The Cheapest Car Insurance in Louisiana for 2022

Your car insurance rates depend on several factors, including your credit score, driving record, age and credit score.

While Southern Farm Bureau has the cheapest average liability only and full coverage car insurance, it’s rates are higher than State Farm when it comes to young drivers.

USAA also provides the lowest car insurance rates, but it is only available to military members and their families.

cheapestauto insuranceLouisiana2022

The Cheapest Car Insurance in Louisiana

Cheapest for minimum liability - Southern Farm Bureau

Cheapest for full coverage - Southern Farm Bureau

Cheapest for drivers with a DUI - Southern Farm Bureau

Cheapest for drivers with a ticket - Southern Farm Bureau

Cheapest for drivers with bad credit - Southern Farm Bureau

Cheapest for senior drivers - Southern Farm Bureau

Cheapest for student drivers - State Farm

When looking for the best car insurance in Louisiana, it’s important to take stock of what you want in a policy. If low prices are your highest priority, the cheapest car insurance in Louisiana is a minimum coverage liability policy. Liability car insurance meets the state’s minimum car insurance requirements.

The cheapest car insurance companies in Louisiana for minimum coverage are:

• Southern Farm Bureau: $772 per year
• GEICO: $1,046 per year

USAA is the most affordable option for military members and their families at an average cost of $740 per year. The most expensive car insurance for minimum coverage is MetLife, with average costs of $2,519 per year.

Cheapest Minimum Car Insurance in Louisiana

These prices are only estimates based on rates for an average Louisiana driver and should not be used to compare insurance prices.

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A full coverage policy with higher liability limits and comprehensive and collision insurance can financially protect you in the event of most on- and off-road accidents in Louisiana. While a full coverage plan costs more than minimum coverage, it also safeguards you against the cost of damages to your car, as well as the other driver’s, if you get into an accident. To find the cheapest rates, be sure to compare car insurance quotes from several carriers.

The most affordable car insurance companies in Louisiana for full coverage are:

• Southern Farm Bureau: $1,612 per year
• GEICO: $2,437 per year

USAA is the cheapest option for military members and their families at $1,580 on average per year. The costliest car insurance for full coverage is AAA, costing $4,477 per year on average.

Cheapest Full Coverage Car Insurance in Louisiana

Your car insurance premiums will likely be different from these examples. Costs are for a policy with comprehensive and collision insurance and $100,000 in bodily injury liability coverage per person, $300,000 in bodily injury liability coverage per accident and $100,000 in property damage coverage per accident.

You can get a reasonably accurate car insurance quote on the websites of most companies. If you get a quote with one provider for $100,000 in bodily injury liability insurance, make sure to use the same number when comparing quotes from another insurer.

Drivers can use the MoneyGeek calculator to determine the cost of car insurance in Louisiana for an average driver. To get personalized quotes, however, they may need to provide more personal information. In Louisiana, the three cheapest car insurance companies are USAA, Southern Farm Bureau and GEICO. If affordability is important to you, we recommend you start your search by getting quotes from these carriers.

Auto Insurance Calculator

State

Louisiana

Age

40

Driving Record

Clean

Credit Score

Excellent

Vehicle Type

Compact

Vehicle Year

2020

Liability Coverage

State Min

Comprehensive and Collision Insurance

None

Gender

Female

Add Student Driver

Click the section of the wheel in your price range to see options.

low end

on average

high end

Click your preferred price range to see company options.

Click an insurer below to visit their review page or continue to your personalized quote.

Company

Average Annual Rates

1.

USAA

$720

2.

Southern Farm Bureau

$754

3.

State Farm

$1042

Drivers in Louisiana with a severe driving offense in their history, such as driving under the influence (DUI), pay higher rates because they’re considered riskier to cover by insurers. Louisiana drivers with a DUI on their record need to pay $4,953 per year on average for their car insurance compared to $3,041 for those with a clean record.

The cheapest car insurance companies in Louisiana for a driver with a DUI and full coverage are:

• Southern Farm Bureau: $2,110 per year
• State Farm: $2,612 per year

USAA, available exclusively to military members and families, is the most affordable option at an average cost of $2,357 per year. MetLife is the most expensive car insurance in Louisiana for drivers with a DUI at $8,725 on average per year.

Average Car Insurance Rates With a DUI

A DUI on your driving record can affect your chances of getting cheap car insurance in Louisiana for at least ten years. This is just one of the many costs of a DUI.

