If you’re in a motor vehicle accident and you’re lucky enough to walk away without any injuries, you’ll still have to deal with the financial fallout. Your first line of defense against losing everything because of a car wreck is your insurance policy.
Texas requires that every driver carries a minimum of $30,000 of coverage for each individual person injured in a crash, $60,000 for everybody injured in the crash (cumulative), and $25,000 for property damage that results from the crash. This may seem like a lot of money on the face of it, but it’s easy for a car wreck to cause injuries which end up exceeding policy limits.
In the Dallas-Fort Worth area, there are enough people on the roads on any given day to present plenty of hazards where getting into crashes is concerned. Many of these drivers will be behind the wheels of very expensive cars. If you slam into an efficiency car, $25,000 worth of property damage coverage may be enough to cover the entire vehicle, if need be. If you happen to slam into a new Jaguar, you might have a big problem on your hands if that’s all the insurance you carry.
The minimum insurance requirements are just that: bare minimums. They provide enough coverage to take care of the fallout of the vast majority of accidents, but there are many scenarios where this level of coverage would prove woefully inadequate. It’s important to remember that this coverage applies to your own vehicle and your own medical expenses as well. If your vehicle is destroyed as a result of an accident you caused, you’ll be on your own if all you’re carrying his liability insurance.
You may end up in a situation where you’re in a wreck with another driver who isn’t carrying any insurance at all. You’ll want to make sure that you carry what’s called uninsured motorist coverage so that you don’t end up in a situation where you can’t recover your losses if the other driver is financially irresponsible.
If you’ve been injured as a result of another driver’s negligence, consider hiring a Dallas auto wreck lawyer to handle your claim for you. A car accident attorney can likely recover substantially more compensation than you would on your own, and you never have to pay them out of your own pocket (they only charge a fee if they actually win you money). For more information, call us at 1-877-405-4313.