Texas law requires that all drivers carry the stateâ€™s minimum liability insurance coverage minimums.
- $30,000 per person for bodily injury
- $60,000 per accident for bodily injury
- $25,000 for property damage
There are other types of insurance that all drivers should consider carrying.
Uninsured Motorist Coverage
Approximately 15 to 20 percent of drivers in Texas donâ€™t carry insurance at all, according to car insurance company Geico. That means that almost one-quarter of the drivers on the road likely won’t be able to compensate you after a car accident.
Thatâ€™s where uninsured motorist coverage comes in; uninsured motorist coverage will help to pay for bodily injury damages in an accident in a hit-and-run, or when the at-fault driver is uninsured. If you opt for this coverage type, the minimum amount required is $30,000 per person and $60,000 per accident for bodily injury coverage. Also, uninsured motorist will help you out if a driver fled the scene of the accident.
In Texas, you can also purchase uninsured motorist coverage for property damage. The minimum amount is $25,000 and a deductible of $250 unless you choose to forego this coverage type.
Personal Injury Protection
Personal injury protection, or PIP coverage, is similar to medical payments coverage; it will help to pay for medical expenses in an accident regardless of who is at fault. Whatâ€™s more, though, PIP coverage will also pay for 80 percent of lost income as well as the cost of a caregiver if needed. For those who donâ€™t want PIP coverage, the refusal of this coverage type must be made in writing. Otherwise, the minimum coverage amount is $2,500, although a higher coverage amount may be purchased.
Comprehensive & Collision Coverage
This type of coverage type is wise to purchase — see below — but is not a requirement for Texas drivers.
Comprehensive coverage will pay for damages to your vehicle in these events.
- Itâ€™s stolen
- It is vandalized
- It is damaged in an accident that doesnâ€™t involve another vehicle (such as a fire)
Collision coverage covers the cost of replacing or repairing your car after an accident.Â
Recovering a Settlement Amount after an Accident in Texas
The more car insurance types that you have, the more likely it is that youâ€™ll receive a settlement amount that adequately covers the damages that youâ€™ve incurred in an accident.
However, insurance companies arenâ€™t always eager to pay up â€“ to help you negotiate for a fair settlement amount, call the attorneys at the Law Office of Julie Johnson PLLC. To get started, schedule your case consultation now by calling 214-290-8001.