What are the different kinds of automobile insurance coverages?
• Liability coverage Currently Texas law requires that every driver in Texas possess minimum liability coverage in an amount of $20,000.00 per person for bodily injury claims and up to $40,000.00 per incident for all bodily injury claims by all injured parties. Texas law further requires that each driver possess at least $15,000.00 in insurance for property damage regardless of the number of vehicles that are damaged in an accident. As of April 1, 2008, Texas law has changed and the new law requires that each driver carry $25,000.00 per person for bodily injury claims and up to $50,000.00 per incident for all injured parties regardless of the number of parties injured. Uninsured/Underinsured Motorist Coverage Under Texas law an insurance provider is required to provide uninsured/underinsured motorist coverage to all potential policyholders. If an insurance carrier does not provide UM/UIM coverage it is required to have on file a written and signed waiver of these coverages by the indiv
