Statistics show that 70% of consumers have purchased from the same company for at least the last four years, and approximately 38% of consumers have never quoted car insurance rates at all. Consumers in Louisiana could save about 35% each year just by comparing rates, but they think it’s difficult to compare rates.
If you want to save money, the best way to get low-cost car insurance rates is to do an annual price comparison from companies who sell insurance in New Orleans.
- Step 1: Try to comprehend coverages and the changes you can make to drop your rates. Many things that cause rate increases such as at-fault accidents and a lousy credit rating can be rectified by making minor changes in your lifestyle. Keep reading for more details to get lower rates and get discounts that may be available to you.
- Step 2: Get rate quotes from direct, independent, and exclusive agents. Direct and exclusive agents can give quotes from a single company like GEICO and State Farm, while agents who are independent can quote rates from multiple companies.
- Step 3: Compare the price quotes to your current policy to see if a cheaper rate is available. If you find a lower rate, make sure the effective date of the new policy is the same as the expiration date of the old one.
One key aspect when comparing rates is to try to use the same deductibles and limits on every price quote and and to compare as many companies as feasibly possible. This guarantees an accurate price comparison and a complete price analysis.
If you are already insured or are looking for a new policy, you can use these tips to reduce premiums and still have adequate protection. Comparison shopping for affordable car insurance coverage in New Orleans is not as difficult as people think. You only have to learn the proper methods to compare rate quotes from multiple carriers.
Low Cost Saturn insurance price quotes in New Orleans
The companies in the list below have been selected to offer price quotes in Louisiana. To get the cheapest car insurance in New Orleans, LA, we suggest you get price quotes from several of them to find the most competitive car insurance rates.
Saturn Outlook insurance rates and statistics
The data table below showcases different insurance prices for Saturn Outlook models. Having a good understanding how car insurance prices are determined helps drivers make smart choices when selecting a policy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Outlook XE 2WD | $450 | $744 | $628 | $38 | $188 | $2,048 | $171 |
| Outlook XV 2WD | $450 | $744 | $628 | $38 | $188 | $2,048 | $171 |
| Outlook XE Premium 2WD | $500 | $876 | $628 | $38 | $188 | $2,230 | $186 |
| Outlook XE AWD | $500 | $876 | $628 | $38 | $188 | $2,230 | $186 |
| Outlook XE Premium AWD | $500 | $876 | $628 | $38 | $188 | $2,230 | $186 |
| Outlook XR-L 2WD | $500 | $876 | $628 | $38 | $188 | $2,230 | $186 |
| Outlook XR-L AWD | $500 | $876 | $628 | $38 | $188 | $2,230 | $186 |
| Outlook XR-L Premium 2WD | $500 | $876 | $628 | $38 | $188 | $2,230 | $186 |
| Outlook XR-L Premium AWD | $500 | $876 | $628 | $38 | $188 | $2,230 | $186 |
| Get Your Own Custom Quote Go | |||||||
Prices based on single female driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Louisiana minimum liability limits. Discounts applied include safe-driver, multi-vehicle, homeowner, multi-policy, and claim-free. Price information does not factor in New Orleans location which can decrease or increase rates greatly.
