Key Takeaways
- State Farm and Farm Bureau generally have the cheapest car insurance rates for most Louisiana drivers.
- A speeding ticket increases the average price of auto insurance by 22% in Louisiana.
- The average cost of full-coverage car insurance in Louisiana is 65% higher than the national average.
In this article
Louisiana’s cheapest car insurance companies
- Cheapest full-coverage car insurance: Farm Bureau
- Cheapest minimum-coverage car insurance for adults and teens: State Farm
- Best rates for military families: USAA
Access to Farm Bureau Insurance is among the many benefits available to Louisiana Farm Bureau members. Even after you factor in the membership fee, Farm Bureau’s full-coverage car insurance rates are cheaper than those from all competitors not named USAA.
State Farm has the state’s cheapest minimum-coverage car insurance rates, as well as the cheapest rates for drivers with a prior accident or DWI conviction.
USAA has the cheapest auto insurance for most driver profiles in Louisiana. However, USAA insurance is only available to current and former members of the military and their families.
Since the car insurance rates offered by each company vary by customer, it’s best to compare quotes from multiple companies when you shop.
Get free auto insurance quotes from top Louisiana companies
Minimum auto insurance requirements in Louisiana
Louisiana has 15/30/25 auto insurance requirements, which means drivers need to carry liability coverage with the following minimum limits.
| Coverage | Minimum required limit | What it covers |
|---|---|---|
| Bodily injury liability | $15,000 per person/$30,000 per accident | Injuries to others in a car accident you cause |
| Property damage liability | $25,000 | Damage you cause to other people’s vehicles or property |
| Source: Louisiana Department of Insurance | ||
If the costs of treating injuries or repairing damage you cause exceeds your insurance policy’s liability limits, you may be held personally responsible for the shortfall. Since this can put your savings or other assets at risk, it’s best to choose auto liability limits that match or exceed your net worth.
The following additional auto insurance coverages are available in Louisiana on an optional basis.
- Medical payments: Covers you and your passengers for injuries suffered in a car accident, regardless of fault.
- Uninsured/underinsured motorist coverage: Covers you and your passengers for injuries suffered in a car accident caused by a driver with no insurance or not enough insurance to cover your medical costs. This coverage can also be applied to non-economic damages such as pain and suffering.
- Uninsured/underinsured motorist economic-only coverage: This also covers injuries to you and your passengers in a car accident caused by an uninsured or underinsured motorist, but not pain and suffering.
- Uninsured/underinsured motorist property damage: Covers damage to your vehicle in an accident caused by an uninsured or underinsured motorist.
- Collision: Covers damage to your vehicle from a collision with another vehicle or an object.
- Comprehensive: Covers your vehicle for theft and damage from fire, flood, falling objects, vandalism and other non-collision causes.
Although collision and comprehensive are not required by law, both typically are required for a car loan or lease. Both are offered with a deductible, which is your out-of-pocket cost for repairing or replacing your vehicle.
Cheapest minimum-liability auto insurance rates in Louisiana: State Farm
State Farm offers the cheapest minimum-liability auto insurance in Louisiana, charging rates that average $997 a year statewide, or $83 a month.
The next-best rates are available from Farm Bureau, $89 a month, and Progressive, $102 a month. All three companies’ rates are below the state average of $127 a month.
| Company | Monthly rate |
|---|---|
| State Farm | $83 |
| Farm Bureau | $89 |
| Progressive | $102 |
| State average | $127 |
| GEICO | $163 |
| Allstate | $177 |
| Safeway | $202 |
| USAA* | $71 |
| Rates are for minimum-coverage car insurance for a 35-year-old male with a good driving record. *Only available to current/former military and their families. | |
Cheapest full-coverage auto insurance rates in Louisiana: Farm Bureau
Farm Bureau offers the cheapest full-coverage car insurance in Louisiana, with an average rate of $153 a month. State Farm’s average rate of $165 a month is next best.
Full-coverage car insurance includes higher liability limits than a minimum-coverage policy, along with collision and comprehensive coverage for your vehicle.
The average price of full-coverage car insurance in Louisiana is $3,206 a year, or $267 a month. That's 65% higher than the national average of $162 a month.
| Company | Monthly rate |
|---|---|
| Farm Bureau | $153 |
| State Farm | $165 |
| State average | $267 |
| Progressive | $267 |
| Safeway | $276 |
| GEICO | $433 |
| Allstate | $446 |
| USAA* | $131 |
| Rates are for full-coverage car insurance for a 35-year-old male with a good driving record. *Only available to current/former military and their families. | |
Cheapest car insurance in Louisiana for drivers with bad credit: Safeway
Safeway has the cheapest car insurance rates for drivers with bad credit. However, its rate of $276 a month for those with bad credit is only slightly lower than Farm Bureau’s rate of $277 a month.
