The words “affordable” and “insurance” really don’t belong together, especially when looking for the best insurance rates for felons. Because of the high cost, let’s introduce you to a few of the factors that determine insurance prices, and see how we can help you reduce the cost of the next policy you buy.
One of the many criteria that are looked at to determine the price you pay for insurance is where you live. Areas with more people or more claims are more likely to pay higher prices, whereas areas with fewer weather claims and lower vehicle theft rates have the gratification of cheaper auto insurance rates.
The illustration below lists the highest-priced places in Louisiana for felons in which to buy car insurance. New Orleans is ranked #1 with a yearly premium of $2,827 for the average insurance policy, which is approximately $236 each month.
| Rank | City | Annual Premium |
|---|---|---|
| 1 | New Orleans | $2,827 |
| 2 | Harvey | $2,589 |
| 3 | Marrero | $2,544 |
| 4 | Terrytown | $2,455 |
| 5 | Metairie | $2,254 |
| 6 | Baton Rouge | $2,209 |
| 7 | Shenandoah | $2,204 |
| 8 | Central | $2,201 |
| 9 | Kenner | $2,159 |
| 10 | Hammond | $2,128 |
| 11 | Prairieville | $2,127 |
| 12 | Alexandria | $2,054 |
| 13 | Lafayette | $1,995 |
| 14 | Laplace | $1,991 |
| 15 | Monroe | $1,989 |
| 16 | Slidell | $1,957 |
| 17 | Sulphur | $1,954 |
| 18 | Lake Charles | $1,915 |
| 19 | New Iberia | $1,909 |
| 20 | Shreveport | $1,838 |
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Premium costs are estimated as the specific area where the vehicle is garaged can increase or decrease insurance rates significantly.
Determining which company offers the most affordable car insurance rates for felons will require more time in order to find the lowest price quote. Each auto insurer has a unique approach for setting prices, so we will examine the car insurance companies with the overall best prices in Louisiana.
Find the Cheapest Car Insurance for Felons
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | USAA | $1,594 |
| 2 | MetLife | $1,854 |
| 3 | GEICO | $1,945 |
| 4 | Progressive | $1,946 |
| 5 | Safeway | $2,132 |
| 6 | Southern Farm Bureau | $2,181 |
| 7 | California Casualty | $2,338 |
| 8 | State Farm | $2,383 |
| 9 | Safe Auto | $2,549 |
| 10 | Allstate | $2,975 |
| 11 | Encompass | $3,170 |
| 12 | Liberty Mutual | $3,756 |
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USAA may have some of the lowest car insurance rates in New Orleans at around $1,594 annually. MetLife, GEICO, Progressive, and Safeway would also be considered some of the most economical New Orleans, LA insurance companies.
In the above rates, if you are a policyholder with Safeway and switched to MetLife, you could earn yearly savings of in the neighborhood of $278. Insureds with Southern Farm Bureau might save as much as $327 a year, and California Casualty customers might reduce rates by $484 a year.
To see if you’re overpaying, click here to start your custom quote or click several companies below for low rates.
Be aware that those estimates are averages for all insureds and vehicles and do not factor in an exact zip code location for felons. So the insurer that fits your age and vehicle best may not even be in the list above. That underscores the importance of why you need to get rate quotes using your own individual information.
Discounts on New Orleans auto insurance
Insurance providers that offer coverage for felons could also offer rate discounts that could reduce prices by as much as 35% or more if you are eligible to receive them. Large car insurance companies and some of the discounts can be read below.
- State Farm policyholders can earn discounts including safe vehicle, Drive Safe & Save, multiple policy, passive restraint, driver’s education, and good student.
- GEICO offers discounts for multi-policy, good student, multi-vehicle, anti-lock brakes, daytime running lights, membership and employees, and federal employee.
- Liberty Mutual has discounts for new move discount, safety features, multi-policy, newly retired, teen driver discount, newly married, and new vehicle discount.
