Sad but true, almost 70% of insureds in Louisiana kept buying from the same company for over three years, and approximately 40% of consumers have never compared rate quotes at all. The average driver in the United States could save roughly 47% every year by just shopping around, but most tend to underestimate the rate savings if they moved their coverage to a different company.
If you want to save money, the best way to get cheaper Scion tC insurance is to compare prices once a year from providers who sell auto insurance in New Orleans.
Step 1: Gain an understanding of how insurance companies determine prices and the measures you can control to prevent high rates. Many risk factors that result in higher rates like at-fault accidents and a not-so-good credit score can be improved by making small lifestyle or driving habit changes. Read the full article for tips to prevent rate hikes and find overlooked discounts.
Step 2: Get rate quotes from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can only quote rates from a single company like Progressive or Farmers Insurance, while agents who are independent can quote rates from multiple companies. Compare rates now
Step 3: Compare the new rates to the premium of your current policy to see if a cheaper rate is available. If you find a better price and buy the policy, make sure there is no lapse in coverage.
Step 4: Provide notification to your current company to cancel your current coverage and submit any necessary down payment along with the completed application for the new coverage. Immediately place your new proof of insurance paperwork in your vehicle’s glove compartment or console.
An important part of this process is to try to compare the same coverage limits and deductibles on every quote request and and to get price quotes from as many auto insurance providers as possible. This guarantees a fair rate comparison and a complete price analysis.
Buying affordable protection in New Orleans is not as hard as you think. Virtually each driver who is looking for cheaper car insurance stands a good chance to buy a cheaper policy. But Louisiana drivers do need to learn the way companies set your policy premium and use it to find better rates.
Most major insurance companies such as Allstate and Progressive make it easy to get price estimates on the web. Comparing Scion tC insurance rates online is pretty easy as you just enter the coverage amounts you desire as detailed in the form. Behind the scenes, their quoting system sends out for reports for credit and driving violations and gives you a price quote determined by many factors.
The ability to get online rates for Scion tC insurance in New Orleans makes it a lot easier to compare rates and it’s absolutely necessary to get many rate quotes if you are searching for cheaper car insurance pricing.
To find out what other companies charge, compare rates now from the companies shown below. If you have a policy now, it’s recommended you copy the coverage information as shown on your current policy. This makes sure you are getting rate quotes for exact coverage.
The companies shown below are our best choices to provide quotes in New Orleans, LA. If you want to find the cheapest car insurance in New Orleans, it’s highly recommended you visit two to three different companies to get a more complete price comparison.
Cheaper New Orleans car insurance rates with discounts
Some providers don’t always list every policy discount very well, so the below list has both well-publicized and also the more inconspicuous discounts that may be available. If you don’t get every credit you qualify for, you could be getting lower rates.
- Own a Home and Save – Simply owning a home may earn you a small savings because owning a home requires personal responsibility.
- Anti-lock Brake Discount – Cars and trucks that have steering control and anti-lock brakes can avoid accidents so you can save 10 percent or more.
- E-sign – Some insurance companies will discount your bill up to fifty bucks for buying your policy online.
- Low Mileage Discounts – Low mileage vehicles could be rewarded with lower prices due to less chance of an accident.
- Full Payment Discount – By paying your policy upfront rather than paying monthly you may reduce your total bill.
One last thing about discounts, most of the big mark downs will not be given to the entire cost. Some only apply to the cost of specific coverages such as liability, collision or medical payments. Even though it appears you could get a free car insurance policy, you aren’t that lucky. But any discount will lower the cost of coverage.
The example below illustrates the difference between Scion tC insurance costs with and without discounts applied to the rates. The rate quotes are based on a male driver, no accidents, no driving violations, Louisiana state minimum liability limits, comp and collision included, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, multi-car, safe-driver, marriage, homeowner, and claim-free discounts applied.
A few popular companies and some of the discounts are shown below.
- Progressive includes discounts for online signing, continuous coverage, online quote discount, good student, multi-policy, and multi-vehicle.
- AAA offers premium reductions for multi-policy, good student, good driver, pay-in-full, and AAA membership discount.
- Farmers Insurance has discounts for business and professional, bundle discounts, mature driver, switch companies, distant student, early shopping, and alternative fuel.
- GEICO has savings for seat belt use, federal employee, emergency military deployment, five-year accident-free, and multi-policy.
- Esurance offers discounts for multi-car, paid-in-full, online shopper, Pac-12 alumni, and multi-policy.
- SAFECO policyholders can earn discounts including safe driver, anti-theft, accident prevention training, teen safe driver, multi-car, drive less, and homeowner.
- State Farm may have discounts that include good driver, good student, Drive Safe & Save, passive restraint, accident-free, and defensive driving training.
When getting a coverage quote, ask all companies you are considering to apply every possible discount. Some of the discounts discussed earlier might not be offered in your state. To view providers that offer many of these discounts in Louisiana, click this link.
