The average full coverage car insurance cost in Lafayette is $199 per month. Prices can range from as low as $199 to as high as $759, depending on the policy specifics, vehicle type, and driver's details. To help residents better understand what they might pay, the table below includes average car insurance costs for various driver profiles.
Lafayette, LA, Car Insurance
Updated: January 13, 2025
Advertising & Editorial Disclosure
Cheapest Car Insurance in Lafayette: Key Takeaways
In Lafayette, the cheapest car insurance companies include Louisiana Farm Bureau, State Farm, GEICO and Progressive, offering competitive rates for various driver profiles.
Louisiana Farm Bureau offers the lowest rates for car insurance in the state, with $48 per month for minimum coverage and $93 per month for full coverage.
The average monthly cost of car insurance in Louisiana is $80 for minimum coverage and $199 for full coverage, with rates varying based on individual driver profiles.
Car Insurance Quotes in Lafayette, LA
| Young Drivers | $96 | $241 |
| Teens | No Data | $759 |
| Seniors | $91 | $218 |
| Drivers With a Speeding Ticket | $102 | $252 |
| Drivers With a DUI | $123 | $301 |
| Drivers With An Accident | $121 | $299 |
| Bad Credit | $149 | $368 |
Because insurers calculate premiums differently, for the most accurate estimate, you'll need to get quotes from multiple providers.
Lafayette vs. State Average
Louisiana
State Average Full Coverage Rate
$2,466
Lafayette, LA
City Average Full Coverage Rate
$2,380More:$86 saved
This is 3% less expensive.
What Is the Average Car Insurance Rate in Lafayette?
In Lafayette, full coverage car insurance averages $2,380 per year, while minimum coverage costs about $952 annually. Lafayette's full coverage is more affordable than the Louisiana average of $2,466, but its minimum coverage is pricier compared to the state average of $919.
| State Average | $919 | $2,466 |
| Lafayette Average | $952 | $2,380 |
Cheapest Car Insurance Companies in Lafayette
Even though premiums are rising in the Pelican State, you can still find affordable car insurance in Lafayette. Louisiana Farm Bureau offers the cheapest minimum coverage at just $48 per month. For those seeking full coverage, they also provide the best rate at $93 per month.
WHY CAR INSURANCE IN LAFAYETTE IS CHEAP
Car insurance is cheap in Lafayette compared to the state average. Other areas of Louisiana may be more expensive due to several factors, including high traffic and accident rates. Statewide issues like a large number of uninsured drivers, frequent personal injury lawsuits and insurance fraud also drive up premiums for everyone.
Cheap Car Insurance in Lafayette
Louisiana Farm Bureau often offers the cheapest car insurance, but costs vary by driver. To find the best rate, compare quotes from several insurers. Below is a table with affordable rates for different driver profiles.
| Louisiana Farm Bureau | Minimum Coverage | $48 |
| Louisiana Farm Bureau | Full Coverage | $93 |
| State Farm | Teens | $424 |
| Louisiana Farm Bureau | Young Adults | $111 |
| Louisiana Farm Bureau | Seniors | $89 |
| Louisiana Farm Bureau | Bad Credit | $126 |
| Louisiana Farm Bureau | Drivers With a DUI | $99 |
| Louisiana Farm Bureau | Drivers With An Accident | $92 |
| Louisiana Farm Bureau | Drivers With a Speeding Ticket | $82 |
Car Insurance Rates in Lafayette by Company
Finding the cheapest car insurance in Lafayette means comparing rates. Below, we detail the most affordable plans for state minimum and full coverage car insurance.
