Louisiana auto insurance coverage Archives

Louisiana gives State Farm the green light to raise auto insurance rates

August 11, 2023August 10, 2023 Logan B.

Auto insurance rates - Green light - Louisiana

Drivers in the state are already facing high premiums for their homeowners coverage. Homeowners have already been watching their premiums rise in Louisiana, and now drivers can expect that their auto insurance rates will be rising there as well. State Farm recently requested a hike of 17 percent in the state, and it now has its approval. Drivers are starting to wonder how they will be able to afford their auto insurance rates following hikes that have already been applied to their home coverage. “It’s not nice to be a…

Louisiana auto insurance prices are forcing drivers out of the state

July 14, 2023July 14, 2023 Logan B.

Prices for coverage have been skyrocketing and motorists have reached the point that they can’t afford it. Louisiana auto insurance has been steadily on the rise, and those increases have been getting increasingly sharp more recently. Rates have been climbing across the country, but the state is facing particularly rapid premium increases. According to the Insurance Commissioner, the Louisiana auto insurance market has become a challenge both for personal policies as well as commercial coverage. The reason, said the commissioner, is that the state is home to the highest claims-to-litigation…