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The cheapest company is determined by your needs and driver profile. Louisiana Farm Bureau is the most affordable insurers for full coverage, minimum coverage and drivers with offenses. Teens will find the lowest rates from State Farm, while drivers with a military background will fare best with USAA. If you want the best blend of affordability and service, we recommend State Farm.

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2023

Cheapest and Best Car Insurance in New Orleans, LA

Cheapest Minimum Liability Car Insurance in New Orleans

The cheapest car insurance companies for a minimum coverage policy in New Orleans are:

  • Louisiana Farm Bureau: $772 per year
  • State Farm: $836 per year

Allstate is the least affordable company for minimum coverage at an average cost of $1,817 per year. Louisiana Farm Bureau also offers the cheapest car insurance in Louisiana. Annual premiums from these providers average $478 for a minimum coverage policy, showing how location can impact insurance rates.

Company
Annual Premium
Monthly Premium

Louisiana Farm Bureau

$772

$64

State Farm

$836

$70

GEICO

$856

$71

GEICO

$876

$73

State Farm

$906

$76

Progressive

$935

$78

GEICO

$956

$80

Louisiana Farm Bureau

$1,006

$84

State Farm

$1,018

$85

Progressive

$1,124

$94

Progressive

$1,182

$99

Louisiana Farm Bureau

$1,252

$104

AAA

$1,399

$117

AAA

$1,587

$132

Louisiana Farm Bureau

$1,608

$134

AAA

$1,773

$148

Allstate

$1,817

$151

Allstate

$1,840

$153

Allstate

$1,963

$164

Louisiana Farm Bureau

$1,996

$166

State Farm

$2,011

$168

State Farm

$2,048

$171

Louisiana Farm Bureau

$2,485

$207

State Farm

$2,498

$208

GEICO

$2,574

$214

GEICO

$2,609

$217

GEICO

$2,748

$229

Progressive

$2,894

$241

Progressive

$3,300

$275

AAA

$3,447

$287

Progressive

$3,702

$308

AAA

$3,905

$325

AAA

$4,364

$364

Allstate

$5,021

$418

Allstate

$5,029

$419

Allstate

$5,376

$448

State law determines liability limits for minimum coverage. In Louisiana, minimum liability coverage extends to bodily injury and property damage with these limits:

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

Your liability coverage will pay the medical bills for any injured drivers and passengers if you’re found to be at fault for an accident, but only up to the stated limits. For example, with bodily injury liability limits of $15,000 per person and $30,000 per accident, your insurer will pay up to $15,000 per injured person but not over $30,000 per incident, regardless of how many were injured. You’ll have to pay out of pocket for expenses that exceed these limits.

Cheapest Full Coverage Car Insurance in New Orleans

The cheapest car insurance companies for a full coverage policy in New Orleans are:

  • Louisiana Farm Bureau: $1,608 per year
  • State Farm: $2,011 per year

Allstate charges the highest rates for full coverage at $5,029 per year, on average. Louisiana Farm Bureau is the cheapest full coverage car insurance in Louisiana at $1,015 per year. This demonstrates how your location can influence your car insurance premiums.

Company
Annual Premium
Monthly Premium

Louisiana Farm Bureau

$772

$64

State Farm

$836

$70

GEICO

$856

$71

GEICO

$876

$73

State Farm

$906

$76

Progressive

$935

$78

GEICO

$956

$80

Louisiana Farm Bureau

$1,006

$84

State Farm

$1,018

$85

Progressive

$1,124

$94

Progressive

$1,182

$99

Louisiana Farm Bureau

$1,252

$104

AAA

$1,399

$117

AAA

$1,587

$132

Louisiana Farm Bureau

$1,608

$134

AAA

$1,773

$148

Allstate

$1,817

$151

Allstate

$1,840

$153

Allstate

$1,963

$164

Louisiana Farm Bureau

$1,996

$166

State Farm

$2,011

$168

State Farm

$2,048

$171

Louisiana Farm Bureau

$2,485

$207

State Farm

$2,498

$208

GEICO

$2,574

$214

GEICO

$2,609

$217

GEICO

$2,748

$229

Progressive

$2,894

$241

Progressive

$3,300

$275

AAA

$3,447

$287

Progressive

$3,702

$308

AAA

$3,905

$325

AAA

$4,364

$364

Allstate

$5,021

$418

Allstate

$5,029

$419

Allstate

$5,376

$448

Full coverage insurance includes comprehensive and collision insurance and raises your liability limits.

