Vehicle Insurance Laws Fort Worth, Texas TX

Reader’s Question:

What are the vehicle insurance laws here in Fort Worth, Texas?

Bill

Fort Worth, TX

Basically, those who drive in Fort Worth, Texas are given the responsibility of paying for any vehicle, person/s or property, which have been damaged during an accident where that person is involved and is found at fault. This law is stated in the Texas Transportation Code under Section 601 titled “Motor Vehicle Responsibility Act.” In this section, it is stated that a driver should comply with the financial responsibilities required by the law in order to be able to drive. These responsibilities include an insurance policy for a motor vehicle, a security bond recorded under Section 601.121, a security bond under Sections 601.122 and 601.123, and a personal insurance to comply with Section 601.124.

Any one of these financial requirements must be settled by any driver driving in the state. Typically, drivers choose to secure insurance policies over the other financial settlements. However, TX law requires that if a driver opts to get insurance, the policy should have a minimum coverage of $25,000 for body injury, $50,000 for vehicular damage, and $25,000 for property damage. A person found to be violating any of the financial responsibilities stated by the law may face some serious penalties. On the first conviction, a person may be asked to settle a fine between $175 and $350. Any succeeding convictions may result to fines from $350 to $1,000, driver’s license suspension, or vehicle impoundment.

 

Tags: auto insurance, car insurance law