No matter how bad your driving record may be, there’s a company out there that wants to sell you insurance.
Insurance is mandatory in Texas, and that means that it needs to be available to any driver that can legally be out on the road. If you’re a good driver, you have plenty of options. If you’re a driver with a checkered history, you have to be very smart about the insurance that you choose.
Some insurance companies will offer discount policies. These are usually offered to drivers who have bad driving histories and who have to pay high rates for even the most basic insurance. Remember that the minimum levels of coverage may well leave you liable for additional damages if you cause a bad wreck. The insurance company is only on the hook for the maximum amount of coverage you pay for. If you cause $75,000 worth of damage and have a $30,000 policy, you’re responsible for the remaining $45,000!
There are some companies out there that offer low prices on the state minimum insurance, but they may not have a good record where customer service is concerned. Take the time to look up information about the insurance companies you’re considering. The Better Business Bureau is a good place to start. You may also want to try Internet forums where customers discuss their interactions with companies; there are plenty of them to choose from.
Covering your investment.
This basic breakdown will give you an idea of what your insurance actually covers:
- Liability is for the damages you cause to others
- Collision is for the damage caused to you
- Comprehensive is for most everything else
If you only have liability and you cause a wreck that totals your car, you don’t get paid anything toward a new vehicle. Most drivers will do well to get some collision coverage on their vehicle. This ensures that you have some money to look for a new car if you’re in a wreck that didn’t involve anyone else being negligent.
If a negligent driver causes a wreck that injures you or destroys your property, you’ll want to speak with an auto accidents attorney. A good Dallas car wreck attorney may be able to get you compensation beyond what the other driver’s insurance will cover and make sure you can get paid and back on the road!