Cheapest Car Insurance in Louisiana: Cost and Providers (2022)

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As one of the most expensive states for car insurance on average, Louisiana can be a tricky place to find affordable coverage. According to the Home Media review team’s rate estimates, the best car insurance in Louisiana can be found for as little as $131 per month. Providers with the lowest average rates for full coverage auto insurance in the state can be found below:

Drivers in Louisiana can turn to USAA, Southern Agricultural Bureau, state farm and Geico when searching cheap car insurance. Although your rates will vary based on personal factors, these providers tend to offer the most affordable average annual rates in the state.

How much does car insurance cost in Louisiana?

The average cost for comprehensive auto insurance in Louisiana is $2,783 per yearor around $232 per month. That’s about 60% more expensive than the national average of $1,730 per year for those with a clean driving record. According to our research, Louisiana is one of the top five most expensive states for car insurance.

Minimum coverage in Louisiana is the cheapest type of insurance available. Our estimates show that good drivers pay around $932 per year Where $78 per month for minimum liability insurance. Southern Farm Bureau, USAA, Geico, and State Farm have the cheapest rates on average.

Factors That Affect Car Insurance Costs

Car insurance premiums in Louisiana are calculated based on one’s driving profile.

Alt text: Icons indicating the factors that influence the cost of car insurance

Some factors used by auto insurance companies when developing rates include:

  • Your location
  • Vehicle age, make and model
  • Your age
  • Your gender
  • Your marital status
  • Driving history
  • Credit score
  • Deductible amount chosen

Louisiana car insurance cost by city

Although the cost of car insurance in Louisiana is high statewide, rates vary widely depending on where you live. For example, those who live in rural areas tend to pay significantly less for coverage than those who live in the New Orleans area.

Louisiana auto insurance cost by age

In Louisiana, teenagers who have their own policy can pay four times what a middle-aged driver pays for car insurance. Below you can see the average costs for full coverage for drivers of different ages.

Cheapest car insurance in Louisiana for 16-year-olds

Car insurance in Louisiana is more expensive for 16 year olds than any other age group. 16-year-olds in Louisiana can usually find the cheapest auto insurance through USAA, State Farm, and the Louisiana Farm Bureau.

The cheapest car insurance in Louisiana for 17-year-olds

17-year-olds in Louisiana can find average car insurance rates as low as $327 per month from USAA or $341 per month from the Southern Farm Bureau.

Cheapest car insurance in Louisiana for 18 year olds

18-year-olds in Louisiana can find the cheapest car insurance prices on average from USAA, Southern Farm Bureau, and State Farm.

The cheapest auto insurance in Louisiana for 21-year-olds

Drivers aged 21 pay less on average than teenage drivers. In Louisiana, 21-year-old drivers with a good driving history can usually find low rates from USAA, Geico, and the Southern Farm Bureau.

Cheapest car insurance in Louisiana for 25 year olds

In Louisiana, 25-year-olds can find car insurance starting at $158 a month from USAA.

Cost of car insurance in Louisiana by driving profile

Other factors like recent car accidents, speeding tickets, and even your credit score can affect what you pay for car insurance in Louisiana.

The cheapest car insurance in Louisiana for drivers with a speeding ticket

Louisiana drivers with a speeding ticket in their driving history will see their car insurance premiums increase. The average cost of car insurance in Louisiana for drivers with speeding violations is $4,854 per year.

The cheapest car insurance in Louisiana for drivers with recent accidents

Drivers who have recently been involved in an at-fault accident will see their auto insurance rates skyrocket. The cost of car insurance in Louisiana climbs to an average of $6,073 per year for drivers with an accident on their record.

The cheapest car insurance in Louisiana for drivers with a DUI

A DUI violation will significantly increase your car insurance costs. Drivers with a DUI on their record pay on average $5,853 per year for automobile insurance in Louisiana.

The cheapest car insurance in Louisiana for drivers with poor credit

If you have bad credit, auto insurance in Louisiana is astronomically more expensive than for those with good credit. Louisiana drivers with bad credit pay $6,955 per year on average for coverage.

