What is The Required Texas SR22 Auto Insurance Coverage?
Reader question:
What type of coverage am I required to have on my Texas SR22 auto insurance policy?
Mary
Great question, Mary.
Even though having to file a Texas SR22 auto insurance form confers higher risk on you, you are not required to have any extra insurance coverage in addition to the coverage you were required to have before you had to get Texas SR22 auto insurance coverage. The only difference between Texas SR22 auto insurance and a regular auto insurance policy is that the Texas SR22 auto insurance will almost always cost more than your regular car insurance policy.
Your Texas SR22 auto insurance policy should have the following types of coverage:
- $20,000 of bodily injury liability for a single person
- $40,000 of bodily injury liability for more than one person
- $15,000 of property damage liability
What you should consider when buying your Texas SR22 auto insurance policy is whether or not the required types of insurance coverage are enough to cover you in a jam. While you are only required to have these limits of coverage on your Texas SR22 auto insurance policy, if you want to have extra protection then many car insurance companies suggest that you get your Texas SR22 auto insurance coverage more along the lines of a hundred thousand for bodily injury for one person, three hundred thousand for multiple people, and another hundred thousand for property damage liability.
Even if your car is not in operating condition, Texas SR22 auto insurance law requires that you have a policy for it with the minimum liability requirements. If you don’t, then not only could you get hit with high fines for failing to prove financial responsibility, but you could also have your license suspended again.
Cheers,
Fashun Guadarrama.
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