Cheapest SR-22 InsuranceLouisianaCheapest SR-22 Car Insurance in Louisiana (2023)
Compare Rates
Ensure you're getting the best rate. Review quotes from a top insurance company.
State Farm provides the most affordable minimum and full coverage SR-22 insurance policies in Louisiana. It also offers the cheapest plans for drivers who do not own a vehicle.
If you commit a serious traffic offense like a DUI in Louisiana, you may be required to file an SR-22 form. Most traffic violations requiring an SR-22 will significantly increase your insurance rates. But bear in mind that your insurance rates are primarily influenced by your driving violation and not the SR-22 itself. Many affordable SR-22 car insurance policies are available for both car owners and non-car owners.
Cheapest SR-22 InsuranceLouisianaCheapest Companies for SR-22 Car Insurance in Louisiana
Cheapest Companies for SR-22 Car Insurance in Louisiana
The cheapest SR-22 auto insurance providers in Louisiana for drivers with a DUI record are:
- State Farm: $580 per year
- Louisiana Farm Bureau: $687 per year
The same insurers also provide the most affordable SR-22 plans with full coverage in Louisiana:
- State Farm: $1,391 per year
- Louisiana Farm Bureau: $1,448 per year
Following a driving offense, insurance premiums may increase due to the heightened risk that the policyholder presents to the insurer. The following are some affordable choices for SR-22 car insurance in Louisiana, with yearly premiums ranging from roughly $580 to $1,576.
Compare Insurance Rates
Ensure you are getting the best rate for your insurance. Compare quotes from the top insurance companies.
What Is SR-22 in Louisiana?
You may be required to submit an SR-22 as evidence of financial responsibility if you violate certain traffic regulations. Many scenarios in which you'll need an SR-22 are common nationwide, even if particular laws vary by state. The following are some typical instances that may require an SR-22 filing:
- DUI, DWI or other significant traffic offense
- Multiple traffic violations in a brief period of time
- Driving without insurance
- Having a collision record without sufficient insurance coverage
- Renewal of license that has been suspended or revoked
Your SR-22 must be kept on file for at least three years in Louisiana. Nevertheless, the time frame could be extended based on the offense and the number of convictions you have.
Per state law, your insurance provider is responsible for filing the SR-22 form on your behalf and submitting it to Louisiana's DMV. MoneyGeek offers comprehensive information and deeper insights on SR-22 auto insurance.
MONEYGEEK EXPERT TIP
Once you have fulfilled your financial responsibility obligation in Louisiana, your insurance provider will send a Financial Responsibility Cancellation Form on your behalf, indicating that you are no longer required to maintain an SR-22 or other proof of financial responsibility.
Cheapest Companies for Non-Owner SR-22 Car Insurance in Louisiana
The following are the most affordable SR-22 non-owner auto insurance providers in Louisiana:
- State Farm: $944 per year
- GEICO: $1,146 per year
In Louisiana, drivers with military affiliations can find affordable car insurance coverage with USAA, which offers an average yearly premium of $847.
A non-owner driver might need to submit an SR-22 if their license was suspended or revoked following severe traffic violations, such as DUI. Obtaining non-owner auto insurance and meeting other requirements set by the authorities are important steps to reinstating your license and maintaining legal driving status.
After reviewing the options, we found that the cost of SR-22 car insurance for non-owners can range from $944 to $2,061 per year, as shown in the table below.
WHAT IS NON-OWNER CAR INSURANCE?
Non-owner car insurance covers property damage and injuries to third parties. This policy type is ideal for those who do not own a car, like professional drivers, rideshare drivers and renters. Non-owner auto insurance does not cover vehicle damage or bodily injury to you or your passengers.
Non-owner auto insurance is often more affordable than standard car insurance. MoneyGeek researched the non-owner auto insurance options in Louisiana to help you find the best deals.
Average Cost of SR-22 Car Insurance in Louisiana
The average cost of SR-22 insurance for a driver with a DUI in Louisiana is $1,036 for minimum coverage and $2,755 for full coverage. It is important to note that even minor infractions, such as speeding and at-fault accidents, may also necessitate the submission of this document. This could classify you as a high-risk driver and potentially increase your car insurance premiums.
MONEYGEEK EXPERT TIP
Louisiana residents with an SR-22 policy should compare rates yearly or at each renewal to ensure they are getting the best and cheapest coverage available. Continuously exploring your insurance options is essential for maintaining financial responsibility.
How SR-22 Affects Car Insurance Rates in Louisiana
Louisiana drivers who need to file an SR-22 can expect an average increase in their insurance costs by $361 per year. Your coverage level, driving history and the severity of the violation may all impact your rates.
