Louisiana drivers can purchase auto insurance in two different forms. These two forms are bodily injury insurance and property damage liability insurance. With bodily injury insurance in place, a driver in Louisiana is covered if he or she injures someone in an accident. Property damage insurance, on the other hand, covers the driver if he or she damages property in an accident.
The regulations of Louisiana automobile insurance are pretty easy to follow. Essentially, the insurance company takes full responsibility for the driver and pays for any expenses that result from an accident the insured driver may have.
The liability limits of Louisiana auto insurance are 10/20/10. This means that Louisiana auto insurance companies must offer drivers coverage of at least $10,000 per person for bodily injuries from an accident. Companies must also offer $20,000 for bodily injuries that occur as the result of an accident on a per accident basis. Louisiana drivers must also carry a minimum of $10,000 for property damage.
Bodily Injury Liability, or BI, insurance is mandated at a minimum of $10,000 per person and $20,000 per accident. This insurance paid when the insured drive is at fault for the accident and when payments need to be made as the result of accidental injury or death to the other driver. These cots are also covered for passengers in the other driver’s car, pedestrians that are involved in the accident, and for passengers in the driver’s car.
Property Damage, which is known as PD for short, is must be in place for a minimum of $10,000 per accident. With this insurance in place, the insured driver is covered if he or she is responsible for an accident and any property is damaged and in need of being repaired or replaced.
In order for a driver to register a vehicle in Louisiana, he or she must present proof of insurance. Louisiana law also requires drivers to either have insurance in place or to pay for any damages they cause out of their own pockets. There are many methods that a Louisiana driver can use to prove that adequate insurance coverage is in place. In addition to using an insurance card to prove coverage, a driver may also show his or her temporary insurance card to demonstrate proof.
A Louisiana driver can also prove coverage with the help of a premium receipt or an insurance binder that was issued by an authorized insurance agent. A current declarations page associated with a liability insurance policy may be used or the driver can even present the actual policy. A certificate of liability insurance issued from an authorized agent or an insurer may also be used to prove coverage.
If a Louisiana driver has purchased a new vehicle within the past 60 days, he or she can also demonstrate proof of insurance by showing that he or she had valid insurance coverage for the vehicle that the new vehicle replaced. When renting a vehicle, the Louisiana driver must present a copy of his or her rental agreement showing that the vehicle is properly covered.