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re: Tort reform in Louisiana - you can only choose 3
Posted on 2/19/24 at 2:36 am to udtiger
Posted on 2/19/24 at 2:36 am to udtiger
quote:
5) Increase mandatory minimum insurance coverage to 25/50/50
Insurance rates keep increasing as it goes, and naturally it would have to cost more to up minimum coverages, but this measure could potentially put a good dent in the amount of UM/UIM claims. Perhaps the insurance companies paying less on UM/UIM means lower rates over time. Who really knows
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