Cheapest Car Insurance in Louisiana

Louisiana Farm Bureau offers the most affordable car insurance for Pelican State drivers, with a monthly rate of just $39 and an annual cost of $471 for minimum coverage. This rate represents a $307 annual saving compared to the state's average. These rates, provided by Quadrant Information Services, reflect the cheapest options available in Louisiana as of December 2024. Read our research methodology to learn about how we found the cheapest Louisiana car insurance.

The cheapest car insurance company for most drivers in Louisiana is Louisiana Farm Bureau, with an average monthly rate of $60 for both state minimum and full coverage. This rate is much lower than the average cost of $124 in the area. Other affordable options include GEICO, Progressive, State Farm and AAA.

We used combined minimum and full coverage rates for a 40-year-old driver with good credit and no driving violations to calculate these averages.

Louisiana Farm Bureau offers the most affordable car insurance for both state minimum and full coverage for many drivers in Louisiana. However, your cheapest rate may vary based on your background. Below, we highlight affordable car insurance rates for various driving profiles.

Read More: Cheapest Car Insurance

Louisiana Farm Bureau offers the cheapest rate, while Progressive, GEICO and State Farm also provide cheap minimum liability coverage for drivers in the Pelican State. Use the table below to explore rates from similar companies and see how they compare to the state's average monthly premium of $65.

Louisiana Farm Bureau provides the cheapest full coverage auto insurance in the state, with rates averaging $82 per month or $980 per year. This is $101 less than the state's average cost.

In Louisiana, young adult drivers can find the best rates with GEICO. A 25-year-old can get state minimum coverage for just $57 a month.

We used minimum coverage for a 25-year-old driver with good credit and no driving violations to determine the cheapest provider.

Young drivers in Louisiana can find affordable auto insurance with GEICO, offering state minimum coverage at just $57 monthly. Louisiana Farm Bureau provides full coverage for $125. Rates can vary based on driving history and other factors, but these companies are a great starting point for finding cheap insurance. Explore the table below for more options.

Read More: Cheapest Car Insurance for Young Drivers

Senior drivers in Louisiana can find affordable car insurance with Louisiana Farm Bureau, averaging $51 monthly for minimum coverage 65-year-old drivers.

We used minimum coverage for a 65-year old driver with good credit and no driving violations to determine the cheapest provider.

For senior drivers in Louisiana, Louisiana Farm Bureau often offers the most affordable rates for various needs. GEICO is also a good choice for drivers with bad credit. Remember, your quote may differ, but use the rates below as a guide for your car insurance shopping.

Read More: Cheapest Car Insurance for Seniors

Drivers in Louisiana with a DUI, at-fault accident or speeding ticket are labeled as "high-risk" by insurers, leading to higher insurance costs than those with clean records. For high risk drivers, average premiums vary based on the offense. Below are the best rates for drivers with these violations.

Louisiana Farm Bureau offers the best rates for Louisiana drivers with DUIs, with an average of $56 per month ($667 per year) for minimum coverage. See the table below for more insurance providers and their average monthly premiums.

We used a 40-year-old driver with good credit and a DUI on record to calculate these averages.

With rates averaging $51 per month ($613 per year), Louisiana Farm Bureau is the cheapest company for drivers after an at-fault accident. The table below lists other insurers offering affordable coverage for drivers with accidents. Rates are for a minimum coverage policy.

We used a 40-year-old driver with good credit and an at-fault accident on record to calculate these averages.

Louisiana Farm Bureau offers the cheapest insurance for drivers with a speeding ticket, with rates averaging $46 per month. Check the table below to compare providers offering minimum coverage for drivers with a speeding ticket.

We used a 40-year-old driver with good credit and a speeding ticket on record to calculate these averages.

Louisiana Farm Bureau is the cheapest car insurance provider for drivers with poor credit scores, offering rates at $46 monthly and $550 annually for minimum coverage. Check the table below for more options from other providers.

These rates are based on a 40-year-old driver with bad credit and a clean driving record.

Your location plays a big part in your car insurance rates. Even in the same state, rates change from city to city because of things like how many people live there, flood risks and crime.

For example, Louisiana Farm Bureau charges $62 a month in Baton Rouge but just $48 in Lafayette for the same minimum coverage. Look at the table below to see the cheapest car insurance in your city and the lowest average monthly price you might pay.

The lowest rate reference is for a minimum coverage policy for 40-year-olds with good credit and no driving violations.

