For those that drive a car in the Coppell, TX area, having auto insurance is a requirement and a necessity. When you receive a full auto insurance policy that provides you with all of the available types of protection, you will receive several different types of coverage.
Liability Coverage
When you purchase an auto insurance policy one type of coverage you will receive is liability insurance. In the state of Texas, you are required to have bodily injury liability coverage of $30,000 per person and up to $60,000 per accident. You are also required to carry minimum property damage coverage of up to $25,000 per accident. This type of coverage will only provide coverage to the other party and will not cover any financial losses you incur.
Collision Coverage
If you want to have your vehicle covered if you are in an accident, you will need to have collision coverage. If you are found to be at fault in an accident, your collision coverage will also cover the repairs of your vehicle. It will also provide you with coverage in the event you are not at fault in an accident but the other party does not have insurance and doesn’t pay for your repairs.
Comprehensive Coverage
Your auto coverage will also provide you with comprehensive coverage. This type of insurance coverage will provide you with financial reimbursement in the event your vehicle is stolen, vandalized, damaged by storm and weather, or in an accident with an animal.
For those that are in the Coppell, TX area and would like to better understand their auto insurance needs, meeting with The Select Insurance Agency would be helpful. The Select Insurance Agency will help you to better understand your minimum requirements as well as what type of insurance pr
