Cheapest Car Insurance In Louisiana For 2024
Louisiana Farm Bureau offers dependable and competitively priced minimum auto insurance coverage in Louisiana, with rates beginning at $40 monthly.
We’ve saved shoppers an average of $600 per year on their car insurance.
While finding affordable car insurance in Louisiana might feel challenging, it doesn’t have to be difficult. Louisiana Farm Bureau is a reputable insurer with competitive rates and a range of coverage options, from basic plans to full protection. As living expenses increase, securing affordable insurance with adequate coverage is critical.
Whether you’re new to driving, a frequent commuter, or a family looking for ways to save, knowing what affects rates and learning where to get the best deals can make a big impact. With over ten years of study, this guide offers insights to help you find affordable options in Louisiana.
Cheapest Car Insurance Companies In Louisiana
Our Methodology
During my research, I utilized a methodical approach to gather and analyze data on various car insurance providers and their policies. Initially, I identified key elements to assess, such as coverage options, pricing, customer satisfaction, and financial stability. Next, I gathered information from reliable sources like insurance company websites, consumer review platforms, and industry reports. After compiling the data, I organized it into categories and evaluated each insurer based on predetermined criteria. This process included comparing coverage options, premium rates, discounts, and customer feedback to identify the strengths and weaknesses of each provider.
Quotes Analyzed
Years Of Industry Experience
Brands Reviewed
Research Hours
Cheapest Car Insurance In Louisiana For Minimum Coverage
Louisiana Farm Bureau provides the most competitive rates for basic car insurance in Louisiana, with an average of $40 per month.
| Provider | Average Monthly Cost | Average Annual Cost |
| Louisiana Farm Bureau | $40 | $476 |
| Progressive | $54 | $648 |
| State Farm | $55 | $663 |
| Geico | $61 | $726 |
| AAA | $67 | $799 |
Louisiana state law mandates that drivers carry minimum car insurance to legally operate a vehicle, typically encompassing liability coverage for bodily injury and property damage. Bodily injury liability covers medical expenses and legal fees if you are at fault in an accident that injures others, while property damage liability addresses costs associated with repairing or replacing another person’s property or vehicle. These minimum coverage requirements are determined by state regulations and can vary depending on your driving history or vehicle type. It is important to understand these obligations to ensure proper financial protection.
Cheapest Car Insurance In Louisiana For Full Coverage
Louisiana drivers can enjoy affordable full coverage car insurance from Southern Farm Bureau, with average monthly premiums starting at just $216.
| Provider | Average Monthly Cost | Average Annual Cost |
| Southern Farm Bureau | $216 | $2,596 |
| Geico | $232 | $2,780 |
| Louisiana Farm Bureau | $236 | $2,828 |
| USAA | $258 | $3,095 |
| Progressive | $277 | $3,326 |
Drivers in Louisiana can opt for full coverage car insurance, which not only meets the state’s liability insurance requirements but also includes options like collision and comprehensive coverage. Collision coverage pays for repairing your car after an accident, regardless of fault, while comprehensive coverage protects against non-accident-related damages such as theft or fire. Choosing full coverage ensures financial security and peace of mind, preparing you for different risks. Reviewing policy details, including coverage limits and deductibles, is essential to ensure it aligns with your specific needs.
Cheapest Car Insurance In Louisiana For Drivers With Poor Credit
Louisiana Farm Bureau in Louisiana is recognized for its cost-effective insurance options, especially beneficial for drivers with poor credit, priced at about $148 per month.
| Provider | Average Annual Cost | Average Monthly Cost |
| State Farm | $4,599 | $384 |
| Allstate | $5,239 | $437 |
| AAA | $5,997 | $500 |
| Louisiana Farm Bureau | $1,778 | $148 |
| GEICO | $2,743 | $229 |
In Louisiana, car insurance pricing heavily relies on credit scores. Insurers use credit history to gauge risk, resulting in higher premiums for lower scores. Drivers with poor credit are considered higher-risk for claims. Despite this, they can still cut down on insurance expenses by comparing quotes and exploring discounts.
