Drivers in the state of Louisiana have some of the highest insurance rates in the country. To save money, drivers should shop around for the best car insurance in Louisiana. Although the state only requires drivers to carry liability insurance, many can’t afford basic coverage. Protect yourself and your vehicle by buying as much coverage as you can afford. Here’s what the best car insurance companies in Louisiana have to offer.
- State Farm: Best for high coverage limits
- Progressive: Best for discounts and savings
- Allstate: Best for coverage options
- Geico: Best for low prices
Compare the Best Car Insurance Companies in Louisiana
| Average Price for State Minimum* | Average Price for Full Coverage* | AM Best Financial Strength AM Best rates insurance providers creditworthiness. Ratings are based on the provider’s ability to follow through with a payout when a consumer files a claim. | J.D. Power Overall Customer Satisfaction J.D. Power scores are based on surveys for customer satisfaction and product quality. | ||
|---|---|---|---|---|---|
| Pin State Farm | $830 | $3,119 | A++ | 856 | |
| Pin Progressive | $1,067 | $3,099 | A+ | 828 | |
| Pin Allstate | $1,324 | $3,341 | A+ | 838 | |
| Pin Geico | $575 | $2,211 | A++ | 820 |
Information accurate as of July 2021
* Data provided by Bankrate.com
**J.D. Power 2021 Auto Insurance Satisfaction Study rating for the Southeast region. Based on a 1,000-point scale.
Best for high coverage limits
Why we chose it
Why we chose it
Pros
- The largest insurance carrier in the country based on policies written
- High-limit 500/500/500 car insurance is available
- File claims easily online or through the full-featured mobile app
Cons
- Higher premiums than other insurance carriers
- Insurance coverage options could be more innovative
- Lacking in discounts
Types of Coverage Offered
- Collision and comprehensive
- Property damage
- Rental car and travel expenses
- Rideshare
- Roadside assistance
- Uninsured/underinsured motorist
Discounts Available
- Accident-free
- Anti-theft devices
- Defensive driving course
- Drive Safe & Save app
- Driving training
- Good driver
- Good student
- Multi-car
- Multi-policy
- Passive restraint system
- Steer Clear app
- Student away at school
More State Farm Insurance Reviews
Best for discounts and savings
Why we chose it
Why we chose it
Pros
- Offers coverage for high-risk, hard-to-insure drivers
- Name Your Price lets you set a budget and choose the level of coverage you can afford
- Low, $100 deductible available
Cons
- No accident forgiveness available
- Customer reviews rank Profressive low in claims satisfaction
Types of Coverage Offered
- Custom parts and equipment
- Deductible savings bank
- Gap insurance
- Rideshare
- Rental car reimbursement
- SR-22 policies
Discounts Available
- Automatic payments
- Continuous insurance
- Distant student
- Good student
- Insurance bundles
- Multi-vehicle
- Online quote
- Paperless billing
- Pay in full
- Snapshot® safe driver program
- Teen driver
More Progressive Insurance Reviews
Best for coverage options
Why we chose it
Why we chose it
Pros
- Rideshare drivers can buy extra coverage
- Coverage for expensive vehicle upgrades such as high-end sound systems
- Provide a claims-satisfaction guarantee
Cons
- Claims can’t be filed through the mobile app
- Missing some common discounts
Types of Coverage Offered
- Classic cars
- Collision and comprehensive
- Rental reimbursement
- Roadside coverage
- Sound system insurance
- Uninsured and underinsured motorist coverage
Discounts Available
- Anti-lock brakes
- Anti-theft devices
- Automatic payments
- Multi-policy
- New car
- Paperless
- Pay-in-full
- Responsible payer
- Safe driver
- Smart student
More Allstate Insurance Reviews
Best for low prices
Why we chose it
Pros
- Low annual premiums
- Above-average customer satisfaction
- Many discounts
Cons
- Few local agents available
- No gap coverage
Types of Coverage Offered
- Liability
- Medical payments
- Uninsured & underinsured motorist
- Collision
- Comprehensive
- Roadside assistance
- Rental reimbursement
- Mechanical breakdown
Discounts Available
- Vehicle equipment features
- New vehicle
- Good driver
- Seat belt use
- Defensive driving
- Driver’s education course
- Good student
- Emergency deployment
- Membership & employee
- Military
- Multi-vehicleMulti-policy
More Geico Insurance Reviews
* Data provided by Bankrate.com.
**J.D. Power 2021 Auto Insurance Satisfaction Study rating for the Southeast region. Based on a 1,000-point scale.
The Average Cost of Car Insurance in Louisiana
Louisiana is the most expensive state in the country for car insurance, according to the 2021 rate data from Bankrate.com that we used in our analysis. Bankrate.com reports that full coverage in Louisiana costs an average of $2,724 per year. Buying state minimum coverage is also expensive at an average of $975per year.
Rates are higher than average in Louisiana because of the number of uninsured motorists on the road. It’s a vicious circle — accidents caused by uninsured drivers cause insurance rates to increase for everyone else. And as rates increase, some drivers can no longer afford insurance, adding to the number of uninsured motorists on the road. It’s vital to shop around and compare car insurance prices to make sure you’re getting the best deal.
