What would happen if I do not have auto insurance in Austin?

Anyone that is in the Austin, TX area will find that owning a car is quite convenient. Those that would like to buy a car when they are here do need to make sure that they have the right insurance in place. An auto insurance plan is required for all drivers here. If you do not have coverage, you could face a variety of challenging situations. 

Legal Challenges

One situation that could occur if you do not have auto insurance is that you could face legal challenges. In the state of Texas, all people are required to have liability coverage whenever they drive a car. If you are driving without insurance and are caught without auto insurance, you could be penalized. Depending on the situation, this can include fines, loss of licensure or other penalties. 

The expense to Make Repair or Pay Restitution

An auto insurance plan is important as it offers financial protection if you cause an accident and need to pay restitution or if your car is damaged or stolen and needs to be repaired or replaced. If you do not have coverage, you will still be responsible for all of these costs. This could require that you come out of pocket a significant amount of money, which you may not have access to. 

Those that are going to get own a car in Austin, TX clearly need to have an auto insurance plan. When you are looking for a new policy for your vehicle, a great company to reach out to is TAB Insurance Agency LLC. The team with TAB Insurance Agency LLC understands the need to have auto coverage. They will give you the help you need to choose a plan that is right for you and meets your needs. 

Should You Get Additional Auto Insurance for Long Distance Travel?

Whether you are planning to travel a long distance for the holidays or just take a road trip in the Spring, you might want to consider if your current auto insurance is adequate. An agent from the TAB Insurance Agency LLC of the Austin, TX area can advise you based on your circumstances. 

Is there a specific type of insurance for long-distance travel?

Depending on the company, there may be an actual road trip policy you can get. Otherwise, you’ll at least want to make sure that you have more than just the minimum liability that is required by every state. For instance, you’ll want to know that your policy includes a sort of broadening clause so that you’re covered when driving in other states than where you got your insurance.

Supplemental Insurance Needs

You don’t want to think about it, but you may end up getting into an accident or having some kind of mechanical failure. When this happens, it’s important that you have good roadside assistance. Some plans will only tow your vehicle a certain distance, so you’ll want to see about adding onto your roadside policy through an insurance provider or the manufacturer if you’re under the warranty still. Car issues are bad enough when you’re trying to enjoy yourself on a trip, but it will give you some relief when you know you don’t have to worry about having your vehicle transported somewhere for repairs.

At TAB Insurancy Agency LLC, we are proud to serve our regular customers and welcome new customers of the Austin, TX area and beyond. If you have any questions about our offerings or how we can help you, reach out today.

5 Auto Insurance Questions to Ask Your Agent

When it comes to auto insurance, having the right policy is very important. If you don’t have a good policy from a trusted company, you could find that your level of coverage isn’t what you’d really like to have. Fortunately, at TAB Insurance Agency LLC, we’re committed to making sure all our Austin, TX clients have the insurance policies they need to properly protect their vehicles. With that in mind, here are five questions you should be asking your car insurance agent, so you can get the policy you need and be an informed consumer.

1. Does the kind of car you have affect the type of policy you can get?

2. When should you consider a review of your car insurance policy?

3. Can your agent answer all the questions about policies so you can make an informed choice?

4. Who is covered on your policy and is anyone excluded from coverage?

5. Who can you talk to if you need quick answers or you have to make a claim?

The more you know about the auto insurance policy you have or are getting, the better off you’ll be. If you’re in the Austin, TX area, TAB Insurance Agency LLC can give you the information you need to get the right policy for your vehicle. Come see us today, or give us a call, and let our agents help you get your vehicle insurance questions answered the right way. You deserve a good quality policy from a company you can trust, with agents who will be there to help you. We want to make sure you get all of that when you come to us. Our agents want to be sure your vehicle is properly covered, and you can enjoy peace of mind while driving it, no matter where the road takes you.

What You Need to Know About Car Insurance in Austin, TX

Moving to Austin, TX, or purchasing a car there for the first time? You’re probably wondering what type of car insurance you’ll need. While Texas Law mandates liability coverage, you may have to obtain additional coverage depending upon your situation. For example, if you take out a car loan, you may need to add comprehensive and collision coverage to your policy.

Purchasing a Vehicle

If you currently live in Austin, TX, and recently purchased a new or replacement vehicle, you may not need to take out a new policy right away. You can transfer your existing policy to a replacement vehicle if you’ve traded in your old one. However, you’ll want to check with your insurance agent to make sure your existing policy meets coverage requirements for the replacement vehicle. When you purchase a new, additional car, it will be covered by your current policy for 20 days.  

Coverage Types

Car insurance policies in Austin, TX, available from agencies like TAB Insurance Agency, LLC, can contain one or more coverage types. Those types include:

  • Liability
  • Collision
  • Rental reimbursement
  • Roadside assistance and towing
  • Comprehensive
  • Medical payments
  • Personal injury protection
  • Uninsured/underinsured motorist

Before making a decision on which types of coverages to add to your policy, you’ll want to speak to an insurance agent about your situation and needs. If you’ve taken out a car loan, check with your lender for coverage requirements. If you decide only to take out liability coverage on your vehicle, Texas Law requires a minimum of 30/60/25 coverage. This includes $30,000 for injuries, $60,000 for each accident, and $25,000 for property damages. 

