Cheapest Car Insurance for High Mileage Drivers in Louisiana

The words “cheap” and “auto insurance” really should not be used together, specifically when you are shopping around for the best coverage prices for high mileage drivers. Let’s teach you a few of the factors that impact car insurance rates, and find a way to reduce the cost of your next policy.

Figuring out which company has the cheapest car insurance rates for high mileage drivers will require a tad more effort than just quoting one company’s rates. Every car insurance company has a different process to set their prices, so we need to take a look at the car insurance companies that tend to be cheaper in Louisiana.

It’s important to know that Louisiana car insurance rates are impacted by many things that will increase or decrease the price you pay for coverage. Simply having another birthday, buying a different home, or having a fender bender can cause premium changes that can cause some rates to be cheaper than competitors.

Best Car Insurance Prices in Louisiana

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USAA normally has some of the cheapest car insurance rates in Louisiana at around $1,578 each year. MetLife, Progressive, GEICO, and Safeway would also be considered some of the cheapest Louisiana car insurance companies.

In the above rates, if you currently have coverage with GEICO and switched to USAA, you might realize a yearly price reduction of around $387. Insureds with Safeway may save as much as $642 a year, and Southern Farm Bureau policyholders might reduce prices by as much as $670 a year.

To find the cheapest auto insurance for high mileage drivers in Louisiana for your vehicle, click here or visit any of the companies below.

Understand that those policy prices are averages for all drivers and vehicles in Louisiana and and are not calculated with a rate discount for high mileage drivers. So the company that has the lowest price for you may not even be shown in the above list. That point stresses why you need to compare rates from as many companies as possible using your own personal information and vehicle type.

The model of vehicle requiring coverage is one of the largest considerations when shopping for the most affordable coverage for high mileage drivers. Vehicles with lots of speed or power, poor passenger safety features, or high incidents of liability claims will cost more to insure than more modest models.

The next lists features coverage costs for some of the most affordable automobiles to insure.

Table data represents married female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Louisiana minimum liability limits. Discounts applied include multi-policy, multi-vehicle, safe-driver, homeowner, and claim-free. Premium costs do not factor in specific location information which can raise or lower coverage rates greatly.

Cost estimates assume married female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Louisiana minimum liability limits. Discounts applied include safe-driver, multi-vehicle, claim-free, multi-policy, and homeowner. Premium costs do not factor in specific location which can impact price quotes significantly.

Above prices assume married female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Louisiana minimum liability limits. Discounts applied include claim-free, safe-driver, multi-vehicle, homeowner, and multi-policy. Rate quotes do not factor in specific Louisiana garaging location which can affect auto insurance rates substantially.

Irresponsible driving raises your rates

In a perfect world, the ideal way to maintain the most affordable car insurance premiums in Louisiana for high mileage drivers is to drive safe and avoid accidents and keep your driving record clean. The illustration below demonstrates how citations and accidents can impact yearly insurance costs for different insured age categories. The price estimates are based on a married male driver, full coverage, $500 deductibles, and no discounts are applied.

google.charts.setOnLoadCallback(drawVioqcibChart);function drawVioqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘No Violations or Accidents’, ‘One Speeding Ticket and No Accidents’, ‘One Speeding Ticket and One Accident’],[‘Age 20’, 4307,4681,5731],[‘Age 30’, 2217,2591,3643],[‘Age 40’, 2151,2525,3575],[‘Age 50’, 1969,2347,3399],[‘Age 60’, 1937,2313,3361],[‘Age 70’, 2269,2641,3693]]);var options = {title: ‘Impact of Tickets and Accidents on Louisiana Insurance Premiums’,titleTextStyle: {color: ‘#333’, fontSize: 17, bold: true},width: ‘100%’,height: 600,’chartArea’: {left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’,textStyle: {fontSize: 12}},colors:[‘#b2da64′,’#eed355′,’#e39e71’],hAxis: {title: ‘Annual Auto Insurance Cost for Average Vehicle in Louisiana’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);formatter.format(data,3);var chart = new google.visualization.BarChart(document.getElementById(‘qcibvio’));chart.draw(data, options);}

The chart shows that the average cost of car insurance in Louisiana per year with no accidents or violations is $2,475. Receive one speeding ticket and the average cost jumps to $2,850, an increase of $375 each year. Now add in one accident along with the one speeding ticket and the 12-month cost of car insurance for high mileage drivers increases to an average of $3,900. That’s an increase of $1,425, or $119 per month, just for a couple of infractions!

The chart below shows how choosing a deductible can change insurance rates when getting quotes for cheap insurance for high mileage drivers. The prices are based on a single female driver, comprehensive and collision coverage, and no discounts are applied to the premium.

google.charts.setOnLoadCallback(drawDfdqcibChart);function drawDfdqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘$100 Deductible’,’$250 Deductible’,’$500 Deductible’,’$1,000 Deductible’],[‘Age 20’, 4991,4579,4133,3713],[‘Age 30’, 3425,3129,2795,2477],[‘Age 40’, 3181,2911,2609,2323],[‘Age 50’, 2777,2543,2279,2029],[‘Age 60’, 2687,2461,2207,1967],[‘Age 70’, 3149,2887,2603,2335]]);var options = {title: ‘Impact of Higher Deductibles on Car Insurance Rates in Louisiana’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 700,’chartArea’: {left:100,top:50,’width’: ‘100%’,’height’: ‘80%’},legend: {position: ‘bottom’,textStyle: {fontSize: 12}},bar: {groupWidth: ‘80%’},colors: [‘#6791b9′,’#75a8d8′,’#98bee2′,’#bad4ec’],hAxis: {title: ‘Annual Auto Insurance Cost for Average Vehicle’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);formatter.format(data,3);formatter.format(data,4);var chart = new google.visualization.BarChart(document.getElementById(‘qcibdfd’));chart.draw(data, options);}

In the chart above, a 30-year-old driver could lower their policy premium by $572 a year by switching the physical damage coverage from a $100 deductible to a $500 deductible, or save $858 by using a $1,000 deductible. Even younger drivers, such as the 20-year-old chart data, could shave $1,278 or more just by choosing larger deductibles.

When increasing deductibles, it will now be necessary to have enough savings to enable you to pay the extra out-of-pocket expense, which deters some drivers from choosing higher deductibles.

How to find the cheapest auto insurance for high mileage drivers in Louisiana

Below you’ll find many thrifty ideas that can help you quote lower-cost auto insurance.

• Drivers with good credit often pay less
• Speeding tickets and other violations increase rates
• Higher comprehensive and collision coverage deductibles will save money
• Buy vehicles with five-star safety ratings
• If your vehicles are older, consider dropping full coverage
• Having at-fault accidents will increase rates
• Comparison shop at least every other year

That final tip is especially important, as was pointed out in the prior information. Prices charged by auto insurers in Louisiana change frequently, so don’t be afraid to buy from a new company if you can find a cheaper rate. Sticking with a specific company is fine, but it’s not a great idea if that dedication is costing a lot of money. It only take a few minutes to compare prices and find cheaper auto insurance for high mileage drivers.