Good News to Start the New Year: Texas Raises Minimum Liability Limits Starting January 1, 2010
A new law goes into effect today that raises the minimum car insurance liability limits in the state of Texas from $25,000 to $30,000. This may not sound like that big of a deal, but believe me, it is a great new law. As a personal injury attorney, I handle car accident cases in the Ft. Worth/Tarrant County area and I see time and time again the following situation: a client of mine is seriously injured in a car wreck that was caused by someone else's bad driving, but the only compensation available is the minimum limits policy of the bad driver. That minimum limits policy must be used to pay for all the bills (ambulance, hospital, doctors.....). Oftentimes, that one policy is not enough to pay for all of the damages.
The new law, which applies to all auto liability policies renewed beginning today, is a big deal as it makes $5,000 more money available for those claimants who have claims whose value is equal to or exceeds the minimum limits. Since the cost of medical care is so high, many claims' value is well above the $30,000 amount. The extra $5,000 does not solve all problems, but it does help pay these bills and hopefully come closer to fully compensating the injury victim.
Just discussing the high cost of medical care reminds me to suggest (again) that everyone carry uninsured motorists protection. It's cheap and is great insurance to carry as it compensates YOU for your injuries if the bad driver has no insurance or does not have enough insurance. There are tons of uninsured drivers out there, so this is the best kind of insurance to carry.
If you have been hurt in a motor vehicle accident anywhere in the Dallas-Fort Worth area, feel free to call Fort Worth Injury Lawyer Mark Anderson at 817-294-1900. All consultations are free.
Comments
Wonderful post.
Posted by: sbo | July 6, 2011 10:27 PM
Its like you read my mind! You appear to know a lot about this, like you wrote the book in it or something. I think that you could do with some pics to drive the message home a bit, but instead of that, this is excellent blog. A great read. I will definitely be back.
Posted by: code de réduction | August 4, 2011 7:14 AM
Totally awesome.
Posted by: Kristina Chalaban | January 10, 2012 2:23 AM