Louisiana Homeowners Insurance

Get a full analysis of Louisiana home insurance costs, companies & coverages.

The Best Homeowners Insurance Companies in Louisiana

Average Cost of Homeowners Insurance in Louisiana

Home Insurance in Louisiana - FAQs

Average Cost of Insurance Near Me

Christine Lacagnina has written thousands of insurance-based articles for TrustedChoice.com by authoring consumable, understandable content.

Christine Lacagnina has written thousands of insurance-based articles for TrustedChoice.com by authoring consumable, understandable content.

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Find the Best Homeowners Insurance Rates & Companies in Louisiana

The current average cost of homeowners insurance in Louisiana is $1,992 per year or around $166 per month. The average rate of home insurance in Louisiana is much higher than the current national average of $1,428 per year. Still, having home insurance is critical to prevent potentially devastating financial losses caused by many different disasters ranging from fire damage to vandalism and beyond.

Luckily, a Louisiana independent insurance agent can help you find all the home insurance you need. They'll match you to the best policy at the most affordable rate. But first, here's a breakdown of Louisiana home insurance.

Best Homeowners Insurance Companies in Louisiana

There are many different carriers in Louisiana that sell home insurance. But when you're looking for the best coverage, you want to know exactly where to start your search. Check out this list of top-rated home insurance companies in Louisiana to make things easier.

A Louisiana independent insurance agent can help you find the right home insurance policy from one of these outstanding local carriers.

What Homeowners Insurance in Louisiana Can Cover

Louisiana is prone to a few different kinds of natural disasters. The most common natural disasters in the state are floods, hurricanes, severe storms, and tornadoes. Keep in mind that just having a standard home insurance policy may not provide the coverage you need against each of these disasters.

Floods

Floods are one of the most common natural disasters in Louisiana. And it's critical to understand that home insurance excludes coverage for natural sources of flooding, such as heavy rainfall, tsunamis, and hurricanes. A separate flood insurance policy is necessary to protect your home and property against flooding disasters.

Hurricanes

Hurricanes are also extremely common in Louisiana. Unfortunately, home insurance in the state excludes coverage for the flooding that accompanies hurricanes, though they do provide standard coverage for wind damage. You'd need to rely on your flood insurance if your home suffered from water damage due to a hurricane.

Severe Storms

Louisiana also gets severe storms like thunderstorms. Fortunately, a standard home insurance policy provides coverage for multiple components of a thunderstorm. Your policy includes protection against damage caused by hail, lightning strikes, wind, and the resulting fires after a lightning strike.

Tornadoes

Louisiana can also be prone to tornadoes. While many home insurance policies include standard wind coverage due to tornadoes, be sure to review your specific policy to be sure yours does.

What Homeowners Insurance in Louisiana Will Not Cover

Louisiana home insurance comes with its own set of exclusions, as does coverage throughout the rest of the country. Keep in mind that you need flood insurance to protect against incidents of natural flood damage to your home and personal property. In addition, you'd need earthquake insurance to protect against losses due to damage from these natural disasters since earthquake damage is excluded by Louisiana home insurance. Louisiana's risk of flood damage is extremely high, and the state has also seen a number of devastating earthquakes, so you should consider adding both of these protections with the help of your local independent insurance agent.

Flood Damage in Louisiana

Hurricanes and rainfall aren't the only causes of flooding in Louisiana. Your home could also be impacted by a sewer backup or sewage line break that causes an entirely different kind of flooding disaster. This type of disaster is also excluded by standard Louisiana home insurance unless you add a rider, floater, or endorsement to your coverage. Be sure to review your specific home insurance policy to be certain whether it covers incidents of flooding caused by sewer line breaks and backups. If you think you may suffer damages due to a flood, make sure to get some form of flood coverage.

Average Cost of Homeowners Insurance in Louisiana

The current average cost of home insurance in Louisiana is $1,992 per year or about $166 per month. With the current national average rate of home insurance being $1,428 per year, Louisiana's rates are quite a bit more expensive by comparison. This can be due to a number of factors, including the state's property values, the increased risk of natural disasters, and a potentially higher crime rate. But Louisiana does have many discount options to help you reduce the cost of your coverage.

Average Louisiana Home Insurance Costs by City

Your Louisiana home insurance rate is also affected by the city you live in. You might discover that the same policy would have an entirely different rate in another town. The cheapest home insurance rates in Louisiana are currently observed in Tallulah, at an average of just $745 annually. Here are some Louisiana cities and their average cost of home insurance.

Average Louisiana Home Insurance Costs by City

National average burglary rate 3.76 per 1,000 people

National average home value $269,000

National average home insurance cost $1,428 year

Popular Questions about Louisiana Home Insurance

How much does Louisiana home insurance cost? $1,992/yr.

The average annual cost of homeowners insurance in Louisiana is $1,992, which is much higher than the national average of $1,428 per year. However, there are still ways you can reduce your premiums in this state, such as through various discounts.

