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Louisiana Affordable Car Insurance & Minimum Requirements, plus Best Insurers by Rate & Age

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Updated November 2nd, 2020

Based on your age, location, and driving history in Louisiana, the cheapest auto insurance companies overall are Southern Farm Bureau, Progressive, and GEICO.

All three carriers are from 23 to 36% cheaper than other carriers for drivers from 25 to 55 years of age.

You would want to put other insurers on your bucket list to get quotes are State Auto, State Farm, and Allstate.

Again, depending on your driving history and location, you should be able to find quotes from 14 to 23% lower than other carriers for drivers of the same age and profile.

Two other insurance companies that do well are MetLife and Travelers.

Both carriers are well worth getting quotes from since they can average from 9% to 21% cheaper than other insurers’ comparable quotes.

It would be wise to put all 8 carriers on your list of quotes.

While each quote can be location-dependent, any of the previously mentioned carriers can offer low driver rates.

In this article, I will cover the minimum coverage requirements in Louisiana, the least expensive carriers by price, and a few cost-saving strategies to help you save on your premium over the long term.

If you would like to skip to a certain portion of the article, please use the table of contents down a little and to the right.

Louisiana Minimum Car Insurance Requirements

Louisiana requires each motorist to carry an absolute minimum liability policy for their car to cover damages to the other person’s property and any hospital bills they suffer from the accident.

The minimum requirements for bodily injury liability and property damage liability in the state of Louisiana are 15,000/30,000/25,000.

CoverageLouisiana Minimum Liability CoverageRecommended Coverage
Bodily Injury Protection$15,000 / $30,000$15,000 / $30,000
Property Damage$25,000$25,000
Uninsured Motorist Coverage*Optional$10,000 / $20,000
Underinsured Motorist Coverage*(Optional)Combined with Uninsured Motorist
Medical PaymentsOptional$5,000 limit
Comprehensive CoverageOptional$500 deductible
Collision CoverageOptional$500 deductible

*Coverages can be rejected.

Bodily Injury Liability

If the insured party is held answerable for the accident, bodily injury liability covers the hospital charges for passengers in the other automobile.

If the minimum coverage is purchased, the insurance firm will pay $15,000 for a single person up to $30,000 for all passengers concerned in the accident.

Louisiana cheapest premium choices for a 25 year old.Note: The average premium for a 25 y/o in Louisiana is over $3,000 per year. The least expensive illustrated is Southern Farm Bureau at $2,554 for full coverage. Other carriers offering cheap quotes in Louisiana are Progressive and State Auto. With prices at $2,667 and $2,705 per year. For more details, please see the rate table below.

Property Damage Liability

This insurance covers damages to the other person’s automobile and public or private property, which might have been concerned in the accident.

Under minimum coverage, the insurer will pay up to $25,000 to cover losses sustained in the accident.

Lowest premium options by carrier for a 30 year old.Note: The lowest carriers I queried are Southern Farm Bureau, Progressive, and GEICO for a 30-year-old. I queried each at $1,844, $1,890, and $1,955 per year for 30 year old driver. State Auto and State Farm offer the cheapest premium than the median quote with prices at $1,958 and $1,998.

Cheap Auto Insurance in Louisiana by Age

Below is a list of 12 reputable insurance companies for drivers from 25 to 55 years of age.

Depending on your location and previous driving history, the cheapest auto insurance companies in Louisiana will be Southern Farm Bureau, Progressive, and GEICO.

Southern Farm Bureau can offer quotes from 24% to 36% lower than the median rate consistently throughout Louisiana.

Progressive and GEICO and equally competitive for any driver with a good driving history.

At times, Progressive and GEICO offer lower quotes than Southern Farm Bureau. Particularly for older drivers.

Other insurers you would want to get quotes from are State Auto, State Farm, and Allstate.

State Auto can offer quotes from 21 to 30% lower than the median rate for drivers of similar age and profile.

And location-dependent State Auto is as competitive as GEICO or Progressive.

State Farm and Allstate offer quotes from 14 to 23% lower than the median rate.

Each should be on your list to get quotes since either State Farm, or Allstate may offer quotes near 30% lower depending on your age and driving history.

