How Much Is Car Insurance in Louisiana? (June 2024)


Enter your ZIP code to get started

Shield

Free. Simple. Secure.

fact checked icon

Updated: June 19, 2024

Advertising & Editorial Disclosure

In Louisiana, the average annual cost of full coverage car insurance is $2,151. For minimum coverage, the average cost is $758 per year.

To determine your car insurance cost, insurance providers consider various factors like age, coverage level, where you live, your driving record and your credit history. Remember that having good credit and a clean driving record can lead to more affordable rates.

Why Trust MoneyGeek? We analyzed data and quotes from Quadrant Information Services and the Louisiana Department of Insurance to get the most precise average costs for a variety of Louisiana drivers.

recency icon

These rates reflect the average cost of car insurance in Louisiana as of June 2024.

26,950Quotes Analyzed
 
9Companies Compared
 
49ZIP Codes

Average Car Insurance Costs in Louisiana

The average cost of full coverage car insurance in Louisiana is $2,151 per year. When comparing car insurance quotes, understanding the average costs can help you better assess whether you're receiving a cost-effective offer from your insurer.

Below is a summary of Louisiana's average car insurance rates for full coverage or minimum coverage policies.

100/300/100 Full Cov. w/$1,000 Ded.Average Annual Premium$2,151Average Monthly Premium$179
100/300/100 Liability OnlyAverage Annual Premium$1,297Average Monthly Premium$108
State Minimum Liability OnlyAverage Annual Premium$758Average Monthly Premium$63

Why Are Car Insurance Rates Moderate in Louisiana?

The cost of minimum coverage car insurance in Louisiana is around $758 per year, which is more expensive than the national average cost of $573 per year for the same level of coverage. Factors contributing to Louisiana's higher costs include its high rate of claims, severe weather conditions that can damage cars and a legal environment that encourages larger settlements for accidents.

Average Car Insurance Costs in Louisiana by Company

Car insurance premiums can vary significantly from one company to another, even within the same state. In Louisiana, Louisiana Farm Bureau offers the cheapest full coverage option at $1,015 per year, while Allstate has the priciest average premium at $4,112 per year. Comparing quotes can help you find the cheapest car insurance in Louisiana, which can lead to savings on insurance costs.

Data filtered by:Results filtered by:
Coverage:
Coverage:Full Coverage
Age Group:
Age Group:30-59
Louisiana Farm BureauAnnual Premium$1,015Monthly Premium$85
GEICOAnnual Premium$1,697Monthly Premium$141
ProgressiveAnnual Premium$1,836Monthly Premium$153
State FarmAnnual Premium$1,928Monthly Premium$161
AAAAnnual Premium$2,316Monthly Premium$193
AllstateAnnual Premium$4,112Monthly Premium$343
Compare Auto Insurance Rates

Ensure you're getting the best rate for your auto insurance. Compare quotes from the top insurance companies.

Average Car Insurance Costs in Louisiana by Coverage Level

Your choice of coverage level will also impact the cost of your car insurance. In Louisiana, the average monthly cost for minimum coverage is $63, while full coverage costs around $179 with a deductible of $1,000.

Full coverage car insurance provides more financial protection in case of an accident. Adding comprehensive and collision coverage will raise your insurance premiums, but you can offset this increase by selecting higher deductibles. Note that the deductible amount applies individually to both comprehensive and collision coverages, affording you a measure of control over annual insurance costs.

State Minimum Liability OnlyAverage Annual Premium$758Average Monthly Premium$63
100/300/100 Liability OnlyAverage Annual Premium$1,297Average Monthly Premium$108
State Minimum Liability w/ Full Cov. w/$1,500 Ded.Average Annual Premium$1,519Average Monthly Premium$127
300/500/300 Liability OnlyAverage Annual Premium$1,612Average Monthly Premium$134
State Minimum Liability w/ Full Cov. w/$1,000 Ded.Average Annual Premium$1,612Average Monthly Premium$134
State Minimum Liability w/ Full Cov. w/$500 Ded.Average Annual Premium$1,783Average Monthly Premium$149
100/300/100 Full Cov. w/$1,500 Ded.Average Annual Premium$2,058Average Monthly Premium$172
100/300/100 Full Cov. w/$1,000 Ded.Average Annual Premium$2,151Average Monthly Premium$179

Minimum Car Insurance Requirements in Louisiana

In Louisiana, the minimum car insurance requirements include $15,000 for bodily injury per person, $30,000 for bodily injury per accident and $25,000 for property damage per accident.

    injury icon

    $15,000 for bodily injury liability per person

    In Louisiana, you are required to have at least $15,000 for bodily injury liability per person to cover expenses for injuries to others in an accident where you are at fault.

    firstAidKit icon

    $30,000 for bodily injury liability per accident

    Louisiana state minimum car insurance requires $30,000 for bodily injury liability per accident, providing coverage for all persons injured in one accident.

    accident2 icon

    $25,000 for property damage liability per accident

    Louisiana law mandates that drivers carry a minimum of $25,000 for property damage liability per accident to pay for damages to another person's property.

