Just like elsewhere in the country, auto insurance providers prepare car insurance quotes in New Orleans based on multiple elements including a driver's location. To find cheap car insurance in New Orleans it’s smart to compare tailored quotes from multiple companies to see which is the most affordable option that meets your needs.
Compare the Cheapest Car Insurance Quotes in New Orleans, LA
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Average Cost of Car Insurance in New Orleans
New Orleans$3,380
Louisiana$3,041
US$1,424
The New Orleans car insurance rate per year is much higher than the state and national averages. In New Orleans, the average rate is $3,380 which is 11.2% more than the state average and 137.3% higher than the national average.
The Best Cheap Car Insurance Companies in New Orleans
In New Orleans, USAA is the company with the most affordable car insurance rates. However, this firm is only for military personnel and their families. The most affordable auto insurance provider for the general public is Southern Farm Bureau. Their coverage is on average 189.6% cheaper than AAA, the city’s most expensive auto insurance firm.
Company
Amountper year
1. USAA
In 2020, USAA ranked #1 in New Orleans for the cheapest car insurance for the average driver.
$1,667
2. Southern Farm Bureau
In 2020, Southern Farm Bureau ranked #2 in New Orleans for the cheapest car insurance for the average driver.
$1,692
3. GEICO
In 2020, GEICO ranked #3 in New Orleans for the cheapest car insurance for the average driver.
$2,622
4. State Farm
In 2020, State Farm ranked #4 in New Orleans for the cheapest car insurance for the average driver.
$2,683
5. Allstate
In 2020, Allstate ranked #5 in New Orleans for the cheapest car insurance for the average driver.
$3,164
6. Progressive
In 2020, Progressive ranked #6 in New Orleans for the cheapest car insurance for the average driver.
$3,798
7. MetLife
In 2020, MetLife ranked #7 in New Orleans for the cheapest car insurance for the average driver.
$4,804
8. AAA
In 2020, AAA ranked #8 in New Orleans for the cheapest car insurance for the average driver.
$4,900
Personalized Quotes to Get You the Cheapest Car Insurance in New Orleans
Factors like your gender, age, marital status, and car type are analyzed by auto insurance providers to compute car insurance quotes. For example, Southern Farm Bureau's auto insurance premiums for 18-year-old males are about one and a half times costlier than their plans for 40-year-old males. To find cheap coverage, you should regularly acquire a customized quote that factors in any changes in your life's circumstances.
Compare Auto Insurance Rates
Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.
Cheapest Car Insurance in New Orleans by Coverage Amount
How much car insurance coverage you purchase in New Orleans also affects how much your policy will cost. Coverage includes required liability coverage and optional items like collision, comprehensive, and deductibles.
Visit these guides to learn more:
Louisiana Minimum Liability Requirements
| Item | Description |
|---|---|
| Bodily Injury and Property Damage | $15,000 per person, $30,000 per accident and $25,000 for property damage. A more protective level is 100/300/100. |
Southern Farm Bureau offers both 50/100/50 full-coverage and liability packages in New Orleans. The full-coverage package is $229 costlier than liability-only coverage. But, the additional cost is a wise investment as the plan will pay for your expenses if you get into an accident.
Average Car Insurance Premiums by Coverage Type
Liability Only
| Company | State Minimumper year | 50 / 100 / 50per year |
|---|---|---|
| 1. USAA | $776 | $1,066 |
| 2. Southern Farm Bureau | $808 | $1,184 |
| 3. GEICO | $1,105 | $1,651 |
| 4. State Farm | $1,185 | $1,651 |
| 5. Allstate | $1,408 | $2,079 |
| 6. Progressive | $1,409 | $2,121 |
| 7. AAA | $1,944 | $2,985 |
| 8. MetLife | $3,114 | $4,107 |
Full Coverage
| Company | 50 / 100 / 50per year | 100 / 300 / 100per year |
|---|---|---|
| 1. USAA | $1,432 | $1,667 |
| 2. Southern Farm Bureau | $1,413 | $1,692 |
| 3. GEICO | $2,110 | $2,622 |
| 4. State Farm | $2,161 | $2,683 |
| 5. Allstate | $2,645 | $3,164 |
| 6. Progressive | $2,911 | $3,798 |
| 7. AAA | $4,010 | $4,900 |
| 8. MetLife | $4,785 | $4,804 |
Compare Auto Insurance Rates
Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.
Cheapest Car Insurance in New Orleans If You Have Tickets
A smart way to save on insurance costs is to drive safely. Driving violations increase the auto insurance premium paid by a driver. In New Orleans, Southern Farm Bureau customers with a speeding ticket will spend $216 more annually on car insurance than those with a clear driving record. People with a DUI will be required to pay $523 more for their coverage.
| Company | Speeding Ticketper year | At-Fault Accidentper year | DUIper year |
|---|---|---|---|
| 1. Southern Farm Bureau | $1,908 | $2,144 | $2,215 |
| 2. USAA | $2,108 | $2,487 | $2,502 |
| 3. State Farm | $2,867 | $3,051 | $2,867 |
| 4. Allstate | $3,632 | $4,541 | $4,072 |
| 5. GEICO | $3,430 | $3,874 | $6,500 |
| 6. Progressive | $5,150 | $6,712 | $5,743 |
| 7. AAA | $6,465 | $7,061 | $6,598 |
| 8. MetLife | $6,243 | $7,128 | $10,699 |
Average Cost of Car Insurance by Postal Code
You should select your residential neighborhood carefully in New Orleans to save on auto insurance premiums and other costs. The reasoning for doing so is because ZIP codes that record higher numbers of accidents, car thefts, and so forth are viewed as riskier to car insurance companies. A good example is the 70115 neighborhood in New Orleans where the annual car insurance cost is $366 less than the 70119 area, which is the most expensive locality in New Orleans for auto insurance coverage.
| Zip Code | State Minimumper year |
|---|---|
| 70115 | $3,228 |
| 70118 | $3,238 |
| 70122 | $3,462 |
| 70119 | $3,594 |
Insurance Providers That Serve New Orleans
Factors That Impact Insurance Costs in New Orleans
In addition to individual driver needs and history, location-specific factors like the percentage of uninsured motorists and the rate of fatal accident also contribute to car insurance rates in New Orleans. How New Orleans ranks compared to the 300 most populous cities in the United States can have a significant impact on premium costs.
Shopping around for car insurance in New Orleans could save you $1,688, which is enough to buy:
563Cups of Coffee
130Months of Your Favorite Streaming Service
Methodology and Assumptions
MoneyGeek’s average premium rates for New Orleans are based on 100/300/100 comprehensive collision coverage with a $1,000 deductible for a 40-year-old male driver. The average driver profiled drives a 2010 Toyota Camry LE and has no tickets or accidents on their record. Additional premiums are added based on overage type, location and driving record. Learn more about MoneyGeek’s data and methodology here.