Texas
Auto Insurance Requirements
The
minimum Texas Auto Insurance requirements are 20/40/15. That's
20,000 Per accident for bodily injury per person, 40,000 per
accident aggregate for bodily injury, 15,000 Property damage
liability per covered accident. This provides a total of up to
55,000 for each covered accident.
In
order to meet Texas state financial responsibility requirements
your policy must have at least these limits. The policy must be
issued by an insurer authorized to do business within the state.
Although 55,000 is the state's minimum coverage requirements,
higher limits are available from most insurers if
desired.
Failure
to Maintain
Currently, Failure to maintain Financial Responsibility
carries a hefty fine and several other penalties including
Suspension of your Drivers License. An SR22 Filing Requirement is
usually imposed before you can get the suspension lifted. The state
has recently instituted an annual fine that persists for 2 to 3
years after the date of suspension which must be paid in order to
maintain your driving privileges.
As a
result it now typically costs an individual up to 900 dollars or
more in fines and filing fees after an infraction for driving in
the state without adequate Financial Responsibility or
Insurance.
Important
Notices
As of
March 1, 2007, The state has instituted by enacted legislation a
requirement that auto insurers doing business within the state must
report all insured's Effective policy dates, Expirations and
Cancellations to a statewide database for use by law enforcement.
This will enable law enforcement to verify coverage validity at the
scene or even before pulling a driver over. This will also enable
law enforcement officers to quickly ascertain if the driver has
presented them with an Expired or canceled or otherwise invalid
auto insurance card.
If the
scenario follows the usage rules currently followed by many other
states. Drivers may in the near future find that their drivers
license and car or vehicle registration has been automatically
suspended due to a loss of, or a lapse in auto insurance coverage
even though no traffic violation has occurred. Many states have
already implemented this method of use.
State Reciprocal Agreements
The
days of jumping state lines to a neighboring state in order to
obtain a drivers license are over. In the past many people after
having their drivers license suspended in one state, would simply
cross into another state and obtain a New Drivers License. With the
age of information technology this is no longer a viable option.
The various 50 states have all entered into reciprocal agreements
wherein an Applicant will be denied a drivers license in that state
until such time as they have resolved any suspension issues,
outstanding tickets and or fines in their previous state of
issue.
License Address Update
It is
important that your Drivers License address information be correct
and up to date with your State Licensing Authority. You will
usually receive any notice from them regarding the status of your
driving privileges at the home address listed on your
license
Many
people have found only after months or sometimes years later that
they have been driving on a Suspended License. This is usually the
result of outdated address information on file with the State of
issue.
Contact
us today for more information about
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