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Louisiana instituted an online insurance verification system in 2016 to handle the problem of uninsured drivers, who made up an estimated 13.7% of the state’s drivers in 2022. This system allows ...
Louisiana car insurance laws require minimum liability coverage with 15/30/25 policy limits. This means drivers must carry: $15,000 in bodily injury liability per person. $30,000 in bodily injury ...
After an accident, the average cost of car insurance in Louisiana for full coverage rises from $3,609 to $4,863. For comparison’s sake, the national average is $2,542. 4 things to do after a hit ...
In lieu of auto insurance, individuals can either (1) deposit $10,000 in cash, stocks, or bonds with the State Treasurer [34] who will issue a receipt [35] or (2) obtain a motor vehicle liability bond equal to the state minimum limits.
Minimum legal purchase age as of 1975 (when most states had their lowest age limit): Detail on dual age limits. Minimum legal purchase age as of 1983 (one year before the National Minimum Drinking Age Act was passed): Minimum age is 21. Minimum age is 20. Minimum age is 19 and 21. Minimum age is 19.
Data in the 2010 columns comes from Health Data. [ 11] Overall, life expectancy at birth in Hawaii, Washington, California, and New York are among the longest in the nation, while life expectancy at birth in Mississippi, American Samoa, and West Virginia are among the shortest in the nation.
States allowing self-insurance. Minimum self-insurance requirements. California. $35,000 cash deposit or surety bond. Connecticut. $50,000 cash or its equivalent for first vehicle, $60,000 for the ...
The first state commissioner of insurance was appointed in New Hampshire in 1851 and the state-based insurance regulatory system grew as quickly as the insurance industry itself. [10] Prior to this period, insurance was primarily regulated by corporate charter, state statutory law and de facto regulation by the courts in judicial decisions.