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Best Cheap Car Insurance in Louisiana for 2021

Dec. 11, 2020
Auto Insurance, Insurance
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If you want to find cheap car insurance in Louisiana, don’t go with the first quote you get. Rates for the same coverage options and limits can fluctuate from one insurer to the next, so it’s wise to compare as many estimates as possible. This is especially important in Louisiana, where car insurance rates are among the highest in the country.


 

NerdWallet has done the heavy lifting for you. We compared rates from 23 insurers in the state and found the five cheapest options for several driver types.

Cheapest for 20-year-old drivers in Louisiana

Drivers in their 20s may have to get a lot of quotes to find cheap car insurance. Prices can be sky-high for younger 20-somethings, but tend to come down as drivers get more experience on the road. Still, some companies routinely have better insurance rates for young drivers, so it's best to shop around to find them.

Cheapest full coverage in Louisiana for 20-year-olds

Drivers in Louisiana with clean driving records may want to consider the following companies, which had the lowest average rates:

  1. Southern Farm Bureau Casualty: $3,203 per year.
  2. Geico: $3,668 per year.
  3. Louisiana Farm Bureau: $4,740 per year.
  4. State Farm: $5,938 per year.
  5. Allstate: $6,502 per year.

Cheapest minimum coverage in Louisiana for 20-year-olds

Drivers in Louisiana who want just the state minimum coverage may want to check with these companies, which had the lowest average rates:

  1. Geico: $1,067 per year.
  2. Southern Farm Bureau Casualty: $1,162 per year.
  3. Louisiana Farm Bureau: $1,671 per year.
  4. Allstate: $1,682 per year.
  5. State Farm: $1,911 per year.

Cheapest coverage for 20-year-olds with poor credit in Louisiana

Drivers with poor credit in Louisiana should look at the following insurers with the lowest average rates for minimum coverage:

  1. Geico: $1,357 per year.
  2. Southern Farm Bureau Casualty: $1,899 per year.
  3. Allstate: $2,254 per year.
  4. Safeway: $2,407 per year.
  5. Louisiana Farm Bureau: $3,209 per year.

Cheapest for 20-year-old drivers with one at-fault crash in Louisiana

For drivers with a recent accident in Louisiana, here are the companies with the lowest average rates for minimum coverage:

  1. Geico: $1,425 per year.
  2. Southern Farm Bureau Casualty: $1,525 per year.
  3. Louisiana Farm Bureau: $1,962 per year.
  4. State Farm: $2,398 per year.
  5. Allstate: $2,635 per year.

Cheapest insurance for 20-year-old drivers after a DUI in Louisiana

The cheapest auto insurance we found after a DUI is shown here, alongside the insurers’ average rates for minimum coverage.

  1. Southern Farm Bureau Casualty: $1,660 per year.
  2. Louisiana Farm Bureau: $1,920 per year.
  3. Geico: $1,948 per year.
  4. Allstate: $2,394 per year.
  5. State Farm: $2,995 per year.

Cheapest for 30-year-old drivers in Louisiana

By the time they reach their 30s, most drivers will enjoy cheaper car insurance rates than in their teens and 20s. Still, factors like a person’s driving record and car make and model can increase prices. Drivers in their 30s can get lower rates by shopping around and taking advantage of any car insurance discounts.

Cheapest full coverage in Louisiana for 30-year-olds

Drivers in Louisiana with clean driving records may get the lowest rates from these companies:

  1. Geico: $1,963 per year.
  2. Southern Farm Bureau Casualty: $2,133 per year.
  3. Louisiana Farm Bureau: $2,533 per year.
  4. MetLife: $2,957 per year.
  5. State Farm: $3,318 per year.

Cheapest minimum coverage in Louisiana for 30-year-olds

Drivers in Louisiana who want their state’s minimum coverage can check with the following companies, which had the lowest average rates:

  1. Geico: $472 per year.
  2. Southern Farm Bureau Casualty: $585 per year.
  3. Louisiana Farm Bureau: $774 per year.
  4. State Farm: $826 per year.
  5. Auto Club of SoCal: $973 per year.

Cheapest coverage for 30-year-olds with poor credit in Louisiana

Drivers with poor credit in Louisiana should consider the following companies with the lowest average rates for full coverage:

  1. Geico: $2,556 per year.
  2. Southern Farm Bureau Casualty: $3,801 per year.
  3. Louisiana Farm Bureau: $4,938 per year.
  4. Allstate: $4,963 per year.
  5. State Farm: $5,637 per year.

Cheapest for 30-year-old drivers with one at-fault crash in Louisiana

For drivers in Louisiana with a recent accident, here are the lowest average rate options for full coverage:

  1. Southern Farm Bureau Casualty: $2,681 per year.
  2. Louisiana Farm Bureau: $2,921 per year.
  3. Geico: $3,051 per year.
  4. State Farm: $4,030 per year.
  5. MetLife: $4,686 per year.

Cheapest insurance for 30-year-old drivers after a DUI in Louisiana

For the cheapest auto insurance after a DUI, we found the following options for full coverage.

