Research indicates that about 13 to 17 percent of Texas drivers don’t carry any insurance. The uninsured part of the question isn’t difficult.
The second question is more complex, because you don’t know whether a person is underinsured until you know the amount of harm they cause. A person with the Texas minimum limits of $30,000 of insurance might not be uninsured in a very small wreck, but he or she will be significantly uninsured in a more serious wreck. Most drivers who have insurance have the minimum limit of $30,000 that is required by law. In most wrecks that involve a hospital visit or any significant follow-up care, that insurance won’t be enough to cover the damages. You can safely estimate that almost fifty percent of Texas drivers are underinsured for even a moderate wreck.
Other related FAQs
- Do I have to have uninsured/underinsured motorist insurance?
- Does my insurance company automatically pay my claim if I file a UM/UIM claim?
- How many uninsured/underinsured motorists are there in Texas?
- I was involved in a car accident recently and was injured. I do not have vehicle insurance. Am I still able to file a claim?
- If I am injured by a hit-and-run driver without insurance or low insurance limits, what happens?
- Is uninsured/underinsured motorist insurance expensive?
- What is the difference between an uninsured motorist and an underinsured motorist?
- Why does it matter if I do not have enough insurance?
- Why is an accident with an uninsured driver a big problem?