People who call Louisiana home pay some of the highest rates for car insurance in the country. What makes Louisiana car insurance different?
According to data compiled by the website CarInsuranceQuotes.com, Louisiana and Michigan residents pay the highest percentage of their annual incomes for car insurance in the United States. People living in Michigan pay about 8% of their annual incomes while people living in Louisiana pay about 5.5%.
Car insurance rates differ from state to state due to a number of variables. The annual amount of injury claims is one such variable and is the main reason why Louisiana car insurance is so expensive. Louisiana has a higher number of injury claims per year than any other state.
Other variables that affect the cost of Louisiana car insurance include:
- Local costs for medical care and car repairs
- The costs of insurance fraud in Louisiana
- The number of uninsured motorists on the road
- The percentage of residents living in densely populated areas
Stop paying too much for Louisiana car insurance
Just because Louisiana pays the second highest car insurance rates in the country doesn’t mean you have to settle for whatever premium you’re quoted. Guffey Insurance Agency, Inc. of Baton Rouge represents six of America’s top rated auto insurers, including Safeco, Progressive, MetLife, GMAC, Kemper, Foremost and more.
We’ve been helping residents of Louisiana find the best rates and coverage for car insurance since 1974. Let us do the shopping around for you. Get a free car insurance quote today and start paying less for Louisiana car insurance.