You have minimum liability requirements to meet if you drive a car in the U.S. These limits are set by each state, and in Texas, you must take out at least $30,000 in liability coverage for each person you injure, $60,000 in coverage per accident, and $25,000 for any property damage. All these amounts are supposed to protect you if you are involved in an accident that you caused. You can raise these limits if you so choose and if you can afford it.
Optional Insurance Coverages
Besides taking out liability auto insurance coverage in Corpus Christi, TX, you also need to take out collision and comprehensive insurance if you finance or lease your vehicle. While these two types of insurance are not mandated by the state, they must be purchased when you are paying a lender or leasing company for a car loan.
Collision Insurance
Collision auto insurance coverage protects you against any damage you receive to your car if you are involved in a crash with another vehicle. If you drive an older vehicle that is not financed, you can normally bypass this coverage; usually, people buy a new car if their older vehicle is badly damaged in a wreck.
Comprehensive Coverage
Comprehensive auto insurance coverage protects your car from natural events, including incidents such as vandalism. Again, this insurance may be bypassed if the driver owns and drives an older vehicle.
Other Options
While purchasing the state’s required liability coverage is the most common method for covering your legal responsibility, you do have other options too. For example, if you own a large fleet of vehicles (25+), you can obtain a certificate of self-insurance. You can also deposit $55,000 in cash or in a cashier’s check with the county judge in the county where your vehicle is registered.
However, the easiest way to make sure you are protected properly is to contact an insurer, such as Amtex Auto Insurance. By contacting a professional firm, you can make sure that you are covered legally and financially.
