Best Shreveport, LA Auto Insurance in 2024 (We Suggest These 10 Companies)

The best Shreveport, LA auto insurance providers are State Farm, Geico, and Progressive. They offer rates as low as $45 a month for various types of coverage. State Farm remains the go-to reliable option for affordability.

These companies have competitive prices, although they consider factors such as driving records, credit scores, and vehicle types when tailoring their policies. Compare their rates to find the best deal for your needs.

Our Top 10 Company Picks: Best Shreveport, LA Auto Insurance

 

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#1– State Farm: Top Overall Pick

Pros

• Consistently Low Rates: State Farm offers a competitive rate of $52 in Shreveport, making it a strong choice for the best Shreveport, LA auto insurance in 2024.
• Strong Local Presence: Numerous agents in Shreveport provide personalized service and support.
• Accident Forgiveness: Policies in Shreveport include accident forgiveness avoiding rate hikes after minor incidents.

Cons

• No Military Discounts: Unlike USAA, State Farm in Shreveport doesn’t offer special discounts for military members.
• Limited Digital Experience: Some users in Shreveport find its online tools less intuitive. Discover our State Farm car insurance review for further insights.

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#2 – Geico: Best for Digital Experience

Pros

• Competitive Rates: Geico offers a reasonable monthly rate of $59 in Shreveport, keeping it a top choice for the best Shreveport, LA auto insurance.
• Superior Mobile App: Highly rated app for quick policy management and claims filing in Shreveport. Dive into our Geico car insurance review for more insights.
• Good Driver Discounts: Safe driving is rewarded with substantial discounts for residents in Shreveport.

Cons

• Limited Personal Interaction: Primarily operates online in Shreveport, which may not suit those preferring in-person service.
• Higher Rates After Accidents: Premiums in Shreveport can increase significantly after a claim.

#3 – Progressive: Best for Customizable Policies

Pros

• Competitive Rates: Progressive provides affordable rates at $53 per month in Shreveport, making it a top choice for the best Shreveport, LA auto insurance.
• Discounts for Multiple Vehicles: Offers significant savings for insuring more than one car in Shreveport.
• Strong Mobile App: A user-friendly app for managing claims and policy updates in Shreveport.  Browse our Progressive car insurance review to gain more information.

Cons

• Higher Rates for High-Risk Drivers: Progressive may charge more for drivers in Shreveport with past accidents or DUIs.
• Limited Coverage Options: Some specialized coverage options may not be available in Shreveport.

#4 – Allstate: Best for New Drivers

Pros

• Good Student Discounts: Allstate offers discounts for young drivers with good grades in Shreveport, helping families save on the best Shreveport, LA auto insurance.
• Extensive Coverage Options: Provides a wide range of optional coverages in Shreveport, including roadside assistance.
• Strong Local Agents: Many agents in Shreveport offer personalized advice and support.

Cons

• Higher Monthly Rates: At $54 per month, it’s more expensive than competitors in Shreveport. Refer to our Allstate car insurance review for additional details.
• Rate Increases After Claims: Policyholders in Shreveport may experience significant premium hikes after filing a claim.

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#5 – Farmers: Great for Bundling Policies

Pros

• Low Price for Premium: With a monthly premium of $50, Farmers is a low-priced policy for the best Shreveport, LA auto insurance.
• Awesome Discount for Bundling: Offers good discounts to bundle auto insurance with homeowners or life policies at Shreveport.
• Flexible Payment: Allows a flexible payment option so that the Shreveport resident can pay on dates convenient to them.

Cons

• Higher Rates for Higher-Risk Drivers: Premiums skyrocket for drivers who have less-than-perfect driving records in Shreveport.
• Limited Online Capabilities: Users in Shreveport consider the website and app to be not as intuitive as their competitors’ versions. Read our Farmers car insurance review to find out more.

#6 – Liberty Mutual: Best for Custom Coverage

Pros

• Flexible Coverage: Offers numerous add-ons to tailor policies to individual needs in Shreveport.
• Strong Discounts: Provides discounts in Shreveport for bundling, safe driving, and installing anti-theft devices.
• Easy Online Claims: Convenient online tools for quick and efficient claims processing in Shreveport.

Cons

• Mid-Range Rates: At $55 per month, it’s not the cheapest option in Shreveport for the best Shreveport, LA auto insurance,
• Mixed Customer Reviews: Some customers in Shreveport report issues with claim settlements. Visit our Liberty Mutual car insurance review to get the full scoop.