Two other carriers that “fly under the radar” but are well worth getting quotes from are MetLife and Travelers.

Although MetLife and Travelers normally do not offer quotes as low as Southern Farm Bureau or Progressive, each carrier can offer you a premium from 9 to 21% lower than the median quote.

Another company to get quotes from is Louisiana Farm Bureau.

They do not offer the cheapest quotes; however, the consumer rating is excellent. Particularly for claims service.

With the 9 carriers list, you have a blend of regional and national companies to help you find the cheapest auto insurance rate possible.

Louisiana CompanyAverage Rate 25 Y/O Driver30 Y/O Driver35 Y/O Driver40 Y/O Driver45 Y/O Driver55 Y/O Driver
Southern Farm Bureau$2,554$1,844$1,576$1,187$899$711
Progressive$2,667$1,890$1,587$1,190$943$765
GEICO$2,689$1,955$1,687$1,244$986$854
State Auto$2,705$1,958$1,688$1,376$990$876
State Farm$2,744$1,998$1,721$1,299$1,054$860
Allstate$2,805$2,076$1,744$1,387$1,098$923
MetLife$2,846$2,088$1,766$1,453$1,076$879
Travelers$2,919$2,243$1,789$1,532$1,143$987
Nationwide$3,033$2,280$1,800$1,476$1,158$990
Encompass$3,076$2,347$1,832$1,487$1,165$954
Liberty Mutual$3,132$2,476$1,845$1,432$1,230$943

Least expensive auto insurance for a 35 year old in Louisiana.Note: As illustrated, a 35 y/o driver can find cheaper premiums with Southern Farm Bureau and Progressive. I queried each at $1,576 and $1,587 per year for full coverage, which is 21% cheaper than the median quote for similar age drivers in Louisiana.

Lapse of Insurance & Reinstatement Fees

If you have a lapse in your insurance in the state of Louisiana, then you may be required to pay the following fees to reinstate your license:

  • 1 to 10 days uninsured – fee: $0

  • 11 to 20 days uninsured – fee: $50.00

  • 31 – 90 days uninsured – fee: $125.00

  • Over 90 days uninsured – fee: $225.00

Louisiana lowest premium options for a 40 year old.Note: A 40 y/o driver in Louisiana can pay the cheapest premiums with Southern Farm Bureau, Progressive, and State Farm. I queried each at $1,187, $1,190, and $1,299 per year. Any age driver in Louisiana should put all carriers, including GEICO and State Auto, on their list of quotes.

Filing of “Non-Use” to OMV

An important thing to realize in the State of Louisiana is if you are not going to be using your vehicle, you cannot simply let your insurance lapse.

You are required to file a statement of “non-use” to the office of motor vehicles (OMV), and you have to submit it ten days before the insurance lapses.

The other option is to bring your license plate to OMV, and you will not incur any fees to reinstate your license.

Comparing cheap auto premiums for a 45 year old.Note: For a 45-year-old driver in Louisiana, I found the cheapest coverage with Southern Farm Bureau, Progressive, and State Auto. I queried each at $899, $943, and $990 per year, which is nearly 29% cheaper than the statewide average premium.

Tort Law Claims in the State

Louisiana follows tort law concerning car insurance, and people who are hurt in an auto accident, which was not their fault, have the right to bring the at-fault driver to court.

Louisiana has mandated drivers have at least liability coverage to mitigate the amounts of lawsuits and/or court claims.

Showing affordable premium choices for a 55 y/o driver in Louisiana.Note: A 55-year-old driver in Louisiana can find two carriers for less than $800 per year. Southern Farm Bureau and Progressive offer the cheapest premiums with prices at $711 and $765 respectfully per year, which is nearly 31% lower than the median quote for similar age drivers in Louisiana.

Reporting System in Use for Uninsured Drivers

Another important fact is that the state uses a reporting system with the insurers and brokers to track down those uninsured, effective in Bossier City, Crowley, and Morgan City. 

Even if you are not driving your vehicle, you could receive a letter in the mail stating you are uninsured; then, the applicable fees above will apply if you want to reinstate your policy.

