Along with the mandatory liability insurance coverage that Louisiana drivers are required to have in place, there are other types of coverage available. Each person should consider his or her Louisiana auto insurance coverage carefully to make sure that he or he is adequately covered.
Medical payments coverage is one example. Adding this protection to your policy means that you, your family members and anyone traveling in your vehicle will have coverage for medical expenses for a certain time limit following the accident. It also pays out for funeral expenses in the case of a fatal accident.
Uninsured/underinsured motorist coverage is not required in Louisiana, but it’s a good idea to add it to your policy. Uninsured motorist insurance pays out when you are involved in an accident and the at-fault driver does not have insurance coverage.
Underinsured motorist coverage pays out when the at-fault driver has some insurance in place but the coverage is not enough to pay for the damages caused. In that situation, the at-fault driver’s coverage will pay out up to the policy limit, and your underinsured motorist coverage will be used to make up the difference, up to the policy limit you have chosen.
Before you make a decision about optional Louisiana auto insurance coverage, take some time to consider your options. Ask for quotes from several providers and compare rates carefully. You may find that it costs less than you think for optional car insurance protection.