Do You Need Insurance Before Buying A Used Car in Texas?

Last updated: 3rd February, 2022

“Do you need insurance before buying a used car?” you might think. Keep in mind that all drivers should fulfill their state’s minimal financial obligations before purchasing a secondhand car. Otherwise, you risk inadvertently breaking the law.

If you live in Texas, this guide is for you. We have gathered some tips for you to get the most affordable car insurance in Texas. You can slash down your car insurance rates if you shop smartly and invest some time comparing various insurers’ quotes. Read to know more.

What is the minimum coverage requirement for car insurance in Texas?

Benzinga states that the minimum coverage requirement for car insurance in Texas are:

  • Bodily Injury: In Texas, you must have at least $30,000 bodily injury coverage per person and a total of $60,000 per accident.
  • Property Damage: You must have at least $30,000 coverage for property damage.

However, these are only the minimum coverage requirements. It may not be sufficient to cover your losses. Therefore, even the most affordable car insurance in Texas must have additional coverage to fulfill your requirement.

 

How much will the most affordable car insurance in Texas cost?

The average expenditure for car insurance in Texas is around $1096.82. However, the actual cost can be more or less depending on your risk factors. The most affordable policy for you is the one that will meet your coverage requirements and have a comparatively low cost. Make sure you find the reliable insurance agencies such as Renegade Insurance. You can now get the better insurance offer in the competitive price with no hidden cost or commission. Also, you can get the other information to get you covered in another state.

most affordable car insurance
do you need insurance before buying a used car

How to find the most affordable car insurance in Texas?

If you are new to the insurance industry, it might be a tough job for you to choose an insurer. Here are some tips that you can follow:

  • Firstly, you must ask for quotes and compare quotes of different regional and national insurance providers.
  • Secondly, you must study all the factors that will affect your insurance premium.
  • Thirdly, collect all information about your cars such as the history, model number, and VIN.
  • Once you compare quotes and finalize one insurer, you must build your policy. In this step, make sure that you pick only those coverage options that you need.
  • Next, you will get an approximate value for your premium. You can then ask for discount options from your insurer.

Lastly, finalize your policy and enjoy the coverage. However, make sure that you are not compromising on coverage to reduce your premium.

Frequently Asked Questions

Q. Can you drive without insurance if you just bought it?

Even if you’re only returning your new car from the dealer, you’ll need insurance for the journey. It is always a good idea to purchase auto insurance before purchasing a new vehicle.

Q. What kind of insurance should I get to buy a car?

It is technically possible to purchase a vehicle without insurance. Regardless of whether you buy a new or used automobile, you’ll need auto insurance to get it home – particularly, coverage that meets your state’s minimum liability insurance requirements.

Q. How long do you have to get insurance after buying a used car?

This insurance grace period usually lasts between seven and thirty days. In this circumstance, the best thing to do is notify your vehicle insurance company the same day so that they can add your freshly bought used car to your policy and remove your old car if you are not retaining it.

most affordable car insurance