Answering Questions On How To Find Very Cheap Car Insurance
In light of the current national economic conditions, it’s nice to know where you can still find a bargain. Following a downward trend for the past two years, it is now possible to enjoy Texas auto insurance rates that are cheaper than ever. The average annual price of $1262 (2011) is not only less than the national average of $1441, but it is also down 17% from 2010, a figure that was already reduced 16% from 2009.
These new bargain prices allow all drivers to find cheap auto insurance in Texas, but they also carry the expectation that every driver will indeed be insured. In fact, penalty fines, suspension of license and even loss of vehicle can result from failure to carry proper coverage. Throw in the absence of a valid license and the fines go up and jail time is a distinct possibility.
Texas has a straightforward automobile insurance policy that requires each driver to pay for any accident he/she causes. A basic liability package will cover the repairs to the other vehicle and injuries to those involved. It does not cover you, passengers in your vehicle or your property repairs. In 2011 the minimum limits were raised to $30,000 per person to a maximum or $60,000 and $25,000 towards the property damaged. Because medical care and vehicle repairs are so costly, the other driver has a right to sue you for more if your policy is inadequate. For this reason, many Texans carry extra coverage.
According to the Texas Personal Automobile Policy, there are eight different coverages to choose from for the best protection you can afford. Fortunately, cheaper Texas auto insurance makes adding on to your required basic policy a practical and affordable solution. Here’s a list from which to pick.
1. BASIC LIABILITY IS ALWAYS REQUIRED.
2. Medical Payment Coverage for you and your passengers’ medical expenses and/or funeral
3. Personal Injury Protection (PIP) adds to Medical Payment Coverage by offering 80% of your lost income and the cost of a caregiver during recovery.
4. Uninsured/Underinsured Motorist Coverage protects you and your passengers if the other driver is a hit-and-run or not properly insured.
5. Collision will pay for the damages to your vehicle up to its market value.
6. Comprehension will protect your vehicle in case of vandalism, theft, fire, storm, etc.
7. Towing and Labor Coverage
8. Rental Reimbursement pays the cost of renting a car in the event that yours is stolen or in the shop for repairs.
If you are a high risk driver, finding cheap Texas auto insurance is a bit more challenging, but not impossible. The fact is that your recent traffic tickets, accidents and even your poor credit history can affect your car insurance premiums. The Texas Automobile Insurance Plan Assoc. (TAIPA) is an option if you have already been turned down by two other companies. Rates will be higher and options limited, but after one year of improved driving record, you can start working your way back to cheaper auto insurance in Texas.
While Texas auto insurance is adequate for Canadian driving, Mexico does not recognize our basic US auto liability policies. Having an accident in Mexico can be a serious problem that could actually result in criminal charges, total financial responsibility and even detainment. It is highly recommended that you purchase Mexican liability insurance from authorized Texas agents or from a Texas-licensed Mexican insurance company before venturing further down south. It is also possible to buy a Mexico tourist endorsement as an add-on to your state policy.
There’s a lot to see and do here, miles of roads to cover in wide open spaces and busy urban centers. Drive carefully and with enough of our cheap Texas auto insurance to be fully protected. Life is good in the “Lone Star State.”
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In recent years, Texas has taken steps to reduce the number of uninsured drivers on the state highways. The goal is to decrease the amount of damage caused by uninsured drivers and protect the public from unnecessary lawsuits. Minimum auto liability insurance requirements have risen in 2011 and a data based program called TexasSure was [...]
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