Governor Jeff Landry has announced General Motors Insurance is a new company that can provide auto insurance in Louisiana. But Insurance Commissioner Tim Temple says GM National Insurance is not new and has been doing business in the state in 2006. Temple says they do have a new product available for drivers of newer GM vehicles.
“Use this driver behavior data to personalize insurance pricing and reward safe driving habits,” Temple said.
Governor Landry says General Motors Insurance uses in-vehicle technology already built into Chevrolet, Buick, GMC and Cadillac vehicles that are 2016 or newer to offer personalized rates based on safe driving habits. Temple says this type of technology is also offered by other insurers in Louisiana.
“Other companies have had this product for years. GM was just, I guess, getting into the game with that,” Temple said.
Shortly after Governor Landry issued a press release welcoming General Motors Insurance to the state, Temple issued a press release several hours later saying GM National Insurance is not a new company to Louisiana, but they have a new product.
“And I certainly applaud and celebrate a new product coming in, because that does give consumers additional choice. And you’ve heard me say before, you know, competition is one of the best ways to get better pricing,” Temple said.