Rate comparison for different deductibles
When comparing auto insurance rates, the most common question is how high should the deductibles for physical damage be. The following tables show the difference in cost between high and low physical damage coverage deductibles. The first rate comparisons uses a $100 deductible for physical damage and the second set of rates uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Outlook XE 2WD | $452 | $722 | $464 | $28 | $140 | $1,831 | $153 |
| Outlook XV 2WD | $452 | $722 | $464 | $28 | $140 | $1,831 | $153 |
| Outlook XE Premium 2WD | $502 | $850 | $464 | $28 | $140 | $2,009 | $167 |
| Outlook XE AWD | $502 | $850 | $464 | $28 | $140 | $2,009 | $167 |
| Outlook XE Premium AWD | $502 | $850 | $464 | $28 | $140 | $2,009 | $167 |
| Outlook XR-L 2WD | $502 | $850 | $464 | $28 | $140 | $2,009 | $167 |
| Outlook XR-L AWD | $502 | $850 | $464 | $28 | $140 | $2,009 | $167 |
| Outlook XR-L Premium 2WD | $502 | $850 | $464 | $28 | $140 | $2,009 | $167 |
| Outlook XR-L Premium AWD | $502 | $850 | $464 | $28 | $140 | $2,009 | $167 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Outlook XE 2WD | $250 | $380 | $464 | $28 | $140 | $1,262 | $105 |
| Outlook XV 2WD | $250 | $380 | $464 | $28 | $140 | $1,262 | $105 |
| Outlook XE Premium 2WD | $278 | $448 | $464 | $28 | $140 | $1,358 | $113 |
| Outlook XE AWD | $278 | $448 | $464 | $28 | $140 | $1,358 | $113 |
| Outlook XE Premium AWD | $278 | $448 | $464 | $28 | $140 | $1,358 | $113 |
| Outlook XR-L 2WD | $278 | $448 | $464 | $28 | $140 | $1,358 | $113 |
| Outlook XR-L AWD | $278 | $448 | $464 | $28 | $140 | $1,358 | $113 |
| Outlook XR-L Premium 2WD | $278 | $448 | $464 | $28 | $140 | $1,358 | $113 |
| Outlook XR-L Premium AWD | $278 | $448 | $464 | $28 | $140 | $1,358 | $113 |
| Get Your Own Custom Quote Go | |||||||
Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Louisiana minimum liability limits. Discounts applied include claim-free, homeowner, multi-policy, safe-driver, and multi-vehicle. Table data does not factor in specific location information which can lower or raise insurance rates substantially.
We can estimate from the data above that using a $100 deductible costs about $53 more each month or $636 annually than quoting the higher $1,000 deductible. Since the policyholder would be required to pay $900 more to file a claim with a $1,000 deductible as compared to a $100 deductible, if you average at least 17 months between claim filings, you would probably save some money if you elect the higher deductible.
How to determine if higher deductibles are a good idea
| Average monthly premium for $100 deductibles: | $164 |
| Average monthly premium for $1,000 deductibles (subtract): | – $111 |
| Monthly savings from raising deductible: | $53 |
| Difference between deductibles ($1,000 – $100): | $900 |
| Divide difference by monthly savings: | $900 / $53 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 17 months |
Should you buy full coverage?
The chart below shows the comparison of Saturn Outlook auto insurance costs with full physical damage coverage and with liability coverage only. The price estimates are based on no claims or violations, $1,000 deductibles, single status, and no discounts are factored in.
When to drop full coverage
There is no definitive formula to delete physical damage coverage on your policy, but there is a general school of thought. If the annual cost of your full coverage insurance is 10% or more of any settlement you would receive from your insurance company, then it may be the right time to buy liability only.
For example, let’s assume your Saturn Outlook replacement cost is $8,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled, the most you would receive is $7,000 after paying your deductible. If you are currently paying more than $700 annually for comprehensive and collision coverage, then it might be time to buy liability only.
There are some cases where removing full coverage is not in your best interest. If you still have a loan on your vehicle, you are required to maintain full coverage to satisfy the loan requirements. Also, if your emergency fund is not enough to purchase a different vehicle if your current one is totaled, you should not drop full coverage.
Discount New Orleans auto insurance rates
Some companies don’t always advertise every discount very well, so below is a list some of the best known and also the lesser-known discounts you could be receiving when you buy New Orleans auto insurance online.
- Drivers Ed for Students – Have your child take driver’s ed class in high school.
- Defensive Driver Discounts – Completing a safe driver class could possibly earn you a 5% discount and easily pay for the cost of the class.
- Mature Driver Discount – Mature drivers may receive a small decrease in premiums.
