Best Cheap Car Insurance Companies for High-Risk Drivers in Louisiana


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ByMark Fitzpatrick
Edited byKathryn Schroeder
ByMark Fitzpatrick
Edited byKathryn Schroeder

Updated: May 20, 2024

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Louisiana drivers with serious violations like a DUI will typically pay more for car insurance compared to drivers with a clean record. That is because driving record is a factor in car insurance premium calculations, with high-risk drivers attracting higher rates. Comparing rates from different auto insurers is the best way to get the cheapest car insurance with a bad driving record.

In Louisiana, State Farm has the best high-risk auto insurance and the cheapest at an average cost of $2,346 per year.

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Best Companies for High-Risk Drivers in 2023

Auto insurers will charge a higher premium for car insurance for high-risk drivers since they are considered more likely to get into accidents and file claims. Having violations like a DUI, multiple speeding tickets or at-fault accidents on your record are some of the reasons you may be classified as a high-risk driver.

High-risk auto insurance in Louisiana costs around 28% more than the average rate for drivers with a clean record.

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WHAT EXACTLY IS A HIGH-RISK DRIVER?

Insurance companies take on more risk when they insure drivers that are more likely to file claims. These drivers are considered high-risk due to factors like having a bad driving record, being inexperienced or having a poor credit score. In some cases, you may even be classified as high-risk because of the type of vehicle you drive.

Auto insurers in Louisiana may classify you as a high-risk driver if you fit into any of the following driver profiles:

  • Drivers with a history of traffic violations or at-fault accidents
  • Drivers with a DUI conviction
  • Drivers caught driving with a suspended or revoked license
  • Young drivers with a lack of driving experience
  • Drivers who drive sports cars or participate in drag racing
  • Drivers with bad credit or lapses in insurance coverage

Cheapest Car Insurance in Louisiana for High-Risk Drivers

State Farm has the cheapest high-risk auto insurance policy in Louisiana at an average cost of $2,346 per year. To learn more about State Farm and why it may be the best high-risk car insurance company in Louisiana for you, read MoneyGeek’s review.

State FarmAnnual Premium$2,346
AllstateAnnual Premium$3,144
GEICOAnnual Premium$3,667
ProgressiveAnnual Premium$4,877
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SR-22 INSURANCE

In Louisiana, you may need SR-22 insurance if you are convicted of a serious offense like a DUI or reckless driving. Driving without insurance can also result in the need for SR-22 insurance in Louisiana. The SR-22 form your insurer files for you proves that you have car insurance that meets the state’s minimum requirements.

Best Car Insurance in Louisiana for High-Risk Drivers

The best insurance for high-risk drivers in Louisiana is offered by State Farm at an average cost of $2,346 per year. State Farm received a MoneyGeek score of 93 out of 100, with excellent ratings for affordability and customer satisfaction.

The runner-up for the best car insurance for high-risk drivers in Louisiana is Allstate, scoring 72 out of 100. It charges an average of $3,144 per year.


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State FarmBest for High-Risk Drivers
Score:96

5/5

Affordability Rating

5/5

Satisfaction Rating

4.5/5

Claims Rating

5/5

Financial Stability Rating

Geek Quick Take
Geek Quick Take

State Farm’s high-risk auto insurance in Louisiana costs an average of $2,346 per year, roughly 9% more than the average cost of car insurance for drivers with clean records.

More About State Farm

State Farm offers affordable rates for high-risk drivers and ranks highly for customer satisfaction.

The company does not have unique add-on coverages available, but rideshare drivers can opt for rideshare insurance on their policy.

State Farm does offer various discounts that can help high-risk drivers save money, including new vehicle and anti-theft system. Student drivers can take advantage of good student and distant student discounts to get a better rate.

2
Allstate
Score:49

0.8/5

Affordability Rating

4.5/5

Satisfaction Rating

5/5

Claims Rating

4.5/5

Financial Stability Rating

Geek Quick Take
Geek Quick Take

Allstate offers car insurance for high-risk drivers in Louisiana at an average cost of $3,144 per year. That rate is around 24% more expensive compared to what drivers with a clean record pay.

More About Allstate

Allstate offers drivers unique add-on coverage options, including custom parts and sound system coverage. Allstate also offers other add-on coverages, including gap insurance, accident forgiveness and deductible modification.

Policyholders can get various discounts to make their car insurance more affordable, including new vehicle and anti-theft system.

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MONEYGEEK EXPERT TIP

If you are a low-income driver in Louisiana, paying for quality car insurance can be difficult. There is no program offered by the state to help low-income drivers in Louisiana cover car insurance premiums. However, you can find affordable options by comparing low-income car insurance for families and individuals in Louisiana.

Cheapest Car Insurance in Louisiana for Drivers With a DUI

If you are looking for cheap car insurance with a DUI in Louisiana, State Farm is the most affordable at an average cost of $2,296 per year. You can learn more about State Farm’s car insurance in our in-depth review.

USAA may also be an affordable option for car insurance with a DUI for Louisiana drivers with a military background.

