Texas Insurance Requirements & Rates

Texas requires minimum liability coverage of 30/60/25 (bodily injury per person / per accident / property damage). Texas is an at-fault state, meaning the driver who caused the accident is responsible for paying damages. Uninsured motorist coverage is not required but recommended.

Texas homeowners face risks from hurricanes, tornadoes, hail storms, flooding. The flood risk level is high and earthquake risk is low. Many policies have separate wind/hail deductible in designated areas. The average annual home insurance premium is $5,509.

Texas requires riders under 21 to wear helmets. Lane splitting is not legal. The riding season is year-round.

No, workers' compensation insurance is not required in Texas. Texas has approximately 3,100,000 small businesses, with top industries including Oil & Gas, Healthcare, Technology.

No, Texas has not expanded Medicaid. The state uses the federal marketplace at healthcare.gov. The uninsured rate is 16.6%.

Yes, landlords in Texas can require tenants to carry renters insurance as a condition of the lease. About 38% of Texas residents are renters, with average monthly rent of $1,250.

With a median household income of $67,321, most Texas families should consider 10-12x their annual income in life insurance coverage. Currently, 50% of Texas households have life insurance.