2022
The Cheapest and Best Car Insurance in New Orleans
The Cheapest Car Insurance Companies in New Orleans
In New Orleans, the cheapest policy companies on average for a full coverage policy are :
- Southern Farm Bureau: $1,692 per year
- GEICO: $2,622 per year
current or early military are eligible for a USAA policy ; it ’ s the cheapest company in New Orleans for car policy with an average annual price of $ 1,667. southerly Farm Bureau offers the least expensive wide coverage in New Orleans. The policy is $ 3,208 cheaper than AAA, which offers the most expensive policy at an average annual price of $ 4,900. A full coverage policy includes collision and comprehensive coverage, and your cost changes depending on the sum of indebtedness insurance .
Cheapest Car Insurance in New Orleans
Full Coverage 100/300/100
- company 100/300/100per year
- 1 .USAA
$1,667
- 2. southern Farm Bureau
$1,692
- 3 .GEICO
$2,622
- 4 .State Farm
$2,683
- 5 .Allstate
$3,164
- 6 .Progressive
$3,798
- 7 .MetLife
$4,804
- 8 .AAA
$4,900
MoneyGeek ’ s analysis includes rates for a 40-year-old male driver with a wide coverage policy in New Orleans, per our methodology. A full coverage policy provides you extended coverage for any passing or damage to your fomite after an accident ; it includes liability, collision and comprehensive coverage .
- Comprehensive Coverage: pays for the replacement and repair of your vehicle in case of any damage due to an incident or theft.
- Collision Coverage: provides coverage for an at-fault accident.
With an older car, liability only or a policy that meets Louisiana ’ s minimum required coverage limits only may be well, as a full coverage policy may cost more than the actual measure of the car. Loading …
Cheapest Car Insurance in New Orleans for Minimum Coverage
In New Orleans, the cheapest car policy policy is a minimum coverage policy. MoneyGeek ’ s research shows that the cheap companies for a minimum coverage policy are :
- Southern Farm Bureau: $808 per year
- GEICO: $1,105 per year
For active and retire military, USAA is the cheapest option at an average of $ 776 per year. southerly Farm Bureau offers the cheapest minimum coverage car insurance. Its policy is $ 2,306 cheaper than the most expensive provider, MetLife, which has an average annual cost of $ 3,114. A minimum coverage policy costs the least but does not have a high charge of indebtedness coverage. It besides does n’t include collision and comprehensive policy for your vehicle. Look at the mesa below to see how much a higher level of indebtedness coverage costs .
Cheapest Minimum Liability Car Insurance in New Orleans
express Minimum
- caller State Minimumper year
- 1 .USAA
$776
- 2. southern Farm Bureau
$808
- 3 .GEICO
$1,105
- 4 .State Farm
$1,185
- 5 .Allstate
$1,408
- 6 .Progressive
$1,409
- 7 .AAA
$1,944
- 8 .MetLife
$3,114
In Louisiana, you must have an car indemnity policy with 15/30/25 in indebtedness limits. It is the cheapest option for you in New Orleans, but it besides offers the least protection. With this policy, you may have a lower monthly bill but pay a higher out-of-pocket sum after an accident. For case, after an at-fault accident, the other party ’ s aesculapian bills are $ 60,000, you have coverage for $ 30,000. You have to pay the remainder .
Louisiana Minimum Liability Requirements
- item description
- Bodily Injury and Property Damage $ 15,000 per person, $ 30,000 per accident and $ 25,000 for place damage. A more protective level is 100/300/100 .
Cheapest Car Insurance in New Orleans if You Have Driving Violations
unplayful driving violations like a speed ticket, DUI or an at-fault accident raise your cable car policy. MoneyGeek researched the cheapest companies in New Orleans depending on the austereness of a rape :
- Cheapest after a speeding ticket: Southern Farm Bureau, $1,908 per year
- Cheapest after a DUI: Southern Farm Bureau, $2,215 per year
- Cheapest after an at-fault accident: Southern Farm Bureau, $2,144 per year
While drivers in New Orleans can improve their bad tug criminal record over time and get more low-cost indemnity, right now, it ’ s best to shop around and choose the hand that fits your needs .
Cheapest Car Insurance in New Orleans With a Violation
Speeding ticket
- company Speeding Ticketper year
- 1. southerly Farm Bureau
$1,908
- 2 .USAA
$2,108
- 3 .State Farm
$2,867
- 4 .GEICO
$3,430
- 5 .Allstate
$3,632
- 6 .Progressive
$5,150
- 7 .MetLife
$6,243
- 8 .AAA
$6,465
Average Cost of Car Insurance in New Orleans
New Orleans
$3,380
Louisiana
$3,041
U.S.
