State Farm Rate Increase 2024 Louisiana. 29% of louisiana drivers insured by state farm, or more than a million people, might be surprised by their latest car insurance bill. Louisiana insurance commissioner jim donelon confirmed to wdsu that state farm has been approved to raise car insurance rates by 17.3%.
Is $2,601 annually, or $217 monthly for $300,000 in dwelling coverage and liability and a $1,000 deductible. State farm increased car insurance rates in louisiana by 4.3% on average as of april 5.
Premium Insurance Rates Continue To.
State insurance commissioner jim donelon said 29% of.
For Example, Louisiana Has A Much Higher Rate Of Bodily Injury Car Insurance Claims And Lawsuits Than The National Average.
“it all started with covid, and then lack of supply and demand, and.
Veririsk’s Reconstruction Cost Analysis Shows Costs Increased Just 3.1% Between April 2022 And April 2023.
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Louisiana Average Premium In February 2024:
State farm to increase auto insurance rates in louisiana 17%.
That’s Down From The 6.8% Increase From January.
29% of louisiana drivers insured by state farm, or more than a million people, might be surprised by their latest car insurance bill.
Is $2,601 Annually, Or $217 Monthly For $300,000 In Dwelling Coverage And Liability And A $1,000 Deductible.