New Orleans, LA Car Insurance

In the Crescent City, the average full coverage car insurance cost is $287 per month. Prices range from $312 to $1,144 depending on various factors. To help drivers understand what they might pay, the table below lists average car insurance costs for different driver profiles.

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

Car insurance in New Orleans costs $3,450 a year for full coverage and $1,251 for state minimum coverage. These rates are higher than Louisiana's averages of $2,479 for full coverage and $921 for state minimum.

Even with rising premiums in Louisiana, you can still find affordable car insurance in New Orleans. Louisiana Farm Bureau offers the cheapest minimum coverage at $63 per month. For full coverage, they also provide the best rate at $127 per month.

Louisiana Farm Bureau often offers affordable car insurance, but rates differ for each driver. The best way to find the cheapest car insurance is to compare quotes from several providers. Below is a table showing the cheapest car insurance rates for different driver profiles.

Different car insurance companies in New Orleans offer varying premium rates. To find the cheapest option, compare multiple quotes. Below, we detail the most affordable state minimum and full coverage car insurance plans.

Louisiana Farm Bureau offers the cheapest minimum coverage auto insurance at $63 monthly. GEICO follows with a rate of $87. Check the table below for a detailed breakdown of affordable options.

Louisiana Farm Bureau offers the cheapest full coverage car insurance in New Orleans at $127 per month. Below is a list of other providers and their rates.

To find affordable car insurance in New Orleans, get quotes from several companies. Louisiana Farm Bureau offers the cheapest annual premium at $1,141, while State Farm is the top-rated provider with a MoneyGeek score of 78. Check the table below for more options to consider in your search.

*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 $3,426 per year for 40-year-olds and $3,722 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 New Orleans at $486 per month, saving $205 compared to the state average. The table below also breaks down some of the most affordable providers 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 for young drivers in New Orleans at $89 per month. For full coverage, Louisiana Farm Bureau is the most affordable at $196 per month. Check the table below to see which providers offer the cheapest rates for different young driver profiles.

Louisiana Farm Bureau offers the most affordable auto insurance at $149 per month for young drivers. Affordable auto insurance is crucial for young drivers seeking budget-friendly options. The table below 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 rates for minimum coverage and drivers with speeding tickets. However, rates can vary based on many factors. The table below shows affordable options for various driver profiles and coverage needs.

Louisiana Farm Bureau offers the cheapest monthly premium for seniors in New Orleans at $119 when considering minimum and full coverage. GEICO follows with a rate of $177 per month. The table below shows more top car insurance providers for seniors in the area.

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

Drivers in New Orleans with high-risk profiles often pay less for minimum coverage but more for full coverage compared to the state average. Those with poor credit and DUIs face the highest car insurance costs. In contrast, accidents and speeding tickets have a smaller impact on rates. Understanding these factors can help residents manage their insurance expenses effectively.

Louisiana Farm Bureau offers the cheapest minimum coverage for drivers with a DUI at $1,073 per year. For full coverage, State Farm leads with a rate of $3,672 annually. 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 those with an at-fault accident record in New Orleans. Discover more about the cheapest auto insurance after an at-fault accident. The table below shows different providers in New Orleans 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, offering state minimum coverage at $74 and full coverage at $147 monthly in New Orleans. Explore the table below to see how other providers charge drivers with a speeding ticket on their record.

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

The most affordable rates for drivers with bad credit in New Orleans are offered by Louisiana Farm Bureau, with $113 monthly for state minimum coverage and $228 for full coverage. See the table below to find other affordable options.

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

In Louisiana, each city follows statewide mandates for car insurance minimums. 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.

These minimum coverages mean if you're at fault in an accident, your insurance covers up to $15,000 for injuries per person. However, any costs beyond these limits would be your responsibility.

Louisiana Farm Bureau stands out with the lowest car insurance rates in New Orleans, at $63 for minimum coverage and $127 for full coverage. No matter your age or credit history, you'll find affordable options tailored to your needs.

Your policy must include Louisiana's mandatory coverage: bodily injury, property damage, and uninsured motorist protection. By comparing providers, you can secure budget-friendly rates that fully comply with Louisiana's insurance laws.

This section provides quick answers to common questions about finding the cheapest and best car insurance options in New Orleans.

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

New Orleans Driver Profile

To assess the best and most affordable auto insurance options for New Orleans 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 New Orleans

In assessing the car insurance quotes for New Orleans, 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 New Orleans
• 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

MoneyGeek gathered 50,284 quotes for the average driver across various ages, driving a Toyota Camry with a clean record, barring specific exceptions. Our study evaluated 14 insurance companies in New Orleans.

For further details on how these analyses were conducted, you can view MoneyGeek's methodology.