Home Insurance Louisiana homeowners insurance calculator Average Louisiana homeowners insurance rates are $3,594. However, some residents may need to add hurricane and flood coverage, increasing rates further. View Carriers Please enter valid zip Compare top carriers in your area Written by Tonya Sisler Reviewed by Leslie Kasperowicz Leslie Kasperowicz Leslie Kasperowicz is an insurance educator and content creation professional with nearly two decades of experience first directly in the insurance industry at Farmers Insurance and then as a writer, researcher, and educator for insurance shoppers writing for sites like ExpertInsuranceReviews.com and InsuranceHotline.com and managing content, now at Insurance.com. Expert insight from Amy Bach Amy Bach Executive Director of United Policyholders.Go to comment Posted on: August 8, 2024 Why you can trust Insure.com Quality Verified At Insure.com, we are committed to providing the timely, accurate and expert information consumers need to make smart insurance decisions. All our content is written and reviewed by industry professionals and insurance experts. Our team carefully vets our rate data to ensure we only provide reliable and up-to-date insurance pricing. We follow the highest editorial standards. Our content is based solely on objective research and data gathering. We maintain strict editorial independence to ensure unbiased coverage of the insurance industry. Louisiana home insurance rates average $3,594 and are above the national average. That’s for a policy with $300,000 in dwelling and liability coverage, a $1,000 deductible and a 2% hurricane deductible. Louisiana’s high insurance rates are mainly due to the state’s vulnerability to hurricanes and other natural disasters. With some insurers no longer offering homeowners insurance in Louisiana, finding affordable coverage may be challenging, particularly on the coast. “With premiums at an all time high in many parts of the country, and insurance companies increasingly using AI, risk scores and aerial imagery to decide which homes they’ll insure and which they won’t, it’s a hard time to be encouraging consumers to buy more insurance,” says Amy Bach, executive director of United Policyholders, a nonprofit consumer organization. But, she adds, “We know that the majority of homeowners don’t have enough insurance, and we offer tips to help people avoid that situation.” Keep reading to learn more about Louisiana home insurance rates and how a home insurance calculator can help you estimate costs. Louisiana home insurance calculator See how the average annual home insurance rates vary with the options chosen. State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWashington, D.C.West VirginiaWisconsinWyoming Dwelling Dwelling coverage pays for the rebuilding or repair of your physical home structure. Choose an amount that would cover the cost of rebuilding your home. $200,000$300,000$400,000$600,000$1,000,000 Liability Covers the medical expenses of people who are hurt while in your home or on your property, as well as damage you caused to others’ property. Also covers legal fees if you are sued by someone hurt in your home or on your property. Limits of $100,000 or $300,000 are recommended. $100,000$300,000 Deductible Standard ($1000)Hurricane (2% of insured value) Filter Average Annual Home Insurance Rates In Louisiana $3,712 Average rate $9,960 Highest rate The estimated highest premium in Louisiana $1,045 Lowest rate The estimated lowest premium in Louisiana START SHOPPING NOW Home insurance companies in Louisiana Company Average annual rate Progressive $1,429 USAA $3,094 Allstate $3,355 LA Farm bureau $4,632 Farmers $4,728 State Farm $5,035 Key Takeaways Louisiana homeowners insurance averages $3,594 yearly based on $300,000 in dwelling and liability coverage with a $1,000 deductible and a 2% hurricane deductible. Louisiana home insurance rates are higher than average due to the high risk of hurricane damage. On average, Alexandria has the lowest home insurance rates in Louisiana and Kenner has the highest rates, among major cities. How to use the Louisiana home insurance calculator Average homeowners insurance rates vary based on location, specifics of the home and coverage limits. Use the home insurance calculator below to estimate home insurance costs in Louisiana for your needs. Choose how much dwelling coverage you need. Make sure it’s high enough to cover rebuilding your home if necessary and round up to the next amount shown by the calculator. Choose your liability coverage, which covers medical costs and other expenses if someone is hurt on your property and expenses if you damage someone else’s property. Choose your deductible. The deductible is the amount you are responsible for when you file a claim. In Louisiana, you may need