Louisiana Farm Bureau vs. Progressive: Which Company is the Best Fit for You?

Quick Facts

• In general, Progressive offers slightly cheaper rates than Louisiana Farm Bureau
• Louisiana Farm Bureau offers less expensive average premiums for residents of urban areas
• Progressive offers more affordable rates for policyholders who may not have much of a commute

Louisiana Farm Bureau vs. Progressive: Which Company has the Cheapest Car Insurance?

So, you're considering switching your auto insurance. With so many ads from all sorts of companies offering hefty discounts, you're probably wondering exactly how much you might be able to save.

You might have narrowed it down to Louisiana Farm Bureau or Progressive, but which company will offer you more affordable prices?

Looking at the national average rates for both companies, Progressive is about $1 per month less expensive than Louisiana Farm Bureau.

But that doesn't necessarily mean Progressive will be the more affordable option for every single driver. After all, auto insurance carriers can offer drastically different rates to each driver depending on rating factors like your driving record, where you call home, your credit score, or even your age (among other things). So, at the end of the day, premiums from every company will differ quite a bit from person to person.

So, if you want to find out which of Louisiana Farm Bureau or Progressive is really the best for you, keep reading to see average rates for each carrier broken down by a range of different rate factors.

Louisiana Farm Bureau or Progressive: Average Car Insurance Rates by State

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But there's more to car insurance than just the state you live in. As we mentioned above, there's a lot of things that go into how auto insurance companies calculate your premiums. Keep reading to learn more.

Which is the Best Company For Young Drivers?

Teen drivers will almost always have the most expensive car insurance prices of any group out there on the road. That's normally because young, inexperienced drivers are statistically much more likely to get into an accident that results in an insurance claim, making them much riskier to insure.

That being said, that doesn't mean that teen drivers have to just accept sky-high insurance rates. For example, 18-year-old drivers pay an average of more than $100 less a month by choosing Louisiana Farm Bureau over Progressive.

Even so, both carriers will lower prices once you turn 25. For example, average rates for Louisiana Farm Bureau policyholders drop over $150 and Progressive's premiums reduce around $300 over that time.

Which is the Best Company for Retired Drivers?

Once you approach retirement age, you'll generally enjoy the most affordable auto insurance prices you can find. You've been on the road for years, and all that experience pays off when it comes to your monthly premiums for car insurance.

But who has the best rates for retired drivers between Louisiana Farm Bureau and Progressive? Progressive gets the edge here, with average prices coming in at about $131 a month compared to Louisiana Farm Bureau's $153.

Which is the Best Company for Married Drivers?

You may not be aware, but auto insurance rates tend to be more expensive for single policyholders than they are for married policyholders. That's because policies for married drivers usually cover more than one car, which many companies will offer you a discount for.

When it comes to relationship status, the two carriers are comparable for those who are single, with premiums only differing around $13 per month, on average. The advantage for married couples is more obvious, where drivers who use Progressive save nearly $20 a month.

Louisiana Farm Bureau vs. Progressive: Average Rates by Gender

Women tend to pay less for insurance than men. This is because men are statistically more likely than women to get into collisions and get tickets, which leads to increased risk for insurers and, therefore, higher rates.

Normally, men see premiums about 2% per month higher with Louisiana Farm Bureau, while with Progressive, the difference is closer to 3% a month.

Looking at overall affordability, Louisiana Farm Bureau is the cheapest company for men. Rates with Louisiana Farm Bureau are $0 less for men, while women can save around $1 with Progressive.

Louisiana Farm Bureau or Progressive: Compare State Minimum vs. Full Coverage Rates

*State minimum value indicates liability-only policies at each state's minimum bodily injury and property damage (BI/PD) limits

**Full coverage indicates state minimum BI/PD limits with collision and comprehensive coverages added to policy.

It's no secret that auto insurance can be pretty complicated. There are many different coverages that account for multiple different things. Some protect you and your vehicle, while others only provide coverage for other people's property and health if you cause an accident.

