Louisiana car insurance premiums depend on many different factors, including your credit score, driving history, type of coverage you select and area crime and repair costs.
An excellent credit score can help you save money on Louisiana auto insurance premiums, particularly when choosing a lower deductible. But remember that each insurer uses their own formula to calculate rates.
Finding affordable car insurance in Louisiana requires comparing quotes from multiple companies, either using an insurance quote calculator like Policygenius online or speaking to an agent directly.
Consider adding additional coverage options, such as medical payments insurance (MedPay), uninsured motorist coverage (UMC) or personal injury protection (PIP). All these policies can help protect you in case of an accident with a driver who doesn’t carry enough coverage or lacks medical payments insurance (MedPay).
Age and experience behind the wheel are also major factors in how much insurance costs. Young drivers typically face higher premiums due to their limited driving knowledge and increased likelihood of getting into an accident.
If you are a teenager in Louisiana, look for an auto insurer that provides affordable policies tailored towards new drivers such as Southern Farm Bureau or USAA which offer minimum and full coverage policies.
Liberty Mutual stands out as another great option, featuring unique coverage options and an affordable rate for new drivers. Be wary, however, as poor customer service ratings could result in delays with processing your claim or an increase in premium costs.
Additionally to comparing car insurance prices, you should also shop around for discounts. Some may apply automatically while others require you to provide proof of safe driving habits.
Your auto insurance rates may be significantly higher if you have poor credit, since having bad credit indicates an increased likelihood of filing claims, which in turn increases premiums.
Speeding tickets or DUI convictions in Louisiana can have a dramatic effect on car insurance premiums, increasing them by over 20 percent; for a DUI conviction this figure increases 93 percent.
As such, it is vitally important that you take proactive steps to avoid being charged with any traffic offenses; doing so could save significant amounts in reduced insurance premiums over time.
Louisiana state law mandates that drivers carry insurance on their vehicle at all times; otherwise they could face fines and even the loss of driving privileges.