Average Car Insurance Costs in Louisiana by City

Your car insurance premiums are affected by which Louisiana city you live in. Full coverage in Shreveport costs $1,450, while it costs $2,328 in New Orleans.

Car insurance rates in Louisiana vary due to factors like local traffic conditions, the probability of theft and weather risks in the area. Other key determinants include the driver's history and the city's legal insurance requirements.

Baton RougeFull Coverage Annual Premium$1,958Minimum Coverage Annual Premium$852
LafayetteFull Coverage Annual Premium$1,645Minimum Coverage Annual Premium$725
MetairieFull Coverage Annual Premium$1,915Minimum Coverage Annual Premium$824
New OrleansFull Coverage Annual Premium$2,328Minimum Coverage Annual Premium$952
ShreveportFull Coverage Annual Premium$1,450Minimum Coverage Annual Premium$592

Average Car Insurance Costs in Louisiana by Age

Age significantly influences car insurance costs in Louisiana. Teenage drivers and drivers aged 22 to 29 typically face the highest insurance premiums due to their lack of driving experience, which leads to a higher risk of accidents. As driving experience increases, premiums usually decrease. Drivers in the 30 to 59 age group enjoy more affordable rates. However, car insurance premiums increase again slightly for drivers 60 and over.

Data filtered by:Results filtered by:
Coverage:
Coverage:100/300/100 Full Cov. w/$1,000 Ded.
22-29Average Annual Premium$2,606Average Monthly Premium$217
30-59Average Annual Premium$2,151Average Monthly Premium$179
60 +Average Annual Premium$2,314Average Monthly Premium$193

Average Car Insurance Costs in Louisiana for Teens

Age and gender significantly impact car insurance rates in Louisiana, with 16-year-old male drivers experiencing the highest premiums. On average, adding a 16-year-old male to a family policy costs $7,393 per year, while opting for an individual policy raises the premium to $12,523. Teenagers under 18 cannot legally purchase car insurance without a guardian.

Data filtered by:Results filtered by:
Gender:
Gender:Male
16Added to Family Policy Premium$7,393Individual Premium$12,523
17Added to Family Policy Premium$7,459Individual Premium$11,885
18Added to Family Policy Premium$6,625Individual Premium$10,457
19Added to Family Policy Premium$6,101Individual Premium$6,468
20Added to Family Policy Premium$6,226Individual Premium$5,693
21Added to Family Policy Premium$5,015Individual Premium$4,617
22Added to Family Policy Premium$4,673Individual Premium$4,173
23Added to Family Policy Premium$4,898Individual Premium$3,898

Average Car Insurance Costs in Louisiana for New Cars

The average annual cost for full coverage car insurance for a 2012 model is $1,970, while the same coverage skyrockets to $2,368 for a 2022 model. This increase is due to the higher actual cash value of newer models, costlier repairs and the greater risk of theft associated with them.

Drivers with newer models should consider comprehensive and collision coverage. These coverages offer financial protection against various incidents, including accidents, theft and natural disasters.

Data filtered by:Results filtered by:
Coverage:
Coverage:Full Coverage
Age Group:
Age Group:30-59
2012 VehicleAnnual Premium$1,970Monthly Premium$164
2022 VehicleAnnual Premium$2,368Monthly Premium$197
mglogo icon
ACTUAL CASH VALUE

Your vehicle's actual cash value (ACV) is the baseline insurers use to determine payout amounts for comprehensive or collision claims. The ACV represents your vehicle's market value, factoring in depreciation at the time of the damage or loss. If the cost to repair your vehicle exceeds the ACV, your insurer may deem it a total loss and compensate you based on the determined ACV, minus any deductible.

Average Car Insurance Costs in Louisiana by Driving Record

The average cost of car insurance in Louisiana can vary widely depending on your driving record. Here's what you might expect to pay for a full coverage policy:

  • With a ticket: $2,693 per year, $224 per month
  • With an at-fault accident: $3,154 per year, $263 per month
  • With a DWI: $3,175 per year, $265 per month

Your driving violation can significantly affect the price of your car insurance. In Louisiana, the more serious the violation, the more you'll pay; this higher cost sticks with you as long as the violation is on your record. For example, a DWI can stay on your driving record in Louisiana for ten years.

You can look through the table below by coverage and age group to find out the average cost of car insurance in Louisiana for different driving histories.

