Since Texas is home to so many licensed drivers it is important that a survey of Texas automobile insurance rates be conducted for the best prices for the State required and lender required insurance policies. With the all over the board rates of auto insurance these days online and in the physical brick and mortar agencies all across Texas it is best that you know a bit of the basics for just how these rates are constructed. Different companies offer different levels of coverage in the State of Texas but the statutory minimum limits of liability insurance in Texas are as follows.

State Required Texas Automobile Insurance
Bodily Injury (B I):
25,000 for the Death or Injury of any one Individual during a Single Accident
50,000 for All Persons in any one Accident
Property Damage (PD):
25,000 for any one Accident

Uninsured Underinsured Motorist Coverage (UM/UIM):

• This type of coverage protects you from damage from a motorist who did not have insurance even if they are the at-fault party in the accident.
• Protects you even if the at-fault party in the accident did not have enough adequate liability limits to cover your medical bills. Kicks in after the Liability portion of your BI has been exhausted.
• UM/UIM covers hit-and-run accidents but only if you obtain a police report
• Texas requires that you sign a rejection statement mandating that you do not wish to carry the UM and/or UIM coverage(s) but were offered this availability option.

Insurance Rates for State of Texas
With the minimum requirements in hand for both liability and property damage coverage in the State of Texas it is now time to look at some of the rates that are currently being offered for auto insurance in Texas.

Austin Texas (Capital)
With Austin, Texas (Capital) being the epicenter of all governmental activity and also home to one of the largest and most-respected educational institutions in not only Texas but the United States there are many drivers on the roads in the capital of Texas. With this said a main risk factor that correlates across all automobile insurance policies throughout all of Texas is the driving population of a certain region.

Under $100 a Month to Over $300
The underwriters look at the numbers and then add a factorization that determines if that population of drivers is more likely or less likely than the base-line standard when it comes to having an accident. An average minimum requirements liability and property damage (BI PD) policy in the State of Texas and for this section the Capital of Austin can cost anywhere from under $100 a month to over 300. This is relatively the same for most big metropolitan cities in Texas with a few variations for risk factors that the insurance underwriters deem necessary.

Variety of Insurance Quotes and Rates in the Great State of Texas
In summation the survey of Texas auto insurance rates shows that variety in regards to insurance quotes can range from under $100.00 to a $300.00 dollars depending upon the driving record and the locale and marital status and age and other pricing/risk factors for the insurance underwriters in the State of Texas.