Selecting the Right Insurance Policy
The State of Texas requires drivers to maintain financial responsibility, which means that all drivers must have a valid auto insurance policy. Unfortunately, drivers in Texas are only required to carry liability insurance with minimum policy limits of $30,000 per claimant and $60,000 in total coverage for each accident.
Selecting the right insurance policy depends on a variety of factors unique to the individual driver, but it is generally a good idea to take out a policy with more than minimum liability policy limits and purchase additional coverage to protect yourself in case you are involved in a car crash with an uninsured or underinsured driver.
Most common types of coverage available under an auto insurance policy for you to consider:
- Liability—liability coverage pays for an injured person’s damages if you are at fault for a car crash.
- Collision—collision coverage pays for your property damage if you are at fault for a car crash.
- Uninsured/Underinsured (UM/UIM)—uninsured coverage applies if you are in a car crash with another driver who is at fault but does not carry auto insurance. Underinsured coverage applies if you are in a wreck with another driver who does not carry enough auto insurance to cover your damages.
- Personal Injury Protection (PIP)—PIP benefits cover your medical expenses and lost wages if you are involved in a car crash, regardless of fault.
If you or someone you know has been involved in an auto accident, contact a board certified personal injury attorney to evaluate your potential claim.