Louisiana car insurance premiums tend to be higher than the national average, but there are ways you can lower them. MoneyGeek’s Louisiana Car Insurance Calculator can be an excellent resource. When setting rates, insurers take into account your driving record, coverage needs, age, zip code, vehicle type and more when setting them. Lower deductibles or bundling your policy with home or renters insurance could help bring down rates as well. But remember the best way to save on car insurance premiums lies with safe driving practices – your driving record could help make that possible! The main goal should be keeping clean driving records!
Driving history can play a pivotal role in determining the cost of Louisiana car insurance premiums. A single speeding ticket could increase rates by over 20 percent; an alcohol related offense like DUI may increase them even more drastically by 93%!
Drivers convicted of drunk driving or who have multiple accidents will likely experience higher premiums, while those with poor credit will most likely pay more as well. Luckily, there are ways for high-risk drivers to secure affordable auto insurance policies in Louisiana; comparison shopping can be particularly useful.
Your choice of coverage also has a significant bearing on Louisiana car insurance rates. Liability-only policies offer minimal protection that meets state requirements; full coverage policies provide comprehensive protection from fire, theft and other unexpected events.
Insurance rates in Louisiana depend upon where you live, the crime rate and repair costs. City drivers typically pay more for car insurance than drivers in rural areas due to traffic congestion increasing the risk of an accident. Your vehicle model and make may also affect this factor; luxury models typically costing more to insure than standard sedans or SUVs.
Proof of insurance should always be present when driving your vehicle; failing to do so could result in fines, license suspension and even losing registration of the car. To prevent penalties associated with driving without proof, WalletHub advises using an online quote calculator for car insurance rates before purchasing one.
Those searching for their next car should utilize the Louisiana Car Insurance Calculator to estimate how much annual premium payments will cost them, before visiting local dealerships to find one within their budget.
MoneyGeek’s Louisiana Car Insurance Calculator gives a snapshot of your annual car insurance cost based on information from Quadrant Information Services; your rates may differ. For more in-depth analysis of what factors affect your rate, speak with an insured representative from your preferred insurer – enter your information below or use one of the calculators on our site which provide quotes from top car insurers near your location!