When Someone Sues You for $500,000 - Are You Protected?
"Texas courts award judgments exceeding $1 million regularly. Your home, savings, and future earnings are at risk with inadequate liability coverage."
Real Houston court cases that destroyed families financially
Rear-end collision on I-45
Driver with $30,000 liability hit family of four. Injuries required surgery and rehabilitation.
Court Judgment: $485,000
Driver's liability: $30,000
Personal liability: $455,000
Result: Home foreclosure, wage garnishment for 15 years
Left turn accident on Westheimer
Driver with minimum coverage caused accident resulting in permanent disability.
Court Judgment: $1,200,000
Driver's liability: $30,000
Personal liability: $1,170,000
Result: Bankruptcy, retirement savings wiped out
Multi-vehicle accident on Beltway 8
Chain reaction accident involving five vehicles and multiple injuries.
Court Judgment: $750,000
Driver's liability: $30,000
Personal liability: $720,000
Result: Business closure, personal assets seized
These are REAL cases from Harris County courts
Don't let this happen to your family
Everything you've worked for can be taken to satisfy a judgment
Texas allows forced sale of your primary residence to satisfy judgments over $30,000.
Homestead exemption has limits
Checking, savings, investment accounts can be frozen and seized immediately.
No protection for financial assets
Cars, boats, recreational vehicles, and personal property can be seized and sold.
Minimal exemptions apply
Up to 25% of your wages can be garnished until the judgment is satisfied.
Can last for decades
Don't guess with your family's financial security
Legally required but financially dangerous
WARNING: This coverage is inadequate for most accidents
Adequate for moderate accidents
CAUTION: May not cover severe accidents
Comprehensive asset protection
RECOMMENDED: Adequate for most scenarios
Local factors that increase your exposure to lawsuits
More accidents = more lawsuits = higher judgments
Injuring a high earner = massive liability exposure
Texas courts regularly award million-dollar judgments
Having insurance makes you a target for lawsuits
Spending $20 more per month can save you $500,000 in liability
RISK: $470,000+ personal liability in major accident
RISK: $400,000+ personal liability in severe accident
PROTECTION: Covers most accident scenarios
Spending $20 more per month provides $220,000 more protection
That's $240 per year to protect your entire financial future
Get a free liability coverage analysis and protect your family's financial future
Baxter Insurance Agency, Inc. | 450 N. Sam Houston Pkwy E. #103, Houston, TX 77060
Licensed Texas Insurance Agency | Serving Houston Since 1989