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According to the Texas Department of Insurance, the minimum liability required is stated as 30/60/25 coverage, which indicates: Bodily injury liability: $30,000 per person and $60,000 per accident ...
To find the exact minimum coverage auto insurance requirements in your state, you can visit your state’s Department of Insurance website or contact your auto insurer. ... Texas. 30/60/25. None ...
The average cost of car insurance in Texas is $2,613 per year for a full coverage policy and $691 per year for a minimum coverage policy. However, after a lapse in coverage, Texas drivers can ...
In lieu of auto insurance, individuals can either (1) deposit $10,000 in cash, stocks, or bonds with the State Treasurer [34] who will issue a receipt [35] or (2) obtain a motor vehicle liability bond equal to the state minimum limits.
The minimum coverage defined by German law for car liability insurance / third-party personal insurance is €7,500,000 for bodily injury (damage to people), €500,000 for property damage and €50,000 for financial/fortune loss which is in no direct or indirect coherence with bodily injury or property damage. [24]
In the summer of 1993, SafeAuto began in its original headquarters on Goodale Boulevard and specialized in providing auto insurance to those individuals who needed state-minimum coverage. SafeAuto is now a leader in direct to consumer minimum-limit insurance across 20 states. SafeAuto was acquired by All State via National General June 1, 2021. [3]
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