Gap Insurance Dallas Texas

Reader’s Question:

Does gap insurance lets you rent a car if you have been in an accident, but the vehicle is not totaled? I am from Dallas, TX

Richard

Dallas, TX

 

No, actually gap insurance does not rent you a vehicle whether your car has been declared a total loss or not. Gap insurance does not include reimbursement for a rental car.

If you have been in an accident in that is your own fault you would have to use your own physical damage coverages such as comprehensive or collision to cover the damages to the car in Texas. To cover the cost of a rental vehicle while your car is being repaired you would need coverages such as rental car reimbursement (RR).

If your vehicle was wrecked by another party and you have put a third party claim through the at-fault party’s insurance provider then you should check if they will reimburse you for the use of a rental car while your car is being fixed.

Auto Insurance Dallas Texas

Reader’s Question:

Can I still obtain auto insurance in Dallas TX if you file bankruptcy?

Gene

Dallas, TX

Yes, it is still possible that an insurance carrier will insure you, even if you have filed bankruptcy in the past.

Insurance providers differ and you will likely have to shop around to check the coverage you need and it is likely your insurance rate will be higher then those without a bankruptcy on their record or those that have a better credit score.

Auto insurance rates are not purely determined based on credit report. There are other factors such as the type of car, where you live, driving record, etc. The goal of acquiring all of this information is to correlate the car insurance rate as closely as possible with the actual cost of potential claims.

Dallas Texas Non Owners Insurance

Reader’s Question:

Will I be able to stay on my parents auto insurance policy in Dallas Texas if I move out of their house?

Michelle

Dallas, TX

While Dallas insurance providers’ guidelines vary, most will not continue to insure you under your parent’s car insurance policy if you move out of their house. There are some exceptions if it is a temporary move, like going to college or university.

Normally, if you move out on your own you would need to get an auto insurance policy to cover yourself and your car. If you do not own a car but want car insurance then you could look for a non-owner’s policy.

Your parents may contact with their Dallas TX insurance broker to verify the specific guidelines of their insurance carrier regarding covering you if you move out.