If it’s your first time buying auto insurance in Sugar Land, TX, it’s essential that you learn what the law requires to ensure you comply with all the requirements. At Insurance Solutions of Texas, we recommend checking the Texas insurance department to learn more about auto insurance. To help you get started in the right direction, here are a few things we thought you should know.
Texas follows the "fault" system
Texas uses the "fault" rule when it comes to liability, which means that the driver at fault pays the victim. The injured passenger or driver may decide to file a claim (first-party claim) from their insurance company and have their company seek compensation from the other driver’s insurance policy (third-party claim). If unsatisfied by the outcome, the injured party may also decide to sue the other driver seeking compensation for the suffering, property damage, medical bills, and other losses associated with the accident.
You need to carry insurance to drive around Texas
All drivers in Texas must carry the minimum liability coverage as proof of financial responsibility in case of an accident. The law requires you to have a minimum of $25,000 for property damage per accident, $30,000 for bodily injury per person, and $60,000 when more than one person is injured in the accident.
Insurance prices vary by company
Insurance companies in Sugar Land, TX use different criteria to assess risk and determine how much you pay for coverage. That means that no two insurance companies will have the same prices for the same policy, and the difference can be hundreds of dollars.
You can skip uninsured/underinsured
Texas doesn’t require drivers to have motorist coverage. However, it does require insurance companies in Texas to offer the coverage. Uninsured/underinsured coverage can benefit you if you’re hit by a driver with no car insurance or if their policy is not enough to cover the damages or injuries.
For more information, queries, quotes or new policy discussions, please feel free to contact Insurance Solutions of Texas.