The 3 Best Louisiana Homeowners Insurance Companies
With rates so high, it is important to find a provider that offers comprehensive coverage so that you’re fully protected in the event of a disaster.
This compilation of premium data and top picks for Louisiana homeowners insurance is outlined below. Be aware that flood insurance does not come included in most homeowners insurance policies but is a valuable protection to have in Louisiana, so factor in this additional cost when you are shopping around!
Our Top Picks for Best Homeowners Insurance in Louisiana
- State Farm
- Liberty Mutual
How much is homeowners insurance in Louisiana?
The cost for homeowners insurance in Louisiana is $1,967 per year, which is $775 more than the national average. This significant increase is due to a number of factors in the state, which are discussed below.
Louisiana Rate Factors
Although you are unlikely to experience damage caused by an earthquake in Louisiana, which ranks 40th in the U.S. for earthquake claims, flooding is a real concern. Located on the Gulf of Mexico and featuring many low-lying areas, Louisiana is often among the top three states in the country for flood claims. Hurricanes are another common occurrence in the state, so you need to make sure that your policy explicitly covers this natural disaster. Because of the vulnerability to natural disasters, homeowners insurance rates are high.