The type of vehicle you are buying coverage for is one of the largest factors when looking for cheaper auto insurance for drivers under 21. Vehicles with limited top-end speed, modern passenger safety features, or a track record of few liability claims will cost less to insure than higher performance models. The data below presents coverage rates for a selection of the most economical vehicles to insure.
| Make, Model, and Trim Level | Estimated Cost for Full Coverage |
|---|---|
| Honda CR-V EX-L 4WD | $8,170 |
| Ford Escape XLT 4WD | $8,180 |
| Toyota Prius | $8,834 |
| Jeep Wrangler Rubicon 4WD 2-Dr | $9,014 |
| Ford F-150 FX2 Super Cab 2WD | $9,024 |
| Dodge Grand Caravan CV | $9,014 |
| Ford Edge SEL AWD | $9,472 |
| Ford Focus SE 4-Dr Sedan | $9,479 |
| Volkswagen Jetta S 4-Dr Sedan | $9,575 |
| Jeep Grand Cherokee Laredo 4WD | $9,582 |
| Nissan Altima 2.5 4-Dr Sedan | $9,575 |
| Toyota Tacoma Double Cab 4WD | $9,580 |
| Chevrolet Equinox LS 2WD | $9,575 |
| Toyota RAV4 Sport 2WD | $9,584 |
| Ford Explorer Eddie Bauer AWD | $9,677 |
| Hyundai Elantra Blue 4-Dr Sedan | $10,037 |
| Honda Odyssey EX-L | $10,139 |
| Find Cheaper Rates Go | |
Table data assumes single male driver age 19, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Louisiana minimum liability limits. Discounts applied include safe-driver, and claim-free. Price information does not factor in specific location information which can modify insurance rates substantially.
Looking at the rates, models like the Honda CR-V, Ford Escape, Toyota Prius, Jeep Wrangler, and Ford F-150 are most likely going to be the cheaper vehicles to insure for minors. Rates will be more expensive because of the fact that there is more exposure for drivers under 21, but generally speaking those specific models will most likely have the least expensive rates compared to other vehicles.
One of the many factors that determine the price you pay for insurance is where you keep your car in New Orleans. Regions with larger populations or more claims tend to have more expensive auto insurance rates, whereas less populated areas have the gratification of cheaper auto insurance rates.
The illustration below shows the highest-priced areas in Louisiana for drivers under 21 to purchase car insurance in. New Orleans is ranked at #1 having an annual price of $2,856 for car insurance, which is about $238 each month.
| Rank | City | Annual Rate |
|---|---|---|
| 1 | New Orleans | $2,856 |
| 2 | Harvey | $2,563 |
| 3 | Marrero | $2,469 |
| 4 | Terrytown | $2,455 |
| 5 | Metairie | $2,232 |
| 6 | Kenner | $2,225 |
| 7 | Central | $2,223 |
| 8 | Baton Rouge | $2,209 |
| 9 | Prairieville | $2,191 |
| 10 | Hammond | $2,128 |
| 11 | Shenandoah | $2,118 |
| 12 | Alexandria | $2,034 |
| 13 | Laplace | $1,971 |
| 14 | Slidell | $1,957 |
| 15 | Lafayette | $1,917 |
| 16 | Sulphur | $1,916 |
| 17 | Lake Charles | $1,915 |
| 18 | Monroe | $1,911 |
| 19 | New Iberia | $1,871 |
| 20 | Houma | $1,846 |
| 21 | Shreveport | $1,838 |
| 22 | Bayou Cane | $1,836 |
| 23 | Natchitoches | $1,817 |
| 24 | Bossier City | $1,744 |
| 25 | Ruston | $1,669 |
| Find Cheaper Insurance Go | ||
Rate information is comparative as the vehicle garaging location can change coverage prices substantially.
Buying low-priced insurance is not most people’s favorite thing to do, and deciding which company offers the cheapest car insurance rates for drivers under 21 calls for even more shopping around. Each insurer has their own process for determining prices, so first we will examine the lowest cost car insurance companies in New Orleans, LA.
Lowest Insurance Price Quotes for Minors
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | USAA | $1,642 |
| 2 | MetLife | $1,892 |
| 3 | GEICO | $1,965 |
| 4 | Progressive | $2,005 |
| 5 | Safeway | $2,132 |
| 6 | Southern Farm Bureau | $2,204 |
| 7 | California Casualty | $2,246 |
| 8 | State Farm | $2,383 |
| 9 | Safe Auto | $2,627 |
| 10 | Allstate | $2,975 |
| 11 | Encompass | $3,234 |
| 12 | Liberty Mutual | $3,608 |
| View More Rates Go | ||
USAA offers some of the cheapest car insurance rates in New Orleans at around $1,642 annually. This is $772 less than the average premium paid by Louisiana drivers of $2,414. MetLife, GEICO, Progressive, and Safeway also rank well as some of the best New Orleans, LA car insurance companies.
As shown above, if you currently have a policy with Progressive and switched to USAA, you might see yearly savings of in the neighborhood of $363. Policyholders with Safeway might save as much as $490 a year, and Southern Farm Bureau customers might reduce prices by as much as $562 a year.
To get a fast rate comparison, click here to get quotes or quote prices from the following companies.
