New Orleans Car Insurance

Car Insurance in New Orleans

New Orleans premiums are 54% higher than the state average, which is why the city is known for its pricey premiums, so in New Orleans, it is imperative to cut costs while insuring a vehicle. Who doesn't like to save money? Check out some tips about how to save on car insurance in New Orleans.

• City Average: $3,433
• State Average: $2,225
• National Average: $1,427

New Orleans Car Insurance by Credit Rating

Improving your credit can save you a good bundle of money. Those in the bottom credit tier (300-579) pay an average of 109% more each year on premiums than those in the top credit tier (800-850). Moving from Very Poor (300-579) to Fair (580-669) has the greatest favorable impact on premiums, as it saves drivers an average of $650 per year.

• Very Poor: $6,229
• Fair: $5,133
• Good: $4,323
• Very Good: $3,626
• Exceptional: $2,976

New Orleans Car Insurance by Accident or Violation History

Do you know the impact an accident or violation can have on your prices on car insurance? A DUI will increase your car insurance premiums more than other driving violations. Typically, a DUI in New Orleans will cost you 50% more in car insurance premiums versus the city average ($3,433). Reckless driving will push your premiums up as well, with typical rates of $5,021. That is 46% higher than the city average. Accidents happen, even to safe drivers, so be prepared and learn the effect one can have on your rates. In New Orleans, those who are found at-fault in an accident spend 44% more than the city average on car insurance each year.

• DUI: $5,150
• Reckless Driving: $5,021
• At-fault Accident (damages less than $1000): $4,936
• At-fault Accident (damages greater than $2000): $4,936
• Speeding Ticket (16-20 mph over speed limit): $4,130

New Orleans Car Insurance by Age

When drivers reach their 20s in New Orleans, therefore moving out of the teenage age range, they can save $8,850 annually. It is the largest gap between any age group. Insurance rates continue to trend downward up until drivers hit 60. Among all age groups, drivers in their 50s have the smallest car insurance payments, with rates of $3,053 per year. Teenage drivers have the largest premiums amongst all the age groups. They pay around $13,490 on car insurance premiums.

• Teenagers: $13,490
• 20s: $4,640
• 30s: $3,398
• 40s: $3,317
• 50s: $3,053
• 60s: $3,339
• 70s: $3,432

New Orleans Car Insurance by Gender and Marital Status

There are quite a few factors, including gender and marital status, that can have an effect on car insurance premiums in New Orleans. Being married, as opposed to single, can save you close to $150 per year on car insurance. Rates for those who are widowed are slightly cheaper than rates for those who are single. Premiums for women are usually 2% more pricey than for men.

• Female: $3,505
• Male: $3,433
• Single: $3,433
• Married: $3,286
• Divorced: $3,433
• Widowed: $3,405

What drives up car insurance rates in New Orleans?

Where you live in New Orleans affects your car insurance rates. Besides your driving history and credit score, where you live is one of the biggest contributing factors to the car insurance rates you'll pay. The reason? Crime, theft and uninsured motorists vary by zip code. So if you find yourself in a neighborhood that doesn’t play well with others, car insurance companies may consider you a high risk to insure, meaning: your rates could be higher than those of a pal who lives just around the block. And, unfortunately New Orleans is no exception to the rule. From zip code 70124 to 70117, premiums rise by 21 percent—that’s $494.

Expensive New Orleans Zip Codes: 70146, 70119, 70116, 70145, 70117

Cheap New Orleans Zip Codes: 70124, 70115, 70114, 70118, 70131