Louisiana Property & Casualty Insurance License Exam — All Questions
3 questions
What are Louisiana's minimum auto liability limits for a private passenger vehicle?
- a.$15,000 / $30,000 / $25,000✓
- b.$25,000 / $50,000 / $25,000
- c.$50,000 / $100,000 / $25,000
- d.$10,000 / $20,000 / $10,000
Louisiana's minimum liability limits are 15/30/25: $15,000 bodily injury per person, $30,000 per accident, and $25,000 property damage, per the Insurance Information Institute state financial-responsibility chart. These are minimums that can change by law, so confirm current figures with the Louisiana Department of Insurance.
How does Louisiana generally handle auto injury claims?
- a.As a pure no-fault state where each driver's own insurer pays regardless of fault
- b.As a traditional at-fault (tort) state, where injury claims are pursued against the responsible driver✓
- c.By barring all lawsuits arising from auto accidents
- d.Through a state-run fund that pays all injury claims
Louisiana is a traditional at-fault (tort) state, not a no-fault state: bodily injury and property damage liability are the required coverages and injury claims are pursued against the at-fault driver, per the Insurance Information Institute state chart, which lists only BI and PD liability as required in Louisiana.
In Louisiana, how is uninsured/underinsured motorist (UM/UIM) coverage generally handled on a personal auto policy?
- a.It is never available in Louisiana
- b.It is mandatory and cannot be waived
- c.It must be offered by the insurer but may be rejected or reduced by the insured in writing✓
- d.It is automatically included at $1,000,000
Louisiana does not compel UM/UIM as a flat minimum; instead insurers must offer UM coverage and the insured may reject it or select lower limits in writing. Producers should document the insured's election. Confirm the current UM selection/rejection rules with the Louisiana Department of Insurance.