Best Insurer by Rate Change, Complaints, & Consumer Rating

Below is a list of 15 top insurance companies in Louisiana by written premiums, rate change over a 12 to 18 month period, complaints, and consumer rating.

The statistics most important to you are the rate change, complaints, and consumer rating.

The rate change average in Louisiana for most insurers is approximately 3%.

However, some insurers have reported increasing drivers premium by 6% to 10% depending on location.

The data is inconclusive, and some experts think it has something to with the high volume of claims filed in Louisiana from hurricanes, etc.

If perhaps you get a traffic violation, your rate can increase significantly.

Depending on the violation, the premium increase can be for several years.

The number of complaints about each carrier is minimal. Nothing is out of the ordinary.

Data compiled for the table is from III.org, JD Power & Associates, and AM Best.

Consumer rating data is compiled from reputable online sources to get an average.

Louisiana CompanyPremiumsRate Change # of ComplaintsConsumer Rating out of 5 Stars
Safeco$55,881,479+2.7%23.9
MetLife$65,688,047+2.7%74.0
Nationwide$83,314,800+2.6%34.2
Liberty Mutual$65,319,534+2.2%04.4
Safeway$41,883,591+2.8%23.8
Louisiana Farm Bureau$104,923,744 +2.8%23.8
State Farm$771,483,303 +3.5%184.4
USAA$95,458,451+2.8%64.5
American Family$89,761,971+2.8%74.2
Progressive$267,698,586+2.4%94.4
Affirmative$75,854,328+2.9%213.9
Allstate$222,963,723 +3.4%64.4
Farmers$87,959,120+2.7%24.3
GEICO$175,118,333 +3.1%54.5
Encompass$95,678,893+3.1%73.8

Comprehensive & Collision Coverage Options

It is recommended in the state to carry comprehensive and collision coverage because of the location, particularly in larger cities such as New Orleans, La Place, and Metairie.

The state is known for hurricanes, and heavy rains may damage your vehicle, and “non-collision” or comprehensive will cover the damages.

If you have an unforeseen accident with another vehicle, collision coverage will cover the damages until the insurer determines who is at fault.

Average Rate by City in Louisiana

Location is a primary factor for insurance companies when determining your premium.

Below is a list of 27 moderately sized cities in Louisiana with the average premium.

In Louisiana, the price fluctuation varies wildly from $1,698 to $3,200 per year.

Therefore, your location will be a major part of the amount you pay for auto insurance in Louisiana.

If perhaps your quotes are significantly higher than those listed below, you may be a young driver, have a poor driving history, or poor credit.

When you are shopping for a premium in expensive states like Louisiana, your best option is to maintain a good driving history and get quotes from 5 or more carriers.

Then keep your premium up to date year by year.

Plus, inform the carrier of change of location or driving status.

If you would like a detailed comparison of quotes for largely populated cities in Louisiana, please read further below.

CityAverage RateCityAverage RateCityAverage Rate
Albany$1,894Galliano$2,487Opelousas$1,842
Amite$2,411Harahan$1,832Plaquemine$1,800
Arcadia$1,903Jeanerette$2,689Plattenville$1,946
Bastrop$2,135Livonia$2,218Ruston$2,076
Benton$1,903Mamou$2,032Slidell$2,008
Boyce$1,875Minden$1,832Sulphur$1,755
Crowley$1,877Napoleonville$2,043Thibodaux$1,950
DeRidder$2,054Natchitoches$1,798West Monroe$1,955
DeQuincy$1,698New Iberia$1,854Winnsboro$1,799

New Orleans, LA

New Orleans, LA cheapest insurance choices for a 30 and 45 y/o

If you aren’t getting the cheapest car insurance in New Orleans, Louisiana, you’re probably looking in the wrong place. 

To find quotes with 30% in savings, start with Southern Farm Bureau, Progressive, and GEICO.

Each queried at $2,411, $2,489, and $2,587 for a 30 year old driver with full coverage.

All three carriers are 30% cheaper than the city “mean” rate of $3,234.

For a 45-year-old driver, the lowest quotes are from the same carriers.

Southern Farm Bureau ($1,799), Progressive ($1,854), and GEICO ($1,903), which all are 45% lower than the citywide average.