- Passive Restraint Discount – Vehicles with factory air bags can receive discounts of up to 25% or more.
- Multi-Vehicle Discounts – Buying a policy with several vehicles with the same auto insurance company can reduce the rates for all insured vehicles.
- Sign Early and Save – Some insurance companies reward drivers for buying a policy early. You may see this discount when you get New Orleans auto insurance quotes online.
- New Orleans Homeowners Discount – Just being a homeowner can help you save on auto insurance because of the fact that having a home requires a higher level of personal finance.
- Fewer Miles Equal More Savings – Fewer annual miles on your Saturn may enable drivers to earn lower rates on the low mileage vehicles.
- College Student – Youth drivers who are enrolled in higher education away from home and leave their car at home could qualify for this discount.
One last thing about discounts, many deductions do not apply to the entire policy premium. Most only cut the price of certain insurance coverages like comprehensive or collision. So when it seems like it’s possible to get free car insurance, that’s just not realistic.
The information below shows the comparison of Saturn Outlook insurance rates with and without discounts applied to the premium. The information is based on a female driver, no violations or claims, Louisiana state minimum liability limits, full coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, claim-free, safe-driver, marriage, multi-policy, and multi-car discounts applied.
A few popular companies and the discounts they provide can be found below.
- State Farm includes discounts for accident-free, student away at school, good student, multiple autos, and passive restraint.
- GEICO has discounts for daytime running lights, anti-theft, military active duty, air bags, and five-year accident-free.
- Allstate may offer discounts for FullPay discount, economy car, utility vehicle, new car, and senior citizen.
- SAFECO discounts include homeowner, anti-lock brakes, teen safe driver, drive less, teen safety rewards, multi-car, and bundle discounts.
- Farm Bureau offers discounts for youthful driver, driver training, good student, safe driver, renewal discount, multi-vehicle, and multi-policy.
- Progressive has savings for online quote discount, multi-policy, multi-vehicle, continuous coverage, online signing, good student, and homeowner.
- AAA may have discounts that include pay-in-full, multi-car, good driver, AAA membership discount, good student, and education and occupation.
It’s a good idea to ask every prospective company which discounts can lower your rates. Some discounts listed above may not be offered in every state. If you would like to view providers with discount auto insurance rates in Louisiana, click here to view.
Do I just need basic coverages?
When it comes to choosing the best insurance coverage, there isn’t really a cookie cutter policy. You are unique and your policy should reflect that. These are some specific questions can help discover whether you would benefit from an agent’s advice.
- What if I owe more than I can insure my car for?
- Why does it cost so much to insure a teen driver in New Orleans?
- Do I need special endorsements for business use of my vehicle?
- Does car insurance cover theft of personal property?
- What are good deductibles for a Saturn Outlook?
- Can I afford to pay high deductible claims out of pocket?
- Are there companies who specialize in insuring high-risk drivers?
- Is motorclub coverage worth it?
If it’s difficult to answer those questions but a few of them apply, then you may want to think about talking to an agent. If you want to speak to an agent in your area, fill out this quick form or click here for a list of insurance companies in your area. It’s fast, doesn’t cost anything and can help protect your family.
When to get advice from an insurance agency
Certain consumers would prefer to buy from a licensed agent and doing that can be a smart decision Professional agents can help you choose the best coverages and help file insurance claims. One of the great benefits of comparing rate quotes online is the fact that you can find lower prices and still buy from a local agent.
For easy comparison, once you complete this form (opens in new window), your information is sent to local insurance agents in New Orleans who will return price quotes to get your business. You won’t even need to leave your house because prices are sent to your email. If for some reason you want to get a rate quote from a specific insurance provider, don’t hesitate to visit that company’s website and submit a quote form there.
Finding a good company needs to be determined by more than just the premium amount. Agents should be asked these questions:
- What is the financial rating for the quoted company?
- Will they take your side in the event of a claim?
- Can they give you a list of client referrals?
- What companies can they write with?
