Texas · Bind it before the temporary tag
A new car needs liability before you drive it, and collision plus comprehensive if a lender or lessor requires them. A total loss is usually actual cash value unless you bought gap or a new-car endorsement.
Texas financial responsibility is $30,000 bodily injury per person, $60,000 per accident, and $25,000 property damage. That floor does not repair your car. Collision pays a crash. Comprehensive pays theft, hail, flood to the car, vandalism, and many animal strikes. Deductibles are separate. A lender can require both and can cap the deductible. The state does not, once the car is paid off. Registration checks liability, not collision. Put the policy in the owner’s name. A dealer’s lot coverage is not your policy.
The product: Texas auto. The two physical-damage coverages: comprehensive versus collision. The loan gap: gap insurance. Plates and proof: registering a car. Collision without a ranking: what collision actually buys. Counts, not a score: complaint counts are not a ranking.