In Louisiana, you will pay more for car insurance if you have an at-fault accident on your driving record. Drivers with at-fault accidents in the state pay an average of $4,195 annually for car insurance coverage.

According to MoneyGeek, the lowest car insurance rates in Louisiana if you have an at-fault accident are:

• Southern Farm Bureau: $2,042 per year
• State Farm: $2,782 per year

For eligible drivers, USAA is also one of the cheapest carriers, with an average cost of $2,347 per year.

Cheapest Car Insurance With an At-Fault Accident

Louisiana drivers with even minor driving violations in their history, such as tickets, will generally need to pay higher rates than those with a clean record. A driver with a speeding ticket in Louisiana is charged $3,825 per year on average for car insurance compared to $3,041 for clean drivers.

The cheapest car insurance companies in Louisiana for a driver with a speeding ticket and full coverage are:

• Southern Farm Bureau: $1,817 per year
• State Farm: $2,612 per year

For military members and their families, USAA offers an affordable option at $1,993 on average per year. AAA is the most expensive option for drivers with tickets in Louisiana at an average of $5,969 per year.

Average Car Insurance Rates With a Ticket

There were 192 fatal car crashes caused by distracted driving between 2011 and 2015, recorded by the Louisiana Highway Safety Commission. Distracted driving is much more than using or talking on your cell phone. It also includes eating, drinking, playing with the radio and talking to passengers. Anything that takes your eyes or attention off the road is considered a distraction. Avoid distracted driving to keep your auto insurance as affordable as possible.

Louisiana drivers with low credit scores are charged higher rates than those with higher credit scores. The average annual cost of car insurance for drivers in Louisiana with poor credit scores is $5,829 compared to $3,041 for the average driver with good credit.

The cheapest car insurance companies in Louisiana for a driver with poor credit and full coverage are:

• Southern Farm Bureau: $2,870 per year
• GEICO: $3,672 per year

USAA is the most affordable option for military members and their families at an average cost of $2,592 per year. The most expensive option for drivers with bad credit in the state is AAA, at $11,960 on average annually.

Average Car Insurance Rates for Drivers With Bad Credit

According to Experian, the national average credit score was 703 in 2019, and the average score in Louisiana was 677. Improving your credit score can help you pay lower rates on your car insurance.

Senior drivers in Louisiana tend to be charged slightly more than young and middle-aged drivers. The average cost of car insurance for senior drivers in Louisiana is $3,170 per year, compared to $3,041 for the average driver.

The cheapest car insurance policies for seniors with full coverage are offered by:

• Southern Farm Bureau: $1,913 per year
• GEICO: $2,360 per year

For military members and their families, USAA is the cheapest option at $1,740 on average per year. The most expensive car insurance for senior drivers in Louisiana is AAA at $4,795 annually.

Average Car Insurance Rates for Seniors

10.1% of drivers involved in fatal Louisiana accidents in 2017 were age 65 or older. Senior drivers in Louisiana will have to renew their driver’s license in person and submit to an eye exam. In some circumstances, they may need to take a written test once they turn 70. Seniors may also find that they no longer qualify for the cheapest auto insurance rates as they age. As you can see in the above table, the approximate rates vary depending on the company when getting car insurance quotes for seniors in Louisiana.

Older drivers may find that their reflexes are slower, their vision is worsened and reaction times are reduced as they age. All of these factors are reasons why seniors don’t always get the most affordable auto insurance premiums in Louisiana. Seniors should practice safe driving to get cheap car insurance.

Younger drivers pay more for car insurance because they are relatively inexperienced. In Louisiana, 16-year-old drivers pay an average of $7,722 per year. Meanwhile, a 25-year-old driver pays $3,312 annually.

The cheapest car insurance company in Louisiana for drivers aged 16 to 25 is State Farm. MoneyGeek discovered that the company provides the lowest rates on average for six out of 10 ages within the 16-25 range.

Annual Car Insurance In Louisiana for Young Drivers

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• Age
  Average Cost
  Cheapest Company
  Company Cost
• 16
  $7,722
  State Farm
  $6,680
• 17
  $6,040
  Allstate
  $5,751
• 18
  $6,131
  State Farm
  $5,117
• 19
  $5,539
  Allstate
  $4,463
• 20
  $5,710
  State Farm
  $4,256
• 21
  $3,904
  Allstate
  $3,462
• 22
  $3,604
  Allstate
  $3,386
• 23
  $3,765
  State Farm
  $3,133
• 24
  $3,556
  State Farm
  $2,897
• 25
  $3,312
  State Farm
  $2,696

Show more

While rates can be high for young drivers, there may be auto insurance discounts available. These discounts may be given to students who earn a B average or higher, complete a safe driver course, drive a safer vehicle model or go to college at least 100 miles away from home. The table above looks at rates of cheap car insurance for young drivers in Louisiana.

