Cheapest Low-Income Car Insurance in Louisiana (2025 Rates)

Key Takeaways

Louisiana doesn't have a low-income car insurance program, but affordable plans that meet the state's minimum coverage requirements are available.

Louisiana Farm Bureau, GEICO, Progressive and State Farm offer the cheapest car insurance in Louisiana for most low-income drivers.

By comparing providers and exploring discounts, low-income drivers can save the most on car insurance.

Cheapest Car Insurance Companies for Low-Income Drivers in Louisiana

Louisiana Farm Bureau controls the majority of Louisiana's economical insurance segment, securing best rates for six categories: adults at $41, seniors at $54, speeding tickets at $48, DUIs at $58, accidents at $53, and bad credit at $74 monthly. GEICO provides the sole exception, offering young drivers the lowest premium at $60 per month in a state where youth coverage costs more than most other profiles. Our research shows Louisiana consistently ranks among America's most expensive insurance markets, with average minimum coverage costs substantially exceeding the $53 national baseline and rivaling notorious high-premium states.

Louisiana's high rates stem from frequent uninsured drivers, severe weather and challenging road conditions that increase claims. Louisiana Farm Bureau's strong market presence gives low-income drivers a reliable budget option.*


GEICO	Young Drivers	$60
Louisiana Farm Bureau	Adults	$41
Louisiana Farm Bureau	Seniors	$54
Louisiana Farm Bureau	Drivers With a Speeding Ticket	$48
Louisiana Farm Bureau	Drivers With a DUI	$58
Louisiana Farm Bureau	Drivers With an Accident	$53
Louisiana Farm Bureau	Bad Credit	$74

*All rates in this table, except for adults, are based on a modified profile of a 40-year-old driver with good credit and a clean record insuring a 2012 Toyota Camry. The age ranges are 22 to 29 for young drivers, 30 to 59 for adults and 60+ for seniors.

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Cheapest Car Insurance for Families With Low Income in Louisiana

Louisiana's family insurance market presents challenging affordability, with State Farm charging married couples with teens $146, GEICO offering childless married couples coverage at $45, and State Farm pricing single parents at $216 monthly. We found Louisiana consistently ranks among America's most expensive insurance markets, with family premiums dramatically exceeding the $83 national average for married couples with teens.

Families face severe premium spikes when adding teenage drivers, with costs more than tripling from GEICO's $45 for married adults to State Farm's $146 with teens included. Single parents encounter Louisiana's harshest pricing at $216 through State Farm, reflecting insurers' risk assessments in a state with high uninsured motorist rates, frequent severe weather, and elevated claim frequencies. Limited provider options reduce competitive pressure, leaving budget-conscious families with few alternatives beyond the handful of insurers willing to write policies in this challenging market.*

Data filtered by:


State Farm	$1,752	$146
GEICO	$1,867	$156
Progressive	$2,266	$189
Allstate	$2,531	$211

*Rates for couples and single parents with teens apply to a 16-year-old driver. Those for a married couple without children are based on a 40-year-old male with good credit and a clean driving record.

Tips to Save On Car Insurance for Low-Income Drivers in Louisiana

Here are some tips to lower auto insurance premiums in Louisiana:

1
Choose minimum coverage
The state’s minimum required coverage is usually the most affordable way to stay legal, but keep in mind it may fall short if you cause an accident.
2
Compare quotes
Check prices from several insurers to find a good rate. You can look at company websites, talk to agents or brokers or use comparison tools to get a clear sense of your options.
3
Look for discounts
Many companies offer savings for safe driving, good grades or military service. Some drivers can also cut their costs by completing a defensive driving course.
4
Increase your deductible
Raising the deductible on your collision or comprehensive coverage can lower your monthly premium. Just make sure the amount is something you can comfortably pay if you need to file a claim.
5
Consider pay-per-mile insurance
If you don’t drive often, a pay-per-mile policy might reduce your overall costs because you’re charged a small base rate plus a fee for each mile you drive.
6
Bundle your policies
Combining your auto coverage with a homeowners or renters policy can lead to noticeable savings. The discount varies by insurer and location.
7
Get a cheaper car
A vehicle’s make and age play a big role in how much you pay for coverage. Choosing a cheaper car to insure, such as an older and reliable model, can cut your yearly costs by a wide margin.

Minimum Car Insurance Requirements in Louisiana

Drivers in Louisiana must meet these minimum car insurance requirements:

$15,000 in bodily injury liability per person
$30,000 in bodily injury liability per accident
$25,000 in property damage liability per accident

If you're leasing or financing a vehicle, a split of 100/300/100 liability coverage along with comprehensive and collision protection is required.

WHY MINIMUM COVERAGE MAY NOT BE RIGHT FOR YOU

Minimum car insurance covers only the other driver's expenses if you're at fault in an accident. You'll still be responsible for your car's damage and legal fees. If you drive often and can afford it, consider higher coverage.

Cheap Low-Income Car Insurance in Louisiana: Bottom Line

Louisiana Farm Bureau is the cheapest insurance provider for most low-income drivers in the state, including high-risk drivers. To secure the best deal, explore various insurers through different channels.

Low-Income Auto Insurance in Louisiana: FAQ

Finding affordable car insurance for low-income drivers can be challenging. Here are answers to common questions on saving money.

What is the cheapest car insurance for low-income drivers in Louisiana?

Minimum coverage is typically the most affordable for low-income drivers but isn't applicable if the car is under finance or lease. Louisiana Farm Bureau offers the state's lowest auto insurance rates: $39 for minimum coverage and $86 for full coverage.

Does Louisiana have a state-supported low-income car insurance program?

Louisiana has no state-supported low-income car insurance program.

Does your income affect the cost of car insurance in Louisiana?

Income doesn't directly impact Louisiana's car insurance rates. Factors like driving history and vehicle type are more significant.

How We Chose the Cheapest Car Insurance for Low-Income Drivers

Study Overview

MoneyGeek analyzed car insurance rates in Louisiana using data from the Louisiana Department of Insurance and Quadrant Information Services.

Data Acquisition, Depth and Analysis

MoneyGeek reviewed 328,384 quotes from 14 companies across 370 ZIP codes to determine the average cost of car insurance for low-income drivers in Louisiana.

Sample Driver Profile

We used a sample driver profile with these details to find average car insurance rates for low-income drivers in Louisiana:

40-year-old male
2012 Toyota Camry LE
Clean driving record
12,000 miles driven each year

We adjusted factors like age, family status, driving history and credit standing to find rates for specific driver profiles.

Our study defines seniors as 60 or older, young drivers as 22 to 29, and adults as 30 to 59. Married couples with a child include 40-year-old male and female drivers with a 16-year-old teen. Single parents with children are 40-year-old male or female drivers with a 16-year-old teen.

Coverage Levels and Deductibles

Our data shows rates for minimum coverage, which follows the rules set by Louisiana law, and offers affordable options for low-income drivers.

About Mark Fitzpatrick

Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.

Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!

He writes about economics and insurance, breaking down complex topics so people know what they're buying.

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