Scion tC insurance analysis
The coverage information displayed below highlights detailed analysis of insurance policy prices for Scion tC models. Having a better understanding of how car insurance premiums are determined helps drivers make decisions on which insurance to purchase.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| TC 2-Dr Hatchback | $212 | $584 | $754 | $44 | $226 | $1,820 | $152 |
| Get Your Own Custom Quote Go | |||||||
Prices based on single female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Louisiana minimum liability limits. Discounts applied include safe-driver, multi-vehicle, multi-policy, homeowner, and claim-free. Price information does not factor in specific location which can revise prices noticeably.
Analysis of deductible levels
One of the most common insurance questions is which comprehensive and collision deductibles to buy. The following tables show the rate differences between high and low insurance deductibles. The first price estimate table uses a $100 deductible for physical damage and the second pricing table uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| TC 2-Dr Hatchback | $400 | $980 | $580 | $34 | $174 | $2,193 | $183 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| TC 2-Dr Hatchback | $292 | $662 | $580 | $34 | $174 | $1,742 | $145 |
| Get Your Own Custom Quote Go | |||||||
Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, and Louisiana minimum liability limits. Discounts applied include claim-free, multi-policy, multi-vehicle, homeowner, and safe-driver. Estimates do not factor in the specific area where the vehicle is garaged which can alter auto insurance rates noticeably.
Using the premium rates above, we can conclude that using a $100 deductible would cost the average driver about $38 more each month or $456 each year than requesting the higher $500 deductible. Because you would pay $400 more to file a claim with a $500 deductible as compared to a $100 deductible, if you go more than 11 months between claim filings, you would come out ahead if you elect the higher deductible.
Calculation for raising deductibles
| Average monthly premium for $100 deductibles: | $183 |
| Average monthly premium for $500 deductibles (subtract): | – $145 |
| Monthly savings from raising deductible: | $38 |
| Difference between deductibles ($500 – $100): | $400 |
| Divide difference by monthly savings: | $400 / $38 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 11 months |
The chart below illustrates how your choice of deductibles and can impact Scion tC insurance premiums for each age group. Data assumes a single male driver, comprehensive and collision coverage, and no other discounts are factored in.
Choices You Make Can Impact Your Insurance Costs
Many factors are part of the equation when you get your auto insurance bill. Some factors are common sense like a motor vehicle report, although some other factors are not as apparent such as your credit history or how financially stable you are. An important part of buying insurance is that you know some of the elements that help calculate the level of your policy premiums. When you understand what controls the rates you pay, this helps enable you to make changes that could help you find lower rates.
The items below are some of the things used by your company to calculate rates.
Poor driving habits means higher premiums – Even one citation can increase rates twenty percent or more. Drivers who don’t get tickets pay less for auto insurance compared to drivers with tickets. Drivers who have severe violations like DUI, reckless driving or excessive speeding may be required to submit a SR-22 or proof of financial responsibility with their state in order to drive a vehicle legally.
The illustration below shows how violations and fender-benders can drive up Scion tC car insurance costs for different age categories. The premiums are based on a single male driver, comp and collision included, $1,000 deductibles, and no discounts are factored in.
Insurance companies don’t like frequent insurance claims – If you are a frequent claim filer, you can look forward to either a policy non-renewal or much higher rates. Car insurance companies in Louisiana provide lower rates to insureds who do not file claims often. Your insurance policy is intended to be relied upon for claims that you cannot pay yourself.
Policy lapses raise premiums – Allowing your insurance policy to lapse is a guaranteed way to pay more for insurance. In addition to paying higher rates, failure to provide proof of insurance may result in a fine, jail time, or a revoked license. You may then be required to provide proof of insurance in the form of an SR-22 filing with the Louisiana department of motor vehicles.
Add-on coverages can cost a lot – Insurance policies have a lot of extra coverages that may not really be needed if you don’t pay attention. Insurance for vanishing deductibles, high-cost glass coverage, and extra equipment coverage could be just wasting money. These coverages may sound good initially, but your needs may have changed so get rid of them and save.
Scion tC insurance loss probability – Insurers analyze the history of losses when setting premium costs. Vehicles that the statistics show to have a trend towards higher claims will have higher rates. The next table illustrates the historical insurance loss data for Scion tC vehicles.
For each policy coverage, the claim probability for all vehicles averaged together is considered to be 100. Percentages below 100 are indicative of better than average losses, while percentage numbers above 100 indicate a higher chance of having a claim or tendency to have higher losses.
| Vehicle Make and Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Scion tC | 133 | 139 | 136 | 148 | 152 | 143 |
Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Neighborhood agents and insurance
Certain consumers just prefer to visit with an insurance agent and that is a personal choice. An additional benefit of price shopping on the web is that drivers can save money and get cheap rate quotes and still buy from a local agent. Buying from neighborhood agents is especially important in New Orleans.
To help locate an agent, after submitting this quick form, your insurance coverage information is immediately sent to insurance agents in New Orleans who will give competitive quotes for your insurance coverage. It simplifies rate comparisons since you won’t have to visit any agencies since price quotes are sent immediately to you. You can get cheaper insurance rates AND an agent nearby. If you want to get a rate quote for a specific company, you would need to search and find their rate quote page and give them your coverage information.
Auto insurance agents in New Orleans come in two varieties
When finding a good New Orleans insurance agent, it’s important to understand the different types of agencies that you can choose from. Agents in New Orleans are either independent or exclusive.