Cheapest Car Insurance In Louisiana For Seniors
In Louisiana, Louisiana Farm Bureau provides seniors with a wallet-friendly option, averaging $103 each month.
| Provider | Average Monthly Cost | Average Annual Cost |
| Louisiana Farm Bureau | $103 | $1,233 |
| Geico | $150 | $1,795 |
| State Farm | $168 | $2,017 |
| Progressive | $192 | $2,302 |
| AAA | $215 | $2,577 |
| Allstate | $350 | $4,194 |
Older drivers often see lower car insurance rates, as they’re considered experienced and cautious. Many seniors also drive less, reducing their accident risk. Insurers sometimes offer age-based discounts and further savings for those who complete defensive driving courses, which are designed to improve road safety.
Cheapest Car Insurance In Louisiana For Young Drivers
Young adults in Louisiana often receive lower car insurance rates than teens. This is because, as they mature, they tend to adopt safer driving habits, which results in fewer accidents and claims. Insurance providers take these habits into account, offering young adults lower premiums.
Cheapest Louisiana Car Insurance For 16-Year-Olds
Southern Farm Bureau ensures affordable premiums for sixteen-year-olds, averaging $500 per month.
| Provider | Average Monthly Cost | Average Annual Cost |
| Southern Farm Bureau | $500 | $5,997 |
| USAA | $563 | $6,750 |
| State Farm | $596 | $7,153 |
| Safeway Insurance | $685 | $8,223 |
| Louisiana Farm Bureau | $733 | $8,799 |
Cheapest Louisiana Car Insurance For 17-Year-Olds
USAA stands out as the most budget-friendly choice for seventeen-year-olds, with insurance premiums averaging $327.
| Provider | Average Monthly Cost | Average Annual Cost |
| USAA | $327 | $3,919 |
| Southern Farm Bureau | $341 | $4,097 |
| State Farm | $433 | $5,191 |
| Louisiana Farm Bureau | $518 | $6,216 |
| Safeway Insurance | $664 | $7,972 |
Cheapest Louisiana Car Insurance For 18-Year-Olds
USAA’s insurance rates are the most budget-friendly for 18-year-olds, typically around $278 per month.
| Provider | Average Monthly Cost | Average Annual Cost |
| USAA | $278 | $3,330 |
| Southern Farm Bureau | $315 | $3,774 |
| State Farm | $389 | $4,666 |
| Louisiana Farm Bureau | $518 | $6,216 |
| Geico | $571 | $6,854 |
Cheapest Louisiana Car Insurance For 21-Year-Olds
USAA’s average premium of $201 per month makes it the best financial choice for 21-year-olds.
| Provider | Average Monthly Cost | Average Annual Cost |
| USAA | $201 | $2,410 |
| Geico | $252 | $3,020 |
| Southern Farm Bureau | $258 | $3,099 |
| State Farm | $272 | $3,263 |
| Louisiana Farm Bureau | $414 | $4,962 |
Cheapest Car Insurance In Louisiana For Good Drivers
In Louisiana, Southern Farm Bureau’s rates are the lowest for safe drivers, averaging just $216 each month.
| Provider | Average Monthly Cost | Average Annual Cost |
| Southern Farm Bureau | $216 | $2,596 |
| Geico | $232 | $2,780 |
| Louisiana Farm Bureau | $236 | $2,828 |
| USAA | $258 | $3,095 |
| Progressive | $277 | $3,326 |
In Louisiana, the cost of car insurance for safe drivers can vary depending on factors such as their driving history, age, and desired coverage. Generally, individuals with clean driving records may qualify for reduced premiums because insurers perceive them as less risky. They may also receive discounts for maintaining a good driving record. Safe drivers should compare quotes from multiple insurers to find competitive rates and coverage options that suit their preferences.
Cheapest Car Insurance In Louisiana For Drivers With Prior Incidents
Individuals in Louisiana who have been in accidents, received speeding tickets, or faced DUI charges often encounter difficulties in obtaining affordable car insurance. Insurers categorize them as high-risk, leading to higher premiums to cover potential claims. This challenge is especially prevalent in Louisiana because of its high incidence of traffic accidents. Insurers determine their pricing strategies based on statistical analyses indicating a connection between prior driving incidents and an elevated likelihood of future claims.