  • Collision Insurance: Covers the costs of repair or replacement of your vehicle if it sustains damage in an at-fault accident.
  • Comprehensive Insurance: Covers expenses related to the repair or replacement of your vehicle if it sustains damage in a non-accident incident.

It doesn’t make sense to purchase a full coverage policy if you have an older car since you’ll be paying hundreds of dollars more in annual premiums for a vehicle with less value.

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Cheapest Car Insurance in New Orleans After a Driving Offense

The cheapest car insurance companies for a full coverage policy after driving violations in New Orleans are:

  • Speeding ticket: Louisiana Farm Bureau ($1,874 per year)
  • At-fault accident: Louisiana Farm Bureau ($2,100 per year)
  • DUI: Louisiana Farm Bureau ($2,253 per year)

On average, Allstate is the most expensive insurer for drivers with a speeding ticket ($5,614) or an at-fault accident ($6,082). GEICO is the least affordable option for drivers with a DUI at around $6,244 per year. Even the cheapest insurers may charge hundreds of dollars more for drivers with violations.

Company
Annual Premium
Monthly Premium

Louisiana Farm Bureau

$907

$76

State Farm

$970

$81

State Farm

$970

$81

Louisiana Farm Bureau

$1,014

$85

State Farm

$1,051

$88

State Farm

$1,051

$88

State Farm

$1,066

$89

GEICO

$1,085

$90

Louisiana Farm Bureau

$1,103

$92

GEICO

$1,153

$96

State Farm

$1,156

$96

State Farm

$1,181

$98

State Farm

$1,181

$98

Louisiana Farm Bureau

$1,183

$99

Progressive

$1,211

$101

State Farm

$1,299

$108

Louisiana Farm Bureau

$1,320

$110

GEICO

$1,388

$116

Progressive

$1,429

$119

Louisiana Farm Bureau

$1,436

$120

GEICO

$1,446

$121

Progressive

$1,464

$122

Louisiana Farm Bureau

$1,472

$123

GEICO

$1,512

$126

Progressive

$1,606

$134

Louisiana Farm Bureau

$1,643

$137

Progressive

$1,667

$139

Progressive

$1,760

$147

Louisiana Farm Bureau

$1,787

$149

GEICO

$1,807

$151

Louisiana Farm Bureau

$1,874

$156

Progressive

$1,882

$157

GEICO

$1,888

$157

Progressive

$1,994

$166

Allstate

$2,052

$171

Allstate

$2,077

$173

Louisiana Farm Bureau

$2,100

$175

AAA

$2,138

$178

GEICO

$2,144

$179

AAA

$2,203

$184

Allstate

$2,252

$188

Louisiana Farm Bureau

$2,253

$188

State Farm

$2,274

$190

State Farm

$2,274

$190

Allstate

$2,283

$190

Progressive

$2,296

$191

Allstate

$2,330

$194

Louisiana Farm Bureau

$2,330

$194

State Farm

$2,332

$194

State Farm

$2,332

$194

Allstate

$2,362

$197

Allstate

$2,396

$200

AAA

$2,426

$202

AAA

$2,432

$203

State Farm

$2,466

$205

AAA

$2,499

$208

Allstate

$2,518

$210

State Farm

$2,539

$212

Louisiana Farm Bureau

$2,611

$218

AAA

$2,709

$226

GEICO

$2,712

$226

AAA

$2,759

$230

AAA

$2,793

$233

Louisiana Farm Bureau

$2,808

$234

State Farm

$2,831

$236

State Farm

$2,831

$236

Allstate

$2,886

$240

Louisiana Farm Bureau

$2,906

$242

State Farm

$3,074

$256

AAA

$3,082

$257

Louisiana Farm Bureau

$3,257

$271

GEICO

$3,277

$273

Louisiana Farm Bureau

$3,507

$292

GEICO

$3,530

$294

Progressive

$3,739

$312

GEICO

$4,071

$339

GEICO

$4,273

$356

Progressive

$4,337

$361

GEICO

$4,540

$378

Progressive

$4,572

$381

Progressive

$4,660

$388

AAA

$5,023

$419

Progressive

$5,134

$428

AAA

$5,160

$430

Progressive

$5,250

$437

GEICO

$5,282

$440

Progressive

$5,380

$448

GEICO

$5,462

$455

Allstate

$5,614

$468

AAA

$5,649

$471

AAA

$5,693

$474

AAA

$5,851

$488

Allstate

$5,967

$497

Allstate

$5,993

$499

Progressive

$6,064

$505

Allstate

$6,082

$507

Allstate

$6,203

$517

GEICO

$6,244

$520

Allstate

$6,245

$520

AAA

$6,362

$530

AAA

$6,404

$534

