Lewisville Car Insurance

Your Complete Guide to Lewisville, TX, Car Insurance

(Get matched with a local independent agent today)

Lewisville Texas car insurance

Lewisville, Texas, is a golfers paradise and was once known as an employment epicenter. This big town, with its 106,021 residents, has doubled in size three decades in a row. 

If you call Lewisville your home, you may need car insurance to drive these growing streets. You can connect with a local independent insurance agent in minutes on TrustedChoice.com.

What Car Insurance Requirements are in Lewisville, TX

Every state has its own requirements in order to use their streets. Usually, the state-mandated car insurance limits are a minimum requirement and not necessarily the best option for your coverage needs. Let's take a look at the numbers: 

  • A minimum liability of $30,000 per person/$60,000 per accident/ $25,000 property damage is required in Texas. 

With the US's average vehicle sales price at $36,082, state minimum limits won't even cover one vehicle. It's best to take a consultative approach with your car insurance and discuss what works best for you with your independent agent.

Additional Coverage Options for Your Lewisville, TX, Auto Insurance

Minimum liability limits typically won't cut it if you want to be well protected. There are optional coverages that you can get on your auto policy to stay covered. 

Lewisville Auto Insurance Coverage Options:

  • Gap coverage: This pays for the difference between your auto loan and the value of your vehicle. 
  • Rental car coverage: This will provide reimbursement up to a preselected dollar amount for a rental car. 
  • Tow coverage: This pays for a tow if you are stranded on the side of the road.  
  • Medical payments coverage: This provides for smaller medical expenses, so your liability limits aren't used. 
  • Comprehensive coverage: This pays for property damage to your vehicle that is not a collision.
  • Collision coverage: This pays for property damage to your car or another person's car or property in the event of a crash.

A few options can be added to your auto policy that could benefit you in the long run. Your local agent can go over each coverage so you know which ones apply to you. 

Uninsured Motorists in Lewisville, TX, and Your Insurance

If you're involved in an accident where the other driver is at fault and they don't have insurance, you could be in a bad situation. With no one to pay for medical expenses or damage, you'd have to pay out of pocket. When you have uninsured/underinsured motorists or UM/UIM coverage, you won't have to worry. UM/UIM helps pay when the other driver is inadequately insured. 

Average Uninsured Drivers:

  • National average: 13.0%
  • Texas average: 14.1%

In Texas, there are 14.1% of drivers on the road without insurance coverage. That puts you and your family in danger. To better protect yourself, speak with your local agent about UM/UIM. 

Theft Rates and Your Lewisville, TX, Car Insurance

If you're a victim of theft, your auto insurance will respond as long as you have comprehensive coverage. Since comprehensive is an optional coverage, you'll want to find out if your vehicle has it in the event of a break-in. Let's look at the theft rates:

  • National average: 2.37
  • Texas average: 2.48
  • Lewisville average: 1.80

Crime rates, in general, will impact your car insurance premiums. If you live in a high crime city, you can expect to pay more in car insurance. Lewisville is lower than the national and state averages, which means your car insurance rates could be lower too. Check with your independent agent on your pricing.

The Cost of Car Insurance in Lewisville, TX

The number of car insurance claims over the years has increased rates. The more claims that occur, the more that the carriers have to recoup their losses. The insurance companies use various factors when determining a price, and they are good to know.

Car Insurance Price Determining Factors:

  • Crime rates 
  • Weather risks and natural disasters 
  • The coverages you choose 
  • Your credit score
  • Your claims history and insurance score
  • Policy discounts that may apply
  • Where you live
  • The value of your vehicle
  • Your motor vehicle records (MVR)

Car Insurance Premium Averages:

  • National average: $1,005
  • Texas average: $1,823

Each person is rated by their individualized risk factors. Your specific car insurance premiums could be higher or lower, depending on your amount of risk. Get quotes from your Lewisville agent so you know your number.

Does Your Lewisville, TX, Auto Policy Cover for Uber or Lyft?

Most consumers are not aware that their personal auto insurance will not cover for Uber or Lyft. Your car insurance excludes coverage for any livery services, which means you could be driving without coverage. Things to ask your independent agent if you are a livery for hire driver:

  • Does my current auto policy provide coverage when I am transporting people?
  • Does my current auto policy provide coverage when I am transporting packages or food?
  • Which carriers would provide coverage during livery for hire services and off-duty?
  • What are my options?

It's likely that your personal auto policy will not have coverage for your side hustle, but a commercial auto policy would. If you are in the business of transporting people or things, you'll want to speak with your agent as soon as possible on coverage options.

Get Connected with a Lewisville Independent Agent

Your independent insurance agent has options on coverage and pricing. They can run quotes on your car insurance through dozens of carriers, saving you money and time.

To connect with a Lewisville independent agent in minutes, go to TrustedChoice.com. They have a find-an-agent tool that can help you get matched with an agent today. 

Share this page on Twitter Share this page on Facebook Share this page on LinkedIn

©2020, Consumer Agent Portal, LLC. All rights reserved.

City-Data

City of Lewisville

Car Insurance