The Cheapest Car Insurance Quotes In Lafayette, LA For 2024

In Lafayette, State Farm stands out for providing the cheapest choice, typically charging around $50 per month.

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Updated: 22 May 2024
Written by Bob Phillips
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When you’re on the hunt for the cheapest car insurance in Lafayette, Louisiana, you’ve got plenty of options to sift through. However, one company, State Farm, shines with its competitive prices. On average, folks in Lafayette can expect to shell out about $50 each month for car insurance from State Farm. That’s significantly lower than the state’s average of $208.

If you’re after the most affordable liability-only coverage, State Farm comes out on top. But if you need more comprehensive protection, Farm Bureau is your go-to, offering full coverage policies for $115 monthly. Now, for the young drivers out there, USAA is the best bet, kicking off at just $190 per month.

Cheapest Car Insurance Companies In Lafayette, LA

Our Methodology

By looking at customer service ratings, the types of products offered, prices, and carefully going through online reviews and feedback, I've gained a deep understanding of the car insurance scene in Lafayette, Louisiana.

This understanding comes from my 15 years of work in the industry as a licensed insurance agent. I've had lots of dealings with various insurance company reps and learned a lot from hands-on experience.

65

Quotes Analyzed

15+

Years Of Industry Experience

22

Brands Reviewed

35+

Research Hours

How Much Is Car Insurance In Lafayette, LA?

State Farm offers the cheapest car insurance in Lafayette, Louisiana, costing $200 each month. But, when you look at the rates in Louisiana and the whole United States, shown in the table below, you’ll see that these rates are significantly lower.

Area Average Monthly Rate
National $152
Louisiana $208
Lafayette, LA $200

It’s crucial to understand that when we talk about the national average cost, we’re looking at a blend of different states with their own insurance price tags. This includes states with pricey premiums like New York, New Jersey, and California, as well as states with lower costs such as Mississippi, Kentucky, and Wyoming. A bunch of things affect insurance rates, like the type of vehicle you drive, how much coverage you want, where you live, your driving record, and more. So, the rates you’ll get can vary a lot depending on where you are and your personal situation.

Cheapest Car Insurance Rates In Lafayette For Teenagers

Young drivers in Lafayette have the opportunity to get budget-friendly car insurance quotes from USAA. On average, they could pay around $270 per month for coverage.

Provider Average Monthly Cost Average Annual Cost
State Farm $425 $5,098
National General $550 $6,598
Direct Auto $600 $7,198
USAA $270 $3,236
Southern Farm Bureau $308 $3,694

Car insurance costs more for teenagers since they don’t have much driving experience yet. Insurance companies see them as risky because they’re more likely to get into accidents or break traffic rules.

Cheapest Car Insurance Rates In Lafayette For Minimum Coverage

In Lafayette, State Farm provides the cheapest auto insurance for basic coverage, averaging around $50 per month.

Provider Average Monthly Cost Average Annual Cost
Progressive $74 $886
GEICO $63 $756
Farm Bureau $60 $718
State Farm $50 $598
Allstate $120 $1,438

A basic auto insurance policy needs to have, at the minimum, these types of coverage:

  • $15,000 for bodily injury per person
  • $30,000 for bodily injury per accident
  • $25,000 for property damage per accident

Choosing the least car insurance coverage gives you some protection on the road, but it doesn’t include collision or comprehensive coverage. So, if something happens like an accident, theft, or a natural disaster, your own car won’t be taken care of.

Additionally, it’s against the law to drive without insurance in Louisiana. If you get pulled over and can’t show proof of insurance, you could face penalties like fines, losing your license, or even harsher punishments.

Cheapest Car Insurance Rates In Lafayette For Full Coverage

Farm Bureau provides the best deals on comprehensive car insurance in Lafayette, with typical prices averaging around $115 per month.

Provider Average Monthly Cost Average Annual Cost
State Farm $192 $2,302
GEICO $135 $1,618
AAA $215 $2,578
Progressive $153 $1,834
Farm Bureau $115 $1,378

Full coverage auto insurance offers broad protection that goes beyond the minimum legal requirements. Typically, it includes both comprehensive and collision coverage.

Comprehensive coverage shields against non-collision events such as theft, vandalism, or natural calamities. Meanwhile, collision coverage pays for damages to your vehicle from accidents, no matter who’s at fault.

Cheapest Car Insurance Rates In Lafayette For Seniors

USAA provides the best deals on car insurance for older folks in Lafayette. On average, they offer quotes around $138 monthly, which is quite affordable.

Provider Average Monthly Cost Average Annual Cost
Southern Farm Bureau $165 $1,978
National General $170 $2,038
Direct Auto $174 $2,086
USAA $138 $1,654
State Farm $157 $1,882

In Louisiana, older folks often get good deals on car insurance because of a few reasons that work in their favor. Even though how old you are usually affects how much you pay for insurance, it’s worth mentioning that just being older doesn’t always mean you’re a worse driver.

Cheapest Car Insurance Rates In Lafayette For Drivers With Prior Incidents

In Lafayette, people who have gotten into accidents, speeded, or driven under the influence and have a history of traffic violations might struggle to find cheap car insurance. These actions make insurance companies see them as risky drivers, meaning they’re more likely to make claims in the future. So, to cover potential costs, insurance companies raise their rates for these drivers.

Cheapest Car Insurance Rates In Lafayette For Drivers With A Speeding Ticket

Farm Bureau stands out for its affordability compared to its competitors, boasting monthly premiums averaging around $162, which is quite reasonable in the insurance market.

