What are the Texas car insurance laws about a car that is paid off?

What are the Texas car insurance laws about a car that is paid off?
by

1 Answer

Answer :

While making payments on a car, the company who you purchased it from may also be held responsible for any accidents you have while in it. For this reason, they require you to have insurance. Once you pay off the car, though, you are still required by Texas state law to hold a minimum amount of insurance coverage. In Texas, this minimum is called 30/60/25 coverage.
by

Related questions

Are Texas car insurance laws any different than the laws that most states have?

Description : Are Texas car insurance laws any different than the laws that most states have?

Last Answer : Texas, like all other states, requires that drivers carry insurance. Each state sets the standards for the minimum amount of coverage. In Texas, this rate is called "30/60/25 coverage," which specifies ... that are not financed. You can read more: http://www.tdi.texas.gov/pubs/consumer/cb020.html

Where can I go online to read the Texas car insurance laws?

Description : Where can I go online to read the Texas car insurance laws?

Last Answer : Please go to www.tdi.Texas.gov/auto. There you will be able to find all the information you need on Texas car insurance laws.

Secrets to Saving Big On Your Texas Car Insurance Quote?

Description : Secrets to Saving Big On Your Texas Car Insurance Quote?

Last Answer : Everyone needs some form of auto insurance in order to be ableto legally operate their vehicle. And for most people, that expenseis one they'd rather lower, but the problem is they don't know how.There ... shops which have special tools and equipment.So if you're shopping for a new car you may wa

Who has cheaper car insurance than Geico in Texas?

Description : Who has cheaper car insurance than Geico in Texas?

Last Answer : The main competition for Texas is Progressive auto insuraunce, and Safe Auto. It depends on the person, so it may not end up being cheaper. Typically one of the two will have a better quote ... my car insuraunce quote for Geico then again for Progressive, Progressive won by 11 dollars a month.

What is meant by classic car insurance in Texas?

Description : What is meant by classic car insurance in Texas?

Last Answer : Classic car insurance is for vintage vehicles of a certain age and driven by owners of a required age. These vehicles are usually driven for show purposes.

What is meant by Texas liability car insurance?

Description : What is meant by Texas liability car insurance?

Last Answer : Texas Liability insurance simple put is insurance that will cover the other driver's bills if you get into an accident. It will not cover the cost of getting your own car fixed or any medical bills you have.

Am I required to carry PIP car insurance in Texas?

Description : Am I required to carry PIP car insurance in Texas?

Last Answer : Insurance companies in the state of Texas are required to offer you PIP insurance, and you can refuse to purchase this. In the state of Texas, you are required to pay any damages you make in an accident so PIP is handy just in case.

What were the laws of Texas 1950?

Description : What were the laws of Texas 1950?

Last Answer : Need answer

Are the overtime laws in Texas different than the federal FSLA guidelines?

Description : Are the overtime laws in Texas different than the federal FSLA guidelines?

Last Answer : The overtime laws are not different from the FSLA guidelines. All states must follow them.

What are the laws for Texas on overtime and comp time?

Description : What are the laws for Texas on overtime and comp time?

Last Answer : In general, for Texas it is illegal to offer comp time to workers rather than paying them overtime. Overtime is governed by federal, not state laws, and can be reviewed at http://en.wikipedia.org/wiki/Overtime.

Do the laws about car insurance North Carolina say I have to have insurance on my car?

Description : Do the laws about car insurance North Carolina say I have to have insurance on my car?

Last Answer : In most states, including North Carolina, you still have to maintain some form of car insurance coverage. If the car is paid off you can drop your policy from full coverage to liability insurance.

What's the difference of Virginia car insurance laws from the other states?

Description : What's the difference of Virginia car insurance laws from the other states?

Last Answer : To find out the difference between Virginia State insurance laws and other state insurance laws, contact the local governments website and visit its insurance policy page. It should have all the information you need.

What are the New Jersey Car Insurance laws?

Description : What are the New Jersey Car Insurance laws?

Last Answer : Read up on New Jersey insurance laws at the New Jersey government webpage, they will have detailed information on the laws and policies of state. They will vary from state to state, so it is wise to research and learn the laws before heading out on the road in that state.

Where can I learn about NJ car insurance laws?

Description : Where can I learn about NJ car insurance laws?

