Are Car Insurance Premiums Rising or Falling in Louisiana?

Most drivers can attest to the fact auto insurance rates tend to increase each year. But car insurance is complicated: reasoning for rate hikes and price cuts may vary, and trends may differ based on the driver's location.

Among the primary rating factors insurance companies use to set rates is location. The ZIP code, city, and state in which a car is parked and driven are weighed when setting car insurance rates, depending on state regulations and the variable risk associated with insuring a vehicle in a particular area.

Because car insurance pricing is multi-faceted, yearly pricing trends are different in every state. Car insurance rates could be on their way up each year in a state but decreasing in a neighboring area.

See below trending auto insurance rates in Louisiana. If your policy isn't following your state's trend, consider shopping for a cheaper insurance option. The Zebra's car insurance comparison engine allows you to get auto insurance rates based on your details — enter your ZIP below to get started.


Auto insurance rate trends in Louisiana


In Louisiana, average annual auto insurance premiums increased by $124 over the past year. The typical driver in Louisiana pays an average of $2,339 each year.

The recent pricing trend in Louisiana points to more expensive car insurance costs. Between 2015 and 2018, rates grew more expensive by an average of $645 each year. At the same time, insurance rates nationwide have increased steadily in recent years, increasing from $1,280 in 2015 to $1,470 in 2018.


LOUISIANA AUTO INSURANCE TRENDS
Year Avg. Annual Premium — Louisiana Yearly Change — Louisiana Avg. Annual Premium — US Yearly Change — USA
2018 $2,339 $124 $1,470 $32
2017 $2,215 $159 $1,437 $69
2016 $2,056 $362 $1,368 $88
2015 $1,694 $6 $1,280 $51
2014 $1,688 $188 $1,229 $34
2013 $1,500 $91 $1,195 -$80
2012 $1,409 -$122 $1,276 $82

If your policy pricing trend doesn't align with the above, the best step to take is to shop around.


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How are auto insurance rates trending in major Louisiana cities?


Auto insurance policies are priced at the ZIP code level with a variety of location-specific variables impacting how much you pay. That means drivers could see major differences in their insurance rates, based solely on their ZIP code or city. For example, New Orleans drivers experienced a larger premium increase (7.9%) than did drivers in Metairie (7.6%) between 2018 and 2017.

See below yearly rates of change in the largest cities in Louisiana If your location is experiencing ongoing rate hikes, consider shopping for a cheaper policy.


City Avg. Rate Increase — 2018 vs. 2017
New Orleans 7.9%
Metairie 7.6%
Baton Rouge 7.5%
Lafayette 6.5%
Shreveport 6.3%

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Ross MartinManager, Content Quality

As a licensed insurance agent, Ross researches and writes insurance content intended to help users make informed decisions.

Ross's background is in writing and education. He holds a master's degree from Royal Holloway, University of London.

Ross's work has been cited by The New York Times, Investopedia, The Simple DollarThe BalanceCar and Driver and Fox Business. He has been quoted by CNET, I Drive Safely and Kin Insurance