Cheapest car insurance in Louisiana for 2022

Finding the cheapest car insurance in Louisiana can help you save money, but it doesn't have to mean sacrificing coverage. The average cost of full coverage car insurance in Louisiana is $2,724 per year, which is significantly higher than the national average of $1,674 and the most expensive in the country, but StrongInsurance discovered a number of companies that are less expensive. Southern Farm Bureau had the cheapest full coverage car insurance on our list, with an average annual premium of $1,871, while Geico had the cheapest minimum coverage car insurance, with an average annual premium of $575.

Because it provides less financial protection, minimum coverage car insurance is less expensive than full coverage. As a result, if you only have minimum coverage car insurance, you and your family may be financially vulnerable in the event of an accident. As a result, most insurance experts recommend purchasing full coverage insurance, which includes comprehensive and collision coverage. Full coverage insurance can also be affordable if you choose the right carrier and cheapest car insurance company for your needs.

The cheapest car insurance companies in Louisiana

StrongInsurance examined the most recent premium data from Quadrant Information Services to determine the cheapest car insurance companies in Louisiana. Then, to find the best car insurance companies in Louisiana, we looked at third-party financial strength and customer satisfaction data from AM Best and J.D. Power, respectively.

The cheapest companies for minimum coverage in Louisiana

If you're looking for low-cost car insurance in Louisiana, you might want to look into minimum coverage insurance. While the cheapest rates usually come with minimum coverage, you'll have to pay out of pocket if you're in an accident that costs more than your policy covers, which could be thousands of dollars or more.

If you do decide to buy minimum coverage insurance, Geico, Southern Farm Bureau, USAA, State Farm, and Louisiana Farm Bureau are some of the most affordable car insurance companies in Louisiana.

The cheapest companies for full coverage in Louisiana

The majority of car insurance experts advise purchasing full coverage car insurance. Fortunately for Louisiana drivers, finding cheap car insurance companies for full coverage is possible in the Pelican State. On average, Southern Farm Bureau, USAA, Geico, Louisiana Farm Bureau, and Safeway have the lowest rates for full coverage auto insurance in Louisiana.

Events that can impact your cheap rates in Louisiana

Car insurance rates do not remain constant. The following are some of the factors that may influence your rates in Louisiana:

• Adding a teen driver: If you add a young driver to your policy, your premium is likely to rise. Several car insurance companies, on the other hand, offer competitive good student and distance student discounts that could save you money.
• Received a speeding ticket: In Louisiana, a speeding ticket raises your full coverage car insurance premium by an average of $793 per year and typically results in a three-year surcharge on your policy. If you have a speeding ticket on your mother's driving record, you should look into usage-based telematics programs or safe driving courses. Some insurance companies will lower your premium if you enroll and allow them to monitor your driving habits.
• Involved in an at-fault accident: If you cause an accident in Louisiana, your car insurance rates will be affected for the next five years, with a surcharge added to your policy premium. You may want to look into relevant discounts to lower your rates during this time.
• Deemed a high-risk driver: You may not be deemed a high-risk driver immediately following an incident. If you are deemed a high-risk driver as a result of a DUI or another high-risk scenario, such as excessive speeding, keep in mind that not all standard providers offer high-risk car insurance. As a result of eligibility restrictions, you may be forced to switch to a high-risk auto insurer, which may result in rates that are significantly higher than state averages.

Cheapest cities in Louisiana for minimum coverage

Because different ZIP codes may have a different cost of living, different risk profiles — such as theft, vandalism, and accident frequency and severity — and different weather conditions, your ZIP code can have a significant effect on your insurance rates in most states. As a result, if you move from one area of Louisiana to another, you should shop for insurance again to ensure you're getting the best insurance rates in your new location. The following are some examples of low-cost auto insurance rates in some of Louisiana's smaller towns:

Cheapest cities in Louisiana for full coverage

Average full coverage premiums vary by city due to differences in living costs, car repair costs, accident data, and weather conditions. The average full coverage premiums for various Louisiana cities are listed below.

