No, you do not need rental car insurance in Louisiana. As is the case in most states, rental car companies in Louisiana provide the minimum state-required liability insurance coverage as a part of their basic contract. Specifically, they provide $15,000 in bodily injury liability insurance per person ($30,000 per accident) and $25,000 in property damage liability coverage per accident.
If you have an existing personal car insurance policy that includes other types of coverage, like collision or comprehensive, or liability limits that are higher than what your state requires, the extra protection will extend to your rental car. But if you don’t have auto insurance coverage of your own, it may be a good idea to purchase additional coverage from the rental company if you’re concerned about having enough protection in an accident.
For example, you can purchase a collision damage waiver, which provides coverage comparable to collision and comprehensive insurance. This type of coverage may even apply automatically if you pay for your rental with the right credit card. You can also purchase supplemental coverage that adds to the existing liability and medical payments limits from your personal policy.
WalletHub Answers is a free service that helps consumers access financial information. Information on WalletHub Answers is provided “as is” and should not be considered financial, legal or investment advice. WalletHub is not a financial advisor, law firm, “lawyer referral service,” or a substitute for a financial advisor, attorney, or law firm. You may want to hire a professional before making any decision. WalletHub does not endorse any particular contributors and cannot guarantee the quality or reliability of any information posted. The helpfulness of a financial advisor's answer is not indicative of future advisor performance.
WalletHub members have a wealth of knowledge to share, and we encourage everyone to do so while respecting our content guidelines
. This question was posted by WalletHub.
Please keep in mind that editorial and user-generated content on this page is not reviewed or otherwise endorsed by any financial institution. In addition, it is not a financial institution’s responsibility to ensure all posts and questions are answered.