  1. Southern Farm Bureau Casualty: $2,738 per year.
  2. Louisiana Farm Bureau: $2,835 per year.
  3. Geico: $4,283 per year.
  4. State Farm: $4,629 per year.
  5. Allstate: $4,807 per year.

Cheapest for 40-year-old drivers in Louisiana

Drivers in their 40s tend to have better insurance rates than their younger counterparts on average, but still pay more than older age groups. Shopping around for cheap car insurance quotes with multiple insurers is the best way to find lower rates. Good drivers who don’t get behind the wheel often might want to consider pay-per-mile insurance, which charges drivers by how many miles they drive.

Cheapest full coverage in Louisiana for 40-year-olds

Drivers in Louisiana with clean driving records may want to think about the following companies, which had the lowest average rates:

  1. Southern Farm Bureau Casualty: $1,864 per year.
  2. Geico: $1,932 per year.
  3. Louisiana Farm Bureau: $2,399 per year.
  4. MetLife: $2,885 per year.
  5. State Farm: $3,279 per year.

Cheapest minimum coverage in Louisiana for 40-year-olds

Drivers in Louisiana who want just the minimum coverage may want to check prices from these companies, which had the lowest average rates:

  1. Geico: $461 per year.
  2. Southern Farm Bureau Casualty: $474 per year.
  3. Louisiana Farm Bureau: $719 per year.
  4. State Farm: $833 per year.
  5. Progressive: $890 per year.

Cheapest coverage for 40-year-olds with poor credit in Louisiana

Drivers with poor credit in Louisiana can check out the following insurers with the lowest average rates for full coverage:

  1. Geico: $2,515 per year.
  2. Southern Farm Bureau Casualty: $3,369 per year.
  3. Louisiana Farm Bureau: $4,722 per year.
  4. Allstate: $4,963 per year.
  5. State Farm: $5,557 per year.

Cheapest for 40-year-old drivers with one at-fault crash in Louisiana

For drivers with a recent accident living in Louisiana, here are the companies with the lowest average rates for full coverage:

  1. Southern Farm Bureau Casualty: $2,324 per year.
  2. Louisiana Farm Bureau: $2,743 per year.
  3. Geico: $3,013 per year.
  4. State Farm: $3,982 per year.
  5. MetLife: $4,539 per year.

Cheapest insurance for 40-year-old drivers after a DUI in Louisiana

The cheapest full coverage auto insurance we found for drivers with a DUI came from the following companies.

  1. Southern Farm Bureau Casualty: $2,354 per year.
  2. Louisiana Farm Bureau: $2,643 per year.
  3. Geico: $4,250 per year.
  4. State Farm: $4,575 per year.
  5. Allstate: $4,807 per year.

Cheapest for 50-year-old drivers in Louisiana

Drivers in their 50s have cheaper car insurance rates than most other age groups on average. Prices will continue to drop as they inch toward their 60s and gain more driving experience. Rates can still vary depending on other factors such as a driver’s gender and location, so it’s smart to shop around to find the best rate. Our list of the best cheap car insurance companies is a good place to start.

Cheapest full coverage in Louisiana for 50-year-olds

Drivers in Louisiana with clean driving records may want to get quotes from these insurers, which had the lowest average rates:

  1. Southern Farm Bureau Casualty: $1,811 per year.
  2. Geico: $1,819 per year.
  3. Louisiana Farm Bureau: $2,153 per year.
  4. MetLife: $2,668 per year.
  5. Progressive: $3,113 per year.

Cheapest minimum coverage in Louisiana for 50-year-olds

Drivers in Louisiana who opt for the state minimum coverage may want to consider the following companies, with the lowest average rates:

  1. Geico: $430 per year.
  2. Southern Farm Bureau Casualty: $464 per year.
  3. Louisiana Farm Bureau: $634 per year.
  4. Progressive: $826 per year.
  5. State Farm: $826 per year.

Cheapest coverage for 50-year-olds with poor credit in Louisiana

Drivers with poor credit in Louisiana can check with the following companies, which showed the lowest average rates for full coverage:

  1. Geico: $2,368 per year.
  2. Southern Farm Bureau Casualty: $3,272 per year.
  3. Louisiana Farm Bureau: $4,221 per year.
  4. Allstate: $4,695 per year.
  5. Encompass: $5,215 per year.

Cheapest for 50-year-old drivers with one at-fault crash in Louisiana

For drivers living in Louisiana with a recent accident, here are the insurers with the lowest average full coverage rates:

  1. Southern Farm Bureau Casualty: $2,252 per year.
  2. Louisiana Farm Bureau: $2,470 per year.
  3. Geico: $2,869 per year.
  4. State Farm: $3,917 per year.
  5. MetLife: $4,185 per year.

Cheapest insurance for 50-year-old drivers after a DUI in Louisiana

The cheapest auto insurance we found for drivers with a recent DUI comes from the following companies, listed with rates for full coverage.

  1. Southern Farm Bureau Casualty: $2,278 per year.
  2. Louisiana Farm Bureau: $2,387 per year.
  3. Geico: $4,116 per year.
  4. State Farm: $4,503 per year.
  5. Allstate: $4,568 per year.