Louisiana has around 13,000 active-duty military personnel and approximately 267,938 veterans. If you are a veteran or an active duty member of the military, be sure to shop around to get the best rate on your car insurance. Companies like USAA or AFI specialize in military and veteran families. However, many other insurance companies offer discounts as well.

If you are a permanent resident of Louisiana on active duty outside the state, you can renew your license (except a commercial license) by mail. If you don't, it will still be valid for 60 days after you return home from deployment.

If you lose your license while stationed outside the state, you can apply for a duplicate license by mail by following a few license replacement steps. Your best bet is to have your license flagged as "military" in the Louisiana DMV computer system as soon as you enter the Armed Forces. If you are a resident of another state temporarily stationed in Louisiana, you can keep your license from your home state.

Average Rates for Louisiana service members

25 years$1,945
50 years$1,489

25 years$1,846
50 years$1,518

All vehicles registered in Louisiana must carry liability insurance or another form of evidence of financial responsibility (either a surety bond, real estate bond or $30,000 deposited with the state treasurer).

If you cancel your insurance, you have to turn in your license plate to the Office of Motor Vehicles. If you don't plan to drive your vehicle on any Louisiana roads, but you still want to keep it registered, submit a Vehicle Statement of Non-Use before you cancel the liability insurance.

Proof of Insurance in Louisiana

You must show proof of insurance when you register your vehicle or when pulled over by the police. You can show either a copy of the policy, the insurance card or a letter signed by the insurance agent on the company letterhead describing the vehicle and including the vehicle identification number.

Minimum Liability Insurance Requirements in Louisiana

Louisiana requires that you show proof of liability insurance when you register your vehicle. Currently, the minimum insurance requirements are:

• $15,000 for bodily injury to one person
• $30,000 for bodily injury per accident
• $25,000 for property damage

How Much Coverage Do You Need in Louisiana?

To protect your assets, insurance experts regularly recommend you purchase more than the minimum insurance required by law. However, in Louisiana, the high cost of insurance premiums can make paying for automobile insurance difficult.

When deciding how much insurance you can afford, be sure to shop around and ask about discounts. Depending on the company and your situation, you could get a discount based on your driving record, insuring multiple vehicles, limited driving distances or installing anti-theft devices, just to name a few.

Cheapest Car Insurance in Louisiana by City

In Louisiana, where you stay has a significant influence on your cost of car insurance. For instance, an average driver in Shreveport pays about $1,791 per year, while drivers with the same profile in Baton Rouge pay $2,361 per year.

Click on your city name to get more details about the average costs within your area.

Average Insurance Rate by City in Louisiana

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• City
  Annually
  Monthly
• 1.
  Baton Rouge
  $2,361
  $197
• 2.
  Lafayette
  $2,229
  $186
• 3.
  New Orleans
  $3,380
  $282
• 4.
  Shreveport
  $1,791
  $149

MoneyGeek helps consumers in Louisiana make informed buying decisions by answering their common questions about car insurance prices and top-notch providers.

Expert Advice on Finding Cheap Car Insurance in Louisiana

To help you find credible and accurate information on car insurance in Louisiana, MoneyGeek gathered expert advice from trusted professionals. The perspectives and opinions expressed are those of the individual contributor.

1. What steps can drivers in Louisiana take to find affordable car insurance?

Mark Ratchford

Professor of Practice - Freeman School of Business at Tulane University

READ ANSWERS

About the Author

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Mandy Sleight is a professional freelance writer and licensed insurance agent. She has her property, casualty, life, and health licenses and has been working in the industry since 2005. Mandy has worked for well-known insurance companies like State Farm and Nationwide Insurance, and most recently as the Operations Coordinator for a start-up employee benefits company.

Mandy earned her Bachelor of Science degree in Business Administration and Management from the University of Baltimore and her Master in Business Administration from Southern New Hampshire University. She uses her vast knowledge of the insurance industry and personal finance combined with her writing background to create easy-to-understand and engaging content to help readers make smarter choices with their budget and finances.

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