10 things you should know about car insurance in Louisiana (1)

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10 Things You Should Know About Car Insurance in
Louisiana
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• You probably dont think about your car insurance
  very often. And thats okay, because car
  insurance doesnt need to be one of those things
  you are thinking about all the time. However, if
  you do drive, and especially if you drive a lot
  or have expensive tastes in cars, then you need
  to be informed about what kind of insurance
  coverage you need. So what does car insurance
  cover? In this post, we will explore some basic
  information about car insurance in Louisiana.

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What does car insurance cover?

• Insurance is a contract between you and the
  insurance company. In return for a premium, the
  insurance company agrees to pay for certain
  losses that you could suffer as a result of
  certain events. When you drive a car, there are
  several kinds of losses that you could incur. -
  Liability coverage protects you if you cause an
  accident and injure someone or damage their
  property. - Comprehensive coverage protects you
  if your car is stolen, vandalized, or damaged by
  weather such as hail, hurricanes, or tornadoes. -
  Medical coverage protects you if you are in an
  accident and need medical attention. This is
  often part of your health insurance, but if you
  are in an accident, your health insurance may not
  cover the full amount of your medical expenses. -
  Uninsured/underinsured motorist coverage protects
  you if you are in an accident with someone who
  does not have any insurance or not enough
  insurance to cover your expenses. This type of
  coverage also protects you and your passengers if
  you are hit by someone with too little insurance.

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How to buy your insurance

• Insurance is a contract between you and the
  insurance company. You make regular payments to
  the insurance company in return for protection
  against certain losses. You can purchase
  insurance from a variety of sources. The
  insurance company will determine how much you
  have to pay based on your risk and circumstances.
  You can also control the risk by carefully
  selecting the amount and types of insurance you
  purchase. When you buy insurance, you will want
  to be sure that you are getting a good deal. Shop
  around and compare rates from several different
  insurance companies. You may be surprised by how
  much of a difference in rates you can find
  depending on the company you go with.

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Who to buy from Independent Agent or Direct
Dealer?

• Both independent agents and direct dealers sell
  auto insurance. Each type of salesperson has an
  interest in seeing that you buy the right kind of
  insurance. An independent agent has no direct
  financial interest in the sale of your insurance.
  An agents income comes from a percentage of the
  premium paid by the insurance company. This means
  that an independent agents interest is in making
  sure that you get the right type of insurance at
  the best price. A direct dealer or a broker works
  for an insurance company and is paid a fee,
  usually by the company, for each policy sold.
  This means that their interest is in selling you
  the companys policies and not necessarily the
  right type of insurance at the best price.

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Your deductible The most important decision you
make

• Your deductible is the amount of money that you
  agree to pay for any losses that you incur before
  the insurance company begins to pay. For example,
  if you have a 500 deductible and you have a
  total loss, meaning that your car is destroyed in
  an accident or stolen, then you will only have to
  pay 500 out of your pocket before your insurance
  company begins to pay for any repairs or a new
  car. If you have a 100 deductible and the same
  thing happens, then you will have to pay the
  first 100 of any claims and your insurance
  company will pay the rest. You should take a
  careful look at your situation and decide what
  amount you can comfortably afford to pay as a
  deductible. You will pay lower premiums if you
  have a higher deductible, but you will have to
  pay more out of your pocket if there is a loss.

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Liability Insurance Legal requirement and
protection for others

• Liability insurance is a legal requirement in
  most states. It is a type of coverage that pays
  the medical bills and any other costs that people
  incur as a result of your car accident, up to the
  amount specified in your policy. Liability
  insurance protects you from being sued by someone
  who is injured in your car and from having your
  assets seized. In Louisiana, you must have at
  least 25,000 in liability coverage per person
  injured in an accident, 50,000 for all people
  injured in an accident, and 25,000 for property
  damage. Your liability coverage will pay for the
  costs of any injuries or damage that you cause to
  others.

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Comprehensive Insurance Protection for your car
and peace of mind

• If your car is stolen or damaged by a hurricane
  or hail or by vandalism, or floods, then your
  comprehensive insurance will cover the cost of
  repair or replacement. This type of insurance
  also protects you from financial loss if you
  cannot drive your car due to an accident or
  illness. For example, if you are in an accident
  that prevents you from driving for six weeks, the
  cost of your insurance will remain the same.
  Without this type of coverage, your insurance
  premium would almost certainly go up when you can
  drive again.

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Conclusion

• Car insurance is an important part of our lives,
  but it does not need to be something that we
  think about all the time. It is important to
  understand what type of coverage you need and how
  to find the best insurance for your situation.
• Please visit here for more information
  https//www.bonanoinsurance.com/