Find the Cheapest Homeowners Insurance Quotes in Your Area
We gathered insurance rates based on a sample 1,800 square foot home in 27 cities in the state of Louisiana in order to determine which cities had the most affordable home insurance rates. We found that Louisiana homeowners pay an average of $2,911 per year for home insurance. State Farm had the most affordable rates in the state out of all the insurance companies used to collect quotes. Read more about our findings below, or use our quote tool above to start finding homeowners insurance quotes in your area.
- Best Homeowners Insurance Companies in Louisiana
- Cheapest Home Insurance Companies
- Homeowners Insurance Rates in Louisiana's Largest Cities
- Top 5 Least Expensive Cities for Home Insurance in Louisiana
- Top 5 Most Expensive Cities for Home Insurance in Louisiana
Best Homeowners Insurance Companies in Louisiana
- Louisiana Farm Bureau
- State Farm
To find the best home insurance company in Louisiana, you should always balance your preferences for coverage features, price, financial stability ratings and customer service. Here, we've ranked the biggest homeowners insurance companies in the Bayou State by customer complaints. Focusing on the customer service experience, the best homeowners insurance companies in Louisiana are USAA, the Louisiana Farm Bureau and State Farm. By this standard, the worst in the state are UPC Insurance, Lighthouse Property Insurance and Maison Insurance.
|Rank||Company||Market share||Complaint ratio|
|5||Louisiana Farm Bureau||5%||0.24|
|6||Progressive (ASI Lloyds)||3.8%||0.82|
|8||Lighthouse Property Insurance||1.9%||1.18|
Find the Cheapest Homeowners Insurance Quotes in Your Area
Louisianians are mostly happy with the service of their home insurance companies: With the exception of our three worst-rated companies, the seven other large insurance companies in the state received a customer complaint ratio below the national median of 1.0.
Flood Insurance in Louisiana
Given its high flooding risk, Louisiana homeowners should know that home insurance policies rarely cover flood damage. Most homeowners will be able to get flood insurance coverage backed by the federal government as part of the National Flood Insurance Program (NFIP). The cost of flood insurance in Louisiana will depend on a variety of factors including your designated flood zone, the elevation of your home and the amount of coverage you choose to buy.
Cheapest Home Insurance Companies in Louisiana
We collected quotes for our sample home in 27 cities from State Farm, Liberty Mutual, and Allstate. Rates from each company were averaged to find which insurance companies had the lowest home insurance rates in Louisiana. The graph below shows the average cost per year to insure our sample home by company:
Homeowners Insurance Rates in Louisiana's Largest Cities
We collected homeowners insurance rates across the ten most populous cities in Louisiana (excluding Bossier City, due to issues collecting comparable quotes within the city). Our study utilized control variables to gather rates and compare each city's home insurance costs. The average cost of home insurance in the ten largest cities was $2,954 per year, which is $43 less than the state mean.
New Orleans, LA
New Orleans is the most populous city in the state of Louisiana. The city is famous for its cross-cultural heritage and annual celebration, Mardi Gras. On average, residents of New Orleans pay $4,894 for homeowners insurance annually. Home insurance rates in the city are $1,983 more expensive than the average in Louisiana.
Liberty Mutual offered a quote of $6,007 in New Orleans, which is almost twice State Farm's quote of $3,807. Allstate quoted the second most affordable rate of $4,867 for our sample home, which is $1,140 cheaper than Liberty Mutual's rate. New Orleans had the most expensive average rate for homeowners insurance out of the 27 cities in our study.
Baton Rouge, LA
Baton Rouge, the capital of Louisiana, is the second largest city in the state. Since European settlement in the United States, the city has been governed by seven different entities: France, England, Louisiana, Spain, the Florida Republic, the Confederate States, and the United States. The mean home insurance quote for our sample home in Baton Rouge was $2,402, which is 17% more affordable than the state average.
In contrast to New Orleans, Liberty Mutual quoted the cheapest home insurance rate in the area at $2,268. State Farm offered the second least expensive home insurance quote at $2,444, which is $49 less expensive than Allstates' quote of $2,493. Baton Rouge ranked as the fourth most affordable city for homeowners insurance out of the ten most populous cities in our study.
Shreveport is the third most populous city in Louisiana. It runs along the Red River and is bordered by Cross Lake. The city was named an All-America City three times in 1953, 1980, and 1999. According to our study, the average annual homeowners insurance quote in Shreveport was $1,951 per year, which is $959 less than the state mean.
State Farm and Liberty Mutual quoted home insurance rates of $1,767 and $1,784 for our sample home, respectively. Allstate's quote of $2,303 was $536 more than State Farm's rate and $519 more than the rate offered by Liberty Mutual. Shreveport ranked as the second cheapest city for homeowners insurance out of the 27 cities in our study in Louisiana.
Lafayette, nicknamed the Hub City, is the fourth largest city in the state of Louisiana. It is considered the center of Acadiana, Cajun-French culture, in the United States. We found the mean annual home insurance cost in Lafayette to be $2,641, which is 9% less than the state average.
Liberty Mutual quoted the lowest rate for our sample home in Lafayette at $2,505 annually, which is $239 less than the rate of $2,744 provided by Allstate. According to our study, homeowners in the city of Lafayette pay $270 less for their home insurance compared to the state average. Compared to the ten most populous cities in Louisiana, Lafayette ranks fifth for the lowest home insurance rate.
Lake Charles, LA
Lake Charles, located along Lake Charles, Prien Lake, and the Calcasieu River, is the fifth most populous city in Louisiana. The city is often referred to as the Lake Area. Our research found that the average home insurance rate in Lake Charles was $2,714 per year, which is $197 less than the state mean.