- The Hartford may include discounts for good student, air bag, bundle, driver training, defensive driver, anti-theft, and vehicle fuel type.
- MetLife discounts include claim-free, defensive driver, multi-policy, accident-free, good student, good driver
- Progressive may have discounts that include continuous coverage, good student, homeowner, multi-policy, and online quote discount.
The chart below illustrates the comparison of premium costs with and without discounts applied to the premium. The data is based on a male driver, no claims or violations, Louisiana state minimum liability limits, full coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with vehicle safety, homeowner, accident-free, passive restraint, multiple vehicle, and anti-theft discounts applied. In this example, theaverage amount saved on car insurance for felons is 28% or $815.
New Orleans car insurance companies
Ending up with the highest-rated insurer can be a challenge considering how many different insurance companies sell coverage in New Orleans. The ranking information below could help you analyze which auto insurers you want to consider buying from. These ratings are for large insurance companies, so companies that only write business in Louisiana or surrounding areas are not included in the 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 |
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Data Source: Insure.com Best Car Insurance Companies
The importance of shopping around
Louisiana car insurance rates are determined by lots of factors that may substantially change the price you have to pay. Simply improving your credit, filing a claim, or getting caught speeding may prompt premium changes resulting in some companies being cheaper in comparison to the competition. Not only may your situation change, but auto insurance companies modify rates every year in order to maintain liquidity for claims. Heavy losses may result in more expensive premiums, while profitable underwriting may result in more affordable New Orleans car insurance rates.
The data below shows which company has the cheapest car insurance in New Orleans, LA for a 40-year-old male driver with a clean driving record, no accidents, and good credit. When quoting prices based on his personal risk profile, USAA quotes the best car insurance rates in New Orleans at $2,754 per year. This is $340 more than the average policy premium paid by Louisiana drivers of $2,414. MetLife, GEICO, Progressive, and Safeway also make the list of the cheapest New Orleans, LA auto insurance companies.
Now we will pretend the driver from the first example some claims, less-than-perfect credit, and a speeding ticket. Due to the fact that each insurance company has a unique approach for setting rates, comparing insurance quotes may now show a different ranking of the cheapest car insurance companies in New Orleans as shown below.
California Casualty now has the cheapest car insurance in New Orleans with USAA, State Farm, MetLife, and Safe Auto now being in the top five. This demonstrates why consumers need to perform an extensive rate comparison to find the best car insurance rates for felons.
Auto insurance prices are made up of 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 wasting a lot of money.
Tips for finding low-cost car insurance for felons
Below you’ll find some of the better penny-pinching solutions that can help drivers locate lower-cost auto insurance.
- Improve your credit rating
- Buying car and homeowners insurance together can save money
- Increase deductibles to save money
- Avoid having at-fault accidents
- Do not get tickets
- Don’t have frequent claims
- Shop around for cheaper prices
That last piece of advice is extremely crucial, as was stressed in the prior article. Auto insurance rates can change considerably in a year, so don’t hesitate to buy a policy from a new company if a cheaper rate is available.
Sticking with a specific company is fine, but we do not recommend it if it’s costing you money that could be spent on other things. In just a couple of minutes you could shop around to find cheaper insurance for felons in New Orleans.
If you wish to get some help when trying to find the best insurance rates for felons, the agents below are willing to answer your questions and help you decide which car insurance company is the best fit. To locate an agency nearest to you, click the button following the list.
- Ben Guillory – State Farm Insurance Agent
4111 Franklin Ave – New Orleans, LA 70122 – (504) 943-4055 - Nola Insurance Agency
2646 Banks St – New Orleans, LA 70119 – (504) 822-8770 - USAgencies Insurance
6003 Bullard Ave #6 – New Orleans, LA 70128 – (504) 517-8884 - Olympus Insurance Agency
101 W Robert E Lee Blvd #405 – New Orleans, LA 70124 – (504) 535-7755