Cheap Car Insurance Louisiana

Last modified: December 30, 2020

Are you searching for cheap car insurance in Louisiana?

If so, you’re not alone. 

According to the U.S. Department of Transportation, Louisiana has 3,395,095 licensed drivers on the road.

Sure, Louisiana is called the Bayou State, but that does not mean there aren’t miles of road to travel. So, if you hit the road with no auto insurance, you could possibly end up with massive bills to pay out of your own pocket.

Thus, why not protect yourself against such unanticipated outlays and damages?

Remember, the average cost of auto insurance differs widely from state to state, which is why we have put together this review on the best cheap car insurance in Louisiana

We covered everything you need to know to make an informed decision for buying car insurance in Louisiana.    

Louisiana Auto Insurance Requirements

Under the Louisiana car insurance laws, drivers must carry liability coverage for all their vehicles. This coverage pays for personal injury or property damage for which you can be legally responsible, depending on your auto policy’s dollar limits. Louisiana minimum auto insurance coverage requires each vehicle to have 15/30/25 liability limits. 

Liability coverage encompasses property damage or bodily injury caused by you, any member of your family, and any other person driving your automobile with your permission. 

Similarly, you and your family members are also insured when driving another individual’s vehicle comprising private rental passenger vehicles. Non-owned cars such as company cars regularly available to you aren’t covered. 

Louisiana Car Insurance Requirements

The following automobile coverage is mandatory in the Pelican State to legally operate a vehicle:

Property damage: $25,000 is the minimum legal requirement. 

Bodily injury liability: The minimum legal requirement is $30,000 per accident and $15,000 per person.

Medical payments: $1,000* is the minimum legal requirement.

Uninsured motorist bodily injury: $15,000 per person and $30,000 per accident the minimum legal requirement.

*These coverages can be rejected.

There are numerous kinds of auto insurance available to drivers in Louisiana. If you cause a car crash and your liability insurance does not cover everybody’s bills, keep in mind that you can still be sued for the remaining people. 

That’s the financial danger of low liability limits. If you have any valuable assets like property, savings, etc. that you could possibly lose in a lawsuit, it makes perfect sense to obtain higher liability coverage limits.  

Average Costs

Car insurance is quite expensive in Louisiana as compared to other states. The average car insurance in Louisiana is $2,225 per year — which is 55.9% more than the U.S. average.

In the table below, we have shown the average Louisiana car insurance rates. Remember that your Louisiana car insurance quotes can vary due to several factors such as your age, driving record, marital status, past claims, zip code, vehicle model, etc. All these factors play a substantial role when auto insurance companies in Louisiana decide insurance rates.

Average Costs by Age and Gender

Age  Average Price for Men Average Price for Women
25  $2,451 $2,440
35  $2,071 $2,152
60  $2,030 $2,001

Younger drivers are usually charged higher rates because of their higher frequency of accidents and limited driving experience.

Out of the age group that is presented in the table, 60-year-old drivers have the cheapest car insurance in Louisiana. Whereas people who are in their mid-20s have the most expensive auto insurance rates.

Head to the next table to learn about the best car insurance rates in Louisiana as per top cities. 

Cost of Car Insurance by Top Cities

City Average Rate
New Orleans $3,410
Baton Rouge $2,570
Shreveport $2,027
Monroe $2,224

According to the data presented above, you can see that New Orleans has the highest auto insurance rates ($3,410), followed by Baton Rouge ($2,570), and Monroe ($2,224). While Shreveport ($2,027) has the cheapest auto insurance in Louisiana

Cheapest Auto Insurance in Louisiana

In this section, we have numbered some of the cheapest car insurance providers in Louisiana. 

Cheap Auto Insurance in Louisiana

Rank  Company  Annual Rate 
1 State Farm  $999
2 Southern Farm Bureau  $1,095
3 Progressive $1,348
4 Safeway $1,433
5 GEICO $1,762
6 Allstate $2,019
N/A* USAA $650

*USAA isn’t ranked as only former and current military affiliates and their families qualify for it. 

The data presented in the table above shows that the auto insurance company with the highest statewide average is Allstate ($2,019) followed by GEICO ($1,762), Safeway ($1,433), Progressive ($1,348), and Southern Farm Bureau ($1,095). 

The two cheapest auto insurance providers in Louisiana are State Farm ($999) and USAA ($650). It is worth mentioning though that USAA membership is exclusively available to current or former members of the military or their families.

The table below shows categories of different kind of drivers and the best auto insurance companies in Louisiana, that offer the cheapest insurance rates for that particular category:

Category Cheapest Company
Single Young Adult Drivers USAA
Married Adult Drivers State Farm
Male Senior Drivers State Farm
Female Senior Drivers Progressive
Drivers with Good Credit State Farm
Drivers with Poor Credit Geico
Drivers with a Clean Record State Farm
Drivers with One Speeding Violation State Farm
Drivers with One Accident State Farm
Drivers with One DUI State Farm
Low-mileage Drivers State Farm
High-mileage Drivers State Farm
Drivers with Low Coverage State Farm
Drivers with High Coverage State Farm
Drivers with Used Cars State Farm
Drivers with New Cars State Farm

Note: Due to USAA’s restricted membership, we have excluded them from this segment evaluation.

Louisiana Auto Insurance Laws, Traffic Rules and Penalties

Louisiana’s traffic laws and related penalties may differ from those in nearby states or around the country, and thus any violations may perhaps result in higher auto insurance rates.

