Who Has the Cheapest New Orleans Car Insurance Quotes for Unemployed Drivers?

The make and model of vehicle to be insured is one of the largest factors when comparing quotes for the lowest-priced insurance for unemployed drivers. Vehicles with lots of speed or power, poor crash test ratings, or a high likelihood of having liability claims will cost more to insure than more modest models.

The list below ranks insurance prices for some of the more affordable automobiles to buy insurance for.

Cheapest Vehicles to Insure in New Orleans, LA
Vehicle Estimated Cost for Full Coverage
Ford Escape XLT 2WD $2,448
Honda Accord LX-P 4-Dr Sedan $2,455
Honda CR-V EX 4WD $2,744
Dodge Grand Caravan Hero $2,902
Chevrolet Equinox LS AWD $2,909
Hyundai Elantra SE Touring Station Wagon $2,984
Toyota Prius $3,058
Nissan Rogue SL 2WD $3,107
Ford F-150 Lariat King Ranch 2WD $3,114
Honda Odyssey EX W/Rear Entertainment $3,121
Jeep Grand Cherokee Limited 2WD $3,114
Dodge Ram Quad Cab SLT 2WD $3,163
Toyota RAV4 Sport 4WD $3,178
Nissan Altima 2.5 4-Dr Sedan $3,184
Ford Focus S 4-Dr Sedan $3,195
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Data variables include single male driver age 50, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Louisiana minimum liability limits. Discounts applied include multi-vehicle, claim-free, safe-driver, multi-policy, and homeowner. Premium costs do not factor in specific zip code location which can revise insurance rates greatly.

Looking at the data, we can assume that models like the Ford Escape, Honda Accord, and Honda CR-V are most likely going to be the less-costly vehicles to insure for the unemployed.

One of the more important things that help determine car insurance rates is where you normally keep your vehicle. Areas with more people or more claims will most likely pay more, whereas areas with lower crime rates and fewer weather claims benefit from lower coverage costs.

The next table rates the most costly cities in Louisiana for unemployed drivers in which to buy car insurance. New Orleans is ranked #1 with an annual rate of $2,914 for the average policy, which is approximately $243 monthly.

How much does car insurance cost in New Orleans, LA?
Rank City Annual Premium
1 New Orleans $2,914
2 Harvey $2,589
3 Terrytown $2,530
4 Marrero $2,494
5 Baton Rouge $2,209
6 Shenandoah $2,204
7 Metairie $2,188
8 Kenner $2,181
9 Central $2,135
10 Prairieville $2,127
11 Hammond $2,107
12 Alexandria $2,034
13 Monroe $1,989
14 Lafayette $1,976
15 Laplace $1,971
16 New Iberia $1,928
17 Slidell $1,919
18 Sulphur $1,916
19 Lake Charles $1,915
20 Shreveport $1,894
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Rate information is estimated as specific New Orleans zip code can affect prices significantly.

Shopping around for cheap car insurance is not most people’s favorite thing to do, and deciding which company quotes the cheapest auto insurance rates for unemployed drivers calls for even more diligence.

Every auto insurer uses a slightly different approach to determine premium rates, so let’s take a look at the auto insurance companies with the overall cheapest rates in New Orleans.

Cheapest Insurance Rates for Job Seekers

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Who has the cheapest car insurance in Louisiana?
Rank Company Cost Per Year
1 USAA $1,626
2 MetLife $1,836
3 GEICO $1,965
4 Progressive $2,005
5 Safeway $2,132
6 Southern Farm Bureau $2,271
7 California Casualty $2,315
8 State Farm $2,431
9 Safe Auto $2,653
10 Allstate $3,035
11 Encompass $3,170
12 Liberty Mutual $3,608
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USAA normally has some of the lowest car insurance rates in New Orleans at around $1,626 per year. This is $788 less than the average price paid by Louisiana drivers of $2,414. MetLife, GEICO, Progressive, and Safeway are also some of the cheaper New Orleans, LA auto insurance companies.

As shown above, if you have coverage with Safeway and switched to MetLife, you may realize yearly savings of upwards of $296. Policyholders with Southern Farm Bureau could save as much as $435 a year, and California Casualty customers might realize rate reductions of up to $479 a year.

To see how much you can save, click here or visit any of the companies below.