Minimum coverage requirements for Louisiana drivers

Driving without car insurance is against the law in Louisiana. If you only want to insure your vehicle with the minimum coverage required in Louisiana, here are the requirements:

• $15,000 bodily injury liability per person
• $30,000 bodily injury liability per accident
• $25,000 property damage liability per accident

Minimum coverage car insurance typically has lower premiums, but you may end up spending more money out of pocket in the long run. Drivers who lease or finance their vehicle will almost certainly be required to have full coverage insurance, including comprehensive and collision coverage, so that the lienholder can ensure there is enough coverage to repair or replace the vehicle in the event of an accident. According to the Insurance Information Institute (Triple-I), Louisiana has a relatively high uninsured motorist rate (11.7 percent), so you may want to consider adding uninsured/underinsured motorist coverage to your policy.

You can shop around for cheap full coverage insurance regardless of the coverages you choose.

Here's how to get (and keep) low-cost car insurance in Louisiana.

If you're looking for and keeping the cheapest car insurance in Louisiana, the following tips may be useful:

• Shop around: You might find it useful to compare rates from different companies to see which one has the best rates for you. Reviewing the discounts available to you ahead of time can help you ensure that you're getting the best rates possible. Consider your age, gender, credit-based insurance score, vehicle type, motor vehicle record (MVR), auto claims history, make and model of vehicle, and ZIP code, as well as the more than a dozen individual rating factors used to calculate your car insurance rates.
• Maintain a clean driving record: Car insurance companies look for clean driving records as proof that you aren't too risky to insure. This may also entitle you to premium discounts, such as a good driver discount. If you have some negative information on your MVR, you may be able to enroll in a usage-based telematics program or defensive driving course, which may help you get lower insurance rates by demonstrating to your insurance provider that you have safe driving habits.

Frequently asked questions

What is the best car insurance company in Louisiana?

The best car insurance company in Louisiana differs for each person depending on their unique characteristics and preferences. If you want to save money on car insurance, get quotes from several companies, factor in relevant discounts, and compare them. If you want to find the best customer satisfaction scores, you should look into J.D. Power customer satisfaction scores and customer reviews. An independent or exclusive insurance agent may be able to assist you in locating the most appropriate provider for you and your family.

How can I lower my car insurance rates in Louisiana?

If you want to lower your car insurance rates in Louisiana, you should look into the discounts that are available to you. Several car insurance companies in Louisiana, for example, offer usage-based telematics programs that track your driving in real time and offer discounts for safe driving habits. If you complete a safe driving course, your car insurance company may reduce your premium. The best way to learn how to reduce your premium is to speak with your insurance agent and shop around for multiple quotes to get the best possible rate in the most expensive state for auto insurance in the United States.

Does car insurance get cheaper as I get older?

When you're young, your car insurance premiums are typically the highest. This is due to the fact that young drivers have less experience on the road than older drivers and may make riskier decisions, resulting in more frequent and severe accidents. As you get older and gain more driving experience, your car insurance premiums will generally decrease until you reach the age of 70, when they will gradually increase again due to risk factors for senior drivers. Keep in mind that other factors, such as a speeding ticket or an at-fault accident, can raise your premiums regardless of your age.

Methodology

StrongInsurance analyzes 2021 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. using Quadrant Information Services. The rates quoted are for a 40-year-old male and female driver with a clean driving record, good credit, and the following full coverage limits:

• $100,000 bodily injury liability per person
• $300,000 bodily injury liability per accident
• $50,000 property damage liability per accident
• $100,000 uninsured motorist bodily injury per person
• $300,000 uninsured motorist bodily injury per accident
• $500 collision deductible
• $500 comprehensive deductible

StrongInsurance used minimum coverage limits that meet each state's requirements to determine minimum coverage limits. Our typical driver owns a 2019 Toyota Camry, commutes five days a week, and drives 12,000 miles per year.

These are sample rates that should only be used for comparison.