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Louisiana

Louisiana Car Insurance Rates


Louisiana is lovely, but its car insurance bills are ugly. New Orleans drivers pay rates that are among the highest in the country, and even the cheapest ZIP codes in the state pay dearly compared with their neighbors just across the Arkansas border. We've got every ZIP in Louisiana mapped out below, along with the range of state car insurance rates we got from sampling six major national insurance companies.

Louisiana car insurance requirements

Louisiana state law requires the following minimum car insurance coverage:
Minimum bodily injury liability $15,000/$30,000
Minimum property damage liability $25,000

Louisiana Car Insurance Rates by ZIP Code & City

To learn more about the most and least expensive cities for car insurance, click the link below.
Top Cities
Car insurance rate comparison >
Priciest Neighborhoods
In Louisiana
  • 70117: $3,530
    NEW ORLEANS
  • 70113: $3,487
    NEW ORLEANS
  • 70130: $3,451
    NEW ORLEANS
  • 70128: $3,447
    NEW ORLEANS
 
Cheapest Neighborhoods
In Louisiana
  • 71021: $1,874
    CULLEN
  • 71071: $1,874
    DISTRICT 2
  • 71075: $1,882
    DISTRICT 2
  • 71403: $1,886
    DISTRICT 2


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What you need to know about car insurance in Louisiana

Penny Gusner
CarInsurance.com
Consumer Analyst

Louisiana has relatively low minimum requirements of $15,000 per person ($30,000 per accident) for bodily injury liability insurance, but that doesn't help keep its car insurance rates down.

Louisiana is among the most expensive places in the U.S. for auto insurance. Generous claim settlements are to blame, experts say. The state insurance commissioner says that the New Orleans metro area is the worst culprit, with insurance settlements 40 percent higher than the statewide average.

Natural disasters, such as hurricanes, tropical storms and tornados, also cause havoc and claims. If you want your car covered for damage resulting from a natural event, then you'll need to purchase comprehensive coverage for your vehicle.

Cheaper uninsured motorist option: Optional uninsured motorist (UM) and underinsured motorist (UIM) coverage are offered together, but Louisiana auto insurance companies also offer drivers the option of uninsured motorist economic-only coverage. For a lower premium, this type of UM coverage will only cover the actual costs of injuries you sustain due to an uninsured motorist. It doesn't include compensation for other items, such as pain and suffering.

No pay, no play law: Besides having your car's license plates removed, vehicle impounded, and being fined for driving without insurance, Louisiana also limits your ability to sue if you were driving uninsured and in an accident. The state's no pay, no play law prohibits uninsured motorists from collecting for the first $15,000 in bodily injuries and first $25,000 in property damage, regardless of who was at fault in the accident.

Electronic proof of insurance is accepted here: Drivers can use a traditional paper insurance card or electronic insurance data to provide proof of auto liability insurance.

Largest car insurance companies for Louisiana by market share

Rank Company / Group Direct Premiums Written ($) Market Share (%)
1 State Farm Group 1,123,876 32.10
2 Progressive Insurance Group 479,452 13.69
3 Allstate Insurance Group 433,542 12.38
4 Berkshire Hathaway Insurance 290,938 8.31
5 Southern Farm Bureau Cas Group 183,816 5.25
6 Liberty Mutual Insurance Companies 175,339 5.01
7 USAA Group 164,269 4.69
8 Affirmative Insurance Group 119,828 3.42
9 GoAuto Insurance Co 58,161 1.66
10 Safeway Insurance Group 53,519 1.53
Source: A.M. Best market share Rankings are based on direct premiums written in 2013.