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

Quick Facts

• In general, Louisiana Farm Bureau offers slightly more affordable rates than Safeway
• Louisiana Farm Bureau offers more affordable premiums for residents of suburban areas
• Safeway offers cheaper average prices for residents of rural areas

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

So, you're considering switching your auto insurance. After all, you've seen ads from all sorts of companies offering large discounts. But exactly how much can you save by switching?

You've maybe even narrowed your search down to Louisiana Farm Bureau or Safeway as potential options, but between the two, which company has less expensive premiums for auto insurance?

Looking at the national average rates for both companies, Louisiana Farm Bureau is about $13 per month cheaper than Safeway.

However, that doesn't necessarily mean Louisiana Farm Bureau will be the less expensive option for every single driver. Car insurance carriers vary their rates depending on things like how old you are, how good your credit score is, how clean your driving record is, where you live, and a variety of other factors, so premiums could change drastically from person to person.

Wanting to know if Louisiana Farm Bureau or Safeway is really the right company for you? Keep on reading to see how average rates can change based on all of the factors we've mentioned above.

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

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That being said, there are plenty of other factors that go into your car insurance cost than just the state you live in. Continue reading to learn more about how other factors will affect your rates.

Which is the Best Company For Young Drivers?

Young drivers -- especially teens -- usually pay a lot for auto insurance compared to older drivers. That's because young, inexperienced drivers are statistically much more likely to cause collisions and other accidents that will result in an insurance claim.

Even so, that doesn't mean that teen drivers have to just accept sky-high insurance prices. As you can see above, teens who use Louisiana Farm Bureau save more than $100 a month compared to those who use Safeway.

That being said, both companies will offer you dramatically lower premiums once you turn 25. For example, average prices for Louisiana Farm Bureau policyholders reduce over $150 and Safeway's rates drop nearly $300 over that time.

Which is the Best Company for Retired Drivers?

When it comes to car insurance, patience and experience pay off, with drivers around retirement age paying some of the most affordable premiums you'll ever see.

So, which carrier offers the best rates to retired drivers? Safeway gets the edge, with prices for drivers 65 and older more than 10% more affordable than the national average for Louisiana Farm Bureau.

Which is the Best Company for Married Drivers?

Single policyholders tend to get offered slightly more expensive auto insurance premiums than married policyholders. This usually boils down to married couples having multiple cars on their policy -- something many insurance carriers will reward with discounts.

When it comes to relationship status, Louisiana Farm Bureau is the clear winner for those who are single, with prices around $27 per month less expensive than Safeway, on average. It's not quite so glaring for married drivers, where drivers who use Safeway save about $5 a month.

Louisiana Farm Bureau vs. Safeway: Average Rates by Gender

Because men are more likely to get into collisions and get tickets, they raise the chances of filing a claim with insurance. Therefore, men tend to pay more for auto insurance than women.

Usually, women see rates around 2% per month less with Louisiana Farm Bureau, and almost 10% less with Safeway when compared to their male counterparts.

Looking at the data for each company specifically, Louisiana Farm Bureau comes out as the lowest option for both genders, with average premiums $20 less for men and $6 cheaper for women.

Louisiana Farm Bureau or Safeway: 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.

Car insurance can be a complicated subject for most people. There are so many different terms and limits that it can make it pretty confusing to find the right policy.

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 an accident) and full coverage (which includes comprehensive and collision coverages that protect your own vehicle, in addition to liability).

If you're looking for state minimum limits for liability insurance, Louisiana Farm Bureau normally offers cheaper prices of $110 compared to Safeway's $130. When it comes to full coverage policies with similar limits, Louisiana Farm Bureau again has the edge, with policies about $6 a month more affordable than Safeway, on average.

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

It's no big secret that drivers who are accident-free get better deals on their auto 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 at-fault accidents will most likely raise your rates, but is Louisiana Farm Bureau or Safeway cheaper for drivers with less-than-perfect records?

Which Company is Best for Drivers with Speeding Tickets?

Louisiana Farm Bureau policyholders can expect their premiums to go up an average of $22 per month if they get a ticket, while Safeway generally raises rates around $7 a month, on average.

If you have a clean record, Louisiana Farm Bureau tends to offer the best prices at about 7% less expensive, while Safeway has the edge for drivers with a speeding ticket.

Which Company is Best for Drivers After an Accident?

After an accident, drivers who have their car insurance through Louisiana Farm Bureau can expect to see around an $43 -- or about 22% -- increase in their insurance premiums. Drivers who use Safeway for their car insurance will see a monthly bill around $60 (or 27%) more expensive after reporting a collision to their insurance carrier.

Overall, the more affordable prices come from Louisiana Farm Bureau, with monthly premiums averaging $194 compared to Safeway Insurance's $223.

