A new study from the IRC (Insurance Research Council) ranks Louisiana at the top of the list of least affordable states for auto insurance.
This past year, only three states earned the notorious distinction for having rates above $2000. The rates were calculated by looking at the average of a 2018 model-year version of America’s 20 best-selling vehicles.
The three states with the worst rates were Michigan, Florida, and you guessed it... Louisiana.
As residents of the state, we all know how much money we sink into coverage of our vehicles each year. It can be a horrifying number to look at. There are probably many factors that you're not even aware of that factor into your insurance rate. That's why we are here to help!
We have compiled a list of ways to lower your rates. Check out our article by clicking below.
17 Tips to Pay Less For Car & Truck Insurance
There are a number of reasons why Louisiana's rates continue to top the list year after year. Let's take a look at two of the main reasons:
Frequency of Auto Accidents and Resulting Injury Claims
In 2017, Louisiana topped the list with the highest bodily injury (BI) liability claim frequency in the United States (1.75 claims per 100 insured vehicles, almost double the countrywide rate of 0.90 claims per 100 insured vehicles).
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Prevalence of Attorney Involvement and Litigation
Another important factor is the frequency that Louisiana claimants hire attorneys and file lawsuits. Among 2017 BI 
claims, 54 percent of Louisiana claimants hired attorneys, compared with 48 percent of claimants in other states.
Louisiana claimants were also 60 percent more likely to file lawsuits when compared to other states.
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Who are we?
Founded in 2017, Thimmesch Kastner Insurance is a full service insurance broker based in Lafayette, LA. We offer a variety of insurance products, and will work closely with you to explain all of your options, and coverage’s. We listen to your needs, and develop a customized portfolio for your lifestyle. We offer home insurance, auto, liability (Umbrella), health, life, commercial insurance (business), motorcycle, ATV, UTV, RV, Boat Insurance, Marine Insurance, and Cyber Insurance.
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