Cheap Auto Insurance for 16 Year Olds in Louisiana

Establishing which companies quote the best auto insurance rates for 16 year olds may require more time than just comparing rates from one or two companies. Every car insurance company uses a slightly different approach for determining rates in each state, so to begin we’ll rank the most affordable auto insurance companies in Louisiana.

It’s a good idea to be aware that Louisiana auto insurance rates are impacted by many factors which can significantly increase or decrease the policy price. Getting older, buying a home instead of renting, or having an accident can trigger changes in premium that can cause some rates to be much cheaper than others.

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USAA has some of the best car insurance rates in Louisiana at around $1,578 each year. MetLife, GEICO, Progressive, and Safeway are also some of the cheapest Louisiana car insurance companies.

In the above example, if you are currently insured with Safeway and switched to MetLife, you could realize a yearly savings of in the vicinity of $278. Louisiana drivers with Southern Farm Bureau might save as much as $327 a year, and California Casualty customers might reduce prices by as much as $415 a year.

To find cheap car insurance for 16 year olds in Louisiana for your vehicle, click here or click several companies below for low rates.

Bear in mind that those prices are averages across all types of drivers and the different vehicles they drive and and are not figured with a price increase for 16 year olds. So the auto insurance company that is best for you may not even be featured in the list of companies above. That helps illustrate why you need to compare prices as often as possible using your own specific driver and vehicle information.

The vehicle you are trying to insure is one of the biggest factors that determines if you can find cheap car insurance for 16 year olds in Louisiana. Vehicles with lots of horsepower, poor passenger safety features, or high incidents of liability claims will cost substantially more to insure than more economical and safe models.

The table below ranks insurance rates for a handful of the most budget-friendly automobiles to insure.

Price data assumes single female driver age 16, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Louisiana minimum liability limits. Discounts applied include safe-driver, and claim-free. Rates do not factor in vehicle garaging location which can modify price quotes considerably.

Based upon these rates, we can infer that makes and models like the Ford Escape, Honda CR-V, and Jeep Wrangler are going to be the cheapest vehicles to insure for new drivers. The price for an auto insurance policy will tend to be higher because there is more inherent risk for 16 year olds, but generally speaking those models will tend to have the least expensive rates possible.

When shopping for auto insurance for new drivers, one of the many factors that influence rate quotes is where your home is located in Louisiana. Densely populated urban areas like New Orleans, Terrytown, and Metairie tend to pay more, whereas areas that tend to be more rural have the benefit of cheap car insurance for 16 year olds in Louisiana.

The illustration below lists the highest-priced places in Louisiana for 16 year olds to buy car insurance in.

Rate quotes are estimated as zip code location can raise or lower auto insurance rates noticeably.

Discounts on cheap car insurance for 16 year olds in Louisiana

<img class="shadow floatright" src="http://www.quoteclickinsure.com/blog/wp-content/uploads/auto-insurance-16-year-olds-la.jpg" alt="Cheaper Louisiana auto insurance for new drivers” />Insurers that provide coverage for 16 year olds may also give you special discounts that can lower rates by 40% or more if you are eligible. Larger auto insurance companies and some of the premium reductions they offer can be found below.

• GEICO offers discounts including good student, driver training, federal employee, air bags, and five-year accident-free.
• MetLife has savings for defensive driver, claim-free, accident-free, good student, good driver, and multi-policy.
• State Farm offers discounts for student away at school, multiple autos, Drive Safe & Save, good driver, Steer Clear safe driver discount, and defensive driving training.
• Progressive may offer discounts for good student, online quote discount, homeowner, continuous coverage, multi-policy, and multi-vehicle.
• Mercury Insurance offers premium reductions for good student, multi-car, multi-policy, professional/association, and good driver.
• 21st Century may have discounts that include teen driver, theft prevention, air bags, driver training, defensive driver, automatic seat belts, and 55 and older.
• Allstate discounts include FullPay discount, premier discount, auto/life discount, new car, eSmart discount, and teenSMART discount.

The diagram below shows the difference between auto insurance rates with and without policy discounts. The price estimates are based on a female driver, a clean driving record, no at-fault accidents, Louisiana state minimum liability limits, full coverage, and $250 deductibles. The first bar for each age group shows insurance cost with no discounts. The second shows the rates with paid-in-full, passive restraint, anti-theft, paperless filing, continuous coverage, and vehicle safety discounts applied. When taking advantage of discounts, the the average yearly reduction on auto insurance for 16 year olds is 28% or $1,112.

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Who is cheaper: State Farm, Allstate, Geico, or Progressive?

When it comes to auto insurance for new drivers, four companies you’ll want quotes from are State Farm, Allstate, Geico, and Progressive. If you add them together, they insure about 50% of all car insurance policies written. The table below rates ratings for price and service, as well as some optional coverages that are available for customers.

How to find low-cost auto insurance for 16 year olds

Here are many money-saving suggestions that can help you locate cheap coverage.

• Serious violations like DUI or reckless driving can increase rates dramatically
• Increase your credit score
• Higher deductibles mean lower rates
• Avoid at-fault accidents and claims
• Buy a vehicle with excellent safety ratings
• Compare rates regularly to ensure the best deal

The last tip in the list is notably important, as was pointed out in this article. Auto insurance rates change a lot, so don’t be hesitant to change to a new company if a more affordable price is available.

Many drivers tend to have loyalty to a certain company, but it’s not recommended if that loyalty ends up costing money that could be used for better things. If you have a few minutes, compare prices and find cheaper car insurance for 16 year olds.

Cheap insurance quotes for new drivers

Thanks to technology, drivers have a lot of ways to quote auto insurance rates in Louisiana, but the most prevalent methods are through an independent or non-exclusive agent, an exlusive agent such as State Farm or Auto-Owners, or buying direct from a company like Geico or Progressive. They all have the same end result, but it’s important to point out the distinctions in how they give price quotes.

Independent insurance agents work with multiple companies and can quote your policy with every one. These types of agents have the option to provide multiple price quotes, which can help you get a better overall rate comparison. If they quote lower rates, they simply move the coverage in-house and you don’t have to switch agencies.

An exclusive ageny is ‘exlusive’ to a single insurance company, two of the more popular are an Auto-Owners or Allstate agent. This type of agents cannot provide other companys’ prices, so you will not be able to compare multiple prices.

The third popular method of shopping for auto insurance is direct, which means you forego local agents and instead shop direct either online or via phone. This auto insurance option may be good for drivers who have little risk and understand what coverages, limits, and deductibles they need.

So which of those three methods works best to buy cheap car insurance for 16 year olds in Louisiana? We would first guess that buying direct saves money since that eliminates agent commissions, but in reality, that is not true. It would also be easy to say an independent agency guarantees the cheapest rates due to increased selection, but that’s not always true, either. In a lot of cases, exclusive agencies have extremely competitive rates that are the cheapest.

Because there is so much variation in auto insurance prices, the best way to get the lowest rate is to get quotes and compare the rates. It’s a good idea to get quotes from all three to have the best selection of rates to choose from. For a list of companies offering online discounts in Louisiana, click here to view.