Living in the Bayou State has its fair share of advantages. But unfortunately, the average price of car insurance is more expensive than most of the rest of the country, with only people in Michigan paying more. But that doesn’t mean you can’t find a good deal if you’re willing to put in the work.

When you’re shopping for car insurance, the best practice is to compare rates from as many insurance companies as you can. This can be done easily from your home by using Onlineautoinsurance.com. Just answer a few basic questions about you and your car, and we’ll help you compare rates from multiple companies in moments.

Before you get started, you need to know the basics. Read on to find out the minimum coverage requirements and learn about other policies you might need to keep you protected if you get into an accident.

Louisiana Car Insurance Laws

Louisiana law requires motorists to carry liability coverage on their vehicle to drive legally. The minimum coverage requirements are:

$15,000 for Bodily Injury Liability per person. This will pay medical expenses and lost wages from injuries to other people caused in an at-fault accident. It does not cover you or your passengers.

$30,000 Bodily Injury Liability per accident when there are multiple injuries, not to exceed the per-person limits.

$25,000 Property Damage Liability coverage to pay for damage to someone else’s vehicle or a stationary object or structure.

Failure to carry proof of insurance coverage or provide electronic proof can result in the vehicle being immediately impounded or suspended license plates. At this point, the motorist is given three days to provide valid proof to the Office of Motor Vehicles.

If stopped by an officer after the three days, the officer can impound the automobile until proof of insurance is provided and towing, and reinstatement fees are paid. The fines can range from $500 to $1,000.

If you don’t pay for car insurance, you might not get any reimbursement from an accident, even if you’re not at fault. Louisiana’s “No Pay, No Play” law is designed to reduce the number of uninsured motorists on the road. The law applies to property damage and medical expenses. Driving without insurance is not worth it, no matter what.

Other policies to consider

Having the minimum coverage still leaves you exposed to risks that won’t be covered. Liability insurance isn’t designed to pay for damages to your car or injuries you and your passengers sustain. The following policies are only a few of the possible options your insurance company might offer.

Comprehensive and collision, or full coverage, will pay for damages to your car no matter who’s responsible. If you’re still paying off your vehicle, or you drive a lease, you will be required to carry Comprehensive insurance. This will cover damages caused by floods or fires, as well as help pay to replace your vehicle if your car is stolen.

Collision coverage pays for damages to your vehicle from an accident or from hitting a stationary object or building. Even if you’re not at fault, your policy can supplement the other driver’s liability insurance, or cover you if they’re driving uninsured.

Personal Injury Protection pays for medical bills for injuries you or your passengers sustain in a car accident, no matter who is at fault. They can also help reimburse lost wages if your injury prevents you from working, and get you in-home help if it’s needed.

Uninsured and Underinsured Motorist Coverage is designed to supplement or replace another driver’s liability insurance if they don’t have coverage or if they’ve exceeded their limits in an accident they are at fault for. It will look just like a liability policy, with Bodily Injury coverage and Property Damage coverage, but instead, these are designed to protect you, your passengers, and your car, as long as you’re not at fault for an accident.

Uninsured and Underinsured motorist coverage is just what it sounds like. Louisiana has an above-average number of drivers without insurance compared to the rest of the nation, so many people opt for this policy in addition to full coverage.

You can usually add roadside assistance and towing and labor to your policy as well. This can get you a jump start or a tow to get repairs if you’re ever stuck on the side of the road, even if you haven’t been in an accident.

Factors that affect your rates

Your car insurance premiums are determined by more than the types of coverage you choose and your maximum limits on each policy. When you’re getting quotes to compare, you’ll need to provide accurate details about yourself in order to get accurate quotes.

Car insurance companies determine your rates based on risk assessment algorithms that differ from company to company. Personal details that the law allows them to use include age, address, your credit score, and whether you own or rent your home. Your claims history and driving history are also important factors.

Aside from personal factors, the type of vehicle you drive and how much you use it also affects your rates. Vehicles that cost more to repair or are more likely to be stolen generally cost more to cover. But if you don’t drive very much, you may be able to find a good deal on a low usage policy.

Once you sign up for your policy, that doesn’t mean your rates are set in stone. Getting a speeding ticket can hike your rates, as well as making a claim. But if your credit score improves, or you take a defensive driving class, you can lower your premiums. It’s worth checking other companies periodically, because the quoted rates may change over time, and the company that was cheapest for you initially may no longer be your best option.

Finding Cheap Louisiana Car Insurance

Shopping around is the best way to find the cheapest premiums available. Once you know the amount of coverage you need, you can start comparing car insurance quotes. This way, you can find out how much of a difference adding policies or raising the limits make, so you can make a more informed decision about the right amount of insurance coverage for you.

When comparing rates, be sure to take advantage of any discount that may apply. Some of the common discounts available are:

  • Multi-car: This is having two or more cars insured with the same company
  • Multi-line: Similarly, this is having a vehicle and homeowners or life insurance with the same carrier
  • Safe Driver: Many companies offer discounts for those with a clean driving record
  • Good Student: Full-time students with a “B” average can receive a good student discount
  • Some insurers provide farmers, veterans, and senior citizens discounted rates
  • Discounts for additional safety features such as anti-lock brakes, anti-theft devices, and airbags
  • Telematics devices can get you a discount with safe driving

The bottom line

You know you need coverage, but you need to use all the tools at your disposal to get the best price on an insurance policy. Drive safely, maintain a healthy credit rating, and compare as many car insurance quotes as possible to save money on your policy. But don’t cut coverage just to get a better deal. If your insurance company won’t protect you when you need help, it’s not worth the cost.

So get started comparing rates today, and don’t renew until you’ve compared other policies Switching carriers can save you even more money than any renewal discount they might offer. Still, you won’t know until you take the time to compare.