WIDE, AND CAR BREAK-INS ARE JUST ONE OF THE REASONS CONTRIBUTING TO THAT PRICE HI.KE WDSU ’ S JENNIFER CROCKETT JOINS US LIVE AT 50.:0 JENNIFER. YOU speak WITH THE LOUISIANA INSURANCE COMMISSIONER AND WHAT INFORMATION DO DRIVERS NEED TO KN .OW > > I STARTED LOOKINGNTO I CAR INSURANCE RATES BECAUSE TWO SERATEPA DRIVERS TOLD ME THEIR GEICO INSURANCE WAS GOING UP OVER 30 %. I REACHED OUTOT THE DEPARTMENT OF INSURANCE AND FOU OUTND THIS IS AFFECTING MOST DRIVERS IN OUR STATE. LOUISIANA ’ S INSURANCE COMMISSION IS TRACKING A RISE IN CAR INSURANCE RATES THIS YEAR. E THCOMMISSION SENT ME THIS LIST OF THE TOP FIVCAE R INSURERS WITH THE HIGHEST RATE HIKES IN OUR STATE. driver I TALKED TO SAID THE PRICE IS PAINFUL, BUT NOT SURPSIRING. > > NO, ABSOLUTELY NOT. I THINK THEY HAVE ALWAYS BEEN HIGH. reporter : new DRIVERS TEND TO PAY SOME OTHE F HIGHEST RATES. I ASKED louisiana ’ S OFFICE OF MOTOR VEHICLES TO BREAK DOWN THE NUMBER OF NEW LICENSES ISSUED IN THE LAST THREE YEARS. THEY SHOW A STEADY INCREASE IN 2019, 2020 AND 2021. raw drive PERMITS ALSO SHOW A JUMP IN EXPENSIVE-TO-INSEUR TEENAGE DRIVERS, WITH NEARLY 12,000 MORE TEENS BEHIND THE WHEEL, JUST LAST YEAR. > > WE ’ RE PAYING A LOT FOR EVERYTHING, BUT THE WAGES ARE NOT GOING .UP SO YOU HAVE TO DECIDWHATE YOU ’ RE GOING TO CUT BACKN OSO YOU CAN KEEP ON EVERYDAY LIFE. REPORT : ER COMMISSIONEOFR INSURANCE JIM DONALON SAYS ALL THOSE NEW DRIVERS, COUPLED WITH EXTREME WEATHER, A RISE IN POST-PANDEMIC DRIVING, AND ACCIDENTS, AND THE HIGHER COST OF NEW AND USED CARS TODAY, ARE ALL INFLATING INSURANCE COSTS. IN OUR REGION CAR BREAK-INS DAN THEFTS ARE MAKING RATES RISE, even MORE. > > IT AFFECTS IT SIGNIFICANTLY BECAUSE THOSE CARS ARE TYPICLYAL HIGHER DOLLAR VEHICLES THAT EAR ATTRACTIVEO TCAR JACKERS AND THIEVES, AND THAT RESULTS IN A SIGNIFICANT CLAIM BEING FILED. composition : ER DONELON SAYS THE COST OF THOSE CLAIMS IS SHARED BYLL A CUSTOMERS, HITTING DRIVE WHERERS IT HURTS. > > THEY ALREADY HIGH ANCHOR : COMMISSIONER DONENLO TOLD ME YOU CAN EXPECT HOMEOWNERS INSURANCE RATES TO GO UP THIS YEAR TOO. HIS ADVICE SHOP AROU. I WILL HAVE AN ART
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car insurance rates going up in Louisiana
Five insurers with the highest hikes

