Why is Auto Insurance so much higher in the state of Louisiana?

Why is Auto Insurance so much higher in the state of Louisiana?

Did you know that Louisianans pay $2,126 on average in premiums for auto insurance? This is remarkably higher than the national average rate of $1,365, ranking Louisiana as #2 in the nation for high auto insurance rates. The reason Louisiana pays significantly more than other states is because of the laws that have been placed for the state of Louisiana. These laws consequentially increase the cost of auto injury lawsuits and as a result, make the residents of Louisiana pay more in premiums. These laws include but are not limited to: Seatbelt Gage Rule, Medical Billing Secrecy, Jury Trial Threshold, and Direct Action. To learn more about these laws and the crucial impact this has on the state of Louisiana, you can read the infographics posted below. If you would like to take a stand against Louisiana's rising auto insurance rates, you can click this link: https://action.lafreeenterprise.org

       

This is posted on behalf of the IIABL, which is an association for independent agents in the state of Louisiana.

- Fontenelle and Goodreau Insurance, LLC