TX Auto Insurance
The state of Texas requires drivers to have at the minimum liability insurance that covers bodily injury, property damage and other potential damages that may be a result of you or a driver covered by your auto insurance policy causes an accident. Texas requries liability insurance to cover at least $20,000 bodily injury a person, $40,000 bodily injury per accident and $15,000 for property damage per accident. This requirement is also referred to as 20/40/15 coverage. Liability insurance will not cover any damage done to your own car or truck.
Cost of Auto Insurance in Texas
Auto insurance companies have different ways to calculate the cost of your auto insurance policy. Factors that are used include the following:
Before Buying Auto Insurance
- Type of Car - Sports cars and coupes will cost more than mini-vans and family sudans.
- Claims History - If you have filed a lot of claims, your rate will most likely be higher because the insurance company will fill the chances of you filing another claim will be higher than those who have filed none or only a few claims.
- Credit Score - TX insurance companies will give better rates to those with good credit scores.
- Age - Teenagers and elderly drivers tend to pay more for car insurance. Males are likely to pay a little bit more especially if they are under 25.
- Tickets - If you have had a lot of driving tickets such as speeding or red light tickets, your rates will be much higher.
- Accidents - The number of accidents will greatly factor in the cost of your automobile insurance. If you have been in a lot of accidents, whether you or at fault or not, the cost does increase over someone someone who has not gotten into any accidents.
Be sure to compare the SR-22 auto insurance rates and reputation of a Texas auto insurance company before buying. An easy way to compare prices is to get free auto insurance quotes online. There are sites such as InsureMe
who compare auto insurance quotes for you with just one form. Remember to factor in a company's reputation and not just the rates. Some Texas auto insurance companies
may make it harder for you to file claims. Check your local city's BBB to see if there are a lot of auto insurance complaints about the company you are considering.
Switching Auto Insurance Companies in Texas
A lot of people find that they can save a good amount of money by switching to auto insurance companies that are cheaper. Do not cancel your current policy without having another policy in place. Having gaps in coverage is not worth the risk and can seriously affect your financial situtation.
Major Texas cities: Abilene, Amarillo, Arlington, Austin, Beaumont, Corpus Christi, Dallas, Denton, El Paso, Fort Worth, Garland, Houston , Irving, Killeen, Lewisville
, Longview, Lubbock, Midland, Odessa, Plano, San Antonio, Spring, Tyler, Waco, Wichita Falls.