Auto Insurance

When it comes to legally operating and owning a vehicle in Texas, drivers must have two types of auto insurance coverage - bodily injury liability and property damage liability. Both coverages help cover the costs associated with damage or injuries sustained by a third party or a third party’s property. In Texas, you must have at least a $30,000 limit per person/$60,000 limit per accident for bodily injury, and $25,000 limit for property damage. However, it is important to remember that these figures are only the minimum coverage that you must have and represent the maximum amount of money that your insurance company will pay should a third party be injured in an accident you cause. Any figure about that limit becomes your responsibility to pay to make it important that you have enough coverage to protect your financial interests.

Additionally, Texas drivers are not required to purchase collision or comprehensive coverage. Collision coverage pays for damage to your vehicle after you have paid your deductible while comprehensive coverage protects your vehicle from incidents like theft, vandalism, natural disasters, and more. One of the most important types of auto insurance to have is uninsured motorist coverage. As an example, if you are hit by another driver that does not carry insurance and you do not have uninsured motorist coverage that you are on the hook for 100% of your medical bills and repair costs.

While the vast majority of drivers act cautiously, accidents are sometimes unavoidable which makes auto insurance even more important by helping you stay upright after an unexpected incident. When it comes to shopping for insurance in Texas, the team at IPS Agency Inc is ready to help. Our talented team of insurance professionals have access to a multitude of insurance policies and can customize one that meets all your needs without breaking the bank. Give us a call today to schedule a no-obligation consultation.