Last Answer : It would be recommended that you read and follow the rules of a top NJ based insurance company. This means learning the insurance laws, technicalities and statistics. As some states may differ in ... site, which could be found here; www.state.nj.us/dobi/division_consumers/.../everythingauto2006.pdf

Understanding Pennsylvania Car Insurance Laws?

Description : Understanding Pennsylvania Car Insurance Laws?

Last Answer : Drivers with currently registered vehicles in the state of Pennsylvania must carry liability insurance according to Pennsylvania car insurance laws. Car insurance protects other motorists driving on ... notify PennDot of insurance policy reinstatement. That is the responsibility of the driver.

Do Pennsylvania car insurance laws require you to have collision?

Description : Do Pennsylvania car insurance laws require you to have collision?

Last Answer : Yes they do. You will have to get at least get collision insurance if you want to drive a car in Pennsylvania. More insurance is good though.

Do Florida car insurance laws require moped insurance?

Description : Do Florida car insurance laws require moped insurance?

Last Answer : In the state of Florida mope riders are not required to have Personal Injury Protection insurance. However, the state does recommend being well insured.

Do Georgia car insurance laws mandate under insured driver insurance?

Description : Do Georgia car insurance laws mandate under insured driver insurance?

Last Answer : The state of Georgia, like all other states, requires that all drivers carry no less than minimum coverage, which is detailed here: http://personalinsure.about.com/cs/vehicleratings/a/ ... Under Insured Motorist coverage: http://www.auto-insurance-claim-advice.com/Georgia-insurance-laws.html

How do California car insurance laws treat mopeds?

Description : How do California car insurance laws treat mopeds?

Last Answer : In California, mopeds are classified whether they are capable of speeds exceeding 30mph or 20mph. The faster mopeds require a M1 or M2 license. The slower mopeds do not require a license but have other financial requirements.

Have bankruptcy laws changed recently so that the debt needs to be paid back now?

Description : Have bankruptcy laws changed recently so that the debt needs to be paid back now?

Last Answer : answer:The whole point of bankruptcy is that your assets cannot repay the debts you have, so complete debt repayment is not required. The major point that many people miss is that bankruptcy offsets ... on their credit reference file will struggle to get any kind of credit in the foreseeable future.

my dad co signed on my first car, I financed it for four years and paid it off in two. Someone told me that i recieved no credit for the payoff being that my dad co signed. Is that true? Did my dad get the credit for that and I got the short end?

Description : my dad co signed on my first car, I financed it for four years and paid it off in two. Someone told me that i recieved no credit for the payoff being that my dad co signed. Is that true? Did my dad get the credit for that and I got the short end?

Last Answer : Unfortunatly that is how it works. The reason is because his credit was on the line the whole time not yours. If you defaulted it only would affect him not you. Don’t blame your Dad though he has nothing to do with how credit works. He was helping you out.

Texas State Auto Insurance Law Question (see details).

Description : Texas State Auto Insurance Law Question (see details).

Last Answer : no, you are not covered Yes, you will be liable the only way to move it legally is to tow or haul.

Texas Auto Accident - Which insurance company do you make a claim against?

Description : Texas Auto Accident - Which insurance company do you make a claim against?

Last Answer : You call your own company and get a police report.

Can you get insurance in Texas on a branded title on a automobile?

Description : Can you get insurance in Texas on a branded title on a automobile?

Last Answer : Yes, but the branded title must state that the car has beenrestored or repaired.

Who is the best rated PPO health Insurance provider in Texas?

Description : Who is the best rated PPO health Insurance provider in Texas?

Last Answer : Blue Cross Blue Shield of Texas is one of the top. Another highly rated insurance is AETNA.

What company sells cheap auto insurance in Texas?

Description : What company sells cheap auto insurance in Texas?

Last Answer : State farm is a good company with good prices.

Where can I find a good auto insurance quote in texas?

Description : Where can I find a good auto insurance quote in texas?

Last Answer : You can get an auto insurance quote for your area in Texas at www.4insure.net/ or www.autoinsurancequotes.com/ . Some cheap auto insurance companies with good service in Texas are Allstate, Progressive, and State Farm.

Add PIP Coverage To A Texas Auto Insurance Policy?

Description : Add PIP Coverage To A Texas Auto Insurance Policy?

