If you live and drive in in Northwest Louisiana, this news should make you very happy.
According to a recent study in Valuepenguin.com, Northwest Louisiana was found to be best when it came to auto insurance affordability. The area’s median auto insurances costs are $1,429 a year, which is about 14% lower than the state average.
Shreveport, Bossier City, and Minden all ranked in the top 5 of the cheapest cities in Louisiana to get auto insurance, with Minden drivers spending the least to get auto insurance. Drivers in Shreveport spend an average of $1,454 a year on insurance. In Bossier, the average is $1,419. And the statewide leader, Minden, boasts an average of $1,383 a year per driver.
So where’s the most expensive city in Louisiana to obtain auto insurance? That dubious honor goes to New Orleans, where the average driver pays almost $2,500 a year on auto insurance. Ouch!