This would be a really short article if we could simply tell you the exact car insurance company that has the lowest rates in Louisiana. It’s just not that simple, as there are many unknown aspects like if you need full coverage or liability-only, the safety ratings of your vehicle, and if you own or rent your home, that all go into determining the rate you pay. This article should teach you a little about these topics and will hopefully give the reader a good beginning to your search for cheaper coverage.
The car, truck, or SUV requiring coverage is probably the most important factor when trying to find cheap auto insurance with multiple speeding tickets. Vehicles with more horsepower, poor safety features, or high incidents of liability claims will cost quite a bit more to insure than more modest models. The data below ranks car insurance prices for some of the most cost-effective vehicles to buy coverage for.
|Vehicle||Estimated Cost for Full Coverage|
|Honda CR-V LX 2WD||$3,219|
|Ford Escape XLS 4WD||$3,510|
|Honda Odyssey LX||$3,531|
|GMC Sierra SLE Regular Cab 2WD||$3,812|
|Volkswagen Jetta LE 4-Dr Sedan||$3,819|
|Toyota Tacoma Double Cab 4WD||$3,883|
|Dodge Grand Caravan SXT||$3,892|
|Jeep Wrangler Unlimited Sport Islander Package 4WD 4-Dr||$3,900|
|Ford Explorer XLT 4WD||$3,951|
|Toyota Corolla S||$4,025|
|Ford Edge SEL AWD||$4,066|
|Ford Focus SE 4-Dr Sedan||$4,074|
|Toyota Camry LE||$4,069|
|Hyundai Sonata GLS 4-Dr Sedan||$4,076|
|Chevrolet Silverado LS Crew Cab 4WD||$4,097|
|Toyota RAV4 Limited 2WD||$4,158|
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Price data assumes single male driver age 50, two speeding tickets, no at-fault accidents, $1,000 deductibles, and Louisiana minimum liability limits. Discounts applied include homeowner, claim-free, multi-policy, and multi-vehicle. Price information does not factor in specific zip code location which can affect premiums significantly.
By looking at the data, makes and models like the Honda CR-V, Ford Escape, Honda Odyssey, GMC Sierra, and Volkswagen Jetta are most likely to be a few of the cheapest vehicles to insure after a few driving violations.
After a few driving violations, one of the more important criteria that are looked at to determine the cost of insurance is where you live in New Orleans. Regions with larger populations or more claims likely pay more, whereas more rural areas benefit from lower coverage costs.
The illustration below sorts the most expensive areas in Louisiana with multiple speeding tickets to purchase car insurance in. New Orleans ranks #1 with a yearly cost of $2,827 for the average policy, which is about $236 per month.
|Rank||City||Average Per Year|
|Quote Best Rates Go|
Premium costs are estimated as specific New Orleans garaging address can impact premium rates significantly.
Types of discounts on New Orleans insurance
Car insurance companies that offer quotes with multiple speeding tickets may also give you special discounts that could lower prices by 25% or more if you meet eligibility requirements. The best insurance companies and some of the discounts are:
- Mercury Insurance offers premium reductions for anti-theft, ease of repair, age of vehicle, multi-car, location of vehicle, type of vehicle, and low natural disaster claims.
- Farmers Insurance may offer discounts for good student, homeowner, pay in full, alternative fuel, mature driver, distant student, and early shopping.
- Farm Bureau may have discounts that include multi-policy, safe driver, driver training, good student, multi-vehicle, youthful driver, and 55 and retired.
- State Farm has savings for safe vehicle, Steer Clear safe driver discount, multiple policy, multiple autos, passive restraint, Drive Safe & Save, and anti-theft.
- Allstate has discounts for farm vehicle, auto/life discount, senior citizen, defensive driver, utility vehicle, multi-policy, and premier plus.
- GEICO policyholders can earn discounts including emergency military deployment, good student, multi-policy, seat belt use, multi-vehicle, daytime running lights, and air bags.
The information below illustrates the difference between yearly insurance costs with and without discounts applied to the premium. The rate quotes are based on a female driver, two traffic citations and no accidents, Louisiana state minimum liability limits, full physical damage coverage, and $1,000 deductibles.
The first bar for each age group shows the average annual price with no discounts. The second bar shows the rates with passive restraint, multiple vehicle, homeowner, paid-in-full, marriage, and paperless filing discounts applied. When these discounts are applied to the policy premium, the average amount saved each year on insurance with multiple speeding tickets is 28% or $930.
The information below demonstrates how deductible levels can affect insurance prices when researching cheap insurance with multiple speeding tickets. The premium estimates are based on a married female driver, comprehensive and collision coverage, and no discounts are factored in.
As shown above, a 40-year-old driver could lower rates by $316 a year by increasing from a $100 deductible up to a $500 deductible, or save $478 by choosing a $1,000 deductible. Young drivers, like the 20-year-old category, can save $788 each year by using a higher deductible. If you do raise deductibles, it will be important to have emergency funds available to allow you to pay the extra out-of-pocket expense. This is the primary disadvantage of choosing high deductibles.
Tickets and at-fault accidents raise rates
A great way to enjoy the most affordable insurance prices after a few driving violations is to be an attentive driver and avoid traffic citations and accidents. The example below demonstrates how citations and at-fault fender-benders impact insurance prices for different insured age categories. The prices are based on a single female driver, full physical damage coverage, $500 deductibles, and no discounts are factored in.
In the chart above, the average cost of an auto insurance policy in Louisiana per year with a clean driving record and no accidents is $2,270. Factor in two speeding tickets and the average cost hikes up to $3,047, an increase of $777 each year. Now get one accident along with the two speeding tickets and the yearly cost of insurance with multiple speeding tickets jumps again to an average of $3,827. That’s an increase of $1,556, or $130 per month, just for not being attentive to the road!
Ideas for finding cheaper auto insurance with multiple speeding tickets
Lowering your rates is not difficult, and here are a few money-saving suggestions that can help Louisiana drivers get cheap car insurance.
- Accidents can significantly increase rates
- Good credit scores may lower your rates
- Raise comprehensive and collision coverage deductibles
- Vehicles with safetly features generally cost less to insure
- Avoid getting citations and tickets
- Shop around once a year for cheaper rates
The last idea is especially significant, as we stressed in the article above. Prices charged by car insurance companies go up and down frequently, so don’t be afraid to change insurance companies if you find a better deal.
Having a favorite company is great, but is isn’t recommended if that dedication is costing lots of hard earned cash every month. In just a few minutes you could shop around and find cheaper auto insurance with multiple speeding tickets in New Orleans.
If you aren’t sure which coverage to buy and prefer to get some help when buying car insurance with multiple speeding tickets, the agencies below can provide answers to your questions and help you determine which coverage meets your needs best. To locate a New Orleans auto insurance agent nearest to you, click the link at the bottom.
Integra Insurance in Baton Rouge, Shreveport and New Orleans | Texas and Louisiana Insurance Agents
2750 Lake Villa Dr #305 – Metairie, LA 70002 – (877) 969-3026
Mid-City Auto Title and Insurance
3328 Bienville St # A – New Orleans, LA 70119 – (504) 827-1845
Beth Anne Naugher – State Farm Insurance Agent
3536 Holiday Dr a – New Orleans, LA 70114 – (504) 367-6660
Garcia Insurance Services
3815 MacArthur Blvd – New Orleans, LA 70114 – (504) 875-4077
Allstate Insurance: Daniel Occhi
4006 Canal St – New Orleans, LA 70119 – (504) 517-9080