Best Lafayette, LA Car Insurance in 2024

Car insurance in Lafayette, LA, is $5,777 on average. The Louisiana car insurance state average is $5,711, and the national average is $3,932. But why is Lafayette, LA car insurance so expensive?

Your auto insurance rates are determined by various factors, including the company you choose. Don’t worry – we’re here to help. Our guide explains how you can secure cheap car insurance in Lafayette, Louisiana, for every age, credit history, and driving record.

Ready to find affordable Lafayette, LA car insurance? Enter your ZIP code above to get started.

Monthly Lafayette, LA Car Insurance Rates by ZIP Code

Check out the monthly Lafayette, LA auto insurance rates by ZIP Code below:

Lafayette, LA Car Insurance Rates vs. Top US Metro Car Insurance Rates

You might find yourself asking how does my Lafayette, LA stack up against other top metro auto insurance rates? We’ve got your answer below.

What is the cheapest car insurance company in Lafayette, LA?

The cheapest car insurance company in Lafayette, LA, is USAA. However, USAA is only available for military veterans and their immediate families. The following most affordable companies are State Farm and Allstate.

Which Lafayette, LA auto insurance company has the cheapest rates? And how do those rates compare against the average Louisiana auto insurance company rates? We’ve got the answers below.

Here are the best car insurance companies in Lafayette, LA, ranked from cheapest to most expensive:

• USAA car insurance – $4,612
• State Farm car insurance – $4,739
• Allstate car insurance – $5,841
• Geico car insurance – $6,053
• Progressive car insurance – $7,641

USAA and State Farm are the only companies in Lafayette that have cheaper than average car insurance rates. However, there are many factors that affect car insurance rates.

The most significant factor is your driving record. Some car insurance companies provide up to 40 percent off if you have a clean driving record. You can even save money on monthly premiums if your credit history is good.

Another important factor that determines auto insurance is location. Car insurance companies can base your rates on the neighborhood ZIP code.

So what’s the cheapest neighborhood in Lafayette? The most affordable ZIP code in Lafayette, LA, is 70507, and its average car insurance cost is $442 per month.

Drivers under 25, however, could see car insurance rates that are twice as expensive. Meanwhile, motorists 25 and older will pay significantly less.

Lafayette, LA car insurance rates by age is an essential comparison because the top auto insurance company for one age group may not be the best company for another age group.

Your coverage level will play a major role in your Lafayette auto insurance rates. Find the cheapest Lafayette, LA auto insurance rates by coverage level below:

Your credit score will play a major role in your Lafayette auto insurance rates unless you live in these states where discrimination based on credit is not allowed: California, Hawaii, and Massachusetts. You may be able to get a good credit discount. Find the cheapest Lafayette, LA auto insurance rates by credit score below.

Your driving record will play a major role in your Lafayette auto insurance rates. For example, other factors aside, a Lafayette, LA DUI may increase your auto insurance rates 40 to 50 percent. Find the cheapest Lafayette, LA car insurance with a bad driving record.

Factors affecting auto insurance rates in Lafayette, LA may include your commute, coverage level, tickets, DUIs, and credit. Controlling these factors will help you maintain cheap Lafayette, Louisiana auto insurance.

These states no longer using gender to calculate your auto insurance rates — Hawaii, Massachusetts, Michigan, Montana, North Carolina, and Pennsylvania. But age is still a significant factor because young drivers are often considered high-risk. Therefore, teen car insurance is more expensive. Louisiana does use gender, so check out the average monthly auto insurance rates by age and gender in Lafayette, LA.

What are the minimum car insurance coverage requirements in Lafayette, LA?

All drivers must have the minimum amount of liability car insurance required in Louisiana, which are:

• $15,000 per person and $30,000 per incident for bodily injury liability
• $25,000 per incident for property damage
• $1,000 in Medical Payments coverage
• $15,000 per person and $30,000 per incident for Uninsured/Underinsured Motorist Coverage

Since medical payments and UM/UIM are part of Louisiana’s minimum requirements, you may not have to pay extra for them.

What affects car insurance rates in Lafayette, LA?

Your daily drive to work and your location’s vehicle theft rate can determine your auto insurance rate. But why? Your chances of getting into an accident increase the more you’re on the roadway.

Meanwhile, motor vehicle thefts determine your chances of filing a comprehensive car insurance claim. Is it likely? According to the FBI statistics, Lafayette, LA, had 321 auto thefts.

According to Numbeo, it takes 13 minutes for the average driver to get work in Lafayette, LA.

Lafayette, LA weather may affect your comprehensive coverage, also. City-Data reported 25 natural disasters in Lafayette in 2019, which is ten more than the national average.

Since the COVID-19 pandemic, Lafayette, LA news outlets, and databases worldwide have labeled the virus as a natural disaster.

Lafayette, LA Car Insurance: The Bottom Line

The best way to secure cheap car insurance in Lafayette, LA, is to maintain a clean driving record and make sure you have good credit. If you don’t have good credit, you can always improve your score by paying debts.

Also, take advantage of your vehicle’s safety and anti-theft features. Your car insurance provider may give you a car insurance discount for those.

Before you buy car insurance in Lafayette, LA, be sure you’ve checked rates with multiple companies. Enter your ZIP code below to get fast, free Lafayette, LA car insurance quotes.