NLIC.org

Kristen Said:

i want to become a texas insurance agent for auto, home, life?

We Answered:

There are not mandatory classes to take the test. There ARE mandatory "continuing education" credits that must be completed every two years.

Yes. Study for the exam, pass the test, pass the backround check, and voila! you're an agent.

Jay Said:

How much auto insurance do I need if I own a home and some other assests?

We Answered:

Yes, you can sue someone. However, unlike you, they might not have any assets. You may not be able to collect from them if they do not have assets.

You should have the total of all your assets (including the house) or $100,000, whichever is less, in property damage liability coverage.

If the total of all your assets (including the house) is more than $300,000, then you should have $300,000 in bodily injury liability insurance AND have umbrella insurance with limits equal to the total of all your assets (including the house).

If the total of all your assets (including the house) is $300,000 or less, then you should have bodily injury liablity insurance coverage equal to the total of all your assets (including the house).

Curtis Said:

is there a special type of auto insurance for college students whom only drive while at home on vacation?

We Answered:

I agree with the other person regarding some insurance companies can stop and start your insurance on demand.

I think I did this back when I was in college (that was a long time ago!). Basically I had to call up the insurance company and tell them when I needed coverage and when I needed to stop it again.

Call your agent. Just bear in mind if you go home for Christmas, you won't have insurance when you're home unless you "turn it back on".

Playing devil's advocate, turning on and off an insurance policy may do wacky things with discounts on insurance that is based on being a "loyal customer" for "X" number of years. My auto insurance is gets a 5% discount for being with the company for continuously for years. You'll need to ask if the start/stop thing will impact that.