Why is Auto Insurance Important?

It’s best to have it and not need it

Auto insurance is important because anyone can have a car accident.  That’s why they are called accidents. If we saw them coming and we could avoid them, then we wouldn’t need the insurance. Like the “Boys Scouts” motto: Be Prepared.

You could be one of the lucky ones that have never been involved in a car accident, but you never know how long your luck will last. 

It’s always best to be Covered.

You’ve probably heard people say, “Better to have and not need, than to need and not have”.

An accident, depending on its severity, can be extremely costly in terms of auto repairs, medical expenses, and even legal fees sometimes.  You should also cover yourself in the case you were involved in accident with an uninsured motorist.

In the state of Texas, minimum liability coverage is required. This insurance will cover the damages and medical expenses of the person/people you have hit (up to your policy limits).

How to get the best premium for your auto policy

Your auto insurance premium depends primarily on 1. Your driving record and 2. Your Insurance score. Your insurance score is a number based somewhat on your credit score.  If you have excellent credit, you will probably have a very good insurance score.

Other factors which will affect your premium is having prior insurance. That’s why having CONTINOUS insurance is so important. If you’ve had lapse of insurance of over 30 days, you are looked at as having had no insurance ever.

Make sure you speak to your agent and let them know if there were reasons for not having insurance, like not owning a car, or if you just got your driver’s license.  These reasons may help you attain a better premium.

Multiple policy discounts also help decrease the premium.  If insure your home and auto with the same company, you will most likely be eligible for the multiple policy discount. Talk to your agent about bundling your policies and discussing any other possible discounts available to you.

Primary reasons to have Auto Insurance

Primary reasons to have Auto Insurance

These are the main reasons to have auto insurance

1. The State of Texas requires you to have minimum limits of Liability*
2. To protect financially against any possible losses*
3. Your auto lienholder most likely requires it
4. To cover your vehicle in case of damages*
5. Protect any passengers in the case they are hurt*
6. Will provide rental car coverage in the event of an accident*

*The State of Texas requires only minimum liability coverages and some of the coverages listed above are separate coverages and may have specific coverage limits.  Please consult with your agent to make sure you are insured with all these coverages.  (Read” The myth that is “Full Coverage”)

As you can see, it is very important to have car insurance. More importantly, I think you should have a local agent that can guide you with the coverages that will best suit you.

If you like this type of service and would like to have such service yourself, you are in luck.  We are here to help you. Join our customer base today.

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Find out how we can help insure you with more accurate coverages customed just for you. Call me or send me an email with any questions!

Katleen Huybrechts Muñiz  

Insurance Agent

Maximum Insurance Solutions Group

Katy, Texas