Texas Transportation Code 686.004 – Minimum Coverage Amounts
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(a) The minimum amounts of motor vehicle liability insurance coverage required to establish financial responsibility under this chapter are:
(1) $100,000 for bodily injury to or death of one person in one collision;
(2) $300,000 for bodily injury to or death of two or more persons in one collision, subject to the amount provided by Subdivision (1) for bodily injury to or death of one of the persons; and
(3) $50,000 for damage to or destruction of property of others in one collision.
(b) The comprehensive general liability insurance must be on a broad form and provide limits of liability for bodily injury and property damage of not less than $300,000 combined single limit or the equivalent.
Terms Used In Texas Transportation Code 686.004
- Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
- Property: means real and personal property. See Texas Government Code 311.005
(c) The garage insurance must provide limits of liability for bodily injury and property damage of not less than $300,000 combined single limit, or the equivalent, and must provide the following coverages:
(1) comprehensive and collision coverage for physical damage;
(2) coverage for vehicle storage; and
(3) coverage for a vehicle driven by or at the direction of the valet parking service.