Ready to learn more about your car insurance options? Contact TAB Insurance Agency, LLC now! 

How Do You Insure Both a Motorcycle and an Automobile?

If you live in Texas and you have or are considering getting an auto and a motorcycle, here are some tips that will help. Work with your agent at TAB Insurance Agency, LLC serving Frisco, TX and the surrounding communities, to make sure you get adequate insurance coverage.

Minimum Auto Insurance Coverage Limits

Texas has minimum auto insurance requirements for injuries. These minimums are both for each person who is harmed ($30,000) and in total for each accident ($60,000). There is also a minimum requirement for damage to property ($25,000).

Typically, auto insurance also comes along with personal injury protection (PIP) of $2,500, which may help if the person who caused the accident in driving illegally without proper insurance. PIP coverage is optional; however, it will be included unless you actively take steps to reject this extra protection.

Minimum Motorcycle Insurance Coverage Limits

The minimum insurance requirements for motorcycle insurance are the same as for autos, which are injuries ($30,000), the total for each accident ($60,000), and damage to property ($25,000). PIP does not come with motorcycle insurance unless you request it.

More than the Minimums

Getting just the minimum coverage is not enough for most people. The minimum insurance requirements do not adequately cover the vehicle of the driver that caused the accident. It is a better idea to cover your auto and motorcycle with comprehensive coverage for the cost of replacement repairs if it becomes damaged.

Additionally, Texas is an “at-fault” state. This means that the person(s) who caused the accident can be held responsible for the cost of all the injuries and damages, even if these costs exceed insurance coverage limits.

Conclusion

Be sure to get adequate coverage to reduce financial risk and the vulnerability of losing a lawsuit for causing an accident. Contact your agent at TAB Insurance Agency, LLC in Frisco, TX by calling 972-377-9464 to get an insurance review and a quote for motorcycle and auto insurance.

What Does Classic Car Insurance Cover?

In some circles classic and antique are synonymous. The fact is an antique car is normally 25 years old or older, while a classic car is normally 14 to 24 years old. The agents of TAB Insurance Agency LLC are always there to answer questions about classic car insurance. If you are a classic car owner and live in Austin, TX, you can have all of your questions answered about classic car insurance answered in just a few minutes.

Not Your Daily Driver

One of the things that will determine whether or not your classic car can be covered under a classic car policy is how often you drive it. In most cases, if you use it as your daily driver, it won’t qualify for this type of insurance. Driving it occasionally is fine. Certain policies, however, require that the miles driven per year be kept under a certain amount. This reduces your risk of an accident and saves wear and tear on the vehicle. 

Higher Value, Less Liability

While you still need to have the amount of liability insurance required by the state, classic car insurance is more about protecting your investment. Classic cars that have been fully restored will normally hold a higher value than other vehicles. This will make it more expensive to repair or replace parts that are damaged if an accident occurs.

Residents of Austin, TX who own classic cars and want to make sure they are insured as such can turn to the agents of TAB Insurance Agency LLC for all of their insurance needs. Call and schedule an appointment today to make sure your classic car is fully protected at all times. 

Insuring your Teen Driver, Coverage to Consider

Virtually every insurer requires you to include all family members with a license on your insurance, even if they don’t drive your car. Make sure to tell your insurer when your teen gets a learner’s permit. You don’t have to list them until they are licensed. If you aren’t sure whether you need to include a teen driver on your policy in Frisco, TX, call TAB Insurance Agency, LLC for more information. In the meantime, here’s some information to start you out.

Divorced Parents of Teen Drivers

For divorced parents with part-time custody, the coverage policies vary by insurer. The best case scenario is that the parent with primary custody insures the new driver, but sometimes both have to. You can get an exclusion to avoid paying an extra premium in certain circumstances. However, if your teen driver gets into an accident, they aren’t covered.

Most of the time, it’s cheaper to add teens to your policy than to leave them off and get them their own insurance. 

Choose a Car That is Insurance Friendly

One way to save money when insuring teens with their own car is to make sure the vehicle you buy is safe. This keeps down the cost of insurance because insurers take the safety record of the make, model, and year of your vehicle when they set premiums. If there are several vehicles in a household, assign your teen driver to the one with the cheapest value, since the value of the vehicle is another important factor used to determine your insurance rates.

If your child is going to buy their own car, you can check out the safety ratings on the IIHS’s website, which provides insurance losses by make and model. Older vehicles with fewer auto insurance losses usually have lower premiums and provide more coverage if your teen is in an accident.

Call TAB Insurance Agency, LLC in Frisco, TX to find out what insurance options are available when insuring your teen driver.