Cheap Vehicle Insurance quotes, Additional Texas auto insurance Coverages
Although liability insurance is essential, it does not cover damages to the policyholder’s own vehicle. To be better protected against these potential costs, motorists should consider purchasing comprehensive and collision coverage. The collision portion of this optional protection pays for damages caused by an accident involving another vehicle, while the comprehensive portion covers an extensive set of situations. This includes damage from fire, flooding, hail, falling objects, vandalism, theft, and more.
When car owners buy comprehensive and collision coverage, they are usually required to choose a deductible. This is the amount of money that the policyholder agrees to contribute to repair costs before coverage kicks in. Choosing to contribute a greater amount can usually lead to a lower premium.
But no matter the level of vehicle protection that a resident buys, it is essential to carry proof of financial responsibility. If a TX resident does not follow these mandated financial responsibility laws, the Texas Department of Insurance states that offending drivers could face fines ranging from $175 to $350 for first time offenders, $350 to $1,000 fines for subsequent offenses, and the possibility of losing one’s driver’s license. To reduce the number of uninsured motorists in the Lone Star State, legislators created the Texas Sure program, which is designed to electronically cross-reference insurance records. This allows law enforcement officers and state regulators to quickly determine whether or not someone is sufficiently insured.