Drivers in Louisiana can expect to pay at least $71 a year more in car insurance starting January 1, according to KTBS News’ article “Car insurance bills to rise for Louisiana drivers.” This new law that increases the required minimum liability coverage will effect over one million people in Louisiana. Unfortunately for the drivers, many are not even aware that this new law has passed. Insurance companies did not have to notify their policyholders in advance of this required increase in their coverage.
The current law in Louisiana requires what is known as “10-20-10″ liability coverage for cars and trucks. That means $10,000 of coverage for the injury or death of one person from a car accident, $20,000 of coverage for more than one person, and $10,000 of damaged property coverage. This new law ups the coverage to $15,000, $30,000, and $25,000 respectively. A State Farm Insurance quote will now work those new figures into your policy. Even those who carry minimum insurance will see a significant increase in their policy amounts.
