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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 ...
The federal minimum wage applies in states with no state minimum wage or a minimum wage lower than the federal rate (column titled "No state MW or state MW is lower than $7.25."). Some of the state rates below are higher than the rate on the main table above. That is because the main table does not use the rate for cities or regions.
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.
Workers' compensation or workers' comp is a form of insurance providing wage replacement and medical benefits to employees injured in the course of employment in exchange for mandatory relinquishment of the employee's right to sue his or her employer for the tort of negligence. The trade-off between assured, limited coverage and lack of ...
The Louisiana Insurance Commissioner is a statewide constitutional office that regulates the insurance industry in Louisiana.The Insurance Commissioner serves as the head of the Louisiana Department of Insurance, which consists of ten divisions; Consumer Advocacy, Financial Solvency, Health Insurance, Legal Services, Licensing & Compliance, Minority Affairs, Management & Finance, Public ...
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