Cheapest Car Insurance In Louisiana For Drivers With A Speeding Ticket
Louisiana Farm Bureau provides the most economical option for drivers dealing with speeding tickets, with average premiums starting at $100.
| Provider | Average Monthly Cost | Average Annual Cost |
| Louisiana Farm Bureau | $100 | $1,298 |
| State Farm | $193 | $2,318 |
| GEICO | $206 | $2,473 |
| AAA | $289 | $3,465 |
| Allstate | $400 | $4,798 |
Cheapest Car Insurance In Louisiana For Drivers With An At-Fault Accident
Opt for Louisiana Farm Bureau if you’ve been ticketed for speeding; they offer low premiums averaging $108.
| Provider | Average Monthly Cost | Average Annual Cost |
| Louisiana Farm Bureau | $108 | $1,288 |
| State Farm | $206 | $2,472 |
| GEICO | $238 | $2,854 |
| AAA | $315 | $3,779 |
| Allstate | $432 | $5,177 |
Cheapest Car Insurance In Louisiana For Drivers After A DUI
With premiums averaging $115, Louisiana Farm Bureau is the most economical insurance for drivers facing DUI-related challenges
| Provider | Average Annual Cost | Average Monthly Cost |
| AAA | $3,454 | $288 |
| GEICO | $4,271 | $356 |
| Allstate | $5,268 | $439 |
| Louisiana Farm Bureau | $1,378 | $115 |
| State Farm | $2,238 | $187 |
Average Cost Of Auto Insurance In Louisiana – By Age
| Age | Average Monthly Cost | Average Annual Cost |
| 16 | $1,105 | $13,261 |
| 17 | $784 | $9,413 |
| 18 | $694 | $8,324 |
| 19 | $500 | $5,997 |
| 21 | $390 | $4,677 |
| 25 | $291 | $3,496 |
| 35 | $253 | $3,040 |
| 45 | $226 | $2,709 |
| 55 | $218 | $2,621 |
| 65 | $244 | $2,925 |
| 75 | $243 | $2,919 |
Average Cost Of Car Insurance In Louisiana – By Gender & Marital Status
| Gender | Marital Status | Average Annual Cost |
| Female | Single | $1,600 |
| Male | Single | $1,950 |
| Female | Married | $1,450 |
| Male | Married | $1,750 |
Average Cost Of Auto Insurance In Louisiana – By Credit Tier
| Credit Tier | Average Monthly Cost | Average Annual Cost |
| Excellent | $133 | $1,597 |
| Good | $155 | $1,864 |
| Fair | $187 | $2,242 |
| Poor | $211 | $2,535 |
Cheapest Car Insurance In Louisiana By City
| City | Average Monthly Cost | Average Annual Cost |
| Ruston | $157 | $1,886 |
| Bossier City | $165 | $1,981 |
| Bayou Cane | $167 | $2,010 |
| Houma | $170 | $2,043 |
| Shreveport | $179 | $2,142 |
| Sulphur | $181 | $2,175 |
Minimum Car Insurance Requirement In Louisiana
Louisiana drivers must have minimum car insurance with liability coverage set at 15/30/25—$15,000 per injured person, $30,000 per accident, and $25,000 for property damage. Uninsured/underinsured motorist coverage is also required at $15,000 per person and $30,000 per accident. Personal Injury Protection (PIP) covers medical bills and lost wages, though the HIP option may allow health insurance to replace PIP if eligible.
Car Insurance Discounts In Louisiana
Exploring car insurance discounts can lead to savings, and your agent could help find others. Some common options include:
- Safe Driver Discount: For drivers with a clean record.
- Multi-Vehicle Discount: Save by insuring multiple vehicles on one policy.
- Bundling Discount: Combine insurance policies to reduce costs.
- Good Student Discount: Students with good academic performance can save on premiums.
- Defensive Driving Discount: Taking a defensive driving course can lower your premium.
FAQs
How much is car insurance a month in Louisiana?
Car insurance expenses in Louisiana each month can differ, influenced by age, driving history, and chosen coverage.
What is the minimum car insurance one must have in Louisiana?
Louisiana drivers are required to hold car insurance covering liability for bodily injury and property damage.
Which insurance is better in Louisiana?
Selecting the best insurance in Louisiana will vary based on personal needs, driving style, and coverage preferences. Reviewing multiple quotes is recommended to find the ideal policy.
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