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Louisiana Department of Insurance releases homeowners, auto insurance rate …

Louisiana Department of Insurance releases homeowners, auto insurance rate …

Louisiana Department of Insurance releases homeowners, auto insurance rate …
News from NOLA.com:

As residents shop for new insurance for a home or a new auto, the Louisiana Department of Insurance has launched an interactivehomeowners and automobile rate comparison guide. The system is designed to help policyholders to find the best rates when shopping for an insurance provider.

“Our hope is that these new systems will prove to be a useful resource for Louisiana homeowners and drivers,” Insurance Commissioner Jim Donelon said in a press release Thursday. “By allowing policyholders to easily compare the rates of insurers in Louisiana, it will put more information at people’s fingertips, saving them valuable time, and perhaps money.”

Consumers will be able to choose between different scenarios, picking various locations around the state, age of driver, driving record, value of home and coverage desired.

The LDI, however, makes clear that these examples presented are not designed to match an individual’s specific circumstances but more so to demonstrate the relative differences between companies in selected geographic markets. These examples will also lead policyholders to shop around, the department says.

The department said the Homeowners Comparison Guide doesn’t guarantee the insurance com…………… continues on NOLA.com

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