Searching for Louisiana car insurance requirements? You came to the right place. Below we outline exactly what Louisiana law requires of car owners in our state.
First, it’s important to understand that Louisiana is considered a “fault” state. This means that a driver who is legally at fault for causing a car accident is liable for any personal injury or property damage resulting from the crash.
In other words, if you cause a car accident, you’re going to have to cover any damages resulting from the incident, which could end up costing you a lot of money.
That’s why Louisiana—like most states—requires by law that the owner of a motor vehicle carries car liability insurance. Car insurance is meant to provide financial protection if the vehicle owner or anyone else is injured in an accident involving the vehicle.
Louisiana law requires the following minimums for auto liability insurance:
- $15,000 per person in an accident
- $30,000 per accident for bodily injury or death
- $25,000 for property damage
Louisiana law also requires that you either carry uninsured motorist (UIM) at the same coverage limit as your liability coverage, choose to carry a lower limit of UIM than your liability limit, or reject the coverage completely.
UIM coverage is meant to protect you in the event you are injured by an at-fault driver who either doesn’t have car insurance or has an insufficient amount of insurance to cover the damages. You are able to waive this type of coverage in writing if you choose.
The minimum may not be enough.
Even though Louisiana law requires only the above minimum coverage amounts, it’s a good idea to carry a car insurance policy with more coverage. Medical bills and car repairs add up quickly. If you’re at fault for an accident with damages that exceed your policy limits, you may end up paying a lot out-of-pocket to cover the difference.
We hope you have found this explanation of Louisiana car insurance requirements helpful. If you have more questions, contact Guffey Insurance Agency, Inc. or fill out our quote form a free auto insurance quote.