Louisiana Car Insurance – Auto Insurance Quotes in LA
Louisiana is a beautiful state and is well known for its food, bayous, and queen city, New Orleans. Literally millions of tourists visit the state and its famous city each year, resulting in a lot of drivers on the roads, many of whom are not familiar with either the terrain or Louisiana’s specific insurance regulations. Even some residents are not aware of these laws, and can benefit from the car insurance information provided.
MyCarInsuranceRates.com makes it easy for you to learn about what mandatory auto insurance Louisiana requires of its drivers. We can also help any driver in the state find the best policy for their needs at the cheapest rates to suit their budgets.
Louisiana Car Insurance Requirements
Like most other states in the US, Louisiana relies on a Tort system to regulate its car insurance requirements. In this system, one of the parties involved in an accident will be designated as the cause, found at fault, and be required to pay for any ensuing damages. If a driver is not insured, he or she will be required to pay for these sums out of pocket, and may be required to pay heavy fines and penalties as well. Because of its usage of the Tort system, the state of Louisiana stipulates that, in order to legally drive, a resident must have adequate liability coverage with a minimum $30,000 limit.
Understanding Louisiana Car Insurance Liabilities & Coverage
Louisiana uses a 15/30/25 basic insurance plan. Within that plan, a minimum of $15,000 is required to pay for any injuries to a single individual harmed in an accident. If more than one person is injured in a car accident, then at least $30,000 is required to cover any injuries and damages. Finally, a $25,000 minimum is mandated to cover any damages to public or private property; this may refer to traffic signs, lamp posts or mailboxes and private fences. Louisiana residents do not have to have any other types of insurance, such as uninsured motorist bodily injury coverage, but it is recommended to get the additional coverage.
Louisiana Insurance Coverage
- Bodily Injury Liability: $15,000/$30,000 Limit
- Property Damage Liability: $25,000 Limit
Anyone can use MyCarInsuranceRates.com to quickly and easily compare car insurance quotes from some of the nation’s most reliable and reputable car insurance companies, offering cheaper car insurance.
Louisiana Car Insurance Laws & Regulations
It is a serious offense to drive without at least the state required minimum amount of car insurance. If a driver and/or vehicle is not insured, the vehicle can actually be impounded with no forewarning. For that reason, drivers must also carry proof of their insurance with them at all times. Louisiana has a no pay/no play law, basically maintaining that a driver who lacks the adequate amount of liability insurance will not be able to collect the first $10,000 in injuries or property damages of the other driver, even if that driver caused the accident.
Average Louisiana Car Insurance Rates
Last year, Louisiana’s average annual rate of $2,042 was exceedingly higher than the national yearly average of $1,538. However, in 2010 the monthly rate in Louisiana was, on average, $88.81, versus a national monthly average of $128.17. With this in mind, you should not simply assume that you have to pay the average car insurance rate.
MyCarInsuranceRates.com can help Louisiana drivers find the auto policy they need at the lowest rates. The best ranked car insurance companies in the country, such as Nationwide, Allstate, GEICO, Progressive, 21st Century Insurance, Liberty Mutual, State Farm, Farmers Insurance, AAA, AARP, and Esurance, are within our network, and they are ready to provide drivers with cheap auto insurance quotes in order to score their business.
Louisiana Car Insurance Quotes
In general, throughout the US, car insurance rates have been going down over the past year. In Louisiana specifically, rates have stayed fairly steady. They rose by 12 percent between 2008 and 2009, but were 12 percent lower last year. As a result, it might seem like the rates are stuck but they should continue to go down.
In any event, MyCarInsuranceRates.com allows LA drivers the ability to research state requirements, in addition to making it easy to find the best, cheapest car insurance quotes online. If you have paid the same car insurance premium for years, you could save hundreds of dollars with a free car insurance quote online and buy cheap Louisiana car insurance.
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