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Auto insurance about to take another big jump....

Posted on 12/27/24 at 8:49 am
Posted by Cell of Awareness
Member since Jan 2024
1219 posts
Posted on 12/27/24 at 8:49 am
Advocate

quote:

When the Louisiana Supreme Court reviewed a nearly $19-million judgment awarded to a truck driver severely injured in a 2018 crash, justices determined a jury granted him and his family too much money and stripped away nearly 75 percent of the damages.

But the court issued a new ruling last week that reinstates much of the plaintiff’s original judgment.

The court's reversal could have broader implications for how courts decide whether and when juries in personal injury cases impose relatively large monetary damages.
Posted by OysterPoBoy
City of St. George
Member since Jul 2013
43062 posts
Posted on 12/27/24 at 8:50 am to
Crawfish just went up $1/lb.
Posted by CocomoLSU
Inside your dome.
Member since Feb 2004
155523 posts
Posted on 12/27/24 at 8:50 am to
Maybe one day we'll get an insurance commissioner who actually wants to...you know...help us out. That would be nice.
Posted by Allthatfades
Mississippi
Member since Aug 2014
8696 posts
Posted on 12/27/24 at 8:54 am to
I pay more for insurance now on a 2013 Silverado than I did when it was brand new. And that’s with no tickets and claims. Insurance is the biggest scam there is. But knowing my luck, if I dropped it, I’d hit a deer tomorrow.
This post was edited on 12/27/24 at 8:56 am
Posted by HamCandy
Team Meat
Member since Dec 2008
923 posts
Posted on 12/27/24 at 8:56 am to
I just got a call from State Farm this week and my auto insurance went down 18%....

Posted by Methedup77
Member since Dec 2024
288 posts
Posted on 12/27/24 at 8:57 am to
Won’t ever happen. When you have those leeching injury lawyers looking to kill companies or sink people lives over a fender bender just to take their 33%? It’s why we pay what we pay. Until judges stop taking stupid cases like “I burnt my lip on this pickle,” then only one way to go. UP! Pretty soon I’ll just shove all my assets in a trust and keep my uninsured car in my name. That way if I get in an accident and they try to sue. I got nuffin
Posted by drizztiger
Deal With it!
Member since Mar 2007
45001 posts
Posted on 12/27/24 at 9:02 am to
quote:

Insurance is the biggest scam there is.
I just wish there were more insurance company commercials so I could see the different options available. But unfortunately, they are too invested in paying claims than advertising.
Posted by TigerAllNightLong
Member since Jul 2023
989 posts
Posted on 12/27/24 at 9:02 am to
Jeff Landry and his relationship with the legal industry will be his undoing.
Posted by Jake88
Member since Apr 2005
78094 posts
Posted on 12/27/24 at 9:04 am to
quote:

I just got a call from State Farm this week and my auto insurance went down 18%..
Mine went down as well.
Posted by Methedup77
Member since Dec 2024
288 posts
Posted on 12/27/24 at 9:07 am to
Mine didn’t and no wrecks or tickets and 3 vehicles
Posted by TSmith
New Orleans, La.
Member since Jan 2004
2244 posts
Posted on 12/27/24 at 9:07 am to
Been in Michigan for the holidays, and it has been a really nice break from the personal injury attorney commercials.
Posted by bad93ex
Walnut Cove
Member since Sep 2018
34382 posts
Posted on 12/27/24 at 9:09 am to
Sweet, just in time for me to add two teenagers onto my policy.

I’ll be lucky to be able to afford a Bass Tracker instead of a Bass Cat now.
Posted by yellowfin
Coastal Bar
Member since May 2006
98756 posts
Posted on 12/27/24 at 9:09 am to
quote:

pay more for insurance now on a 2013 Silverado than I did when it was brand new.



A 2013 doesn’t have the safety features new vehicles have so if you are in an accident, you’re more likely to be seriously injured. That cost insurance companies much more that replacing the vehicle.
Posted by TDsngumbo
Member since Oct 2011
49188 posts
Posted on 12/27/24 at 9:14 am to
From my observation working in the insurance industry for so long, the frivolous payouts usually happen without a jury so without knowing anything else about that particular case, I lean towards the man deserving much of that $19M award if a jury awarded it. It must've been a serious injury resulting from egregious negligence on the part of the other driver.

In my opinion, EVERY personal injury claim in this state should automatically go to a jury.
This post was edited on 12/27/24 at 9:15 am
Posted by Purple Spoon
Hoth
Member since Feb 2005
20219 posts
Posted on 12/27/24 at 9:19 am to
I dive a Ram that has been paid for for 10 years.

I could pay cash for a new truck in what I have paid in insurance over those ten years. Well…..at least a new truck at the price I bought that one.
Posted by lostinbr
Baton Rouge, LA
Member since Oct 2017
12651 posts
Posted on 12/27/24 at 9:20 am to
quote:

A 2013 doesn’t have the safety features new vehicles have so if you are in an accident, you’re more likely to be seriously injured. That cost insurance companies much more that replacing the vehicle.

Ah yes. It’s common knowledge that the biggest factor when insuring a 10-year-old truck is the possibility that you get sued by your own passenger after an accident. If he had a blind spot sensor, that risk would obviously be way lower.
Posted by StringedInstruments
Member since Oct 2013
20504 posts
Posted on 12/27/24 at 9:23 am to
quote:

Maybe one day we'll get an insurance commissioner who actually wants to...you know...help us out. That would be nice.


Nah. You’ll only get the ones who promise to help you then do a 180 once in office.

Luigi did nothing wrong!
Posted by ExtraGravy
Member since Nov 2018
974 posts
Posted on 12/27/24 at 9:26 am to
quote:

Been in Michigan for the holidays, and it has been a really nice break from the personal injury attorney commercials


Fun fact, Michigan has the highest auto insurance rates in the nation, and has for many years.
Posted by udtiger
Over your left shoulder
Member since Nov 2006
112634 posts
Posted on 12/27/24 at 9:29 am to
The Court's reasoning on rehearing was so fricking strained.

I can only imagine what a hellhole this state would be if punitive damages were in play on a regular basis.
Posted by Lsupimp
Ersatz Amerika-97.6% phony & fake
Member since Nov 2003
85330 posts
Posted on 12/27/24 at 9:33 am to
This is why I have avoided purchasing a motor car. They are the Devil’s work. My horse and buggy offer a delightful respite from the elements in a reasonable amount of time far away from your citadels of concrete and steel.
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