The Best Louisiana Car Insurance Companies 2020

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If you’re looking for the best cheap car insurance in Louisiana, it pays to shop around. According to the Insurance Information Institute, in 2016, average car insurance expenditures in Louisiana were over $1,300 a year, making it the second most expensive state for car insurance after New York. Comparing estimates can help you find cheap car insurance in Louisiana and could save you hundreds of dollars per year.

A few items to keep in mind when you’re shopping for car insurance:

  • Louisiana’s minimum requirements
  • Adequate coverage amounts for your assets
  • Reviews and reputation for each insurance company

Best car insurance companies in Louisiana

Car insurance fees in Louisiana can fluctuate from $1,302 to over $4,000 per year according to the Insurance Information Institute.

We found USAA to be the cheapest car insurance for drivers with a clean driving record. Metlife, Geico, and Progressive are also worth considering for price. According to J.D. Power, Farm Bureau TN earned the highest scores for overall satisfaction and price.

Insurance Company Rating by J.D. Powers
Farm Bureau TN Highest Rated – Overall
Erie 870
Alfa 855
Farm Bureau 855

Finding the right cheap car insurance in Louisiana for you

When it comes to car insurance, having adequate coverage is important. A bare bones policy may be the cheapest car insurance, yet you may find that such a policy doesn’t meet your needs in case of a serious accident or a lawsuit.

Cheapest car insurance for good drivers

USAA came in at the lowest price for a 40 year driver with a clean driving record. At $1,610 per year, that breaks down into $134.00 per month for the minimum requirements.

Cheapest car insurance for students

Car insurance for new and young drivers (16-24) can be $4,000 or more a year so it’s good to know your options. Bundling insurance and age factors will impact rates.

Cheapest car insurance for people with low credit

If you have low credit, we found Allstate had the cheapest car insurance for Louisiana drivers. We recommend also checking with Geico and Farmers for comparisons.

Cheapest car insurance for people with accidents

If you have multiple accidents, you may be able to reduce your insurance fees by taking a defensive driving course or raising your deductible. It’s always worth asking your potential insurance company.

Cheapest car insurance for low-mileage drivers

If you drive less than 12,000 miles per year, (the annual average), then you may be eligible for a lower rate of car insurance.

Average Car Insurance Cost in Louisiana

The Insurance Information Institute says Louisiana’s average annual cost of car insurance was $1,302 in 2016. Here’s a brief overview of car insurance average costs.

Average car insurance for good drivers $1,610
Average car insurance for students (16-25) $10,107
Average car insurance for people with an at-fault accident $3,330

Car insurance discounts in Louisiana

  • Active military – If you’re active military based in Louisiana, you may be eligible for a discount.
  • Bundled insurance – Most (if not all) insurance companies offer discounts for bundling policies. Those may include multiple cars, boat, motorcycle, mobile home, or home or renters insurance.
  • Clean driving record at renewal – Some insurance providers will offer you an automatic discount upon renewal if you maintain a clean driving record.
  • Switching providers – It’s worth comparing a few quotes every few years. Some companies will give you a discount for switching.

State minimum insurance requirements in Louisiana

Louisiana minimum insurance requirements include injury liability and property insurance. The minimum liability insurance is meant to cover medical expenses up to $15,000 for one person and $30,000 per accident. You’re also required to have a minimum of $25,000 in property insurance to cover property damage.

Frequently asked questions

What is the cheapest car insurance in Louisiana?

It depends on factors like your age and driving record. It’s worth getting at least three quotes for the best price.

What do I need to get car insurance in Louisiana?

You will need your car’s make and model and the VIN number. You will also need to provide the name and birthdate of everyone on the policy.

Do I need more than the minimum coverage?

Many people opt for more coverage than the minimum. If you’re in a serious accident, the minimum may not cover all of your damages.