When many drivers go to purchase auto insurance, they basically ask for a quote on what they “need to have.” This basically means that they are looking for the state required minimum auto insurance.Unfortunately, these limits are not always enough for every situation, and each individual driver needs to be sure to get what’s right for them.
The limits for state liability auto insurance in Texas are personal injury liability insurance in the amount of $30,000 per person with a maximum of $60,000 per accident and property damage liability insurance in the amount of $25,000 per accident. In many cases, this would be fine, but if you have huge amount of personal wealth, that personal injury liability limit should probably make you nervous. Medical bills add up quickly, and if you cause an accident involving multiple cars or a car with a lot of people in it, that $60,000 maximum will be reached very quickly.If you don’t have insurance beyond that, you could find your assets at risk from a lawsuit. Also, liability coverage in general will not protect your own car, so you will want collision, comprehensive and possibly some other coverages to protect your own car. To get the right insurance coverage to meet your needs, contact the Gant Insurance Agency now!