What is the Cheapest Car Insurance in New Orleans, Louisiana?

For drivers in New Orleans, one of the big considerations that help determine the cost of insurance is where your car is garaged. Areas with more people or more claims are more likely to have higher rates, whereas areas that tend to be more rural tend to receive cheaper rates.

The table below lists the highest-priced areas in Louisiana to buy an auto insurance policy in. New Orleans makes the list at #1 with the annual price of $2,914 for the average insurance policy, which is around $243 monthly.

How much does car insurance cost in New Orleans, LA?
Rank City Annual Rate
1 New Orleans $2,914
2 Harvey $2,513
3 Marrero $2,469
4 Terrytown $2,455
5 Metairie $2,254
6 Kenner $2,247
7 Baton Rouge $2,231
8 Shenandoah $2,204
9 Prairieville $2,191
10 Central $2,157
11 Alexandria $2,117
12 Hammond $2,044
13 Laplace $2,031
14 Lafayette $1,976
15 Sulphur $1,974
16 Monroe $1,970
17 Lake Charles $1,934
18 New Iberia $1,928
19 Slidell $1,919
20 Shreveport $1,876
21 Bayou Cane $1,818
22 Bossier City $1,797
23 Houma $1,791
24 Natchitoches $1,781
25 Ruston $1,652
Find the Best Rates Go

Annual rates are approximated as specific New Orleans zip code can influence coverage rates noticeably.

Having seen where New Orleans ranks for car insurance prices, establishing which companies quote the lowest-priced car insurance rates in New Orleans involves a little more work than just picking a company at random.

Each insurer has a unique approach for determining prices, so we need to take a look at the car insurance companies with the overall cheapest rates in New Orleans, LA.

Compare Cheap Insurance Quotes in New Orleans

Click Here to Start Your Quote

Who has the cheapest car insurance in Louisiana?
Rank Company Cost Per Year
1 USAA $1,578
2 MetLife $1,854
3 GEICO $1,907
4 Progressive $1,986
5 Safeway $2,154
6 Southern Farm Bureau $2,181
7 California Casualty $2,246
8 State Farm $2,431
9 Safe Auto $2,575
10 Allstate $2,975
11 Encompass $3,138
12 Liberty Mutual $3,645
Get Personalized Rates Go

USAA has some of the best car insurance rates in New Orleans at around $1,578 a year. MetLife, GEICO, Progressive, and Safeway also make the cut as some of the cheaper New Orleans, LA insurance companies.

In the above rates, if you currently have coverage with Safeway and switched to MetLife, you could earn an annual premium reduction of roughly $300. Drivers with Southern Farm Bureau may save as much as $327 a year, and California Casualty policyholders might lower prices by up to $392 a year.

Be aware that those premium estimates are averages across all ages of drivers and types of vehicles and do not take into consideration a vehicle location in New Orleans. So the company that fits you best may not even be in the top 12 companies shown above. That’s why you need to compare prices as often as possible using your own personalized driver profile and vehicle information.

Why are you paying too much for New Orleans car insurance?

New Orleans car insurance rates are impacted by many factors which can substantially decrease or increase the price you pay. Getting older, buying another vehicle, or getting into an accident may cause policy rate changes that can now make some companies more affordable than before. Not only may your situation change, but auto insurance companies change prices every year to adjust for heavy claims or excess profits. An unexpected high level of claims may cause more expensive premiums, while a profitable period can cause cheaper New Orleans car insurance rates.

To illustrate this point, the bar chart below analyzes the cheapest car insurance in New Orleans, LA for a 35-year-old male driver with a good driving record, no prior claims, and good financial standing. If we estimate rates based on his current risk factors, USAA might quote the lowest car insurance rates in New Orleans at $2,897 annually. This is $483 more than the average price paid by Louisiana drivers of $2,414. MetLife, GEICO, Progressive, and Safeway are the rest of the cheapest New Orleans, LA auto insurance companies.

