Gap Insurance in Texas

Gap Insurance insurance averages about $60 per year nationally. In Texas, the overall average car insurance premium is $1,940/yr ($214 above the national average). Actual gap insurance costs vary based on your driving record, vehicle, and insurer.

Gap Insurance is not specifically mandated as a standalone requirement in Texas, though related coverage may be required. Texas requires: 30/60 / 25 liability.

Covers the difference between what you owe on a car loan and the vehicle's actual cash value if totaled. Typical limits are Varies by state and provider. This is an optional coverage type.

Texas uses a at-fault (tort) insurance system. In at-fault states, the at-fault driver's insurance pays for damages. This can influence the importance and cost of gap insurance coverage.

To save on gap insurance in Texas: compare quotes from multiple insurers, ask about discounts (safe driver, bundling, low mileage), consider higher deductibles where applicable, and maintain a clean driving record. The cheapest insurer in Texas is GEICO, while Allstate tends to be the most expensive.