Office of Motor Vehicles sends more than 1 million letters to drivers for lapsed insurance coverage The Louisiana Office of Motor Vehicles has sent out more than 1 million letters to drivers, seeking to collect some $400 million in fines associated with lapsed auto insurance coverage. These letters were sent to approximately 550,000 Louisiana drivers, many of whom have more than one vehicle, or were unable to insure their vehicles for a period of time. Some drivers are facing fines as high as $656 for driving without auto insurance coverage.…
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Auto insurance fines spark controversy in Louisiana
Louisiana Office of Motor Vehicles aims to collect on fines that are decades old Louisiana Insurance Commissioner Jim Donelon is taking aim at the state’s Office of Motor Vehicles. Last week, the agency issued notifications to consumers throughout the state, seeking to recoup millions of dollars in fines for auto insurance lapses. A significant portion of these fines are quite old, with some coming from violations dating back as far as 1986. Notices issued to consumers caused an outcry, which got the attention of the Louisiana Department of Insurance. State…
Read MoreInsurance law that fines uninsured Louisiana drivers cause anger
These high penalties have caused some residents of the state to call this new regulation unfair. A new insurance law has now gone into effect in Louisiana, which is designed to deter drivers from heading out onto the road while uninsured, but some residents of the state are now calling it unfair, as the penalties associated with it are quite high. Previously, the fine for driving without any auto insurance had been a small, one-time fee. However, drivers are now discovering that this insurance law means business. The fee now…
Read MoreAuto insurance rates are headed up due to claims and litigation
The drivers in Louisiana are familiar with rising premiums, and now they are given another reason why. An auto insurance rates study has added some confirmation for residents in Louisiana who have been wondering why their premiums have been steadily rising and are now continuing to do so. The study didn’t necessarily discover anything new but it did prove what had previously been believed. What it found was that in a state where the auto insurance premiums are recognized as among the highest in the country – particularly in Baton…
Read MoreAuto insurance highest in Louisiana yet again
The latest comparison of rates among the states has held the state as the most expensive, once more. According to the latest statistics from Insure, a comparison of the average auto insurance rates in March have shown that Louisiana drivers pay the highest amounts in the entire country. The next state after Louisiana in terms of the highest expense for coverage was Michigan. Louisiana drivers pay an average annual auto insurance rate of $2,699, while Michigan motorists pay an annual average of $2,520. In third place was Georgia, where the…
Read MoreLouisiana home to most expensive auto insurance coverage in the US
Survey shows Louisiana leads in terms of auto insurance costs Insure.com, an online insurance marketplace, has released its latest annual survey concerning the average cost of auto insurance throughout the U.S. The survey highlights the cost of auto insurance rates in all states, showing how much consumers can expect to pay to cover their vehicles. This year, the survey shows that Louisiana is at the top of the list of states where auto insurance coverage is most expensive. Maine is the state with the lowest average auto insurance coverage rates.…
Read MoreHomeowners insurance online tool for rates available to Louisiana residents
State officials have released a web based tool for home and auto policy rate comparisons. The Louisiana Department of Insurance has just announced the launch of a new online tool that is available for residents of the state who are shopping for auto and homeowners insurance, to allow them to compare rates. This interactive online tool will help them to discover the best rates for suiting their needs. The automobile and homeowners insurance rate comparison guide is an online system that was created to allow residents to find the best…
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