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Sunday, March 15, 2009

Minimum Requirements for San Antonio Auto Insurance

By J. Lee

San Antonio Auto Insurance In San Antonio, auto insurance is readily available to those who operate motor vehicles within the state. The state does require all drivers and car owners to have adequate coverage on any vehicle. It is essential to follow thes

San Antonio Insurance Requirements. Liability coverage is necessary for any individual who operates a vehicle in the state and on any vehicle that is used on any Texas roads. Liability insurance is the minimum requirement for individuals to have. This includes $20,000 worth of personal injury coverage per accident, $40,000 worth of insurance to more than one person and at least $15,000 worth of property damage protection.

This minimal amount of insurance only protects other individuals who may be injured or face damage to their property due to an accident you have caused. It does not protect your vehicle. This could mean a total loss in a serious accident.

Also, if your vehicle is financed by a lender, you are required by the lender to carry San Antonio Auto Insurance. This is to protect the lender from any loses associated with their investment in your loan. Majority of lenders will require you to have full coverage before they give out the loan.

In San Antonio, auto insurance is necessary beyond these legal standpoints. If you were to be involved in a car accident without anything other than the legal requirements listed here, you would not receive any coverage or payout for your own vehicle or your own damage. For this reason, it is highly advisable that you work with an insurance provider to learn what other types of auto insurance you should be carrying.

There are many options for San Antonio Auto Insurance. The best one is the one that fits your budget as well as it covers all the necessary damages that might happen in an accidents. If you do not know what the coverages are, you might be giving the insurance agents free money.

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