Why basic auto insurance may just not be enough

Texas like other states has basic amounts of insurance drivers in the state are required to carry. The basic amount is 30/60/25. $30,000 in injury coverage for one person and a total of $60,000 for all those hurt in a single accident and $25,000 for property damage. At Ledford Agency LLC in Midland, TX, our team is dedicated to helping our clients get the insurance they need. 

Basic auto insurance is just that basic. If it is all you can afford it is adequate but if you have assets, it may not be enough coverage to protect you. Liability insurance protects you from legal actions against you in addition to just the medical and property coverage. If there are multiple injuries, and you are at fault, you could find your assets in real danger. With liability coverage, it is safest to have as much as you can afford. You may even want to think about adding the protection of an umbrella policy. 

If you have a car loan or are leasing your vehicle you will be required to carry comprehensive and collision coverage.

If like most people you need your vehicle as a part of your normal life, having collision and comprehensive coverage is important even if you don’t lease or have a car loan. This coverage is on your vehicle and will protect you from damage due to an accident you cause and from other things you have no control over. If your car is stolen, that is where comprehensive coverage comes in. If your windshield gets a crack, you will be able to have it replaced. If hail damages your vehicle, you can bring it into the shop for repairs. 

If you need auto insurance or have questions about your coverage, contact Ledford Agency LLC in Midland, TX.