What are the minimum car insurance requirements for Fort Worth Texas?
The only insurance that you are required by law to have is liability insurance. Liability insurance does not pay for damages or injuries that have been incurred by you, but damages that have been incurred by others, and for which you are liable for.
In Fort Worth or Texas in general, you have to have at least $25,000 in bodily injury coverage for one person in an accident, $50,000 in bodily injury liability for everyone in one accident, and $25,000 worth of property damage liability.
Although you can get the minimum, you should strongly consider going above it. If you are found to be guilty in an accident and your liability coverage is not enough, you have a risk of being sued for your assets.
Liability is not that only type of insurance that you should consider, as there are many other options that you may need. These options include comprehensive coverage, collision coverage, Guaranteed Auto Protection (GAP), uninsured/underinsured, and PIP.
GAP coverage pays the difference between how much your insurer will give you and how much you still owe in financing dollars in the event that your car is stolen. Collision coverage pays for damages done to your automobile and comprehensive pays for damages to you car from random things such as hail and wildlife accidents. Uninsured/underinsured motorist covers you if someones liability coverage is not enough to pay you.
Before you start getting car insurance quotes, its a good idea to check out the official site of The Texas Department of Insurance. There, you'll see a case study, which shows sample auto insurance rates from each of the 3 counties within Fort Worth: Parker, Tarrent, and Denton. The point of these sample quotes is to encourage you to shop around.
One way to save time on shopping around is by going to an independent agent because he or she will be able to get quotes from as many as hundreds of car insurance companies.
The only insurance that you are required by law to have is liability insurance. Liability insurance does not pay for damages or injuries that have been incurred by you, but damages that have been incurred by others, and for which you are liable for.
In Fort Worth or Texas in general, you have to have at least $25,000 in bodily injury coverage for one person in an accident, $50,000 in bodily injury liability for everyone in one accident, and $25,000 worth of property damage liability.
Although you can get the minimum, you should strongly consider going above it. If you are found to be guilty in an accident and your liability coverage is not enough, you have a risk of being sued for your assets.
Liability is not that only type of insurance that you should consider, as there are many other options that you may need. These options include comprehensive coverage, collision coverage, Guaranteed Auto Protection (GAP), uninsured/underinsured, and PIP.
GAP coverage pays the difference between how much your insurer will give you and how much you still owe in financing dollars in the event that your car is stolen. Collision coverage pays for damages done to your automobile and comprehensive pays for damages to you car from random things such as hail and wildlife accidents. Uninsured/underinsured motorist covers you if someones liability coverage is not enough to pay you.
Before you start getting car insurance quotes, its a good idea to check out the official site of The Texas Department of Insurance. There, you'll see a case study, which shows sample auto insurance rates from each of the 3 counties within Fort Worth: Parker, Tarrent, and Denton. The point of these sample quotes is to encourage you to shop around.
One way to save time on shopping around is by going to an independent agent because he or she will be able to get quotes from as many as hundreds of car insurance companies.
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For a more thorough FREE guide on car insurance in Fort Worth and auto insurance in general, check out Fort Worth Auto Insurance and Liability Insurance Fort Worth.
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