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A new study of quadrant information services, for, carried out has as Michigan State topped, its inhabitants the most for your insurance policy numbers.  Michigan took the lead in this year from Louisiana, which is the country the most expensive insurance State led in the past year.

New figures show Louisiana premiums average $2,453 per year with Michigan slightly higher with an average of $2,541 per. The cost of the motor is insurance premiums in Louisiana an interesting case study in what federal driving premiums through the roof.  In the case of the Pelican State it seems to be a bit of everything.

The often cited causes for higher than average insurance premiums include the average number of accidents per year in the State, the State of the state roads and how many “high accident zones” it has, uninsured or underinsured motorists and the average condition of the vehicles on the road.

One thing that the insurance situation in Louisiana is more difficult, however, requires a State law, that all claims under $50,000 by a chosen judge and no full jury be compensated.  This is because Louisiana “lawsuit happy state,” the report, and the law is to discourage a Frivole complaints.

Law makes insurance more expensive

Unfortunately is the net effect of this law, the insurance only go copyright claim disputes before a judge, no jury and judges tend to do so, with large insurance companies rather than individual insurance payer page.  This means that insurance companies know that they are more likely to lose disputes and to demand higher insurance premiums to compensate for these projected losses.

Opelousas Mayor Don Cravins SR., who owns an insurance company, is not however agree that the right of the sole or majority reason for high premiums in Louisiana.

“Although the land act very minor reason why insurance rates in Louisiana are higher, there are many other factors contribute to high prices.” “You can blame the insurance companies, the medical profession, legal profession, questions of the streets in Louisiana, was numerous claims and the high percentage of people driving without insurance, which forces people with insurance, uninsured/underinsured to buy driver for their policies.”

He says that all of these factors more exactly, but the numbers disagree in the problem. According to an insurance Research Council analysis, 13 percent of the Louisiana drivers are not insured, that same as Nevada, Minnesota and Alaska. There are 21 States with 15 percent or higher driver without insurance, including Mississippi.

Time to review the situation

Louisiana State Republic Ricky Hardy says, that it time for the House of representatives look at the results of the report and see if it is something that can be done about it.  One thing that immediately will help to resolve the situation is reduce uninsured driver, but for this reduction in the premiums will be first.

For this reason, Hardy says he is going to take a look in the law that allows only jury for studies claims more than $ 50,000, and see whether this number could be reduced.  This could potentially be enough price premiums so that a greater proportion of the uninsured driver coverage could purchase liability.

Motor insurance: Louisiana car insurance: MichiganTraffic mortality decline in United States, study SaysOnly 2% of the buyers of any insurer, study SaysMore drivers are not assured actually captured during RecessionTags: car insurance Louisiana auto insurance Michigan car insurance premiums


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