The Cheapest Car Insurance & Best Insurers in New Orleans

New Orleans drivers pay an average of $1,965 per year for minimum coverage and $4,542 per year for full coverage. These rates rank among the highest in Louisiana, driven by factors including frequent hurricanes, flooding risk and elevated vehicle theft rates. Comparison shopping will give you confidence you are getting the lowest rates.

• Cheapest Minimum Coverage in New Orleans: Farm Bureau provides New Orleans' cheapest minimum coverage at $953 per year ($79 monthly). That's 52% lower than the city average of $1,965, saving you $1,012 annually. GEICO ranks second for minimum coverage at $1,049 per year ($87 monthly), a 41% savings compared to the city average.
• Cheapest Full Coverage in New Orleans: Farm Bureau also offers the lowest full coverage at $2,344 annually ($195 monthly), 52% below the city average of $4,542. That's $2,198 in annual savings! GEICO's full coverage costs $3,024 per year ($252 monthly), still 41% below city average but $680 more than Farm Bureau annually.

Young drivers in New Orleans will pay the highest rates for car insurance.  Adult and senior drivers have lower rates.  Here are the cheapest car insurance companies in New Orleans by age group: 

• Adult drivers: Farm Bureau at $79 monthly with GEICO second cheapest at $87

• Senior drivers: Farm Bureau at $84 monthly and GEICO at $90

• Young drivers: Farm Bureau at $189 and GEICO at $208

Young drivers aged 25 and under can save more with Fam Bureau by taking their Safe Young Driver class and qualifying for discounts.  Teen drivers in New Orleans should remain on their family policy to save up to 40% on car insurance.

Seniors drivers aged 50 and up in New Orleans qualify for GEICO's defensive driver class that will lower you rate by about 10%

We all know that car insurance is more expensive if you have driving violations.  If you recently had a violation, now is the best time to shop for lower rates. You can find cheaper coverage in New Orleans with the insurers that have the lowest rate penalty for your violation. Here are your cheapest car insurance options in New Orleans by violation type: 

• Accident: Farm Bureau at $91 and State Farm at $134 monthly
• Ticket: Farm Bureau at $83 and GEICO at $116 monthly
• DUI: Farm Bureau at $88 and State Farm at $125 monthly

Minor violations in New Orleans remain on your record for 3 years.  After they lapse, you will see rated decreases.

Car insurance rates in New Orleans vary by neighborhood. ZIP code 70117 is the most expensive at $508 monthly for full coverage, while 70124 is the cheapest at $116 monthly. Use the interactive table below to see how much car insurance will cost in your New Orleans zip code.

Now that you understand the cheapest options, consider which insurer offers the best combination of rates, service and reliability for your situation.

Progressive and Farm Bureau both score 95/100 on MoneyGeek's rating scale. Progressive ranks first for customer service, while Farm Bureau ranks first for affordability. Both maintain excellent financial stability and reliability.

Drivers in New Orleans pay some of the highest car insurance rates in Louisiana, which can make finding affordable coverage challenging. This step-by-step guide helps you compare options, lower your rates and choose best coverage for your situation:

Find straightforward answers about affordable car insurance in New Orleans. Our research helps you compare coverage options and rates, so you can choose the right protection for your budget.

MoneyGeek analyzed hundreds of thousands of quotes from major insurers using data from the Louisiana Department of Insurance and Quadrant Information Services. We studied all New Orleans ZIP codes and adjusted for various driver profiles (age, driving record, credit score, military affiliation) to find the most competitive rates.

We rated companies on affordability (60%), customer experience (30%) using Google reviews and J.D. Power, and coverage options (10%). We compared minimum coverage (Louisiana state liability requirements) and full coverage (including comprehensive and collision with $1,000 deductibles).
See our full car insurance methodology.