Current legislation regarding auto insurance in Louisiana came into effect at the beginning of 2010 and motorists in the Pelican State are legally obliged to carry a minimum level of liability cover before taking their vehicles on the road. Louisiana is a Tort state so responsibility is usually placed on a single driver in the event of a road traffic accident.
Louisiana operates on 15/30/25 insurance cover and liability protection is usually broken down in the following manner:
- $15,000 of bodily injury liability for a single person
- $30,000 of bodily injury liability per accident
- $25,000 of property damage protection
It is important to note that protection against uninsured or underinsured motorists and personal injury protection are optional although insurers are obliged to ask whether you would like to purchase the additional cover. It is highly recommended to take out these add-ons if it is affordable to do so.
Unfortunately, residents of Louisiana pay around $575 more for an auto insurance policy when compared to the rest of the United States. In 2009, the average premium was a massive £2,310 compared to a national average figure of $1,735. Auto insurance prices in Louisiana have risen by 11% and 12% throughout 2008 and 2009 respectively.
Amongst those who suffer the most amidst such expensive insurance costs are typical high-risk groups. Young drivers, motorists with a poor driving history and individuals with motoring convictions are heavily penalized and it is advisable to spend some time comparing multiple quotes before eventually deciding on a policy.