Key Takeaways
- State Farm has the cheapest rates for minimum- and full-coverage auto insurance in Shreveport, Louisiana.
- The average cost of full-coverage car insurance in Shreveport is $286 a month. This is more than twice the state average rate of $127 a month.
- Car insurance in Shreveport is also higher than the national average of $81 a month.
- While USAA may have the cheapest rates for car insurance in some categories, only members of the military and their families qualify for coverage.
In this article
The cheapest car insurance companies in Shreveport, LA
Cheapest overall: State Farm
Best local insurer: Farm Bureau
Most Shreveport drivers find the cheapest rates for minimum- and full-coverage car insurance with State Farm. It charges an average rate of $71 a month for minimum coverage and $144 for full coverage. State Farm also has the cheapest average rates for:
- Drivers with an accident on their record
- Drivers with a DUI on their record
- Senior drivers
For drivers in Shreveport looking for a provider close to home, Louisiana Farm Bureau is your best, cheapest option. Established in 1922, Louisiana Farm Bureau has been providing car insurance to Caddo Parish residents with an understanding of what they need, including the area's rural residents.
Your final car insurance quote is based on multiple factors. In order to find which insurer is going to have your best, cheapest coverage, compare quotes from multiple providers.
See how much you could save with a new car insurance policy
Shreveport car insurance state minimums
Louisiana state law requires drivers to carry liability insurance for personal injury and property damage liability. All policies must include at least 15/30/25 coverage.
| Coverage type | Coverage minimums |
|---|---|
| Bodily injury liability | $15,000 per person/ $30,000 per accident |
| Property damage liability | $25,000 per accident |
Cheapest minimum-coverage auto insurance rates in Shreveport: State Farm
State Farm has the cheapest rates for minimum-coverage car insurance in Shreveport, with an average rate of $71 a month.
| Company | Average monthly rate |
|---|---|
| State Farm | $71 |
| Farm Bureau | $82 |
| Progressive | $105 |
| Allstate | $173 |
| Safeway | $188 |
| GEICO | $201 |
| USAA | $74 |
| Rates are for minimum-coverage car insurance for a 35-year-old male with a good driving record. | |
Cheapest full-coverage auto insurance rates in Shreveport: State Farm
State Farm has the cheapest rates for full-coverage car insurance in Shreveport, with an average rate of $144 a month.
| Company | Average monthly rate |
|---|---|
| State Farm | $144 |
| Farm Bureau | $148 |
| Safeway | $251 |
| Progressive | $287 |
| Allstate | $454 |
| GEICO | $570 |
| USAA | $145 |
| Rates are for full-coverage car insurance for a 35-year-old male with a good driving record. | |
Full-coverage policies are normally the combination of liability, comprehensive and collision coverages. However, you may also add coverage for medical payments, towing costs, rental fees and more.
Cheapest car insurance in Shreveport for drivers with bad credit: Safeway
The cheapest car insurance for Shreveport drivers with bad credit can be found at Safeway. It charges an average monthly rate of $251 for full-coverage policies.
| Company | Average monthly rate |
|---|---|
| Safeway | $251 |
| Farm Bureau | $267 |
| State Farm | $337 |
| Progressive | $518 |
| Allstate | $555 |
| GEICO | $868 |
| USAA | $231 |
| Rates are for full-coverage car insurance for a 35-year-old male with poor credit and a good driving record. | |
Shreveport drivers with bad credit pay higher car insurance premiums. This is partly due to studies linking credit scores with overall driving risk. Some states don't permit the use of credit scores in the calculation of car insurance quotes, including California, Hawaii, Maryland, Massachusetts and Michigan.
Cheapest car insurance for drivers with a prior incident
Farm Bureau has the cheapest rates for Shreveport drivers with a speeding ticket on their insurance record. State Farm has the best rates for drivers in Shreveport with accidents and/or DUIs.
Cheapest for drivers with a speeding ticket: Farm Bureau
If you have a speeding ticket on your insurance record, Farm Bureau has the cheapest rate in Shreveport at $142 a month. State Farm is close behind at $144 a month.
| Company | Average monthly rate |
|---|---|
| Farm Bureau | $142 |
| State Farm | $144 |
| Safeway | $227 |
| Progressive | $276 |
| Allstate | $435 |
| GEICO | $505 |
| USAA | $139 |
| Rates are for full-coverage car insurance for a 35-year-old male with one speeding ticket on his driving record. | |
In Louisiana, a speeding ticket stays on your insurance record for three years, during which time you'll probably see your rates go up. If you have another speeding ticket during that time, expect to see your rates go up even more.
