Auto liability coverage is required in the state of Texas. But what other types of coverage do you need? Remember that liability (as its name suggests), only covers damages that others incur as a result of an auto accident that is deemed your fault.
Other Types of Insurance You May Want
Even though liability is the only type of auto insurance that is required for your vehicle in Texas, you may want to look into other types of insurance such as:
- Collision insurance
- Comprehensive insurance
- Medical Payments
Collision insurance covers damages to your own vehicle, whether it was your fault or not. If you incur damage from an accident that was the fault of an uninsured or underinsured driver, you will still be able to replace or repair your loss with your insurance policy if you deal with a company like Insurance Solutions of Texas in Sugar Land, TX. The medical payments option helps cover hospital or medical costs due to an accident and is optional coverage.
What’s the Difference Between Uninsured and Underinsured?
Uninsured is insurance you carry that covers loss when the other driver has no insurance at all. Underinsured covers loss or damage due to not having enough insurance to cover the loss.
Which is Right for Me?
Insurance is a personal thing. Other than the obvious required and state-mandated coverage (liability in Texas), how much of the other types of insurance you carry is up to you. You should consider the level of risk you take based on the amount of driving you do, how much you take other people in your vehicle with you, your likelihood of accident based on statistics such as age and other factors, and how much insurance you can afford.
Speak to your Sugar Land, TX insurance expert of Insurance Solutions of Texas to learn more and know that, when the unexpected happens, you’re covered!