Full Coverage Insurance in Texas

When it comes to protecting yourself and your vehicle on Texas roads, you cannot go wrong with full coverage insurance. Texas is a state that mandates minimum coverage limits for liability insurance, but that alone may not be enough to protect you in case of an accident. This article will go over what full coverage insurance entails, what it covers, and how it can benefit you as a Texas driver.

What is Full Coverage Insurance in Texas?

Full coverage insurance is a term used to describe a combination of liability insurance, collision insurance, and comprehensive insurance. Liability insurance covers damage you cause to other drivers and their cars or property. Collision insurance covers damage to your own vehicle in the event of an accident. Comprehensive insurance covers damage that results from causes other than an accident, such as theft, vandalism, or natural disasters.

Full coverage insurance provides an extra layer of protection beyond the minimum liability coverage required by Texas law. In most cases, Texas drivers who finance or lease a car are required by their lender to carry full coverage insurance.

Liability Insurance

Liability insurance is the minimum type of insurance required in Texas. The state mandates that drivers carry at least $30,000 for bodily injury liability per person, $60,000 for bodily injury liability per accident, and $25,000 for property damage liability per accident. This coverage is designed to cover damages and injuries to other drivers and passengers if you are at fault in an accident.

While liability insurance is required by law, it may not be enough to cover all the expenses of an accident. If the damages exceed your liability limits, you may be held personally responsible for the remaining amount. This is where full coverage insurance comes in handy.

Collision Insurance

Collision insurance covers damages to your own car in case of an accident, regardless of who is at fault. This type of coverage typically includes repairs or reimbursement for the total value of your car if it is totaled in an accident. Collision insurance is designed to give you peace of mind while driving, knowing that if you are in an accident, you can get your car repaired or replaced.

In Texas, collision insurance is not mandatory, but it is highly recommended. It is especially important if you have a newer or more expensive car, as repairs or replacement can be very costly.

Comprehensive Insurance

Comprehensive insurance covers damage to your car that is not the result of an accident, such as theft, vandalism, or natural disasters. This type of coverage is also not mandatory in Texas, but it is highly recommended, especially if you live in an area prone to floods, hurricanes, or tornadoes.

Comprehensive insurance can also cover windshield damage, which is not covered under collision insurance. It is important to note that comprehensive insurance does not cover regular wear and tear or maintenance expenses.

The Benefits of Full Coverage Insurance in Texas

There are several benefits of having full coverage insurance in Texas:

Protection from Unforeseen Circumstances

Accidents can happen at any time, even if you are a safe and responsible driver. Full coverage insurance protects you from unexpected events like natural disasters, theft, and vandalism, in addition to accidents on the road.

Peace of Mind

Having full coverage insurance can give you peace of mind while driving. You won’t have to worry about the financial consequences of an accident or damage to your car, as long as you have adequate coverage.

Financial Protection

Full coverage insurance can protect you financially in case of an accident. If the damages exceed your liability limits, your insurance company will cover the remaining costs, up to your coverage limits. This can save you from having to pay out of pocket for expensive repairs or lawsuits.

FAQ about Full Coverage Insurance in Texas

What is the average cost of full coverage insurance in Texas?

The cost of full coverage insurance in Texas varies depending on your age, driving history, location, and other factors. On average, Texans pay around $1,200 per year for full coverage insurance.

Is full coverage insurance required in Texas?

No, full coverage insurance is not required by law in Texas. However, if you have a loan or lease on your car, your lender may require you to carry full coverage insurance.

How much full coverage insurance should I get?

The amount of full coverage insurance you should get depends on your personal circumstances. The more assets you have, the more coverage you may need to protect yourself in case of a lawsuit. A good rule of thumb is to carry enough coverage to protect your assets and pay for any damages that exceed your liability limits.

What is not covered by full coverage insurance?

Full coverage insurance does not cover regular wear and tear on your car or maintenance expenses. It also does not cover intentional damage or damage caused by driving under the influence of drugs or alcohol.

Conclusion

Full coverage insurance provides Texas drivers with an extra layer of protection beyond the minimum liability coverage required by law. It can protect you financially in case of an accident or damage to your car, as well as unforeseen events like theft and natural disasters. While it is not mandatory, full coverage insurance is highly recommended if you want to have peace of mind while driving.