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Auto insurance rates in La. are out of control...
Posted on 10/4/19 at 4:41 am
Posted on 10/4/19 at 4:41 am
First State Farm, Progressive and Farm Bureau...now Greg...
quote:. LINK
Go Auto announces insurance rate reduction for Louisiana drivers
BATON ROUGE, La. (WAFB) - Drivers in Louisiana insured by Go Auto will see a reduction on the bottom line of their bills, Insurance Commissioner Jim Donelon announced Tuesday.
Donelon approved a 3.6% rate reduction for the Louisiana insurance provider.
Over 74,000 drivers in Louisiana are insured by Go Auto.
This reduction comes after State Farm, Progressive, and Louisiana Farm Bureau announced reductions this year.
More: State Farm has cut insurance rates again for Louisiana drivers
Together, the reductions will impact nearly 1.5 million policyholders in the state.
Posted on 10/4/19 at 5:08 am to TigerGman
I have SF and had not see a drop in my rate. 
Posted on 10/4/19 at 5:15 am to fishfighter
How is Go Auto with claim handling?
Posted on 10/4/19 at 5:19 am to BHM
I don’t know, but I do know that their commercials are painful to watch.
Posted on 10/4/19 at 5:28 am to fishfighter
quote:
I have SF and had not see a drop in my rate.
Call your agent.
Posted on 10/4/19 at 5:28 am to TigerGman
Come on bro.... none of that changes the fact that this area and state are the highest in the country by far.
Are you trying to get your boy re-elected? I’d bet those decreases were in caddo or Caldwell parish and that there were increases for some in the BR areas.
Are you trying to get your boy re-elected? I’d bet those decreases were in caddo or Caldwell parish and that there were increases for some in the BR areas.
Posted on 10/4/19 at 5:32 am to HebertFest08
quote:
none of that changes the fact
So nearly 5% rates decreases are a bad thing? I suppose you'd be happier if they kept going up.
Come on man.
ETA:
quote:
I’d bet those decreases were in caddo or Caldwell parish
Didn't realize they had 1. 5 million residents of those two parishes.
This post was edited on 10/4/19 at 5:36 am
Posted on 10/4/19 at 5:35 am to TigerGman
quote:
Call your agent.
Fixing to do away with SF after almost 40 years. Home and Auto coming up for renew next month. Been shopping around.
Posted on 10/4/19 at 5:38 am to fishfighter
It could just be that the price reduction came after your 6 month, or however long, premium was set. Just had mine renewed and noticed a significant drop. Might want to wait and see what your premium will be.
Posted on 10/4/19 at 5:41 am to jgoodw318
Imagine that, more favorable news for the incumbent dropping one week before the election
Posted on 10/4/19 at 5:51 am to jgoodw318
Home is once a year and auto once every 6 months.
Posted on 10/4/19 at 6:08 am to fishfighter
quote:
I have SF and had not see a drop in my rate.
Insurance rates dropping is a myth.
Posted on 10/4/19 at 6:10 am to fishfighter
quote:Just don't be one of those jackasses that calls in and says "I've been with State Farm for decades and I'm leaving unless you lower my rates!"
Fixing to do away with SF after almost 40 years.
The agents literally can't change your rates without making some sort of decrease in your coverage
Posted on 10/4/19 at 6:15 am to Henry Jones Jr
quote:But they can examine the policies and find they weren’t giving you credit for car alarms, etched glass or where they mistakenly had a 17 year old as the primary driver of your jag rather than the 12 year old truck.
The agents literally can't change your rates without making some sort of decrease in your coverage
Plus monitored home alarm discounts or reductions for wind ratings on your construction.
This post was edited on 10/4/19 at 6:17 am
Posted on 10/4/19 at 6:15 am to TigerGman
We Definitely have a problem.
Trial lawyers
No cap on damages
Prescriptive period too short
Trial lawyers
No cap on damages
Prescriptive period too short
Posted on 10/4/19 at 6:16 am to tigerinthebueche
quote:
Imagine that, more favorable news for the incumbent dropping one week before the election
Yep.
Posted on 10/4/19 at 6:48 am to TigerGman
Despite personal rate cuts, Louisiana commercial auto rates ‘continue to go up’
quote:
While the series of cuts come as welcomed news to Louisiana drivers, notoriously plagued by high auto premiums, insurance experts are quick to note this doesn’t change the fact that the state’s rates still rank among the highest in the nation.
quote:
The rate cuts, first of all, are only for the personal lines market, says Jeff Albright, CEO of Independent Insurance Agents and Brokers of Louisiana. In the state’s commercial market, auto rates have not only not gone down, they’ve risen.
quote:
“The problem is much worse in the commercial lines market,” Albright says. “Rates continue to go up. We’re literally driving business out of the state because of the extremely high costs of commercial insurance.”
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