Top 3 Cheapest Car Insurance Companies in Louisiana
| Company | Average Annual Full Coverage Premium* |
| Southern Farm Bureau | $1,871 |
| USAA | $2,035 |
| Geico | $2,211 |
* Data provided by Bankrate.com.
Top 3 Most Expensive Car Insurance Companies in Louisiana
| Company | Average Annual Full Coverage Premium* |
| AAA | $4,197 |
| Allstate | $3,341 |
| State Farm | $3,119 |
* Data provided by Bankrate.com.
Top 3 Cheapest Cities for Car Insurance in Louisiana
| City | Average Annual Full Coverage Premium* |
| Sarepta | $2,143 |
| Springhill | $2,154 |
| Cullen | $2,154 |
* Data provided by Bankrate.com.
Top 3 Most Expensive Cities for Car Insurance in Louisiana
| City | Average Annual Full Coverage Premium* |
| New Orleans | $4,234 |
| Arabi | $3,816 |
| Chalmette | $3,804 |
* Data provided by Bankrate.com.
Guide to Louisiana Car Insurance
If you’re new to Louisiana, you’ll need to change your driver’s license for a Louisiana one in person at an Office of Motor Vehicles location. A vision exam will be required. You’ll have 30 days to register your out-of-state car, but need to have Louisiana auto insurance coverage first.
- Louisiana is an at-fault state. Drivers are financially responsible for the accidents they cause, although 13% of drivers don’t have car insurance.
- Louisiana recently passed tort reformation laws to reduce the cost of car insurance, but many don’t think car insurance rates will drop for at least one year.
- Among the best car insurance companies in Louisiana, State Farm has announced insurance rate cuts in the state to bring drivers some relief.
Car Insurance Add-Ons That Will Further Protect You
Based on the high insurance rates in the state and the number of uninsured motorists who could leave you holding the bag after an accident, consider the following car insurance add-ons to expand your protection.
- Collision coverage: The best car insurance in Louisiana should include collision and comprehensive coverage. The state only mandates a minimum amount of liability insurance. If you’re driving a newer-model vehicle and have an accident, you should know that the minimum liability coverage will not pay for damage to your vehicle.
- Comprehensive coverage: In addition to collision insurance, comprehensive coverage will protect your car and its contents against damage from fire, flooding and storms. Considering that Louisiana is prone to hurricanes, tornadoes and extreme weather, comprehensive coverage adds a layer of protection.
- Uninsured/underinsured motorist coverage (UM/UIM): If you’re in an accident with someone who doesn’t have enough insurance (or none at all), UM/UIM insurance will step in to pay for the losses they caused you.
- Rideshare insurance: Many people don’t realize that making food deliveries or driving for Lyft or Uber isn’t included in a standard insurance policy. Add rideshare insurance to protect you financially if you’re at fault for a crash while you’re working. The best car insurance companies in Louisiana offer the coverage for as little as $10 extra per month.
Louisiana Minimum Insurance Requirements
All drivers in the state of Louisiana must have a minimum of 15/35/25 in liability coverage. Wondering what those numbers mean? Take a closer looks at how much, exactly you need:
- $15,000 bodily injury coverage per person
- $30,000 bodily injury coverage per accident
- $25,000 property damage coverage per accident
Although having this amount of coverage is perfectly legal, liability insurance does not cover your vehicle if you cause an accident. In addition, if you cause an accident with higher costs than your insurance provides, you’ll need to pay the rest out of pocket. If you find yourself responsible for another driver’s $50,000 in medical bills, your insurance company will only help you out with the first $15,000. That leaves you to pay the remaining $35,000 on your own.
Louisiana Car Insurance FAQ
Methodology
Reviews.com reviews products, services and companies based on five criteria to help readers understand how companies compare based on similar metrics. For the best car insurance companies, our editorial team compared affordability, customer support, coverage options, customer satisfaction scores and online resources from each company to determine top providers.
As for average pricing, we used Bankrate.com’s data of car insurance in Louisiana, based on the profiles of a 40-year male and female. For full coverage, the details used were the following:
- $100,000 bodily injury liability per person
- $300,000 bodily injury liability per accident
- $50,000 property damage liability per accident
- $100,000 uninsured motorist bodily injury per person
- $300,000 uninsured motorist bodily injury per accident
- $500 collision deductible
- $500 comprehensive deductible
To determine minimum coverage limits, Bankrate used minimum coverage that meets each state’s requirements. Our base profile drivers own a 2019 Toyota Camry, commute five days a week and drive 12,000 miles annually.
These are sample rates and should only be used for comparative purposes.
About the Authors
Cynthia Paez Bowman is a contributing writer for Reviews.com. Over the last two years, she has covered insurance, home security and more. She has been featured in MSN, Bankrate, Coverage.com, The Simple Dollar and GOBankingRates. She has dual bachelors degrees in International Business and Journalism from American University in Washington, D.C. “Is It Getting Harder to Get Home Insurance in High-Risk Areas?” is Cynthia’s favorite story on Reviews.com.
