03 Mar

Cheap Auto Insurance Texas

Auto Insurance Laws in Texas – Don’t Get Caught Without It!

 

The law in Texas is very clear when it comes to property damage caused in vehcile collisions. The state of Texas requires that all persons that cause accidents pay for all damages out of pocket, or carry proof of auto insurance (often referred in law as financial responsibility.) The law assumes you cannot cover damages yourself because not everyone has thousands of dollars to throw away. Therefore, Texas law requires all drivers to have some form of auto insurance that will cover a set minimum for all property damage, doctor’s bills and the accident itself.

What Kind of Auto Insurance Do I Need

According to the Texas Department of Insurance, the state of Texas requires motorists to have what’s called 30/60/25 coverage at a minimum. This means that the cheap car insurance Texas policy you purchase must cover at least $30,000 in doctor’s bills for injured motorists, $60,000 for each accident, and $25,000 for property damage. However, with automobile prices and doctor bills increasing, it may not be enough to just have the minimum coverage. Therefore, it is advised that you purchase auto insurance that covers more than the minimum amount. This is often why many accident cases end up in court. The driver at fault did not purchase enough auto insurance coverage, and the victim exercises their right to litigate for the difference.

All Motorists Must Show Proof of Insurance When Requested

You will need to show proof of auto insurance coverage when requested by a police officer, when you have an accident, have your vehicle inspected or renew license plates, and renew your driver’s license. The penalties for driving without auto insurance are very strict in Texas. (This is covered in the next section.)

What Is the Penalty for Driving Without Auto Insurance

The state of Texas has strict laws regarding driving without insurance. These penalties depend on several factors, such as the following:

  • Amount of damage caused – Most of the time, you will get off with a lighter penalty if you didn’t cause much damage, and all your legal documents (driver’s license, proof of auto insurance coverage, vehicle registration, etc.) are kept current.
  • Whether the accident was intentional – If you purposely caused damage to the other motorist’s car (for example, as a result of road rage), the law will not look kindly upon it and may tack on additional charges, jail time and/or heavier fines, particuiarly if you caused serious injury or death.
  • Whether there were any serious injuries or deaths – You’re more likely to get a stronger sentence if there were serious injuries or deaths.
  • Whether you have a driver’s license at the time of the accident – Be prepared to show the police officer your driver’s license, vehicle registration, and proof of auto insurance – he will ask for it, and it will weigh against you if your case goes to trial and you don’t have your driver’s license on hand.

If you get caught driving without auto insurance, the penalties are as follows:

  • 1st offense: $175 to $350 fine
  • Each subsequent offense: $350 to $1,000 fine, suspended license, vehicle impounded
  • No driver’s license: Maximum $2,000 fine, 180 days jail time, or both
  • Serious injuries or death: Maximum $4,000 fine, one year jail time, or both

Conclusion

In this article, we have taken a look at why auto insurance is required in the state of Texas, how car insurance can protect motorists, the minimum amount of coverage you need and the penalties for driving without auto insurance. The penalties for driving without insurance in Texas can get quite expensive. Don’t get caught without it – it just isn’t worth the trouble you will get into, and when you have an accident, you’ll be glad you have the insurance to back you up.

18 Feb

Homeowners Insurance Texas

How to File a Claim on Your Homeowners Insurance in Texas

Filing an insurance claim for homeowners insurance in Texas is kind of a big deal. Overall, most homeowners only file one claim every 10 years. So, for the most part, insurance companies don’t expect you to file a claim for every little thing that may happen to your home. Insurance companies make their money by gambling that you won’t turn in claims on your homeowners insurance in Texas. However, there may come a time when you really feel it’s necessary. Learn when you should consider filing a claim, and how to file a claim on homeowners insurance in Texas properly.

When to File a Claim

First off, you should consider the pros and cons of filing a claim. The obvious advantage to filing a claim is that you’ll get damages to your home repaired and covered by your insurance company. Now, consider potential disadvantages.

In every state except Texas, your premium will increase after filing an insurance claim. Texas does not penalize first time filers filing a claim against their homeowners insurance Houston. However, you should consider that down the road, you may need to file a second claim, and you will see a premium increase.

Increased premium costs resulting from claims can vary from one insurer to another, but it’s possible to see a premium increase as high as 20 percent. This isn’t a one-time increase, so think carefully before filing a claim.

