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Cheap SR 22 Auto Insurance in Louisiana: Best Companies & Quotes
While the law only requires individuals to carry minimum liability insurance, some auto lenders may require additional coverage, such as collision insurance. Whichever policy you end up getting, it’s important not to pay more than you have to. The best way to do this is by shopping around for the best deal. In addition to the usual factors like age and occupation that go into determining your insurance rate, your location matters as well. That’s why we’ve compiled a list of the cheapest auto insurance companies for the five biggest cities in Louisiana including New Orleans, Baton Rouge, Shreveport, Lafayette, and Lake Charles, Louisiana.
Best Car Insurance Companies in Louisiana
- Safeway
- Geico
- Allstate
- USAA
- Southern Farm Bureau
- Progressive
Safeway | Geico | Allstate | USAA | Southern Farm Bureau | Progressive | |
---|---|---|---|---|---|---|
AM Best Financial Strength Rating | A | A++ | A+ | A++ | A+ | A+ |
JD Power 2019 Overall Customer Satisfaction score | Not Rated | 4/5 | 4/5 | 5/5 | 5/5 | 3/5 |
Avg Annual Premium | $1,433 | $1,762 | $2,019 | $650 | $1,095 | $1,348 |
Consumer Reports Reader Score | N/A | 78 | 72 | 92 | N/A | 75 |
BBB Rating | A+ | A+ | A+ | Not Rated | A+ | A+ |
Auto Insurance Statistics in Louisiana
Louisiana is one of the states with the highest auto insurance rates. Drivers looking for affordable car insurance rates can benefit from learning how Louisiana ranks in the cost of car insurance when compared with other states nationwide.
Top 10 Cheapest Car Insurance Companies in Louisiana
Rank | Company Name | Avg. Annual Premium |
---|---|---|
1 | Southern Farm Bureau | $1,636 |
2 | USAA | $1,856 |
3 | MetLife | $1,873 |
4 | State Farm | $2,163 |
5 | Cal Casualty | $2,292 |
6 | Progressive | $2,336 |
7 | GEICO | $2,931 |
8 | Safe Auto | $2,972 |
9 | Allstate | $3,415 |
10 | Metropolitan | $3,692 |
Drunk Driving Fatalities
Drinking and driving is illegal yet all across the country this dangerous practice continues. Due to the potential for injury and even death, it is essential to avoid driving while under the influence of alcohol. Learning about the rate of drunk driving fatalities in Louisiana can provide insight into the level of risk drivers face. The National Highway Traffic Safety Administration has done a tally of the number of drunk driving fatalities in Louisiana vs. nationwide.
Drunk driving fatalities in Louisiana from 2013 to 2017
Teen Drinking and Driving
Teen drinking and driving in Louisiana has been less than the national average and indicates that fewer teens in the state are driving while under the influence when compared with the rate of teens drinking and driving across the country. The below statistics represent the percentage of Louisiana drivers that are teenagers who are drinking and driving when compared with national averages.
Teen Drinking & Driving in Louisiana vs. Nationwide (2017)
SR-22 Insurance in Louisiana
If you have your license suspended in Louisiana, you have a few different options if you want it to be reinstated. In most cases, you will be able to pay a $30,000 deposit with the state treasurer as a security deposit that prove your future financial responsibility. If this is unaffordable, you can purchase an SR-22 insurance policy.
An SR-22 policy is proof that you have a minimum level of coverage. Your insurance provider will be required to provide proof of your coverage and notify the DMV if you cancel or alter your current policy. This is done to ensure you can cover the costs of an accident.
Car Theft in Louisiana
Learning about the levels of car theft in Louisiana can provide insight into how often vehicular theft takes place. The rate of car theft appears to have been lower than the national average however, 2014 saw a spike in car insurance indicating an upward trend.
Vehicle thefts by rank nationwide vs. Louisiana
Uninsured Motorists in Louisiana
There are drivers that operate motor vehicles in Louisiana without any insurance coverage just like in other areas of the country. If you get into an accident with an uninsured driver, you will have to pay the upfront costs. This is why it is recommended to have uninsured and underinsured motorist coverage. The below data shows how well Louisiana ranks in the total number of reported uninsured motorists in the state in the year 2015.
