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The cheapest minimum liability car insurance in Louisiana can be found through Southern Farm Bureau for about $42 per month or an average of $502 per year.
Louisiana Minimum Auto Insurance Coverage
The Home Media Review team has taken an in-depth look at affordable car insurance in Louisiana. Through our study of the best auto insurance companies, we found the best cheap auto insurance companies in Louisiana with the best coverage and overall ratings.
Facts + Statistics: Auto Insurance
In this article, we will show you cheap Louisiana auto insurance estimates based on coverage and different driving profiles. Information on specific state laws and regulations regarding auto insurance will also be provided.
Although Louisiana auto insurance rates are higher than the national average, there are still affordable car insurance options available.
In the following section, we will provide you with information about the cheapest car insurance companies and the cheapest providers based on your coverage options.
Currently, the cheapest auto insurance companies in the state of Louisiana are Southern Farm Bureau, USAA, State Farm and Safeway. The following table provides coverage and cost ratings for each of these companies:
Who Has The Cheapest Car Insurance Quotes In Louisiana? (2022)
*Our research team considers national factors when ranking providers. The provider rating in this table is specific to auto insurance in Louisiana.
Premiums are calculated differently for each company, so your rates may vary depending on where you get your coverage. With this in mind, we recommend that you research and compare quotes from providers to find the best car insurance coverage for you.
The level of coverage you choose has a significant impact on the auto insurance rates you are quoted. Most premium estimates provided by providers usually include quotes for minimum and full coverage auto insurance policies. A minimum policy is all that is required, but we recommend that you also look at extended coverage options.
Minimum coverage in Louisiana is affordable at Southern Farm Bureau rates of $42 a month or $502 a year. Southern Farm Bureau, USAA, Geico and State Farm offer the cheapest prices on average. Our average shows that good drivers pay about $78 a month or $932 a year for minimum liability insurance.
Cheapest Car Insurance Louisiana: Cost And Providers (2022)
Based on our average, the cheapest full coverage auto insurance in Louisiana is found at USAA for as little as $131 per month. Below are the providers with the lowest average rates for full coverage auto insurance in the state.
Depending on your age, driving history or credit score, your rates can vary greatly. Here we will break down the cheapest car insurance companies for each of these main areas.
Car insurance companies charge higher rates for young drivers than older adults. The series of tables below compare the cheapest auto insurance companies for each major young adult age group.
Louisiana 16-year-olds can generally find affordable car insurance from USAA, State Farm and the Louisiana Farm Bureau. Car insurance in Louisiana is more expensive for 16-year-olds than any other age group.
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17-year-olds in Louisiana can find average car insurance rates of $327 per month at USAA or $341 per month at Southern Farm Bureau.
18-year-olds in Louisiana can find the cheapest car insurance rates on average at USAA, Southern Farm Bureau and State Farm.
In Louisiana, 21-year-old drivers with good driving records can usually find lower rates from USAA, Geico and Southern Farm Bureau. Drivers who are 21 years old are paid less on average than younger drivers.
Other factors such as recent car accidents, speeding tickets and even your credit score can affect what you pay for car insurance in Louisiana.
Teen Driver Insurance In Louisiana
Cheap car insurance rates start at $139 per month or $1,664 per year from Southern Farm Bureau. Louisiana drivers with a speeding ticket on their driving record will see their car insurance premiums increase. The average cost of car insurance for drivers in Louisiana with a speeding violation is $4,854 per year.
Cheapest car insurance estimates for drivers with a recent accident come from Southern Farm Bureau, State Farm and USAA. Drivers who have recently been at fault are seeing their car insurance rates skyrocket. Louisiana auto insurance costs increase by an average of $6,073 per year for drivers with an accident on their record.
Cheap auto insurance for people with a DUI comes from Southern Farm Bureau, State Farm and USAA. A DUI violation will increase your car insurance costs dramatically. Drivers with a DUI on their record pay an average of $5,853 a year for car insurance in Louisiana.
The cheapest bad credit auto insurance is offered by Southern Farm Bureau, USAA and Safeway Insurance. If you have a bad credit score, auto insurance in Louisiana is astronomically more expensive than for those with a good credit score. Louisiana drivers with poor credit pay an average of $6,955 a year for coverage.
Best Homeowners Insurance In Louisiana
For those interested in learning more about the best auto insurance companies in Louisiana, we've broken down each company's coverage and ratings below:
Founded in 1946, Southern Farm Bureau has been providing high quality insurance products for over 75 years. It's our review team's first choice for Louisiana drivers because of its affordable car insurance rates, range of insurance offers, and benefits like its deductible rewards program. You must be a member of your local Farm Bureau organization to get coverage, but joining is simple.
USAA received our team's highest rating in our national review of the best insurance companies. It also ranks high for auto insurance in Louisiana because of its affordable rates and exceptional customer service. It offers some of the lowest rates on average for many types of drivers in Louisiana. USAA coverage is only available to members of the military, veterans and their families, but it can be a great option for those who qualify.
As the largest insurance company in the United States, State Farm has a positive reputation in the industry and is another good choice for reliable coverage. It is also known for its wide range of car insurance discounts, especially for learner and teenage drivers, which can help you save on your policy.
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If you are looking for quality coverage from a local provider, Safeway Insurance may be the best choice for car insurance in Louisiana. While the provider's rates aren't as cheap as some of its competitors' rates, Safeway still offers the cheapest rates in the state, especially for those with poor credit scores.
The average cost of full coverage auto insurance in Louisiana is about $232 per month or $2,783 per year. That's about 60% more expensive than the national average of $1,730 a year for those with clean driving records. According to our research, Louisiana is one of the five most expensive states for auto insurance.
In Louisiana, young people with their own policies can pay four times what middle-aged drivers pay for car insurance. Below you can see the average costs of comprehensive coverage for drivers of different ages.
While the cost of car insurance in Louisiana is high across the state, rates vary significantly depending on where you live. For example, those who live in rural areas pay much less for coverage than those who live in the New Orleans area.
The Real Difference Between Minimum And Full Coverage Car Insurance
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:
Although the minimum coverage requirement in the state of Louisiana includes only liability insurance, many drivers choose to choose additional coverage options for additional protection. This may include:
To get the cheapest auto insurance in Louisiana, compare quotes from multiple companies. We recommend getting car insurance quotes from Southern Farm Bureau, USAA, State Farm and Safeway Insurance. While 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.
In this article, we reviewed the cheapest auto insurance companies in Louisiana, their coverage, and average rates. We've also identified the average cost of car insurance in the state, as well as coverage requirements and regulations.
What Does Liability Insurance Cover?
Based on our average rates, good Louisiana drivers pay about $232 per month for full coverage auto insurance. On the other hand, minimum coverage policies cost about $78 per month on average. Depending on the provider, you may find cheaper rates than this.
Louisiana auto insurance is about 60% higher than the national average. A full coverage policy costs about $2,783 a year, making Louisiana one of the top five most expensive states for auto insurance.
Louisiana law requires drivers to have minimum liability coverage, which includes $15,000 per person and $30,000 in bodily injury liability coverage per accident and $25,000 in property damage per accident. Liability coverage is included.
There are two main reasons why auto insurance coverage for Louisiana drivers is so high: uninsured drivers and auto accidents. Auto insurance rates in Louisiana are affected by the large number of uninsured drivers
What Is Full Coverage Car Insurance?
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