Texas is an at-fault state which means that the party who causes an accident is obligated to cover the medical expenses and property damage for the other person. For this reason, each person has to carry liability automobile insurance with $30,000 allocated to injuries per individual, $60,000 per accident, and $25,000 in property damage.
Drivers in Allen, TX are not mandated by law to purchase underinsured and uninsured motorists coverage, but many choose to do so for the benefits it confers. Your Brent Davis Insurance agent can go over the particulars in further detail.
What is Underinsured and Uninsured Motorists Coverage?
When a driver collides with you and has no insurance, it can leave you with no recourse but sue, and there is no guarantee of recovering your financial loss. This can cost time and money, causing you to miss work and further compound the outlay. You could also be involved in a wreck with someone who flees the scene and is unavailable to collect insurance information.
Underinsured drivers can also present you with a problem. Their coverage is not sufficient to pay for the injuries and car repairs they cause, leaving you with significant bills to contend with, in addition to your need to recover your health.
Underinsured and uninsured coverage spares you the difficulties of using the legal system to recoup your monies, as those without satisfactory insurance or who have none at all, very often don’t have resources for you to win in a lawsuit. Underinsured and uninsured coverage allows you to make a claim to have your expenses paid for.
Brent Davis Insurance Goes to Work For You
We help Allen, TX residents with their indemnification needs, and we look forward to hearing from you. Call us, send us an email, or stop by the office, and we can further discuss your needs.