Average Cost Of Full Coverage Car Insurance In Louisiana

Introduction

If you live in Louisiana and are considering the purchase of full coverage car insurance, it is important to understand the average cost of such a policy. In Louisiana, the average cost of full coverage car insurance is $1,338 per year, which is slightly higher than the national average of $1,311. It is important to note, however, that the actual cost of your policy will vary depending on a variety of factors, including your age, driving history, and the type and amount of coverage you purchase.

Factors That Affect Cost

Your age is one of the main factors that will determine the cost of your full coverage car insurance policy. Generally speaking, younger drivers pay more for car insurance than older drivers. This is because younger drivers are generally seen as higher risk and are more likely to be involved in accidents. In Louisiana, a driver between the ages of 16 and 25 can expect to pay an average of $2,435 per year for full coverage car insurance. This is nearly double the average cost for all drivers.

Your driving history is another factor that can affect the cost of your full coverage car insurance policy. Drivers with a clean driving record will generally pay less for car insurance than those with a record of violations or accidents. Additionally, drivers with a history of DUIs will also pay more for car insurance. In Louisiana, a driver with a clean driving record can expect to pay an average of $1,212 per year for full coverage car insurance.

Types Of Coverage

The type and amount of coverage you choose will also affect the cost of your full coverage car insurance policy. Most full coverage policies will include liability coverage, which covers damages to other vehicles and property, as well as medical payments coverage and uninsured motorist coverage. You may also choose to purchase additional coverage, such as comprehensive coverage, which covers damage to your vehicle caused by theft, vandalism, or natural disasters, or collision coverage, which covers damage to your vehicle caused by an accident.

The amount of coverage you choose will also affect the cost of your full coverage car insurance policy. The higher the coverage limits, the more expensive the policy will be. For example, a policy with coverage limits of $50,000/$100,000/$50,000 will generally be more expensive than a policy with coverage limits of $25,000/$50,000/$25,000. It is important to choose the coverage limits that best fit your needs and budget.

Discounts

Finally, many car insurance companies offer discounts for drivers who meet certain criteria. For example, many companies offer discounts for drivers who have a good driving record, for drivers who have completed a defensive driving course, or for drivers who have multiple policies with the same insurer. If you qualify for any of these discounts, make sure to mention them when getting quotes for full coverage car insurance in Louisiana.

Conclusion

The average cost of full coverage car insurance in Louisiana is $1,338 per year, although the actual cost of your policy will vary depending on a variety of factors. Be sure to shop around and compare quotes from multiple companies to get the best rate for your full coverage car insurance policy. Additionally, you may be able to qualify for discounts if you meet certain criteria, so make sure to mention any applicable discounts when getting quotes.