How Much is Car Insurance for High School Students in Louisiana?

The model of vehicle on the policy is one of the largest considerations when quoting the most affordable car insurance for high school students. Vehicles with economical engines, modern passenger safety features, or a low likelihood of liability claims will cost substantially less to insure than adrenaline junky models. The data below presents coverage costs for a selection of the most affordable automobiles to buy coverage for.

Data based on single female driver age 18, no speeding tickets, no at-fault accidents, $1000 deductibles, and Louisiana minimum liability limits. Discounts applied include safe-driver, and claim-free. Information does not factor in specific Louisiana garaging location which can raise or lower coverage rates substantially.

Premium data assumes single female driver age 18, no speeding tickets, no at-fault accidents, $1000 deductibles, and Louisiana minimum liability limits. Discounts applied include claim-free, and safe-driver. Estimates do not factor in vehicle location which can lower or raise premium rates substantially.

Prices above based on single female driver age 18, no speeding tickets, no at-fault accidents, $1000 deductibles, and Louisiana minimum liability limits. Discounts applied include safe-driver, and claim-free. Estimates do not factor in specific garaging location which can modify auto insurance rates considerably.

Deciphering which companies have the most affordable auto insurance rates for high school students will involve a tad more effort than just comparing a company or two.

Each insurance company has a unique formula for determining prices, so to begin we’ll rank the overall cheapest auto insurance companies in Louisiana. It’s important that you understand Louisiana auto insurance rates are impacted by many things which can significantly increase or decrease the cost of your policy. Simply having a birthday, having a teenage driver, or getting a ticket for running a stop sign may cause policy rate changes resulting in some companies being cheaper than competitors.

Best Car Insurance Prices for Students

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USAA may have some of the best car insurance rates in Louisiana at around $1,642 per year. MetLife, GEICO, Progressive, and Southern Farm Bureau also qualify as some of the lowest-priced Louisiana car insurance companies.

As illustrated above, if you are a customer of Progressive and switched to USAA, you might achieve yearly savings of upwards of $363. Louisiana drivers with Southern Farm Bureau could save as much as $539 a year, and Safeway customers might lower prices by $578 a year.

Be aware that those rates are averaged for all types of drivers and the different vehicles they drive and are not factoring in a rate surcharge for high school students. So the company that fits your age and vehicle best may not even be featured in the list of companies above. That point stresses why you need to compare as many prices as possible using your own individual information.

Accidents and violations increase rates

The easiest way to find cheap auto insurance rates for teenagers is to be an attentive driver and have a clean driving record. The example below shows how traffic citations and fender-benders increase insurance rates for each different age group. The premiums assume a married female driver, full coverage, $1,000 deductibles, and no policy discounts are applied.

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In the chart above, the average cost of a car insurance policy per year with no violations or accidents is $1,489. Add in one speeding ticket and the average cost swells to $1,739, an increase of $250 each year. Now throw in one accident along with the one speeding ticket and the yearly cost of auto insurance for high school students jumps again to an average of $2,430. That’s an increase of $941, or $78 per month, just for not paying attention while driving!

Cheap insurance quotes for teenagers

Drivers have a lot of different ways to find cheap auto insurance in Louisiana, but the most prevalent are either through a non-exclusive or independent agent, an exclusive insurance agent such as Liberty Mutual or State Farm, or from a direct company like Progressive or Geico.

They all follow the same basic process, but auto insurance buyers need to understand the differences in how they work.

Independent insurance agents work for many companies and can provide price quotes from each one. These types of agents will provide you with more rate quotes, which may give you better odds of saving money. If prices rise, it’s easy for the agent to move the policy which prevents you from having to switch agents.

An exlusive, or captive, agency is only able to quote rates from a single insurance company, a couple examples are a State Farm or Farmers agent. They are unable to give you multiple price quotes, so they have to upsell other benefits.

If you choose to buy auto insurance direct, you skip local agents and buy from a direct company like Esurance. Buying auto insurance direct is a good choice for drivers who have little risk and have a good understanding of what is covered and what is not.

Which method is best for finding cheap car insurance for high school students in Louisiana? The quick answer would be buying direct yields the cheapest rates since no commissions are paid to an agent, but that generally is not the case. A good argument could also be made that using an independent agent results in the cheapest rates since there are more companies to choose from, but that assumption is also not accurate. In a lot of cases, the exclusive agents may have prices that are the cheapest.

Since auto insurance prices are based on many different factors, the only true way to find out which one is cheapest is to get quotes and compare the rates. It takes a little work, but we recommend you get price quotes from all three in order to find the best price. For a list of auto insurance companies with low rates, click here to view.