Wednesday, July 16, 2008

Increase in auto insurance requirements becomes law

Starting in 2010, motorists will have to have more vehicle liability insurance and will probably pay more to get it, under a bill that became law Monday. House Bill 1312 by Rep. Erich Ponti, R-Baton Rouge, became law as Act 921 of the recently ended legislative session.

State law now requires drivers to have at least $10,000 of auto liability coverage for property damage and the death or injury of one person; and $20,000 for multiple deaths or injuries. Ponti's bill requires drivers to have at least $25,000 property damage coverage, $15,000 for the injury or death of one person; and $30,000 for the death or injury of more than one person.

It is one of 133 bills Governor Jindal has so far allowed to become law without gubernatorial action.

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