This rate filing follows a February 2023 filing in which the insurance companies requested a statewide 28.4% increase.
Posts tagged as “auto insurance”
Louisiana drivers spent 1.0 percent of their income for crash repair coverage and 0.4 percent to cover other vehicle damage.
Workshop to address historic increase in auto insurance complaints as they jump 48% in last two years.
Compared to pre-pandemic average of 12 days, the repair process is historically slow with higher costs as insurance companies struggle with claims expectations.
Five Northeast states rank among the 10 most expensive, while Michigan is first in U.S. for highest vehicle insurance costs.
Collision repairers place 32 auto insurers on report card 'Honor Roll' while State Farm, Geico, Progressive and Allstate didn't receive an overall grade higher than a "C+".
