Louisiana Launched A New Way to Collect Fines for Auto Insurance Lapses! - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Advertise
    • Contact
    • Editorial Staff
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
May 20, 2016 Newswires
Share
Share
Tweet
Email

Louisiana Launched A New Way to Collect Fines for Auto Insurance Lapses!

PR Newswire iReach

LOS ANGELES, May 20, 2016 /PRNewswire-iReach/ -- Cheapquotesautoinsurance.com has released a new blog post presenting the new Louisiana system of collecting fines for auto insurance lapses.

Photo - http://photos.prnewswire.com/prnh/20160518/369157

Driving without auto insurance is illegal in Louisiana as it is many other states. Being caught without proof of insurance means paying a large fine and in case of an accident, the uninsured motorist will not benefit from any legal or financial protection. This means that he/she will have to pay for car repairs and any legal fees in case the other party sues.

Louisiana put up together a new system that lets state officials collect fines from motorists they believe are uninsured or underinsured. The newly created Office of Debt Recovery has the authority to extract money from bank accounts, intercept tax refunds and recommend that a person's state-issued professional license be suspended. These are all now possible due to a new 2013 legislature that gives the state access to all of the tactics named above.  

The new system seems to be working. The state has already recovered a lot of money from unpaid fines. As the article shows, "The state's Office of Motor Vehicles has capitalized on the Office of Debt Recovery's powers, as the OMV has mailed over 1.2 million letters to people they say were driving without insurance. OMV Deputy Commissioner Stacy Hoyt said the office has collected $22.5 million of the projected $444 million owed to the agency."

Since auto insurance is mandatory, drivers should not risk driving without coverage. They can buy a cheap liability auto insurance plan online. To find the best policies, clients have free access to quotes provided by http://cheapquotesautoinsurance.com/.

Comparing online car insurance quotes can help someone save more than 25% off their coverage expenses. It is an easy and simple tool that should always be used before signing a policy.

"Louisiana drivers should get the right auto insurance plan, especially since the state has a lot more power to fine uninsured motorists. Drivers can visit our website and find cheap auto insurance plans in their areas in just a few minutes." said Russell Rabichev, Marketing Director of Internet Marketing Company.

Cheapquotesautoinsurance.com  is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to  offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.

For more information, please visit http://cheapquotesautoinsurance.com/.

Media Contact: Russell Rabichev, Internet Marketing Company, 800.475.3410, [email protected]

News distributed by PR Newswire iReach: https://ireach.prnewswire.com

 

SOURCE Internet Marketing Company

Older

Chubb Announces Latin America Regional President Jorge Luis Cazar Named “Latin American Most Influential Individual of the Year” by Reactions

Newer

Residents pick up after hail storm

Advisor News

  • Mitigating recession-based client anxiety
  • Terri Kallsen begins board chair role at CFP Board
  • Advisors underestimate demand for steady, guaranteed income, survey shows
  • D.C. Digest: 'One Big Beautiful Bill' rebranded 'Working Families Tax Cut'
  • OBBBA and New Year’s resolutions
More Advisor News

Annuity News

  • MetLife Declares First Quarter 2026 Common Stock Dividend
  • Using annuities as a legacy tool: The ROP feature
  • Jackson Financial Inc. and TPG Inc. Announce Long-Term Strategic Partnership
  • An Application for the Trademark “EMPOWER PERSONAL WEALTH” Has Been Filed by Great-West Life & Annuity Insurance Company: Great-West Life & Annuity Insurance Company
  • Talcott Financial Group Launches Three New Fixed Annuity Products to Meet Growing Retail Demand for Secure Retirement Income
More Annuity News

Health/Employee Benefits News

  • New Mexico's insurance exchange sees record enrollment ahead of Jan. 15 deadline
  • Studies from University of Southern California Yield New Information about Managed Care (Why do few Medicare beneficiaries switch their Part D prescription drug plans? Insights from behavioral sciences): Managed Care
  • Wyoming's catastrophic 'BearCare' health insurance plan could become reality
  • Duckworth pushes military IVF coverage as critics warn taxpayers could pay
  • House to consider extension for expired ACA subsidies
More Health/Employee Benefits News

Life Insurance News

  • U-Haul Holding Company to Participate in KeyBanc Capital Markets Self-Storage Investor Forum
  • Clients want independent agents to blend trusted expertise and digital convenience
  • TPG and Jackson Financial Inc. Announce Strategic Partnership to Accelerate Growth
  • Conn. regulators prep PHL Variable for liquidation after selloff fails
  • New York Life Enters 2026 with Industry-Leading Financial Strength Ratings
Sponsor
More Life Insurance News

- Presented By -

Top Read Stories

More Top Read Stories >

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Elevate Your Practice with Pacific Life
Taking your business to the next level is easier when you have experienced support.

ICMG 2026: 3 Days to Transform Your Business
Speed Networking, deal-making, and insights that spark real growth — all in Miami.

Your trusted annuity partner.
Knighthead Life provides dependable annuities that help your clients retire with confidence.

8.5% Cap Guaranteed for the Full Term
Guaranteed cap rate for 5 & 7 years—no annual resets. Explore Oceanview CapLock FIA.

Press Releases

  • Two industry finance experts join National Life Group amid accelerated growth
  • National Life Group Announces Leadership Transition at Equity Services, Inc.
  • SandStone Insurance Partners Welcomes Industry Veteran, Rhonda Waskie, as Senior Account Executive
  • Springline Advisory Announces Partnership With Software And Consulting Firm Actuarial Resources Corporation
  • Insuraviews Closes New Funding Round Led by Idea Fund to Scale Market Intelligence Platform
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Advertise
  • Contact
  • Editorial Staff
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet