Texas Insurance Blog

Lease gap insurance can help you protect against potential losses after a vehicle is totaled or stolen. Unlike other states, Texas has laws limiting the cost of gap insurance on lease and the terms in which coverage can be offered. Understanding whether or not gap coverage is right for you is important and comparing quotes can help you find affordable, reliable protection that meets your needs and budget.

Getting a DUI in Texas can be a hassle that raises your insurance rates for up to a decade. Besides paying more as Texas DUI insurance rates go up, there are fines and penalties to face. The safest thing to do is always to drive sober. If you are convicted of a DWI, you’ll have limited choices as some companies won’t insure you. Comparing auto insurance companies is essential to find the right coverage and to avoid overpaying for protection.

Drivers in Texas are facing more auto insurance rate increases due to a number of factors. While inflation is causing an auto insurance increase in Texas, there are other issues raising the risk for carriers and by extension, the premiums for motorists. Some things are out of your hands but there are ways you can save on your coverage despite outside factors raising rates.

You don’t have to get auto insurance for a learner’s permit in Texas, however, you still need to notify your insurance carrier. Failure to do so could result in lapses in coverage in the event of an accident. Planning ahead can help your family save money on auto insurance once your teen gets a Texas driver’s license.

A hit-and-run accident shouldn’t cause you to have an increase in your auto insurance premium if you aren’t at fault. With that said, some circumstances and carriers may also cause you to pay a higher premium. There are laws in Texas to help mitigate hit-and-runs, however, this doesn’t mean they aren’t a common issue for drivers. You can protect yourself with uninsured/underinsured motorist (UM/UIM) coverage and if you are facing a premium increase due to a hit-and-run, shopping carriers can help you switch and save money.

Subrogation helps carriers reclaim compensation that is owed after a loss that may otherwise never be recouped. For example, subrogation in insurance can involve seeking compensation after an uninsured driver doesn’t help restore damage to your vehicle. There are waivers of subrogation that can give up a carrier’s right to pursue such legal matters as well. Furthermore, because legal issues can be a headache, drivers and homeowners need to understand their resources when facing this process.

Although car insurance for married couples is often less expensive, other partnerships have options to save. Furthermore, when you are married, there are ways to maximize savings and coverage by comparing carriers available in your area.