Louisiana Auto Insurance Quotes
Reader’s Question:
What is the reason why the state of Louisiana require liability insurance?
Sean
Shreveport, LA
Liability insurance pays claims if you are responsible for damaging or hurting another individual or for damaging another individual’s property. Without insurance you would be personally responsible for taking care of these expenses which could run in to hundreds of thousands of dollars depending upon the type of injuries and the type of damaged car the other motorist and their passengers may have sustained.
According to Louisiana law, the only insurance you are required to carry is 10/20/10 liability coverage on your car. That is, if you are liable for injury or damage in an car accident, the minimum liability policy will pay up to $10,000 for bodily injury to one person up to $20,000 for bodily injury per accident to more than one person and $10,000 property damage per accident.
Louisiana Auto Insurance Company
Filed under: Louisiana auto insurance company, Louisiana auto insurance quote
Reader’s Question:
I just moved to Louisiana. Recently, I overheard my coworkers saying the state was a comparative negligence state. What does the term mean? How does it affect me?
Jamie
Shreveport, LA
When vehicular accidents happen, the first question that pops into people’s heads is: “Will my automotive insurance cover the damage?” Jamie, the answer to this question depends on which state you live in, what your car insurance coverage is and whether or not it was your fault. The policy varies depending on your location. For example, in some states, if you are the slightest bit at fault, the insurance company will not pay for the damages to your car or any injury you may have incurred. If I am not mistaken, this is called pure contributory negligence. You are either at fault or you’re not. This is a very strict system which I believe only five states currently follow.
If your co-workers refer to Louisiana as a comparative negligence state, that means the state takes into consideration the extent of your so-called negligence. After an accident, your automobile insurance company may conduct an investigation and send an adjuster to determine how much you were at fault and how much you are entitled to receive. The good news is this is negotiable. There aren’t fixed mathematical formulas to arrive at the figures. So get yourself a standard auto insurance and hire a good lawyer. Then again, nothing beats simply driving safely.
Car Insurance Louisiana
Reader’s Question:
My family and I just moved here in New Orleans, Louisiana. I know we’re in an area prone to really bad weather. I am wondering if I should make some adjustments to my automotive insurance strategy. I believe in sticking to the minimum that the state says I should carry. Can anyone offer some advice?
Chris
New Orleans, LA
Hello, Mr. Chris of New Orleans, Louisiana. I think that following what the state says is okay. My opinion is, if you think nothing can go wrong on the road and while your car is parked in bad weather, go stick to the minimums. But if you can afford going above the minimum set by the state, go for it. By the way, I think your state minimum is only for liability coverage. That’s about $10,000 per person injured by you. The cap per accident, I think, is at $20,000. If you do more damage than that, you might get sued.
Anyway, as for your strategy, I think you should consider worst-case scenarios. Since you live in a hurricane-prone area, I think that it will be wise to review some of the “what ifs?” It’ll definitely help if you could ask around your area, too. After you’ve done that, you can check with your auto-insurance company and get a quote for a full comprehensive coverage for your vehicle. Assuming your car is worth the trouble for the monthly payments, I’m sure you’ll appreciate less headaches resulting from flying objects hitting your car. If you can get a package that’ll replace your vehicle in case it gets totaled, even better. Have a pleasant stay there in New Orleans, Chris.
Auto Insurance in Louisiana
Filed under: Louisiana non owner car insurance, SR22 Louisiana
Reader’s Question:
I’ve been shopping around for the cheapest car insurance available here in Kenner, Louisiana, and I’ve noticed that agents almost always mention 6-month auto insurance. I wonder, what’s the reason for this? Isn’t it better for them if you choose longer terms?
Sheila
Kenner, LA
A six-month car insurance can be a good thing, depending on what your insurance needs are. If you plan to travel and visit some place for six months or less, for instance, it would be a waste to get policies with longer terms, right? Or it could be that you’re planning to purchase a new vehicle before year end. Or for various other reasons, some people actually prefer six months. If agents over there in Kenner, Louisiana seem to always try to sell you six-month terms, it may be because this actually permits them to adjust your premiums twice a year, as compared to once for a one-year policy, for example. This could mean higher costs for you, the consumer, and higher collectibles for them, the automotive insurance company. But before you think they’re all money-grubbing cold-hearted leeches, it would be prudent to note that short terms could actually be beneficial to you because you can divide the payments according to a timetable that you think is more suitable for you.
A lot of people have monthly schedules, but it makes financial sense for the companies to charge you higher rates for monthly payments than for six months or a yearly total.
Louisiana Auto Insurance Plan
Reader’s Question:
I have purchased a car insurance policy here in Louisiana. Can I still lower my premiums?
Meg
Monroe, LA
I understand that you do want to save money, but bear in mind that your car insurance is there to assist against big losses when you get into an accident. It is really not just for minor incidents.
One way to lower your premiums would be to select higher deductibles. But in doing so, you must also be sure that you have adequate funds in your savings account to pay for the deductible costs if ever you have an accident.
Another thing you can do would be to cancel the coverages that you don’t need anymore–coverages for cars that you no longer finance through a bank or financial institution, or coverage on cars that are old and do not have much value, for instance. You must still be careful, though, because there are some cases that people canceled the coverages that aren’t required and were unfortunate enough to get involved in an accident with an uninsured driver, and they had to pay a large amount.
