Legal Rights When Vehicle is Damaged
Legal Rights When Vehicle is Damaged One unfortunate outcome of being in an auto accident is that your vehicle sustains damage. There are many issues involved when a vehicle is damaged. For example, there are issues concerning the extent of the damages (total loss or repairable), rental charges, loss of use and diminished value as […]
Mandated Auto Insurance
Mandated Auto Insurance Do you have an automobile? If so, is it insured? For every vehicle that is licensed and road worthy, Louisiana has compulsory insurance requirements mandating automobile insurance coverage. Louisiana not only requires automobile insurance but also mandates the minimal amount of coverage required. The current minimum insurance required is only $15,000/30,000/25,000 which […]
The Nuts and Bolts On Uninsured/Underinsured Motorist Coverage, Part II
The Nuts and Bolts On Uninsured/Underinsured Motorist Coverage, Part II With the Louisiana statutory mandated liability coverage requirement of only $15,000/$30,000, it is a forgone conclusion that Underinsured Motorists coverage should be coverage that every Louisiana motorist obtains on their vehicles. And even though UM coverage is automatically provided with limits equal to the limits […]
THE NUTS AND BOLTS ON UNINSURED/UNDERINSURED MOTORIST COVERAGE
The Nuts And Bolts On Uninsured/Underinsured Motorist Coverage Insurance coverage can be complicated. In the context of automobile insurance there are many coverage options… liability, comprehensive, collision, medical payments, towing and uninsured/underinsured motorists coverage (UM Coverage). Many insureds are either not aware of these options or, if aware, do not fully understand what is covered. […]
Tort Reform – REAL OR HOAX?
Tort Reform – Real Or Hoax? Tort reform has been the rallying cry of the insurance industry and big business for decades. Simply put, tort reform is an unwarranted assault on our civil justice system and an encroachment on the civil liberties of every citizen. It is always falsely presented as necessary to reduce insurance […]
Compulsory Automobile Insurance….No Pay, No Play
Compulsory Automobile Insurance….No Pay, No Play Compulsory Automobile Insurance….No Pay, No Play Louisiana has compulsory insurance requirements mandating automobile insurance coverage. Louisiana not only requires automobile insurance but also mandates the minimal amount of coverage required. The current minimum insurance required is only $15,000/30,000/25,000 which represents an increase from $10,000/20,000/10,000, which increase in coverage limits […]
Uninsured Motorist Coverage-What Is It, Part II?
Uninsured Motorist Coverage-What Is It, Part II? WHAT IS UNINSURED/UNDERINSURED MOTORIST COVERAGE, PART II The last article generally touched on automobile insurance and the various coverage options available with an emphasis on the complexities and pitfalls of Uninsured/Underinsured Motorist Coverage. This article will serve as Part II of the discussion on Uninsured/Underinsured Motorist Coverage aka […]
Uninsured Motorist Coverage-What Is It?
Uninsured Motorist Coverage-What Is It? What Is Uninsured/Underinsured Motorist Coverage? Insurance coverage can be complicated. In the context of automobile insurance there are many coverage options…..liability, comprehensive, collision, medical payments, towing and uninsured/underinsured motorists coverage (UM Coverage). Many insureds are either not aware of these options or, if aware, do not fully understand what is […]