Texas State law requires that all drivers of motor vehicles to have automobile liability insurance as coverage for personal injury and property damage. Similarly, if the vehicle is still under warranty, the lender requires the contractor also carry collision and comprehensive coverage.
In Texas, the minimum coverage required for liability coverage and personal injury:
Auto Insurance
or $ 20 000 for one person injured in an accident
or $ 40 000 for all peopleinjured in an accident a
The minimum coverage required for property damage is $ 15,000 for damage to or destruction of property of others in the same incident.
Optional insurance may include:
Uninsured motorists / underinsured (UM / UIM) Coverage: UM UIM bodily injury / pay lost wages, medical expenses, pain and suffering, disfigurement and permanent disability or in part. Is not deductible. UM UIM property damage / is going to pay for items damaged in the incidentvehicles, repairs and rental cars, but there is a $ 250 deductible. UM / UIM coverage must be offered by insurance companies. If the tenant chooses not to purchase this coverage, he / she must make the denial in writing.
Collision: pays for repair or replacement of the vehicle regardless of fault, however payment is limited to the cash value of the vehicle minus the deductible.
Complete coverage: pays for damage to the vehicle by otherIn addition to the cases of storm damage collision, or vandalism and theft.
Texas Car Insurance Requirements