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.

Tags: auto insurance, car insurance