The Best, Cheapest Louisiana Car Insurance (2022)
Louisiana drivers pay an average $135 a month for minimum-coverage auto insurance.
However, it's possible to get lower rates. For example, Louisiana Farm Bureau has the lowest rates in the state, at $64 a month for minimum coverage. This article will help you understand the factors that affect your final car insurance quote and get the best coverage at the cheapest price.
We'll cover:
How much is car insurance in Louisiana?
The average cost of minimum car insurance in Louisiana is $135 a month, 55% more than the national average of $87 a month. Louisiana's average rate for full-coverage auto insurance is $348 a month. That's 96% higher than the national average of $178.
| Region | Minimum coverage | Full coverage |
|---|---|---|
| Louisiana | $135 | $348 |
| U.S. | $87 | $178 |
| Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary. | ||
The high cost of car insurance in the Pelican State is due to many reasons. Louisiana is an at-fault state, meaning that if you're responsible for an accident, you're also responsible for the damages. This risk causes auto insurers to increase their rates in order to offset their potential costs. Also, according to the Insurance Information Institute, almost 12% of Louisiana drivers are uninsured. This causes accident costs to be passed on to insured drivers in the form of higher premiums.
What are the cheapest auto insurance companies in Louisiana?
Louisiana Farm Bureau has the cheapest minimum-coverage rate in the state, $64 a month. It also offers the cheapest full-coverage rate, $114 a month.
State Farm has the second-lowest car insurance rates in Louisiana, at $86 a month for minimum coverage and $164 a month for full coverage.
At the high end, GEICO has the most expensive auto insurance rates, at $230 a month for minimum coverage and $1,144 for full coverage.
What are the best car insurance companies in Louisiana?
Louisiana Farm Bureau, State Farm and USAA stand out as the best auto insurance companies in Louisiana. Here's why.
Louisiana Farm Bureau: cheapest rates and best local insurer
If you're not only looking for the cheapest car insurance rates in Louisiana, but a provider close to home, Louisiana Farm Bureau comes out on top. It offers the lowest rates, at $64 a month for minimum coverage and $114 a month for full coverage.
The table below shows the average monthly Louisiana Farm Bureau minimum-coverage rates in Louisiana's 10 biggest cities.
| City | Average monthly rate |
|---|---|
| Alexandria | $112 |
| Baton Rouge | $122 |
| Bossier City | $71 |
| Kenner | $119 |
| Lafayette | $107 |
| Lake Charles | $94 |
| Metairie | $110 |
| Monroe | $97 |
| New Orleans | $127 |
| Shreveport | $85 |
| Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary. | |
Louisiana Farm Bureau provides car insurance coverage only in Louisiana, so it focuses solely on the needs of the state's drivers. Each parish in Louisiana has a Louisiana Farm Bureau office, making it easier for those who want to know their provider.
Louisiana Farm Bureau also has an excellent track record for claims resolution. In the National Association of Insurance Commissioners Complaint Index, Louisiana has a rating of 0.008. The Complaint Index reflects an insurance provider's trend in dealing with claims-related issues such as resolution speed and payout. The lower the Complaint Index, the better a company's performance in those matters. With a National Complaint Index of 1.0, Louisiana Farm Bureau comes out far ahead of other auto insurance providers in the state.
State Farm: cheap rates and overall customer favorite
State Farm has an average minimum-coverage car insurance premium of $86 a month, and an average full-coverage rate of $164 a month. State Farm's rates are significantly higher in Louisiana cities in part due to population density increasing the likelihood of an accident.
The table below shows how State Farm's average rates pan out in Louisiana's largest cities.
| City | Average monthly rate |
|---|---|
| Alexandria | $140 |
| Baton Rouge | $146 |
| Bossier City | $106 |
| Kenner | $157 |
| Lafayette | $129 |
| Lake Charles | $123 |
| Metairie | $150 |
| Monroe | $124 |
| New Orleans | $189 |
| Shreveport | $112 |
| Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary. | |
Despite having high rates in metropolitan areas of Louisiana, State Farm remains popular with drivers. Nationally, it has a 16.2% market share for auto insurance premiums written, with GEICO in second place, at 13.6% according to the Insurance Information Institute. Part of State Farm's popularity is its customer service. In J.D. Power's 2021 U.S. Auto Insurance Study, State Farm earned 859 out of 1,000 for overall customer satisfaction in the Southeast region, making it the highest-ranked provider of the auto insurers we looked at.
