Auto insurance rates are on the rise in Texas

Many of the largest auto insurance companies in Texas will be raising their rates as a result of losses and new liability limits that will have been implemented with the start of this year. Several of the insurers are citing the new liability limit rules exclusively as the cause of their increases. According to Mark Hanna from the industry trade group called the Insurance Council of Texas, these regulations require that drivers within the state must carry policies that will provide coverage for up to $25,000 for property damage per…

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