Car Insurance Myths Explained
When people are searching for new Texas Car Insurance, they can sometimes get a little confused about the “lingo” that is used by Texas Car Insurance agents. Some people also misinterpret the meaning of some of the coverages. Read the following myths below and the explanations. Maybe this will better clear the water, when you are needing to search for Texas Car Insurance.
A no fault accident means its not my fault. Not really, this simply means that your Texas Car Insurance company will pay for the damages to your car regardless whose fault the accident is.
If I lend my vehicle to a friend and they wreck my car, their Texas Car Insurance will pay for the damages. No, the vehicles are insured, not the drivers. So if your friend has an accident in your car and it’s his/her fault, YOUR Texas Car Insurance company is going to be held responsible.
The government sets the premiums on Texas Car Insurance. The government doesn’t have anything to do with setting prices. Your monthly premiums are based on your driving record, marital status, gender, age, and credit report.
New cars are automatically covered under Texas Car Insurance. You must contact your Texas Car Insurance company within the specified number of days to have your new vehicle covered under your existing policy. In Texas, you must have at least the minimum required amount of liability insurance, although, cars that you are paying on may require full coverage.
Without comprehensive coverage, you are still covered for theft, vandalism, deer crashes, windstorms, and hail damage. You must have a collision policy to be covered for these things. Comprehensive covers theft, vandalism, windstorms, and hail damage, while collision covers accidents with objects.
If you would like more information about Texas Car Insurance please call 866-526-9669 and speak with an agent.