Compare the Cheapest Car Insurance Quotes in Shreveport, LA

Shreveport's average car insurance policy costs $1,791 yearly, which is $1,250 less than Louisiana's state average. MoneyGeek rated various insurers in Shreveport based on the coverage level and driver profile. Southern Farm Bureau is the cheapest insurer in this city, with average rates of $1,033 per year. MoneyGeek also recommends the best insurers in Shreveport for those focusing on both quality and affordability.

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The Cheapest and Best Car Insurance in Shreveport

The Cheapest Car Insurance Companies in Shreveport

The two most affordable companies for a full coverage car insurance policy in Shreveport are:

  • Southern Farm Bureau: $1,033 yearly
  • USAA: $1,173 yearly (only serving current and former military members)

MoneyGeek used a 40-year-old male driver’s profile to get quotes. The driver in this scenario possesses a full coverage policy, including liability insurance and comprehensive and collision coverage.

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Average Cost of Car Insurance in Shreveport

Shreveport$1,791
Louisiana$3,041
U.S.$1,424

On average, drivers in Shreveport pay $1,791 per year as the average car insurance premium. The average annual rate paid in Louisiana stands at $3,041, which exceeds Shreveport’s average by 41.1%. Drivers in the city pay more than the United States average annual rate by 25.8%. Car insurance quotes in Shreveport may fluctuate based on your age, location, credit score and various other factors.

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The Best Car Insurance Companies in Shreveport

MoneyGeek rated and ranked the insurance companies in Shreveport to help you find an affordable policy with quality service. Based on MoneyGeek’s scoring system, the following two companies are the best options:

  • GEICO: MoneyGeek score of 85 out of 100
  • State Farm: MoneyGeek score of 83 out of 100

USAA received the highest score in Shreveport by MoneyGeek's rating system. However, because USAA is only available to military members, veterans and their families, it is not listed as best overall.

To calculate the scores out of 100 points, MoneyGeek used data from J.D. Power’s affordability, user satisfaction and financial stability ratings, among other criteria.


1
USAA
Score:95

4/5

Affordability

5/5

Claims Ratings

4/5

User Satisfaction

A++

Financial Stability

2
GEICO
Score:85

3/5

Affordability

3/5

Claims Ratings

3/5

User Satisfaction

A++

Financial Stability

3
State Farm
Score:83

3/5

Affordability

3/5

Claims Ratings

4/5

User Satisfaction

A

Financial Stability

4
Travelers
Score:80

2/5

Affordability

3/5

Claims Ratings

2/5

User Satisfaction

A++

Financial Stability

5
MetLife
Score:80

3/5

Affordability

3/5

Claims Ratings

2/5

User Satisfaction

A+

Financial Stability

6
Safeco
Score:78

3/5

Affordability

2/5

Claims Ratings

3/5

User Satisfaction

A

Financial Stability

7
Progressive
Score:78

3/5

Affordability

2/5

Claims Ratings

2/5

User Satisfaction

A+

Financial Stability

8
Allstate
Score:75

2/5

Affordability

2/5

Claims Ratings

2/5

User Satisfaction

A+

Financial Stability

9
Liberty Mutual
Score:75

2/5

Affordability

3/5

Claims Ratings

2/5

User Satisfaction

A

Financial Stability

10
National General
Score:73

3/5

Affordability

2/5

Claims Ratings

2/5

User Satisfaction

A-

Financial Stability

Personalized Quotes to Get You the Cheapest Car Insurance in Shreveport

Car insurance providers within Shreveport figure out their annual premiums by rating individual factors such as driving history, marital status, ZIP code and age. Because your rates can change as these factors change, it’s important to check your rate frequently. To get the best car insurance in Shreveport, be sure to compare car insurance quotes from various providers.

Shopping around for car insurance in Shreveport could save you $758, which is enough to buy:


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253Cups of Coffee
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58Months of Your Favorite Streaming Service

Cheapest Car Insurance in Shreveport by Coverage Amount

In Shreveport and elsewhere, the amount of coverage you buy is one of the biggest factors affecting the insurance cost. A state minimum liability plan covering bodily injuries and property damage costs an annual average of $790 in Shreveport, while a full coverage policy with higher liability limits costs $1,791 on average. That is a difference of $1,001.

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.

Drivers in Shreveport enjoy different levels of coverage from different car insurance providers. Southern Farm Bureau offers the cheapest car insurance, with a state minimum liability cost of $475. For this plan and the 50/100/50 liability-only plan, which costs $202 more, you may need to purchase supplementary coverage in case of personal injury during an accident, as liability plans only cover bodily and property damage to the other driver if you are at fault.

Getting full coverage comprehensive auto insurance instead of liability car insurance may be more costly, but it covers property damage and injury to both you and the other driver. For instance, a 50/100/50 full coverage plan at Southern Farm Bureau costs $882 and a 100/300/100 plan costs $1,033, which is a difference of $151 per year.

Average Car Insurance Premiums: Liability-Only vs. Full Coverage

Liability Only
Full Coverage
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Cheapest Car Insurance in Shreveport if You Have Driving Violations

You can secure the best car insurance rates in Shreveport if you are a driver with no violations. Driving under the influence (DUI) charges, at-fault accidents and speeding tickets result in increased rates. If you do not have any violations, you pay an average of $1,033 with a Southern Farm Bureau policy. The same company charges $133 more to drivers with speeding tickets, $278 more to drivers in at-fault accidents and $323 more to drivers with DUI incidences.

  • Company
    Speeding Ticketper year
    At-Fault Accidentper year
    DUIper year
  • 1.
    Southern Farm Bureau
    $1,166
    $1,311
    $1,356
  • 2.
    USAA
    $1,466
    $1,711
    $1,719
  • 3.
    State Farm
    $1,698
    $1,817
    $1,698
  • 4.
    Allstate
    $2,011
    $2,584
    $2,282
  • 5.
    GEICO
    $1,914
    $2,171
    $3,601
  • 6.
    MetLife
    $2,375
    $2,735
    $4,101
  • 7.
    Progressive
    $3,103
    $4,087
    $3,470
  • 8.
    AAA
    $3,512
    $3,856
    $3,588

Average Cost of Car Insurance by Postal Code

Where you live determines the cost of your car insurance premium in Shreveport. The 71106 is the most expensive neighborhood in the city, with an average annual rate of $1,797. The difference between this neighborhood and ZIP code 71107 is only $12.

  • Zip Code
    State Minimumper year
  • 71107
    $1,785
  • 71106
    $1,797

Factors That Impact Insurance Costs in Shreveport

In addition to individual driver needs and history, location-specific factors like the rate of fatal accidents and the percentage of uninsured motorists also contribute to car insurance rates in Shreveport. How Shreveport ranks compared to the 300 most populous cities in the United States can have a significant impact on premium costs.

accident2 icon
Most Accidents With Fatalities9th/300
handcuffs2 icon
Most Car Thefts140th/300
uninsured icon
Most Uninsured Motorists by State20th/50
insurance2 icon
Personal Injury Protection RequiredNo
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Most Annual Rainfall40th/300
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Most Rainy Days158th/300

Methodology and Assumptions

MoneyGeek’s average premium rates for Shreveport 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 coverage type, location and driving record. Learn more about MoneyGeek’s data and methodology here.

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About the Author


expert-profile

Mark Fitzpatrick is a senior content manager with MoneyGeek specializing in insurance. Mark has years of experience analyzing the insurance market and creating original research and content. He graduated from Boston College with a Bachelor of Arts and Johns Hopkins University with a Master of Arts.