Most people think they only need to purchase the minimum insurance required by Texas law.\u00a0 This is a huge mistake.<\/p>\n
Generally, the more assets you have, the higher insurance you should purchase to make sure you\u2019re protecting you and your assets.\u00a0 But most people should consider purchasing significantly more than the minimum limits.<\/p>\n
For property damage, the minimum required by the law is $25,000.00.\u00a0 But today, the average new car costs over $30,000.00, and the prices go much higher than that.\u00a0 If you are just purchasing the minimum limits, you are still leaving yourself exposed to significant liability should something happen.<\/p>\n
Similarly, for personal injury<\/a> claims, the minimum coverage is $30,000.00.\u00a0 That might sound like a lot.\u00a0 But when considering the cost of health care, that\u2019s a small amount.\u00a0 Whether you\u2019re talking about liability insurance, protecting you against someone else\u2019s claim, or uninsured\/underinsured, protecting you and your family, a simple hospital visit might exceed (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Most people think they only need to purchase the minimum insurance required by Texas law.\u00a0 This is a huge mistake. Generally, the more assets you have, the higher insurance you should purchase to make sure you\u2019re protecting you and your…<\/span><\/p>\n