The words “low-priced” and “insurance” really should not be used together, specifically when you are searching for the best insurance rates for drivers with accidents. Because it’s so expensive, let’s introduce you to some situations that can significantly affect insurance premiums, and find a way to lower the cost of your next policy.
Buying budget car insurance is not the easiest thing to accomplish, and deciding which insurers offer the most affordable auto insurance rates for drivers with accidents calls for a little more work. Insurance premiums will be a little bit more than the state average attributed to the posibility of more claims related to offering insurance for drivers with at-fault accidents, but affordable insurance should be obtainable with a little diligence. Each auto insurance company has a different process for filing rates in each state, so first we will examine the auto insurance companies with the overall cheapest rates in Louisiana.
Find Cheaper Car Insurance for Accident Prone Drivers
Rank | Company | Cost Per Year |
---|---|---|
1 | USAA | $1,594 |
2 | MetLife | $1,854 |
3 | GEICO | $1,887 |
4 | Progressive | $1,927 |
5 | Safeway | $2,132 |
6 | Southern Farm Bureau | $2,181 |
7 | California Casualty | $2,269 |
8 | State Farm | $2,431 |
9 | Safe Auto | $2,575 |
10 | Allstate | $3,035 |
11 | Encompass | $3,170 |
12 | Liberty Mutual | $3,719 |
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USAA quotes some of the lowest car insurance rates in Louisiana at around $1,594 per year. MetLife, GEICO, Progressive, and Safeway also qualify as some of the most economical Louisiana insurance companies.
As the rates illustrate above, if you have coverage with GEICO and switched to USAA, you might see savings of about $293. Drivers with Progressive might save as much as $333 a year, and Safeway policyholders might reduce rates by $538 a year.
Understand that those policy prices are averages across all drivers and vehicles and do not take into consideration a price surcharge for drivers with accidents. So the car insurance company that is most affordable for your situation may not even be shown in the list of companies shown earlier. That’s why you need to get auto insurance quotes using your own specific driver information and vehicle.
For Louisiana drivers, one of the components that is looked at to determine the policy price is your zip code in Louisiana. Cities with larger populations or higher claim trends like New Orleans, Marrero, and Baton Rouge tend to pay slightly more, whereas areas with less congestion generally benefit from lower auto insurance rates.
The next table illustrates the most expensive places in Louisiana for drivers with accidents to purchase a policy in.
Rank | City | Average Per Year |
---|---|---|
1 | New Orleans | $2,943 |
2 | Harvey | $2,589 |
3 | Marrero | $2,569 |
4 | Terrytown | $2,455 |
5 | Baton Rouge | $2,231 |
6 | Kenner | $2,225 |
7 | Shenandoah | $2,204 |
8 | Prairieville | $2,191 |
9 | Metairie | $2,166 |
10 | Central | $2,135 |
11 | Hammond | $2,128 |
12 | Alexandria | $2,096 |
13 | Laplace | $2,051 |
14 | Lafayette | $1,995 |
15 | Monroe | $1,989 |
16 | Slidell | $1,977 |
17 | Lake Charles | $1,915 |
18 | Sulphur | $1,896 |
19 | New Iberia | $1,852 |
20 | Shreveport | $1,838 |
21 | Bayou Cane | $1,836 |
22 | Natchitoches | $1,835 |
23 | Houma | $1,810 |
24 | Bossier City | $1,797 |
25 | Ruston | $1,652 |
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Rate quotes are estimated as the specific zip code location can raise or lower insurance rates noticeably.
<img class="shadow floatright" src="http://www.quoteclickinsure.com/blog/wp-content/uploads/cheap-car-insurance-drivers-accidents-la.jpg" alt="Cheaper Louisiana auto insurance for drivers with at-fault accidents”/>Insurance companies that provide the best cheap auto insurance for drivers with accidents in Louisiana may also provide premium discounts that can reduce rates by as much as 25% or more if you meet specific criteria. Popular auto insurance companies and a summarized list of policyholder discounts are shown below.
Discount | State Farm | Geico | Allstate | Progressive | Liberty Mutual |
---|---|---|---|---|---|
Multi-policy | Yes | Yes | Yes | Yes | Yes |
Multi-vehicle | Yes | Yes | No | Yes | Yes |
Anti-theft | Yes | Yes | Yes | Yes | Yes |
Anti-lock brakes | Yes | Yes | Yes | No | Yes |
Passive restraint | Yes | Yes | Yes | No | Yes |
Running lights | Yes | Yes | No | No | No |
New car | Yes | No | Yes | No | No |
Accident-free | Yes | Yes | Yes | Yes | No |
Defensive driver training | Yes | Yes | Yes | Yes | No |
Armed forces | Yes | Yes | No | Yes | No |
Affinity/occupation | No | Yes | No | No | Yes |
Pay in full | No | Yes | Yes | Yes | Yes |
Auto-pay | No | Yes | Yes | Yes | Yes |
Loyalty | Yes | No | No | Yes | No |
Smart student | Yes | Yes | Yes | Yes | Yes |
Student at college | Yes | No | Yes | Yes | Yes |
Own home | No | No | No | Yes | No |
Seat belt usage | No | Yes | No | No | No |
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The diagram below shows the difference between insurance costs with and without policy discounts. The prices are based on a female driver, two accidents and no citations, Louisiana state minimum liability limits, comprehensive and collision coverage, and $1,000 deductibles.
The first bar for each age group shows insurance cost with no discounts. The second shows the rates with paid-in-full, multiple vehicle, vehicle safety, continuous coverage, anti-theft, and multiple policy discounts applied. When drivers qualify for the discounts, the the average amount saved on auto insurance for drivers with accidents is 15% or $142.
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