Percentage of uninsured drivers (Top States in 2015)
New Orleans, LA
New Orleans is one of the most unique cities in the nation, with rich traditions in food, music, and culture. Unfortunately, if you want to drive here legally, you’re going to pay a hefty price for the insurance. New Orleans has the most expensive auto insurance in the state, with the average consumer paying well over $3,000 annually.
However, taking the time to shop around can lead to a substantially lower price. Southern Farm Bureau offers the cheapest prices on average for this city, at just over $2,200 per year – nearly a $1,000/year savings compared to the overall city average. Progressive, GEICO, State Farm, and Safe Auto round out the rest of the cheapest auto insurance providers for the Big Easy.
Baton Rouge, LA
- Southern Farm Bureau
- Progressive
- GEICO
- State Farm
- Safe Auto
Baton Rouge is Louisiana’s capital and enjoys a thriving economy. Although it may not get the same level of attention as New Orleans, it also has a healthy tourist industry, with a burgeoning art and theater scene. It’s also noted for hosting the Miss USA Pageant in 2014.
Auto insurance here tends to be pretty expensive as well, though not as bad as New Orleans. It ranks as the 8th most expensive place in the state to get your vehicle insured, with consumers paying an average of just under $2,500 yearly. There are discounts to be had, however. Once again, Southern Farm Bureau ranks as the cheapest option here, offering rates averaging around $2,000 per year. Here’s the full list of Baton Rouge’s most affordable and top auto insurance companies:
Shreveport, LA
- Southern Farm Bureau
- Progressive
- State Farm
- GEICO
- MetLife
Shreveport, Louisiana’s third largest city, is shrouded in history due to the prominent role it played during the Civil War. It’s also host to a military installation, the Barksdale Air Force Base.
Auto insurance in Shreveport is quite reasonable compared to the rest of the state. Although it’s one of the bigger cities in Louisiana, it’s the third cheapest place there to get auto insurance, with residents paying an average of about $1,850 yearly. Meanwhile, companies like GEICO, the cheapest option here, offer rates of less than $1,500 annually:
Lafayette, LA
- GEICO
- Progressive
- Southern Farm Bureau
- State Farm
- MetLife
Auto insurance rates in Lafayette, LA – the state’s fourth largest city – are approximately in line with the state average. The average driver here pays a little over $2,300 yearly, with the cheapest company offering average rates of $1,800:
Lake Charles, LA
- Southern Farm Bureau
- GEICO
- Progressive
- State Farm
- Safe Auto
The last city on our list, Lake Charles, has auto insurance rates that are similar to the state average. Residents here pay a bit under $2,300 annually, with the best deals coming from Progressive and GEICO, who offer rates around $1,760 each:
- Progressive
- GEICO
- Southern Farm Bureau
- State Farm
- Safe Auto
Types of Auto Insurance Coverage in Louisiana:
- Comprehensive Insurance Coverage
- Bodily Injury Liability Insurance
- Uninsured/Underinsured Motorist Bodily Injury Insurance
- Uninsured Motorist Property Damage Insurance
- Property Damage Liability Insurance
Minimum Requirements For Car Insurance in Louisiana
There are minimum requirements for car insurance in the state of Louisiana. According to Louisiana State Law, it is mandatory to have at least liability coverage for every registered driver who is operating a vehicle in the state.
Liability Coverage minimums for the state of Louisiana:
- $25,000 per single bodily injury or death
- $50,000 per multiple bodily injury or deaths
- $25,000 for property damage
New Driver License Requirements
New residents of Louisiana who plan on driving in the state have 30 days from their official date of residence to get a standard state driver’s license. If a driver has an out of state license that has been expired for just one year, they only need to pass the vision test to get a standard driver’s license.
