Do you want to learn to get more competitive Volvo C30 insurance in New Orleans? Are you sick and tired of wondering where the money will come from each month for car insurance? You are in the same boat as the majority of other consumers in Louisiana.
A recent car insurance study discovered that the vast majority of car insurance customers have remained with the same car insurance company for over three years, and practically 40% of car insurance customers have never taken the time to shop around. New Orleans drivers can cut their rates by nearly $900 a year by just shopping around, but they just feel it’s too hard to find cheap car insurance rates.
Online insurance companies like State Farm, Allstate, GEICO and Progressive constantly blast consumers with ad campaigns and consumers find it hard to avoid their marketing magic and take the time to shop coverage around.
If you have a policy now, you will surely be able to cut your premiums using the tips covered below. Buying the cheapest car insurance in New Orleans is easy if you know what you’re doing. But Louisiana car owners need to learn how the larger insurance companies set your policy premium and take advantage of how the system works.
To get affordable Volvo C30 insurance quotes, there a variety of ways to compare rate quotes from different companies. The best way to do a complete rate comparison involves getting comparison quotes online.
Comparing free price quotes online is easy and it, takes the place of having to physically go to and from local New Orleans insurance agencies. Comparing Volvo C30 insurance rate quotes online has reduced the need for local agents unless you have a need for the professional advice of a local agency. If you prefer, some companies allow you to find lower rates online but buy from a local insurance agent. Keep in mind that comparing all the rates in your area helps increase your odds of locating the best offered rates. Not every company does rate quotes online, so it’s necessary to compare quotes from them as well.
The following companies are our best choices to provide comparison quotes in New Orleans, LA. If your goal is to find the cheapest auto insurance in New Orleans, LA, it’s highly recommended you visit several of them in order to find the most competitive rates.
Why insurance is not optional
Despite the fact that insurance is not cheap in New Orleans, maintaining insurance is mandatory in Louisiana but it also protects more than you think.
- The majority of states have minimum liability requirements which means you are required to buy a specific level of liability insurance in order to drive the car legally. In Louisiana these limits are 15/30/25 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
- If you bought your vehicle with a loan, most banks will make it a condition of the loan that you buy full coverage to ensure loan repayment if the vehicle is totaled. If you do not keep the policy in force, the bank may buy a policy for your Volvo at a more expensive rate and make you pay the higher price.
- Insurance protects not only your vehicle but also your assets. It will also provide coverage for all forms of medical expenses for you, your passengers, and anyone else injured in an accident. One of the most valuable coverages, liability insurance, also pays expenses related to your legal defense in the event you are sued. If you receive damage to your vehicle caused by a storm or accident, comprehensive and collision coverage will pay to repair the damage.
The benefits of carrying adequate insurance definitely exceed the cost, especially with large liability claims. The average driver in America overpays as much as $800 each year so you should quote and compare rates every year to ensure rates are inline.
Volvo C30 insurance charts and tables
The premium information shown next showcases a range of insurance prices for Volvo C30 models. Understanding more about how insurance rates are formulated can help drivers make decisions on which coverage to buy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| C30 T5 | $326 | $556 | $478 | $28 | $144 | $1,532 | $128 |
| C30 T5 R-Design | $368 | $656 | $478 | $28 | $144 | $1,674 | $140 |
| Get Your Own Custom Quote Go | |||||||
Price data assumes married male driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Louisiana minimum liability limits. Discounts applied include multi-policy, claim-free, multi-vehicle, homeowner, and safe-driver. Rate quotes do not factor in vehicle location which can impact insurance rates greatly.
Rate comparison for different deductibles
The hardest decision when buying coverage is where to set your physical damage deductibles. The comparisons below show how much more you’ll pay between low and high policy deductibles. The first rate comparisons uses a $100 deductible for comprehensive and collision coverage and the second price table uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| C30 T5 | $400 | $722 | $464 | $28 | $140 | $1,779 | $148 |
| C30 T5 R-Design | $452 | $850 | $464 | $28 | $140 | $1,959 | $163 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| C30 T5 | $292 | $488 | $464 | $28 | $140 | $1,412 | $118 |
| C30 T5 R-Design | $330 | $574 | $464 | $28 | $140 | $1,536 | $128 |
| Get Your Own Custom Quote Go | |||||||
Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Louisiana minimum liability limits. Discounts applied include safe-driver, multi-policy, claim-free, homeowner, and multi-vehicle. Rate quotes do not factor in specific zip code location which can influence rates considerably.
