Compare Cheap Auto Insurance in Louisiana

• Full coverage auto insurance in Louisiana costs $3,011 annually on average. Minimum coverage costs an average of $1,101 annually.
• Southern Farm Bureau and USAA have the lowest average rates for most driver profiles, but the latter is only available to the military community.
• State Farm and GEICO also tend to offer below-average rates, depending on the driver profile; State Farm also has a strong customer service record.

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• Cheapest full coverage auto insurance in Louisiana: Southern Farm Bureau ($1,952 annually) and USAA ($2,136 annually)
• Cheapest minimum coverage: Southern Farm Bureau ($754 annually) and USAA ($847 annually)
• Cheapest with a teen driver: Southern Farm Bureau ($4,477 annually) and USAA ($5,589 annually)
• Cheapest with a speeding ticket: Southern Farm Bureau ($1,967 annually) and USAA ($2,435 annually)
• Cheapest with an at-fault accident: Southern Farm Bureau ($2,407 annually) and USAA ($3,114 annually)
• Cheapest with a DUI: Southern Farm Bureau ($2,450 annually) and USAA ($3,672 annually)
• Cheapest with low credit: Safeway ($3,021 annually) and Southern Farm Bureau ($3,082 annually)

State Farm has the highest customer satisfaction ratings of the major national insurers available in Louisiana. Although it doesn’t have the cheapest rates, it does still tend to offer below-average premiums in the state, which would make it a good compromise between cost and customer experience. It’s also worth noting that Southern Farm Bureau is not ranked by J.D. Power, but it earned a spot on CRASH Network’s Honor Roll. And for eligible customers, USAA consistently ranks highly for satisfaction in third-party studies, with the exception of the CRASH Network Insurer Report Card.

1. Shop around: Although Southern Farm Bureau offers the cheapest average rates for most driver categories in Louisiana, that doesn’t necessarily mean it will be the cheapest company for you. Get quotes from multiple companies with the exact mix of coverages and limits you need to determine where you can get the best deal.
2. Take advantage of discounts: Auto insurance providers offer a variety of discounts to help you save, though availability varies by state and by insurer. Most provide a bundling discount for purchasing more than one policy type through the same insurer (e.g., homeowners/renters and auto), and it’s also worth looking into other common discounts such as good driver, good student (for young drivers), and safety equipment discounts.
3. Maintain good credit: In Louisiana, insurers can use your credit history as a factor when determining premiums, and drivers with poor credit pay 74 percent more, on average, than drivers with good credit. Keeping your credit in good standing or improving your credit if necessary can help you get lower rates.
4. Lower your coverage: If you have an older vehicle that is fully paid off, it may not make sense to pay for full coverage. Additionally, if you want to lower your premium even more, you can lower your liability limits. However, be aware that lower limits mean potentially paying significant out-of-pocket expenses in the event of a claim.

Average auto insurance premiums vary widely between cities in Louisiana. New Orleans, the most populous city, has the highest average rates at $4,694 per year — 56 percent above the state average. Meanwhile, Shreveport has significantly lower rates at $2,780 annually on average.

Louisiana law requires basic minimum auto insurance limits that all Louisiana drivers must carry in order to legally drive their car:

• Bodily injury liability: $15,000 per person/$30,000 per accident
• Property damage liability: $25,000 per accident

These limits offer a certain level of financial protection, but they are quite low and may leave you with large out-of-pocket expenses if you cause an accident. If you can afford to, we recommend increasing your liability limits and adding full coverage if you also want coverage for damage to your own vehicle.

We analyze average auto insurance premiums in Louisiana for full and minimum coverage for good drivers with good credit. We also analyzed rates for other driver profiles, including households with teen drivers, and individuals with at-fault accidents, DUIs, speeding tickets, or low credit. Full coverage averages use the following limits:

• Bodily injury liability: $100,000 per person/$300,000 per accident
• Property damage liability: $50,000 per accident
• Uninsured and underinsured motorist bodily injury: $50,000 per person/$100,000 per accident
• Comprehensive and collision: $500 deductible