Allstate quoted our sample home an annual insurance cost of $2,479. State Farm, the most affordable insurer in the state, offered the most expensive quote in the city of $2,989. Lake Charles ranks near the middle for affordable home insurance rates in Louisiana, landing at 14th most affordable city of the 27 cities in our study.
Kenner is the sixth largest city within the state of Louisiana. The city is located in the southeastern section of the state, adjacent to Lake Pontchartrain. Kenner has an average homeowners insurance rate that is 37% more expensive than the state mean. Residents pay an average of $3,997 a year for homeowners insurance.
If you’re looking for affordable home insurance rates in Kenner, we suggest starting with State Farm which quoted our sample home a premium of $3,343 annually. Allstate offered the highest rate at $4,637, which is $1,294 more per year than State Farm's quote. Kenner ranked as the third most expensive out of the 27 cities used in our study.
Monroe is the seventh largest city in our study and the eighth largest city in Louisiana. Some of the largest employers in the city are CenturyLink, Angus Chemical Company, and Graphic Packaging International. The average homeowners insurance rate in Monroe was $1,954. This rate is $957 lower than the state average, which represents a 33% discount.
The most affordable rate in the area is offered by Liberty Mutual at $1,787. The second lowest rate quoted for our sample home was offered by State Farm at $1,975. And the most expensive rate was quoted by Allstate at $2,100, which is $125 more than State Farm's quote. According to our research, Monroe is the second cheapest city for homeowners insurance compared to the ten most populous cities in Louisiana.
Alexandria is the ninth largest city in Louisiana and the eighth most populous city in our study. It lies along the Red River and is in the center of the state. Based on our research, the average cost of home insurance in Alexandria was $2,054 per year, which is 29% more affordable than the state mean.
Allstate offered the most expensive home insurance quote for our sample home in Alexandria at $2,277. State Farm offered the second highest rate of $1,979, which is $298 less than Allstate's quote. Liberty Mutual offered the lowest rate in the city of $1,907 per year. Out of the 27 cities in our study, Alexandria ranked as the fourth cheapest city in Louisiana.
Houma is the ninth most populous city from our study and the tenth largest city in the state of Louisiana. The Intracoastal Waterway runs through the city and serves as a hub for shrimpers, oystermen, crabbers, and fisherman. We found that the average homeowners insurance quote in the city of Houma was $4,056, which is $1,146 more than the state mean.
Allstate, the most expensive insurer in the state, quoted the lowest rate for our sample home at an annual cost of $3,769. The highest rate was quoted from Liberty Mutual at $4,416 per year. Houma ranks as the second most expensive city for home insurance in Louisiana out of the 27 cities included in our study.
New Iberia, LA
New Iberia is the tenth largest city included in our study and the eleventh most populous city in the state of Louisiana. The city hosts the Louisiana Sugar Cane Festival each year in September to celebrate the harvest. Our research found that the average home insurance cost in New Iberia was $2,876, which is 1% less than the average in the state of Louisiana.
Liberty Mutual offered the lowest quote in the city at a cost of $2,630 per year. The second most affordable homeowners insurance quote gathered was offered by Allstate at a cost of $2,744. State Farm, the most affordable insurer in the city, offered the most expensive quote at $3,254 per year, which is $624 more than Liberty Mutual's quote.
Least Expensive Homeowners Insurance in Louisiana: by City
The graph below shows the five cheapest cities in Louisiana of all 27 cities from our study. The cities are listed in order of average price, starting with the most affordable average home insurance rate and ascending. The figures listed in the graph show the mean home insurance rate in each city. Ruston is the most affordable city in Louisiana for homeowners insurance. On average, residents pay $1,905 each year, which is $1,006 lower than the state average.
As we mentioned previously, Ruston is the most affordable city in the state of Louisiana for homeowners insurance. Residents pay $1,905 on average, which is $46 less than the second cheapest city, Shreveport. Allstate offered the lowest quote at $1,776.
Shreveport offers the second cheapest rates for home insurance of the 27 cities in our study. The average home insurance quote in the city was $1,951, which is 33% cheaper than the state mean. The most affordable quote in Shreveport was offered by State Farm at $1,767 per year.
Monroe ranks as the third least expensive city in Louisiana for home insurance. The average homeowners insurance rate gathered for the city of Monroe was $1,954, which is $957 less than the state mean. The lowest offer was quoted by Liberty Mutual at $1,787.
Alexandria had the fourth most affordable home insurance rates in the state. Residents pay on average $2,054 per year, which is $856 less than the state average and represents a 29% discount.
Natchitoches is ranked as the fifth least expensive city in Louisiana for home insurance. On average, residents pay $2,204 for home insurance, which represents a 24% lower rate when compared to the state mean. On an annual basis, residents save $706 on homeowners insurance.
Most Expensive Homeowners Insurance in Louisiana: by City
The graph below shows the five most expensive places of all 27 cities from our study. The cities are listed in order of cost starting with the highest average rate and descending. The figures listed show the average home insurance rate in each city. The most expensive city for homeowners insurance was New Orleans where our research found a yearly average rate of $4,894, which is 68% higher than the state mean.
We compared 27 cities, spread throughout the state of Louisiana. The sample home we used was built in the year 2008 and had 1,800 square feet. Quotes from insurers were collected from the Louisiana Department of Insurance, applying a $200,000 coverage level and a 710 credit score. The rates were then averaged to arrive at a mean value for each city. Below is an alphabetical list of all the cities included in the comparison analysis. We've displayed all cities from Abbeville to Transylvania with the mean annual cost of insurance for the benchmark property and the insurance costs for each city relative to the statewide mean.
|Rank||City||Average Insurance Rate||Cost Compared to State Average|