Finally, you should be aware of the discounts that are being offered by your car insurance provider. You can take safety driving courses, purchase safety and security devices or insure multiple cars with the same provider. You can also declare that you have an accident-free record or that you are a non-smoker, a preferred driver or a retiree. You can discuss with your agent in Louisiana the personalized discounts that you can avail of.
Louisiana Automobile Liability Insurance
Reader’s Question:
Can you please tell me what the minimum auto liability insurance required in Louisiana?
Brent
Baton Rouge, LA
In Louisiana, you are required to carry Liability insurance on your car. Each automobile you are required to have liability insurance limits of at least:
- $10,000 for Bodily Injury to one person
- $20,000 for Bodily Injury to more than one person in a single accident,
- $10,000 Property Damage Liability
This is usually referred to as 10/20/10.
This liability limits will increase to 15/30/25 as of Jan. 1, 2010.
This liability coverage pays for any personal injury and property damages for which you may be legally responsible, up to your policy’s dollar limits.
Louisiana Auto Insurance Rate
Reader’s Question:
My car was parked in Metairie, LA and was hit but there were no witnesses and no one admitted to hitting my vehicle. I want to know if my car insurance will cover the damage to my car and if this will increase my car insurance rate? I live in the state of Louisiana.
Jonas
Metairie, LA
Normally, this hit and run claim would be place through your collision coverage since neither the at-fault party nor car was found. You would have to obtain specifics about your car insurance company’s rating system from your car insurance agent, but since you were not at-fault in Metairie Louisiana normally you would not have your car insurance rates raised due to a claim to fix your vehicle.
To know more about your insurance provider’s specific rating system that they have filed with the state of Louisiana you should be able to ask your insurance broker or agent and / or contact the LA Department of Insurance. Just speaking to your car insurance agent about their rating system and the possibility of making a claim to repair the damages from the hit and run incident should not affect your car insurance rates in any way.
Louisiana Cheap SR22 Auto Insurance
Reader’s Question:
How can I get cheap SR22 auto insurance in Louisiana?
Marty
Baton Rouge, LA
In Louisiana, your license will be suspended if you get convicted of any major offense such as DUI and you can’t drive until you get it reinstated. In order to have it reinstated, you need to buy an SR22 insurance first. SR22 Louisiana insurance is a form that your car insurance company issue to you and the Louisiana Department of Public Safety. You need to carry your copy of SR22 insurance every time you drive. The problem is that it is very expensive to maintain. But if you have a good credit rating, you may get cheaper car insurance. Shopping for cheap SR22 auto insurance quotes can also help you save.
SR22 Louisiana insurance is usually more expensive compared to other car insurance policies. In order to get a cheap SR22 Louisiana insurance, drivers should present a good credit rating. This would convince the car insurance company that the driver can pay for car insurance on time. You may also ask for any discounts that you may be eligible of.
It also helps if drivers shop and compare multiple car insurance quotes first before purchasing one. This would help them get only the best priced SR22 insurance in Louisiana.
Louisiana Auto Insurane Law
Reader’s Question:
What will happen if you get involved in a car accident and you do not have car insurance in the state of Louisiana?
Denver
Monroe, LA
If you do not have car insurance on your motor vehicle at the time of the accident, the “No Pay, No Play” law would then apply in Louisiana. That is, a person who does not have car liability insurance, no matter who is at fault, cannot collect for the first $10,000 of damages in an accident.
If you were at fault in the accident then I am sorry to tell you but of course you would have no insurance to make a claim through therefore you will likely be held personally responsible for the damages that you caused to the other party.
In Louisiana, the penalties for driving uninsured if you are cited by Louisiana law enforcement is that the vehicle can be impounded, you may be hit with fines and administrative fees, registration and license plates (tags) can be suspended or revoked as well.
Louisiana Auto Insurance Minimum
Reader’s Question:
What automotive liability insurance coverage does Louisiana impose?
Andrew
Shreveport, LA
Having an automotive insurance policy entails many benefits, especially if your policy covers the minimum required by the state of Louisiana. Being a driver, you are expected to be responsible for your own safety and for the safety of those people around you (your passengers, fellow drivers and pedestrians). With liability automotive insurance, you get an assurance that damages to these people and to yourself are financially covered. This is a good way of protecting your assets because in effect, you are passing the financial responsibility to the automotive insurance company by letting them take care of the expenses brought about by the accident.
If you have a collision and comprehensive coverage, your automotive insurance will protect your vehicle from expenses brought by accidents, vandalism, or theft. This also serves as a financial responsibility guarantee to the institution where you borrowed money from to buy your vehicle. This coverage is most beneficial to those whose vehicles have high market values.
The Louisiana state law suggests that if you want to drive a motor vehicle, you should be able to present proof that you have the resources to cover any damages that you may cause to others. This proof of financial responsibility must cover 10 thousand dollars for the bodily injury claim of one person, 20 thousand dollars for the bodily injury claims of two or more persons (for one accident only), and 10 thousand dollars for the vehicle or property damage claims of the other party. This is referred to as the 10/20/10 minimum automotive liability coverage of Louisiana.