Cheapest for drivers with an at-fault accident: State Farm
Shreveport drivers with an accident on their record find their cheapest car insurance with State Farm, at an average rate of $155 a month.
| Company | Average monthly rate |
|---|---|
| State Farm | $155 |
| Farm Bureau | $158 |
| Safeway | $270 |
| Progressive | $344 |
| Allstate | $519 |
| GEICO | $673 |
| USAA | $161 |
| Rates are for full-coverage car insurance for a 35-year-old male with one at-fault accident on his driving record. | |
On average, an auto accident in Shreveport will increase your car insurance premium by 12%.
Cheapest for drivers with a DUI: State Farm
If you have a DUI on your record, State Farm has the cheapest rate of $144 a month. Farm Bureau is the next-cheapest option at $166 a month.
| Company | Average monthly rate |
|---|---|
| State Farm | $144 |
| Farm Bureau | $166 |
| Safeway | $287 |
| Progressive | $316 |
| Allstate | $474 |
| GEICO | $753 |
| USAA | $170 |
| Rates are for full-coverage car insurance for a 35-year-old male with one DUI on his driving record. | |
On top of an increase in your car insurance premium, there are many files and penalties that Louisiana drivers with first-offense DUIs face including:
- $300 to $1,000 in fines
- Minimum of two days in jail
- A court-appointed substance abuse program
- Participation in a driver improvement program
Get cheap car insurance in Shreveport
Cheapest car insurance for senior drivers: Farm Bureau and State Farm
Senior drivers in Shreveport find the cheapest car insurance with State Farm and Farm Bureau. Both companies offer the same average rate of $150 a month.
| Company | Average monthly rate |
|---|---|
| State Farm | $150 |
| Farm Bureau | $150 |
| Safeway | $201 |
| Progressive | $264 |
| Allstate | $466 |
| GEICO | $665 |
| USAA | $155 |
| Rates are for full-coverage car insurance for a 65-year-old male with a clean driving record. | |
Shreveport seniors pay slightly higher auto insurance rates than some of their younger counterparts. This is mostly due to higher risk that comes with slower reaction time behind the wheel with age. Senior drivers still pay lower rates than teenagers.
Cheapest car insurance for young drivers: Farm Bureau
Young drivers in Shreveport find their cheapest car insurance rate with Farm Bureau, at an average of $337 a month.
| Company | Average monthly rate |
|---|---|
| Farm Bureau | $337 |
| State Farm | $455 |
| Safeway | $617 |
| Allstate | $1,015 |
| Progressive | $1,379 |
| GEICO | $1,666 |
| USAA | $302 |
| Rates are for an 18-year-old male with a clean driving record. | |
Due to their relative inexperience driving, teens tend to pay high car insurance rates compared to older drivers. If you have a teen driver living in your home, consider getting them on an adult's policy to save money.
Cheapest car insurance for married drivers: Farm Bureau
Married drivers in Shreveport find the cheapest car insurance from Farm Bureau. Its average rate for married drivers is $135 a month.
| Company | Average monthly rate |
|---|---|
| Farm Bureau | $135 |
| State Farm | $144 |
| Safeway | $212 |
| Progressive | $232 |
| Allstate | $432 |
| GEICO | $606 |
| USAA | $130 |
| Rates are for full-coverage car insurance for a married 35-year-old male with a good driving record. |
Married drivers can pay lower rates than single drivers in the same age range. This is because many providers consider being married as an indicator of safety.
Car insurance laws in Shreveport
SR-22 insurance
In Shreveport, drivers with serious driving offenses, such as a DUI, are required to obtain an SR-22 form to remove a driving suspension. An SR-22 is proof of financial responsibility, showing that the bearer carries the minimum required liability insurance limits. Your car insurance provider files the SR-22 with the DMV.
Shreveport car insurance: FAQ
What is the average cost of car insurance in Shreveport, LA?
The average cost of full-coverage auto insurance in Shreveport is $286 a month. This is more than twice the average state cost of $127 a month.
Who is the cheapest car insurance company in Shreveport?
USAA has the overall cheapest rates in Shreveport, however it only provides insurance to members of the military and their families. State Farm has the best rates for most drivers in Shreveport, at $71 a month.
Which insurance company has the cheapest rates for teen drivers?
Farm Bureau has the cheapest rates for teens, charging an average rate of $337 a month. State Farm has the next-cheapest at $455 a month.
Methodology
The rates shown in this article are based on an analysis of more than 300,000 auto insurance quotes obtained from Quadrant Information Services for sample drivers from across Shreveport, Louisiana.
Unless otherwise noted, our sample driver is a single 35-year-old 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 meeting the minimum liability limits required by the state.
Full coverage policies include the following coverages, limits and deductibles:
- Bodily injury liability: 100,000 limit per person/$300,000 limit per accident
- Property damage liability: $100,000 limit
- Collision: $500 deductible
- Comprehensive: $500 deductible
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