A requirement to submit an SR-22 may result from driving without adequate insurance, failing to pay court-ordered child support, receiving a hardship license, a DWI/DUI conviction or a history of several traffic infractions.
Car Insurance Rate Comparison Based on Driving Records in Louisiana
Clean Driving Record
Annual Premium for Minimum Coverage
$675
After a DUI
Annual Premium for Minimum Coverage
$1,036Car insurance premiums after a DUI are on average:$361 more
This is 53% more expensive.
Other Effects of SR-22 on Car Insurance in Louisiana
Filing an SR-22 in Louisiana after a significant traffic violation may result in repercussions beyond increased insurance rates. Filing the SR-22 document can lead to various outcomes, including:
1
Limited number of insurance options
Most providers will consider you a high-risk driver once you file an SR-22. This could result in fewer options and higher premiums when seeking coverage. Some companies will be less willing to cover you than if you had a clean driving record.
2
Possible policy cancellation
Your current insurance company may cancel your policy if you have to file an SR-22 because of a traffic violation.
3
Length of required filing
Typically, Louisiana state law requires drivers with traffic violations on their driving record to hold an SR-22 for three years. The period can extend up to five years, depending on the severity of the offense.
4
Higher liability coverage limits
Some states may require you to maintain higher liability limits after filing an SR-22. In Louisiana, there is no mandate to carry higher limits when filing this form; however, the following liability coverage limits are still necessary by state law:
- $15,000 in bodily injury per person
- $30,000 in bodily injury per accident
- $25,000 for property damage per accident
5
Filing fees
In certain states, a filing fee may be required for an SR-22 form, with costs ranging from $15 to $50 as a one-time fee.
Compare Insurance Rates
Ensure you are getting the best rate for your insurance. Compare quotes from the top insurance companies.
How to Get SR-22 Insurance in Louisiana
To purchase auto insurance in Louisiana after a traffic infraction, you typically need to take the following steps:
- Look for an insurance company that will cover drivers with tickets and other driving violations.
- Get an insurance policy that meets the state's minimum liability requirements.
- Request that your insurance provider complete an SR-22 form on your behalf as evidence of your financial responsibility.
- Pay all fees on time and adhere to the mandatory duration for maintaining the SR-22 form.
By following these steps, you can demonstrate to the relevant authorities that you are taking responsibility for your driving record and maintaining adequate insurance coverage.
LOUISIANA LICENSE REINSTATEMENT FEE
The license reinstatement fee following an SR-22 filing in Louisiana depends on several factors. The fee usually ranges from $75 to $150. You should check with your state's DMV to confirm the current fees, as they may be subject to change.
How to Get Cheaper Car Insurance in Louisiana After a DUI
Buying SR-22 car insurance following a DUI conviction may be expensive due to the increased risk you present to insurers. You can reduce your insurance costs by comparison shopping and fulfilling certain conditions, such as attending an alcohol awareness program or DUI training. No matter how much it costs, each driver needs auto insurance to protect themselves and others.
Compare quotes immediately
It's always smart to explore different options for car insurance if you have a DUI conviction. The premiums offered by different providers may vary due to their unique formalities. If you get quotes from multiple companies, you'll be better equipped to select the one that offers the best value for your money.
Complete DUI classes or programs
In some states, it is required for drivers who have been convicted of a DUI to attend DUI classes or programs before they can have their driver's license reinstated. This can help you get ready to drive safely and demonstrate your commitment to not drinking and driving. A DUI program's completion may also lower your insurance costs.
Look for discounts
Many car insurance providers offer discounts to policyholders who meet certain eligibility criteria. One example of ways to potentially receive discounts on car insurance includes completing a defensive driving training course, installing a tracking device in your vehicle or maintaining a clean driving record. It's best to contact your insurer to inquire about possible discounts.
Practice safe driving
One of the easiest ways to get better insurance rates after a DUI is to demonstrate safe driving behavior. Follow traffic laws, travel less frequently or over short distances and abstain from any further driving infractions like speeding. Safe driving behaviors can show insurers that you are a responsible driver, eventually resulting in cheaper insurance rates.
Shop rates over time
Even after you've decided on a policy, it's wise to keep shopping around for better car insurance rates. If you improve as a driver and maintain a spotless record, your insurance company may lower your premiums as a reward.
MONEYGEEK EXPERT TIP
Non-standard auto insurance is designed for high-risk drivers who have a history of accidents, DUI convictions or pose additional risks. People who can't get insurance anywhere else might benefit from non-standard car insurance, even though its rates are usually higher than those of standard policies.
Frequently Asked Questions About SR-22 Insurance in Louisiana
MoneyGeek addressed a few commonly asked questions about SR-22 insurance for drivers in Louisiana.
About Mark Fitzpatrick
