Compare Cheap Auto Insurance in Louisiana

• Full coverage auto insurance in Louisiana costs $3,651 annually on average. Minimum coverage costs an average of $1,252 annually.
• Southern Farm Bureau and USAA have the lowest average rates for many driver profiles, but the latter is only available to the military community.
• State Farm has the cheapest rates for drivers with an at-fault accident on their records. It also has a strong customer service record.
• Progressive has the cheapest rates for drivers with a DUI. Safeway has the lowest rates for drivers with low credit.

Southern Farm Bureau offers the cheapest average rates in Louisiana for full coverage at $2,372 annually, which is significantly lower than the state average of $3,651. USAA also has cheap rates for eligible members of the military community at $2,725 per year on average.

Southern Farm Bureau also has the cheapest rates for minimum coverage in Louisiana, with an average annual premium of only $735, compared to the statewide average of $1,252. GEICO and USAA (for veterans and military drivers) also have below-average rates..

Southern Farm Bureau offers the cheapest auto insurance rates for teen drivers in Louisiana, which is an age group that tends to pay very high premiums for coverage — the state average rate for teens is $8,966 annually. Southern Farm Bureau’s annual average rate, by comparison, is only $4,742. USAA also has below-average rates. Adding a teen to an existing family policy is a great way to save money, as individual policies can cost thousands of dollars more per year.

Military-affiliated drivers with a speeding ticket in Louisiana can find cheap rates from USAA, which has an average annual premium of $3,316 — 20 percent lower than the state average. For non-military drivers, Safeway and State Farm also offer below-average rates.

An at-fault accident can increase your insurance rates, but State Farm and USAA both offer competitive rates for Louisiana drivers with an accident on their record. The companies’ average annual premiums are $3,324 and $4,400, respectively, both below the state average of $4,769.

A DUI is a severe traffic violation that can cause auto insurance rates to increase significantly. In Louisiana, Progressive has the lowest average premium for drivers convicted of a DUI at $3,605 per year, well below the state average of $5,250. USAA, Safeway, and State Farm also have below-average rates.

In Louisiana, Safeway offers the cheapest insurance for drivers with poor credit at $4,105 per year on average — 42 percent lower than the state average. USAA ($4,813 annually) also offers comparable rates below the state average.

Although it doesn’t have the cheapest rates available in Louisiana, State Farm has one of the highest customer satisfaction ratings in the region. It’s also worth noting that Southern Farm Bureau is not ranked by J.D. Power, but it earned a spot on CRASH Network’s Honor Roll. And for eligible customers, USAA consistently ranks highly for satisfaction in third-party studies, with the exception of the CRASH Network Insurer Report Card.

1. Shop around: Although Southern Farm Bureau offers the cheapest average rates for most driver categories in Louisiana, that doesn’t necessarily mean it will be the cheapest company for you. Get quotes from multiple companies with the exact mix of coverages and limits you need to determine where you can get the best deal.
2. Take advantage of discounts: Auto insurance providers offer a variety of discounts to help you save, though availability varies by state and by insurer. Most provide a bundling discount for purchasing more than one policy type through the same insurer (e.g., homeowners/renters and auto), and it’s also worth looking into other common discounts such as good driver, good student (for young drivers), and safety equipment discounts.
3. Maintain good credit: In Louisiana, insurers can use your credit history as a factor when determining premiums, and drivers with poor credit pay almost twice as much, on average, than drivers with good credit. Keeping your credit in good standing or improving your credit if necessary can help you get lower rates.
4. Lower your coverage: If you have an older vehicle that is fully paid off, it may not make sense to pay for full coverage. Additionally, if you want to lower your premium even more, you can lower your liability limits. However, be aware that lower limits mean potentially paying significant out-of-pocket expenses in the event of a claim.

Average auto insurance premiums vary widely between cities in Louisiana. New Orleans, the most populous city, has the highest average rates at $5,727 per year — 60 percent above the state average. Meanwhile, Shreveport has significantly lower rates at $3,384 annually on average.

Louisiana law requires basic minimum auto insurance limits that all Louisiana drivers must carry in order to legally drive their car:

• Bodily injury liability: $15,000 per person/$30,000 per accident
• Property damage liability: $25,000 per accident

These limits offer a certain level of financial protection, but they are quite low and may leave you with large out-of-pocket expenses if you cause an accident. If you can afford to, we recommend increasing your liability limits and adding full coverage if you also want coverage for damage to your own vehicle.

We analyze average auto insurance premiums in Louisiana for full and minimum coverage for good drivers with good credit. We also analyzed rates for other driver profiles, including households with teen drivers, and individuals with at-fault accidents, DUIs, speeding tickets, or low credit. Full coverage averages use the following limits:

• Bodily injury liability: $100,000 per person/$300,000 per accident
• Property damage liability: $50,000 per accident
• Uninsured and underinsured motorist bodily injury: $100,000 per person/$300,000 per accident
• Comprehensive and collision: $500 deductible