A Popular Car Insurance Company in Louisiana Just Raised Its Rates
When looking for car insurance, there are a lot of different things to keep in mind. Competitive rates and reliable customer service are a few good starting points.
Progressive, State Farm, GEICO, and Allstate have been dominant leaders in the auto insurance industry. But there are a lot of options to choose from based on your personal coverage needs.
Jerry will help you avoid overpaying for insurance when rates increase during renewal period; like it did for State Farm customers in Louisiana.
You’ll start to see higher insurance rates as more people start driving again | Twenty20
State Farm customers will see higher car insurance rates
4WWL said that drivers who use State Farm might want to check their premium rates before renewing their insurance policy. In the beginning of April, on average, State Farm increased its insurance rates by 4.3%. Drivers in Louisiana are already paying one of the highest average annual premiums.
This change applied to both new and current customers when they renew their policies. You’ll want to be aware of this before you renew your policy so you know how much more you have to pay. But even with the rate increase, it’s still lower than it was pre-COVID-19.
In July 2020, because less people were on the road due to the pandemic, State Farm had cut their insurance rates in Louisiana by 9.6%. As more drivers are heading back to the roads, there has been an increase in claims resulting in higher insurance rates.
Things to keep in mind when shopping for car insurance
If you’re a new driver, you don’t just want to pick the insurance company with the cheapest rate that doesn’t provide you with enough protection. The key to finding the right company is to make sure you know what policy you need and how to balance costs with coverage. A lot of factors like your age, driving record, and credit score can impact your insurance rates.
For example, Progressive is one of the best choices for individuals who move from a fair credit score to a poor one, according to AutoInsurance.org. You’ll want to research how your rates can change based on your driver risk and driving record.
You can also ask your insurance company if they offer any discounts based on things like safe driving or being a good student.
How to save money on car insurance
Jerry is one of the easiest ways to compare car insurance rates and save money. With the free app, you don’t have to fill out long forms or make any phone calls to get affordable insurance. Jerry makes it simple to find quotes from top insurance companies.
If you notice your rates increase, you might want to know if there’s a better deal on the coverage you need. Jerry can help you compare rates every time renewal comes up and cancel your old policy for you if you want to switch companies.