Data filtered by:Results filtered by:
Coverage:
Coverage:100/300/100 Full Cov. w/$1,000 Ded.
Age Group:
Age Group:30-59
CleanAverage Annual Premium$2,151Average Monthly Premium$179
TicketAverage Annual Premium$2,693Average Monthly Premium$224
At-fault AccidentAverage Annual Premium$3,154Average Monthly Premium$263
DUIAverage Annual Premium$3,175Average Monthly Premium$265

Average Car Insurance Costs in Louisiana by Credit Score

Louisiana drivers can expect their car insurance premiums to vary significantly based on their credit score, with average annual costs ranging from $1,597 for excellent credit to $2,993 for poor credit.

A good credit score is usually from 670 to 739. Higher scores indicate better credit decisions and can lead to more affordable insurance rates, while lower scores may result in higher premiums.

Data filtered by:Results filtered by:
Coverage:
Coverage:100/300/100 w/ $1000 Deductible
Age Group:
Age Group:30-59
ExcellentAnnual Premium$1,597Monthly Premium$133
GoodAnnual Premium$1,864Monthly Premium$155
FairAnnual Premium$2,242Monthly Premium$187
Below FairAnnual Premium$2,535Monthly Premium$211
PoorAnnual Premium$2,993Monthly Premium$249
Compare Auto Insurance Rates

Ensure you're getting the best rate for your auto insurance. Compare quotes from the top insurance companies.

Factors Affecting Car Insurance Rates in Louisiana

Driving in Louisiana can come with various insurance costs. Here are some factors that influence the average cost of car insurance in the Pelican State:

  • Driving Record: Safe drivers are often rewarded with lower insurance rates. Traffic violations, accidents or DUIs on your record could increase your premiums significantly.

  • Age and Experience: Younger, less experienced drivers typically face higher insurance costs in Louisiana due to their statistically higher risk of accidents.

  • Credit Score: A higher credit score could help you obtain more affordable car insurance rates, as insurers often view a good credit history as an indicator of responsible behavior.

  • Vehicle Type: The make, model and year of your vehicle can impact your insurance rates. High-performance or luxury vehicles may carry higher premiums.

  • Coverage Level: Opting for more than the state minimum coverage — such as adding comprehensive insurance and collision insurance — can increase your rate, but it also offers better protection.

  • Location: Rates can vary depending on where you live in Louisiana, with drivers in high-traffic or urban areas often paying more.

  • Claims History: Insurers may consider you a higher risk if you've made car insurance claims in the past, which can lead to increased rates.

  • Marital Status: Married individuals may see lower rates due to perceived stability and lower risk-taking behaviors.

Remember, shopping around and comparing quotes can help you find the most affordable plan that meets your needs.

How to Save Money on Car Insurance in Louisiana

To secure affordable car insurance in Louisiana, compare quotes from multiple insurers, opt for a higher deductible and utilize all eligible discounts.

    shoppingCart icon

    Shop around

    Comparing rates from different insurers can lead to finding the most affordable car insurance in Louisiana.

    seatbelt icon

    Maintain a clean driving record

    A clean driving record can significantly lower insurance costs. Avoid traffic violations and accidents to benefit from lower premiums.

    barChart icon

    Increase deductibles

    Opting for higher deductibles can reduce your monthly premiums. However, ensure you can afford the deductible in case of a claim.

    homeInsurance icon

    Bundle policies

    Bundling car insurance with other policies like homeowners insurance can unlock discounts. Insurers often reward customers for purchasing multiple policies.

    discount2 icon

    Seek out discounts

    Insurance companies offer various discounts that can make coverage more affordable. Look for discounts such as multi-car, good student or safe driver.

    car2 icon

    Choose a car that's cheaper to insure

    Driving a car that's less expensive to insure can lead to savings. Research which vehicles have lower insurance costs in Louisiana.

    carInsurance icon

    Consider usage-based insurance

    If you're a low-mileage driver, usage-based insurance could offer significant savings. These programs base premiums on actual driving habits.

FAQ: Car Insurance Costs in Louisiana

Understanding the average cost of car insurance in Louisiana is important for budgeting and financial planning. Get informed on the financial considerations of insuring your vehicle in the Pelican State.

What are the minimum car insurance requirements in Louisiana?
What is the average cost of full coverage and minimum coverage auto insurance in Louisiana?
What is the average cost of car insurance for a 22-year-old in Louisiana?
What are the cheapest car insurance companies in Louisiana?

About Mark Fitzpatrick


Mark Fitzpatrick headshot

Mark Fitzpatrick has analyzed the property and casualty insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. Currently, he leads P&C insurance content production at MoneyGeek. Fitzpatrick has been quoted in several insurance-related publications, including CNBC, NBC News and Mashable.

Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.