Auto Insurance In Louisiana
Have you ever tried to memorize the various nicknames of the states? Some of them are quite interesting, including the Pelican State. Try as you might, you may not know which state this is, even if you live in it, but a few people will quickly be able to spit out, “Louisiana!” If you live in this unique state, you may want to consider what you are currently paying for auto insurance in Louisiana. How are your prices currently? If you are moving to Louisiana, you should consider looking into insurance before you go so that you can have a good idea of what you will be paying. Here are a few last minutes things to remember as you look.
Proof of Auto Insurance in Louisiana
While living in Louisiana, there are a lot of people that can ask to see proof that you have actually insured your vehicle. There are several ways to prove that you have auto insurance in Louisiana, including showing your insurance policy, and insurance card, your insurance declaration page, or a letter from your insurance agency that is on a company letterhead. If you are stopped by an officer at any time and are unable to prove that you have insurance, you may be given a fine and your license suspended. If you fail to continue your policy or neglect to pay it at any time, your insurance company is responsible to let the DMV know. At this point a flag is marked next to your name and you will not be able to renew either license plate or driver’s license. To remove the flag, you must prove that you have new insurance, turn in your old license plates, or prove that your vehicle was sold or gotten rid of in some way. If none of these actions are completed within 10 days, there will be a reinstatement fee due.
Auto Insurance in Louisiana
In order to effectively purchase the best insurance for your needs, you must understand the minimum requirements. The state of Louisiana is different from other states in that it does not require either Personal Injury Protection or Uninsured/Underinsured Motorist Protection. On the other hand, if you would like to purchase either of these insurance plans, they will help to ensure that you covered in the case of an accident where the other person is found at fault but does not have sufficient coverage to fully cover your medical costs. The current levels for required auto insurance in Louisiana are 10/20/10. This means that you need to purchase a plan that will pay for up to $10,000 worth of coverage for one person’s medical costs and up to $20,000 for a group of individuals’ medical costs. Also, you need to have at least $10,000 coverage for property damage. You may choose to go higher than this, but that is not required. The state of Louisiana follows tort law, which means that one individual must be found to be at fault for an accident and must cover all costs of an accident.
Trends in Auto Insurance in Louisiana
One of the nice things about auto insurance in Louisiana is that they have a program called “No Pay, No Play.” This means that an uninsured motorist cannot take the first $10,000 in personal injury and $10,000 in property damage, regardless of whether they are not at fault for causing the accident. There are also very stringent fines placed upon individuals found to be without insurance. The current level of insurance premiums in Louisiana is a bit higher than the national average, running about $600 more a year. This is affected in part by the highway and urban speed limits set at 70 miles per hour. There is currently a ban on either driver or passenger of a vehicle possessing an open alcohol container at any time, but cell phone use is allowed. Now is the time to get your insurance, though. Don’t wait until you’ve had a fine placed on your or your license suspended for not having insurance. If you would like your free quote for auto insurance in Louisiana, enter your zip code at the top of the page.