Average Cost of Car Insurance in Louisiana in 2022 | Bankrate
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Read more: The Best Car Insurance Companies for 2022
How much is car insurance cost in Louisiana?
U.S. drivers pay an annual median of $ 565 for minimum coverage and $ 1,674 for full moon policy. average car policy rates in Louisiana are closely double that amount. Although the figures seem discouraging, they are average. louisiana car policy rates can change based on age, aircraft carrier, drive record and level of coverage. Bankrate ’ randomness study found coverage with choose carriers for army for the liberation of rwanda lower than the average .
Louisiana car insurance rates by company
Based on our findings, some of Louisiana ’ s cheapest car indemnity companies are Geico and Southern Farm Bureau. Rates from Geico are $ 575 for minimal coverage and $ 2,211 for entire, while southerly Farm Bureau ’ randomness average premiums are $ 607 and $ 1,871, respectively. Make it a substance abuse to get quotes from a handful of top insurance providers annually. You may find it worth your while to switch car insurance companies to take advantage of lower rates .
Louisiana car insurance rates by city
Rates in Louisiana can be higher or lower than average based on your city. New Orleans has the highest monetary value of vehicle insurance in the state of matter, with premiums averaging 55 percentage more than the state modal. here is how the top 20 cities based on population comparison :
| City | Average annual premium for full coverage | % increase in average annual premium |
|---|---|---|
| New Orleans | $4,234 | 55% |
| Baton Rouge | $3,091 | 13% |
| Shreveport | $2,436 | -11% |
| Lafayette | $2,819 | 3% |
| Metairie | $3,271 | 20% |
| Lake Charles | $2,803 | 3% |
| Monroe | $2,672 | -2% |
| Slidell | $2,772 | 2% |
| Bossier City | $2,214 | -19% |
| Denham Springs | $3,013 | 11% |
| Kenner | $3,339 | 23% |
| New Iberia | $2,683 | -2% |
| Alexandria | $2,889 | 6% |
| Houma | $2,636 | -3% |
| Covington | $2,592 | -5% |
| Mandeville | $2,560 | -6% |
| Hammond | $2,830 | 4% |
| Gonzales | $2,946 | 8% |
| Marrero | $3,727 | 37% |
| Prairieville | $2,950 | 8% |
Louisiana car insurance rates by age
insurance companies classify younger drivers as higher-risk due to their inexperience behind the bicycle. Motor fomite crashes are the leading causal agent of death of teens. As a result, unseasoned adults are probably to pay significantly more than a 30- or 40-year-old driver. *16 year old calculated on parent ’ sulfur policy disclosure
Louisiana car insurance rates by driving record
Teens and young drivers typically pay more for car indemnity because their lack of know may lead to more traffic accidents, which are expensive for policy companies. Drivers of any age cited for accelerate or driving under the influence or creditworthy for an accident are besides considered higher-risk. Just a individual rush slate could raise your premiums by about 20 percentage, and a DUI could cost you 50 percentage more. Considering that Louisiana car insurance rates are already high gear, these increases could break your budget .
| Driving incident | Average annual full coverage premium in Louisiana | % increase in average annual premium |
|---|---|---|
| Speeding ticket | $3,341 | 18% |
| Accident | $3,802 | 28% |
| DUI | $5,425 | 50% |
How to save on car insurance in Louisiana
To make the most significant shock on high insurance premiums, look for discounts from your carrier. Some of the more coarse savings available include :
- Bundling: Buying car and home or rental insurance together can earn you a significant discount from most carriers, sometimes as much as 25 percent
- Telematics: Allowing your insurance company to track your driving electronically could save you significantly on your car insurance. All you need to do is download an app and drive safely. Your insurance carrier will discount your premiums based on good (and safe) driving habits.
- Keeping up your grades: Younger drivers still in school or college could qualify for a good student discount if they have good grades.
Frequently asked questions
How much is car insurance in Louisiana?
The modal cost of car indemnity in Louisiana is $ 975 for minimal coverage and $ 2,724 for wide, making Louisiana one of the most expensive states for fomite indemnity in the country .
How can I save on car insurance?
To find the lowest rates, depart by comparing cable car insurance companies and collecting quotes from a few. besides, take advantage of discounts that could lower your premiums, such as safety equipment, airbags, good driver and good student discounts.
What is the cheapest car insurance in Louisiana?
Bankrate found that Geico offers some of Louisiana ’ s cheapest minimum policy coverage at $ 575 per year. Southern Farm Bureau offered some of the most low-cost rates for full car insurance at $ 1,871 per annum. however, these rates are just averages, so it is a good mind to shop around and get quotes for your unique circumstances .
Methodology
Bankrate utilizes Quadrant Information Services to analyze 2021 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on a 40-year-old male and female driver with a clean drive record, good credit and the follow entire 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
To determine minimum coverage limits, Bankrate used minimal coverages that meet each state of matter ’ second requirements. Our free-base profile drivers own a 2019 Toyota Camry, permute five days a workweek and drive 12,000 miles per annum .