Texas is an at-fault state. That means it relies on the law of tort to decide which driver shall be responsible for paying to treat people injured and repair the damage caused to vehicles and other property. If the injured parties cannot agree, the case comes to a court to fix the liability to pay. At this point, the Texas Financial Responsibility Law kicks in. As a precondition to driving any vehicle on a public road, the driver must be in a position to accept liability up to 30/60/25. The first two numbers are $30,000 and $60,000 to pay for the medical treatment of one or more people injured in the accident. The sum of $25,000 must be available to pay for repairing damage to property. Note this mandate only applies to liabilities owed to third parties. You have a free choice as to whether to insure yourself against the costs of treatment or repair of your own vehicle.
Most drivers satisfy the requirements of the Financial Responsibility Law by buying insurance. The alternatives are either to buy a surety bond secured on land you own, or to deposit the sum of $55,000 with the state comptroller. Although many people own land in Texas, the majority mortgage it for borrowing purposes, not leaving enough equity for a bond. Similarly, some will have cash savings of $55,000 but see little advantage in depositing it with the state where it earns no income. So using a specialist site like this delivers car insurance quotes in Houston, TX, focusing on the specific driving conditions in the city and ensuring you get the best value for money deal. Use this site to get free car insurance quotes today.
Car insurance quotes in Houston, Texas are lower because of the general reform of tort passed ten years ago. Lower car insurance quotes stay low so long as the reform survives.
Car insurance quotes in Houston, Texas rise only modestly when teen drivers are added to the policy. Why are car insurance quotes lower in Texas?
Car insurance quotes in Houston Texas are higher because of the level of drunk driving. Car insurance quotes in Houston, TX will fall if enforcement is more effective.