You must have proper insurance when you get behind the wheel of your car. In addition to protecting you financially should you cause an accident, having comprehensive insurance can also protect your own property. State minimum coverage is required in most states, although you should carry more than the minimum to adequately protect yourself.
Louisiana auto insurance requirements
LA has some of the lowest requirements for liability insurance in the country. Unfortunately, general rates for insurance in LA are higher than in other states. State minimum requirements are:
• $15,000 for individual bodily injury
• $30,000 total bodily injury per accident
• $25,000 in property damage per accident
These levels would quickly be met in an accident, and you will be responsible for any damages caused that are above and beyond what your insurance will pay. For adequate protection your liability levels should be above $100,000 for individual injury, $100,000 for property damage and $250,000 for total injury claims from one accident.
Because liability limits are so low in this state, carrying solid comprehensive insurance for your own person and property is extremely important. Additionally, insurance should be considered for uninsured and underinsured motorists.
Louisiana auto insurance laws
• Cars that do not have adequate insurance on them will have the registration revoked, preventing the owner from renewing the plates until proof of insurance is provided.
• Proof of insurance shall be kept in the car and will be given to authorities when requested.
• Driving without insurance can also result in a suspended license.<\p>
Louisiana auto insurance coverage
While LA state dictates what the minimum insurance coverage will be, they do not dictate what coverage levels may be chosen, or how much the company will charge. When choosing coverage levels it is important to remember that any other driver on the road may only have the very low levels mandated by the state. It is imperative that you include coverage against uninsured and underinsured motorists as well as comprehensive coverage on your policy. Don’t sacrifice high coverage levels in an attempt to lower rates, but choose a higher deductible instead.
Cheap Louisiana Auto Insurance Quotes
You can find cheap Louisiana auto insurance rates by taking advantage of free quotes online. Contacting the companies for a quick rate quote and details on coverage will allow you to compare the different companies and make an informed decision. There are also some steps you can take to negotiate better rates for yourself.
• Don’t speed and be a defensive driver. Safe drivers enjoy lower rates.
• Raise your deductible to lower the rates.
• Use one company for auto and home insurance.
• Let your company know about all safety features your car has for an additional discount.
• Try to reduce the miles you drive annually to net a lower rate.
Louisiana Auto Insurance Ratings
Impartial companies offer reviews and ratings on insurance companies. Taking the time to review this information can help you make a better decision. The ratings take into account customer service scores, claims payment history and the company’s overall financial health. Choose a provider who has been in business for a while and looks like they will be around for a long time to come. Companies with a history of denying most claims should be avoided, as well as companies that are riddled with customer service complaints.
Louisiana Auto Insurance Rates
Louisiana insurance rates are one of the highest in the country. At $2310, they are well above the national average of $1440. In Louisiana one of the best ways to get lower rates is to be a safe, responsible driver. Speeding tickets and other moving violations can drive up the rates quickly. You can also choose a higher deductible to help save money on the monthly payments. Don’t be tempted to save by lowering the coverage levels, as this can leave you struggling financially in the event of an accident.
Louisiana Auto Insurance Companies
Louisiana has a variety of national insurance companies licensed in the state. These include Allstate, Progressive, Farmers, USAA, State Farm and Geico. They also have smaller companies who are prepared to offer you the low prices you need, although they might come with the low coverage you want to avoid. Because there is plenty of competition in the state, taking the time to review free online quotes can help you find the best coverage at the lowest price.< p>
When making your insurance decision, consider more information than the required payment every month. The customer service scores and financial health of the company should also be reviewed. Finally, remember to include comprehensive coverage as well as coverage for uninsured and underinsured motorists.