One of the many factors that aid in calculating auto insurance rates is where your residence is in New Orleans. Cities with more crime and/or more people will most likely pay more, whereas areas that tend to be more rural benefit from lower rates.
The table below lists the most costly cities in Louisiana for seniors to purchase car insurance in. New Orleans shows up at #1 with an annual cost of $2,856 for car insurance, which is approximately $238 per month.
| Rank | City | Average Per Year |
|---|---|---|
| 1 | New Orleans | $2,856 |
| 2 | Harvey | $2,513 |
| 3 | Marrero | $2,494 |
| 4 | Terrytown | $2,455 |
| 5 | Metairie | $2,232 |
| 6 | Kenner | $2,159 |
| 7 | Central | $2,157 |
| 8 | Baton Rouge | $2,143 |
| 9 | Prairieville | $2,127 |
| 10 | Shenandoah | $2,118 |
| 11 | Hammond | $2,107 |
| 12 | Alexandria | $2,054 |
| 13 | Laplace | $1,991 |
| 14 | Monroe | $1,989 |
| 15 | Sulphur | $1,974 |
| 16 | Lake Charles | $1,974 |
| 17 | Lafayette | $1,936 |
| 18 | Slidell | $1,919 |
| 19 | Shreveport | $1,876 |
| 20 | New Iberia | $1,852 |
| 21 | Houma | $1,846 |
| 22 | Bayou Cane | $1,782 |
| 23 | Natchitoches | $1,781 |
| 24 | Bossier City | $1,727 |
| 25 | Ruston | $1,703 |
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Price information shown is estimated as the specific garaging location can revise premium rates significantly.
Shopping around for reasonably-priced insurance is challenging, and figuring out which insurers offer the lowest-priced auto insurance rates for seniors may require a little more work.
Each auto insurance company has their own formula for determining prices, so first we will examine the most affordable auto insurance companies in Louisiana. It’s a good idea to be aware that Louisiana auto insurance rates are impacted by many factors that control the cost of having a policy. This price variation is why it is important to spend some time comparing rates to get affordable car insurance quotes for seniors. Car insurance prices are determined by many risk factors and change dramatically, so the lowest-price company a year ago may now be one of the more expensive options.
Best Car Insurance Prices for Mature Drivers
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | USAA | $1,642 |
| 2 | MetLife | $1,854 |
| 3 | GEICO | $1,945 |
| 4 | Progressive | $1,946 |
| 5 | Safeway | $2,154 |
| 6 | Southern Farm Bureau | $2,248 |
| 7 | California Casualty | $2,315 |
| 8 | State Farm | $2,383 |
| 9 | Safe Auto | $2,653 |
| 10 | Allstate | $2,975 |
| 11 | Encompass | $3,234 |
| 12 | Liberty Mutual | $3,645 |
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USAA may offer some of the most affordable car insurance rates in New Orleans at around $1,642 per year. This is $772 less than the average price paid by Louisiana drivers of $2,414. MetLife, GEICO, Progressive, and Safeway would also be considered some of the most economical New Orleans, LA insurance companies.
In the above example, if you are currently insured with MetLife and switched to USAA, you might see a yearly savings of roughly $212. Louisiana drivers with GEICO might save as much as $303 a year, and Progressive policyholders might lower prices by up to $304 a year.
To find out how much you can save, click here to start your custom quote or quote rates from the companies below.
Understand that those prices are averaged across all insureds and vehicles and and are not figured with an exact vehicle garaging location for seniors. So the company that has the lowest price for you may not even be in the top 12 companies in the list above. That illustrates why you need to get car insurance quotes using your own specific driver information and vehicle.
The type of vehicle requiring coverage is one of the biggest factors when quoting the cheapest coverage for seniors. Vehicles with high performance engines, a lack of modern safety features, or an increased likelihood of liability claims will cost significantly more to insure than more economical and safe models. The data below shows car insurance premiums for some of the cheapest automobiles to buy coverage for.
| Insured Vehicle | Estimated Cost for Full Coverage |
|---|---|
| Ford Escape XLS 4WD | $1,963 |
| Honda CR-V LX 2WD | $1,972 |
| Toyota Prius | $2,177 |
| Ford Explorer XLT 2WD | $2,195 |
| Dodge Grand Caravan CV | $2,203 |
| Ford Edge SEL 2WD | $2,274 |
| Ford Focus SE 4-Dr Sedan | $2,283 |
| Honda Civic DX 4-Dr Sedan | $2,274 |
| Volkswagen Jetta 2.0T Station Wagon | $2,302 |
| Chevrolet Impala LT | $2,319 |
| Toyota RAV4 Limited 4WD | $2,329 |
| Toyota Camry LE | $2,319 |
| Nissan Altima 2.5 4-Dr Sedan | $2,327 |
| Chevrolet Malibu Hybrid | $2,319 |
| Chevrolet Equinox LS AWD | $2,328 |
| GMC Sierra SL Extended Cab 2WD | $2,319 |
| Jeep Grand Cherokee Laredo 2WD | $2,325 |
| Ford F-150 FX4 Super Cab 4WD | $2,364 |
| Toyota Tacoma Double Cab 4WD | $2,371 |
| Jeep Wrangler Unlimited Sahara 2WD 4-Dr | $2,392 |
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Premium data assumes married male driver age 60, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Louisiana minimum liability limits. Discounts applied include homeowner, claim-free, multi-vehicle, safe-driver, and multi-policy. Price estimates do not factor in New Orleans, LA location which can impact price quotes noticeably.
Looking at the numbers, you can conclude that makes and models like the Ford Escape, Honda CR-V, Toyota Prius, Ford Explorer, and Dodge Grand Caravan should be a few of the most affordable vehicles to insure for senior citizens.
How accidents and violations affect rates in New Orleans
In a perfect world, the best way to find the most affordable auto insurance rates for senior citizens is to be a cautious driver and avoid accidents and traffic violations. The information below shows how speeding tickets and at-fault claims can affect annual premium costs for each age group. The premiums assume a married male driver, full physical damage coverage, $250 deductibles, and no discounts are applied.
The data charted above shows the average cost of a car insurance policy per year with a clean driving record and no accidents is $2,768. Receive two speeding tickets and the average cost hikes up to $3,829, an increase of $1,061 each year. Next add one accident along with the two speeding tickets and the annual cost of auto insurance for seniors goes up to an average of $4,913. That’s an increase of $2,145, or $179 per month, just for not being more responsible behind the wheel!
How to find a good Louisiana auto insurance company
Picking the top insurance provider can be challenging considering how many choices drivers have in New Orleans. The information displayed below may help you select which auto insurers you want to consider when comparing rates.
The rankings below are only comprised of companies that insure vehicles across America, so companies that only write business in Louisiana or surrounding areas are not included in these rankings. To compare rates from these and other competitive companies, follow this link.
| 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
How to find the cheapest car insurance for seniors
The list below details some of the recommended money-saving solutions that can help you get more affordable coverage.
- Frequent claims may make car insurance unaffordable
- Assess whether full coverage is needed
- Raise physical damage deductibles
- Better credit rating means better rates
- Home or renters coverage can save on auto insurance
- Safer vehicles generally have cheaper insurance rates
- Shop around for cheaper prices
The final tip is notably important, as was affirmed in this article. Coverage rates change a lot, so drivers shouldn’t be reluctant to switch companies if a cheaper rate is available. Having brand loyalty is commendable, but it’s not a good idea if that stubbornness costs you lots of hard earned cash every month. In just a few minutes you could compare prices to find cheaper car insurance for seniors in New Orleans.