Comparing Liability vs Full Coverage for Drivers in Texas

Texas drivers who compare liability vs full coverage options can better determine the right protection to meet their needs. But there are many options for auto insurance in Texas available and deciding what is right for you can often feel complicated.

All drivers need car insurance and are looking to get their protection for the cheapest price possible. Liability coverage is mandatory according to Texas law, but other protections, such as full coverage, may help you save money in the long run.

Learn the key differences between liability and full coverage and which one can best benefit you and your vehicle.

What Is Full Coverage vs Liability in Texas?

Understanding how you are protected is important. Here’s a breakdown of liability vs full coverage for drivers in Texas:

Liability Coverage

In Texas, liability coverage falls under two categories:

• Bodily Injury Coverage protects you in the event you are in an automobile accident and at fault by paying to restore the medical costs for the affected party.
• Property Damage Coverage will help you restore the personal property of another party if you are the cause of a car accident.

Both are required in Texas and can provide you with a baseline of coverage, but there are also some notable issues with liability-only coverage:

• If your vehicle is damaged outside of an accident, liability doesn’t cover you. For example, if your vehicle suffers from flood damage or a tree were to fall on it.
• While your liability coverage will restore another party, the damage to your vehicle falls under your responsibility.

These are important considerations when comparing liability vs full coverage as only carrying liability coverage can leave you without vital financial safeguards.

Full Coverage

Full coverage auto insurance includes the protection you get with a liability-only policy but expands upon it with additional coverages. A major benefit of these coverages is that they are in place to help restore your own vehicle.

On top of liability, here are the other two coverages that make up full coverage car insurance in Texas:

• Comprehensive Coverage delivers protection against the many perils that your vehicle may face that don’t involve driving.
• Collision Coverage helps you restore your vehicle after a wreck, even if you are at fault.

All three coverages together don’t provide blanket coverage, however, they do work together for a more complete form of protection.

Liability vs Full Coverage Deductibles

Coverage isn’t the only thing that is different between full coverage vs liability. Deductibles are the financial responsibility of you as a driver before your auto insurer provides compensation. Here’s the difference between the coverages:

• Liability coverage doesn’t come with a deductible.
• Comprehensive coverage deductibles come in $500 intervals reaching around $500 to $1,500 on average.
• Collision coverage also has deductibles and can be as low as $200 or even as high as $2,000.

It’s important to note that the higher your deductible is, the more you’ll have to pay after an accident, but your monthly premiums will be lower.

This is a great way to offset some of the increased costs associated with full coverage vs liability car insurance all while remaining covered against a wider range of perils.

 

How Much Cheaper Is Liability vs Full Coverage for Texas Drivers?

Liability coverage is cheaper on its own but may cost you in the long run. You can also save by purchasing multiple policies, raising the overall price, but making each coverage cheaper in the process.

Texas drivers face some of the highest auto insurance costs in the country for many reasons including the increased risk of getting in an accident, faster speed limits, longer commutes, etc.

Because you’re more likely to get in an automobile accident in the Lone Star State, you’ll have higher premiums, but you also have more reasons to stay better protected.

Either way, car insurance companies all assess risk and while each brand uses its own methods to determine risk, the more risk you have, the more you can expect to pay.

Drivers can save by comparing auto insurance policies, bundling, and finding the best discounts available.

This is why we work with over 25 top-rated auto insurance companies to deliver our clients the best insurance products at the lowest price available.

On average, customers enrolled with Freedom Insurance Group save 40% on their auto insurance policies.

To see how much you can save, get a free online auto insurance quote using our online tool. You can receive an accurate quote, quickly, using only a few clicks!

 

Do You Need Full Coverage in Texas?

While not required by law, there are many drivers in Texas that can benefit from the protection of full coverage:

Owners Who Are Financing

You may not be required to carry full coverage by the law, but lenders will often make it a requirement.

If you are purchasing a vehicle through financing, be prepared to enroll in full coverage auto insurance.

Furthermore, drivers who lease their vehicles will likely be required to acquire full coverage for the same reasons.

Drivers With New Vehicles

If your vehicle is 10 years old or newer, full coverage is an excellent option. Because the cost of repairing a newer vehicle is often much more expensive, full coverage vs liability only is preferred as you’ll be covered against more potential perils.

Young Drivers

No matter how you slice it, younger drivers are the most accident-prone group in Texas. Collision coverage doesn’t take into consideration who is at fault and can help you restore your vehicle.

If there is a young driver in your household, full coverage can help you forgo lofty repair costs in the event of an auto accident.

A Large Financial Hurdle Would Be Burdensome

Automobile accidents can cost tens of thousands of dollars easily and without the right coverages in place, you could be stuck paying for them on your own.

The full coverage vs liability cost difference per month is much more affordable than spending a large sum of money all at once in the aftermath of a car accident.

Additional Protection Options With Liability Only vs Full Coverage in Texas

If you’re comparing liability insurance vs full coverage, you’re going to determine that regardless of any other factors, liability only can leave you paying out of pocket for many different reasons.

Auto insurance should be fit to meet the needs of the individual. Every driver’s needs are different and your protection should reflect this. Here are additional coverage options, drivers in Texas with full coverage can enjoy:

• Gap Coverage in Texas pays for the rest of your note if your vehicle is totaled.
• Underinsured/Uninsured Motorist Coverage to protect against drivers with inadequate coverage.
• Roadside Assistance can help you with towing or minor repairs while out on the road.
• Medical Payments Coverage or PIP Coverage are options for drivers looking to cover the medical expenses for themselves and their passengers after an accident.

In the end, whether it’s comparing liability vs full coverage car insurance or deciding on other forms of coverage, assessing your personal risk tolerance with a licensed auto insurance agent is the best way to determine which coverages are important for your needs.

How To Compare Liability vs Full Coverage With Ease in Texas

Finding the best auto insurance coverage for the lowest rate is easier than you think. Drivers in Texas should compare their rates to identify the best option for their needs, and we’re here to help.

We work for you the client rather than any singular brand and have been delivering the best option for our clients since 2005. This includes keeping you legal or protecting more with cheap full coverage and more.

By using our partnerships with some of the best insurance brands in Texas, we continue to have a wider range of insurance solutions at the lowest price on the market.

Contact us today to compare liability vs full coverage for your needs and find the best protection at the lowest price possible.