Cheapest Car Insurance Companies for Minimum Coverage in Lafayette
Louisiana Farm Bureau offers the cheapest minimum coverage auto insurance at $48 per month, while GEICO follows at $66. To explore more, see the breakdown of the cheapest options in the table below.
| Louisiana Farm Bureau | $48 | $31 |
| GEICO | $66 | $14 |
| Progressive | $66 | $13 |
| State Farm | $72 | $7 |
Cheapest Car Insurance Companies for Full Coverage in Lafayette
Louisiana Farm Bureau offers the cheapest full coverage car insurance in Lafayette at $93 per month. Below is a table with the full list of providers and their rates.
| GEICO | $162 | $37 |
| Louisiana Farm Bureau | $93 | $106 |
| Progressive | $187 | $12 |
| State Farm | $167 | $32 |
Car Insurance Companies in Lafayette
To find affordable car insurance in Lafayette, get quotes from several providers. Louisiana Farm Bureau offers the cheapest rate at $845 annually. State Farm is the best affordable option with a MoneyGeek score of 80. Check the table below for more options.
| State Farm | 80 | $1,406 |
| Progressive | 68 | $1,522 |
| GEICO | 63 | $1,364 |
| AAA | 56 | $2,051 |
| Allstate | 44 | $2,809 |
| Louisiana Farm Bureau | No Data | $845 |
*Rates are for a 40-year-old driver with good credit and no driving violations.
Car Insurance Cost in Lafayette by Age
Middle-aged drivers and younger seniors have the lowest car insurance rates, with pricing of $2,380 per year for 40-year-olds and $2,611 annually for 65-year-olds. Below, you can compare average rates for ages 16 to 65 in the city.
| 16 | $7,019 | $-1,544 |
| 17 | $7,078 | $-1,604 |
| 18 | $6,270 | $-796 |
| 19 | $5,837 | $-363 |
| 20 | $5,978 | $-504 |
| 21 | $4,785 | $690 |
| 22 | $4,598 | $876 |
| 23 | $4,831 | $643 |
| 24 | $4,570 | $904 |
| 25 | $2,894 | $-180 |
| 40 | $2,380 | $335 |
| 65 | $2,611 | $104 |
Cheapest Car Insurance for Teens in Lafayette
State Farm offers the cheapest overall car insurance for teens in Lafayette at $395 per month, saving $151 compared to the state average. The table below also breaks down some of the most affordable providers in the city for this age group.
| State Farm | $395 | $151 | $424 |
| GEICO | $513 | $33 | $692 |
| Progressive | $608 | $-62 | $1,214 |
| Allstate | $667 | $-121 | $707 |
*Rates reflect 16 to 19-year-old drivers with good credit and no driving violations for full coverage policies.
Best Car Insurance Rates for Young Drivers in Lafayette
GEICO offers the best minimum coverage rate at $67 per month, while Louisiana Farm Bureau provides the most affordable full coverage at $145 monthly. Check the table below to see which providers offer the cheapest rates for various young driver profiles.
| GEICO | Minimum Coverage | $67 |
| Louisiana Farm Bureau | Full Coverage | $145 |
| GEICO | Bad Credit | $174 |
| Louisiana Farm Bureau | Drivers With a DUI | $159 |
| Louisiana Farm Bureau | Drivers With An Accident | $146 |
| Louisiana Farm Bureau | Drivers With a Speeding Ticket | $131 |
Cheapest Car Insurance Companies for Young Drivers in Lafayette
Louisiana Farm Bureau offers the most affordable auto insurance for young drivers at $111 per month. For more on affordable auto insurance, see the table below, which shows other companies with competitive rates.
| Louisiana Farm Bureau | $111 | $58 |
| GEICO | $116 | $53 |
| State Farm | $151 | $18 |
| Progressive | $165 | $4 |
*Rates are for 25-year-old drivers with good credit and no driving violations for both minimum and full coverage.
