How Much Auto Insurance Do I Need?

You know that auto insurance is compulsory in Texas, but do you know how much auto insurance you need to protect yourself optimally? If you are in the dark about the amount of car insurance you need, D&B Insurance Solutions of Dallas, TX, is here to guide you.

Meet the state-required auto insurance coverages

The minimum auto insurance you need shouldn’t be below what is required by your state. For instance, in Texas, car owners must have at least $30,000 of bodily liability insurance and twice the amount for accidents involving multiple persons. Besides, Texas requires you to purchase $25,000 of property damage liability coverage and $2,500 of personal injury protection (PIP), but you can reject this in writing.

While purchasing state-required insurance is essential, these coverages aren’t adequate to protect you when faced with a severe accident. For this reason, you need to increase your liability limits and opt for additional auto insurance coverages.

How much liability coverage should I have?

Like mentioned, state-required coverages are likely to fall short when faced with significant claims. As such, we advise our clients to raise their liability coverage to 100/300/100, which translates to bodily liability injury of $100,000 per person, $300,000 for multiple persons, and $100,000 for property damage liability.

These coverages may protect you adequately when you are at fault for an accident. However, if you need additional liability coverage, we recommend you invest in umbrella insurance.

How much collision and comprehensive coverage do I need?

How much deductible are you willing to part with? How many repairs can you afford to finance from your pocket? The answers to these questions will help you determine the amount of physical damage coverage you require.

Ultimately, purchase the amount you are comfortable with.

Get more information on auto insurance

Still not sure how much auto insurance you need? Would you please get in touch with D&B Insurance Solutions based in Dallas, TX? We will advise you on auto insurance coverages you need and the amount adequate for your driving style.