Cheap Auto Insurance Quotes for 19 Year Olds in Louisiana

Everyone has different tastes in autos, and the style of vehicle you are seeking coverage for is a large consideration when trying to find cheap auto insurance for 19 year olds in Louisiana. Vehicles with more horsepower, a lack of safety features, or a history of substantial liability claims will cost more to insure than safer, lower-performance models. The next tables estimates coverage premiums for some of the cheapest vehicles to insure in Louisiana.

Table data assumes single male driver age 19, no speeding tickets, no at-fault accidents, $1000 deductibles, and Louisiana minimum liability limits. Discounts applied include claim-free, and safe-driver. Premium costs do not factor in specific location information which can alter premium rates noticeably.

Prices above based on single male driver age 19, no speeding tickets, no at-fault accidents, $1000 deductibles, and Louisiana minimum liability limits. Discounts applied include safe-driver, and claim-free. Premium amounts do not factor in the specific area where the vehicle is garaged which can decrease or increase coverage rates noticeably.

Table data represents single male driver age 19, no speeding tickets, no at-fault accidents, $1000 deductibles, and Louisiana minimum liability limits. Discounts applied include claim-free, and safe-driver. Premium costs do not factor in specific garaging location which can impact premiums considerably.

When shopping for the cheapest insurance for teenage drivers, one of the many factors used to establish the price you pay for insurance is where you live in Louisiana. Cities with larger populations like New Orleans, Terrytown, and Shenandoah are more likely to pay higher prices, whereas areas with less congestion have the benefit of cheap auto insurance for 19 year olds in Louisiana.

The table below illustrates the most expensive areas in Louisiana for 19 year olds to buy an auto insurance policy in.

Annual rates are estimated as specific location information can change price quotes significantly.

Deciphering which company offers the best auto insurance rates for 19 year olds involves a tad more effort in order to find the lowest price quote. Every insurance provider uses their own formula to set policy rates, so let’s take a look at the auto insurance companies that tend to be cheaper in Louisiana.

Best Car Insurance Prices for Teens

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USAA may have some of the most affordable car insurance rates in Louisiana at around $1,578 annually. MetLife, GEICO, Progressive, and Safeway also make the cut as some of the best Louisiana auto insurance companies.

In the rate table above, if you currently buy coverage from MetLife and switched to USAA, you could realize a yearly price reduction of upwards of $276. Policyholders with GEICO might save as much as $387 a year, and Progressive policyholders might see rate reductions of $408 a year.

If you want to find out if you’re overpaying, click here to start a quote or click several companies below for low rates.

These rates are averages across all drivers and vehicles in Louisiana and and are not calculated with a rate increase for 19 year olds. So the insurer that fits your situation best may not even be in the list of companies above. That is why you need to compare prices as often as possible using your own driver data and vehicle information.

Full coverage rates compared to liability-only

Finding cheap auto insurance for 19 year olds in Louisiana is important to most people, and one of the quickest ways to save on the cost of insurance is to buy liability only. The illustration below shows the difference between auto insurance costs when comparing full coverage to liability only. The costs are based on no accidents, no driving violations, $100 deductibles, drivers are not married, and no discounts are taken into consideration.

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On average, physical damage insurance costs $2,957 per year over having just liability coverage. Many of you may wonder when is the right time to remove full coverage. There isn’t a steadfast formula for eliminating physical damage coverage, but there is a guideline you can use. If the annual cost of coverage is more than around 10% of the replacement cost of your vehicle minus the policy deductible, the it may be a good time to stop paying for full coverage.

For example, let’s say your vehicle’s settlement value is $4,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled in an accident, the most your company would pay you is $3,000 after the deductible is paid. If you are paying in excess of $300 a year for physical damage coverage, then it’s probably a good time to buy liability coverage only.

Allstate, Geico, State Farm, and Progressive: Who is best?

When shopping for auto insurance for teenage drivers in Louisiana, four of the larger companies to compare rates for are Allstate, Geico, State Farm, and Progressive. Between them, they make up over 45% of all policies written in the United States. They all have a slightly different set of options and discounts that shoppers can choose from. The data below illustrates pricing and service ratings, as well as optional policy coverages that you can purchase from each one.

Cheapest insurance quotes for teenage drivers

Thanks to technology, drivers have a lot of ways to compare auto insurance quotes in Louisiana, but the most frequently used are through an independent insurance agent, an exclusive agency like Auto-Owners or State Farm, or direct either online or via phone.

All three ways are similar, but it’s important to understand the differences in how they work.

Independent agents are appointed by several companies and can get policy pricing from each one. They do not sell for just one brand and can give you a larger rate selection, which can give you a better chance of saving money. If they find a cheaper price, they simply move the coverage in-house without having to get a different agent.

An exclusive ageny is usually just provide rates from one company like Allstate or State Farm agents. These agents are not able to quote prices from more than a single company, so if rates are not competitive, they cannot shop around.

Direct auto insurance buyers skip an agent and buy direct online or over the phone from a company like Geico or Esurance. This option may be a decent choice people who have an average risk profile and understand how auto insurance works and possible exclusions.

So which of those three methods works best for finding cheap auto insurance for 19 year olds in Louisiana? It would be premature to say buying direct results in the cheapest rates since no commissions are paid to an agent, but that does not always hold true. And we’d like to say going through an independent agent guarantees the cheapest rates because you have more choices, but that is not necessarily true either. In the right set of circumstances, the exclusive agents have really good rates that are well below what direct and independents offer.

Since auto insurance prices are based on many different factors, the only real way to ensure you are not overpaying is to obtain price quotes and compare them. If you have the time, get price quotes all three ways to give yourself the best selection. For a list of companies offering online discounts in Louisiana, click here to view.