We can derive from the above data that using a $100 deductible costs an average of $33 more each month or $396 each year across all Volvo C30 models than choosing the higher $500 deductible. Since you would have to pay $400 more out-of-pocket with a $500 deductible as compared to a $100 deductible, if you average at a minimum 12 months between claim filings, you would most likely save money if you elect the higher deductible. The table below shows a better example of how we made this calculation.
| Average monthly premium for $100 deductibles: | $156 |
| Average monthly premium for $500 deductibles (subtract): | – $123 |
| Monthly savings from raising deductible: | $33 |
| Difference between deductibles ($500 – $100): | $400 |
| Divide difference by monthly savings: | $400 / $33 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 12 months |
These discounts can cut Volvo C30 insurance rates
Companies offering auto insurance don’t always list every possible discount in an easy-to-find place, so the list below contains both well-publicized and the more hidden discounts that you can inquire about if you buy New Orleans auto insurance online.
- Military Discounts – Being deployed in the military can result in better car insurance rates.
- Payment Method – By making one initial payment rather than spreading payments over time you could save up to 5%.
- Defensive Driver Discounts – Taking part in a defensive driving class can save you 5% or more if your company offers it.
- ABS Braking Discount – Anti-lock brake equipped vehicles can avoid accidents and the ABS can save up to 10%.
- Student Discounts – Performing well in school can be rewarded with saving of up to 25%. Many companies even apply the discount to college students well after school through age 25.
It’s important to understand that most of the big mark downs will not be given to the whole policy. The majority will only reduce individual premiums such as comprehensive or collision. So when the math indicates all the discounts add up to a free policy, insurance companies wouldn’t stay in business.
The example below illustrates the difference between Volvo C30 insurance prices with and without discounts applied to the policy premium. The price estimates are based on a female driver, no claims or violations, Louisiana state minimum liability limits, full coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, claim-free, safe-driver, homeowner, multi-policy, and marriage discounts applied.
A few popular companies and some of their more popular discounts can be found below.
- Farm Bureau has discounts for multi-vehicle, multi-policy, renewal discount, driver training, 55 and retired, and safe driver.
- State Farm offers discounts for Steer Clear safe driver discount, good driver, defensive driving training, multiple autos, and student away at school.
- Progressive may offer discounts for good student, continuous coverage, online signing, multi-vehicle, online quote discount, and homeowner.
- Allstate discounts include good student, good payer, defensive driver, anti-lock brakes, premier discount, new car, and 55 and retired.
- Nationwide policyholders can earn discounts including anti-theft, business or organization, defensive driving, multi-policy, easy pay, Farm Bureau membership, and family plan.
- MetLife includes discounts for accident-free, multi-policy, claim-free, good student, and defensive driver.
Before purchasing a policy, check with every company which discounts you may be entitled to. Some discounts listed above may not apply to policies everywhere. To choose insurers who offer car insurance discounts in Louisiana, click this link.
When to get advice from an insurance agent
Some people would prefer to buy from a licensed agent and that is a personal choice. The biggest benefit of price shopping on the web is the fact that drivers can get lower rates and still have an agent to talk to.
By using this short form, your information is submitted to local insurance agents in New Orleans who will return price quotes for your coverage. There is no reason to find an agent on your own because quoted prices will be sent to the email address you provide. It’s the lowest rates without the usual hassles of price shopping. If you have a need to quote rates from one company in particular, just search and find their rate quote page and fill out the quote form the provide.
Finding the right insurance company needs to be determined by more than just a cheap price. Some important questions to ask are:
- Will their companies depreciate repairs to your car based on the mileage?
- Is the agent and/or agency licensed to do business in Louisiana?
- Is the coverage adequate for your vehicle?
- How much experience to they have in personal lines coverages?
- Does the company allow you to choose your own collision repair facility?