State Auto and State Farm are approximately $200 more expensive.

A driver looking for savings should get quotes from all carriers illustrated.

Out of the 7 carriers queried, MetLife is the most expensive at $3,433 for a 30-year-old and $2,290 for a 45-year-old driver.

About 3% higher than the “mean” rate.

New Orleans Company30 Y/O Driver45 Y/O Driver
Southern Farm Bureau$2,411$1,799
Progressive$2,489$1,854
GEICO$2,587$1,903
State Auto$2,766$1,965
State Farm$2,900$2,065
Allstate$3,087$2,122
MetLife$3,433$2,290

Baton Rouge, LA

Baton Rouge affordable car premium options for a 30 and 45 y/o.

To find inexpensive quotes start with Southern Farm Bureau, which I queried at $2,121 for a 30-year-old driver.

Which is 29% lower than the “mean” rate of $2,754. Progressive is only $68 more at $2,189 or 28% lower than the citywide average rate.

I queried GEICO approximately 24% lower than the average rate at $2,321.

For a 45-year-old driver, the cheapest quotes are with Southern Farm Bureau, Progressive, and GEICO.

Each queried at $1,432, $1,531, and $1,589 for full coverage and 43% lower than the “mean” rate.

Out of the 7 insurers queried, the most expensive is Allstate at $2,621 for a 30-year-old and $2,021 for a 45-year-old.

Or at least 4% lower than the average premium within Baton Rouge.

Baton Rouge Company30 Y/O Driver45 Y/O Driver
Southern Farm Bureau$2,121$1,432
Progressive$2,189$1,531
GEICO$2,321$1,589
State Farm$2,450$1,620
MetLife$2,563$1,644
State Auto$2,589$1,722
Allstate$2,621$2,021

Shreveport, LA

Shreveport cheap premium choices for a 30 and 45 year old.

To find the cheapest car insurance in Shreveport, start by getting quotes from Progressive, Southern Farm Bureau, and GEICO.

I queried each at $1,621, $1,689, an $1,755 per year for a 30 year old driver. 

Which is 10% to 18% lower than the “mean” rate in Shreveport. 

The lowest is Progressive at $1,621, with full coverage for a 30-year-old.

Which is about 18% lower than the citywide “mean” quote.

Southern Farm Bureau and GEICO should be on your list to get quotes from since both carriers are at least 10% lower than the “mean” premium rate.

For a 45-year-old driver, I found the least expensive with Progressive at $1,044 for full coverage.

Followed by Southern Farm Bureau at $1,098, then GEICO at $1,127.

Progressive is 48% cheaper than the “mean” quote, while Southern Farm Bureau and GEICO are each 46% and 40% lower, respectfully.

Shreveport Company30 Y/O Driver45 Y/O Driver
Progressive$1,621$1,044
Southern Farm Bureau$1,689$1,098
GEICO$1,755$1,127
MetLife$1,780$1,244
State Farm$1,843$1,287
State Auto$1,890$1,300
Allstate$2,043$1,455

Lafayette, LA

Lafayette, LA lowest premium prices for a 30 and 45 year old.

Drivers can get the cheapest premiums in Lafayette by getting quotes from Southern Farm Bureau, Progressive, and GEICO.

Each queried at $1,867, $1,943, $2,033 respectfully for a 30 year old driver.

All three carriers are 22% lower than the “mean” rate of $2,519.

For a 45-year-old driver, the cheapest premiums are with Southern Farm Bureau, Progressive, and GEICO.

Each queried at $1,190, $1,267, and $1,290 for full coverage.

All three are at least 48% lower than the citywide average premium.

Out of the 7 carriers I queried, State Farm is the most expensive at $2,476 for a 30-year-old and $1,754 for a 45-year-old.

About 16% and 22% lower than the “mean” rate of Lafayette.

Lafayette Company30 Y/O Driver45 Y/O Driver
Southern Farm Bureau$1,867$1,190
Progressive$1,943$1,267
GEICO$2,033$1,290
State Auto$2,095$1,377
MetLife$2,176$1,476
Allstate$2,311$1,598
State Farm$2,476$1,754

Lake Charles, LA

Lake Charles, LA affordable premium prices for a 30 and 45 year old.

