Lafayette, LA Car Insurance

Lafayette drivers pay, on average, around $161 a month for their car insurance. Read our guide below to learn more about your specific rates.
How do rates in Lafayette measure up compared to neighboring areas, including Louisiana as a whole? How much can residents of Lafayette expect to pay for their car insurance? You can see the cost breakdowns and contributing factors in the charts and writeups below:  

How much is car insurance in Lafayette?

Area Average Monthly Car Insurance Premium
Lafayette$161
LA$169
United States$80

According to the chart above, the average cost of auto insurance in Louisiana is about $8 a month more expensive than it is in Lafayette.

On the other hand, drivers in Lafayette may pay higher rates than the rest of the country. The cost of auto coverage in Lafayette is about $81 more expensive than the national average.

While these numbers represent the average monthly payments for coverage in Lafayette, that doesn't mean it's what you'll pay. There are a number of factors that determine how much insurance companies might charge you for your insurance policy. Age, gender, vehicle make and model, driving record, and in some cases, your credit score, are all factored into assessing the final dollar amount you'll be asked to pay each month.

But worry not, we've done the heavy lifting and broken down the average rate for Lafayette to help you understand what exactly you might be asked to pay. If you're not certain that you're getting the cheapest rate for your area, just enter your ZIP below to find out!

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Average Car Insurance Rates by Age

Age Range Average Premium
Under 18Not Enough Data
18-24$208
25-34$142
35-44$132
45-54$126
55-64$158
65+$121

Generally, the older you are, the more experienced you are on the roads. That experience can really work in your favor when factored into your car insurance rates. In this case, 18-24-year-olds pay $87 more than drivers 65 and older.

Every ten years or so you can expect to see a decline in your monthly premium. That said, once you hit retirement, your rates may rise again in Lafayette.

Average Car Insurance Rates by Gender

Gender Average
Male$164
Female$155

Car insurance rates for men are usually slightly more expensive than they are for women. The difference in average rates in Lafayette totals about $9 a month. As you can see in the table above, female drivers in the area typically pay $155 on average, while female drivers typically pay $164 each month.

Average Auto Insurance Rates by Driving Record

Infractions Average Monthly Premium
1 Accident$202
Multiple Accidents$231
1 Ticket$196
Multiple TicketsNot Enough Data

One of the biggest factors in determining your car insurance rates is your driving record. Drivers with clean records will pay much lower rates than those with accidents or violations. Drivers in Lafayette with a single accident on their record will usually see rates around $202 a month. Likewise, if you have one ticket, you'll be looking at an average rate of around $196.

Accidents, tickets, and other driving infractions can really hurt your wallet. So, if cheaper car insurance is important to you, keep your record clean and drive safe.

Average Insurance Rates by Vehicle

Vehicle Age Average Monthly Premium
Less Than 1 Year$143
2-3 Years$139
4-5 Years$139
6-7 Years$156
8-10 Years$165
11-14 Years$182
15 Years or Older$160

If you look at the first table above, you'll see that SUVs are typically the cheapest vehicles to insure in Lafayette, with drivers paying around $134 per month to insure their vehicle.

Truck and van drivers will see rates of about $147, while the rates for car owners average out to about $172 per month.

Depending on how old your vehicle is, you can also expect to see slightly different rates. Generally, the most expensive vehicles to insure are going to be newer ones. However, once your car is around 5 years old you may start to see your rates drop back down a bit. In Lafayette, the most expensive vehicles to insure are vehicles eleven-to-fourteen years old.

Average Car Insurance Rates by Relationship Status

Relationship Average Monthly Premium
Single (never married)$170
Married$120
Divorced$134
Widowed$141

Generally, those who are currently married will pay slightly less to insure their car. This usually happens because companies will offer special discounts to policyholders with multiple vehicles that are on the same policy.

The difference in rates based on relationship status in Lafayette can be as much as $50 a month, so it's worth keeping that in mind.

Average Car Insurance Rates by Housing Situation

Housing Status Average Monthly Premium
Own$148
Rent$153
Live with parents$233

Another factor that comes into play is your housing situation. If you rent your home or apartment, expect to pay around $5 a month more than those who own their own home in Lafayette. Those who live with their parents, however, can expect to pay a good deal more than their counterparts who rent or own.

Bundling your home or rental insurance and auto insurance policies can oftentimes reduce your car insurance premiums, depending on your insurance company.

Car Insurance Companies in Lafayette, LA

Recent trends in car insurance for Lafayette drivers

Since car insurance rates are constantly changing, it's a good idea to know the local trends in your area before selecting an auto insurance policy.

The rates for car insurance in Lafayette increased from from 2016-2018, when they reached a high of $193. This leveled out in 2019, when car insurance rates began to decrease. They hit a low of $132 in 2020, and finished up in 2021, at $168.

How does Lafayette compare to neighboring areas?

Why are car insurance rates in Lafayette different from other areas?

There are a lot of factors car insurance companies take into consideration when deciding how much to charge for coverage. While we already talked about the ones that affect your personal policy, others are based around where you live and drive. These include things like:

  • Local crime rates
  • Area regulations
  • Rate of car accidents
  • Number of drivers
  • Access to off-street parking

You can't change these factors yourself, but they're something to take into consideration when shopping for a new policy or looking to move into an area. Knowing that different towns and cities will all have different rates, guides like these can be a good way to get a lay of the land of your particular neighborhood.

How can I find the cheapest car insurance in Lafayette?

Equipping yourself with information about the average costs for drivers in your area will better prepare you for the real deal. The only way to know for sure what your rate will be is by asking for a quote from car insurance companies.

Luckily, Compare.com has you covered. Just enter your ZIP Code below, answer a few questions, and you'll be comparing the cheapest quotes from a number of the car insurance companies offering policies in Lafayette in no time.

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Lafayette Insurance FAQs

What factors affect car insurance quotes in Lafayette?

Car insurance companies calculate quotes based on a wide array of factors. These include things like your age and gender, but also factors like your address, driving record, marital status, credit score, plus your vehicle's year and make and model.

Why is the cost of car insurance in Lafayette different from other neighboring cities?

Auto insurance companies consider regional factors, such as crime rates, parking situations, and local laws into account when calculating the monthly rate for coverage. Since these can all vary from city to city the rates you may see can differ from neighboring areas.

Which car insurance company will offer me the cheapest rate in Lafayette?

Since the factors that go into calculating your monthly payment vary from person to person, there isn't one company that will always offer the cheapest rate to everybody. You can be confident that you're receiving the best price possible however, by using sites like Compare.com to compare multiple quotes at once.

Do I need to change my insurance if I move to Lafayette?

Whenever you relocate or experience another major life event, such as finding a new job or getting married, you should consider revisiting your current insurance policy. Using services like Compare.com to compare quotes from multiple companies at once is a great way to make sure you're getting the cheapest rate for your new location.

Do I need to wait for my policy to expire to switch to a different car insurance company?

Not at all, in fact you can switch companies at any point, regardless of how much time is left on your current policy. If you're thinking about moving to Lafayette or haven't checked out the latest rates in your area for some time, it might be worth your while to take 10 minutes and see if Compare.com can save you any cash.

Find your best rate in just a few minutes