Which Company is Best for Drivers with a DUI?

If you get a DUI charge, you can expect some pretty significant increases in your monthly auto insurance bill -- typically a lot more than an accident or ticket. For example, Safeway increases average rates by over $55 per month -- that's over a 25% increase.

If you have a DUI on your record and are looking for more affordable prices, Louisiana Farm Bureau tends to be the much less expensive option with average premiums of $205 per month compared to $220 from Safeway.

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

In many cases, your credit score can come into play when companies calculate your monthly bill. This isn't always the case (Hawaii, for example, has banned the use of credit score as a rating factor) but it will come into play for quite a few drivers.

The reasoning insurance carriers use is that policyholders with bad credit will be less likely to pay their bills on time; so generally, they'll be asked to pay more, while those with good credit will be rewarded with cheaper rates.

So, which company offers the best prices for drivers with good, average, or poor credit?

Which Company is Best for Drivers with Good Credit?

Which Company is Best for Drivers with Bad Credit?

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

Did you know that the amount of time you spend in your car have a big impact on your monthly rates? Usually, the more miles you drive, the more you can expect to pay for coverage.

In this case, neither Louisiana Farm Bureau or Safeway report increasing premiums for drivers with higher annual mileage figures. Louisiana Farm Bureau comes out as the most affordable for drivers at both intervals, whether they put 6,000 or 12,000 miles on their car yearly, with average prices of $181 a month for both.

Louisiana Farm Bureau vs. Safeway: 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 sizable impact as well. Typically, those who live in urban areas will pay more than policyholders in rural areas because there are a lot more vehicles on the roads in those areas.

Looking at these companies side-by-side, Louisiana Farm Bureau boasts the cheapest average rates in urban and suburban areas, while Safeway wins in rural areas.

If you live in a rural area, you can expect to save about $24 with Safeway compared to Louisiana Farm Bureau. Drivers in suburban ZIP codes pay around $19 less with Louisiana Farm Bureau compared to Safeway. In urban areas, Louisiana Farm Bureau Insurance's average premiums are about $43 less than Safeway Insurance.

Louisiana Farm Bureau vs. Safeway 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. That's where car insurance discounts comes into play.

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

In the section below, we've compared all of the different discounts offered by Louisiana Farm Bureau and Safeway so that you can easily see which company offers the most discounts and see which ones you might be able to take advantage of.

Safeway blows Louisiana Farm Bureau away when it comes to the sheer amount of discounts available, offering six more discounts than Louisiana Farm Bureau.

There are a couple discounts both carriers offer, but Safeway also offers agency transfer discounts, full coverage discounts, homeowner 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 Safeway Best for You?

So, we've broken down the average prices for many of the variables insurance companies look at, and walked through the different discounts each carrier offers, too. But, at the end of the day, which company is the right carrier for you, your vehicle, and your wallet?

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

• You have a clean record.
• You're looking for more protection with "full coverage" auto insurance.
• You drive fewer than 6,000 miles annually.

Safeway might be best for you if...

• You have received a ticket within the last few years.
• You live in a rural neighborhood.
• You're married and plan to have both of your names on the vehicle's insurance policy.

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

At the end of the day, the sure-fire way to make sure you're getting the best deal on your auto insurance policy is to compare quotes from a handful of carriers, not just Louisiana Farm Bureau and Safeway. Luckily, Compare.com makes it easy for you to do just that. Simply enter your ZIP codes below and get multiple quotes from some of the best insurance companies in your area, all for free.

Louisiana Farm Bureau vs. Safeway FAQs

Is Louisiana Farm Bureau or Safeway cheaper?

Looking just at the national average premiums, Louisiana Farm Bureau is the more affordable of the two carriers, offering average rates of $181 per month compared to $194 for Safeway. But Louisiana Farm Bureau won't necessarily be the lowest carrier for everyone, since there are lots of different factors that are considered when it comes to your car insurance bill.

Who is better, Louisiana Farm Bureau or Safeway?

Sadly, the real answer is "it depends.". One company is not necessarily "better" for everyone -- it all depends on the makeup of your unique auto insurance profile. For example, Louisiana Farm Bureau offers less expensive rates for drivers with an at-fault accident on their record, while Safeway is cheaper for drivers who have less-than-stellar credit scores.

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

Car insurance companies take a look at a lot of different variables when calculating the premiums they charge policyholders. Factors such as gender, your driving record, age, where you park your car, and sometimes even things like your credit score can all be used. Both Louisiana Farm Bureau and Safeway 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 many different carriers.

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

The only way to find the insurance company that's right for you is by getting quotes from several 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 rate. And who knows, the best carrier for you might not be Louisiana Farm Bureau or Safeway 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.