LA AUTO INSURANCE REDUCTION - Some good news to report for drivers in Louisiana as one of the state’s largest auto insurers plans to cut its rates starting in November. State Farm announced Thursday that it will drop car insurance rates for more than 1 million policyholders by 2.6%. The insurer says that will be the fourth rate reduction in two years, a total cut of more than 10%. The lower premium charges will begin Nov. 25, when people get new or renewed policies. Several car insurance companies have decreased rates in recent months but Louisiana's average car insurance premiums still remain among the highest in the country.
Louisiana Drivers To Get Auto Insurance Rates Reduced
Courtesy: Chuck Smith / Red River Radio News