Louisiana – Tips for Saving on Car Insurance


This article focuses on a few tips to help you save some money on Auto Insurance. The first step would be to make sure you have a lot of available options. Go to many different vendors and obtain quotes. Each vendor offers different services at varying rates. The trick is to choose the vendor who offers all the services you need at the lowest rates. To choose the right services, sit down and carefully analyse your finances. You might have a great health insurance policy already. It would not make any sense to buy an auto insurance policy with medical options. Thus, you will be able to figure out which are the services you need and calculate the perfect company to provide insurance.

There are many other discounts and ways to save money on Auto Insurance. You can choose to buy insurance for all your vehicles together. This will definitely help you save some money and you can get the multi vehicle discount. It will also help you save some money if you buy different kinds of insurance from the same vendor.

Buying health and auto insurance from the same vendor will prompt him to give you a discount. You can also save money on the insurance rates as you will be choosing only the services you need and not unnecessary ones. Maintain a clean driving record. If you maintain a clean record, you will be less of a risk. You will be charged much lower premiums and can save a lot of money. If you have a good student in your house, you can avail the good student discount. This will also serve as an incentive for the student to keep his grades up.

You can also choose to attend the driver education classes arranged by the DMV. These classes cost you a small amount of money. But going to these classes will ensure the insurance company that you are a stable and safe driver. This will result in a discount and reduction of insurance rates. If you are over fifty years of age, you can save a lot of money as insurance premiums are very low. Do not claim insurance for small dents and scratches. If the number of claims is more, the insurance premium will also be high.

 You can also save a lot of money by raising your deductible on your physical damage policy. Physical damage policies are collision and comprehensive damage policies. Raise the deductibles for these policies. This will decrease you premiums. You will have to pay more as deductible at the time of payment. However, the money you save up from the reduction in premiums is a lot more.

The state of Louisiana has fixed the minimum liability at ten thousand dollars per person for bodily injury, twenty thousand dollars in total for bodily injury and ten thousand dollars for property damage. This will change to fifteen thousand dollars per person for bodily injury per person and thirty thousand dollars in total per accident.  The minimum on property damage will also be increased to twenty five thousand dollars.