Not all car insurance agents are the same
When looking for a local New Orleans insurance agent, there are a couple of different types of agents and how they are distinctly different. New Orleans agents are considered either exclusive or independent (non-exclusive).
Exclusive Insurance Agencies
Agents in the exclusive channel can only provide pricing for a single company like Farmers Insurance, State Farm, Allstate, and AAA. Exclusive agents cannot shop your coverage around so you might not find the best rates. Exclusive insurance agents are highly trained on their products and sales techniques which aids in selling service over price.
Shown below are New Orleans exclusive insurance agencies that can give you comparison quotes.
State Farm: Luke Delouise
6262 Pontchartrain Blvd – New Orleans, LA 70124 – (504) 486-7525 – View Map
Larry Talamo – State Farm Insurance Agent
6506 Spanish Fort Blvd – New Orleans, LA 70124 – (504) 282-3474 – View Map
State Farm – Mia DeLouise
5638 Jefferson Hwy – New Orleans, LA 70123 – (504) 739-7979 – View Map
Independent Insurance Agents
Agents that choose to be independent are not limited to a single company and that allows them to write policies with a variety of different insurance companies and find you cheaper rates. If prices rise, they simply move the coverage in-house and the insured can keep the same agent. When comparing insurance rates, you will want to get insurance quotes from several independent insurance agents in order to compare the most rates.
Below are independent agents in New Orleans that can give you rate quotes.
Martin Insurance Agency, Inc
4700 Orleans Ave – New Orleans, LA 70119 – (504) 486-6133 – View Map
USAgencies Insurance
6003 Bullard Ave #6 – New Orleans, LA 70128 – (504) 517-8884 – View Map
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 – View Map
How to find a good Louisiana car insurance company
Ending up with a good quality car insurance provider can be a challenge considering how many companies provide coverage in New Orleans. The ranking information shown next can help you decide which insurers you want to consider shopping your coverage with.
Top 10 New Orleans Car Insurance Companies Overall
- Travelers
- USAA
- Mercury Insurance
- AAA Insurance
- Nationwide
- Allstate
- State Farm
- The Hartford
- Safeco Insurance
- Progressive
Find cheap rates by comparing often
You just learned many ideas to lower your Volvo C30 insurance premium rates in New Orleans. The key concept to understand is the more quotes you get, the better your chances of lowering your prices. Drivers may even discover the lowest premium rates are with a lesser-known regional company. They may only write in your state and offer lower prices compared to the large companies like Allstate or State Farm.
When shopping online for insurance, do not reduce coverage to reduce premium. In many instances, an insured dropped physical damage coverage and discovered at claim time that it was a big error on their part. The ultimate goal is to buy a smart amount of coverage for the lowest cost, not the least amount of coverage.
Steps to finding affordable Volvo C30 insurance in New Orleans
If saving money is your primary concern, then the best way to save money on Volvo C30 insurance is to regularly compare quotes from insurers in New Orleans. Rates can be compared by completing these steps.
First, read and learn about how auto insurance works and the changes you can make to keep rates low. Many factors that cause rate increases like multiple speeding tickets and an unfavorable credit rating can be controlled by being financially responsible and driving safely.
Second, quote rates from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can give quotes from one company like Progressive and State Farm, while independent agencies can quote rates from multiple companies. Click to view companies
Third, compare the new rate quotes to your current policy to see if a cheaper rate is available in New Orleans. If you can save money, make sure there is no lapse between the expiration of your current policy and the new one.
The key aspect of shopping around is to compare the same liability limits and deductibles on each quote and and to get quotes from as many companies as possible. Doing this guarantees a level playing field and plenty of rates choose from.
Additional articles
- Winter Driving (Insurance Information Institute)
- Who Has the Cheapest New Orleans Car Insurance Rates for a Dodge Ram? (FAQ)
- Who Has the Cheapest New Orleans Auto Insurance Quotes for Business Use? (FAQ)
- What Auto Insurance is Cheapest for a Toyota Highlander in New Orleans? (FAQ)
- Who Has Affordable New Orleans Auto Insurance for Teachers? (FAQ)
- Vehicle Safety Ratings (iihs.org)
- How Can I Save Money on Auto Insurance? (Insurance Information Institute)