Car Insurance in Lafayette

GEICO provides Lafayette's most competitive minimum coverage at $776 per year, sitting 46% lower than the city average of $1,350. Farm Bureau offers solid rates at $2,049 for full coverage, though it falls behind GEICO for basic coverage.

Progressive delivers another option worth exploring at $2,138 for full coverage. Louisiana's challenging insurance environment, driven by frequent severe weather and high litigation costs, pushes premiums higher than most states.

Lafayette residents benefit from GEICO's particularly aggressive pricing in the market. Shopping multiple insurers annually helps combat Louisiana's tendency toward rate increases.

GEICO controls Lafayette's age based pricing across most demographics. Adults with clean records pay $776 annually, while young drivers face $1,854. That's a 139% premium increase, substantial but typical for Louisiana's high cost market. Seniors enjoy near adult pricing at $802, just 3% above adult rates.

Louisiana's compressed senior pricing benefits older drivers significantly. However, young drivers in Lafayette face some of the state's steepest premiums. Families with teen drivers should explore good student discounts and driver training programs to offset these high costs.

Young drivers in Lafayette can find the most affordable car insurance through GEICO and State Farm, with monthly premiums starting at $154 and $193. Both companies balance competitive pricing with strong financial reliability. 

Because younger drivers usually pay higher premiums due to limited experience, maintaining a clean record and using available student or telematics discounts can help reduce future costs.

For adults aged 26 to 64, GEICO offers the lowest car insurance rates in Lafayette, averaging 46 percent below the city average with monthly premiums starting at $65. 

State Farm also provides competitive pricing for adults with solid credit and safe driving histories. Bundling home and auto policies or signing up for safe-driver programs can bring rates down even further.

Senior drivers in Lafayette can get the cheapest car insurance with GEICO, which charges about $67 per month ($802 annually) for minimum coverage and $175 per month ($2,098 annually) for full coverage. These affordable rates make it easier for retirees to stay protected without overspending. Seniors who drive less or complete defensive driving courses can qualify for additional savings.

High-risk drivers in Lafayette can still find reasonable premiums with GEICO and Farm Bureau. Whether the issue is a poor credit score, a DUI, or a past accident, these insurers offer lower-than-average pricing while maintaining reliable coverage options.

• Cheapest for Bad Credit: GEICO (from $88 per month)
• Cheapest With a DUI: Farm Bureau (from $82 per month)
• Cheapest With an Accident: Farm Bureau (from $85 per month)
• Cheapest With a Speeding Ticket: Farm Bureau (from $77 per month)

Drivers in Lafayette with bad credit can find affordable coverage through GEICO, which offers minimum coverage starting at $88 per month and full coverage at $194 per month. These policies include either state minimum liability or full coverage with 100/300/100 limits and a $1,000 deductible. Improving credit and maintaining on-time payments can help drivers qualify for lower premiums in the future.

For Lafayette drivers with a DUI, Farm Bureau offers the lowest premiums, saving up to 54 percent on minimum coverage and 51 percent on full coverage compared to the city average. Drivers can work toward rate reductions by completing state-required programs and maintaining continuous, violation-free coverage over time.

Drivers in Lafayette with an at-fault accident can save the most with Farm Bureau, which starts at $85 per month for minimum coverage, roughly 48 percent lower than the city average. Keeping a clean record for several years and avoiding further claims can help drivers see rates normalize faster.

For drivers with a speeding ticket, Farm Bureau offers the most affordable options in Lafayette, with minimum coverage around $77 per month and full coverage at about $177 per month. While premiums rise after a violation, safe driving and a clean record for 12 to 36 months can help lower future renewal costs.

Farm Bureau leads Lafayette's insurance market with a MoneyGeek score of 94.76, combining reasonable rates with strong local agent support and reliable claims handling. Progressive follows at 93.66, offering competitive pricing and comprehensive digital tools.

Both insurers maintain solid financial stability ratings and reasonable complaint ratios with the Louisiana Department of Insurance. Farm Bureau excels for drivers seeking personalized service and bundling opportunities.

Progressive appeals to tech savvy drivers comfortable managing policies online. Lafayette's challenging insurance environment makes choosing financially stable insurers particularly important for long term reliability.

Lafayette exemplifies Louisiana's high insurance costs with averages of $1,350 per year for minimum coverage and $3,043 for full coverage. These rates significantly exceed national averages, reflecting Louisiana's unique challenges including frequent hurricanes, high litigation rates and elevated uninsured driver percentages.

GEICO offers minimum coverage at $776, demonstrating how critical insurer selection becomes in high cost markets. Louisiana's mandatory minimum coverage requirements don't fully explain the elevated costs.

Lafayette residents face above average premiums driven by regional factors. Maintaining clean records, bundling policies and annual comparison shopping become essential strategies for managing these higher baseline costs.

In Lafayette, car insurance rates by ZIP code range from $94 to $299 per month. ZIP code 70507 is the most expensive, while 70503 is the cheapest. Check the average rates for your ZIP code on the table below.

Finding affordable car insurance in Lafayette can feel overwhelming, with local rates running higher than many other cities and numerous coverage options to sort through. This step-by-step guide shows you exactly how to secure the cheapest rates while maintaining the right coverage for your needs.

Car insurance rates in Lafayette depend on your age, driving record and credit score. GEICO and Farm Bureau offer the lowest average premiums in the area, but compare quotes from multiple insurers to find your best rate.

Find clear answers about affordable car insurance in Lafayette. Our research helps you get the coverage you need at the lowest rates available.

To help Lafayette drivers find the most affordable auto insurance companies, MoneyGeek analyzed Lafayette auto insurance rates based on data and information from the Louisiana Department of Insurance and Quadrant Information Services. We studied all ZIP codes in Lafayette and hundreds of thousands of quotes for 12 companies offering auto insurance in Louisiana to tailor options as closely as possible to you.

Lafayette Driver Profile

MoneyGeek created a sample driver profile to calculate car insurance quote averages in Lafayette with the following characteristics:

• 40-year-old male
• 2012 Toyota Camry LE
• Clean driving record
• 12,000 miles driven annually
• Good credit
• Valid license
• Currently insured
• No claims history

Certain factors, such as age, driving record, credit score and military affiliation, were adjusted to find the most suitable insurance companies for specific driver profiles.

Coverage Levels in Lafayette

MoneyGeek compared the most affordable insurance providers for both minimum and full coverage auto insurance policies.

The minimum coverage requirements in Louisiana are:

• $30,000 bodily injury liability per person
• $60,000 bodily injury liability per accident
• $25,000 property damage liability per accident

For a full coverage policy, we used the following coverage limits:

• $100,000 bodily injury liability per person
• $300,000 bodily injury liability per accident
• $100,000 property damage liability per accident
• Comprehensive and collision insurance, each with a $1,000 deductible

Our Best Company Rating Methodology

We rated all companies in Lafayette based on the following rating scale:

• Affordability (60% of score): We evaluated quotes for various common driver profiles and compared rates to competition within the city to get this score.
• Customer Experience (30% of Score): Sources like agency reviews on Google, J.D. Power, AM Best and forums like Reddit were used to gauge customer sentiment and experiences across the board to get this score.
• Coverage Options (10% of Score): This score takes into account the amount of coverage options a provider has in addition to the uniqueness of offering and included benefits.