Even though Louisiana Gov. Bobby Jindal didn’t sign the bill, a new law will raise auto insurance rates for more than one million Louisiana motorists in 2010 by increasing the minimum liability coverage required for drivers. Jindal let it take effect without his signature.
Louisiana law currently requires car and truck owners to have at least “10-20-10” liability coverage. That’s $10,000 coverage for damage of other people’s property, $20,000 for injury or death to more than one person in an accident and $10,000 for injury or death to one person.
The new law will change the levels to “15-30-25” on Jan. 1, 2010.
On the Net: House Bill 1312, http://legis.state.la.us
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