Louisiana Car Insurance
For anyone who wishes to operate a motor vehicle in the state of Louisiana, there are certain requirements that must be met. The state requires that all drivers have liability coverage. The requirements for Louisiana car insurance are 10/20/10. This formula means the minimum policy must cover $10,000 bodily injury liability per person, $20,000 bodily liability injury per accident and $10,000 property damage liability. You can of course purchase more coverage than this, and if you can afford to do so it may be a wise decision.
You can get higher coverage on your liability policy if you wish. There are other types of automobile insurance you might also want to consider. If you have a car that has a lien on the title, you may be required to carry a certain amount and type of insurance. Often people will tell you that when you buy a new car, you are required to have full coverage insurance. This is because the dealership is financing the car and wants to protect it. There is no full coverage policy, this term refers to a variety of different types of coverage on one vehicle.
Liability is of course included in this category, although the limits may be higher than the minimum requirements. Collision coverage is also included. Collision insurance protects you in the event of an accident that is your fault. It covers medical costs and property damage. Comprehensive coverage will protect your vehicle if it is damaged by certain acts of nature, such as hail or storms, for example. Comprehensive also covers things like theft and vandalism. Uninsured and underinsured motorist insurance is also important, because if you are in an accident with a negligent driver who is either uninsured or who does not have enough insurance you may be left with unpaid costs.
The first step when looking for Louisiana car insurance is to get quotes. You can go to an insurance broker for this, who can take your information and get you various quotes from different companies. You can also do this on your own using the Internet. There are insurance companies and agencies online that offer free instant quotes. All you do is fill out a form and upon submission, you will be returned with estimates based on your information. These are estimates only, your actual costs will not be known until your official application has been submitted and approved.