Louisiana Farm Bureau planning to cut car insurance rates
BATON ROUGE, La. (AP) - Thousands of Louisiana drivers will see car insurance costs fall starting in August.
Insurance Commissioner Jim Donelon announced Monday that Louisiana Farm Bureau plans to drop rates by 4.4% on its 220,000 auto insurance policies in the state. The lower premium charges will start Aug. 1, when people get new or renewed policies.
That's the third car insurance company to seek approval for rate decreases from the insurance department. Donelon earlier announced that State Farm and Progressive Insurance were cutting their car insurance rates.
The insurance department says the combined reductions will mean that more than 1.5 million drivers in Louisiana will see lower automobile insurance costs. Still, Louisiana's average car insurance premiums remain among the highest in the country.
Desktop NewsClick to open Continuous News in a sidebar that updates in real-time.
Garden District residents still vigilant after suspects terrorizing neighborhood arrested
75 cooks competing for the Jambalaya World Champion title in Gonzales
Parents say Baton Rouge police took 20 minutes to respond to potential...
'It's a long time coming': Iberville Parish President pleased with potential bridge...
In wake of two boating fatalities, Pointe Coupee officials hoping for safe...
Southern baseball walks off Jackson State in SWAC Tournament
Southern baseball wins game one 21-2 over Alcorn
VIDEO: Former Saints and Tiger Devery Henderson talks about the difference between...
New NCAA rules tweak opens door for more SEC dominance
VIDEO: Devery Henderson Talk about Bluegrass Miracle and the Saints "Rebirth game"