The words “cheap” and “auto insurance” probably shouldn’t be used together, specifically when you are shopping around for the best insurance rates for handicapped drivers. Let’s teach you some of the factors that determine car insurance rates, and come up with some ideas to slash the price of the next policy you buy.
The vehicle model you are insuring is a large factor when comparison shopping for the most economical coverage for handicapped drivers. Vehicles with economical engines, a great safety record, or a low likelihood of having liability claims will cost significantly less to insure than high performance models. The list below showcases coverage rates for the more affordable automobiles to insure in Louisiana.
| Vehicle | Estimated Cost for Full Coverage |
|---|---|
| Ford F-150 STX Regular Cab 2WD | $2,480 |
| Toyota Prius | $2,504 |
| Ford Escape XLT 4WD | $2,528 |
| Honda CR-V EX-L 4WD | $2,619 |
| Chevrolet Malibu Hybrid | $2,677 |
| Jeep Wrangler Unlimited Sport Islander Package 4WD 4-Dr | $2,758 |
| Nissan Altima 2.5 S 4-Dr Sedan | $2,819 |
| Chevrolet Impala LS | $2,873 |
| Honda Odyssey EX W/Rear Entertainment | $2,880 |
| Toyota Tacoma 4WD | $2,877 |
| Ford Explorer Eddie Bauer 2WD | $2,886 |
| Volkswagen Jetta 2.0T Station Wagon | $2,911 |
| Jeep Grand Cherokee Laredo 4WD | $2,931 |
| Chevrolet Silverado LS Extended Cab 4WD | $2,939 |
| Honda Accord LX-S 2-Dr Coupe | $3,009 |
| Toyota RAV4 4WD | $3,016 |
| Hyundai Sonata Limited 4-Dr Sedan | $3,060 |
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Data assumes single male driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Louisiana minimum liability limits. Discounts applied include homeowner, multi-vehicle, claim-free, multi-policy, and safe-driver. Price estimates do not factor in specific location which can increase or decrease auto insurance rates greatly.
Based upon the rates shown, we can tell that vehicles like the Ford F-150, Toyota Prius, and Ford Escape will definitely be some of the most economical vehicles to insure for drivers with handicaps.
One of the more important considerations that are used to help calculate the amount you pay for auto insurance is your address. More populated areas tend to pay more, whereas areas with less congestion have the benefit of cheaper auto insurance prices.
The information below shows the most expensive cities in Louisiana for handicapped drivers to buy an auto insurance policy in. New Orleans is ranked at #1 having an annual price of $2,827 on average, which is around $236 monthly.
| Rank | City | Annual Premium |
|---|---|---|
| 1 | New Orleans | $2,827 |
| 2 | Marrero | $2,544 |
| 3 | Harvey | $2,487 |
| 4 | Terrytown | $2,455 |
| 5 | Baton Rouge | $2,209 |
| 6 | Central | $2,201 |
| 7 | Prairieville | $2,169 |
| 8 | Metairie | $2,166 |
| 9 | Kenner | $2,159 |
| 10 | Shenandoah | $2,139 |
| 11 | Alexandria | $2,117 |
| 12 | Hammond | $2,107 |
| 13 | Laplace | $2,031 |
| 14 | Lake Charles | $1,993 |
| 15 | Monroe | $1,989 |
| 16 | Lafayette | $1,976 |
| 17 | Slidell | $1,957 |
| 18 | Sulphur | $1,954 |
| 19 | New Iberia | $1,928 |
| 20 | Shreveport | $1,876 |
| Find Cheaper Insurance Go | ||
Prices are approximated as the specific geographic location can impact insurance rates significantly.
Comparing rates for low-cost insurance is easier said than done, and finding out which companies offer the cheapest insurance rates for handicapped drivers involves additional perseverance.
Each insurer has their own formula for filing rates in each state, so first we will examine the insurance companies with the overall best prices in Louisiana.
Find Cheaper Auto Insurance in Louisiana
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | USAA | $1,626 |
| 2 | GEICO | $1,907 |
| 3 | MetLife | $1,910 |
| 4 | Progressive | $1,927 |
| 5 | Safeway | $2,198 |
| 6 | Southern Farm Bureau | $2,248 |
| 7 | California Casualty | $2,269 |
| 8 | State Farm | $2,359 |
| 9 | Safe Auto | $2,575 |
| 10 | Allstate | $3,065 |
| 11 | Encompass | $3,138 |
| 12 | Liberty Mutual | $3,719 |
| Get Personalized Rates Go | ||
USAA may offer some of the cheapest car insurance rates in New Orleans at around $1,626 a year. This is $788 less than the average price paid by Louisiana drivers of $2,414. GEICO, MetLife, Progressive, and Safeway also qualify as some of the lowest-priced New Orleans, LA car insurance companies.