The state of Louisiana is reported whenever a driver’s insurance expires or is canceled. In such a setting, the driver would not be allowed to renew a vehicle registration and hence, will be in defilement of the state’s coverage laws while driving. 

Monetary penalties in Louisiana intensify the longer you drive without insurance.

Penalties for Driving Without Insurance in an Accident

As per Louisiana car insurance laws, it is obligatory for all registered owners of a vehicle to carry liability insurance. Failing to comply can lead to a fine of $500 to $1,000 for knowingly driving a car without coverage, committing fraud by falsely declaring to have insurance, and being involved in an accident without insurance. 

Moreover, there are penalties for letting your insurance lapse or for lack of proof of insurance. Drivers without liability insurance might also have their driving privileges proscribed by having their automobile impounded, their license plates canceled or their registrations revoked. 

If you’re involved in a car crash without liability insurance you might have your license suspended and registrations annulled for 180 days. 

Additionally, if you’re caught falsely claiming to have the coverage you might have your license revoked for 1 year or more.  

It is very crucial that you do not let your auto insurance coverage expire or lapse in the state of Louisiana. Because if it does, your driver’s license will be automatically flagged with the state. 

This will not allow you to renew your registration. You may also be fined for lack of coverage by the state. For a period of 1 to 30 days, and a fine of $50 per violation. This grows to $150 after 30 days, and $300 after 90 days.

Best Car Insurance in Louisiana

Company Best For Car Insurance Market Share AM Best Ratings Rates Per Year
State Farm  Best personalized experience

Low annual mileage and imperfect driving record

29.5% A++ $999

 

GEICO Best rates & discounts 14.9% A++ $1,762

 

Farm Bureau Members  5.0 % AAA $1,095

 

Allstate Seniors 11.1% A+  $2,019
USAA Best for military families 6.0% A++ $650

Detailed Reviews

State Farm

State Farm offers the cheapest auto insurance in Louisiana. The company features a wide choice of coverage options. They offer a big variety of discounts such as its Steer Clear driver program. Their customer service has an excellent rating. One of the defining aspects of State Farm is its network of over 18,000 agents. 

Overall, State Farm insurance is a safe and economical option for everyone and ideal for people searching for personalized experiences. 

Good for 

  • People seeking several lines of insurance coverage
  • Customers that wish to connect with a local agent

Bad for

  • Drivers that do not qualify for any discounts

GEICO

GEICO is one of the best auto insurance companies in Louisiana. It has an A+ rating with the Better Business Bureau (BBB), while on AM Best it has an A++ rating. If you want reliable Louisiana car insurance, then GEICO is ideal for you. 

The company offers many low-cost coverage plans. You can select from numerous discounts such as good student, good driver, multiple policies, military, multiple vehicles, defensive driving, and federal employee. 

Good for

  • Fairly low rates
  • Insurance buyers who wish to do everything online
  • People seeking multiple lines of insurance

Bad for

  • Drivers who had an at-fault accident within the last five years
  • Individuals who want to deal with a local agent directly

Farm Bureau

Farm Bureau provides low-cost auto insurance in Louisiana with the best rates and exceptional customer service, which makes it an attractive option for members. While there’s a yearly membership payment to join the Farm Bureau, this cost is usually outweighed by the probable savings when compared to other insurance providers. 

If you are a Farm Bureau member, you’ll receive several discounts. You can choose from two add-on coverage like roadside assistance coverage and replacement cost. Some impressive discounts they provide include affinity groups, claim-free, multi-car, anti-theft, and more. 

Good for

  • People looking for low cost and exceptional customer service
  • Farm Bureau members

Bad for

  • Drivers in need of specialized coverages

Allstate

Allstate auto insurance is more expensive than other auto insurance providers on this list. That said, they do offer the best car insurance in Louisiana and if you take advantage of their numerous discounts, you can get reduced quotes for Louisiana car insurance

You can choose from a broad array of discounts such as a safe driving discount, pay-in-full discount, good student discount, anti-theft device discount, multi-car discount, automatic payment discount, and more.

Good for

  • A plethora of available discounts on insurance premiums
  • People who are seeking a good network of agents for personal service

Bad for

  • Drivers who do not need an agent
  • Drivers seeking lowest rates at the expense of personalized service

USAA 

USAA’s good customer service and low rates make it an excellent Louisiana auto insurance provider. It is a sound choice for people who’re eligible for USAA membership. It usually offers low coverage rates for both home and auto insurance, despite not having many discounts. Overall, USAA is an excellent choice for your auto insurance needs.

Good for

  • Eligible customers looking for top-notch customer service
  • New vehicle owners
  • First-time drivers 

Bad for

  • Drivers with leased vehicles
  • People not associated with the U.S. military
  • Savers who prioritize discounts

Here you go – that’s everything you need to know about cheap car insurance in Louisiana. Keep all these factors in mind before you choose an insurance provider that best fulfills your needs.

FAQs

Why is auto insurance in Louisiana so expensive?

Louisiana is famous for having high volumes of automobile-related lawsuits, which is one of the major reasons why Louisiana residents have to pay considerably more than the national average for auto insurance.

Is Louisiana a no-fault state?

No, the state of Louisiana is not a no-fault state. Instead, it is an at-fault or “tort” state. This means the driver who causes the accident uses their vehicle coverage to pay for the other driver’s damages that are caused by the accident.

How to reduce car insurance costs in Louisiana?

The best way to cut car insurance charges in Louisiana is to avail of discounts offered by numerous auto insurance providers. 

What is the best auto insurance in Louisiana?

In the next section of the review, we’ve listed some of the best auto insurance providers in Louisiana.