- How often do they review policy coverages?
- What insurance companies do they recommend if they are an independent agent?
Best car insurance agent in New Orleans
When finding a good insurance agency, it helps to know the two different types of agencies and how they operate. Insurance agencies in New Orleans are either independent (non-exclusive) or exclusive. Either one can insure your vehicles, but it’s important to point out the differences because it can factor into your agent selection.
Exclusive Agencies
Agents that choose to be exclusive can only provide one company’s prices and some examples include State Farm, AAA, Farmers Insurance or Allstate. They are unable to shop your coverage around so you might not find the best rates. They are well schooled on the products they sell which helps offset the inability to provide other markets. Consumers frequently buy insurance from these agents mostly because of the prominent brand name rather than low rates.
Below are New Orleans exclusive agencies that are able to give price quote information.
- Randy Bordlee – State Farm Insurance Agent
4650 General De Gaulle Dr #102 – New Orleans, LA 70131 – (504) 392-9300 – View Map - Cas Fontenot State Farm®
3201 General De Gaulle Dr #103 – New Orleans, LA 70114 – (504) 366-8686 – View Map - Derek Morel – State Farm Insurance Agent
5555 Bullard Ave #104 – New Orleans, LA 70128 – (504) 247-9241 – View Map
Independent Insurance Agents
Agents in the independent channel do not sell for just one brand so they can write business with lots of companies and get the cheapest rates. If they quote lower rates, an independent agent can move your coverage which makes it simple for you.
When comparison shopping, you will want to get some free quotes from multiple independent agents to get the most accurate price comparison. Many independent agencies also insure through small regional insurance companies which can save you money.
Shown below are New Orleans independent insurance agencies who can help you get rate quotes.
- Olympus Insurance Agency
101 W Robert E Lee Blvd #405 – New Orleans, LA 70124 – (504) 535-7755 – View Map - Daul Insurance
94 Westbank Expressway Trail – Gretna, LA 70053 – (504) 362-0667 – View Map - Hartwig Moss Insurance Agency
2626 Canal St #3 – New Orleans, LA 70119 – (504) 525-9901 – View Map
Once you have received positive responses to your questions and locked in a price quote, you may have just found an auto insurance agent that is reliable enough to properly insure your vehicles. Just understand that you are entitled to cancel your policy at any point so don’t feel that you are obligated to any particular company for the full term.
Don’t give up on cheaper coverage
You just learned a lot of ways to compare Saturn Outlook insurance prices in New Orleans. It’s most important to understand that the more rate quotes you have, the better your comparison will be. Consumers could even find that the lowest priced car insurance comes from some of the smallest insurance companies. They can often insure niche markets at a lower cost than the large multi-state companies such as State Farm and Allstate.
When shopping online for car insurance, you should never skimp on coverage in order to save money. In many instances, someone sacrificed physical damage coverage only to regret at claim time that a couple dollars of savings turned into a financial nightmare. The aim is to find the BEST coverage at an affordable rate, but do not sacrifice coverage to save money.
Lower-priced Saturn Outlook insurance in New Orleans can be sourced online in addition to local insurance agencies, and you should compare price quotes from both to have the best rate selection. Some companies do not offer price quotes online and many times these regional carriers sell through independent agents.
To read more, feel free to visit the articles below:
- Prepare your Teens for Safe Driving (InsureUonline.org)
- What Car Insurance is Cheapest for Drivers with a DUI in New Orleans? (FAQ)
- Who Has Cheap New Orleans Auto Insurance for a Honda Accord? (FAQ)
- Who Has the Cheapest Auto Insurance for a Toyota Tacoma in New Orleans? (FAQ)
- Who Has Affordable New Orleans Car Insurance for College Graduates? (FAQ)
- New Honda safety features benefit drivers of all ages (Insurance Institute for Highway Safety)
- Safety Belts FAQ (iihs.org)
- Understanding Car Crashes Video (iihs.org)