Why is homeowners insurance so expensive in Louisiana?

In Louisiana, home insurance rates are higher than the national average for a few different reasons. These can include the state's increased risk and history of natural disasters like hurricanes, as well as the state's property values and risk of crime.

What are the best homeowners insurance companies in Louisiana?

We found that USAA, Allstate, and The Hanover are the best home insurance companies in Louisiana. We chose these Louisiana home insurance carriers because of their coverage options, affordable rates, discounts available, customer service reviews, and more.

How is my Louisiana homeowners insurance calculated?

Louisiana home insurance rates are determined by several different factors. These can include your home's value, the value of your contents, the amount of coverage you need, and your personal claims history.

Are there any independent insurance agents in Louisiana?

Yes, Louisiana has hundreds of independent insurance agents who can help you find the home insurance you need. These agents can also shop and compare different types of coverage for you and bundle your policies together to help you save money.

What are some homeowners coverage options in Louisiana?

Your Louisiana home insurance likely includes a handful of standard protections like dwelling coverage, contents coverage, personal liability coverage, and loss of use coverage. But you can choose to add extra coverages and riders or endorsements to give yourself a fuller picture of protection for your property.

Does Louisiana require homeowners insurance?

No, state law in Louisiana does not require you to have home insurance. However, many mortgage lenders do require you to have home insurance in the contract.

Why are home insurance rates so high in Louisiana?

Insurance rates are higher in Louisiana due to the state's increased risk and history of various natural disasters like hurricanes. But rates can also be higher in this state due to higher property values and an increased risk of various property crimes like vandalism.

Why work with an independent insurance agent when shopping for home insurance in Louisiana?

A Louisiana independent insurance agent can easily shop and compare quotes for home insurance from multiple different local carriers for you. This can help you find the right policy at the most affordable rate. These agents also know which carriers near you have the best reputation for delivering quality coverage, so they'll be sure to get you matched to a policy that delivers what you need.

Do You Know What Your Louisiana Home Insurance Covers?

Average Cost of Home Insurance Near You

Breaux Bridge, LA Homeowners Insurance

The average cost of home insurance per month in Breaux Bridge is $176. Your home insurance policy's premium rate may vary from that, though, due to a number of different factors. These can include your home's value, the amount of coverage you need, your personal claims history, and more.

Donaldsonville, LA Homeowners Insurance

The average cost of home insurance per month in Donaldsonville is $121. Your home insurance policy's premium rate may vary from that, though, due to a number of different factors. These can include your home's value, the amount of coverage you need, your personal claims history, and more.

Gonzales, LA Homeowners Insurance

The average cost of home insurance per month in Gonzales is $182. Your home insurance policy's premium rate may vary from that, though, due to a number of different factors. These can include your home's value, the amount of coverage you need, your personal claims history, and more.

Leesville, LA Homeowners Insurance

The average cost of home insurance per month in Leesville is $103. Your home insurance policy's premium rate may vary from that, though, due to a number of different factors. These can include your home's value, the amount of coverage you need, your personal claims history, and more.

New Orleans, LA Homeowners Insurance

The average cost of home insurance per month in New Orleans is $204. Your home insurance policy's premium rate may vary from that, though, due to a number of different factors. These can include your home's value, the amount of coverage you need, your personal claims history, and more.

Oakdale, LA Homeowners Insurance

The average cost of home insurance per month in Oakdale is $72. Your home insurance policy's premium rate may vary from that, though, due to a number of different factors. These can include your home's value, the amount of coverage you need, your personal claims history, and more.

Plaquemine, LA Homeowners Insurance

The average cost of home insurance per month in Plaquemine is $134. Your home insurance policy's premium rate may vary from that, though, due to a number of different factors. These can include your home's value, the amount of coverage you need, your personal claims history, and more.

Rayne, LA Homeowners Insurance

The average cost of home insurance per month in Rayne is $95. Your home insurance policy's premium rate may vary from that, though, due to a number of different factors. These can include your home's value, the amount of coverage you need, your personal claims history, and more.

Tallulah, LA Homeowners Insurance

The average cost of home insurance per month in Tallulah is $62. Your home insurance policy's premium rate may vary from that, though, due to a number of different factors. These can include your home's value, the amount of coverage you need, your personal claims history, and more.

Westwego, LA Homeowners Insurance

The average cost of home insurance per month in Westwego is $131. Your home insurance policy's premium rate may vary from that, though, due to a number of different factors. These can include your home's value, the amount of coverage you need, your personal claims history, and more.

More in Louisiana Insurance Guide:

Sources ©2024 , Consumer Agent Portal, LLC. All rights reserved.

https://www.bankrate.com/insurance/homeowners-insurance/louisiana/

https://www.thezebra.com/homeowners-insurance/louisiana-home-insurance/

https://crisisequipped.com/what-natural-disasters-occur-in-louisiana/

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