The next-cheapest auto insurance rate for drivers with bad credit is $386 a month, available from State Farm.
Insurance companies view your credit-based insurance score as an indication of how likely you are to be involved in an accident or file a claim for some other reason. Those with good credit are seen as less risky.
In Louisiana, drivers with bad credit are charged an average of 52% more for car insurance than those with good credit.
| Company | Monthly rate |
|---|---|
| Safeway | $276 |
| Farm Bureau | $277 |
| State Farm | $386 |
| State average | $407 |
| Progressive | $504 |
| Allstate | $543 |
| GEICO | $654 |
| USAA* | $207 |
| Rates are for full-coverage car insurance for a 35-year-old male with poor credit and a good driving record. *Only available to current/former military and their families. | |
Cheapest car insurance for drivers with a prior incident
The impact a prior ticket or accident can have on your car insurance rates depends largely on the severity of the incident.
- A speeding ticket is likely to be accompanied by a slight increase in your future car insurance rates for three to five years.
- Accidents, which also tend to stay on your record for three to five years, are typically accompanied by sharper rate increases than speeding tickets.
- Major offenses such as DWI come with the sharpest rate increases and may impact your rates for longer than five years.
Cheapest for drivers with a speeding ticket: Farm Bureau
A speeding ticket raises the average price of full-coverage car insurance in Louisiana to $326 a month. That’s 22% higher than the rate available to those with a clean record.
Farm Bureau has the cheapest car insurance for drivers with a prior speeding ticket, $175 a month, which is only slightly less than State Farm’s rate of $177. The next-lowest rate is $284 a month, available from Safeway.
| Company | Monthly rate |
|---|---|
| Farm Bureau | $175 |
| State Farm | $177 |
| Safeway | $284 |
| State average | $326 |
| Progressive | $350 |
| Allstate | $500 |
| GEICO | $628 |
| USAA* | $168 |
| Rates are for full-coverage car insurance for a 35-year-old male with one speeding ticket on his driving record. *Only available to current/former military and their families. | |
Cheapest for drivers with an at-fault accident: State Farm
A prior at-fault accident increases the average price of car insurance in Louisiana by 49% to $399 a month.
State Farm and Farm Bureau offer the cheapest car insurance to drivers with an accident history, charging $192 a month and $195 a month, respectively, for full coverage.
| Company | Monthly rate |
|---|---|
| State Farm | $192 |
| Farm Bureau | $195 |
| Safeway | $341 |
| State average | $399 |
| Progressive | $436 |
| Allstate | $598 |
| GEICO | $839 |
| USAA* | $195 |
| Rates are for full-coverage car insurance for a 35-year-old male with one at-fault accident on his driving record. *Only available to current/former military and their families. | |
Cheapest for drivers with a DWI: State Farm
State Farm offers the cheapest car insurance to Louisiana drivers with a DWI, charging rates that average $177 a month. Farm Bureau offers the next-best rate, $206 a month.
In Louisiana, the average price of insurance for a driver with a DWI is $406 a month, which is 52% more than the rate available to a driver with a clean record.
| Company | Monthly rate |
|---|---|
| State Farm | $177 |
| Farm Bureau | $206 |
| Safeway | $363 |
| Progressive | $401 |
| State average | $406 |
| Allstate | $544 |
| GEICO | $944 |
| USAA* | $205 |
| Rates are for full-coverage car insurance for a 35-year-old male with one DWI on his driving record. *Only available to current/former military and their families. | |
Cheapest car insurance for senior drivers: State Farm
State Farm and Farm Bureau have the cheapest car insurance for senior citizens in Louisiana, charging full-coverage rates that average $171 a month and $173 a month, respectively.
Seniors have slightly higher crash rates than middle-aged drivers. This is one of the main reasons why you may see your insurance rates increase in your retirement years.
However, many companies offer a discount to seniors who complete an approved defensive driving class, which can help offset these rate increases.
| Company | Monthly rate |
|---|---|
| State Farm | $171 |
| Farm Bureau | $173 |
| Safeway | $233 |
| State average | $266 |
| Progressive | $285 |
| GEICO | $418 |
| Allstate | $441 |
| USAA* | $140 |
| Rates are for full-coverage car insurance for a 65-year-old male with a clean driving record. *Only available to current/former military and their families. | |
Cheapest car insurance for teen drivers: State Farm and Farm Bureau
Young drivers are charged high rates for car insurance largely because teens have higher crash rates than other age groups.
For example, the average price of minimum-liability car insurance for an 18-year-old is $329 a month, more than two-and-a-half-times the rate available to those in their mid-30s.
Teens tend to get considerably lower rates on auto insurance when added to a parent’s policy than they do on their own. Several companies also offer a good-student discount to teens who maintain a B average or better in school.