$1,424
The New Orleans car insurance rate per year is a lot higher than the country and national averages. In New Orleans, the average rate is $ 3,380 which is 11.2 % more than the submit average and 137.3 % higher than the national average.
Personalized Quotes to Get You the Cheapest Car Insurance in New Orleans
Factors like your gender, age, marital condition, and cable car type are analyzed by car insurance providers to compute car policy quotes. For exercise, Southern Farm Bureau ‘s car policy premiums for 18-year-old males are about one and a one-half times costlier than their plans for 40-year-old males. To find cheap coverage, you should regularly acquire a custom-make quote that factors in any changes in your liveliness ‘s circumstances. Loading …
The Best Car Insurance Companies in New Orleans
If you are a New Orleans driver looking to balance affordability and quality of service, MoneyGeek ranked the best companies in the city. The research found the best car policy companies in New Orleans for most drivers are :
- GEICO: MoneyGeek score 93 out of 100
- State Farm: MoneyGeek score 83 out of 100
USAA received the highest grade in New Orleans through MoneyGeek ‘s rat system, and for eligible military members, veterans and their families, it is the best overall. To determine the scores out of 100, MoneyGeek considered several factors, including J.D. Power exploiter atonement ratings, fiscal constancy and affordability .
1
USAA
score :
95
4/5 Affordability 5/5 Claims Ratings 4/5 User Satisfaction A++ fiscal stability 2
GEICO
score :
85
3/5 Affordability 3/5 Claims Ratings 3/5 User Satisfaction A++ fiscal constancy 3
State Farm
score :
82.5
3/5 Affordability 3/5 Claims Ratings 4/5 User Satisfaction A fiscal constancy 4
Travelers
score :
80
2/5 Affordability 3/5 Claims Ratings 2/5 User Satisfaction A++ fiscal stability 5
MetLife
score :
80
3/5 Affordability 3/5 Claims Ratings 2/5 User Satisfaction A+ fiscal stability 6
Safeco
score :
77.5
3/5 Affordability 2/5 Claims Ratings 3/5 User Satisfaction A fiscal constancy 7
Progressive
score :
77.5
3/5 Affordability 2/5 Claims Ratings 2/5 User Satisfaction A+ fiscal stability 8
Allstate
score :
75
2/5 Affordability 2/5 Claims Ratings 2/5 User Satisfaction A+ fiscal stability 9
Liberty Mutual
score :
75
2/5 Affordability 3/5 Claims Ratings 2/5 User Satisfaction A fiscal constancy 10
National General
score :
72.5
3/5 Affordability 2/5 Claims Ratings 2/5 User Satisfaction A- fiscal stability
Average Cost of Car Insurance by Postal Code
You should select your residential neighborhood cautiously in New Orleans to save on car indemnity premiums and other costs. The reasoning for doing so is because ZIP codes that record higher numbers of accidents, cable car thefts, and so forth are viewed as riskier to car policy companies. A good exemplar is the 70115 neighborhood in New Orleans where the annual car policy cost is $ 366 less than the 70119 area, which is the most expensive vicinity in New Orleans for car policy coverage .
- Zip Code State Minimumper year
- 70115
$3,228
- 70118
$3,238
- 70122
$3,462
- 70119
$3,594
Factors That Impact Insurance Costs in New Orleans
In accession to individual driver needs and history, location-specific factors like the share of uninsured motorists and the rate of fatal accidents besides contribute to car insurance rates in New Orleans. How New Orleans ranks compared to the 300 most populous cities in the United States can have a significant impact on bounty costs .
Most Accidents With Fatalities
74th
/ 300
Most car Thefts
197th
/ 300
Most uninsured Motorists by State
20th
/ 50
personal Injury Protection Required No
Most annual rain
2nd
/ 300
Most showery Days
102nd
/ 300
Methodology and Assumptions
MoneyGeek ’ south median bounty rates for New Orleans are based on 100/300/100 comprehensive collision coverage with a $ 1,000 deductible for a 40-year-old male driver. The average driver profiled drives a 2010 Toyota Camry LE and has no tickets or accidents on their record. Additional premiums are added based on coverage type, location and drive record. Learn more about MoneyGeek ’ randomness data and methodology here. About the author
Mark Fitzpatrick is a elder content coach with MoneyGeek specializing in indemnity. Mark has years of experience analyzing the policy commercialize and creating master inquiry and capacity. He graduated from Boston College with a Bachelor of Arts and Johns Hopkins University with a maestro of Arts .