#7 – USAA: Best for Military Families

Pros

• Lowest Monthly Prices: The cheapest car insurance in Shreveport is offered by USAA at $45 per month, making it the top budget pick for the best Shreveport, LA auto insurance.
• Exclusive Benefits: Themed discounts and coverage offered to military families in Shreveport give value to the auto insurance provided to military members.
• Excellent Customer Service: USAA is renowned for high customer satisfaction among military families in Shreveport, and it continues to promise to offer fantastic support.

Cons

• Limited Eligibility: USAA covers only military members, veterans, and families in Shreveport. Check out our USAA car insurance review to learn more.
• No Local Offices: USAA conducts most of its business through the internet in Shreveport, which may not be convenient for persons who prefer face-to-face service.

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#8 – Nationwide: Best for Accident Forgiveness

Pros

• Consistent Rates: With a monthly rate of $56, Nationwide offers steady pricing in Shreveport for the best Shreveport, LA auto insurance.
• Accident Forgiveness: Helps prevent rate increases in Shreveport after the first at-fault accident.
• Vanishing Deductible: Deductibles decrease the longer you remain claim-free in Shreveport.

Cons

• Limited Coverage for Older Vehicles: May not offer extensive options for older cars in Shreveport.
• Slower Claims Process: Some customers in Shreveport have reported delays in receiving claim payouts. Have a look at our Nationwide car insurance review to understand more.

#9 – American Family: Best for Low Rates 

Pros

• Competitive Premiums: American Family offers one of the lowest rates in Shreveport at $46, making it an excellent choice for the best Shreveport, LA auto insurance.
• Safe Driver Discounts: Provides substantial savings for safe drivers in Shreveport, helping lower premiums.
• Customizable Policies: Offers flexible coverage options to fit varying customer needs in Shreveport.

Cons

• Limited Availability: Not as widely available across the U.S., which can be a drawback if relocating from Shreveport.
• Slow Claims Processing: Some customers in Shreveport report delays in claims settlement. Explore our American Family car insurance review to get more details.

#10 – Travelers: Best for Green Vehicles

Pros

• Discounts for Hybrid Vehicles: Special discounts for eco-friendly cars in Shreveport, contributing to best Shreveport, LA auto insurance.
• Competitive Monthly Rates: At $58 per month, Travelers remains affordable in Shreveport for comprehensive coverage.
• Strong Online Presence: An easy-to-use website and app for policy management in Shreveport.

Cons

• Less Competitive for High-Risk Drivers: Higher rates for drivers with past traffic violations in Shreveport.
• Limited Agent Network: Fewer local agents in Shreveport compared to other insurers. Consult our Travelers car insurance review to learn more.

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Cheap Auto Insurance Companies in Shreveport, Louisiana

USAA, American Family, and the Farmers offer some of the lowest Shreveport, LA auto insurance rates. But does that low rate reflect their customer service? Or their claims processing? Sometimes, you get what you pay for. That includes quality of service.

Shreveport, LA Auto Insurance Monthly Rates by Provider & Coverage Level

 

Shreveport, LA, auto insurance companies evaluate different elements when figuring out insurance quotes, including gender, where you live, credit score/rating, driving distance to work, and business use of the vehicle.

Auto Insurance Discounts From the Top Providers in Shreveport, LA

 

In addition, premiums change among car insurance companies in Shreveport. To verify you’re still being charged the most favorable rate, compare cheap Shreveport auto insurance quotes online.

Auto Insurance Coverage Requirements in Louisiana

Although the insurance requirements in Louisiana are lower than in other states, don’t let that fool you into thinking that an accident won’t cost you. Liability coverage doesn’t provide for every scenario, and even when it does, you may still have to pay if your coverage limits become exceeded.

Louisiana Minimum Auto Insurance Coverage Requirements

The average insurance cost for Louisiana drivers is notably high, but in Shreveport, you can cut that cost by more than half with our helpful tips on optimizing your comprehensive and collision coverage.

Shreveport, LA Auto Insurance Monthly Rates by Provider & Coverage Type

 

Right now, drivers in your area are paying as low as $45/mo* for their coverage, and you can too.

Major Factors in Cheap Car Insurance in Shreveport, Louisiana

There are numerous ways that your car insurance rate can be estimated. But not all of it is out of your control; there are actions you can take to influence what discounts you are eligible to receive. Listed below are a few of these components in greater detail:

Your ZIP Code

Your auto insurance rates can vary depending on where you call home. In general, highly populated cities have higher car insurance rates because the additional number of drivers on the highway raises the likelihood of an accident.

