Reader’s Question:

How much is the required auto insurance in Dallas?

Trent

Dallas, TX

Based on the financial responsibility laws of Texas, an individual claiming ownership of a motor vehicle is required to carry auto insurance to pay for damages in case he is found liable for an accident. So, it is important to purchase your auto insurance in Dallas only from companies that are accredited by the state as these companies will provide you with at least the mandated minimum levels.

To have sufficient auto insurance in Dallas, one has to purchase the 25/50/25 coverage. This type of insurance refers to the basic liability coverage and will provide a minimum of $25,000 Bodily Injury Liability (BIL) to one person, $50,000 BIL for two or more victims’ medical care, and $25,000 Property Damage Liability (PDL) for public or private properties you wreck in any one accident.

But since the costs of medical care and vehicle repairs are constantly increasing, this insurance may not be enough to pay for all the settlements after the mishap. So, it would be very wise to obtain much higher coverage limits to spare you from the headache of getting sued. Bear in mind, too, that the basic coverage will not give you any assistance for your medical care and vehicle repairs. So, purchasing the Collision and Comprehensive Insurance will prove to be a worthy expense for you as this will provide you with financial back up in case your car needs to be repaired or replaced after an accident, collision with animals, fire or flood.

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