Car insurance rates rose more than 25% in February 2024, according to data fromBankrate. Premiums forfull coverage auto insuranceaveraged $2,543, a 26% increase from the same time in 2023. Nationwide, drivers spent an average of 3.41% of their income on car insurance premiums. In some stat...
deaths. The most notable of these was hurricane Katrina in 2005 which destroyed New Orleans’s levees and flooded 80% of the city. Of course, an insurance company will consider that a resident of Louisiana has a high probability of weather related automobile damage when determining their rates....
Louisiana may have fewer urban centers, but they’re actually at the top of the list for high auto insurance rates. Average premiums in the state are over $2,500. According to Forbes, California isn’t far behind with average premiums just over $1,700. This makes Californiathe ninth most...
In Louisiana and Florida, for example, wheresevere weather events have become increasingly common over the past several years, drivers are forking over the largest share of their paychecks toward their car insurance than drivers in any other state — an average of ...
In April 2024, an insurance study found Louisiana drivers have the eighth-highest insurance rates in the country. Although there are common factors contributing to the higher costs — higher parts and labor costs and industry challenges over the past few years — the Louisiana legislature is invest...
Louisiana Highest, Maine Lowest for Car Insurance Rates.The article discusses the highest and the lowest car insurance rates in Louisiana and Maine based on a state- by-state study conducted by Insure.Com Inc.EBSCO_bspWards Dealer Business
According to Bankrate’s analysis of annual premiums from Quadrant Information Services, the average cost of car insurance in the U.S. is $2,638 per year. Minimum coverage, on the other hand, has an average annual cost of $767. However, car insurance rates can be quite different even for...
How Your Louisiana Auto Insurance Rates Are Determined Insurance companies take a wide variety of factors into account when setting rates that determine ultimately how much you pay for insurance. By understanding how rates are determined, Louisiana citizens will be better equipped to make choices that...
The best 1-week car insurance companies are Progressive, Geico, and State Farm stand out as top choices. Progressive earns the top spot overall, known for its robust coverage options. Get short-term policy discounts of up to 11%. Compare quotes from these companies to find the best rates ...
NerdWallet’s guide on how to compare car insurance rates from insurers like Geico, Progressive and State Farm, plus regional car insurance companies.