- December 18, 2018
- By James Nick
- In Blog
Texas is a wonderful state to live in. Whether you’re a new citizen or an older one. You may be familiar with the rules and regulations of the United States where every individual is entitled with some basic reason to possess an auto insurance policy for the vehicle he or she drives. And the state of Texas is no exception.
Similar to other states. Texas needs its citizens to purchase auto insurance policies from an authorized auto insurance dealer while maintaining coverage at all times. In this article, we’ve outlined why you as a driver and citizen should have auto insurance coverage. So let’s take a look!
The state of Texas is renowned for being the state of the “Fault” vehicle accident
The state of Texas makes use of the fault system. This means in the case of an accident and taking accountability of liability damage, a system is made use of. Through this method, drivers are required to fully pay for the damage that the accident has caused. Once the accident takes place. The injured party may decide to file a claim, termed as the first party claim and also seek payment from the other driver that’s involved. Via his insurance carrier- called the third party claim.
What are the minimum car insurance requirements for drivers in Texas?
As we mentioned above. The state of Texas requires its citizens to depict financial responsibility when involved in an accident on the state’s motorways or the state’s streets.
A minimum of $30000 is needed for bodily injury liability coverage per person for the damage caused in the accident. $60000 worth of bodily injury coverage is needed in the case of two people or more than that being injured in the accident that has been caused by you. Above all, a minimum of $25000 is needed for any property damaged in the accident caused by your driving. This is also commonly termed as 30/60/25.
Uninsured motorists auto coverage rates in Texas
The state of Texas doesn’t pose a law on citizens to purchase uninsured motorist coverage. With that being said, the state promotes companies of various kinds to promote this form of auto insurance coverage. This is especially helpful in circumstances where you’re involved in a vehicle accident and sitting with an individual who doesn’t have coverage or whose coverage isn’t sufficient to pay off your bills.