Who Has the Cheapest Auto Insurance Rates for Safe Drivers in New Orleans?

It’s hard to avoid all the captivating commercials from companies like State Farm and Progressive guaranteeing the cheapest price. So drivers should just choose any one of them, right?

That is not the case, however, as there are a whole bunch of unknowns such as when you were born, if you are currently insured, and whether you just want liability only, that all impact the price you pay. The information below will cover some of these things and will hopefully give you a good start to your coverage search.

The type of vehicle on the policy is a large consideration when comparison shopping for cheap car insurance for safe drivers. Vehicles with higher performance characteristics, poor safety features, or a track record of large liability claims will cost quite a bit more to insure than safer models.

The table below features insurance premiums for the most budget-friendly vehicles to buy insurance for.

Cheapest Vehicles to Insure in New Orleans, LA
Vehicle Estimated Cost for Full Coverage
Ford Escape XLT 4WD $2,527
Honda CR-V EX 4WD $2,532
Dodge Grand Caravan SE $2,531
Honda Accord LX 4-Dr Sedan $2,551
Chevrolet Impala LS $2,625
Toyota RAV4 Sport 4WD $2,676
Chevrolet Malibu LS $2,683
Hyundai Elantra SE Touring Station Wagon $2,690
Ford Edge SE 2WD $2,710
Dodge Ram Quad Cab ST 2WD $2,717
Toyota Tacoma Double Cab 4WD $2,727
Toyota Corolla S $2,819
Toyota Prius $2,825
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Table data represents single male driver age 50, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Louisiana minimum liability limits. Discounts applied include safe-driver, multi-policy, claim-free, multi-vehicle, and homeowner. Table data does not factor in your specific New Orleans, LA location which can affect prices substantially.

Based upon the table data, models like the Ford Escape, Honda CR-V, and Dodge Grand Caravan will definitely be some of the cheapest vehicles to insure for good drivers.

Comparing quotes for budget auto insurance is not the easiest thing to accomplish, and determining which company quotes the cheapest auto insurance rates for safe drivers may require even more work.

Every auto insurer uses a little different formula to set their prices, so let’s take a look at the auto insurance companies with the overall cheapest rates in New Orleans. It’s important to know that Louisiana auto insurance rates are determined by lots of factors that control your annual premium. This price fluctuation is why it is critical to perform a complete rate comparison when trying to find the lowest auto insurance quotes for safe drivers. Car insurance prices are influenced by many factors and change substantially, so the best price the last time you shopped around may now be priced much higher than other options.

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USAA offers some of the most affordable car insurance rates in New Orleans at around $1,642 each year. GEICO, MetLife, Progressive, and Safeway are also some of the best New Orleans, LA insurance companies.

In this example, if you are insured with GEICO and switched to USAA, you could realize a yearly price reduction of upwards of $265. Louisiana drivers with MetLife might save as much as $268 a year, and Progressive customers might reduce rates by $363 a year.

If you want to see how much you could save, click here to begin a quote or visit any of the companies below.

Bear in mind that those prices are averaged for all drivers and vehicles and do not take into consideration an exact vehicle garaging location for safe drivers. So the auto insurance company that is most affordable for your situation may not even be in the list above. That emphasizes why you need to quote rates from as many companies as possible using your own driver data and vehicle information.

For good drivers, one of the big factors that aid in calculating the amount you pay each year for auto insurance is where you choose to live in New Orleans. Areas with a lot of weather claims or more people tend to have higher rates, whereas areas with fewer weather claims and lower vehicle theft rates have the luxury of lower rates.

The next table ranks the most expensive cities in Louisiana for safe drivers to buy car insurance in. New Orleans is ranked #1 costing $2,856 for car insurance, which is approximately $238 per month.

How much does auto insurance cost in New Orleans?
Rank City Annual Premium
1 New Orleans $2,856
2 Terrytown $2,530
3 Harvey $2,487
4 Marrero $2,469
5 Kenner $2,247
6 Central $2,223
7 Metairie $2,188
8 Baton Rouge $2,143
9 Shenandoah $2,139
10 Prairieville $2,127
11 Hammond $2,065
12 Alexandria $2,054
13 Lafayette $1,995
14 Monroe $1,989
15 Lake Charles $1,974
16 Laplace $1,971
17 Sulphur $1,954
18 Slidell $1,919
19 New Iberia $1,909
20 Houma $1,865
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Price information shown is estimated as specific New Orleans zip code can increase or decrease prices greatly.

The chart below demonstrates how deductible levels can raise or lower insurance costs when searching for cheap insurance for safe drivers. The information is based on a single female driver, comp and collision included, and no discounts are taken into consideration.

The data above shows that a 50-year-old driver could save $370 a year by increasing from a $100 deductible to a $500 deductible, or save $558 by switching to a $1,000 deductible. Youthful drivers, like the 20-year-old category, could drop their prices up to $934 each year just by choosing higher deductibles. When choosing a higher deductible, it’s a good idea to have enough in a savings account to allow you to pay the extra out-of-pocket expense, which is the main drawback of higher deductibles.

What is the best auto insurance company in New Orleans?

Choosing a high-quality car insurance provider can be rather challenging considering how many choices drivers have in Louisiana. The ranking data in the lists below could help you select which car insurance providers you want to consider when shopping car insurance rates for safe drivers. These rankings are only made up of major nationwide insurance companies, so companies that only write business in Louisiana or surrounding areas are not factored into these rankings.

Top 10 Large Auto Insurance Providers in New Orleans Ranked by Customer Service

  1. USAA
  2. Safeco Insurance
  3. AAA Insurance
  4. State Farm
  5. Progressive
  6. The Hartford
  7. The General
  8. Esurance
  9. GEICO
  10. Liberty Mutual

Top 10 Large Auto Insurance Providers in New Orleans Ranked by Value

  1. American Family
  2. AAA Insurance
  3. Safeco Insurance
  4. The Hartford
  5. Progressive
  6. 21st Century
  7. The General
  8. Esurance
  9. USAA
  10. State Farm

The importance of shopping around

New Orleans, LA auto insurance rates are determined by lots of factors that control your annual premium. Simply having another birthday, buying higher coverage limits, or getting a driving violation can trigger rate changes resulting in some rates now being cheaper than before. Also, companies change rates as needed in order to protect their financial rating. Unexpectedly high claims may result in higher priced premiums, while a better loss history can result in cheaper New Orleans car insurance rates.

For example, the data below shows the company with the cheapest car insurance in New Orleans, LA for a 40-year-old female driver with no accidents, a clean driving record, and excellent credit. When quoting prices based on her personal profile, USAA might quote the lowest car insurance rates in New Orleans at $2,700 annually. This is $286 more than the average policy premium paid by Louisiana drivers of $2,414. GEICO, MetLife, Progressive, and Safeway also make the list of the top five cheapest New Orleans, LA auto insurance companies.

The example below compares rates after we give the driver from the first example an at-fault accident, a lower credit rating, and a speeding citation. Since every insurance provider has a proprietary formula for determining rates in each state, analyzing rates may now present a new list of companies as shown below.

California Casualty now has the best price on car insurance in New Orleans with State Farm, USAA, MetLife, and Safe Auto also having competitive pricing. This example proves why drivers need to compare lots of rates when trying to find the most economical auto insurance rates for safe drivers. Rates are made up of many different factors and change substantially, so the best option the last time you checked may now be an over-priced policy.