Independent Insurance Agents (or Brokers)
These agents can sell policies from many different companies and that gives them the ability to insure amongst many companies depending on which coverage is best. If they find a cheaper price, they simply move your policy to a different company and you can keep the same agent.
When comparing rates, you need to get quotes from several independent insurance agents in order to compare the most rates. They often place coverage with small mutual carriers that can offer cheaper rates than bigger companies.
Listed below are New Orleans independent agencies that may be able to provide free price quotes.
- Above and Beyond Insurance Agency LLC
10001 Lake Forest Blvd #315 – New Orleans, LA 70127 – (504) 383-7432 – View Map - J Everett Eaves
650 Poydras St # 1500 – New Orleans, LA 70130 – (504) 581-5353 – View Map - Robert Sheard Insurance
1601 Gordon St – New Orleans, LA 70117 – (504) 947-3044 – View Map
Exclusive Agents
Exclusive insurance agents write business for a single company like Farmers Insurance, Allstate, or State Farm. Exclusive agents cannot provide rate quotes from other companies so they have to upsell other benefits. Exclusive insurance agents are usually quite knowledgeable on their company’s products which can be an advantage. Drivers often use the same exclusive agent primarily because of the prominence of the brand rather than having the cheapest rates.
Listed below is a short list of exclusive agencies in New Orleans that are able to give comparison quotes.
- Allstate Insurance: Daniel Occhi
4006 Canal St – New Orleans, LA 70119 – (504) 517-9080 – View Map - Allstate Insurance: Rene Manfre
13040 I- 10 Service Rd – New Orleans, LA 70128 – (504) 218-1586 – View Map - Cas Fontenot State Farm®
3201 General De Gaulle Dr #103 – New Orleans, LA 70114 – (504) 366-8686 – View Map
Finding a good insurance agent shouldn’t rely on just a cheap price. Some important questions to ask are:
- Will you work with the agent or an assistant?
- Does the agency have a current Errors and Omissions policy?
- Do they have a Better Business Bureau rating in New Orleans?
- Will they make sure you get an adequate claim settlement?
- Does the agent recommend any additional coverage?
- How long has their agency been in business in New Orleans?
If you feel you receive positive feedback to any questions you have as well as offering an affordable quote, you have narrowed it down to an auto insurance agent that is a good match to properly insure your vehicles. Just understand that you can always terminate coverage whenever you wish so never assume that you are permanently stuck with a specific agent indefinitely.
Do I need special coverages?
When quoting and choosing adequate coverage for your vehicles, there isn’t really a perfect coverage plan. Each situation is unique so this has to be addressed.
These are some specific questions may help highlight whether your personal situation will benefit from professional help.
- Am I insured when driving a different vehicle?
- Does coverage extend to my business vehicle?
- Why am I required to buy high-risk coverage?
- What is an SR-22 filing?
- Does medical payments coverage apply to all occupants?
- What if I don’t agree with a claim settlement offer?
- Is my camper covered by my car insurance policy?
- Who does medical payments coverage extend to?
- Will I lose any money if I cancel my policy before it expires?
- I have good health insurance, so how much medical payments coverage do I need?
If you don’t know the answers to these questions but you know they apply to you, you might consider talking to an agent. To find an agent in your area, take a second and complete this form or click here for a list of auto insurance companies in your area.
Persistence is the key to cheap rates
More affordable auto insurance in New Orleans is possible both online as well as from independent agents in New Orleans, so you should compare both in order to have the best chance of saving money. Some insurance companies do not offer the ability to get a quote online and most of the time these smaller companies work with independent agencies.
We’ve covered a lot of tips how to get a better price on Scion tC insurance in New Orleans. The most important thing to understand is the more quotes you get, the better your chances of lowering your rates. Drivers may even discover the best price on auto insurance is with some of the smallest insurance companies. Regional companies often have lower rates on specific markets compared to the large companies like Allstate or State Farm.
When trying to cut insurance costs, it’s very important that you do not sacrifice coverage to reduce premiums. Too many times, someone dropped liability coverage limits only to find out they didn’t have enough coverage. Your goal should be to purchase plenty of coverage at the best cost, not the least amount of coverage.
Helpful articles
- Should I Purchase an Umbrella Liability Policy? (Insurance Information Institute)
- Who Has Cheap Car Insurance for Uber Drivers in New Orleans? (FAQ)
- Who Has Cheap New Orleans Car Insurance After a Speeding Ticket? (FAQ)
- Who Has the Cheapest Car Insurance Quotes for Drivers Requiring a SR22 in New Orleans? (FAQ)
- What Car Insurance is Cheapest for Drivers with a Bad Driving Record in New Orleans? (FAQ)
- What Car Insurance is Cheapest for First-time Drivers in New Orleans? (FAQ)
- What Auto Insurance is Cheapest for a Mazda CX-7 in New Orleans? (FAQ)
- Safe Vehicles for Teens (iihs.org)
- Alcohol Impaired Driving FAQ (iihs.org)
- Tools for Teen Driving Safety (State Farm)