Cheapest Car Insurance Quotes for State Employees in Louisiana

You have probably seen the captivating commercials from auto insurance companies like Nationwide, State Farm, and Liberty Mutual that claim the cheapest price, so drivers just need to pick the company with the best ad, right?

Regrettably, it’s not quite that easy, as there are many unknown aspects such as the safety features built into your vehicle, if you want the added protection of full coverage, the level of deductible you choose, and the annual mileage you drive. This article will detail some of these factors and educate you enough to have some help in finding cheaper rates.

Deciding which company has the most affordable insurance rates for state employees requires a little more effort in order to find a policy that fits your budget. Each auto insurer uses a different method to determine premium rates, so let’s rank the overall cheapest insurance companies in Louisiana.

It’s a good idea to know that Louisiana insurance rates are influenced by many factors that can increase the cost of coverage. Getting older, adding a teenager to your policy, or getting a few speeding tickets may generate price changes that can cause some rates to be cheaper than competitors.

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USAA may offer some of the cheapest car insurance rates in Louisiana at around $1,626 annually. MetLife, GEICO, Progressive, and Safeway also rank well as some of the cheaper Louisiana insurance companies.

As shown in the rates above, if you currently have coverage with Safeway and switched to MetLife, you may see an annual savings of about $278. Drivers with Southern Farm Bureau may save as much as $350 a year, and California Casualty customers might lower prices by up to $392 a year.

To see if you’re overpaying, click here to begin a quote or visit several of the following companies.

Bear in mind that those policy prices are averaged across all types of drivers and the different vehicles they drive and and are not calculated with a rate decrease for state employees. So the insurer that is best suited for you may not even be included in the list above. That illustrates why you need to get auto insurance quotes using your own personalized driver profile and vehicle information.

For Louisiana drivers, one of the criteria that car insurance companies take into consideration when calculating insurance cost is where you keep your vehicle in Louisiana. Cities with larger populations or higher claims like New Orleans, Terrytown, and Baton Rouge are more likely to have higher rates, whereas areas that tend to be more rural have the enjoyment of a little cheaper coverage.

The information below illustrates the highest-priced places in Louisiana for state employees to buy an auto insurance policy in.

Rate information is comparative as the specific zip code location can raise or lower rates noticeably.

The car, truck, or SUV needing coverage is a significant factor when looking for the cheapest auto insurance for state employees in Louisiana. Vehicles with limited top-end speed, modern passenger safety features, or a track record of few liability claims will cost less to insure than high performance models.

The information below shows coverage rates for a selection of the most economical vehicles to buy coverage for.

Price data assumes married female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Louisiana minimum liability limits. Discounts applied include claim-free, multi-policy, safe-driver, homeowner, and multi-vehicle. Rate information does not factor in specific location information which can alter price quotes noticeably.

Based upon the rates shown, you can infer that makes and models like the Ford F-150, Honda CR-V, Kia Forte, and Honda Accord will be some of the most affordable vehicles to insure for state workers.

Difference between full coverage and liability only rates

Finding the cheapest auto insurance for state employees in Louisiana is the goal of most people, and an easy way to lower the cost of insurance is to not insure for full coverage. The example below compares annual premium costs with full physical damage coverage compared to only buying the minimum liability limits required in Louisiana. The premium estimates are based on no accidents, no driving violations, $100 deductibles, drivers are single, and no discounts are taken into consideration.

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Averaged out for all age groups, comp and collision coverage costs an additional $3,557 per year over and above liability coverage. That is a big expense that brings up the question when is it a good idea to stop buying full coverage. There is no definitive formula for phasing out comp and collision coverage, but there is a general school of thought. If the annual cost of your full coverage insurance is about 10% or more of the replacement cost minus the deductible, then you might want to think about dropping full coverage.

There are a few cases where only buying liability is not advised. If you haven’t satisfied your loan, you are required to maintain full coverage as part of the loan requirements. Also, if your emergency fund is not enough to purchase a different vehicle in case of an accident, you should not consider dropping full coverage.

Insurance company ratings

Insuring your vehicle with a high-quality car insurance company is hard considering how many choices there are in Louisiana. The information shown below could help you pick which auto insurers to look at when trying to find the cheapest insurance for state employees. These ratings include large, nationwide insurance companies, so smaller regional companies are not factored into this list.