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car indemnity rates are going up in Louisiana, with some drivers reporting hikes of up to 35 % compared to the lapp coverage last class. Rates had remained relatively bland in late years, with a 1.8 % average increase in 2021 a 4.1 % decrease in 2020, and a 1.4 % decrease in 2019, but Louisiana Insurance Commissioner Jim Donelon said those discounts will end this year for most customers.Donelon said as drivers emerged from lockdown the count of car accidents went up excessively, which started to affect indemnity rates. “ due to increased force and mileage and accidents, but besides due to the spike in inflation we ‘re experiencing the monetary value of new cars is at the soap, ” Donelon said.At the lapp time, floods, wildfires and hurricanes led to a spike in claims across the globe, while car prices and car thefts soared. “ It ( crime ) affects it significantly because those cars are typically higher dollar vehicles that are attractive to carjackers and thieves and that results in a meaning claim being filed, ” Donelon said. “ Their claim can not be used against them in the pricing of their own coverage, but it can be used on the overall statewide. ” According to the Department of Insurance, Louisiana insurers with the highest average rate increases approved in 2021 include : Geico ( besides known as Berkshire Hathaway Group ) +9.6 % The General ( besides known as american Family Insurance Group ) +9.1 % Shelter Insurance Group +6.9 % GoAuto Insurance Company +6.7 % Liberty Mutual Group ( besides known as Safeco ) +4.6 % Donelon said drivers should shop around and can much save some money by comparing competitors ’ rates. According to Louisiana ’ s Department of Insurance, car insurers with the highest pace decreases approved in 2021 include : AAA ( besides known as Auto Club Enterprises Insurance Group ) – 1 % Old American Indemnity Company ( besides known as Orpheus Group ) – 5.6 % Safeway Insurance Group – 5.2 % USAA ( besides known as United Serv Automobile Association Group ) – 4.4 % Allstate and Imperial – 2.9 % .As drivers absorb the rate changes, Donelon said homeowners can besides expect to pay more for their insurance. He said home indemnity rates increased 6.7 % last class and are expected to continue to rise this year.For tips on ways to lower your policy rates, pawl here .
car insurance rates are going up in Louisiana, with some drivers reporting hikes of up to 35 % compared to the same coverage last year. Rates had remained relatively flat in recent years, with a 1.8 % average increase in 2021 a 4.1 % decrease in 2020, and a 1.4 % decrease in 2019, but Louisiana Insurance Commissioner Jim Donelon said those discounts will end this year for most customers. Donelon said as drivers emerged from lockdown the act of cable car accidents went up excessively, which started to affect insurance rates .

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“ Due to increased drive and mileage and accidents, but besides due to the spike in inflation we ‘re experiencing the monetary value of fresh cars is at the soap, ” Donelon said. At the same time, floods, wildfires and hurricanes led to a spike in claims across the earth, while car prices and car thefts soared. “ It ( crime ) affects it significantly because those cars are typically higher dollar vehicles that are attractive to carjackers and thieves and that results in a significant claim being filed, ” Donelon said. “ Their claim can not be used against them in the price of their own coverage, but it can be used on the overall statewide. ” According to the Department of Insurance, Louisiana insurers with the highest average rate increases approved in 2021 include :
Geico ( besides known as Berkshire Hathaway Group ) +9.6 % The General ( besides known as american Family Insurance Group ) +9.1 % Shelter Insurance Group +6.9 % GoAuto Insurance Company +6.7 % Liberty Mutual Group ( besides known as Safeco ) +4.6 % Donelon said drivers should shop around and can often save some money by comparing competitors ’ rates. According to Louisiana ’ s Department of Insurance, car insurers with the highest pace decreases approved in 2021 include : AAA ( besides known as Auto Club Enterprises Insurance Group ) – 1 % old american english Indemnity Company ( besides known as Orpheus Group ) – 5.6 % Safeway Insurance Group – 5.2 % USAA ( besides known as United Serv Automobile Association Group ) – 4.4 %

Allstate and Imperial – 2.9 %. As drivers absorb the pace changes, Donelon said homeowners can besides expect to pay more for their policy. He said home insurance rates increased 6.7 % concluding year and are expected to continue to rise this year. For tips on ways to lower your insurance rates, click here .

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