What to Know about Car Insurance

In Louisiana

Facts about Car Insurance in Louisiana

The state of Louisiana requires all vehicle owners to carry car insurance. At a minimum, your policy must include liability insurance, which is designed to cover third-party injuries or property damage if you cause an accident. If you are caught driving without insurance in this state, you can be hit with fines between $500 and $1000, face the suspension of your driving privileges, and have your car impounded.

More Louisiana car insurance facts

  • Every year, Louisiana drivers collect about $3.74 billion in car insurance claims.
  • The average cost of an accident involving serious injuries in LA is $400,758.
  • The cost of a fatal car accident in Louisiana can reach as high as $1.55 million.
  • The average cost of an accident without injury in this state is $6,805.

Average Cost of Car Insurance in Louisiana 

Vehicle owners in Louisiana pay an average of $1,774 per year for their car insurance coverage. This is significantly higher than the national average of $1,311 per year. That’s why it’s so important to work with an independent agent. Independent agents work with multiple companies to get you the best insurance for your money. Costs are calculated individually, so your actual rate may be higher or lower than this amount depending on several factors like your vehicle's make, model, and year, your age, occupation and driving record, whether you own or rent your home, your claims history, and even your credit score.

Average Cost of Car Insurance Per Year

average cost of car insurance in louisiana

Why Choose an Independent Agent?

  • You can have all of your insurance needs handled by one local agent.
  • Independent agents can shop around to find you great policies at competitive rates.
  • Agents who live and work in your community understand your coverage needs.

Find an independent agent in Louisiana

My rates were getting too high with my previous insurer, so I researched alternatives. I found TrustedChoice.com, and liked what I saw, so I gave them a call. They were able to find me multiple agents that were able to provide me coverages with rates that were much lower than what I was paying. I made my decision, and will always recommend them.

five star review Mike of Lake Charles, LA Consumer Affairs

What Does Your Car Insurance Policy Cover? 

In Louisiana, all car insurance policies are required by law to include liability insurance.  Other coverage options, such as collision and comprehensive coverage, are not required by the state, but are usually required by lenders if you have financed or leased your vehicle. You can expect a typical Louisiana car insurance policy to include the following:

  1. Liability coverage:  (Required) Pays for third-party damage if you cause an accident. In Louisiana, your policy must include at least $15,000/person and $30,000/accident in bodily injury coverage, and at least $25,000 in property damage coverage. 
  2. Collision and comprehensive coverage:  (Not required) This is designed to cover damage to your own vehicle, regardless of fault. Collision insurance covers collision-related damage, while comprehensive insurance covers non-collision damage, including flood damage. 
  3. Medical payments coverage:  (Not required) Sometimes referred to as personal injury protection, or PIP, this insurance is designed to cover collision-related medical treatment for you and your passengers, regardless of who was at fault.
  4. Uninsured motorist coverage:  (Not required) This is designed to pay for your medical treatment and repairs to your car if you are involved in a collision that was caused by an uninsured, underinsured, or hit-and-run driver. 
  5. Towing and rental car reimbursement:  (Not required) This can cover the cost of roadside assistance and towing, if needed. Also, if repairing your car will take a few days, you can get reimbursed for the cost of a rental car until your vehicle is ready to be picked up.

New vehicles depreciate in value quickly. If you currently owe more for your car than it is worth, gap insurance can provide an added layer of protection in the event that your vehicle is totaled. Talk to your local independent agent to learn more.

Independent Insurance Agents in Louisiana

There are currently 421 independent insurance agents in Louisiana who are ready to help you find the best auto insurance policy. These agents are free to work with several different insurance providers, so they can provide you with a variety of customized car insurance quotes. Let a local independent agent help you find the most competitively priced policy to meet all your auto coverage needs.

Why go Independent

Why Go Independent When Looking for Car Insurance?

  • One call, multiple quotes
  • Pay less for more coverage
  • Expertise in your community