Auto Insurance in Dallas Texas After Bankruptcy
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.
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