How Much are New Orleans Auto Insurance Rates for Seniors?

One of the many factors that aid in calculating auto insurance rates is where your residence is in New Orleans. Cities with more crime and/or more people will most likely pay more, whereas areas that tend to be more rural benefit from lower rates.

The table below lists the most costly cities in Louisiana for seniors to purchase car insurance in. New Orleans shows up at #1 with an annual cost of $2,856 for car insurance, which is approximately $238 per month.

How much does car insurance cost in New Orleans, LA?
Rank City Average Per Year
1 New Orleans $2,856
2 Harvey $2,513
3 Marrero $2,494
4 Terrytown $2,455
5 Metairie $2,232
6 Kenner $2,159
7 Central $2,157
8 Baton Rouge $2,143
9 Prairieville $2,127
10 Shenandoah $2,118
11 Hammond $2,107
12 Alexandria $2,054
13 Laplace $1,991
14 Monroe $1,989
15 Sulphur $1,974
16 Lake Charles $1,974
17 Lafayette $1,936
18 Slidell $1,919
19 Shreveport $1,876
20 New Iberia $1,852
21 Houma $1,846
22 Bayou Cane $1,782
23 Natchitoches $1,781
24 Bossier City $1,727
25 Ruston $1,703
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Price information shown is estimated as the specific garaging location can revise premium rates significantly.

Shopping around for reasonably-priced insurance is challenging, and figuring out which insurers offer the lowest-priced auto insurance rates for seniors may require a little more work.

Each auto insurance company has their own formula for determining prices, so first we will examine the most affordable auto insurance companies in Louisiana. It’s a good idea to be aware that Louisiana auto insurance rates are impacted by many factors that control the cost of having a policy. This price variation is why it is important to spend some time comparing rates to get affordable car insurance quotes for seniors. Car insurance prices are determined by many risk factors and change dramatically, so the lowest-price company a year ago may now be one of the more expensive options.

Best Car Insurance Prices for Mature Drivers

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Louisiana auto insurance company rankings
Rank Company Cost Per Year
1 USAA $1,642
2 MetLife $1,854
3 GEICO $1,945
4 Progressive $1,946
5 Safeway $2,154
6 Southern Farm Bureau $2,248
7 California Casualty $2,315
8 State Farm $2,383
9 Safe Auto $2,653
10 Allstate $2,975
11 Encompass $3,234
12 Liberty Mutual $3,645
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USAA may offer some of the most affordable car insurance rates in New Orleans at around $1,642 per year. This is $772 less than the average price paid by Louisiana drivers of $2,414. MetLife, GEICO, Progressive, and Safeway would also be considered some of the most economical New Orleans, LA insurance companies.

In the above example, if you are currently insured with MetLife and switched to USAA, you might see a yearly savings of roughly $212. Louisiana drivers with GEICO might save as much as $303 a year, and Progressive policyholders might lower prices by up to $304 a year.

To find out how much you can save, click here to start your custom quote or quote rates from the companies below.

Understand that those prices are averaged across all insureds and vehicles and and are not figured with an exact vehicle garaging location for seniors. So the company that has the lowest price for you may not even be in the top 12 companies in the list above. That illustrates why you need to get car insurance quotes using your own specific driver information and vehicle.

The type of vehicle requiring coverage is one of the biggest factors when quoting the cheapest coverage for seniors. Vehicles with high performance engines, a lack of modern safety features, or an increased likelihood of liability claims will cost significantly more to insure than more economical and safe models. The data below shows car insurance premiums for some of the cheapest automobiles to buy coverage for.

Cheapest Vehicles to Insure in New Orleans, LA
Insured Vehicle Estimated Cost for Full Coverage
Ford Escape XLS 4WD $1,963
Honda CR-V LX 2WD $1,972
Toyota Prius $2,177
Ford Explorer XLT 2WD $2,195
Dodge Grand Caravan CV $2,203
Ford Edge SEL 2WD $2,274
Ford Focus SE 4-Dr Sedan $2,283
Honda Civic DX 4-Dr Sedan $2,274
Volkswagen Jetta 2.0T Station Wagon $2,302
Chevrolet Impala LT $2,319
Toyota RAV4 Limited 4WD $2,329
Toyota Camry LE $2,319
Nissan Altima 2.5 4-Dr Sedan $2,327
Chevrolet Malibu Hybrid $2,319
Chevrolet Equinox LS AWD $2,328
GMC Sierra SL Extended Cab 2WD $2,319
Jeep Grand Cherokee Laredo 2WD $2,325
Ford F-150 FX4 Super Cab 4WD $2,364
Toyota Tacoma Double Cab 4WD $2,371
Jeep Wrangler Unlimited Sahara 2WD 4-Dr $2,392
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Premium data assumes married male driver age 60, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Louisiana minimum liability limits. Discounts applied include homeowner, claim-free, multi-vehicle, safe-driver, and multi-policy. Price estimates do not factor in New Orleans, LA location which can impact price quotes noticeably.

Looking at the numbers, you can conclude that makes and models like the Ford Escape, Honda CR-V, Toyota Prius, Ford Explorer, and Dodge Grand Caravan should be a few of the most affordable vehicles to insure for senior citizens.

How accidents and violations affect rates in New Orleans

In a perfect world, the best way to find the most affordable auto insurance rates for senior citizens is to be a cautious driver and avoid accidents and traffic violations. The information below shows how speeding tickets and at-fault claims can affect annual premium costs for each age group. The premiums assume a married male driver, full physical damage coverage, $250 deductibles, and no discounts are applied.

The data charted above shows the average cost of a car insurance policy per year with a clean driving record and no accidents is $2,768. Receive two speeding tickets and the average cost hikes up to $3,829, an increase of $1,061 each year. Next add one accident along with the two speeding tickets and the annual cost of auto insurance for seniors goes up to an average of $4,913. That’s an increase of $2,145, or $179 per month, just for not being more responsible behind the wheel!

How to find a good Louisiana auto insurance company

Picking the top insurance provider can be challenging considering how many choices drivers have in New Orleans. The information displayed below may help you select which auto insurers you want to consider when comparing rates.

The rankings below are only comprised of companies that insure vehicles across America, so companies that only write business in Louisiana or surrounding areas are not included in these rankings. To compare rates from these and other competitive companies, follow this link.

Top Ten Auto Insurance Companies for Seniors 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
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Data Source: Best Car Insurance Companies

How to find the cheapest car insurance for seniors

The list below details some of the recommended money-saving solutions that can help you get more affordable coverage.

The final tip is notably important, as was affirmed in this article. Coverage rates change a lot, so drivers shouldn’t be reluctant to switch companies if a cheaper rate is available. Having brand loyalty is commendable, but it’s not a good idea if that stubbornness costs you lots of hard earned cash every month. In just a few minutes you could compare prices to find cheaper car insurance for seniors in New Orleans.