Shreveport, LA Auto Insurance Monthly Rates by ZIP Code

 

The population of Shreveport is 200,327, and the median household income is $35,772.

Automotive Accidents

Shreveport experienced an unfortunate number of fatal car accidents in 2013 alone, as the chart shows.

Shreveport, LA Report Card: Auto Insurance Premiums

 

However, over 200,000 people live in the area, so per capita accident rates still could be fairly low. And the lower accident rates in your area, the more you will save on your monthly premiums.

Auto Thefts in Shreveport

Auto theft is a major problem, especially in densely populated cities. If your location and vehicle model put you at a greater risk for theft, you may have trouble finding low-cost car insurance. The total number of stolen vehicles in Shreveport was 504 back in 2013.

This is a drop in thefts from previous years, and the per capita theft rate is fairly low. Reducing your monthly insurance bill might be possible by raising your Comprehensive coverage deductible.

Your Credit Score

Take a look at the chart below. In most states, drivers with poor credit have to pay double or even triple what drivers with perfect credit do – and the problem is just as bad in Louisiana. 

Shreveport, LA Auto Insurance Monthly Rates by Credit Score

Try tracking your credit score via a free monitoring site and take steps to raise your overall rating. Eventually, your efforts will yield car insurance discounts.

Your Age

As you can see in this chart, young drivers have an exceptionally tough financial burden when paying insurance premiums.

Shreveport, LA Auto Insurance Monthly Rates by Age

 

However, such high rates are usually charged while young drivers are still in school. Because of this, there are Good Student and Driver’s Ed discounts that students can take advantage of.

Your Driving Record

The newest trend in automotive insurance discounts is “accident forgiveness” discounts. 

Shreveport, LA Auto Accident & Insurance Claim Statistics

 

This discount helps lower your monthly premium if, for example, you only have a minor accident or other citation on your record. Your provider will “ignore” the infraction and not use it when calculating your premiums.

Your Vehicle

Luxury vehicles are more expensive to insure because they require a luxury insurance policy, plain and simple. 

Shreveport, LA Auto Insurance Monthly Rates by Make & Model

 

You could actually insure an expensive, shiny luxury vehicle quite cheaply if all you bought was low Liability coverage. But if anything else happened to your vehicle, you would be 100% financially responsible for replacing it.

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Minor Factors in Cheap Auto Insurance in Shreveport, Louisiana

Of course, there are also these factors:

Your Marital Status

Are you currently bundling your auto policy (and other insurance policies) with your spouse? Well, you should start if you haven’t already. Married couples can bundle different policies under one company and get massive discounts as a result.

Your Gender

Did you know that an increasing number of insurance companies are charging the exact same rates regardless of gender? You may believe that men and women are from different planets, but according to the data gathered on planet Earth, there is statistically no difference in driving risk between genders.

Your Driving Distance to Work

When commuting to work in Shreveport, the average driver can expect to be behind the wheel for 15-27 minutes. Just over 75% of citizens drive their car to work alone, while another 8-17% carpool.

Reducing your mileage each year may seem like a great way to save money on insurance, but at best, you’ll only be saving 3-4%, and you’ll have to shave thousands of miles off your odometer to achieve that. For real savings, stick to using your vehicle for personal use only. On average, business vehicles cost 11% more to insure.

Your Coverage and Deductibles

Deductibles are a great way to save money on your monthly premiums if you’re not afraid to raise them. While doing so will lower your monthly payments, it will also leave you with a hefty bill should you need to file a claim. 

Shreveport, LA Auto Insurance Monthly Rates by Credit Score

Therefore, ensure you have some money saved before employing this strategy.

Education in Shreveport, LA

If you live in Shreveport, consider furthering your education to save money on car insurance. Insurance providers have recently offered lower rates to motorists with advanced degrees, regardless of their salary or chosen profession. Most drivers in Shreveport have a high school diploma (or some other equivalent), while many have yet to complete their high school education.

There are various public and private options when seeking a higher education in Shreveport. Louisiana State University has a campus at Shreveport, as well as a center for the study of Health Sciences. Also in the medical field is the Northwestern State University College of Nursing. For a private option, you can look into Centenary College, a Methodist university, or SUSLA (Southern University, Shreveport) for an associate’s degree.

Finding affordable auto insurance in Shreveport, LA, can be a hassle. There’s a lot of information you need to consider, and figuring out how insurance companies evaluate your potential risk can be challenging. But don’t let the wrong insurance company talk you into purchasing the wrong policy. Learn more about Shreveport, LA.