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Louisiana House Panel OKs Hike in Car Insurance Minimum

Texas / South Central News • May 9, 2008
In a move that insurers say could lead to Louisiana having the highest auto insurance liability rates in the nation, a House of Representatives committee has approved HB 1312, which would raise ...

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Subject: RE: RE: RE: 25/50/10

Posted On: May 21, 2008, 1:29 pm CDT
Posted By: Hopeitpasses
Comment:
I am an attorney. I am representing a family member who was severly injured in an accident. He was not at fault and the driver of the other car was 100% at fault and has 10/20/10 coverage and no other money. My family member's hospital bill is $60k. Who is responsible for the bill? My family member, who will only get $10k from this dummy's insurance company. That leaves my family member responsible for $50k.

So keep that in mind when you object to the increase. Also, the minimum was put in place in the 1980s - $10k in 1985 is like $40k today.

One other point to note - a corvette in the early 1980s was 15-20k. Today it's $50-60k base model. Imagine having your dream car and some idiot with 10/20/10 coverage slamming into it - now you're stuck with the difference.
Subject Posted By Posted On
RE: RE: hopeitpasses hopeitpasses
May 21, 2008, 3:27 pm
RE: RE: hopeitpasses hopeitpasses
May 21, 2008, 3:24 pm
RE: hopeitpasses Snow drop
May 21, 2008, 3:08 pm
RE: RE: hopeitpasses hopeitpasses
May 21, 2008, 2:35 pm
RE: hopeitpasses Snow Drop
May 21, 2008, 2:03 pm
RE: RE: RE: 25/50/10 Hopeitpasses
May 21, 2008, 1:29 pm
RE: RE: 25/50/10 james
May 13, 2008, 7:41 am
RE: RE: 25/50/10 iiicat
May 10, 2008, 4:46 am
RE: 25/50/10 HighInLA
May 9, 2008, 3:34 pm
RE: 25/50/10 HanValen
May 9, 2008, 1:46 pm
25/50/10 calypso
May 9, 2008, 1:29 pm
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