Best Car Insurance Rates for Seniors in Lafayette
Louisiana Farm Bureau offers the cheapest car insurance for minimum coverage, but rates can vary based on factors like your driving record or credit score. The table below shows the cheapest providers for different driver and coverage profiles that may better fit you.
| Louisiana Farm Bureau | Minimum Coverage | $63 |
| Louisiana Farm Bureau | Full Coverage | $116 |
| Louisiana Farm Bureau | Bad Credit | $162 |
| Louisiana Farm Bureau | Drivers With a DUI | $127 |
| Louisiana Farm Bureau | Drivers With An Accident | $117 |
| Louisiana Farm Bureau | Drivers With a Speeding Ticket | $105 |
Cheapest Car Insurance Companies for Seniors in Lafayette
Louisiana Farm Bureau offers the cheapest monthly premium for seniors at $89 for minimum coverage. GEICO follows with a rate of $123 per month. The table below shows top car insurance options for seniors in Lafayette.
| Louisiana Farm Bureau | $89 | $65 |
| GEICO | $123 | $32 |
| State Farm | $128 | $27 |
| Progressive | $150 | $5 |
*Rates are for 65-year-old drivers with good credit and no driving violations for both minimum and full coverage.
Car Insurance Cost for High-Risk Drivers in Lafayette
When looking at high-risk driver profiles, Lafayette's average rates for both minimum and full coverage are lower than the state average. Bad credit and DUIs drive up car insurance rates the most, while accidents and speeding tickets have a smaller impact.
| State Average | $1,336 | $3,519 |
| Lafayette Average | $1,385 | $3,422 |
DRIVING OFFENSES ONLY AFFECT RATES FOR A LIMITED TIME
Insurers in Lafayette typically account for minor driving incidents like not-at-fault accidents or speeding tickets for about three to five years. For more severe offenses, such as a DUI, insurers may consider them for up to ten years, often requiring an SR-22 to ensure you meet your state's minimum coverage auto insurance needs.
Cheapest Auto Insurance Rates With a DUI in Lafayette
Louisiana Farm Bureau offers the cheapest minimum coverage for drivers with a DUI at $818 per year. For full coverage, they also lead with an annual rate of $1,564. Check out the table below for more low-cost coverage options.
| Louisiana Farm Bureau | $68 | $130 |
| State Farm | $85 | $194 |
| Progressive | $101 | $288 |
| AAA | $155 | $361 |
| GEICO | $160 | $393 |
*Rates are for a 40-year-old driver with good credit and a DUI.
Cheapest Auto Insurance Rates With an Accident in Lafayette
Louisiana Farm Bureau, State Farm, and GEICO are the three cheapest car insurance providers for drivers with an at-fault accident record in Lafayette. For those seeking the cheapest auto insurance after an at-fault accident, these companies offer affordable options. The table below shows different Lafayette providers offering cheap car insurance coverage for drivers with an at-fault accident violation.
| Louisiana Farm Bureau | $63 | $121 |
| State Farm | $93 | $212 |
| GEICO | $114 | $286 |
| Progressive | $124 | $349 |
| Allstate | $164 | $437 |
*Rates are for a 40-year-old driver with good credit an at-fault accident.
Cheapest Auto Insurance Rates With a Speeding Ticket in Lafayette
Louisiana Farm Bureau is the cheapest car insurance provider for drivers with a speeding ticket in Lafayette, offering minimum coverage at $56 and full coverage at $108. Check the table below to see how other providers charge drivers with a speeding ticket.
| Louisiana Farm Bureau | $56 | $108 |
| State Farm | $85 | $194 |
| GEICO | $87 | $221 |
| Progressive | $86 | $248 |
| Allstate | $146 | $398 |
**Rates are for a 40-year-old driver with good credit and a speeding ticket.*
Cheapest Car Insurance for Bad Credit in Lafayette
Louisiana Farm Bureau offers the most affordable rates for drivers with bad credit in Lafayette, with $86 for state minimum and $166 for full coverage. See the table below for other affordable options.
| Louisiana Farm Bureau | $86 | $166 |
| GEICO | $96 | $245 |
| Progressive | $118 | $356 |
| State Farm | $186 | $403 |
| Allstate | $155 | $435 |
*Rates are for a 40-year-old driver with bad credit and no driving violations.
