While auto insurance is a vital investment to have, can you imagine there are motorists in The Woodlands, TX, and other parts of America that drive without insurance? You are considered to be at the default of auto insurance if you drive without the state-required coverage or drive with none at all. While it sounds unbelievable that one can go without insurance, it happens, but the consequences are dire. Here is a rundown of the risks you incur by not purchasing auto insurance.

Be prepared to pay heavy fines and penalties 

When you fail to buy auto insurance from Outdoor Insurance Services in Texas, you will pay between $175 and $350 if you are a first offender. If you are caught with the same offense again, fines can be anywhere between $350 and $1,000. Additional penalties include license revocation and vehicle impoundment. Why would you go through this, whereas the average cost of auto insurance is close to the penalties you pay for driving without coverage?

Incur financial losses

Perhaps, this is the most common reason why you should carry auto insurance. Comprehensive and collision coverages pay for damages to your car, deterring you from financing car repairs from your pocket. Additionally, the liability coverage shields you from paying damages caused to other motorists. Without auto insurance, you are expected to cater for your damages and those you cause to other persons from your finances.

Exposure to liability claims

Auto insurance shields you from legal suits for accidents you are deemed liable. When you fail to carry auto insurance, you may have to finance legal costs, settlement claims, and other liability claims from your pocket. 

No peace of mind

While you can’t prevent accidents 100 percent, auto insurance provides you with peace of mind while driving. However, without auto insurance, you keep worrying about the eventualities of an auto accident — your ride is never calm and relaxed.

Buy car insurance today!

Are you looking for auto insurance in Woodlands, TX? Please contact Outdoor Insurance Services for an affordable quote.

With just about any insurance policy you could buy in The Woodlands, TX, you’re going to find that the higher you push your deductible, the lower your premium is going to be, and vice versa.

Primarily it comes down to whether you want to pay more month-to-month or if you want to spend more when you have to file a claim. The obvious choice may be to raise your deductibles as you go. After all, the premiums are what you’re going to be paying no matter what. The deductible is what you might pay, someday. But it’s not always so cut and dry.

Generally, the rule of thumb to go by is this: Asking for a higher deductible isn’t a bad idea, but keep it down to a number that you can pay at a moment’s notice should something happen. You don’t want to be left with repairs to be made and no money to pay your deductible, which can mean no way to get to work and make money to pay your deductible.

One option is to put aside some deductible money. If you can guarantee that you always have it on hand, then it doesn’t matter how high your deductible is. But this isn’t ideal. Remember, the idea of lowering your premium is to save money. If you wind up with a deductible that’s twice what you’re saving, then you’re not saving anything. So our advice: Follow the rule of thumb. Keep your premiums low, but keep your deductible low enough to pay it right away should you need to.

If you’re still shopping for insurance, get in touch with Outdoor Insurance Services. Outdoor Insurance Services can help The Woodlands, TX drivers get the coverage they need.

Auto insurance myths can cause you to make costly mistakes in purchasing a policy. At Outdoor Insurance Services in The Woodlands, TX, we’ll help you separate auto insurance truth from fiction so you can make wise choices concerning your coverage. Here are five myths to watch out for when buying auto insurance coverage.

Myth: Some vehicle colors are more expensive to insure than others.

Color has no effect on the cost of auto insurance. Other aspects of your vehicle such as make and model, engine type, age, safety features, sticker price and risk of being stolen do affect the cost of your policy.

Myth: Older drivers pay more for auto insurance.

Actually, older drivers often qualify for discounts on their premium due to their driving experience. Seniors who drive less due to retirement and those with good driving records are often eligible for discounts on their policy.

Myth: Credit rating doesn’t affect auto insurance costs.

Actually, many insurers consider your credit rating when quoting you a price for auto insurance. Good credit rating shows you’re responsible in managing your finances. This level of responsibility could extend to your driving, making you less of a risk for accidents.

Myth: If another driver causes an accident while driving your vehicle, his insurance will cover damages.

In most all states, auto insurance follows the vehicle, not the driver. If a friend or relative causes an accident while driving your vehicle, your insurance will be responsible for damages.

Myth: Auto insurance is optional.

Most all states require minimum auto liability coverage to cover the cost of injuries or property damage to others if you cause an accident. Collision and comprehensive coverage to protect your vehicle is optional. If you took out a loan for your vehicle, your lender may require this coverage.

For quality auto insurance at affordable costs, contact us at Outdoor Insurance Services in The Woodlands, TX.