Progressive

$6,487

$541

Allstate

$6,507

$542

AAA

$6,537

$545

Allstate

$6,629

$552

AAA

$7,155

$596

Allstate

$7,201

$600

GEICO

$7,634

$636

You might notice a huge increase in your car insurance rates following a severe violation. In New Orleans, expect annual rate increases of around $529 after getting a speeding ticket and $1,103 after a DUI. MoneyGeek discovered that there are several ways to get affordable car insurance for drivers with bad driving records.

Cheapest Car Insurance in New Orleans for Teens and Their Families

The cheapest car insurance companies for teens on a family policy in New Orleans are:

  • State Farm: $5,840 per year for females; $6,890 per year for males
  • GEICO: $8,166 per year for females
  • Progressive: $8,763 per year for males

Allstate is the most expensive provider for teens, with full coverage costing roughly $11,390 or $12,864 per year when a female or male teen is included in a family policy. Male teens typically face higher insurance rates because insurers view young men as riskier to insure. The difference of $1,050 per year in rates from State Farm highlights this. Expect differences in rates to even out in early adulthood.

Company
Family Plan Annual Premium
Individual Plan Monthly Premium

State Farm

$3,476

$5,801

State Farm

$3,695

$6,167

State Farm

$3,838

$6,279

State Farm

$3,854

$7,170

State Farm

$3,950

$6,593

State Farm

$4,093

$7,642

State Farm

$4,162

$6,808

State Farm

$4,380

$8,189

GEICO

$4,493

$5,376

State Farm

$4,514

$7,384

GEICO

$4,582

$7,766

State Farm

$4,583

$8,555

State Farm

$4,591

$9,516

GEICO

$4,597

$5,975

State Farm

$4,819

$8,939

GEICO

$5,136

$8,179

State Farm

$5,148

$10,704

Progressive

$5,293

$8,214

GEICO

$5,363

$7,171

GEICO

$5,373

$6,428

GEICO

$5,484

$7,553

GEICO

$5,497

$7,146

Progressive

$5,508

$8,424

State Farm

$5,531

$11,579

State Farm

$5,533

$10,264

GEICO

$5,756

$6,888

State Farm

$5,777

$12,011

Progressive

$5,818

$9,030

GEICO

$5,839

$7,591

State Farm

$5,840

$13,715

Progressive

$5,942

$9,089

State Farm

$6,053

$13,128

Progressive

$6,157

$10,435

Progressive

$6,168

$11,834

Progressive

$6,227

$11,330

GEICO

$6,251

$12,467

Progressive

$6,357

$9,722

Allstate

$6,461

$8,258

Progressive

$6,498

$10,084

GEICO

$6,521

$23,594

GEICO

$6,566

$12,128

Progressive

$6,610

$12,923

Allstate

$6,652

$8,515

GEICO

$6,815

$11,551

State Farm

$6,845

$14,845

State Farm

$6,890

$16,858

GEICO

$6,897

$21,882

GEICO

$6,947

$11,062

Progressive

$7,685

$41,294

Allstate

$7,686

$10,346

Progressive

$7,863

$17,856

Allstate

$7,912

$10,665

Allstate

$8,094

$10,346

Allstate

$8,094

$10,346

Progressive

$8,115

$15,571

GEICO

$8,166

$35,025

Progressive

$8,239

$44,995

Progressive

$8,251

$44,135

GEICO

$8,298

$30,024

Allstate

$8,332

$10,665

Allstate

$8,332

$10,665

Allstate

$8,475

$10,782

Progressive

$8,543

$20,019

GEICO

$8,755

$27,776

Progressive

$8,763

$47,390

GEICO

$8,776

$33,869

Progressive

$8,779

$17,162

Progressive

$8,856

$47,586

Allstate

$9,145

$11,667

Progressive

$9,373

$51,191

Allstate

$9,450

$12,022

Allstate

$9,538

$13,599

Allstate

$10,310

$13,153

Allstate

$10,350

$14,793

Allstate

$10,778

$14,538

Allstate

$10,863

$14,653

Allstate

$11,390

$16,897

Allstate

$12,400

$17,493

Allstate

$12,599

$17,774

Allstate

$12,864

$19,178

An individual auto insurance policy is often expensive for teens. A more affordable alternative is to add a teen driver to a family policy. According to our data, a 16-year-old male in New Orleans will pay $4,767 more for their own policy vs. being on their family’s policy. Comparing rates can help you find the cheapest auto insurance for teens.

