On average, car insurance rates for drivers in Louisiana are $333 per month, and $3998 per year. The average rates make Louisiana the 5th most expensive state in the country for car insurance rates and 33% more expensive than the national average.
Keep in mind that average auto insurance costs are determined by factors other than location. Based on your driving history, credit score, age and marital status you should be able to find insurance quotes and discounts so that your monthly payment is less than the averages cited here. Click the button below to get personalized insurance quotes from top providers like Progressive, Allstate and Nationwide.
Insurify's comparison tool will help you make sure you're getting the best possible quote based on your needs and location. You can have peace of mind you're not paying any more than the average price in your state, and customers save $48 per month on average.
Insurify analyzed car insurance rates in the twenty most populous cities in Louisiana and has selected the following providers and quotes as the best rates for drivers in Louisiana.
Teenagers pay a stratospheric average monthly car insurance premium of $747 in Louisiana. Twentysomethings see a near $350 cut in average monthly car insurance payments as they add to their experience behind the wheel.
Louisianans in their 30s, 40s, and 50s finally slide below the state average. But it's not until you're an octogenarian that you get a rate that's considered reasonable in many other states. Those in their 80s shell out on average less than one-third of what their teenage grandchildren and great-grandchildren pay.
Men pay five percent more than women in the Pelican State. But the difference isn’t too large; car insurance rates average out at over $320 for both genders.
Are you headed to the chapel soon? Prepare to potentially save over $500 a year once you say "I do." Married couples tend to pay less for car insurance than singles do.
Singles should listen to the insurance experts. With Louisiana’s high average monthly car insurance rates, we can guess that a cost-benefit analysis might spark more than a marriage or two.
Louisiana requires you to buy insurance to cover injuries and property damage caused to others. The law says you must carry $15,000 in bodily injury liability per person and $30,000 per accident, and $25,000 in property damage liability per accident. To protect your car itself, add comprehensive and collision coverage.
The Pelican State, like most others, allows insurance companies to use credit as a rating factor.
In Louisiana, those with average credit pay less than those with poor and good credit. Why? Sometimes buying patterns will affect average rates, such as when those with better credit scores choose to purchase more expensive cars. Either way, the best savings are available for those with excellent credit––a score of 800 or above.
"Safety first" is not just a mantra that saves lives. It also saves money. Common sense tells us that the safest drivers will pay the least, and safe drivers qualify for "good driver" and "accident-free" discounts. But what if your record is less than perfect?
Drivers with a speeding ticket in Louisiana will pay $32 more per month on average—plus fines. Drivers with an at-fault accident on their insurance record should expect to see monthly rates increase by around $79. Accidents happen, but driving safely and keeping a clean record are the best ways to avoid rate hikes. Remember, violations and accidents will stay on your insurance history for years to come. Still, you can still take a defensive driver course to reduce your monthly payment.
Prices and premiums in the Pelican State change based on your location, company, and car. Louisiana's population is going down slightly, meaning fewer drivers on the road. Will insurance rates also trend down? Louisianans pray that's the case.
If you're hoping for the best price, you can try Insurify's comparison tool. You'll generate 10+ real quotes and unlock savings and discounts. In less than two minutes, you can find the coverage you deserve at a price you can afford.
The car insurance quotes displayed are based on an analysis of Insurify’s database of over 40 million quotes from 500 ZIP codes nationwide. To obtain representative rates, Insurify’s data science team performs frequent comprehensive analyses of the factors car insurance providers weigh to calculate rates including driver demographics, driving record, credit score, desired coverage level, and more.
Insurify’s analysis also incorporates the Insurify Composite Score (ICS) assigned to each insurance provider. The ICS is a proprietary rating that weighs multiple factors reflecting the quality, reliability, and health of an insurance company. Ratings used to calculate the ICS include Financial Strength Ratings from A.M. Best, Standard & Poor’s, Moody’s, and Fitch; J.D. Power ratings; Consumer Reports customer satisfaction surveys and customer complaints; mobile app reviews; and user-generated company reviews.
With the above insights and ranking methods, Insurify is able to offer car insurance shoppers insight into how various insurance providers compare to one another in terms of both cost and quality. Note, actual quotes will vary based on unique attributes including the policyholder’s driver history and their garaging address.