Louisiana takes part in the Graduated License Program (GDL), which lets drivers get their driver license after they are eligible to obtain a full license. In order to get a learner’s permit, the applicant needs to be at least 15 years of age as well as having a parent or guardian sign off on the application.
Source: Louisiana Office of Motor Vehicles
Cheap Auto Insurance Discounts
Car insurance discounts are offered by many different car insurance companies in Louisiana and nationwide. Often these discounts aren’t advertised so consumers don’t get a chance to take advantage of them. At CheapAutoInsurance.co, we want to help you save as much as you can on your auto insurance rates. Browse the list below to see if any of the discounts apply to you for even more savings.
- Anti-theft discount
- Mature driver discount
- Military or Veteran discount
- Bundling insurance policies discount
- Senior citizen discount
- Car safety features discount
- Good student discount
- Defensive driving discount
- Low-mileage discount
- Multi-car auto insurance discount
- Infrequent usage discount
FAQ
General Louisiana Car Insurance
We’ll answer the basic questions about Louisiana car insurance in this section. Use this information to help you understand the answers in the other sections.
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What is full coverage auto insurance in Louisiana?
Who offers car insurance in Louisiana?
- Geico
- State Farm
- Nationwide
- Progressive
- Liberty Mutual
- Farm Bureau
- Allstate
Ask if they have car insurance military discounts if you're a member of the armed services.
What is bodily injury on a Louisiana auto insurance card?
How to pay car insurance in Louisiana?
How to take out a new car insurance policy in Louisiana?
How does Louisiana car insurance work?
Louisiana Car Insurance Laws
Every state has their own car insurance laws. This section answers your questions about car insurance laws in Louisiana.
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What is the minimum auto insurance coverage in Louisiana?
What’s the penalty for not having car insurance in Louisiana when not at fault in a crash?
What is the fine for a child not covered by car insurance in Louisiana?
How long do I have to buy high risk car insurance in Louisiana?
When should you add children to car insurance Louisiana?
What is the deadline for filing auto insurance after a collision in Louisiana?
What car insurance is required in Louisiana when financing?
How long you can go without car insurance Louisiana?
What do you need to do to store a car with no insurance in Louisiana?
What year did it become mandatory to have car insurance for Louisiana?
What happens if I drop the insurance on a car in Louisiana?
Do I have insurance when I drive my new car off the lot Louisiana?
What are basic requirements for auto insurance Louisiana?
How much is the penalty for no auto insurance in Louisiana?
In Louisiana, how long to change auto insurance for new car?
In Louisiana law, when does first DUI fall off traffic record for auto insurance?
In Louisiana, who is liable for a car without insurance?
How long can car insurance see your accident in Louisiana?
Louisiana Car Insurance Prices
Price is one of the most important things for people researching car insurance. We’ll answer your questions about prices for car insurance in Louisiana in this section.
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How much is car insurance in Louisiana?
Why is Louisiana car insurance so expensive?
Who has the cheapest car insurance in Louisiana?
What auto insurance is usually cheapest for first time drivers Louisiana?
How much is liability car insurance in Louisiana?
How much does car insurance cost per month in Louisiana?
What would the average auto insurance be for 18-year-old female in Louisiana?
Why is Louisiana car insurance going up?
How much does car insurance cost Louisiana?
What is the typical cost of car insurance in Louisiana for a new leased car?
Who has the best car insurance rates in Louisiana?
How to get cheap car insurance in Louisiana?
How much does a motorcycle safety course save on insurance?
Louisiana Car Insurance Claims and Coverage
If you have to use your car insurance, it’s important to understand the process. This section covers questions about claims and coverage in Louisiana.
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Explain how the Louisiana minimum auto insurance policies work if you are hit by a drunk driver?
What happens when an insurance company totals a car Louisiana?
How long does car insurance have to respond to claim Louisiana?
What is the insurance law for totaling a car in Louisiana?
Car accident in Louisiana without cops - how do you claim insurance?
Other Louisiana Car Insurance Questions
Car insurance is very complex, and there’s a lot of questions that don’t fit into our categories. We’ll answer those questions here.