Cheapest Car Insurance in New Orleans for Military Drivers

The cheapest car insurance companies for military families and veterans in New Orleans are:

  • USAA: $1,384 per year
  • Louisiana Farm Bureau: $1,608 per year

The rates shown above are for a full coverage policy. The same companies have the most affordable minimum coverage insurance, with USAA charging around $625 per year, followed by Louisiana Farm Bureau at roughly $772 per year.

Company
Annual Premium
Monthly Premium

USAA

$625

$52

USAA

$745

$62

Louisiana Farm Bureau

$772

$64

USAA

$774

$64

State Farm

$836

$70

GEICO

$856

$71

GEICO

$876

$73

State Farm

$906

$76

Progressive

$935

$78

GEICO

$956

$80

Louisiana Farm Bureau

$1,006

$84

State Farm

$1,018

$85

Progressive

$1,124

$94

Progressive

$1,182

$99

Louisiana Farm Bureau

$1,252

$104

USAA

$1,384

$115

AAA

$1,399

$117

USAA

$1,555

$130

AAA

$1,587

$132

Louisiana Farm Bureau

$1,608

$134

USAA

$1,742

$145

AAA

$1,773

$148

Allstate

$1,817

$151

Allstate

$1,840

$153

Allstate

$1,963

$164

Louisiana Farm Bureau

$1,996

$166

State Farm

$2,011

$168

State Farm

$2,048

$171

Louisiana Farm Bureau

$2,485

$207

State Farm

$2,498

$208

GEICO

$2,574

$214

GEICO

$2,609

$217

GEICO

$2,748

$229

Progressive

$2,894

$241

Progressive

$3,300

$275

AAA

$3,447

$287

Progressive

$3,702

$308

AAA

$3,905

$325

AAA

$4,364

$364

Allstate

$5,021

$418

Allstate

$5,029

$419

Allstate

$5,376

$448

How to Compare Cheap New Orleans Car Insurance Quotes Online

Comparison shopping can be very time-consuming, taking up to 15 minutes for each company. The online form will also require you to enter a lot of personal information, which can expose you to security risks.

MoneyGeek’s car insurance calculator gives a quick ballpark figure of your premium. You only have to enter your age, vehicle type, preferred coverage level and driving record, and our database will provide you with an estimate of your rates.

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Best Car Insurance in New Orleans: Summary

The best car insurance for you will depend on your priorities. The best car insurance companies in New Orleans, Louisiana, include:

  • Best overall: State Farm (MoneyGeek score 72 out of 100)
  • Best for service: State Farm (MoneyGeek score 58 out of 100)
  • Best cheap: State Farm (MoneyGeek score 76 out of 100)

Scores may vary due to category weightings. State Farm is the best auto insurance in Louisiana. With a MoneyGeek score of 85 out of 100, USAA is also worth considering if you have a military background.

Best Overall Car Insurance in New Orleans

The overall best companies for car insurance in New Orleans that offer a balance of affordable rates and exceptional service are:

  • State Farm: MoneyGeek score 72 out of 100 ($2,011 per year)
  • GEICO: MoneyGeek score 67 out of 100 ($2,574 per year)

State Farm scored highly for affordability and service. We also recommend USAA if you’re a veteran or part of a military family. With an impressive MoneyGeek score of 85 out of 100.

How was this MoneyGeek score calculated?

State Farm

pros

Excellent affordability score

High score for customer satisfaction

Offers roadside assistance and rental car and travel reimbursement coverages

cons

Weak claims management

Limited options for add-on coverages

Doesn’t provide accident forgiveness, deductible modification and gap insurance

COMPANY HIGHLIGHTS

State Farm keeps add-on auto coverages simple by offering the two most important ones that most types of drivers will find helpful. It even sweetens the deal by offering these at affordable price points.

State Farm’s roadside assistance only costs $9 per year on top of your annual premium. It covers towing, locksmith labor, mechanical labor and delivery of gas, tires, battery and oil. Keep in mind that you'll still have to pay for the delivered items.

