Report: Louisiana's car insurance rates are going up again

Report: Louisiana's car insurance rates are going up again

NEW ORLEANS, LA (WVUE) - According to a report by our partners | The Times-Picayune, Louisiana drivers can expect their car insurance rates to rise again this year.

The increase in car insurance will depend on the insurer, according to the report.

The report states that Louisiana has a high rate of uninsured drivers on the road and many others carry the absolute minimum coverage.

According to Louisiana Insurance Commissioner Jim Donelon, this encourages drivers to turn the court system to get larger payouts when an accident occurs. Donelon also said in the report that distracted driving and cheap gas, which encourages people to drive more, are causing more accidents, leading to rising rates nationwide.

About 40 percent of Louisiana drivers get by with the minimum allowable coverage, according to Donelon.

Donelon said most cannot afford to buy a better option and another 15 percent drive without coverage.

According to the report, the Louisiana Department of Insurance last year approved double-digit rate hikes for at least five insurers that either took effect in late 2017 or will kick in sometime this year.

To see how much your insurance is going up, view this interactive graphic broken down by insurer here.