As the rates illustrate above, if you are currently insured with Safeway and switched to GEICO, you might achieve a yearly savings of upwards of $291. Customers with Southern Farm Bureau may save as much as $341 a year, and California Casualty insureds might reduce rates by $362 a year.
To compare your rates to other Louisiana insurance companies, click here to start a quote or visit any of the low-priced companies below.
These premium estimates are averages across all types of insureds and vehicles and and are not calculated with an exact location for handicapped drivers. So the insurer that fits your situation best may not even be in the list above. That point stresses why you need to quote rates from many companies using your own individual information.
New Orleans insurance company ratings
Selecting the best car insurance company is difficult considering how many companies sell insurance in New Orleans. The company information displayed below can help you analyze which auto insurance companies you want to consider comparing prices from.
These rankings include the companies with a significant amount of written premium nationwide, so smaller regional companies are not taken into consideration for this list. To compare prices from the insurers below and more, follow this link.
Top 10 Major Auto Insurance Providers in New Orleans Ranked by Claims Service
- Allstate
- State Farm
- American Family
- GEICO
- Liberty Mutual
- Esurance
- AAA Insurance
- The Hartford
- 21st Century
- The General
The illustration below shows how different deductible levels can influence insurance prices when getting quotes for cheap insurance for handicapped drivers. The rate quotes are based on a single male driver, full physical damage coverage, and no other discounts are factored in.
The data above shows that a 50-year-old driver could pocket $534 a year by changing their physical damage coverage from a $100 deductible up to a $500 deductible, or save $804 by choosing a $1,000 deductible. Younger drivers, like the age 20 example, can cut $1,760 or even more just by using higher deductibles.
When increasing deductibles, it will be important to have enough funds in savings to pay the extra out-of-pocket expense that deters many people from opting for higher deductibles.
Safe drivers New Orleans pay cheaper rates
The easiest way to get good insurance prices in Louisiana for drivers with handicaps is to be a good driver and avoid traffic citations and accidents. The chart below shows how traffic citations and fender-benders can impact insurance premiums for different age groups of insureds. The rate quotes are based on a married female driver, full physical damage coverage, $1,000 deductibles, and no discounts are taken into consideration.
The data in the chart shows the average cost of car insurance per year with a clean driving record and no accidents is $1,977. Receive two speeding tickets and the average cost hikes up to $2,801, an increase of $824 each year. Then add in two accidents along with the two speeding tickets and the annual cost of insurance for handicapped drivers goes up to an average of $6,272. That’s an increase of $4,295, or $358 per month, just for not driving carefully!
Comparing rates can save you money
Louisiana insurance rates are calculated based on many things which can significantly increase or decrease the price of your policy. Simply having another birthday, buying a home instead of renting, or having a fender bender can trigger rate changes that can now make some companies cheaper than before.
In addition, insurers amend pricing as needed to ensure their profitability. Significantly higher losses may cause increased policy costs, while a lower level of claims can cause cheaper New Orleans car insurance rates.
To illustrate this point, the bar chart below shows which companies have the cheapest car insurance in New Orleans, LA for a 35-year-old male driver with no violations or accidents, and a good credit rating. When comparing rates based on his current situation, USAA may offer the lowest car insurance rates in New Orleans at $2,673 annually. This is $259 more than the average rate paid by Louisiana drivers of $2,414. MetLife, GEICO, Progressive, and Safeway are the rest of the top five cheapest New Orleans, LA auto insurance companies.
Now we will give the driver in the first chart a chargeable accident, a lower credit score, and a speeding citation. Because each company uses their own method to determine rates, comparing quotes most likely will result in a substantially altered list of cheap New Orleans auto insurance companies as shown below.
California Casualty now has the cheapest insurance rate in New Orleans, LA with USAA, State Farm, MetLife, and Safe Auto also having competitive pricing. This illustrates why it is so important to shop around to get the best car insurance quotes for handicapped drivers.
Prices consist of many different factors and can decrease or increase without notice, so the cheapest company when you last compared rates may now not even be in the top five.
If you aren’t sure which coverage to buy and prefer to get help from a professional when comparing insurance rates for handicapped drivers, the agents below can help you determine which auto insurance policy fits you best. To locate a New Orleans car insurance agency by location nearest to you, click the link at the bottom.
Chase Dardar – State Farm Insurance Agent
6301 S Claiborne Ave – New Orleans, LA 70125 – (504) 861-4529
Above and Beyond Insurance Agency LLC
10001 Lake Forest Blvd #315 – New Orleans, LA 70127 – (504) 383-7432
Cas Fontenot State Farm®
3201 General De Gaulle Dr #103 – New Orleans, LA 70114 – (504) 366-8686