know what that implies. I will explain it to you what that signifies. Iif you strike someone and they get harmed, those first two numbers have to do with bodily injuries.

Should you hit an auto and they get injured, your insurance carrier are going to pay up to $30,000 per individual that's injured in an accident up to a total of $60,000 and that's what the 60 means per accident. In case you harm somebody's automobile and you have minimum liability coverages the most your insurance firm will pay can be $25,000 for that person's auto.

Now, what that signifies for you if you have a car that is nicer, that costs greater than $25,000 you may want to make sure that you possess uninsured and underinsured motorists protection because the most you'll receive if somebody hits you that has minimum insurance coverages is actually $25,000.

Also, you should think of that there are 25% of the individuals in Texas that don't carry insurance. There's some really steep fees and penalties for individuals that drive with out insurance policies in the state of Texas. Clearly, you will get fined, you can have your license terminated, and there is even talk today in the Tx legislature about impounding people's vehicles.

So don't take that chance. At least hold the minimum limits and check out your policy and be sure you have the suitable coverages for your own personal circumstance.
Until next time, make sure you drive safely and especially stay away from your phone. Don't text and drive. I am Cheri Roman from Roman Agency, Inc. in Austin.