What Every Driver Should Know : Introduction
Driving is more than just a daily necessity—it’s a major responsibility. Having the right auto insurance ensures you’re financially protected in case of an accident, and it’s also required by law in Texas. But with so many coverage options, understanding what’s best for your needs can feel overwhelming. At Galloway Insurance, we’ve been helping drivers in Burnet, Horseshoe Bay, and Marble Falls choose the right policies for decades. Here’s everything you need to know about auto insurance and how it can protect you on the road.
What Is Auto Insurance and Why Is It Important?
Auto insurance is a contract between you and your insurance company. You pay a premium, and in return, your insurer helps cover the costs of accidents, theft, or damage to your vehicle. Without insurance, you could face significant out-of-pocket expenses, from vehicle repairs to medical bills and legal fees.
In Texas, all drivers must carry a minimum level of liability coverage to cover damages or injuries they may cause to others. However, minimum coverage doesn’t protect your own vehicle, which is why additional coverage options are important to consider.
What Are the Types of Auto Insurance Coverage?
Here’s a breakdown of the main types of coverage and what they protect:
- Liability Insurance
- Covers injuries and property damage you cause to others in an accident. Required by Texas law.
- Does not cover your own injuries or vehicle damage.
- Collision Insurance
- Covers the cost of repairing or replacing your car if it’s damaged in an accident, regardless of who is at fault.
- Comprehensive Insurance
- Covers damage from non-collision events such as theft, vandalism, hail, or falling objects.
- Especially useful in areas prone to severe weather, like Marble Falls and Burnet.
- Uninsured/Underinsured Motorist Insurance
- Protects you if you’re hit by a driver who doesn’t have insurance or whose coverage is insufficient.
- In Texas, nearly 8% of drivers are uninsured, making this an essential add-on.
- Personal Injury Protection (PIP)
- Covers medical expenses, lost wages, and other costs for you and your passengers after an accident, regardless of fault.
How to Choose the Right Auto Insurance Coverage
Finding the right coverage depends on your needs and driving habits. Here are a few tips:
- Talk to an Expert: Our local agents in Burnet, Horseshoe Bay, and Marble Falls can help you understand your options and customize a policy that works for you.
- Assess Your Vehicle: If you drive a newer or high-value car, comprehensive and collision coverage is highly recommended.
- Consider Your Commute: Long-distance or frequent drivers may benefit from higher liability limits or uninsured motorist coverage.
- Set a Budget: While affordability is important, cutting corners on coverage could leave you vulnerable in the long run.
Common Auto Insurance Discounts
Saving money on your auto insurance is always a bonus. Ask about these discounts:
- Safe Driver Discounts: For maintaining a clean driving record.
- Multi-Policy Discounts: Bundle your auto insurance with homeowners or renters insurance.
- Good Student Discounts: For young drivers with good grades.
- Telematics - Driver specific data.
Protect Yourself and Your Vehicle Today
At Galloway Insurance, we’re committed to helping you stay protected on the road with personalized service and local expertise. Whether you’re a new driver or looking to switch providers, our team is here to help. Contact us or stop by one of our offices to get started on a policy tailored to your needs.