Minimum Car Insurance Requirements in Lafayette, LA
In Louisiana, each city adheres to car insurance minimums set by statewide mandates. Here's what your policy needs at a minimum:
- $15,000 for bodily injury liability per person.
- $30,000 for bodily injury liability per accident.
- $25,000 for property damage liability per accident.
For example, if you're in a minor accident causing $20,000 in damage, your minimum coverage will handle the costs, keeping you financially protected.
Cheap Car Insurance in Lafayette: Bottom Line
Louisiana Farm Bureau shines with the most affordable car insurance in Lafayette, at just $48 for minimum coverage and $93 for full coverage. No matter your age or credit, you'll find providers with competitive rates to fit your budget. Make sure your policy covers Louisiana's essentials: bodily injury, property damage, and uninsured motorist protection. By comparing, get the best price for the coverage you need, as required by law.
Lafayette Auto Insurance: FAQ
This FAQ section offers quick answers to common questions about finding affordable and quality car insurance in Lafayette. You’ll learn how to choose the best options, focusing on state minimum coverage and cost-effective plans.
What is the cheapest car insurance company in Lafayette, Louisiana?
Louisiana Farm Bureau offers the most affordable car insurance in Lafayette, with rates starting at $48 for state minimum coverage.
What is the best car insurance company in Lafayette, Louisiana?
Louisiana Farm Bureau is the best car insurance company in Lafayette, scoring highly in customer satisfaction.
How much does car insurance cost on average in Lafayette?
The average cost for minimum coverage in Lafayette ranges from $80 to $150 per month.
Best Cheap Car Insurance in Lafayette: Our Methodology
MoneyGeek conducted an analysis of Lafayette auto insurance prices using data from the Louisiana Department of Insurance and Financial Services and Quadrant Information Services.
Lafayette Driver Profile
To assess the best and most affordable auto insurance options for Lafayette residents, MoneyGeek used the following sample driver profile:
- 40-year-old male
- Clean driving history
- 2012 Toyota Camry LE
- 12,000 miles driven per year
By altering variables such as age, driving records and military status, MoneyGeek also found the top insurers for different types of drivers.
Coverage Levels in Lafayette
In assessing the car insurance quotes for Lafayette, we gathered data for both minimum and full coverage policies, ensuring each insurer conformed to Louisiana's mandated liability insurance parameters:
The minimum coverage requirements in Louisiana are:
- $15,000 for bodily injury liability per person.
- $30,000 for bodily injury liability per accident.
- $25,000 for property damage liability per accident.
To assess rates for full coverage policies, MoneyGeek upped the coverage amounts to these limits:
- $100,000 bodily injury liability per person
- $300,000 bodily injury liability per accident
- $100,000 property damage liability
- Comprehensive and collision coverage with a deductible of $1,000
MoneyGeek’s Scoring System
MoneyGeek scored insurers on a scale of zero to 100, factoring in customer satisfaction, cost-effectiveness, claims management, coverage options and financial stability.
Insurers received scores as indicated below, with a total possible score of 100 points:
- General customer satisfaction (up to 35 points)
- Affordability (up to 30 points)
- Claims experience (up to 20 points)
- Essential coverages (up to 10 points)
- Financial stability (up to five points)
MoneyGeek’s Sources
To gauge rates and assess the best service experiences among Louisiana providers, MoneyGeek utilized six sources:
- Quadrant Information Services provided actual policy quotes in Lafayette
- J.D. Power's studies and the NAIC index contributed to the assessment of customer service
- Claims experience metrics came from J.D. Power and the CRASH Network’s report card
- AM Best and Demotech offered financial stability insights through their ratings
For more detailed information on how these scores were calculated, review MoneyGeek's methodology.
About Mark Fitzpatrick
Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's resident Personal Finance Expert. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He has been quoted in several insurance-related publications, including CNBC, NBC News and Mashable.
Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a 5-time Jeopardy champion!
He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.