How many times have you told yourself it’s time to shop around for cheaper insurance rates in New Orleans, LA? Trying to find better insurance prices for your car in Louisiana can normally be difficult, but you can use the following methods to make it easier.
There is a better way to compare insurance rates and you need to know the best way to get price quotes on a and find the lowest possible price from New Orleans insurance agents and online providers.
It’s well known that insurance companies don’t want customers comparing rates. People who shop around for cheaper price quotes are highly likely to switch insurance companies because there is a good probability of finding good coverage at a lower price. A study showed that consumers who compared rates annually saved about $850 each year compared to policyholders who never shopped around.
If finding budget-friendly car insurance is your objective, then having some knowledge of the best way to quote and compare coverage rates can make it easier to shop your coverage around.
| Make, Model, and Trim Level | Annual Policy Premium | 6-month Policy Premium | Monthly Premium |
|---|---|---|---|
| Chevrolet Silverado Crew Cab Hybrid 2WD | $1,864 | $932 | $155 |
| Dodge Ram Crew Cab Laramie 2WD | $1,926 | $963 | $161 |
| Ford Escape XLT 2WD | $1,392 | $696 | $116 |
| Ford F-150 FX4 Super Cab 4WD | $1,690 | $845 | $141 |
| Ford Focus SES 2-Dr Coupe | $1,840 | $920 | $153 |
| Honda Accord LX 4-Dr Sedan | $1,392 | $696 | $116 |
| Honda CR-V EX-L 2WD | $1,434 | $717 | $120 |
| Honda Civic DX 4-Dr Sedan | $1,604 | $802 | $134 |
| Hyundai Sonata Limited 4-Dr Sedan | $1,884 | $942 | $157 |
| Nissan Altima 2.5 4-Dr Sedan | $1,646 | $823 | $137 |
| Toyota Camry SE | $1,732 | $866 | $144 |
| Toyota Corolla LE | $1,732 | $866 | $144 |
| Toyota Prius | $1,566 | $783 | $131 |
| Toyota RAV4 Limited 4WD | $1,646 | $823 | $137 |
| Get Rate Quotes for Your Vehicle Go | |||
Data assumes single male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Louisiana minimum liability limits. Discounts applied include multi-policy, homeowner, claim-free, safe-driver, and multi-vehicle. Premium costs do not factor in the specific area where the vehicle is garaged which can decrease or increase auto insurance rates noticeably.
Finding cheap car insurance rates is not a difficult process. The only thing you need to do is spend a few minutes on the computer comparing free New Orleans auto insurance quotes from some recommended companies.
The companies in the list below are ready to provide price quotes in Louisiana. To find cheap auto insurance in New Orleans, we suggest you visit several of them in order to find the cheapest rates.
Seven tips to get lower New Orleans car insurance rates
An important part of buying insurance is that you know a few of the rating criteria that aid in calculating car insurance rates. If you know what influences your rates, this allows you to make educated decisions that can help you get big savings. Many different elements are used in the calculation when premium rates are determined. Some of the criteria are obvious like your driving record, although others are not quite as obvious such as your credit history or your vehicle rating.
How much liability insurance – Liability coverage kicks in if ever you are ruled to be at fault for causing damage or personal injury in an accident. Liability insurance provides you with a defense in court to attempt to prove you were not liable. Carrying liability coverage is mandatory and cheap compared to other policy coverages, so drivers should make sure they buy enough to cover all assets.
Claim-free discounts can add up – Auto insurance companies in Louisiana award most affordable rates to drivers who only file infrequent claims. If you tend to file frequent claims, you can expect either policy cancellation or increased premiums. Your insurance policy is intended for more catastrophic claims.
Policy lapses raise car insurance rates – Driving any period of time without insurance can get you a ticket and companies may charge more for letting your coverage have a gap. In addition to paying higher rates, the inability to provide proof of insurance could earn you a license revocation or jail time. Then you may be required to provide proof of insurance in the form of an SR-22 filing with the Louisiana DMV.
Additional coverages that may be costing you – Insurance companies have many extra bells and whistles that can waste your money if you don’t pay attention. Coverages for replacement cost coverage, death and dismemberment, and Farm Bureau memberships may be wasting your money. They may seem like a good idea when deciding what coverages you need, but now you might not need them so remove them and pocket the money.
Insurance premiums are higher for high performance vehicles – The make and model of the vehicle you are buying insurance for makes a substantial difference in your car insurance bill. Low performance passenger models usually have the lowest rates, but the final cost of insurance is determined by many other factors.
The more you drive the more you pay – The higher the mileage driven in a year the more you will pay for car insurance. Most companies apply a rate based upon how you use the vehicle. Autos used primarily for pleasure use can be on a lower rate level than those used for commuting. It’s a good idea to make sure your car insurance declarations sheet properly reflects the correct usage, because improper ratings can cost you money.
Rates increase with driving citations – Attentive drivers tend to pay less for car insurance as compared to careless drivers. Even a single driving citation may cause rates to rise forty percent or more. Drivers who have gotten severe violations such as DUI, reckless driving or excessive speeding may need to maintain a SR-22 with the DMV in their state in order to continue driving.
Three reasons to not skimp on car insurance
Even though it’s not necessarily cheap to insure a vehicle in New Orleans, insurance may be mandatory for several reasons.
- Just about all states have compulsory liability insurance requirements which means the state requires a specific level of liability insurance in order to drive the car. 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 took out a loan on your vehicle, almost all lenders will require you to buy full coverage to ensure loan repayment if the vehicle is totaled. If coverage lapses or is canceled, the lender may insure your vehicle at a more expensive rate and force you to pay a much higher amount than you were paying before.
- Car insurance protects both your vehicle and your assets. It also can pay for hospital and medical expenses for not only you but also any passengers injured in an accident. Liability coverage also pays expenses related to your legal defense if you are sued as the result of your driving. If your car is damaged in a storm or accident, comprehensive and collision coverage will pay all costs to repair after the deductible has been paid.
The benefits of insuring your car more than cancel out the cost, particularly when you have a large claim. Today the average American driver is overpaying more than $830 a year so compare quotes from several companies each time the policy renews to ensure rates are inline.