If you want to find the cheapest auto insurance in Lake Charles, get quotes from Progressive, Southern Farm Bureau, and GEICO.

Each queried at $1,820, $1,880, and $1,976 with full coverage for a 30 year old.

Which is 24% lower than the “mean” rate of $2,400 per year.

State Auto is $200 more than the cheapest carrier queried at $2,069.

For a 45-year-old driver, the lowest premium is Progressive at $1,211 for full coverage.

Which is nearly 50% cheaper than the citywide average premium.

Southern Farm Bureau is over $140 more at $1,354. GEICO is $200 more than Progressive at $1,432.

Lake Charles Company 30 Y/O Driver45 Y/O Driver
Progressive$1,820$1,211
Southern Farm Bureau$1,880$1,354
GEICO$1,976$1,432
State Auto$2,069$1,544
State Farm$2,132$1,587
MetLife$2,342$1,648
Allstate$2,476$1,865

Bossier City, LA

Bossier City cheapest premium options for a 30 & 45 year old.

If you want the least expensive coverage, get quotes from Progressive, Southern Farm Bureau, and GEICO.

Each queried at $1,487, $1,547, and $1,643 per year for a 30 year old driver.

All three carriers are 21% lower than the citywide “mean” premium of $1,903.

A 45-year-old driver can find cheap quotes with the same three carriers.

Progressive is the lowest at $985 for full coverage or 46% lower than the average premium.

Southern Farm Bureau I queried at $1,547 or 42% lower, while GEICO is $1,643 or 36% lower than the citywide premium price.

Out of the 7 carriers I queried, Allstate’s most expensive is $1,860 for a 30-year-old and $1,296 for a 45-year-old.

Each queried at 7% and 16% cheaper than the “mean” rate in Bossier City.

Bossier City Company30 Y/O Driver45 Y/O Driver
Progressive$1,487$985
Southern Farm Bureau$1,547$1,047
GEICO$1,643$1,085
State Auto$1,689$1,143
MetLife$1,768$1,186
State Farm$1,798$1,246
Allstate$1,860$1,296

Hammond, LA

Hammond, LA inexpensive premium choices for a 30 and 45 year old driver.

To get a lower monthly premium in Hammond, start by getting quotes from Southern Farm Bureau, Progressive, and GEICO.

Each queried at $1,876, $1,976, and $2,078 respectfully for a 30 year old.

With all three carriers, you can find cheap coverage $400 per year lower than the citywide “mean” rate of $2,487.

A 45-year-old can find cheap quotes with Southern Farm Bureau at $1,133 or 50% lower than the average premium.

Progressive is $40 higher at $1,174, while GEICO is $130 higher than the lowest carrier at $1,263.

Progressive and GEICO are 45% lower than the average premium in Hammond.

Hammond Company30 Y/O Driver45 Y/O Driver
Southern Farm Bureau$1,876$1,133
Progressive$1,976$1,174
GEICO$2,078$1,263
State Auto$2,187$1,389
MetLife$2,277$1,508
State Farm$2,476$1,621
Allstate$2,698$1,897

Resources & Office of Motor Vehicles Information

Department of InsuranceDepartment of TransportationOffice of Motor Vehicles
1702 N 3rd St, Baton Rouge, LA 70802
(225) 342-5900
1201 Capitol Access Rd, Baton Rouge, LA 70802
(877) 452-3683
3241 NW Evangeline Throughway, Lafayette, LA 70507
(337) 896-8121
WebsiteWebsiteWebsite

Sources

https://www.usa.gov

https://www.ldi.la.gov/docs

http://www.ldi.la.gov/consumers

https://www.farmers.com/louisiana/

https://www.lafarmbureau.com

https://www.geico.com/

Greg Fowler

Greg Fowler

Managing Member of AutoInsureSavings LLC, Greg has been in the insurance industry for 12 years and enjoys rebuilding vehicles. His goal is to help drivers save on anything related to automobiles. Travel and enjoying the outdoors are some of his hobbies. The best way to reach him is at his Twitter or Facebook Profile.

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