Now we will give the driver from the first example some claims, less-than-perfect credit, and a speeding citation. Due to the fact that every auto insurer uses their own method to determine rates, comparing prices may now present a significantly different list of the cheapest car insurance companies in New Orleans as shown below.

California Casualty now has the best price in New Orleans, LA with State Farm, MetLife, USAA, and Safe Auto completing the list. This example proves why consumers need to shop around with many companies to find the most affordable insurance rates in New Orleans. Car insurance prices consist of many things and can change without notice, so the best price when you bought your policy may now be costing you a lot of money.

The type of vehicle to be insured is a significant factor when comparing quotes for the most economical car insurance in New Orleans. Vehicles with high performance engines, a lack of advanced safety features, or a track record of large liability claims will cost significantly more to insure than more economical and safe models.

The next table shows auto insurance rates for the most budget-friendly vehicles to insure in Louisiana.

Cheapest Vehicles to Insure in New Orleans, LA
Vehicle Insured Estimated Cost for Full Coverage
Honda Accord LX 4-Dr Sedan $2,498
Honda CR-V LX 4WD $2,733
Ford Escape XLS 4WD $2,822
Chevrolet Equinox LT AWD $2,957
Chevrolet Impala LT $2,964
Jeep Grand Cherokee Laredo 2WD $2,957
Nissan Altima 2.5 4-Dr Sedan $2,966
Ford Edge SE 2WD $2,993
Ford F-150 FX2 2WD $3,014
Jeep Wrangler Sahara 4WD 2-Dr $3,057
Hyundai Elantra SE 4-Dr Sedan $3,118
Toyota Prius $3,128
Nissan Rogue S AWD $3,167
Dodge Grand Caravan CV $3,178
Volkswagen Jetta 2.0T Station Wagon $3,217
Toyota Tacoma Double Cab 4WD $3,235
Toyota RAV4 Sport 4WD $3,243
Ford Focus SE 4-Dr Sedan $3,260
Dodge Ram 3500 Crew Cab Laramie 2WD $3,299
Toyota Camry Hybrid $3,385
Compare Rates Now Go

Data rating is based on single male driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Louisiana minimum liability limits. Discounts applied include claim-free, multi-policy, homeowner, safe-driver, and multi-vehicle. Premium costs do not factor in specific zip code location which can modify rates greatly.

Based upon the table data, you can presume that models like the Honda Accord, Honda CR-V, Ford Escape, and Chevrolet Equinox should be a few of the most budget-friendly vehicles to insure for drivers in New Orleans.

Cautious drivers save money

The recommended way to obtain the best car insurance rates for drivers in New Orleans is to drive safe and avoid getting tickets or having accidents. The diagram below highlights how speeding tickets and at-fault claims can drive up insurance rates for each different age group. The information is based on a married female driver, comprehensive and collision coverage, $1,000 deductibles, and no additional discounts are factored in.

The data charted above shows the average cost of an auto insurance policy in New Orleans per year with no accidents and a clean driving record is $1,489. Get written up for two speeding tickets and the average cost surges to $2,105, an increase of $615 each year. Now throw in one accident along with the two speeding tickets and the yearly cost of car insurance in New Orleans goes up to an average of $2,729. That’s an increase of $1,240, or $103 per month, just for not maintaining a clean driving record!

Discounts on New Orleans auto insurance

Discounts on car insurance in New OrleansAuto insurance companies that sell policies in New Orleans could also offer premium discounts that can reduce rates by 40% or more if you can meet the requirements. A list of companies and the discounts they provide are shown below.

The information below compares annual premium costs with and without some available policy discounts. The rates are based on a female driver, no claims, a clean driving record, 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 shows the rates with accident-free, anti-theft, homeowner, claim-free, defensive driving course, and multiple policy discounts applied. When taking advantage of discounts, theamount saved on car insurance in New Orleans is 28% or $697.