Phatt in Hidalgo County, Texas and connected by bridge to the Mexican city of Reynosa, Tamaulipas. Pharr has I-2/U.S. 83 as its major east-west artery, and it runs north-south through the city and intersects I-2/U.S. 83 in the center of the city. The cost of living in Pharr is 20% lower than the Texas average, and 28% lower than the national average. Because of its proximity to Mexico, the city enjoys a great deal of cultural diversity. This is a characteristic of the entirety of Hidalgo County in fact, which has helped make it one of the fastest-growing communities in the nation. However, this rapid growth comes with a lot of demographic and economic changes, which affect how insurance companies determine the price structure for the area. If you’ve seen your rates change over the last couple years, it’s probably a good idea to compare the growing number of options for cheap car insurance Pharr has to offer, as well as any discounts you may qualify for.
Pharr 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 Pharr
There is 1 airports and 1 Amtrak train station within 30 miles of the Pharr city center, and the average travel time to work in Pharr is 18% lower than the national average.Unfortunately there are few public transportation options for residents of Pharr at this time, so most commuters rely on their cars. This can raise insurance rates because the more miles you drive each year, the more insurance companies charge. The number of people who carpool to work in Pharr is 1% higher than the national average. Carpooling can lower your auto insurance rates by decreasing your yearly mileage. This will help you qualify for the low mileage discount.