USAA: cheap rates and best for military
USAA's average minimum auto insurance rate in Louisiana is $91 a month, and its full-coverage rate is $171 a month. The following table shows USAA's rates in Louisiana's biggest cities.
| City | Average monthly rate |
|---|---|
| Alexandria | $158 |
| Baton Rouge | $171 |
| Bossier City | $119 |
| Kenner | $188 |
| Lafayette | $161 |
| Lake Charles | $154 |
| Metairie | $182 |
| Monroe | $158 |
| New Orleans | $203 |
| Shreveport | $136 |
| Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary. | |
If you're an active or veteran military personnel looking for car insurance, USAA is an excellent choice. USAA has auto insurance coverage tailor-made for Armed Forces members. For example, if you're serving overseas, USAA can provide car insurance coverage while you're deployed, which is nearly impossible to find from other auto insurance providers. And if you need to store your car while you're deployed, USAA offers a reduced premium.
It's unfortunate that USAA only provides auto insurance coverage to military members and their families, as USAA's customer care is often considered the industry benchmark. J.D. Power gave USAA a rating of 890 out of 1,000 in the Southeast, compared to the regional average of 847. J.D. Power doesn't rank USAA among other auto insurance companies because of its restricted customer base. Otherwise, USAA would be at the top.
The National Association of Insurance Commissioners gave USAA a Complaint Index of 0.8. While not as low as State Farm's Complaint Index, USAA still comes in well under the National Complaint Index of 1.0.
Cheapest car insurance rates in Louisiana by city
Car insurance rates tend to be high above the Louisiana average of $135 a month in the state's larger cities. Bossier City has the cheapest minimum car insurance rate, with Louisiana Farm Bureau at $71 a month. However, at the high end, GEICO has an average rate of $1,392 a month in New Orleans. Your car insurance rate is affected by other factors including:
- The make and model of your car
- The car's age
- Your personal driving history
- Your auto insurance claim history
The table below shows how the average rates of the major car insurance providers compare in Louisiana's cities.
| City | GEICO | LA Farm Bureau | Progressive | Safeway | State Farm | USAA | Allstate |
|---|---|---|---|---|---|---|---|
| Alexandria | $923 | $112 | $326 | $238 | $140 | $158 | $229 |
| Baton Rouge | $1,046 | $122 | $355 | $307 | $146 | $171 | $288 |
| Bossier City | $781 | $71 | $218 | $157 | $106 | $119 | $227 |
| Kenner | $1,095 | $119 | $379 | $305 | $157 | $188 | $260 |
| Lafayette | $819 | $107 | $283 | $253 | $129 | $161 | $244 |
| Lake Charles | $874 | $94 | $285 | $260 | $123 | $154 | $243 |
| Metairie | $1,067 | $110 | $377 | $317 | $150 | $182 | $255 |
| Monroe | $876 | $97 | $282 | $240 | $124 | $158 | $252 |
| New Orleans | $1,392 | $127 | $396 | $353 | $189 | $203 | $392 |
| Shreveport | $855 | $85 | $241 | $204 | $112 | $136 | $227 |
| Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary. | |||||||
Louisiana auto insurance requirements
Louisiana requires registered drivers to carry the following amounts of liability auto insurance:
- Bodily injury per person: $15,000
- Bodily injury per accident: $30,000
- Property damage liability per accident: $25,000
You should seriously consider increasing your liability limits beyond what Louisiana state law requires. In the event of a serious accident, the cost of an extended hospital stay or a long court case could easily go beyond these limits. If the costs exceed your policy limits, you'll have to pay the remainder out of pocket. In order to avoid this, we recommend increasing your liability limits to the following:
- Bodily injury per person: $100,000
- Bodily injury per accident: $300,000
- Property damage liability per accident: $100,000
Methodology
We used Quadrant Information Services to generate thousands of car insurance quotes from every ZIP code in Louisiana from the following providers:
- Allstate
- GEICO
- Louisiana Farm Bureau
- Progressive
- Safeway Insurance
- State Farm
- USAA
Our sample driver is a 35-year-old male with a clean driving record who drives a 2012 Honda Accord LX 13,500 miles per year.
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