Cheapest Car Insurance Quotes for a School Permit in Louisiana

Determining which company quotes the most affordable auto insurance rates for a school permit involves a bit more work in order to find the best policy. Every auto insurer uses their own method for setting rates, so to begin we’ll rank the most budget-friendly auto insurance companies in Louisiana.

It’s a good idea to know that Louisiana auto insurance rates are influenced by many factors which can substantially change the policy premium. Simply having another birthday, having a teen driver, or getting caught speeding can trigger changes in premium that can make some companies cheaper in comparison to the competition.

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USAA may have some of the best car insurance rates in Louisiana at around $1,594 per year. GEICO, MetLife, Progressive, and Safeway also qualify as some of the lowest-priced Louisiana car insurance companies.

As the rates illustrate above, if you are a customer of Safeway and switched to GEICO, you might see an annual savings of roughly $225. Policyholders with California Casualty might save as much as $339 a year, and Southern Farm Bureau policyholders might see rate reductions of $341 a year.

These estimates are averaged across all types of insureds and vehicles and and are not figured with a price increase for a school permit. So the car insurance company that has the cheapest price for you may not even be featured in the above list. That emphasizes why you need to compare prices as often as possible using your own individual information.

When shopping for cheaper car insurance for a learners permit, one of the many factors that car insurance companies use to calculate the policy price is the neighborhood you call home. Larger areas like New Orleans, Harvey, and Kenner tend to pay higher rates, whereas areas that tend to be more rural benefit from lower rates.

The next table illustrates the highest-priced areas in Louisiana for a school permit to purchase a policy in.

Premium amounts are estimated as the specific zip code location can affect premium rates greatly.

The information below illustrates how your choice of deductibles can affect insurance costs when trying to find cheap insurance for a school permit. The data is based on a married female driver, full coverage, and no discounts are taken into consideration.

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The chart above illustrates that a 50-year-old driver could cut expenses by $316 a year by switching from a $100 deductible up to a $500 deductible, or save $478 by changing to a $1,000 deductible. Youthful drivers, like the Age 20 category, could shave $788 or more just by choosing larger deductibles. When insureds make the decision to increase the deductibles on their policy, it’s a good idea to have enough savings to allow you to cover the extra out-of-pocket expense, which is the primary disadvantage of high deductibles.

Best rates: Allstate, State Farm, Progressive, or Geico

If you are looking for the best auto insurance, four companies you’ll want quotes from are Allstate, State Farm, Progressive, and Geico. When added together, they make up over 48% of all car insurance policies written. The data below illustrates some of the different options and features that are available.

Cheapest insurance quotes for a learners permit

You have many ways to get affordable auto insurance quotes in Louisiana, but the most prevalent ways are using a captive (or exclusive) agent like Allstate or Liberty Mutual, an independent or non-exclusive agent, or direct either online or via phone. They all have the same basic principle, but auto insurance shoppers should know the differences in how they work.

Independent insurance agents have contracts with many companies and can quote your policy with every one. These types of agents possess the freedom to give you more rates, which may give you the best idea of how your rates compare. If you are not satisfied with one company, your agent can just switch to a different company which makes it easier to save money.

A captive, or exclusive, agent is usually restricted to one insurance company, two popular examples being Allstate or State Farm agents. Exclusive agents cannot quote rates from more than one company, so you will not be able to compare their rates to other companies.

The third popular method of shopping for auto insurance is direct, which means you do not use local agents and instead shop buying direct from a company like Progressive or Geico. Shopping for auto insurance direct is good for families who do not have a complex risk profile and understand what is covered and what is not.

Which method works best for finding the cheapest auto insurance for a school permit in Louisiana? Most drivers assume that buying from a direct company results in the cheapest price because you bypass the agent, but in reality, that argument does not hold true. We could also assume that using an independent agent is the best way to go due to more options, but that’s not always true, either. In a lot of cases, the exclusive agents have coverage prices that are well below what direct and independents offer.

Because there is so much variation in auto insurance prices, the only real way to ensure you are not overpaying is to compare, compare, and compare some more. Money-saving experts recommend you get price quotes from independent, exclusive, and direct to give yourself plenty of rates to compare. For a list of companies with online discounts, click here to view.