If you purchase rental car coverage, your policy will pay up to $500 in car rental expenses, lodging and other transportation. You’ll still be protected while using the rental car since this coverage gives you up to $500 repayment in deductible if you’re found at fault for an accident while driving your rental vehicle.

Read MoneyGeek's State Farm Auto Insurance Review

Best Car Insurance in New Orleans for Customer Service

If you consider service quality above all else when selecting an insurer, we recommend these companies which provide the best customer experience in New Orleans regardless of cost:

  • State Farm: MoneyGeek score 58 out of 100 ($2,011 per year)
  • GEICO: MoneyGeek score 57 out of 100 ($2,574 per year)

State Farm delivers first-rate service while providing some of the essential coverages that most drivers will find useful. Its policies are also the cheapest among five providers in New Orleans, making this insurer’s full coverage policies the best value for your money.

How was this MoneyGeek score calculated?

State Farm

pros

High ranking on satisfaction

Good score for coverages

Has two of the four essential coverages, including roadside assistance and rental car and travel reimbursement

cons

Weak handling of claims

Doesn’t provide common coverages such as accident forgiveness, deductible modification and gap insurance

COMPANY HIGHLIGHTS

State Farm has limited options for add-on coverages, but it does offer the most essential ones that will help make your commute hassle-free. Its rental car coverage will pay you up to $500 in car rental expenses, lodging and other transportation while waiting for your damaged car to be roadworthy again. Note that your protection is extended to include driving in your rental car, giving you up to $500 repayment in deductible if you’re found at fault for an accident.

With roadside assistance, you’ll have added peace of mind in exchange for a $9 top-up fee on your policy. This coverage takes care of towing, locksmith labor, mechanical labor and delivery of gas, tires, battery and oil, making it a huge bargain.

Our analysis of data from J.D. Power and the National Association of Insurance Commissioners (NAIC) suggests that most of State Farm’s policyholders are pleased with its services.

Read MoneyGeek's State Farm Auto Insurance Review

Best Cheap Car Insurance in New Orleans

Our analysis of affordability and service quality for policies that only meet Louisiana’s minimum coverage requirements showed that these are the best auto insurance companies in New Orleans:

  • State Farm: MoneyGeek score 76 out of 100 ($836 per year)
  • GEICO: MoneyGeek score 74 out of 100 ($856 per year)

A minimum coverage policy is usually the cheapest insurance that’s available to most drivers. Before signing up for this type of policy, you need to first be aware of its drawbacks. Minimum coverage gives the least amount of protection against liability costs and won’t cover repairs and other expenses if your car is damaged in an accident.

How was this MoneyGeek score calculated?

State Farm

pros

An affordable minimum coverage policy costs $836 per year, the cheapest out of five providers

Ranks highly in customer satisfaction

Discounts for bundling, safe driving and senior drivers

cons

No discounts for going paperless and paying in full

Weak handling of claims

COMPANY HIGHLIGHTS

State Farm delivers top-notch service alongside highly affordable minimum coverage policies. You could make your premiums even cheaper by taking advantage of the impressively long list of discounts that this insurer offers.

Like many other insurers, State Farm provides sizable discounts to policyholders who bundle their auto policy with their home, life, condo or renter’s insurance and insure multiple cars. You’ll also qualify for a discount if you’ve been insured under State Farm for a minimum of three consecutive years without a chargeable violation. This benefit extends to new customers who are also eligible for a safe driving discount provided that they haven’t had a traffic violation or at-fault accident for at least three years.

State Farm also offers discounts for senior drivers and for having daytime running lamps or a factory-installed anti-lock braking system.

Read MoneyGeek's State Farm Auto Insurance Review

Average Cost of Car Insurance in New Orleans

The average cost of car insurance in New Orleans for a full coverage policy is $2,328 per year, which is $519 more than the average cost of car insurance in Louisiana and $1,063 more than the national average (as of October 2022).

In our study, a full coverage policy includes $100,000 bodily injury liability per person, $300,000 bodily injury liability per accident and $100,000 property damage liability per accident. Rates tend to differ by city, but location is just one factor that affects the cost of car insurance.

About Mark Fitzpatrick


Mark Fitzpatrick headshot

Mark Fitzpatrick is a senior content director at MoneyGeek with over five years of experience analyzing the insurance market, conducting original research and creating content that can be personalized for every buyer. He has been quoted on insurance topics in several publications, including CNBC, NBC News and Mashable.

Mark 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 economics and insurance knowledge to bring transparency around financial topics and help others feel confident in their money moves.