Proven Ways for Comparing the Cheapest New Iberia Louisiana Auto Insurance

Saving money on New Iberia auto insurance is difficult for consumers new to comparison shopping online. Consumers have so many choices that it can be a real hassle to locate the lowest price in New Iberia.

Consumers should take time to price shop coverage every six months due to the fact that insurance rates fluctuate regularly. Even if you think you had the best rates last year the chances are good that you can find a lower rate today. There is a lot of bad information regarding auto insurance online, so I’m going to show you some tested techniques to save money.

New Iberia Auto Insurance Prices Online

Effectively comparing auto insurance prices can be exhausting if you don’t utilize the most efficient way. You could spend the better part of a day talking about coverages with insurance agencies in New Iberia, or you could save time and use the internet to maximize your effort.

Most car insurance companies enroll in a system that allows shoppers to enter their coverage request one time, and at least one company can give them a price based on that data. This saves time by eliminating quotation requests for each company.

To participate in this free quote system, click to open in new window.

The single downside to pricing coverage this way is buyers cannot specifically choose the providers to get pricing from. So if you want to select specific providers to request quotes from, we have assembled a list of low cost auto insurance companies in Louisiana. View list of Louisiana insurance companies.

It doesn’t matter which method you choose, just compare exactly the same coverage limits for each comparison quote. If you use different liability limits it will be impossible to determine the lowest rate in New Iberia.

Make smart decisions and save

It’s important that you understand the rating factors that help determine the rates you pay for auto insurance. Having a good understanding of what controls the rates you pay enables informed choices that may reward you with better auto insurance rates.

  • Don’t get talked into coverage you don’t need – There are a lot of additional coverages that can waste your money on your auto insurance policy. Coverages for personal injury protection, accident forgiveness and motor club memberships may be wasting your money. These may sound like a good investment when talking to your agent, but if you don’t need them eliminate them to save money.
  • Never let your coverage lapse – Driving your car without having proper coverage is illegal and you will pay a penalty because you let your coverage have a gap. Not only will rates go up, but not being able to provide proof of insurance may earn you a steep fine or even jail time.
  • Marriage brings a discount – Getting married can actually save you money on your auto insurance policy. Marriage translates into being more mature and it’s proven that drivers who are married are more cautious.
  • Poor credit can mean higher rates – Having a bad credit history is a large factor in your rate calculation. Therefore, if your credit history is not that good, you could be paying less to insure your by improving your credit score. Drivers who have excellent credit tend to be better drivers and file fewer claims than drivers who have lower credit scores.

Don’t pay full price with these discounts

Companies offering auto insurance do not advertise every discount in an easy-to-find place, so we break down both well-publicized and the more hidden ways to save on auto insurance. If they aren’t giving you every credit possible, you’re just leaving money on the table.

  • Organization Discounts – Being a member of certain professional organizations is a good way to get lower rates on auto insurance.
  • Distant Student – Youth drivers who are attending college without a vehicle on campus may be able to be covered for less.
  • Drivers Education – Require your teen driver to enroll in driver’s education in school.
  • Claim Free – Good drivers with no accidents can earn big discounts as compared to frequent claim filers.
  • Homeowners Savings – Owning a house in New Iberia can help you save on auto insurance because maintaining a house demonstrates responsibility.
  • Life Insurance – Larger companies have a discount if you purchase life insurance from them.

Keep in mind that most of the big mark downs will not be given to the entire policy premium. Some only apply to the cost of specific coverages such as liability, collision or medical payments. Just because you may think you could get a free auto insurance policy, it just doesn’t work that way.

To see a list of companies who offer auto insurance discounts in Louisiana, follow this link.New Iberia car insurance prices

What is the best insurance coverage?

When it comes to choosing coverage, there is no best way to insure your cars. Every insured’s situation is different.

Here are some questions about coverages that may help highlight whether your personal situation would benefit from professional advice.