two deductibles; one is for all perils other than hurricanes and the other is for hurricane claims. How does dwelling coverage affect homeowners insurance in Louisiana? Dwelling coverage is part of your homeowners insurance and pays for rebuilding or repairs to your home if a covered event damages it. While rates increase with more coverage, your coverage amount should match the replacement cost of your house. The table below shows average rates for different levels of dwelling coverage. Each of these rates includes $300,000 in liability coverage, a $1,000 deductible and a 2% hurricane deductible. Dwelling coverageAverage annual rateAverage monthly rate$200,000$2,822$235$300,000$3,594$299$400,000$4,564$380$600,000$7,078$590$1,000,000$11,569$964 What is a hurricane deductible, and how does it impact home insurance rates in Louisiana? A hurricane deductible is a separate deductible that applies specifically to hurricane damage. While a typical insurance deductible is a set fee, such as $1,000, the Louisiana hurricane deductible is between 2% and 5% of the property value. Although many insurers include hurricane coverage for most Louisiana homeowners, homeowners on the Gulf Coast may have to add hurricane coverage. Additionally, flood insurance typically has to be purchased separately, which may raise rates significantly. The rates below are averages with and without a 2% hurricane deductible. Rates without a hurricane deductible may not include any hurricane coverage; read your policy carefully. Average rates with hurricane deductibleAverage rates without hurricane deductible$3,594$2,775 Average homeowners insurance cost in Louisiana Average homeowners insurance rates in Louisiana are more expensive than the national average for several reasons, including severe weather. Many small insurers have gone insolvent or left Louisiana due to natural disasters, such as hurricanes, tornadoes and flooding. Because Louisiana homeowners insurance is hard to find, many consumers must get coverage through Louisiana Citizens, the state’s last resort for insurance. Louisiana Citizens is a nonprofit, tax-exempt entity created to provide insurance to property owners who are unable to obtain insurance in the private market. However, state law makes this coverage more expensive than with a private insurer. Rising labor and material costs also contribute to increased home insurance rates as insurers raise their rates to compensate. The table below shows average home insurance rates based on $300,000 in dwelling and liability coverage with a $1,000 deductible. Louisiana rates are $993 above the national average. Dwelling coverageLiabilityAverage annual rate in LouisianaDifference compared to the national average$300,000$300,000$3,594$993 Average cost of home insurance in major Louisiana cities Where you live in Louisiana also affects home insurance rates. While Alexandria is inland and has the lowest average rates, Kenner is located near the coast and has much higher rates. This table highlights the difference in Louisiana home insurance rates across several major cities. CityAverage annual rateAverage monthly rateAlexandria$2,832$236Baton Rouge$3,692$308Bossier City$2,904$242Houma$4,080$340Kenner$5,525$460Lafayette$3,475$290Lake Charles$3,831$319Monroe$2,935$245New Orleans$4,997$416Shreveport$2,845$237 What our expert says Amy BachExecutive Director of United Policyholders “We know that the majority of homeowners don't have enough insurance, and we offer tips to help people avoid that situation.” Methodology Insure.com commissioned home insurance rates from Quadrant Data Services in late 2023 for a homeowners insurance policy with dwelling coverage levels ranging from $200,000 – $1 million and liability coverage of $100,000 and $300,000. Sample rates were requested using a $1,000 deductible and a 2% hurricane deductible where applicable. In case you missed it What is HO-6 condo insurance and how much does it cost? 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Most Americans don’t 1/1 Related Articles Condo insurance calculator: Estimate the cost of coverage By Jessica Olson How to file a successful mold claim By Chris Kissell Cost of living comparison by state By Chris Kissell Home insurance for older homes with knob and tube wiring By Erik Martin How to switch home insurance By Leslie Kasperowicz Cheapest homeowners insurance in 2024 By Chris Kissell On this page How to use the Louisiana home insurance calculatorHow does dwelling coverage affect homeowners insurance in Louisiana?What is a hurricane deductible, and how does it impact home insurance rates in Louisiana?Average homeowners insurance cost in LouisianaAverage cost of home insurance in major Louisiana citiesWhat our expert saysMethodology Get instant quotes now ! Please enter valid zip Get Quotes