Having Texas auto insurance is a must as a driver. Not only will it help you pay for small repairs or major accidents, it is also mandated by law that you carry it in some form or fashion. There is a huge variety of options available when it comes to your auto insurance, there are in fact a great number of different types of car insurance for you to choose from, so it can be tough to determine what type of auto insurance is the best choice for you, your car and your finances.
1. Uninsured Motorist Protection
Just because the law compels everyone to have insurance doesn't actually mean that everyone has auto insurance. If you are in an accident, even if a driver has a liability insurance policy, Texas has a moderately low minimum, so their liability only may not cover all of the costs that can go along with the wreck. You don't want to get stuck with the bills in an accident that isn't your fault; uninsured motorist protection will guard you from this.
Be vigilant to do your research though, a policy that covers damage by an uninsured motorist isn't as clear-cut as other policies. In theory, even if a driver doesn't have enough insurance to cover damages during an accident, he will still have an duty to cover the costs out of his own pocket.
2. Medical / Personal-Injury Protection
Medical costs connected with treating wounds after a car accident can be very expensive. In order to cover those costs, medical and personal-injury protection is available to add to your Texas auto insurance policy. No matter who is at fault, this protection will cover your medical bills along with those of your passengers when there is an accident.
If you have a good health insurance plan, however, it's far less likely that medical and personal-injury protection will be useful to you. And considering how much more a general health insurance policy covers, it should be your first choice.
3. No-Fault Insurance
No-fault insurance is a new type of auto insurance that is available in only a limited number of U.S. States. This type of insurance will cover injuries and property damage, regardless of who is at fault in an accident. The decision to choose no-fault insurance depends on what other insurance options are accessible for you and what
4. Gap Insurance
If you are still making car payments, gap insurance may be a good choice. It's meant for drivers who still owe money on their cars and need to pay off the vehicle if it is totaled in an accident. It's generally a good choice if you owe more on your car than you could easily pay off on short notice.
Gap insurance is especially worthwhile if you owe more on the car than you could get for it if you sold it today, since many insurance policies will only cover the value of the car, rather than the cost to replace it. Some lenders may require you to have gap insurance or something similar until you pay off the vehicle, so you may already have it whether you know it or not.
1. Uninsured Motorist Protection
Just because the law compels everyone to have insurance doesn't actually mean that everyone has auto insurance. If you are in an accident, even if a driver has a liability insurance policy, Texas has a moderately low minimum, so their liability only may not cover all of the costs that can go along with the wreck. You don't want to get stuck with the bills in an accident that isn't your fault; uninsured motorist protection will guard you from this.
Be vigilant to do your research though, a policy that covers damage by an uninsured motorist isn't as clear-cut as other policies. In theory, even if a driver doesn't have enough insurance to cover damages during an accident, he will still have an duty to cover the costs out of his own pocket.
2. Medical / Personal-Injury Protection
Medical costs connected with treating wounds after a car accident can be very expensive. In order to cover those costs, medical and personal-injury protection is available to add to your Texas auto insurance policy. No matter who is at fault, this protection will cover your medical bills along with those of your passengers when there is an accident.
If you have a good health insurance plan, however, it's far less likely that medical and personal-injury protection will be useful to you. And considering how much more a general health insurance policy covers, it should be your first choice.
3. No-Fault Insurance
No-fault insurance is a new type of auto insurance that is available in only a limited number of U.S. States. This type of insurance will cover injuries and property damage, regardless of who is at fault in an accident. The decision to choose no-fault insurance depends on what other insurance options are accessible for you and what
4. Gap Insurance
If you are still making car payments, gap insurance may be a good choice. It's meant for drivers who still owe money on their cars and need to pay off the vehicle if it is totaled in an accident. It's generally a good choice if you owe more on your car than you could easily pay off on short notice.
Gap insurance is especially worthwhile if you owe more on the car than you could get for it if you sold it today, since many insurance policies will only cover the value of the car, rather than the cost to replace it. Some lenders may require you to have gap insurance or something similar until you pay off the vehicle, so you may already have it whether you know it or not.
About the Author:
For more information about these and additional insurance options visit Dillo Insurance online. Dillo Insurance is a Texas auto insurance agency specializing in no credit check auto insurance for the Texas market despite tickets, accidents or a coverage lapse.
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