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Texas Minimum Auto Insurance Limits to Increase Jan.1, 2011

Texas residents that have the current minimum liability limits (25/50/25) on their auto insurance policies should be prepared to see their auto insurance premiums increase by a little bit over the next six months.  The premium increase is due to an increase in the minimum liability limits required by the state.  Read on to see what the new limits will be…

New Twist in Minimum Limits Implementation

by David Surles, IIAT Insurance Agency

Contrary to information previously found on the Texas Department of Insurance website and reported in the Oct. 8 Texas Agent newsletter, the new minimum auto bodily injury limits will be increased effective Jan. 1, 2011 on all in-force policies. Under SB 502 passed into law in 2007, the increase to new minimum limits of 25/50/25 was implemented on new and renewal policies issued on or after the effective date of April 1, 2008. Not so with the increase to 30/60/25 slated for Jan. 1, 2011.

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