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re: Auto insurance rates plummet

Posted on 5/17/24 at 6:59 am to
Posted by ibldprplgld
Member since Feb 2008
25097 posts
Posted on 5/17/24 at 6:59 am to
quote:

Is LA cracking down on uninsured motorists? My understanding that is the biggest problem.


UM is a big problem, but the biggest problem is that people in La are so fricking litigious.

We need tort reform badly.
Posted by OTIS2
NoLA
Member since Jul 2008
50233 posts
Posted on 5/17/24 at 7:08 am to
Posted by Damone
FoCo
Member since Aug 2016
32966 posts
Posted on 5/17/24 at 7:15 am to
That’s the answer, just need to let those insurance companies keep more of the money they earn (the purpose of which is to cover the exact scenarios that need to be stopped) and surely they will pass the savings down to consumers and not just retain higher profit margins!
Posted by Flats
Member since Jul 2019
21972 posts
Posted on 5/17/24 at 7:47 am to
quote:

We need tort reform badly.


So does Florida. The Southern half of the state is (I suspect) turning us into ambulance chaser hell.
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