While finding affordable coverage is a priority for many drivers, it’s also important to consider the quality of a provider’s coverage and its reputation. Our team researched the best auto insurance companies and found Southern Farm Bureau, USAA, State Farm, and Safeway Insurance to be the best options for Louisiana drivers.

*Our research team considers country factors when rating vendors. The ranking of providers in this table is specific to automobile insurance in Louisiana.

#1 Southern Farm Bureau: Strong local coverage

JD Power Regional Assessment: Unclassified
AM Best financial strength rating: A+
Rating from the Better Business Bureau (BBB): A+

Founded in 1946, Southern Farm Bureau has been providing high quality insurance products for over 75 years. It’s our review team’s #1 choice for Louisiana drivers because of its affordable car insurance rates, range of insurance offers, and perks like its deductible rewards program. . You must be a member of a local Farm Bureau organization to get coverage, but joining is simple.

#2 USAA: Low fares for the military

JD Power Regional Assessment: 890/1000
AM Best financial strength rating: A++
BBB rating: A+

USAA received our team’s highest rating in our national review of the best car insurance companies. It also ranks among the best for car insurance in Louisiana due to its affordable rates and exceptional customer service. It offers some of the lowest rates on average for many types of Louisiana drivers. USAA coverage is only available to military members, veterans and their families, but it can be a smart choice for those who qualify.

Keep reading: USAA Insurance Review

#3 State Farm: most popular supplier

JD Power Regional Assessment: 859/1000
AM Best financial strength rating: A++
BBB rating: A+

As the largest insurance company in the United States, State Farm has a positive reputation within the industry and is another good choice for reliable coverage. It is also known for its wide range of car insurance discountespecially for student and teenage drivers, which can help you save on your policy.

Keep reading: State Farm Insurance Review

#4 Safeway Insurance: Affordable Local Option

JD Power Regional Assessment: Unclassified
AM Best financial strength rating: A
BBB rating: A+

If you are looking for quality coverage from a local provider, Safeway Insurance may be a good choice for car insurance in Louisiana. While the provider’s rates aren’t as cheap as some of its competitors, Safeway still tends to offer some of the most affordable rates on average in the state, especially for those with poor credit scores. .

Louisiana Auto Insurance Requirements

Like most states, Louisiana has minimum coverage requirements that all drivers must meet. According to the Louisiana Department of Insurance, State auto insurance requirements include:

  • Personal injury liability cover: $15,000 per person and $30,000 per accident
  • Material damage civil liability cover: $25,000 per accident

While Louisiana state minimum coverage requirements only include liability insurance, many drivers prefer to opt for additional coverage options for better protection. This may include:

  • Collision coverage
  • Full coverage
  • Uninsured/Underinsured Motorist Coverage
  • Coverage of medical payments

Personal Injury Protection (PIP) is not available in Louisiana.

How to Get Car Insurance in Louisiana

To get cheap car insurance in Louisiana, compare rates from several companies. We recommend getting auto insurance quote from the Southern Farm Bureau, USAA, State Farm and Safeway Insurance. Although these are generally the cheapest companies on average for car insurance in Louisiana, compare car insurance quotes from providers to find the best rates and coverage for your needs.

Our Methodology

Because consumers rely on us to provide unbiased and accurate information, we’ve created a comprehensive rating system to formulate our ranking of the best car insurance companies. We’ve collected data on dozens of car insurance providers to score companies on a wide range of ranking factors. The end result was an overall score for each provider, with insurers who scored the most points at the top of the list.

Here are the factors taken into account by our assessments:

  • Cost (30% of total score): Auto insurance rate estimates generated by Quadrant Information Services and discount opportunities were both taken into consideration.
  • Coverage (30% of total score): Companies that offer a variety of insurance coverage choices are more likely to meet consumer needs.
  • Reputation (15% of total score): Our research team considered market share, industry expert ratings, and years in business to assign this score.
  • Availability (10% of total score): Auto insurance companies with greater state availability and fewer eligibility requirements scored higher in this category.
  • Customer experience (15% of total score): This score is based on volume of complaints reported by the NAIC and customer satisfaction ratings reported by JD Power. We also considered the responsiveness, friendliness and helpfulness of each insurance company’s customer service team based on our own customer analysis.

*Data correct at time of publication.

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