The two most common policies end up falling into two different types of coverage -- liability only (which covers the other party's injuries and property damage if you cause a collision) and full coverage (which includes two additional coverages -- comprehensive and collision -- in addition to what you get with liability).

In this case, Louisiana Farm Bureau offers the most affordable average prices for state minimum liability limits, while Progressive has the edge for full coverage policies with similar coverage limits. Drivers looking for basic state minimum coverage can save around $1 with Louisiana Farm Bureau Insurance, while full coverage comes out to be about $2 cheaper with Progressive.

Is Louisiana Farm Bureau or Progressive Better for Drivers with Spotty Records?

It's no big secret that drivers who are accident-free get better deals on their insurance. But even if you have a spotty record, you can still find plenty of ways to save some cash on your monthly bill.

Tickets and accidents will most likely raise your rates, but is Louisiana Farm Bureau or Progressive more affordable for drivers with spotty records?

Which Company is Best for Drivers with Speeding Tickets?

Louisiana Farm Bureau policyholders can expect their prices to go up an average of $22 per month if they get a ticket, while Progressive typically raises premiums around $31 a month, on average.

If you have a clean record, Progressive tends to offer the best prices at about 1% less expensive, while Louisiana Farm Bureau has the edge for drivers with a speeding ticket.

Which Company is Best for Drivers After an Accident?

Both companies will increase premiums pretty significantly if you get into an at-fault accident with Progressive raising by $65. Louisiana Farm Bureau has a less extreme increase, but you can still expect to pay just under $45 more than you were prior to your first collision.

Overall, Louisiana Farm Bureau offers the cheapest rates for drivers with an at-fault accident on their records, with monthly premiums averaging $194 compared to Progressive's $214.

Which Company is Best for Drivers with a DUI?

If you get a DUI charge on your record, it's probably going to cost you more than a simple ticket or even an accident. On average, Louisiana Farm Bureau will raise your prices around 26% after a DUI, while Progressive's average rates rise by over 15%.

How does Credit Score Impact Louisiana Farm Bureau and Progressive Rates?

You may not have known, but your credit score can be used as one of the factors to determine your monthly car insurance prices. Certain states and carriers do not allow for credit score to be used as a rating factor, but it will come into play for quite a few policyholders.

The reasoning insurance companies use is that drivers with good credit will be more likely to pay their bills on time; so they'll reward them with cheaper rates, while those with poor credit will normally be forced to pay more.

Looking specifically at Progressive and Louisiana Farm Bureau, which one has the best premiums for policyholders at different credit levels?

Which Company is Best for Drivers with Good Credit?

Which Company is Best for Drivers with Bad Credit?

Is Louisiana Farm Bureau or Progressive Better for Drivers who Work from Home or Have Short Commutes?

How much you drive can have a big impact on your monthly prices. Usually, those who drive fewer miles will end up with cheaper rates since there's less of a chance of getting into a collision and causing an insurance claim.

In this case, neither Louisiana Farm Bureau or Progressive report increasing premiums for drivers with higher annual mileage figures. That being said, Progressive comes out as the lowest for drivers at both intervals, whether they put 6,000 or 12,000 miles on their vehicle annually, with average rates of $180 per month for both.

Louisiana Farm Bureau vs. Progressive: Compare Rates for Urban, Suburban, and Rural Drivers

We've already mentioned how your home state can play a role in how much you pay for car insurance, but the type of area you live in can have a pretty big impact as well. Generally, those who live in rural areas will pay less than drivers in urban areas because of the small number of cars that are on the roads in those areas.

When comparing these two carriers side-by-side, Progressive tends to offer the lowest option for drivers in rural and suburban areas, while Louisiana Farm Bureau wins in urban areas.

If you live in a rural area, you can expect to save about $16 with Progressive compared to Louisiana Farm Bureau. Drivers in suburban ZIP codes pay around $3 less with Progressive compared to Louisiana Farm Bureau. In urban areas, Louisiana Farm Bureau Insurance's average rates are about $16 less than Progressive.

