Louisiana is the most expensive state for car insurance in the entire U.S., costing an average of $2,724 per year for full coverage. Compared to the national average cost of car insurance, which is $1,674 per year, Louisiana drivers pay over $1,000 more for coverage.
Despite the state’s average premiums, you do not have to settle for paying the maximum amount for coverage. In fact, there are several providers that have more affordable premiums on average. At Bankrate, we monitor the latest rates, coverages and discounts to find the best cheap car insurance companies in Louisiana that provide the coverage you need for your family at a price that you can afford.
The cheapest car insurance in Louisiana
There are several choices for Louisiana auto insurance, but the price for your coverage can vary significantly depending on which provider you choose and whether you opt for a minimum coverage or full coverage policy. The cheapest car insurance rates vary quite a bit by state, which is why it is important to always search for the cheapest providers that Louisiana has to offer.
|Car insurance company||J.D. Power customer satisfaction score||Average annual premium for minimum coverage||Average annual premium for full coverage|
|Geico||843 / 1000||$575||$2,211|
|Southern Farm Bureau||Not rated||$607||$1,871|
|USAA||890 / 1000||$757||$2,035|
|State Farm||859 / 1000||$830||$3,119|
|Progressive||828 / 1000||$1,067||$3,099|
*Due to membership eligibility restrictions, USAA is considered rank-ineligible.
Geico is not only great for cheap car insurance in Louisiana, but it is also fantastic for claims filing and support. There are agents set up in several of Louisiana’s major cities, making policies further accessible to those who are unfamiliar with the company or even those who want direct communication. However, even without seeing an agent in person, you can get your insurance questions answered through a virtual in-app agent, available 24/7. Opportunities for car insurance discounts include military, safety, good driver and student discounts.
Geico even supplies a helpful resource page for Louisiana drivers, so you know exactly what you need before you hit the road.
Learn more: Geico Insurance review
Southern Farm Bureau
To benefit from Southern Farm Bureau car insurance, you must be a member of your local Farm Bureau, but annual membership dues are generally affordable, making it well worth it for the cheap insurance costs. With an A+ (Superior) rating from AM Best for financial stability, Southern Farm Bureau is available in six Southern states, including Arkansas, Colorado, Florida, Louisiana, Mississippi and South Carolina, with local agents to help with all of your auto insurance needs.
Southern Farm Bureau also offers special local insurance that is available for Louisiana only, including rental car coverage, roadside assistance and personal umbrella coverage.
Learn more: Farm Bureau Insurance review
Headquartered in nearby San Antonio, Texas, USAA is a car insurance provider that consistently gets positive customer reviews and gets good scores from J.D. Power, though it is technically rank ineligible due to military status being required for membership.
However, for those who qualify for membership and coverage, USAA is also known for some of the cheapest insurance rates in the U.S., with an excellent variety of insurance options. USAA offers easy mobile tools and great resources for its members, but it is limited in its availability with few branches. It also is an insurance provider exclusively catering to military and veterans, as well as their families, with exclusive discounts specifically designed for its customers, such as savings for military base storage and deployment.
Learn more: USAA Insurance review
State Farm consistently wins awards for its excellent mobile tools, making it easy to file claims and track them. There is excellent customer support available, as proven by its high customer ratings, and it receives an A (Excellent) rating from AM Best for financial stability.
State Farm’s cheap car insurance in Louisiana includes options for rental car coverage, travel expenses, roadside assistance and rideshare driver coverage. There are a ton of discounts, too, to help reduce those higher Louisiana rates, such as multi-policy, claims-free, safe driving and student discounts. For example, students attending the University of Louisiana at Lafayette — or one of the state’s many other schools or universities — could earn up to 25% off premiums until the age of 25 as long as they maintain a B or 3.0 average.
Learn more: State Farm Insurance review
Progressive offers many ways to save, including its Snapshot program that rewards safe driving, plus the Name Your Price Tool that helps you control what you pay for your car insurance each year with accident forgiveness for accidents both small and large. There are also savings when you maintain continuous coverage and loyalty discounts when you bundle multiple cars and policies. Progressive makes it easy to bundle, too, with available home, condo, flood, and personal insurance. There is even classic car insurance for your antique car.
