Allstate reduced its automobile insurance rates in Louisiana up to 7% earlier this month. State Farm dropped its insurance rates twice a year ago as the COVID-19 pandemic raged and several other insurance companies reduced their rates as well.
Across the country, automobile insurance rates fell in 33 states last year, according to The Zebra, a leading insurance comparison website.Accident-related lawsuits, uninsured drivers among the factors. Read more...