If you’re looking for affordable car insurance in Dallas, TX then we have a list of questions that can help you find the most reasonable coverage at the best price for your unique personal and financial situation. People think that buying car insurance is pretty straight forward but in reality there are quite a few areas where you have several options to help better protect you in the event of an accident or other unwanted situation where your car is damaged. Here are a few questions that you can ask your auto insurance broker to get the best quotes in Dallas.
What Is My Legal Responsibility?
First and foremost, it is important to know what your state’s minimum liability requirement is for you to obtain licensing. For example, in Texas you must have (30/60/25) $30,000 bodily injury liability per person, per accident and $60,000 bodily injury per accident for up to 2 people. You must also have $25,000 in property damage liability coverage.
Is The Minimum Liability Enough Coverage For Me?
If you only obtain the minimum required liability coverage you will get lower rates but you expose yourself to greater risk since your own car isn’t protected and you can even get sued in Texas for expenses that go above and beyond what insurance pays in an accident that you are at fault for. One lost court case could bankrupt you, and the more you have to lose the higher the risk if you don’t carry enough coverage.
Can My Lender Demand More Insurance Coverage?
If you are using a bank loan to buy your car then you most certainly will be required to take out collision coverage and comprehensive coverage as well in order to protect the bank’s investment. Depending on how you purchased your car, you might not be able to get away with only purchasing liability insurance.
Do You Have Any Discounts That Can Lower My Rate?
Many insurance companies offer incentives for safe driving, accident free periods, auto draft payments and multiple coverage discounts. If you are comparing several insurance plans, make sure to consider any and all discounts that you might qualify for now or in the near future. You can also get a lower monthly rate when you consider a higher deductible plan. If this fits your financial situation, it can save you money in the long run if you don’t cause any accidents.