State FarmAnnual Premium$2,296
AllstateAnnual Premium$3,134
ProgressiveAnnual Premium$4,770
GEICOAnnual Premium$5,180
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LOOK-BACK PERIODS

In Louisiana, a drunk driving offense or DUI remains on your driving record for 10 years. That 10-year period is referred to as the look-back period. States typically implement long look-back periods to make it easy to identify repeat offenders and impose harsher penalties.

Cheapest Car Insurance in Louisiana for Teenage Drivers

If you are a teen driver in Louisiana, Allstate offers the cheapest car insurance at an average cost of $8,812 per year. Rates can vary depending on your age, with younger teens aged 16 paying higher rates compared to 19-year-olds.

MoneyGeek’s Allstate car insurance review highlights the features and benefits of this high-risk auto insurance provider.

AllstateAnnual Premium$8,812
State FarmAnnual Premium$8,852
GEICOAnnual Premium$13,607
ProgressiveAnnual Premium$24,386
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MONEYGEEK EXPERT TIP

Although car insurance is expensive for teen drivers, MoneyGeek recommends purchasing full coverage over minimum coverage. That is because teen drivers are at a higher risk for accidents and need comprehensive coverage to protect them. If you want to find the cheapest car insurance for teens, it is best to shop around and compare quotes from different providers.

Cheapest Car Insurance in Louisiana for Drivers With Bad Credit

GEICO is the cheapest car insurance company for Louisiana drivers with poor credit at an average cost of $4,195 per year. Drivers with poor credit are considered high-risk because they may not pay on time or file a claim more often, making their rate around 42% higher than drivers with good credit.

To learn more about GEICO auto insurance, read our in-depth review.

GEICOAnnual Premium4,195Percent Change42%
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MONEYGEEK EXPERT TIP

Auto insurance quotes for bad credit in Louisiana can be high since drivers with poor credit are considered risky to insure. However, you can still find cheap car insurance with bad credit by comparing quotes from different auto insurance providers.

How Much Does Car Insurance Cost for High-Risk Drivers in Louisiana?

The average cost of car insurance for high-risk drivers in Louisiana is 28% more than for drivers with a clean or low-risk record.

High-risk drivers pay an average of $3,509 per year, while clean record drivers pay around $2,443 annually. That means when you have a high-risk driver classification in Louisiana, you could pay over $1,000 more a year for car insurance.

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If you want to find out how much you may pay for car insurance, use MoneyGeek’s Louisiana car insurance calculator to get a personalized quote. The calculator uses your age, driving record, coverage needs and more factors to estimate the cost of auto insurance with multiple companies. You can also see what is affecting your costs the most.

Car Insurance Calculator

MoneyGeeks's car insurance calculator will give you a customized estimate of your auto insurance cost. It's free to use, requires no personal information and we won't send you any spam.

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Rates updated:

Jun 13, 2024

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Can You Still Get Car Insurance in Louisiana if Insurers Refuse to Insure You?

If you are a high-risk driver in Louisiana, insurance companies can refuse to cover you. That is because auto insurers are private companies with the right to decline coverage if they find a driver too high risk. However, even if you are declined, you can still get coverage through the Automobile Insurance Plan Service Office (AIPSO).

AIPSO helps rejected high-risk drivers find car insurance coverage by providing services in the car insurance residual market.

Louisiana Automobile Insurance Plan

The Louisiana Automobile Insurance Plan was created in 1972. This plan offers car insurance coverage to high-risk drivers who may not be able to find car insurance through the voluntary or private market. Plans can be purchased from any insurance agent that is licensed to transact or sell car insurance in Louisiana.

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    Office Hours

    Monday–Friday, 8:30 a.m.–4:30 p.m. EST

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    Email

    laip@aipso.com

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    Phone

    (866) 989-9902

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    Fax

    (401) 528-1361

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    Mailing Address

    Louisiana Automobile Insurance Plan, 302 Central Ave., Johnston, RI 02919

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Frequently Asked Questions

If you want to learn more about high-risk auto insurance in Louisiana, MoneyGeek has the answers to frequently asked questions below.

Which car insurance company is best for high-risk drivers in Louisiana?
How much does car insurance in Louisiana cost for high-risk drivers?
Who do insurers classify as a high-risk driver?
Where do I get car insurance coverage in Louisiana if insurers reject my application?

Methodology

MoneyGeek calculated average rates using full coverage car insurance policies with 100/300/100 liability insurance and comprehensive and collision coverage with a $1,000 deductible. Minimum coverage car insurance policy rates were calculated based on each state’s minimum car insurance requirement.

To calculate rates for high-risk drivers, MoneyGeek averaged the premiums insurance companies charge for three of the most common driving violations: speeding, at-fault accident and DUI.

To determine the best car insurance company for high-risk drivers, MoneyGeek scored companies based on affordability, customer satisfaction and complaints — obtained from J.D. Power surveys and NAIC complaint scores — and financial strength ratings as calculated by AM Best. Affordability received the greatest weighting in our calculations.

About Mark Fitzpatrick


Mark Fitzpatrick headshot

Mark Fitzpatrick has analyzed the property and casualty insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. Currently, he leads P&C insurance content production at MoneyGeek. Fitzpatrick has been quoted in several insurance-related publications, including CNBC, NBC News and Mashable.

Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.


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