Last Answer : Drivers in Texas are required to carry liability insurance protection. Personal injury protection or PIP is not mandated by state law but provides an additional layer of protection when an accident involves ... customer has a good driving record and has filed few or no claims over the years.

Decide If Texas Vehicle GAP Insurance Is Needed?

Description : Decide If Texas Vehicle GAP Insurance Is Needed?

Last Answer : A vehicle begins to depreciate in value the moment it is driven off the dealer lot. In fact most insurance adjusters assume a 10 percent decrease in value even if the car has been driven less than 1, ... for the insurance company to process the claim. This does not apply if the car can be repaired.

how much is uninsured motorist insurance in Texas?

Description : how much is uninsured motorist insurance in Texas?

Last Answer : On average, in the state of Texas, and uninsured motorists insurance rate is up to 1000 to two thousand dollars a month, depending on age and gender.

Who is responsible for enforcing a states insurance laws?

Description : Who is responsible for enforcing a states insurance laws?

Last Answer : What is the answer ?

What states have no-fault insurance laws in the case of an auto accident?

Description : What states have no-fault insurance laws in the case of an auto accident?

Last Answer : Well, there are a number of states that have this in effect, which include amoungst other, 'Puerto Rico and nine participating states including Florida, Hawaii, Kansas, Michigan, Massachusetts, ... follows: >http://www.carsdirect.com/car-insurance/what-states-have-no-fault-auto-insurance-laws

Auto Insurance Laws and Regulations in Minnesota?

Description : Auto Insurance Laws and Regulations in Minnesota?

Last Answer : The state of Minnesota could be considered a somewhat special case when it comes to auto insurance requirements. In this case, drivers are required to have policies for numerous types of ... necessary, and drivers should think of taking out much larger policies than the minimum requirements.

Would you have gene testing if it was affordable or even paid for by your insurance?

Description : Would you have gene testing if it was affordable or even paid for by your insurance?

Last Answer : I’ll only have it done with assured future privacy, which doesn’t exist. Insurance companies are looking for pre-existing conditions. Fuck them and their free tests.

I was the executor to my brothers will in Florida. The estate was close with the Order of Discharge about one year ago. Since then an insurance company contacted me and has $1,000 due to be paid to the estate.

Description : I was the executor to my brothers will in Florida. The estate was close with the Order of Discharge about one year ago. Since then an insurance company contacted me and has $1,000 due to be paid to the estate.

Last Answer : answer:I can't speak about legality, but you do have a moral obligation. And consider this: If the amount owed to the estate was actually $10 million, would there be a question? A large amount ... another ten minutes to address envelopes and stamp and mail. Take the hour to do the right thing.

Why do people think of Unemployment Insurance as a social benefit rather than insurance they have paid for?

Description : Why do people think of Unemployment Insurance as a social benefit rather than insurance they have paid for?

Last Answer : Back up the bus. Unemployment is totally employer funded. They may not be able to pay as much, but the employer has to pay minimum wage at least.

if I have a pass from a doctor for two days, will they be paid to me and will my insurance company be paid or will I pay for those two days myself?

Description : I'm on hpp. if I have a pass from the doctor for two days, they will be reimbursed I will get a refund or it is unpaid? and will my insurance company be paid or will I pay for those two days myself?

Last Answer : The doctor does not issue passes and not for two days at all. If a doctor's visit was required, the doctor could confirm it to you for two days in a row. In that case, you should be reimbursed for everything

(i) Rent paid A/c (ii) Prepaid Insurance A/c (iii) Carriage Outwards A/c

Description : (i) Rent paid A/c (ii) Prepaid Insurance A/c (iii) Carriage Outwards A/c

Last Answer : Classify the following accounts under the types of Personal, Real, and Nominal accounts : (i) Rent paid A/ ... c (v) Profit on sale of machinery A/c

How much does an insurance adjuster get paid?

Description : How much does an insurance adjuster get paid?

Last Answer : Salaries for adjusters start at $35,000. These generally require a 4 year degree and salary ranges vary depending on company and region. The median salary of an insuarnce adjuster in 2008 was $55, ... are also often compentasted with bonuses, benefits and perks, such as a computer or company car.

how can I get two medical collection bills removed from my credit report because these two bills were to be paid by workers comp insurance co. please advise. thanks?