Looking to bundle home and auto insurance in Louisiana? State Farm is your go-to for $4,047. Check the table below for more cost-effective options.

Rates are for a 40-year-old driver with good credit and no driving violations.

The average costs of car insurance in Louisiana is $182 per month for full coverage and $65 per month for minimum coverage. Knowing average auto insurance premiums for your location and desired coverage level can help you determine whether you're getting a good deal from an insurer.

In Louisiana, car insurance rates change by city. See this table for average minimum and full coverage costs in your area.

Car insurance in Louisiana is expensive and compared to other states, it's the 6th most expensive.  This is likely due to the state's high population density, frequent natural disasters and higher-than-average vehicle theft rate.

Under Louisiana law, all drivers must carry car insurance policies that meet the state's minimum coverage limits. These limits include $15,000 for bodily injury per person, $30,000 for bodily injury per accident and $25,000 for property damage per accident.

If you finance or lease your car, you will likely have to buy comprehensive and collision insurance in addition to minimum liability coverages. Although a minimum liability auto insurance policy is the least expensive option, it offers the lowest amount of financial protection. Experts recommend driving with full coverage insurance with the highest deductible and liability limits you can afford.

Drivers with serious traffic violations, such as speeding or drunk driving, may need to file for SR-22 insurance, which can increase your premium. In Louisiana, either you or your insurance provider can file the SR-22 form. This form is valid for 3 years from your most recent offense date.

In Louisiana, self-insurance is a common alternative to traditional car insurance. This method allows drivers to set aside funds to cover potential damages, satisfying Louisiana's car insurance requirements without paying monthly premiums.

Business owners can consider fleet insurance, which covers multiple vehicles under one policy. This option simplifies management and ensures all company vehicles meet state coverage requirements.

MoneyGeek recommends that drivers opt for full coverage car insurance, which encompasses liability, collision and comprehensive coverage. Ideal liability limits include:

• $100,000 in bodily injury liability per person
• $300,000 in bodily injury liability per accident
• $100,000 in property damage per accident

Comprehensive coverage ensures your car is protected from off-road incidents like theft, vandalism, or damage from severe weather or fire. Collision coverage, on the other hand, takes care of damages from on-road collisions.

If your car holds significant value, MoneyGeek suggests getting both comprehensive and collision insurance, even though it's not a legal requirement. It's wise to set your deductible for these coverages at an amount you're comfortable paying out-of-pocket before your insurance covers the remaining costs.

Louisiana Farm Bureau offers the cheapest full coverage at $82 and state minimum at $39. Although it's tempting to go with the lowest-cost option, cheapest isn't always best when it comes to car insurance. Experts recommend getting as much coverage as you can afford for the best financial protection on the road.

MoneyGeek answers commonly asked questions about the cheapest car insurance in Louisiana to ensure you get the right coverage for your situation.

MoneyGeek obtained Louisiana auto insurance rates from the Louisiana Department of Insurance and Quadrant Information Services. We examined 26,950 auto insurance quotes from nine providers across 49 ZIP codes to determine the most affordable car insurance companies in Louisiana.

Louisiana Driver Profile

We used a driver profile with the following background information to identify the cheapest auto insurance companies in Louisiana:

• 40-year-old male
• 2012 Toyota Camry LE
• Clean driving record
• 12,000 miles driven annually

To find the cheapest option for various driver backgrounds, we adjusted this sample profile by age, driving record, credit score, car make and model, and military service where specified.

Standard Coverage Levels in Louisiana

We compared car insurance companies in Louisiana that offer both minimum and full coverage policies. The minimum coverage liability limits 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.

For full coverage policy rates, we used the following liability limits:

• $100,000 for bodily injury liability per person
• $300,000 for bodily injury liability per accident
• $100,000 for property damage liability
• Comprehensive and collision coverage with a $1,000 deductible

Home and Auto Coverage Levels in Louisiana

MoneyGeek analyzed the rates of insurance companies for a full-coverage auto insurance policy that includes the following coverage and limits:

• $100,000 in property damage liability
• $100,000 bodily injury liability per person
• $300,000 bodily injury liability per accident
• Comprehensive and collision coverage with a $1,000 deductible

We also analyzed rates for a homeowners insurance policy that includes the following limits and coverage:

• $250,000 dwelling coverage
• $25,000 other structures coverage
• $100,000 personal property coverage
• $25,000 loss of use coverage
• $100,000 personal liability coverage
• $1,000 medical payments coverage
• All-perils coverage with a $1,000 deductible