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Get Cheap Car Insurance in Lakewood, New Orleans, LA
We monitor insurance prices, helping the average driver in Lakewood save up to 33.9% on car insurance.
The Cheapest Minimum Coverage in Lakewood
The chart below shows the cheapest car insurance company in Lakewood for a driver with a good record seeking minimum coverage on a mid-grade used vehicle. Values are estimated, and premiums may be lower or higher, but should be in an accurate order for a good driver. In general, drivers with good records will get the best prices through Farm Bureau, followed by State Farm, Safeco Insurance, and Clearcover.
| Lakewood Insurer | Monthly Cost |
|---|---|
| Farm Bureau | $118 |
| State Farm | $139 |
| Safeco Insurance | $140 |
| Clearcover | $155 |
Savings for Every Kind of Lakewood Driver
Based on our extensive insurance data, we know the average Lakewood driver will save about 28% on car insurance. This isn’t marketing: this is unbiased data with no financial influence. The best auto insurance company depends on factors such as your driving record, home location, credit score, marital status, and age. The average driver will find themselves saving $900 per year by choosing the right vehicle insurance company. Some Lakewood residents are paying out over $3,236 extra every year for auto insurance in Lakewood. That cost may be even higher if you haven’t requested a new quote as your life situation changed.
Situation |
Lakewood, New Orleans, LA Savings / Yr. |
|---|---|
$900 |
|
$1,579 |
|
$1,123 |
|
$1,695 |
|
$2,688 |
|
$834 |
|
$1,435 |
Lakewood Car Insurance vs. New Orleans
People living in Lakewood pay an average of 7.39% more than the typical driver in the state. The average driver in Lakewood can expect to pay about $2,047 per year, or $3,236 for full coverage.
Based on our analysis, Farm Bureau will be the cheapest provider in Lakewood for most people.
Car Insurance Prices by Lakewood Neighborhood
Insurance Prices
Where is insurance cheapest within Lakewood?
The map shows insurance prices in and around Lakewood, with more expensive areas in red and places with cheaper car insurance in green. Insurance can vary by as much as $340 per year within the neighborhood boundaries, with insurance premiums ranging from a high of $3,549 to a low of $3,209. Insurance prices tend to be higher for those living in the Northwest area, and lower for those with homes in the East parts of Lakewood.Pick the Best Car Insurance Company for You in Lakewood
The best car insurance provider for most drivers in Lakewood
For drivers with clean driving records and no major strikes, Farm Bureau is the best option, with annual savings of $900 over the average Lakewood car insurance company.
The best car insurance provider for Lakewood drivers with accidents on their records
In our analysis, Farm Bureau saved the average person who had been in an accident the most, with annual savings averaging $1,579 over the competition.
The best car insurance company for Lakewood drivers with speeding tickets
>Farm Bureau gave the average person with a speeding ticket the most savings, averaging $1,123 better than other car insurance companies.
The best auto insurance for Lakewood drivers with a DUI conviction
Getting a quote from Farm Bureau may cost the average person with a DUI about $1,695 less each year.
The least expensive car insurance company for new and young drivers in Lakewood
In Lakewood, Farm Bureau costs young drivers $2,688 less each year versus the average auto insurance bill.
The best marriage discounts for vehicle insurance in Lakewood
Farm Bureau gave the largest car insurance discounts to married couples, averaging $834 saved each year compared to an average Lakewood couple's premiums.
The cheapest car insurance in Lakewood for drivers with bad credit
The best Lakewood car insurance company for customer service
Recent price drops
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The cheapest large national provider in Lakewood
For customers who prefer to work with large national providers, we recommend State Farm for pricing. The average Lakewood driver can expect to pay about $222 per month.
What About USAA?
JD power consistently ranks USAA as the top car insurance company in the United States. We don’t compare their rates because most people can’t sign up. USAA only allows active military members and their spouses and children to apply. In Lakewood, USAA has the best prices for drivers with speeding tickets, young drivers, drivers with bad credit, drivers with accidents, good drivers, drivers with a DUI conviction, and married couples.Auto Insurance Prices in and Around Lakewood
What Influences the Cost of Car Insurance in Lakewood?
On average, car insurance in Lakewood is more expensive than the rest of the state. These high prices are no mystery to us. Coverage Watch tracks car insurance costs and uses a complex AI that finds related variables, and has determined car insurance prices in the neighborhood are influenced by the following factors:
- Louisiana state insurance regulations may require higher prices.
- An average of 0 weeks with snow on the ground, which impacts accident rates.
- Marriage rates in Lakewood are among the highest in the state, and marriage often results in car insurance discounts.
- Vehicle theft rates in the area are high, with a Vehicle Theft Crime Grade of D+ according to CrimeGrade.org.
- Lakewood is a lightly populated area in the state. The neighborhood’s density could result in a price decrease for drivers.
As a result of these and other factors, the average cost of car insurance in Lakewood is $171 per month for minimum coverage and $270 per month for full coverage. Costs vary widely based on your situation, and will likely be lower if you have a clean driving record and follow our insurance company research to find the best car insurance company for you.
Car Insurance in Nearby Neighborhoods
- Holly Grove: Insurance costs 21.97% more
- West End: Insurance costs 6.46% more
- Lakeview: Insurance costs 3.96% more
- Mid-City: Insurance costs 13.29% more
- Gert Town: Insurance costs 21.20% more
- Leonidas: Insurance costs 15.95% more
- Bayou St John: Insurance costs 13.29% more
- Marlyville: Insurance costs 7.66% more
- Fairgrounds: Insurance costs 22.34% more
- Lake Shore: Insurance costs 6.86% more
Neighborhoods with Similar Populations
- Almeta-Bonita-Bella Vista: Insurance costs 38.23% less
- Williamsburg: Insurance costs 61.93% less
- Willow Park: Insurance costs 55.47% less
- Bakersville: Insurance costs 59.05% less
- Baker: Insurance costs 49.44% less
- Wilshire Park: Insurance costs 47.59% less
- Winter Halter: Insurance costs 27.81% more
- Bellevue: Insurance costs 63.23% less
- Agua Dulce: Insurance costs 45.70% less
- Acorn: Insurance costs 23.92% less