Car Insurance Requirements In Louisiana | Gordon Crawford - Auto Accidents
Channel: Gordon R Crawford & Associates
Date: 2021-12-08

https://www.attorneycrawford.com/

Gordon R. Crawford & Associates
324 East Worthy Road 
Gonzales, LA 70737 
United States 
(225) 228-3450

Louisiana requires what we call a $15,000, $30,000, $25,000 policy. It means that there is $15,000 of insurance coverage for bodily injury to one person and $30,000 of bodily injury coverage for more than one person in the vehicle, plus $25,000 for damage to someone else’s vehicle or property. It’s important to realize that $15,000 for one person is not a lot of coverage. If you injure a doctor or a lawyer, or anyone who makes a good deal of money by way of wages, and he or she is not able to work due to the injuries, $15,000 is not going to cover much. So, the value of an individual’s claim may be $150,000.00, but your insurance policy will pay only $15,000.00. The claimant will sue you for the other $135,000.00. If you hit and total someone’s vehicle, $25,000 may not be enough to replace it.
Likewise, if there are more than one occupant of the car you hit, and their combined claims (for example), have a value of $60,000.00. Your insurance policy only pays them $30,000.00 and they sue you for the $30,000.00 not covered by your policy.
The same holds true if you have only $25,000.00 coverage for damage to the other vehicle involved. Let’s say you damage a nice new SUV to the extent of $50,000.00. Your insurance policy only pays $25,000.00 of this and they sue you for the remaining $25,000.00.

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