Louisiana Farm Bureau vs. Progressive Discounts

Regardless of why you might be in the market for a new auto insurance policy, you're always going to want to save as much money as possible, and the best way to do that is by utilizing as many insurance discounts as you can.

But where do you even start? With so many discounts out there, it may seem difficult to find all the of the ones you can take advantage of.

In the section below, we've taken a look at all of the different discounts Louisiana Farm Bureau and Progressive offer their customers so that you can easily see which company offers the most discounts and see which ones you might be able to take advantage of.

Progressive knocks Louisiana Farm Bureau out of the park when it comes to the sheer number of discounts available, offering 29 more discounts than Louisiana Farm Bureau.

Both companies offer many of the same discounts -- like discounts for being a defensive driver, military discounts, and vin etching discounts -- but Progressive also offers ABS discounts, advance quote discounts, advanced safety feature discounts, and more that Louisiana Farm Bureau does not.

On the flip side, Louisiana Farm Bureau has a unique discount of its own -- a driver training discounts.

Final Thoughts: Is Louisiana Farm Bureau or Progressive Best for You?

So, you've seen how different variables can affect your auto insurance premiums. We've broken down the different discounts each company offers, too. That's all well and good, but at the end of the day, is Louisiana Farm Bureau or Progressive the right fit for you?

Progressive might be best for you if....

• You have a DUI charge on your record.
• Your home is located in the suburbs.
• You have a short commute.

Louisiana Farm Bureau might be best for you if...

• You're single and purchasing car insurance by yourself.
• You want to save money on your insurance after an accident.

We hope this guide has ben a valuable resource as you compare Louisiana Farm Bureau and Progressive. We also hope we've given you the information you need to make the best decision about your car insurance.

But, at the end of the day, there's only one way to know for sure that you're getting the best possible deal on auto insurance -- comparing quotes from multiple carriers, not just Louisiana Farm Bureau and Progressive. Luckily, Compare.com makes it easy for you to do just that. Simply enter your ZIP codes below and get multiple free quotes from some of the best car insurance companies in your area, all in just a few minutes.

Louisiana Farm Bureau vs. Progressive FAQs

Is Louisiana Farm Bureau or Progressive cheaper?

Looking just at the national average prices, Progressive is the less expensive of the two carriers, offering average rates of $180 a month compared to $181 for Louisiana Farm Bureau. However, Progressive won't necessarily be the cheapest carrier for everyone, since there are a variety of different factors that are considered when it comes to your auto insurance cost.

Who is better, Louisiana Farm Bureau or Progressive?

Unfortunately, the answer truly is "it depends.". Neither company is "better" for everyone -- it all depends on the makeup of your unique insurance profile. For example, Louisiana Farm Bureau offers cheaper premiums for single policyholders, while Progressive is more affordable for drivers who have already retired.

Why do Louisiana Farm Bureau and Progressive offer me different rates?

Car insurance companies take a look at a lot of different variables when calculating the prices they charge drivers. Factors like your driving record, age, gender, where your home is, and sometimes even things like your credit score can all be used. Both Louisiana Farm Bureau and Progressive use different formulas, so each one will most likely offer different rates. The only real way to see which carrier is the most affordable for you is by comparing personalized quotes from several different carriers.

How do I know if Louisiana Farm Bureau or Progressive is right for me?

The only way to find the insurance company that's right for you is by getting quotes from a handful of companies and finding the one best suited for your individual budget. Luckily, sites like Compare.com make it easy for you to do just that. Just enter your area information and you'll get free quotes from dozens of the best auto insurance carriers in your area. That way, you can guarantee you're getting the cheapest price. And who knows, the best carrier for you might not be Louisiana Farm Bureau or Progressive at all!

Methodology

All of the data referenced in this article has been gathered in collaboration with Quadrant Information Services. We analyzed more than 2.5 million rows of carrier-reported data to calculate the average rates referenced above. All rates are based on an insurance profile of a single-vehicle policy for a driver that owns a 2016 Honda Accord. For more information on how we calculate rates, please reference our data methodology.