Everything You Need to Know About Auto Insurance in Louisiana
Located in northern Louisiana, Monroe is one of the state’s most well-rounded destinations. One of its most notable tourist destinations is the stunning Black Bayou Lake National Wildlife Refuge, a 5,300-acre powerhouse home to indigenous bird species, nature trails, bottomland hardwood forests, and all the best deep swamp land has to offer.
Some of Monroe’s most popular attractions include the Biedenharn Museum and Gardens, Chennault Aviation and Military Museum, and the Masur Museum of Art.
Do not think of driving in Monroe without an auto insurance policy. Keep reading to learn more about car insurance in Louisiana, including average rates, penalties for driving without insurance in Louisiana, and how you can save a few dollars off your next monthly bill.
How Much Does Car Insurance Cost in Monroe, LA?
Monroe drivers pay an average monthly rate of $190 for full coverage, which is significantly higher than the national average of $140. According to the Insurance information Institute, Louisiana was the most expensive state for auto insurance (2019), followed by Michigan, New York, the District of Columbia, and Florida.
The state-required minimum liability averages $72, much more than the national average of $47.
Why is Auto Insurance So Expensive in Louisiana?
Louisiana drivers pay higher premiums than most states and there are several reasons why. For one, natural disasters in the form of devastating hurricanes are almost routine in this coastal state. Anytime the possibility of destruction to property is higher, insurers will raise their rates to help pay for claims.
Louisiana drivers are also court-happy. Personal injury lawsuits are higher there than in many states. This also has a tendency to raise rates for everyone.
Finally, uninsured drivers are numerous. Claims from wrecks caused by these drivers raises auto insurance rates higher.
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How Do Cities in Louisiana Compare in Insurance Rates?
It seems the closer you get to the coast, the higher the rates. For the average monthly premium paid in nearby cities to Monroe, check out our breakdown below:
|City||Full Coverage Insurance||Liability Insurance Coverage|
Affordable Car Insurance Rates by Zip Code in Monroe, LA
Not every zip code in Monroe pays the same average monthly premium. Every zip code has a specific claims rate, theft/vandalism rate, and other increased risk distinctions that make it harder for insurers to keep premiums low.
For the average monthly premium paid by Monroe residents by zip code, see our breakdown below:
|Zip Code||Full Coverage Insurance||Liability Insurance Coverage|
Low-Cost Car Insurance Rates by Age in Monroe, LA
Age is one of the biggest factors auto insurance uses to determine your premiums. Younger drivers will almost always pay higher premiums than older drivers, thanks to a shorter/spottier driving record and higher overall risk profile.
For the average monthly premium paid by Monroe residents by age, see our breakdown below:
|Age||Full Coverage Insurance||Liability Insurance Coverage|
Unless otherwise specified, we use the following methodology to arrive at our average cost: male, age 30, lowest possible legal coverage allowed by Louisiana. Your rates will be determined by several factors, including your age, your gender and the amount of coverage you want to purchase.
Driving Conditions in Monroe, LA
How Many Fatal Accidents Happen in Monroe?
In 2019, there were seven road traffic accidents in Monroe involving nine vehicles and 14 people, including four pedestrians.
How Are the Road Infrastructure and Bridges in Monroe, Louisiana?
Monroe’s Public Works Department is committed to maintaining all the roads and traffic infrastructure through its Street Division. Its Street Division is responsible for more than 300 miles of city streets and asphalt/concrete repairs, sewer systems, storm drainage, and improved traffic flow with continual projects throughout the city.
Minimum Car Insurance Requirements in Monroe, Louisiana
To drive legally in the state of Louisiana, you must carry the following minimum liability limits:
- Bodily injury liability coverage: $15,000 per person and $30,000 per accident
- Property damage liability: $25,000 per accident
State minimum liability protects you from third-party claims related to bodily injury and property damage. To cover your losses after a crash, we highly recommend purchasing full coverage, including first-party benefits like collision and comprehensive.
Collision coverages pay for damages sustained by your vehicle after colliding with another car or object. In turn, comprehensive insurance pays for damages due to non-collision-related damages, such as contact with animals, riots, natural disasters, and falling objects like tree limbs and hail.
What Are the Penalties for Driving Without Insurance in Monroe, LA?
Expect heavy penalties for driving without insurance in Louisiana.
First-time offenders will be on the hook for a $100 reinstatement and $10 administration fee on top of a suspended registration and driver’s license until proof of insurance is provided. Second offenses bump the reinstatement fee to $250, and third/subsequent offenses bump it further to $500.
Anyone caught driving without insurance may be required to file an SR-22 certificate, which can raise your rates exponentially.
You must purchase a new policy or face state fines if your insurance lapses. For example, lapsed insurance up to 30 days will assess a $125 penalty versus $275 for 31-90 days and $525 for 91 days or longer.
Remember, all Louisiana drivers must carry minimum liability limits of $15,000 in bodily injury liability per person, $30,000 in bodily injury liability per accident, and $25,000 in property damage liability per accident.
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Car Insurance Factors Allowed in Monroe, LA
In Monroe, auto insurance applies different underwriting criteria to determine your rate, including:
- Driving record
- Zip code
- Marital status
- Credit score
- Type of vehicle
Remember to consider the type of vehicle you drive. For example, a 2022 Tesla Model X will have significantly higher premiums than an older 1998 Toyota Corolla, thanks to the increased cost of parts and labor.
What You Need to Know About Driving in Louisiana
Louisiana officials passed legislation in 2011 known as the No Pay, No Play law. Other states are following suit. This law is intended to discourage people from driving without insurance.
According to this law, if you cause an accident and you do not have car insurance, you can be held personally liable for injuries and damage you cause. But even more important is that if even if you are in an accident that is not your fault, if you are driving without insurance, you will be seriously limited in what you can recover from the at-fault driver’s insurance company.
So, in a nutshell, if you choose to drive without insurance in Louisiana and you get into an accident that is not your fault, you may not be able to collect for injuries and damages.
Discounts for Car Insurance in Monroe, Louisiana
The best auto insurance discounts are good driver-related discounts, awarded to drivers who have maintained a clean driving record for the last three to five years. Other popular discounts include multi-policy (” bundling”), autopay/paperless billing, and safety-related discounts.
Discounts available to Monroe drivers include but are not limited to:
Not all insurers provide the same discounts or the same eligibility requirements for the same discounts. For example, a “Good Driver” discount by one insurer may require a claims-free record for the past three years versus a competing insurer, who may require a clean driving record for a longer period.
To stay on top of the latest discounts, we highly recommend calling your insurance company every couple of months, especially as your life circumstances change.
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Low-Cost Car Insurance in Monroe, LA Today!
All Monroe drivers must have an active auto insurance policy to drive legally. Let Freeway Insurance help you find an affordable one that meets all of your coverage needs.
Getting started with Freeway Insurance is easy. Visit a Monroe office near you, request an online quote, or call one of our friendly agents at 800-777-5620. We look forward to hearing from you soon.