Provider Average Monthly Cost Average Annual Cost
Safeway $260 $3,118
Progressive $289 $3,466
Allstate $312 $3,742
Farm Bureau $162 $1,942
State Farm $232 $2,782

Cheapest Car Insurance Rates In Lafayette For Drivers With An At-Fault Accident

Farm Bureau provides the most affordable car insurance quotes for drivers who have been at fault in an accident, with an average cost of $180 per month.

Provider Average Monthly Cost Average Annual Cost
Safeway $315 $3,778
Progressive $354 $4,246
Allstate $368 $4,414
Farm Bureau $180 $2,158
State Farm $250 $2,998

Cheapest Car Insurance Rates In Lafayette For Drivers After A DUI

Farm Bureau stands out as the top choice for drivers who’ve had a DUI, offering the most affordable rates. For Lafayette residents, their monthly premiums typically come in at around $188 on average.

Provider Average Monthly Cost Average Annual Cost
Farm Bureau $188 $2,319
USAA $269 $3,286
Progressive $319 $3,623
Safeway $337 $4,042
Allstate $312 $3,742

Cheapest Car Insurance Rates In Lafayette For Young Adults

USAA offers the cheapest car insurance rates for young adults in Lafayette, typically costing about $190 monthly.

Provider Average Monthly Cost Average Annual Cost
Southern Farm Bureau $250 $2,998
State Farm $275 $3,298
Direct Auto $297 $3,562
USAA $190 $2,278
Clearcover $228 $2,734

In Louisiana, young adults usually get cheaper car insurance than teenagers do. This is because as people get older, they tend to drive more responsibly and take fewer risks on the road. Data shows that young adults are not as likely to make insurance claims, meaning they’re less likely to get into accidents. Because of this, insurance companies lower their rates for young adult drivers, acknowledging their safer driving habits and lower chances of needing to file a claim.

Cheapest Car Insurance Rates In Lafayette For Good Drivers

State Farm provides cheap car insurance quotes for responsible drivers in Lafayette, costing around $50 each month.

Provider Average Monthly Cost Average Annual Cost
Progressive $74 $886
GEICO $63 $756
Farm Bureau $60 $718
State Farm $50 $598
Allstate $120 $1,438

In Lafayette, drivers who have maintained clean driving records typically enjoy cheaper car insurance rates. Insurance providers analyze these records to evaluate driving habits and safety. Fewer accidents or traffic infractions suggest careful driving practices, which lowers the chances of needing to file a claim.

The cost of insurance is calculated based on the likelihood of a driver needing to make a claim. A flawless driving history indicates a reduced risk, resulting in significant savings on insurance premiums. Essentially, it boils down to assessing risk: the cleaner the record, the lower the perceived risk, and thus, the cheaper the insurance premiums.

 

Best Car Insurance Companies In Lafayette

In Lafayette, picking the right car insurance means more than just getting a good deal. It’s about finding a company that offers both affordable prices and trustworthy coverage while you’re out on the road. Here are the top 10 car insurance providers in Lafayette, Louisiana, sorted by their average monthly rates.

Company Monthly Premium
Clearcover $180
NatGen Advantage $230
Safeway $280
USAA $155
State Farm $190
Southern Farm Bureau $189
Safeco $192
Direct Auto $210
National General $302
Metropolitan $338

Average Car Insurance Rates By Age In Lafayette

Age Average Yearly Rate
Teenagers $7,025
20s $3,031
30s $1,989
40s $1,927
50s $1,838
60s $1,830
70s $2,126

Age plays a crucial role in how much you pay for car insurance. If you’re a younger driver, especially a teenager or young adult, you’ll likely have to shell out more because you’re considered riskier due to your lack of experience and higher chances of accidents or traffic tickets. But once you hit 25 and keep a clean driving record, your rates usually start going down.

The best deals on insurance usually go to folks in their 50s and early 60s. Insurance companies look at your age to figure out how long you’ve been driving and how likely you are to get into accidents, and they adjust your premiums accordingly.

Average Car Insurance Rates By Vehicle Type In Lafayette

Vehicle Average Monthly Rate
Buick Enclave $262
Toyota Camry Solara $365
Kia Rio $196
Toyota Corolla $155
Honda Accord $80

The car you own can greatly affect how much you pay for car insurance. Insurance companies look at things like the brand, model, year, and body style of your vehicle. Generally, newer and fancier cars with lots of tech and high replacement costs tend to have higher insurance prices.

On the flip side, older cars or ones that are cheaper to fix or replace might have lower insurance costs. Insurers care about these factors because they directly affect how much they might have to pay out for claims. For example, fixing up a luxury car usually costs more than a regular one.

Also, some car models known for being safe could get you a discount on insurance since they’re less likely to get into accidents or cause injuries.

 

How Much Is Car Insurance For Other Cities In Louisiana?

City Average Monthly Rate
Metairie $227
Monroe $193
New Orleans $269
Shreveport $170
Alexandria $217
Baton Rouge $234
Bossier City $162
Gretna $260
Hammond $210
Houma $175

Where you reside can affect how much you pay for car insurance. Insurers look at various things about your area, like how likely accidents are, how often cars get stolen, and how much vandalism happens. Cities usually have more of these risks, so people living there often pay more for insurance.

FAQs

Who has the lowest car insurance rates in Lafayette?

State Farm offers the cheapest car insurance rates in Lafayette for both the basic coverage mandated by Georgia state law and Farm Bureau provides the best rates for full coverage, including comprehensive and collision coverage.

What is the average cost of car insurance in Lafayette?

The typical price for car insurance in Lafayette is approximately $200 each month. The actual amount you pay can differ depending on factors like where you live, the make and age of your car, your driving history, and more.

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