Louisiana's car insurance market has long been plagued by rising costs, and the situation only appears to be worsening. This unwelcome distinction as the most expensive state for car insurance has significant financial implications for residents.
The company announced up to a $2 billion dividend to its auto insurance customers. It is the single largest dividend paid to its customers in company history.
Some drivers have been getting $500 tickets in the mail for what they think is a speeding ticket from a red light camera, but they've actually been caught driving without any insurance.
How about some possible good news? It looks like there's a chance you might be saving some money this Summer by way of Louisiana's second-largest auto insurer decreasing their rate.
If you've received noticed from the OMV that you owe money for expired automobile insurance that department is now making it easier for you to plead your case.
A recent survey indicates that Louisiana gets the "distinction" of being number one among states for most expensive car insurance. The article lays out many of the reasons why that is true for the Pelican state.
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