New Iberia, LA Car Insurance

What rates should residents of New Iberia expect to pay for their car insurance? How do rates in New Iberia measure up compared to neighboring areas, including Louisiana as a whole? See what factors contribute to determining the average cost in our detailed charts and breakdowns below:

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How much is car insurance in New Iberia?

Car insurance coverage in New Iberia is about $26 cheaper than it is in the rest of Louisiana.

Conversely, the expected monthly payments for an auto insurance policy in New Iberia are above the national average. The average monthly payment in New Iberia is about $77 more expensive than the rate for the rest of the U.S.

The price you pay may very well be higher or lower than the rates you see, but we can help explain why. There are a number of factors that determine how much insurance companies might charge you for your insurance policy. The final dollar amount you'll be asked to pay each month is calculated off of factors such as your age, gender, vehicle make and model, driving record, and in some areas, your credit score.

But don't worry, we've broken down the average rate for New Iberia residents based on several different factors so that you can get a more accurate idea of the bill you'll see each month. And if you're not sure if you're getting the cheapest rate, simply enter your ZIP below to learn more about rates in your area!

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Average Car Insurance Rates by Age

You can expect to see a decrease in your monthly premium drop about once a decade or so. Once you hit retirement, however, your rates may climb back up a bit in New Iberia.

Average Car Insurance Rates by Gender

Female drivers pay, on average, slightly less than their male counterparts. The difference in average rates in New Iberia totals about $45 a month. As illustrated in the table above, male drivers in the area pay about $179 on average, while female drivers pay around $134 each month.

Average Auto Insurance Rates by Driving Record

Your driving record can have a tremendous impact on your car insurance rates. Drivers who avoid accidents and tickets will pay significantly lower rates than those with infractions. In New Iberia, drivers with one accident on their record will experience rates around $157 a month. Likewise, drivers with one ticket on their record will be looking at an average rate of around $149.

Accidents, tickets, and other driving infractions can really hurt your wallet. So, if you're looking for cheap car insurance, drive carefully and keep a clean record.

Average Insurance Rates by Vehicle

If you look at the first table above, the cheapest vehicles to insure in New Iberia are typically cars, at $151 per month.

SUV owners will see rates of about $164, while truck and van owners by and large pay around $171 per month.

Vehicle age also plays a role in your monthly payment. Generally, newer vehicles are going to cost the most to insure. Once your car is about 5 years old, however, your monthly bill may start to dip back down. In New Iberia, the most expensive vehicles to insure are vehicles less than one year old.

Average Car Insurance Rates by Relationship Status

Overall, car insurance is slightly cheaper for married policyholders. This usually happens because companies will award special discounts to policyholders with multiple vehicles that are on the same policy.

At a national level, married drivers usually pay less than single drivers for auto insurance. This holds true for New Iberia as well, where the difference is around $25 a month.

Average Car Insurance Rates by Housing Situation

One other element taken into consideration is your living situation. Renters can expect to pay around $5 a month more than drivers who own property in New Iberia. But if you live with your parents, your rates will be significantly higher.

That said, if you bundle your homeowners or rental insurance policy with your auto insurance, many companies will offer you a discount to make up for it and reduce your average premiums.

Car Insurance Companies in New Iberia, LA

Recent trends in car insurance for New Iberia drivers

Average rates are constantly changing, so it's a good idea to know the direction your area is trending when choosing when and where to shop.

The cost of car insurance coverage in New Iberia went up from 2016-2019, before leveling out in 2020. Rates finished up in 2021, at $185 a month

How does New Iberia compare to neighboring areas?

Why are car insurance rates in New Iberia different from other areas?

When considering how much to charge for coverage, car insurance companies will review a variety of factors. While we already mentioned the ones that affect your personal policy, others are influenced by where you live and drive. These include things like:

• Off-street parking availability
• Road Safety (frequency of car accidents)
• Number of drivers in the region
• Crime levels
• Regional regulations

It's good to be aware of these factors (even though you may not be able to do much to influence them) as you shop for a new policy or consider relocating. Different cities and towns will each have different rates, so guides like these are a handy way to learn more.

How can I find the cheapest car insurance in New Iberia?

While getting familiar with what the average costs are for drivers like you can be helpful as you get an idea of what you might pay, the only way to know exactly what your rate will be is by requesting a quote from car insurance companies.

Fortunately, Compare.com has you covered. Just type in your ZIP Code below, answer a few questions, and you'll be comparing the cheapest quotes from dozens of car insurance companies providing coverage in New Iberia in no time.

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New Iberia Insurance FAQs

What factors affect car insurance quotes in New Iberia?

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 New Iberia different from other neighboring cities?

Things like crime rates, local laws, and parking situations, which are dependent on your address and area you live in, can significantly affect the cost of insurance relative to other cities.

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

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 New Iberia?

Whenever you relocate or experience another major life event, such as getting married or finding a new job, you should consider re-evaluating your current insurance policy. By using services like Compare.com to compare quotes from multiple companies at once, you can be sure to capture any new savings brought about by your new situation.

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

No. Regardless of how much time is left on your current policy, you can switch companies at any time. So, whether you're considering moving to New Iberia or just curious if you're getting the best rates, why not take 10 minutes and see if Compare.com can save you some extra cash?