Learn more: Progressive Insurance review
Minimum coverage for Louisiana drivers
Like most states, Louisiana requires that you carry a minimum amount of car insurance, which includes liability insurance.
The minimum insurance coverage for Louisiana includes the following:
- $15,000 bodily injury liability per person
- $30,000 bodily injury liability per accident
- $25,000 property damage liability per accident
You also have the option to purchase or reject the following state-recommended coverage:
- $1,000 medical payments
- $15,000 uninsured motorist bodily injury per person
- $30,000 uninsured motorist bodily injury per accident
While this is the minimum insurance required by the state, experts recommend purchasing additional insurance coverage to reduce your out-of-pocket expenses after an accident. This is because the minimum required insurance for the state often does not cover the full expenses of an accident, meaning that you’d be required to pay the rest of the costs yourself if you’re found to be at-fault.
How to get cheap car insurance in Louisiana
While car insurance is expensive for Louisiana drivers, there are a few tips you can use to lower your total insurance premiums.
The best cheap car insurance providers in Louisiana may vary, depending on things like the kind of car insurance that you need and the type of vehicle that you drive. Because of this, you may find it helpful to compare rates from multiple companies to determine which has the best rates for you. Additionally, consider reviewing the discounts that are available to you ahead of time to make sure that you are taking advantage of the lowest rates you can get.
Work on your credit score
In all but four states, insurance providers may use your credit score to determine your car insurance rates. For example, car insurance for drivers with bad credit is likely to be much more expensive than car insurance for drivers with great credit. Although credit building can take time, some ways to start working on yours is by paying your bills on time, including debts like loans and credit cards.
Increase your deductible
Your car insurance deductible determines how much you have to pay out of pocket when you are in an accident. Your insurance company may require you to pay a significant sum upfront before your insurance coverage kicks in to pay for the rest of the damages. One way to lower your car insurance premium is to raise your deductible, but just be prepared to pay a higher upfront sum if the unthinkable occurs.
Many insurance companies offer loyalty discounts when you maintain more than one active insurance policy. To save extra money on your car insurance, consider adding other types of insurance, such as your homeowners insurance, renters insurance or life insurance, to the same provider for even more savings.
Take advantage of discounts
There are many other ways to save on your car insurance, too. Consider common discounts like safe driver or student driver discounts. If you have a good credit history or a claims-free history, you could be eligible for extra savings. Many car insurance providers also offer exclusive discounts for military members and low mileage drivers. Be sure to take advantage of the best auto insurance discounts wherever you can so you can save extra money on your policy.
Frequently asked questions
What is the best car insurance in Louisiana?
The best car insurance for you depends on a variety of factors, including the car you drive, your accident history and how much you’re willing to pay. We regularly update our expert analysis to feature the latest company rankings, reviews and offerings for each auto insurance provider. The best car insurance in Louisiana for you will depend on which provider has the best coverage for the best price for you.
What is the average cost of car insurance in the U.S.?
The average cost of car insurance is $1,674 annually for full coverage car insurance and $565 annually for minimum coverage. Louisiana drivers are likely to pay significantly more for both coverage types on average, but applying multiple discounts may help reduce this cost.
What factors impact the cost of my Louisiana car insurance?
The cost of car insurance is different for everyone because it is based on several unique factors. Insurance providers will evaluate risk based on where you live, the kind of car you drive, your driving history, your credit score and how many claims you have filed in the past. Not all providers weigh each factor the same, however, which is why it is so important to shop around to make sure you receive the best deal.
Bankrate utilizes Quadrant Information Services to analyze 2021 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on a 40-year-old male and female driver with a clean driving record, good credit and the following full coverage limits:
- $100,000 bodily injury liability per person
- $300,000 bodily injury liability per accident
- $50,000 property damage liability per accident
- $100,000 uninsured motorist bodily injury per person
- $300,000 uninsured motorist bodily injury per accident
- $500 collision deductible
- $500 comprehensive deductible
To determine minimum coverage limits, Bankrate used minimum coverages that meet each state’s requirements. Our base profile drivers own a 2019 Toyota Camry, commute five days a week and drive 12,000 miles annually.
These are sample rates and should only be used for comparative purposes.