60 Day Waiting Period on New Texas Auto Insurance Policies
When buying auto insurance in Texas, there’s a 60-day period after the policy is issued, called the “new policy underwriting period,” which allows the insurance company sufficient time to determine whether or not they want to accept you as a policyholder. During this underwriting period, they’ll do the research necessary to make sure that all…
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3 Things You Need to Know About Car Insurance in Texas
Drivers in the Lone Star State, like those in just about every state in America, are required by law to maintain a minimum amount of vehicle insurance. While all that’s legally required of your car insurance in Texas is liability coverage, there are numerous other types of coverage to consider. Liability protection, which provides benefits…
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Your Age and Its Affect On Car Insurance
Although high risk auto insurance may have the connotation of penalizing you for having done something wrong, such as accumulating too many tickets for moving violations, causing vehicle accidents or being arrested and convicted of DUI or DWI, there’s more to the classification than this simple explanation. Your Age: Too Young, Too Old Age can…
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Statistics Car Insurance Companies Track
High risk auto insurance is what insurance companies sell to drivers they classify as high risk because, statistically, these drivers are more likely to file claims against their policies. Some insurers won’t even write high risk auto insurance for what they consider to be unacceptably high risks and, when they do, the premiums will likely…
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