Average Cost of Car Insurance in Louisiana

On average, car insurance in Louisiana costs $1,882 each year, or $157 monthly. Below, we break down the average costs of full coverage insurance by category and by company unless otherwise specified.

By Age

Due to their inexperience and tendency to engage in unsafe behaviors, young drivers pay the most for auto insurance than drivers in any other category. On average, teenagers in Louisiana pay over $8,000 per year for auto insurance, while drivers age 20 and older pay around $2,900.

For cheap insurance in Louisiana, check out the following companies:

To lower your insurance costs, consider the following:

• Decrease your deductibles. The higher your deductibles, the less you pay in monthly premiums. When setting your deductibles, consider how much you can afford to pay out of pocket for repairs in the event of an accident.
• Shop for discounts. Find a company whose discounts align with your circumstances. For example, if you have a young driver on your policy, look for teen driver discounts, or if you own a home, look for the best home and auto insurance bundles.
• Compare quotes. Ultimately, how much you pay for insurance comes down to your unique circumstances and each company’s individual formulas for determining premiums. That’s why, to find cheap car insurance rates in Louisiana, shopping around and comparing quotes is essential. The cheapest car insurance company in Louisiana will differ if you get full coverage car insurance versus minimum coverage, so make sure to use the same parameters with each company.

Louisiana’s minimum car insurance requirements are as follows:

Louisiana fault law falls under pure comparative negligence, meaning liability is spread among everyone who contributed to the accident in proportion to their responsibility. In other words, a party may recover for injuries and damages even if they bear more fault than the other party. For example, if you were 60 percent at fault for an accident, you can still recover 40 percent of your damages.

An SR-22 is a form proving you hold car insurance that meets minimum state requirements. The Louisiana Department of Public Safety’s Office of Motor Vehicles may require you to have one if you commit one of the following offenses:

• DUI
• Driving without insurance
• Driving with a suspended license
• Reckless driving

Typically, your insurance company will file an SR-22 for you for a fee of around $25. The length of time you must hold the SR-22 depends on your conviction, but in most cases, it is three years from the date of conviction.

As a last resort, high-risk drivers who cannot find insurance elsewhere can seek coverage through the Louisiana Automobile Insurance Plan by using the following contact information:

• Website: https://www.aipso.com/Plan-Sites/Louisiana
• Phone: 866-989-9902
• Fax: 401-528-1361
• Office Hours: Monday through Friday, 9:00 a.m. to 5:00 p.m. ET
• Email: laip@aipso.com
• Mailing Address:
  • Louisiana Automobile Insurance Plan
  • 302 Central Avenue
  • Johnston, RI 02919³

Louisiana has the highest auto insurance rates in the country. That makes it even more important to shop for discounts and get at least three quotes before deciding on a company. USAA, Southern Farm Bureau, State Farm, and GEICO have some of the cheapest rates in the state.

Over the course of its two decades in the industry, AutoInsurance.com has gathered millions of data points that we use to match customers with the right insurance company for their circumstances and needs. We leverage our database, along with information on coverage requirements, state laws, fault systems, and SR-22s, to give you insight into how much you’ll pay.