Lafayette, LA, Car Insurance

The average full coverage car insurance cost in Lafayette is $199 per month. Prices can range from as low as $199 to as high as $759, depending on the policy specifics, vehicle type, and driver's details. To help residents better understand what they might pay, the table below includes average car insurance costs for various driver profiles.

Because insurers calculate premiums differently, for the most accurate estimate, you'll need to get quotes from multiple providers.

In Lafayette, full coverage car insurance averages $2,380 per year, while minimum coverage costs about $952 annually. Lafayette's full coverage is more affordable than the Louisiana average of $2,466, but its minimum coverage is pricier compared to the state average of $919.

Even though premiums are rising in the Pelican State, you can still find affordable car insurance in Lafayette. Louisiana Farm Bureau offers the cheapest minimum coverage at just $48 per month. For those seeking full coverage, they also provide the best rate at $93 per month.

Louisiana Farm Bureau often offers the cheapest car insurance, but costs vary by driver. To find the best rate, compare quotes from several insurers. Below is a table with affordable rates for different driver profiles.

Finding the cheapest car insurance in Lafayette means comparing rates. Below, we detail the most affordable plans for state minimum and full coverage car insurance.

Louisiana Farm Bureau offers the cheapest minimum coverage auto insurance at $48 per month, while GEICO follows at $66. To explore more, see the breakdown of the cheapest options in the table below.

Louisiana Farm Bureau offers the cheapest full coverage car insurance in Lafayette at $93 per month. Below is a table with the full list of providers and their rates.

To find affordable car insurance in Lafayette, get quotes from several providers. Louisiana Farm Bureau offers the cheapest rate at $845 annually. State Farm is the best affordable option with a MoneyGeek score of 80. Check the table below for more options.

*Rates are for a 40-year-old driver with good credit and no driving violations.

Middle-aged drivers and younger seniors have the lowest car insurance rates, with pricing of $2,380 per year for 40-year-olds and $2,611 annually for 65-year-olds. Below, you can compare average rates for ages 16 to 65 in the city.

State Farm offers the cheapest overall car insurance for teens in Lafayette at $395 per month, saving $151 compared to the state average. The table below also breaks down some of the most affordable providers in the city for this age group.

*Rates reflect 16 to 19-year-old drivers with good credit and no driving violations for full coverage policies.

GEICO offers the best minimum coverage rate at $67 per month, while Louisiana Farm Bureau provides the most affordable full coverage at $145 monthly. Check the table below to see which providers offer the cheapest rates for various young driver profiles.

Louisiana Farm Bureau offers the most affordable auto insurance for young drivers at $111 per month. For more on affordable auto insurance, see the table below, which shows other companies with competitive rates.

*Rates are for 25-year-old drivers with good credit and no driving violations for both minimum and full coverage.

Louisiana Farm Bureau offers the cheapest car insurance for minimum coverage, but rates can vary based on factors like your driving record or credit score. The table below shows the cheapest providers for different driver and coverage profiles that may better fit you.

Louisiana Farm Bureau offers the cheapest monthly premium for seniors at $89 for minimum coverage. GEICO follows with a rate of $123 per month. The table below shows top car insurance options for seniors in Lafayette.

*Rates are for 65-year-old drivers with good credit and no driving violations for both minimum and full coverage.

When looking at high-risk driver profiles, Lafayette's average rates for both minimum and full coverage are lower than the state average. Bad credit and DUIs drive up car insurance rates the most, while accidents and speeding tickets have a smaller impact.

Louisiana Farm Bureau offers the cheapest minimum coverage for drivers with a DUI at $818 per year. For full coverage, they also lead with an annual rate of $1,564. Check out the table below for more low-cost coverage options.

*Rates are for a 40-year-old driver with good credit and a DUI.

Louisiana Farm Bureau, State Farm, and GEICO are the three cheapest car insurance providers for drivers with an at-fault accident record in Lafayette. For those seeking the cheapest auto insurance after an at-fault accident, these companies offer affordable options. The table below shows different Lafayette providers offering cheap car insurance coverage for drivers with an at-fault accident violation.

*Rates are for a 40-year-old driver with good credit an at-fault accident.

Louisiana Farm Bureau is the cheapest car insurance provider for drivers with a speeding ticket in Lafayette, offering minimum coverage at $56 and full coverage at $108. Check the table below to see how other providers charge drivers with a speeding ticket.

**Rates are for a 40-year-old driver with good credit and a speeding ticket.*

Louisiana Farm Bureau offers the most affordable rates for drivers with bad credit in Lafayette, with $86 for state minimum and $166 for full coverage. See the table below for other affordable options.

*Rates are for a 40-year-old driver with bad credit and no driving violations.

In Louisiana, each city adheres to car insurance minimums set by statewide mandates. Here's what your policy needs at a minimum:

• $15,000 for bodily injury liability per person.
• $30,000 for bodily injury liability per accident.
• $25,000 for property damage liability per accident.

For example, if you're in a minor accident causing $20,000 in damage, your minimum coverage will handle the costs, keeping you financially protected.

Louisiana Farm Bureau shines with the most affordable car insurance in Lafayette, at just $48 for minimum coverage and $93 for full coverage. No matter your age or credit, you'll find providers with competitive rates to fit your budget. Make sure your policy covers Louisiana's essentials: bodily injury, property damage, and uninsured motorist protection. By comparing, get the best price for the coverage you need, as required by law.

This FAQ section offers quick answers to common questions about finding affordable and quality car insurance in Lafayette. You’ll learn how to choose the best options, focusing on state minimum coverage and cost-effective plans.

MoneyGeek conducted an analysis of Lafayette auto insurance prices using data from the Louisiana Department of Insurance and Financial Services and Quadrant Information Services.

Lafayette Driver Profile

To assess the best and most affordable auto insurance options for Lafayette residents, MoneyGeek used the following sample driver profile:

• 40-year-old male
• Clean driving history
• 2012 Toyota Camry LE
• 12,000 miles driven per year

By altering variables such as age, driving records and military status, MoneyGeek also found the top insurers for different types of drivers.

Coverage Levels in Lafayette

In assessing the car insurance quotes for Lafayette, we gathered data for both minimum and full coverage policies, ensuring each insurer conformed to Louisiana's mandated liability insurance parameters:

The minimum coverage requirements in Louisiana are:

• $15,000 for bodily injury liability per person.
• $30,000 for bodily injury liability per accident.
• $25,000 for property damage liability per accident.

To assess rates for full coverage policies, MoneyGeek upped the coverage amounts to these limits:

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

MoneyGeek’s Scoring System

MoneyGeek scored insurers on a scale of zero to 100, factoring in customer satisfaction, cost-effectiveness, claims management, coverage options and financial stability.

Insurers received scores as indicated below, with a total possible score of 100 points:

• General customer satisfaction (up to 35 points)
• Affordability (up to 30 points)
• Claims experience (up to 20 points)
• Essential coverages (up to 10 points)
• Financial stability (up to five points)

MoneyGeek’s Sources

To gauge rates and assess the best service experiences among Louisiana providers, MoneyGeek utilized six sources:

• Quadrant Information Services provided actual policy quotes in Lafayette
• J.D. Power's studies and the NAIC index contributed to the assessment of customer service
• Claims experience metrics came from J.D. Power and the CRASH Network’s report card
• AM Best and Demotech offered financial stability insights through their ratings

For more detailed information on how these scores were calculated, review MoneyGeek's methodology.