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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.

Average Annual Home Insurance Rates In Louisiana
$3,712 Average rate
$9,960 Highest
rate
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$1,045 Lowest
rate

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 rate
Alexandria$2,832$236
Baton Rouge$3,692$308
Bossier City$2,904$242
Houma$4,080$340
Kenner$5,525$460
Lafayette$3,475$290
Lake Charles$3,831$319
Monroe$2,935$245
New Orleans$4,997$416
Shreveport$2,845$237
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What our expert says

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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. 

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