Best Car Insurance in Louisiana for 2021

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If you’re looking for the best car insurance in Louisiana, it pays to shop around. Louisiana ranks third most expensive in the country (behind Florida and New York) in car insurance rates by state. 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 are Louisiana’s minimum requirements, adequate coverage amounts for your assets and the reviews and reputation for each insurance company. By remembering those things, you’ll be able to find the best auto insurance in Louisiana for you.

Best car insurance companies in Louisiana

To narrow the field down to the best car insurance in Louisiana, we analyzed several factors. J.D. Power’s most recent 2020 Auto Insurance Study ranked the top auto insurance companies in the Southeast for customer service, offerings and price. In addition, AM Best provides key information about an insurer’s financial stability, and the Better Business Bureau (BBB) is a good source of customer reviews. Based on J.D. Power score ratings and affordability, these insurance companies made the list of top car insurance companies in Louisiana.

Provider J.D. Power customer satisfaction score out of 1000 AM Best financial rating Average annual premium for full coverage
Allstate 832 A+ (Superior) $3,057
Progressive 849 A+ (Superior) $3,186
State Farm 849 A++ (Superior) $3,094
Geico 857 A++ (Superior) $2,162
USAA 909 A++ (Superior) $2,073

Allstate

Allstate is a top-rated insurance company within the U.S. and is known for its 24/7 claims center and claims process. Although the car insurance company doesn’t offer the cheapest car insurance in Louisiana, drivers select Allstate for its other offerings such as claims satisfaction guarantee, coverage options, add-ons, and bundling policy. Louisiana drivers can also depend on local experts to help with providing quotes and submitting claims.

Progressive

From the list, Progressive offers the highest average cost for full coverage car insurance in Louisiana. However, what makes the car insurance great is the 24/7 customer service, extensive list of add-ons and bundle options. Drivers are also attracted to the insurance company’s unique coverage options and discounts to help you save on your premium.

State Farm

State Farm, although on the pricier end of car insurance premiums, provides customizable coverage options and an extensive list of discounts. State Farm offers attractive options for younger drivers so it may be a good choice especially for teen drivers and good student drivers.

Geico

Geico may offer the lowest car insurance Louisiana rates due to the long list of discounts. The savings are generous — you may qualify for up to 25% off your premiums if you have an accident-free history and 15% off if you’re insuring a new vehicle.

USAA

USAA is regularly the highest-rated auto insurance company in the Southeast. It performs well across the board, including price, coverage options, claims process and customer satisfaction. Unfortunately, USAA auto insurance Louisiana isn’t available to everyone. Membership is reserved for active and retired military and their families.

Average car insurance cost in Louisiana

Bankrate’s average cost of car insurance analysis places Louisiana in the top three most expensive states. Expect to pay $2,711 per year on average for full coverage, which is only a couple of hundreds of dollars less than Florida or New York and almost $1,000 more than the national average of $1,738.

Average annual premium for minimum coverage in Louisiana Average annual premium for full coverage in Louisiana
$757 $2,711

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
  • $30,000 per accident.
  • $25,000 in property insurance to cover property damage.

How to get the best car insurance

To find the best car insurance, you must evaluate your needs and understand your circumstances since each car insurance company offers different discounts, policies, coverage options and prices. Car insurance companies in Louisiana evaluate each driver by personal information such as age, marital status, credit score, needs, circumstances, driving history, age and vehicle.

Some drivers think the state minimum insurance requirement is enough when searching for car insurance in Louisiana, but that is usually not the case. By getting the minimum insurance requirements, you risk paying more in the long term due to tickets, traffic violations and accidents. Obtaining full coverage insurance is always a better choice as it will protect you from costs that come up in unexpected accidents.

Evaluate your needs and understand your circumstances such as driving record, credit score and claims history and research the best car insurance companies.

Evaluate your individual needs

Evaluate your car insurance needs by taking an honest look at your circumstances and identifying what you will need in your car insurance. When shopping around for car insurance in Louisiana, research the best car insurance companies in your ZIP code as prices and offerings also vary by location. You can also research any discounts you may be able to apply to lower your premium costs.

For example, if you have a newer model of an electric car, you can apply several discounts. Most insurance companies offer discounts for electric cars as well as newer cars, which could help you save a lot.

Consider state factors

Insurance companies offer additional add-ons for drivers. Considering Louisiana is a state that is prone to flooding and hurricanes, it may be a smart idea for drivers to opt into add-ons like roadside assistance or engine protection coverage. Furthermore, if your location in Louisiana isn’t the safest area, you may be inclined to add anti-theft to your policy.

Because 13% of Louisiana motorists are uninsured, Louisiana is in the top 20 ranking of states with uninsured motorists. Adding uninsured motorist coverage can protect you against any charges from an accident with an uninsured driver.

Car insurance discounts in Louisiana

Some of the best available discounts on your car insurance Louisiana coverage include:

  • 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.

Frequently asked questions

What is the best 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.

Does liability insurance include my vehicle?

If you are in accident in Louisiana and your car is damaged, the state’s minimum requirement of liability insurance will not cover any damages to your vehicle. Consider adding comprehensive and collision coverage for full protection.

What happens if my car is damaged from flooding?

Louisiana suffers its fair share of hurricanes and flooding. If you only have the minimum amount of auto insurance Louisiana requires, your car will not be insured against floods. You would need to add comprehensive car insurance coverage to protect your vehicle from severe weather.

Methodology

Bankrate utilizes Quadrant Information Services to analyze 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 cleaning 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 sample drivers own a 2018 Honda Accord, commute five days a week and drive 12,000 miles annually.

These are sample rates and should be used for comparative purposes only. Your quotes may be different.