What can we help you cover!
Bookmark and Share

Here’s a sliver of good news for people who may get involved in a car wreck in 2011 or after. The automobile insurance liability limits that were raised from the decades-old minimum of $20,000 to $25,000 in 2008 will increase again, to $30,000 effective January 1, 2011. This will be for policies written or renewed after that date.

The minimum limits in Texas have lagged behind inflation for many years, but are now at least showing some movement. The bad news is that this is the last increase mentioned in the law, and it will take a new law to increase the limits further.

The new limits are $30,000 per person, $60,000 per incident, and $25,000 for property damage.

Posted 11:41 AM

Share |


No Comments


Post a Comment
Name
Required
E-Mail
Required (Not Displayed)
Comment
Required


All comments are moderated and stripped of HTML.
Submission Validation
Required
CAPTCHA
Change the CAPTCHA codeSpeak the CAPTCHA code
 
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive


View Mobile Version

Our Customer Feedback

Our latest blogs

  • Carrier
  • Carrier
  • Carrier
  • Carrier
  • Carrier
© Copyright. All rights reserved. Powered by Insurance Website Builder