Cheap auto insurance. Louisiana.

Auto insurance. Louisiana.

What do I do first?

  • Shop around for the policy that is right for you.
  • Do not buy the first policy you hear about.
  • Get quotes from several companies before you sign an application and pay a premium.
  • Be aware of insurance scam artists and unauthorized insurance operations.
  • Buy only from authorized insurance companies and producers. Unauthorized insurance operations are illegal and their policyholders are unprotected if the company goes broke.
  •    Louisiana law requires that all registered owners of an automobile carry liability insurance. Uninsured motorists are subject to penalties such as fines, limited recovery of damages, and impoundment of the uninsured vehicle.
       Motorists who fail to provide proof of insurance can have their vehicles immediately impounded or have their license plates removed and a yellow sticker affixed to the back windshield of the vehicle. The motorist is then given three days to provide proof of insurance to the Office of Motor Vehicles. After three days, if the motorist is stopped again, the officer can impound his or her vehicle until proof of insurance is given and all towing and reinstatement fees are paid. The fines range from $75 to $100 on the first conviction, $100 to $250 on the second conviction and up to $700 on each conviction after that.
       The law known as "No Pay, No Play" prohibits uninsured motorists from collecting the first $10,000 in property damages and the first $10,000 in personal injuries regardless of who causes the accident. This law also includes a provision that may allow you to waive your right to make a legal claim for pain and suffering if you buy economic-only uninsured motorist coverage.

    What kinds of discounts can I get?
    • Your age. Generally, single male drivers under 25 and female drivers under 21 have much higher insurance costs than other drivers.
    • Where you live. Urban areas have a higher incidence of accidents and auto thefts than rural areas, so urban rates tend to be higher.
    • Type of car. Luxury, sports and high-performance cars have the highest comprehensive and collision rates.
    • Your deductibles. A deductible is your share of the cost of comprehensive or collision coverage. If you opt for a high deductible, your premiums will be lower. For example, buying collision coverage with a $500 deductible will cost less than the same coverage with a $250 deductible.
    • Your driving record. If you have a good driving record, some companies offer a discount. Tickets and at-fault accidents can mean higher premiums.
    • You are often eligible for a discount under a "multi-car" plan if you insure two or more cars with the same insurance company.
    • You may get an auto insurance discount if you have life or homeowners insurance with the same company.
    • Most Louisiana insurance companies will give discounts to full-time students with a B average or higher. Farmers and senior citizens may also qualify for discounts.
    • Some companies may reduce your liability and collision premiums if you take a defensive driving course. Teenagers who have taken driver education may get a similar discount.
    You may be entitled to a discount if you have extra safety features on your vehicle. Examples are anti-lock brakes, anti-theft devices and air bags.

    If you would like to check on a company, call the Louisiana Department of Insurance.
    Toll Free, statewide: 1-800-259-5300
    Baton Rouge: (225)342-0895

    Am I buying from a legitimate company? Ask about a company's or producer's license status.

    Will the company be around to pay my claims? Ask for the company's financial letter grade from at least one nationwide rating firm.

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