Description : how can I get two medical collection bills removed from my credit report because these two bills were to be paid by workers comp insurance co. please advise. thanks?

Last Answer : Go to where the medical service was provided. They will be able to give you papers that show the bills have been paid. Bring those papers into the local credit agency to have them remove them. You can even request the medical providor call in and have them removed.

Which of the following are not fixed costs? (1) Rent on land (2) Municipal taxes (3) Wages paid to workers (4) Insurance charges

Description : Which of the following are not fixed costs? (1) Rent on land (2) Municipal taxes (3) Wages paid to workers (4) Insurance charges

Last Answer : (3) Wages paid to workers Explanation: In economics, fixed costs are business expenses that are not dependent on the level of goods or services produced by the business. They tend to be time-related, such ... paid in wages, can often be varied, so this type of labour cost is a variable cost.

HSK, an LLP has taken keyman insurance policy on the life of its managing partner. The policy got matured on 13th September 2017 and an amount of rupees 75 lakhs was paid by the insurers to the Managing partner. The amount so received on maturity of the policy a. fully exempt under section 10(10D) b. 50% of rupees 75 lakh is exempt c. rupees 75 lakh is taxable d. rupee 25 lakh is exempt and Rs 50 lakh is taxable

Description : HSK, an LLP has taken keyman insurance policy on the life of its managing partner. The policy got matured on 13th September 2017 and an amount of rupees 75 lakhs was paid by the insurers to the Managing partner ... c. rupees 75 lakh is taxable d. rupee 25 lakh is exempt and Rs 50 lakh is taxable

Last Answer : c. rupees 75 lakh is taxable

Raman & Co., a Partnership firm, received Rs.5 lakh from Insurance Company under Keyman Insurance Policy consequent to demise of Partner Pramod. The amount of premium of Rs.230000 paid earlier was claimed as deduction u/s 37 by the firm. a) Tax-free u/s 10(10D) b) Fully taxable as Income c) Rs.270000 is taxable d) Rs.230000 is taxable

Description : Raman & Co., a Partnership firm, received Rs.5 lakh from Insurance Company under Keyman Insurance Policy consequent to demise of Partner Pramod. The amount of premium of Rs.230000 paid earlier was claimed as ... ) b) Fully taxable as Income c) Rs.270000 is taxable d) Rs.230000 is taxable

Last Answer : d) Rs.230000 is taxable

Which of the following are not fixed costs? (1) Rent on land (2) Municipal taxes (3) Wages paid to workers (4) Insurance charges

Description : Which of the following are not fixed costs? (1) Rent on land (2) Municipal taxes (3) Wages paid to workers (4) Insurance charges

Last Answer :  Wages paid to workers

Are those Texas momon cult kids better off in foster care or with their whacko mothers?

Description : Are those Texas momon cult kids better off in foster care or with their whacko mothers?

Last Answer : answer:This whole thing was kicked off by some 33 y.o. woman in Colorado calling the police and pretending to be a 16 y.o abused girl in the compound. The entire probable cause in this ... legitimate probable cause does eventually emerge, I think the kids should be returned with a great big apology.

I live in Texas zone 9 I want to prune back my plumeria How much can I safely prune off and what time of year

Description : I live in Texas zone 9 I want to prune back my plumeria How much can I safely prune off and what time of year

Last Answer : My plumeria is in a pot indoors.....I would like to know this answer also.....I too am in North Texas, zone 9 I believe.

why ate my small new lemons turning yellow and falling off they dont get ripe in Texas til November.

Description : why ate my small new lemons turning yellow and falling off they dont get ripe in Texas til November.

Last Answer : Maybe it is too dry or the soil doesn't have enough nutrients in it to support the additional little lemons. Water heavily every other day, but only if this area has good drainage. If it is clay type soggy soil, that may also be the problem.

when you pay off a car loan & cancel gap insurance who returns the money for that?

Description : when you pay off a car loan & cancel gap insurance who returns the money for that?

Last Answer : Need Answer

when you pay off a car loan & cancel gap insurance who returns the money for that?

Description : when you pay off a car loan & cancel gap insurance who returns the money for that?

Last Answer : My best guess would be the insurance company would refund any money that paid for coverage time not used.