These prices are averaged across all types of drivers and the different vehicles they drive and and are not figured with a specific vehicle garaging location for drivers under 21. So the auto insurance company that has the cheapest rates for you may not even be in the list above. That emphasizes why you need to compare rates from as many companies as possible using your own specific driver information and vehicle.
The chart below illustrates how your choice of deductibles can affect premium costs when searching for cheap insurance for drivers under 21. The premium estimates are based on a married male driver, full coverage, and no discounts are taken into consideration.
The chart above illustrates that a 50-year-old driver could reduce rates by $322 a year by increasing from a $100 deductible to a $500 deductible, or save $490 by changing to a $1,000 deductible. Younger drivers, like the 20-year-old, can cut as much as $1,078 or even more by choosing a higher deductible. If you make the decision to raise deductibles, it will be important to have spare funds to allow you to pay the extra out-of-pocket expense, which is the one shortcoming of high deductibles.
New Orleans car insurance company ratings
Insuring your vehicle with a highly-rated company can be difficult considering how many companies provide coverage in Louisiana. The ranking information in the lists below can help you select which providers to look at when shopping your coverage around. The ratings below are only made up of major nationwide insurance companies, so companies that may only write in Louisiana are not factored into this list.
| Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
|---|---|---|---|---|---|---|
| USAA | 83 | 99 | 100 | 91% | A++ | 94.1 |
| AAA Insurance | 91 | 95 | 92 | 90% | A | 93.3 |
| Allstate | 77 | 100 | 97 | 88% | A+ | 90.7 |
| State Farm | 80 | 94 | 96 | 88% | A++ | 90.6 |
| The Hartford | 88 | 93 | 91 | 87% | A+ | 90.4 |
| Safeco Insurance | 91 | 95 | 85 | 88% | A | 90.2 |
| Progressive | 88 | 94 | 83 | 88% | A+ | 90.1 |
| American Family | 91 | 86 | 95 | 83% | A | 89.7 |
| Esurance | 86 | 90 | 94 | 90% | A+ | 89.5 |
| The General | 86 | 93 | 89 | 84% | A- | 88.2 |
| Compare Rates Now Go | ||||||
Data Source: Insure.com Best Car Insurance Companies
Here’s why you should shop around
New Orleans, LA car insurance rates are impacted by many factors which can substantially decrease or increase the price you pay for coverage. Improving your credit rating, adding a teenager to your policy, or getting a driving violation can trigger price changes resulting in some rates now being more affordable than the competition.
Not only may your situation change, but car insurance companies change their prices as needed to reflect underwriting profits or losses. A period of increased losses can cause price increases, while less frequent claims can result in more affordable New Orleans car insurance rates.
To help illustrate this point, the chart below shows the companies that have the cheapest car insurance in New Orleans, LA for a 45-year-old female driver with no prior claims, no tickets, and a good credit rating. Based on her personal profile, USAA quotes the most affordable car insurance rates in New Orleans at $2,868 annually. This is $454 more than the average premium paid by Louisiana drivers of $2,414. MetLife, Progressive, GEICO, and Safeway also make the list of the best New Orleans, LA auto insurance companies.
The chart below compares rates after we give the driver from the first rate comparison a chargeable claim, a lower credit rating, and a traffic citation. Due to the fact that every insurance company uses their own calculation to determining premium rates, analyzing rate quotes may now result in a different list of the cheapest New Orleans car insurance companies as shown below.
Southern Farm Bureau now has the best car insurance rate in New Orleans with State Farm, MetLife, USAA, and Safe Auto also being competitive. This shows why New Orleans drivers need to compare many different companies to find the lowest car insurance quotes for drivers under 21. Prices are influenced by many factors and can increase or decrease at any time, so the cheapest option the last time you shopped your coverage around may now be quite expensive.
How to find budget-friendly car insurance for drivers under 21
It is possible to find better rates, and here are many thrifty solutions that can help New Orleans drivers buy low-cost coverage.
- Try paying for small claims out-of-pocket
- Full coverage is expensive so only insure older vehicles for liability only
- Avoid at-fault accidents and claims
- Avoid getting citations and tickets
- Increase deductibles to save money
- Compare quotes from other companies often
The last tip is notably vital, as was discussed in the prior information. Car insurance prices change constantly, so drivers shouldn’t be resistant to change to a new company if you can find a cheaper rate. Staying with the same company for years is fine, but is isn’t recommended if it’s costing you a lot of money every month. In just a few minutes you could shop around and find cheaper insurance for drivers under 21 in New Orleans.
If you would rather have some advice when trying to find lower insurance rates for drivers under 21, the insurance agencies below can aid you in deciding which policy is best.
To find an auto insurance agency using an interactive map, click the link at the bottom.
- Allstate Insurance: Daniel Rahman
701 Dante St c – New Orleans, LA 70118 – (504) 861-2700 - Andy Bowden – State Farm Insurance Agent
6325 Elysian Fields Ave a – New Orleans, LA 70122 – (504) 288-2219 - Allstate Insurance: John Carbo Jr.
621 Homedale St – New Orleans, LA 70124 – (504) 488-0070 - Larry Talamo – State Farm Insurance Agent
6506 Spanish Fort Blvd – New Orleans, LA 70124 – (504) 282-3474 - USAgencies Insurance
6003 Bullard Ave #6 – New Orleans, LA 70128 – (504) 517-8884