Who Has the Cheapest Auto Insurance for a Toyota Tacoma in New Orleans?

Buying competitive insurance for a Toyota Tacoma hinges on many rating factors such as miles driven annually, your occupation, and your driving record. Drivers in Louisiana will pay around $1,628 per year for Tacoma insurance, but that amount is calculated based on a 40-year-old single female driver with full coverage and $250 deductibles.

The issue with using an average estimated rate is the likelihood you may not be 40 years old (or even female), you might be married instead of single, or maybe you are just looking for cheap liability insurance. Even a minor change in rating criteria may result in a big change in how much coverage for a Toyota Tacoma costs.

Auto insurance is unique to each driver, so the only way to find the cheapest rates for your Toyota is to do a thorough rate comparison. Compare rate quotes now and you will receive price comparisons from some of the best insurers that insure Toyota vehicles in Louisiana.

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Your vehicle’s trim level tends to impact the insurance rate, so the price you will be charged to insure a Tacoma 2WD will be $88 lower than the cost to insure the higher-end Tacoma Double Cab TRD Sport Package 4WD version, as shown in the prices below.

Toyota Tacoma Insurance Rates in New Orleans, LA
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Tacoma 2WD $300 $684 $604 $36 $180 $1,804 $150
Tacoma 4WD $344 $562 $604 $36 $180 $1,726 $144
Tacoma Double Cab 4WD $344 $684 $604 $36 $180 $1,848 $154
Tacoma X-Runner 2WD $344 $806 $604 $36 $180 $1,970 $164
Tacoma Double Cab 4WD $388 $684 $604 $36 $180 $1,892 $158
Tacoma Double Cab TRD Off-Road Package 4WD $388 $684 $604 $36 $180 $1,892 $158
Tacoma Double Cab TRD Sport Package 4WD $388 $684 $604 $36 $180 $1,892 $158
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Prices above based on single female driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Louisiana minimum liability limits. Discounts applied include multi-policy, homeowner, claim-free, safe-driver, and multi-vehicle. Rate quotes do not factor in specific zip code location which can decrease or increase rates considerably.

Finding out which company has the lowest-priced auto insurance rates for a Toyota Tacoma may require a little more work in order to find the best price. Each insurance company has a proprietary formula for setting rates, so let’s look at the rankings for the most affordable auto insurance companies in New Orleans.

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Cheapest Louisiana car insurance ranked by price
Rank Company Cost Per Year
1 USAA $1,578
2 MetLife $1,836
3 Progressive $1,946
4 GEICO $1,965
5 Southern Farm Bureau $2,181
6 Safeway $2,220
7 California Casualty $2,338
8 State Farm $2,455
9 Safe Auto $2,653
10 Allstate $3,065
11 Encompass $3,170
12 Liberty Mutual $3,719
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USAA may offer some of the cheapest car insurance rates in New Orleans at around $1,578 per year. MetLife, Progressive, GEICO, and Southern Farm Bureau are also some of the most economical New Orleans, LA car insurance companies.

As the example above demonstrates, if you currently have coverage with MetLife and switched to USAA, you could earn an annual premium reduction of roughly $258. Louisiana drivers with Progressive may save as much as $368 a year, and GEICO customers might cut rates by $387 a year.

To find the cheapest coverage for you, click here to start your custom quote or visit several of the following companies.

Be aware that those premium estimates are averaged for all ages of drivers and types of vehicles and and are not calculated with a specific zip code for a Toyota Tacoma. So the company that can offer you the lowest price may not even be in the top 12 companies shown above. That helps illustrate why you need to compare as many prices as possible using your own individual information.

Drive safe and save

The ideal way to find the most affordable auto insurance prices in New Orleans for a Tacoma is to pay attention while driving and avoid accidents and traffic violations. The diagram below shows how traffic citations and at-fault collisions influence insurance rates for each different age group. The price estimates are based on a married female driver, comp and collision included, $1,000 deductibles, and no discounts are taken into consideration.

In the chart above, the average cost of car insurance in New Orleans per year with a clean driving record and no accidents is $1,727. Receive two speeding tickets and the average cost increases to $2,444, an increase of $716 each year. Then include two accidents along with the two speeding tickets and the annual cost of auto insurance for a Toyota Tacoma goes up to an average of $5,487. That’s an increase of $3,760, or $313 per month, just for a couple of infractions!

Discount New Orleans auto insurance

Save on auto insurance for a Tacoma in New OrleansInsurers that offer coverage for a Toyota Tacoma may additionally offer special discounts that may potentially lower prices by 25% or more if you qualify. A few of the larger companies and a selection of discounts can be found below.

The chart below illustrates the comparison of auto insurance rates with and without discounts applied to the rates. Data assumes a female driver, no claims or driving citations, Louisiana state minimum liability limits, comprehensive and collision coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, vehicle safety, defensive driving course, accident-free, multiple vehicle, and safe-driver discounts applied. When discounts are factored in, the average savings per year on auto insurance for a Toyota Tacoma is 28% or $695.

Your cheap Tacoma insurance may actually be overpriced

Louisiana auto insurance rates are calculated based on many things that may substantially change the price you have to pay for coverage. Simply having a birthday, marrying your spouse, or having a fender bender may prompt premium changes that can now make some companies more affordable than competitors. Not only may your risk profile change, but car insurance companies change premium rates at least once a year to adjust for gains or losses. Higher than normal claims may result in higher rates, while lower claims can produce lower-cost Tacoma insurance rates.

As an example, the graph below shows which companies have the cheapest car insurance in New Orleans, LA for a 40-year-old male driver with a good driving record, no prior claims, and a good credit history. When comparing rates based on his personal profile, USAA has the best car insurance rates in New Orleans at $2,754 a year. This is $340 more than the average policy premium paid by Louisiana drivers of $2,414. MetLife, GEICO, Progressive, and Safeway are also on the list of the top five cheapest New Orleans, LA auto insurance companies.

In this next rate comparison, we will give the driver from the above example a chargeable accident, a lower credit rating, and a speeding ticket. Due to the fact that every insurance company has their own process to set their prices, analyzing rate quotes most likely will result in a completely different list of the cheapest New Orleans car insurance companies as shown below.

California Casualty now has the best insurance rate in New Orleans with State Farm, Safe Auto, USAA, and MetLife completing the list. This example demonstrates why it is critical to compare as many rates as possible to find the cheapest auto insurance quotes for a Toyota Tacoma. Rates are impacted by many risk factors and can increase or decrease at any time, so the cheapest option a year ago may now not even be in the top five.

How to find budget-friendly car insurance for a Toyota Tacoma

Lowering your rates is not difficult, and here are some of the better money-saving solutions that can help you buy lower-cost auto insurance.

The final tip is extraordinarily critical, as was affirmed in the article above. Prices can change significantly in a year, so drivers shouldn’t hesitate to switch carriers if you can save money. Loyalty to a specific company is fine, but it isn’t a good idea if that loyalty ends up costing lots of money. It only take a few minutes to compare prices and find cheaper auto insurance for a Toyota Tacoma in New Orleans.

The agents shown below can most likely help you determine which coverage fits your budget, as some drivers have questions and prefer to get some help when shopping for cheaper insurance for a Tacoma. It’s not always easy to find coverage yourself, so getting professional guidance from a licensed agent can add peace of mind knowing you have sufficient coverage for your assets. To find an agent by location nearest to you, click the button following the list or click here to get price quotes now.

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