Midland is on the Southern Plains of the state’s western area, and is the twenty-fourth most populous city in the state of Texas. The city is located on Interstate 20, halfway between Fort Worth and El Paso. Midland is the geographic center of the Permian Basin, of which contains 16%+ of the nation’s oil reserves. The metropolitan area is also a component of the larger Midland?Odessa, Texas Combined Statistical Area, which had an estimated population of 132,950 as of 2015. The cost of living in Midland is 9% higher than the Texas average, and 2% lower than the national average. The overall crime rate in Midland is equal to the national average, and the city is safer than 35% of the cities in the United States. Cost of living and crime rates are important factors in the cost of insurance. Residents should take the time to look over the many choices for cheap car insurance Midland has available, as well as search out any discounts they may qualify for.
Midland Insurance Requirements
Remember that carrying the minimum coverage required by law may not be enough to cover you personally. Make sure your policy will cover all of your assets, even if you are in an accident with an uninsured driver.
- Bodily Injury coverage requirements are a minimum of $30,000 per person and $60,000 per accident.
- Property damage liability minimum requirements are $25,000.
- Uninsured Motorist coverage is not required, but insurance company’s are required to offer it, and explain the coverage to consumers. According to Texas’ DMV, an estimated 20% of drivers in the state are uninsured, resulting in costs of up to $900 million for consumers.
- The law in Texas requires drivers to pay for accidents that they cause. Fault is ultimately determined by the state, using evidence and testimony gathered at the scene of the accident.
Public Transportation In Midland
Midland also has citywide public bus services provided for the Midland-Odessa Urban Transit District by Midland-Odessa Transit Management, also known as E-Z Rider. There is 1 airport and 1 Amtrak train station within 30 miles of the Midland city center, and the average travel time to work in Midland is 28% lower than the national average. The number of people who take public transportation in Midland is 94% lower than the national average, and the number of people who carpool to work in Midland is 10% higher than the national average. The best way to lower your mileage is to take advantage of public transportation, or carpool. By keeping your mileage low, you will be able to qualify for the low mileage discount most insurance companies offer.