State Farm and Farm Bureau tie for cheapest minimum-coverage car insurance for Louisiana teens, with each charging 18-year-olds rates that average $179 a month.
Farm Bureau’s average full-coverage rate for Louisiana teens, $308 a month, is cheapest in the state and less than half the state average of $753 a month for 18-year-old drivers.
| Company | Minimum coverage | Full coverage |
|---|---|---|
| Farm Bureau | $179 | $308 |
| State Farm | $179 | $364 |
| State average | $329 | $753 |
| Allstate | $355 | $954 |
| Safeway | $394 | $564 |
| GEICO | $509 | $1,392 |
| Progressive | $576 | $1,465 |
| USAA* | $112 | $221 |
| Average monthly rates are for an 18-year-old male with a clean driving record. *Only available to current/former military and their families. | ||
Cheapest car insurance for married drivers: Farm Bureau
Many insurance companies charge married drivers less for car insurance than those who are not married, because married individuals are seen as less risky to insure.
In Louisiana, the average price of car insurance for married drivers is $254 a month per spouse for full coverage, or 5% less than what an unmarried individual pays.
Farm Bureau has the lowest full-coverage rate for married drivers in Louisiana, $139 a month, which is 9% less than its rate for unmarried customers.
| Company | Monthly rate |
|---|---|
| Farm Bureau | $139 |
| State Farm | $165 |
| Progressive | $209 |
| Safeway | $231 |
| State average | $254 |
| Allstate | $426 |
| GEICO | $489 |
| USAA* | $118 |
| Rates are for full-coverage car insurance for a married 35-year-old male with a good driving record. *Only available to current/former military and their families. | |
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Car insurance laws in Louisiana
Louisiana requires motorists to provide proof of car insurance to register a vehicle. The penalties for driving without insurance include fines, a suspension of your driver’s license and/or registration and possible vehicle impoundment.
Here’s what else you need to know about Louisiana’s auto insurance laws.
Electronic insurance verification
Louisiana uses an electronic system to verify the insurance status of registered vehicles. Insurance companies report new policies, cancellations and lapses to the state’s Office of Motor Vehicles (OMV) through the Louisiana Insurance Verification System (LAIVS).
If you receive an insurance cancellation notice from the OMV, you have to provide proof of insurance or documentation showing that you have sold the vehicle or are no longer driving it.
Louisiana’s no-pay, no-play law
Louisiana law also restricts an uninsured motorist's ability to receive insurance funds for an accident caused by someone else.
Under the state’s “No Pay, No Play” law, an uninsured motorist is responsible for the first $15,000 of their own medical treatment and their first $25,000 in car repairs.
An uninsured driver is only eligible to recover expenses exceeding these amounts from an at-fault driver, or their insurance company.
SR-22 insurance in Louisiana
If you commit certain serious traffic offenses in Georgia, including DWI, you may need to get an SR-22 certificate to reinstate your driver's license and/or vehicle registration. Your insurance company typically files the certificate for you with the OMV.
It’s best to let insurance companies know about your SR-22 requirement when you contact them for quotes. Some companies don’t accept customers with an SR-22 requirement. Many that do add a small SR-22 filing fee, usually in the range of $20 to $50, to your rate.
SR-22 requirements typically remain in force for three years. You may face additional penalties if you allow your insurance to lapse while you have an SR-22 requirement in place.
The exact price you pay for car insurance with an SR-22 requirement depends on the severity of the offense that led to the filing requirement.
Louisiana car insurance: Frequently asked questions
Louisiana follows at-fault laws for car accidents. A driver who causes a car accident is financially responsible for injuries and property damage to others. However, the amount an at-fault driver owes may be reduced if the other driver is partially at fault.
The average cost of car insurance in Louisiana is $127 per month for minimum coverage and $267 per month for full coverage.
Louisiana’s car insurance requirements include bodily injury liability limits of at least $15,000 per person and $30,000 per accident, and a property damage liability limit of at least $25,000. Higher limits and additional coverages are available.
Methodology
The rates shown in this article are based on an analysis of more than 280,000 auto insurance quotes obtained from Quadrant Information Services for sample drivers from across Louisiana.
Unless otherwise noted, our sample driver is a single 35-year-old male with good credit. All sample drivers own a 2012 Honda Accord LX that they drive for an average of 13,500 miles per year.
Our senior base driver is a 65-year-old male with a good driving record. Our young base driver is an 18-year-old male with a good driving record.
Minimum-coverage rates reflect the cost of policies that meet the state’s 15/30/25 liability requirements.
Full-coverage policies include the following coverages, limits and deductibles:
- Bodily injury liability: 100,000 per person/$300,000 per accident
- Property damage liability: $100,000
- Collision: $500 deductible
- Comprehensive: $500 deductible
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