  • Does my vehicle need full coverage?
  • Does having multiple vehicles earn me a discount?
  • Am I covered when pulling a rental trailer?
  • Should I file a claim if it’s only slightly more than my deductible?
  • Should I buy more coverage than the required Louisiana minimum liability coverage?
  • What is high-risk coverage and where do I buy it?
  • Am I getting all the discounts available?
  • Does my policy cover me when driving someone else’s vehicle?
  • What if I total my vehicle and owe more than it’s worth?

If it’s difficult to answer those questions but you think they might apply to your situation then you might want to talk to an insurance agent. If you want to speak to an agent in your area, fill out this quick form. It’s fast, free and may give you better protection.

What about using a local agent?

Some people would rather get advice from a local agent and that is just fine! Insurance agents can point out coverage gaps and help you file claims. The best thing about comparing insurance prices online is you can get lower rates and still have an agent to talk to.

After filling out this simple form, your coverage information is instantly submitted to insurance agents in New Iberia who will battle for your business. There is no reason to leave your house as quotes are delivered immediately to your email address. How cool is that?!

Selecting an insurer requires more thought than just the bottom line cost. These questions are important to ask:

  • Do they make recommendations based only on price?
  • Does the agent have professional designations like CIC, CPCU or AIC?
  • Who is covered by the car insurance policy?
  • Will your rates increase after a single accident?
  • Are there any hidden costs in their price quote and does it include driving and credit history?
  • Does the agency support the community they serve?
  • Which company do they place the most coverage with?

Independent or Captive: It’s your choice

When searching for a good insurance agency, there are two different agency structures that you can select. Insurance agencies in New Iberia are classified as either captive or independent (non-captive). While both can properly insure your vehicles, but it’s worth learning the differences because it can influence buying decisions.

Captive Insurance Agents

Captive insurance agents work for only one company and examples are State Farm, AAA, Farmers Insurance or Allstate. Captives cannot shop your coverage around so keep that in mind. Captives are very knowledgeable on their products and sales techniques which helps them sell insurance even at higher premiums. Consumers often buy insurance from these agents partially due to the brand legacy and strong financial ratings.

Below are New Iberia captive insurance agencies that can give you price quotes.

  • Iberia Parish Farm Bureau – 408 Jefferson Ter – New Iberia, LA 70560 – (337) 367-7234
  • Allstate Insurance – 1550 E Admiral Doyle Dr – New Iberia, LA 70560 – (337) 365-0914
  • State Farm Insurance – 1401 Parkview Dr – New Iberia, LA 70563 – (337) 365-8111
Independent Agents

Independent insurance agents are not required to write business for one company but instead can place your coverage with lots of companies and possibly get better coverage at lower prices. To transfer your coverage to a different company, the business is moved internally without you having to go to a different agency. When shopping rates, we recommend you include at a minimum one independent agency to get the best comparison.Many can place coverage with different regional companies which may provide better rates.

The following are New Iberia independent insurance agencies that are able to give price quotes.

New Iberia car insurance prices

  • Physicians Mutual Insurance Co – 1200 E Admiral Doyle Dr # B – New Iberia, LA 70560 – (337) 365-1119
  • OCH Insurance – 501 W Admiral Doyle Dr – New Iberia, LA 70560 – (337) 365-2321

For a complete listing of licensed insurance agents in New Iberia, please go to this site.

After receiving positive feedback to these questions as well as a affordable price, you’ve probably found an insurance agency that will service your policy.

A tidy conclusion

You just read some good ideas how you can lower your auto insurance rates. The most important thing to understand is the more rate comparisons you have, the higher your chance of finding lower rates. You may even find the most savings is with a smaller regional carrier.

When buying insurance coverage, do not sacrifice coverage to reduce premiums. In too many instances, someone dropped full coverage and found out when filing a claim they didn’t have enough coverage. The proper strategy is to buy enough coverage for the lowest price while not skimping on critical coverages.

Drivers switch companies for any number of reasons including policy non-renewal, not issuing a premium refund, delays in paying claims or even lack of trust in their agent. It doesn’t matter why you want to switch choosing a new insurance company is not as hard as you think.

Learn more about Louisiana auto insurance

Even more information is located at the Louisiana Department of Insurance website. Louisiana drivers can view a list of available companies, learn about insurance regulations, and download brochures.