Dallas Insurance Information
How much Car Insurance coverage do I need if I live near Dallas, TX?
According to the Texas Department of Insurance, You are required to have a minimum liability limit of $25,000 for each injured person, up to a total of $50,000 per accident, and $25,000 for property damage per accident.
I live near Dallas, Do I need Flood Insurance?
Texas, along with Louisiana and Florida has the most flood-related damages in the USA. If you live near Dallas, Carrollton, or Lewisville, you are susceptible to these damages. Most home insurance policies do not cover flood damages, so it is recommended that you inquire about the additional costs to make sure you are covered. Flood Insurance is needed because of high rainfall rates and coastal areas.
Even if you live outside of a flood plain, you still may need flood insurance. Over 25% of flood insurance claims are made by individuals who live outside of these flooding zones.
I live near Dallas, Do I need Renters Insurance?
The median dollar amount of rent paid by residents of Dallas, TX is $737 a month. According to the data below, there are more renters than owners. This means that renters insurance is very important if you live in the Dallas-Fort Worth area.
How many people own homes in Dallas, TX?
According to City Data, there are 484,053 houses in Dallas. 195,227 are occupied by owners, and 256,470 are occupied by renters.
How much are homes worth in Dallas, TX?
The median house or condo value in 2007 was $128,400. This is up from $87,400 in 2000. This shows that Dallas, TX is a great place to live since the value of homes are improving over time.
Dallas is the third-largest city in the state of Texas and the 9th-largest in the United States.
Dallas has a population of over 1.2 million, and the Dallas–Fort Worth–Arlington metropolitan area contains 6.1 million people and is the fourth-largest metropolitan area in the United States and the largest in Texas. In 2007, this population was spread out with 26.6% under the age of 18 and 8.5% who were 65 years of age or older. The median age was 32.1 years. 51.4% of the population was male and 48.6% was female.
When it comes to voting, the Dallas-Fort Worth Metro area is the third most liberal of the Texas metropolitan areas after Austin and El Paso.
Dallas also has more shopping centers per capita than any other city in the United States and is also home to the second shopping center built in the United States, Highland Park Village, which opened in 1931.
Dallas is home to 15 billionaires, placing it 9th worldwide among cities with the most billionaires.
(information taken from Wikipedia)