These policy prices are averaged for all drivers and vehicles and and are not figured with a specific location for unemployed drivers. So the insurer that has the cheapest price for you may not even be in the list above. That is why you need to get auto insurance quotes using your own specific driver information and vehicle.

Choosing the right insurance company can be rather challenging considering how many companies provide coverage in Louisiana. The company rank data shown next could help you choose which car insurance providers to look at when shopping insurance around for unemployed drivers.

These rankings include insurance companies that insure vehicles in the majority of U.S. states, so companies with more of a regional focus are not included in this list. To compare price quotes from these companies and more, click here.

Best 15 Auto Insurance Companies for Unemployed Drivers in Louisiana
Company Value Customer Service Claims Customer Satisfaction A.M Best Rating Overall Score
USAA 83 99 100 91% A++ 94.1
AAA Insurance 91 95 92 90% A 93.3
Allstate 77 100 97 88% A+ 90.7
State Farm 80 94 96 88% A++ 90.6
The Hartford 88 93 91 87% A+ 90.4
Safeco Insurance 91 95 85 88% A 90.2
Progressive 88 94 83 88% A+ 90.1
American Family 91 86 95 83% A 89.7
Esurance 86 90 94 90% A+ 89.5
The General 86 93 89 84% A- 88.2
GEICO 79 89 95 87% A++ 87.8
21st Century 86 82 90 84% A 86.4
Liberty Mutual 79 87 95 78% A 85.3
Farmers Insurance 77 80 80 84% A 80.3
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Data Source: Insure.com Best Car Insurance Companies

Discount New Orleans car insurance rates

Cheaper New Orleans, LA auto insurance for the unemployedAuto insurance companies that provide policies for unemployed drivers could also offer discounts that can reduce rates by as much as 25% or more if you are eligible for them. Large auto insurance companies and a partial list of their discounts are shown below.

The chart below illustrates the difference between insurance costs with and without discounts applied to the premium. The prices are based on a male driver, no claims or violations, Louisiana state minimum liability limits, comp and collision included, and $100 deductibles. The first bar for each age group shows insurance cost with no discounts. The second shows the rates with multiple vehicle, claim-free, passive restraint, homeowner, multiple policy, and vehicle safety discounts applied. When these discounts are applied, theaverage yearly reduction on auto insurance for unemployed drivers is 28% or $1,005.

Don’t make the mistake of not shopping around

Louisiana auto insurance rates are impacted by many things which can substantially change the price you have to pay for coverage. Simply having another birthday, buying a different home, or getting a speeding ticket can produce rate changes that can now make some companies affordable when they were higher priced. Additionally, auto insurance companies change rates as often as every three months to adjust for unexpected claims or profits. Heavier than normal losses may result in a rate increase, while lower claims may cause lower-priced New Orleans car insurance rates.

For instance, the graph below shows rates for the cheapest car insurance in New Orleans, LA for a 30-year-old female driver with a clean driving record, no accidents, and solid credit. If we compare prices based on her current risk factors, USAA might offer the most affordable car insurance rates in New Orleans at $2,782 each year. This is $368 more than the average policy premium paid by Louisiana drivers of $2,414. MetLife, GEICO, Progressive, and Safeway are the remaining top five cheapest New Orleans, LA auto insurance companies.

In the next rate comparison, we’ll give the driver from the first rate comparison some claims, a lower credit rating, and a stop sign violation. Since each auto insurance company has a proprietary method to establish rates, comparing prices may result in a new list of affordable New Orleans car insurance companies as shown below.

California Casualty now has the lowest price in New Orleans, LA with State Farm, Safe Auto, USAA, and MetLife now rounding out the top five. This illustrates why consumers need to compare rates when trying to find the lowest insurance quotes for unemployed drivers.

Car insurance prices are made up of many risk factors and can increase or decrease at any time, so the most economical company the last time you shopped around may now be priced much higher than other options.

How to find economical auto insurance for unemployed drivers

It’s not impossible to find cheaper rates, and here are a few thrifty suggestions that can help Louisiana drivers quote lower-cost coverage.

That last idea is incredibly necessary, as we noted in this piece. Rates fluctuate constantly, so don’t hesitate to switch companies if you can save money. Staying with the same car insurance company is fine, but it’s not a good idea if that dedication is costing money that could be spent on other things. In just a couple of minutes you could compare prices and find cheaper car insurance for unemployed drivers in New Orleans.