Unfortunately, your income isn't a rating factor for your car insurance. While there are some programs that can help you, outlined here
, I don't know any based in Louisiana. Moreover, because of the high claim payouts for car insurance in Louisiana, it does tend to be one of the more expensive states. Many popular car insurance companies cannot even afford to write policies there. Here are my suggestions for you in order to help reduce your insurance premium:
- Reduce coverage: if your vehicle is worth less than $4,000, you might not need your collision and comprehensive coverage. You can determine the value of your vehicle through online resources such as Kelley Blue Book and NADA online. If your vehicle is worth more than $4,000, you should keep these coverages. But you can still save by raising your deductible. Because your premium and deductibles are inversely related, you can lower one by raising another.
- Shop around frequently: your current rate won't be affected by shopping with other companies. Use our comparison calculator here to see competitive rates from other companies.
- Double check for all available discounts: you can contact your insurance company or see a list of commonly accepted discounts here
My best advice to you is to shop around with other companies. Although Louisiana
is a fairly expensive state for insurance, it is not impossible to find something affordable. For more information on car insurance quotes and finding cheap car insurance, feel free to explore our additional articles below. Best cheap car insurance companies in 2018 What goes into your car insurance quotes