How Much Is Car Insurance In Louisiana?

For a long time, car insurance rates in Louisiana have been among the highest in the country, often significantly higher than other states. The average annual cost for full coverage is $3,849, which exceeds the national average of $2,629. Minimum coverage costs an average of $964 per year, which is also above the national average of $742.

In this article, we’ll explore the different types of car insurance available in Louisiana, their costs, and the factors that influence your rates. With over 12 years of experience as a licensed insurance agent, I’m here to help you make an informed choice.

Cost Of Car Insurance In Louisiana By Age

Insurance companies in Louisiana charge higher rates for younger drivers, especially those under 25, due to their lack of experience on the road. It’s not just teens who are affected; adults generally see their rates decrease as they gain more experience, but once they reach senior age, some insurance companies start increasing premiums again.

Below is a table showing the average car insurance costs by age:

Average Louisiana Auto Insurance Rates By Insurance Company

The car insurance company you select plays a big role in determining your premium. Rates can differ between companies, and some insurers offer more discounts than others. Each company uses its own criteria for setting rates and providing discounts.

This is why it’s important to shop around and compare quotes from different insurers to ensure you get the best coverage that fits both your needs and your budget.

Below is a table showing the average auto insurance rates from six major providers in Louisiana:

Average Louisiana Car Insurance Premiums By Credit Score

A good credit score can help reduce your car insurance premium. Many insurance companies find that people with good credit are less likely to file claims, so they often offer lower rates based on this factor.

Below is a table showing the average car insurance premiums based on different credit score categories in Louisiana.

Average Car Insurance Costs In Louisiana By Gender

Gender can affect car insurance rates in Louisiana. For example, teenage male drivers usually face the highest premiums. As drivers reach their 30s, the cost difference between genders tends to level out.

Here’s a table showing the average car insurance costs by gender in Louisiana:

Cost Of Louisiana Car Insurance By Driver Record

Accidents or traffic tickets on your driving record can significantly increase your insurance premiums, sometimes adding thousands of dollars to your costs each year. To keep your insurance rates low, it’s important to drive safely and avoid accidents or tickets. It’s also a good idea to review your driving record and ensure that any old violations are cleared so they no longer affect your rates.

Here is a table displaying average car insurance costs based on different driving records in Louisiana:

Average Louisiana Auto Insurance Costs By Marital Status

Your marital status can also influence your car insurance premium in Louisiana. Insurance companies have found that married drivers tend to file fewer claims than single drivers, making them less risky to insure. Because of this, married drivers may pay lower insurance rates compared to those who are single.

Here is a table displaying average car insurance costs by marital status in Louisiana:

Cost Of Car Insurance In Louisiana By Coverage Type

The type of coverage you select can greatly affect your car insurance costs. For instance, opting for liability-only insurance instead of full coverage can help you save a significant amount each year. However, it’s essential to ensure you have enough coverage to protect yourself financially in case of an accident, so don’t just settle for the lowest coverage available.

In Louisiana, drivers need to have at least $15,000 in liability coverage for bodily injury or death per person, $30,000 per accident, and $25,000 for property damage.

Here is a table displaying average car insurance costs by coverage type in Louisiana:

Average Louisiana Car Insurance Rates By City

Insurance companies look closely at your location when determining car insurance rates because it helps them understand the risks in your area. People living in big cities often face higher rates due to increased accidents, theft, and vandalism, which means they may pay more for car insurance compared to those in rural or small-town areas.

For example, New Orleans is the most populated city in Louisiana with a population of 380,000. It faces the highest rates.

In the following table, we explore the average car insurance costs in eight different Louisiana cities to illustrate these differences.

Average Louisiana  Car Insurance Rates By ZIP Code

Although you have control over where you live, you can’t influence how insurance companies set prices for specific ZIP codes. Some areas may have more claims, causing one insurer to raise rates in that location due to factors such as increased accidents, vandalism, and theft.

The table below shows the average car insurance rates in various Louisiana zip codes, highlighting how rates vary depending on the location.

Louisiana Car Insurance Prices Compared To Other U.S. States

Car insurance in Louisiana is higher than the national average. However, your rates can still vary based on factors like your driving record, age, and other personal details.

Understanding how Louisiana’s rates compare to other states can help you assess whether you’re getting a fair deal.

The table below includes the average car insurance rates across all U.S. states to give you a better idea of where Louisiana stands nationally.