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.
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.
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.
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.
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.
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.
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.
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?

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.
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?

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.
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?

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.
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
