Monday, February 28, 2011
Cheap Car Insurance In Texas (TX)
Texas law requires a minimum liability coverage automobile insurance plan. They mandate you must carry 20,000.00 for each injured person, 40,000.00 maximum per accident, and 15,000.00 for property damages. However, before you decide this is the cheapest car insurance policy to carry you should consider that Texas law states it is your personal responsibility in the event of an accident to cover any costs not covered by your insurance policy. You could find yourself with a huge bill or debt if you only carry the minimum required by law in the state of Texas.
Before a vehicle can be registered in the state of Texas, you must show proof of insurance. The fines can quickly begin growing if you are found driving uninsured. This can be costly and it is much better to avoid these fees by purchasing cheap car insurance in Texas.
Even a non operational vehicle must maintain car insurance in Texas. Insurance is required before titles can be exchanged or traded. In order to sell even a car that has broken down to a junkyard, you will be required to have insurance in order for the car to have a clean title to transfer.
Texas has a point system. While some aspects of this system are easier to comply with than other states, for instance seat belt offenses and speeding tickets less than 10% over the speed limit will not cost you points on your record. However, child safety laws broken will still get you pointed. However, there is also a very low point average before heavy penalties begin to accrue. The fines can be quite hefty as well as license suspension. In addition, these points on your driving record will be taken into consideration by insurance agents. Resulting in your cheap car insurance to skyrocket in premiums.
Getting a license suspended or revoked, or having too many points on your record too quickly can also result in your insurance carrier dropping your policy. This will hurt your wallet as you will have to find an insurance company willing to work with you on a policy that meets your needs. This can raise your insurance costs dramatically.