Cheapest for 65-year-old drivers in Louisiana

Although 65-year-olds have cheaper car insurance rates than many other age groups on average, prices will start increasing as they get older. To find cheap auto insurance for seniors, drivers in their mid-60s should make sure to shop around to find the best rate. Drivers in this age group should also take advantage of any available discounts for senior citizens.

Cheapest full coverage in Louisiana for 65-year-olds

Drivers in Louisiana with clean driving records may want to think about getting quotes from these companies, which had the lowest average rates:

  1. Geico: $1,909 per year.
  2. Southern Farm Bureau Casualty: $2,105 per year.
  3. Louisiana Farm Bureau: $2,392 per year.
  4. MetLife: $2,443 per year.
  5. State Farm: $3,317 per year.

Cheapest minimum coverage in Louisiana for 65-year-olds

Drivers in Louisiana who want just the state minimum coverage may want to check with these insurers, which had the lowest average rates:

  1. Geico: $504 per year.
  2. Southern Farm Bureau Casualty: $608 per year.
  3. Louisiana Farm Bureau: $739 per year.
  4. State Farm: $903 per year.
  5. Progressive: $1,008 per year.

Cheapest coverage for 65-year-olds with poor credit in Louisiana

Drivers with poor credit in Louisiana can look at the following companies with the lowest average rates for full coverage:

  1. Geico: $2,473 per year.
  2. Southern Farm Bureau Casualty: $3,804 per year.
  3. Louisiana Farm Bureau: $4,677 per year.
  4. Allstate: $5,094 per year.
  5. MetLife: $5,114 per year.

Cheapest for 65-year-old drivers with one at-fault crash in Louisiana

For drivers with a recent accident living in Louisiana, here are the companies with the lowest average rates for full coverage:

  1. Southern Farm Bureau Casualty: $2,642 per year.
  2. Louisiana Farm Bureau: $2,764 per year.
  3. Geico: $2,976 per year.
  4. MetLife: $3,857 per year.
  5. State Farm: $4,043 per year.

Cheapest insurance for 65-year-old drivers after a DUI in Louisiana

The cheapest auto insurance we found after a DUI came from the following companies, shown with their average rates for full coverage.

  1. Louisiana Farm Bureau: $2,689 per year.
  2. Southern Farm Bureau Casualty: $2,698 per year.
  3. Geico: $4,261 per year.
  4. State Farm: $4,681 per year.
  5. Allstate: $4,974 per year.

Cheapest for military families

If you’re an active member of the military or a veteran — or have an immediate family member who is — chances are you’ll get a relatively cheap rate with USAA, a company that isn’t available to the general public.

Because of that restriction, USAA isn’t ranked with the others, but it was among the cheapest five auto insurance options for 39 of the 40 driver profiles we examined.

» MORE: Best car insurance for veterans and military

Minimum required auto insurance in Louisiana

Louisiana drivers are required to carry liability insurance, which covers others’ injury treatment and property damage after crashes you cause.

The minimum limits you must buy are:

  • $15,000 bodily injury liability per person.
  • $30,000 bodily injury liability per accident.
  • $25,000 property damage liability per accident.

Although this will be enough to drive legally, experts recommend getting more than the bare minimum to avoid paying out of pocket after serious crashes. You may also want optional coverage such as collision, comprehensive and uninsured motorist coverage.

Check out NerdWallet’s guide to car insurance requirements by state for more information on how these coverage options work and what makes sense for your policy.

Alternative car insurance in Louisiana

Drivers who are denied auto insurance on the open market thanks to such factors as a checkered driving record can shop for coverage through the Louisiana Automobile Insurance Plan.

Try our car insurance comparison tool to view rates from top companies.

Methodology

For our “good driver” profile, NerdWallet averaged insurance estimates from an average of 14 insurers in each state and Washington, D.C., for single male and female drivers with good credit and no tickets or violations. The analysis included 5-10 of the largest insurance companies in each state; smaller insurers were also included when rates were available. Liberty Mutual and its subsidiaries were excluded from our analysis as rates were not available.

For full coverage policies, we used the following 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 coverage per person.
  • $300,000 uninsured motorist coverage per accident.
  • Collision coverage with a $1,000 deductible.
  • Comprehensive coverage with a $1,000 deductible.

In states where required, minimum additional coverages were added. Some policies include additional coverages at the insurer’s discretion.

  • We used a 2018 Toyota Camry L for all drivers and assumed 12,000 annual miles driven.
  • We analyzed rates for drivers 20 to 80 years old in five-year increments.

We used the same assumptions for all other driver profiles, with the following exceptions:

  • For drivers with minimum coverage, we adjusted the numbers above to reflect minimum required coverage by law in the state.
  • We changed the credit tier from “good” to “poor” as reported to the insurer to see rates for drivers with poor credit.
  • For drivers with one at-fault crash, we added a single at-fault crash that happened six months ago, resulting in $10,000 in property damage and no bodily injury claim.
  • For drivers with a DUI, we added a single drunken driving violation that happened six months ago.

These are rates generated through Quadrant Information Services. Your own rates will be different.