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Message
re: Insurance rate increases
Posted on 6/20/23 at 1:38 pm to charminultra
Posted on 6/20/23 at 1:38 pm to charminultra
Why is car insurance so much more expensive in Louisiana? Surely someone must know?
1
Posted on 6/20/23 at 1:47 pm to DevilDagNS
quote:
Why is car insurance so much more expensive in Louisiana? Surely someone must know?
Because Louisiana takes more property losses and has more uninsured drivers than the rest of the country, besides Michigan.
Mix that with the fact that costs have increased (inflation) on everything your insurance is covering (your property, liability of damaging others property and medical in the event someone gets hurt in the accident)
Louisiana is a low income state, with a high cost of living.
This post was edited on 6/20/23 at 1:50 pm
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