In addition, once you file a claim on your homeowners insurance in Texas or any other state, this will be recorded in the insurance CLUE database. You should understand that the CLUE database is accessed by all insurers, and it affects other types of applications for insurance you may apply for in the future.

Consider filing a claim if you suffer very expensive damages that you cannot cover yourself.

Filing a Claim on Your Homeowners Insurance in Texas

Gather Documentation

Immediately after damage occurs, document the damages before filing a claim on your homeowners insurance in Texas. This means taking photos of the damage, locating receipts, listing damaged items, and it includes your home inventory if applicable.

Don’t Make Any Permanent Repairs

Insurance companies expect that you will make a temporary repair to prevent additional damage to your home. However, if you make permanent repairs before a claims adjuster has a chance to inspect the damages, you may have your claim automatically denied by the insurance company even if you have photo documentation.

File Claims Quickly

If you have decided the damages warrant filing a claim against your homeowners insurance in Texas, file your claim quickly. Insurers do vary on the time limits they set for filing a claim after a disaster or event. However, many insurance companies may deny claims if it has been more than a couple of months since you sustained the loss.

Your Visit From the Claims Adjuster

Once you’ve filed a claim, you can expect a visit from an insurance claims adjuster. He or she will investigate the damages, take photos and determine if the claim is valid. The inspection report ultimately determines the dollar amount for repairs.

Consider the Claim Settlement

As a homeowner, it is up to you to decide if you feel you’ve received a fair settlement from your homeowners insurance in Texas. If you don’t agree with the findings, you can hire your own public adjuster.

Obtain Repair Bids

Always get several repair bids from well-known local contractors before making a decision for repairs. Beware of unsolicited contractors offering their services hoping to cash-in on your claim for homeowners insurance in Texas.

Remember, filing an insurance claim against your homeowner insurance in Texas should be considered carefully. Make sure the possible increase of a premium and being listed in the CLUE database are worth filing the claim.

25 Jan

Health Insurance Texas

Choosing the Best Health Insurance Plan For Your Needs

Overview
Health insurance is one of the most vital investments that anyone will make. There are several different things to keep in mind when choosing a health insurance policy. Many people wrongly assume that a cheaper health insurance policy is their best option. However, there are many other things to keep in mind outside of just the monthly premiums. There is little information on a lot of the health care plans in the industry today. This makes it difficult to make an informed decision. Here are several things to keep in mind for anyone who is try to choose the bets health insurance plan in Texas.

Premiums

The premiums on a health insurance policy are the monthly payments that must be paid in to have access to the plan benefits. There are many different policy options when it comes to premiums. There is generally an inverse correlation between the premiums and deductible on a policy. Many families with children try and choose a health insurance policy with the lowest premiums possible. However, this can actually cost more money in the long run. Anyone who expects to have a lot of medical costs needs to make sure they have a plan prepared for this.

Deductible

The deductible on a health insurance plan is the amount that must be paid out of pocket before the benefits start to kick in. People who do not go to the doctor a lot are able to have a plan that has a higher deductible. However, if you expect to use a lot of medical services over the course of a year it is important to have a lower deductible. There are even some health plans with no premium but a health deductible that is several thousand dollars. This can be a way to save money, but in the event of a health emergency a person will be out a lot of money.

Out of Pocket Maximum

The out of pocket maximum on a policy is the maximum amount a person will have to pay in the course of a year on their policy. These amounts are generally quite large. Depending on the plan that is chosen, these amounts will fluctuate. It is very rare that this limit is reached, but it can be important in the event of a major health catastrophe. The process of choosing a health insurance plan needs to consider this amount. There are major surgeries that cost several hundred thousand dollars per year. It is not unreasonable to expect to hit this number at some point in your life.

The Importance of Health Insurance

One thing to keep in mind when choosing a plan is the overall importance of health insurance. This is a great way to protect yourself and your family from a major medical emergency. Medical debt is the number one reason that people declare bankruptcy today. Most of the time, this can be prevented by choosing the proper health insurance policy. Anyone who works through a large company will be able to get access to their health insurance plan information there. However, buying health insurance on the open market can be much more difficult. Always keep the long term in mind when choosing a health insurance plan in Texas.

Final Thoughts

Texas is a large state with many different health insurance plans to choose from. Anyone who is choosing a plan needs to make sure all of their needs are met within their plan. Choosing a cheaper monthly policy does not necessarily mean that it will cost less money in the long run.