Louisiana Auto Insurance

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Louisiana Auto Insurance Requirements

One thing that’s important to know about Louisiana auto insurance law is that it requires motor vehicle operators to carry a Liability insurance policy. Something else that’s important to know is that this state’s minimum requirements are very low. Minimums for bodily injury liability are $10,000 per person and $20,000 per accident. Bodily injury expenses include such things as medical and dental bills, lost wages, and funeral expenses. With today’s high cost of medical care, drivers may wish to consider purchasing higher amounts. Likewise for property damage which covers the costs of repairing the other person’s vehicle and any property damaged in an accident caused by the insured. The minimum required limit on property damage liability in Louisiana is $10,000.

Louisiana Insurance Requirements

That’s all Louisiana requires in an auto insurance policy. Optional coverage drivers may wish to consider includes Comprehensive and Collision insurance. Usually offered as a bundle, they cover the cost to repair the policyholder’s vehicle if it is involved in a collision with another vehicle. Comprehensive coverage pays the costs to repair the policyholder’s vehicle if it is damaged by reasons beyond the control of the driver; reasons such as weather, animals, vandalism and theft.

Louisiana Uninsured/Underinsured Motorist Coverage

Another coverage Louisiana motorists might be interested in is called Uninsured/Underinsured Motorist coverage. Like the name suggests, uninsured motorist coverage pays a driver’s bodily injury-related expenses when the at-fault driver doesn’t have auto insurance. It also pays when the driver is involved in a hit and run accident. Underinsured motorist coverage may cover the driver’s bodily injury expenses that are not paid by the at-fault party’s insurer in the event the at-fault driver is underinsured. Considering the number of Louisiana drivers that choose Louisiana minimums, this type of coverage is probably good to have.

Louisiana Department of Insurance

It’s that way in Louisiana so if you have questions you need answered now, visit the Louisiana Department of Insurance website at www.ldi.state.la.us/ or call toll-free1-800-259-5300 or 1-800-259-5301.

 

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