Louisiana home insurance companies often charge homeowners higher premiums than other states thanks to the area being prone to flooding and hurricanes. However, the best homeowners insurance companies in Louisiana still offer comprehensive coverage for great rates.
Each company we recommend is fully capable of providing your home complete coverage and peace-of-mind, while also ensuring that you’re not overpaying. The major differences come in the form of customer service experience, discounts, and unique policies offered. The best homeowners insurance.
The 5 Best Homeowners Insurance Companies in Louisiana
Compare Louisiana’s top insurance companies
| Average Price | AM Best Financial Strength | J.D. Power Overall Customer Satisfaction | |
| UPC Insurance | $635 | A- | 747 |
| FedNat Insurance | $920 | A+ | N/A |
| State Farm | $1,272 | A++ | 831 |
| The Hanover | $2,122 | A | N/A |
| USAA | $2,418 | A++ | 878 |
Best Louisiana Homeowners Insurance Companies
UPC Insurance
UPC provides homeowners insurance to 12 coastal states (mostly along the East coast), giving people located in more disaster-prone areas, such as in Louisiana, the coverage they need. It is also one of the cheapest insurance companies in the state.
Best Pricing Options
Why we chose it
Why we chose it
Pros
- Specializes in coastal states
- Unique endorsements
Cons
- Poor customer service reputation
Discounts available
- 15% protective door/window discount
- Multi-policy
- Windstorm certification discount
- Hip roof discount
- Flood insurance discount
- Full premium payment discount
Unique features
UPC offers additional coverages such as home systems and service line protections.
*J.D. Power 2020 Home Insurance Customer Satisfaction Survey, based on a 1,000-point scale
FedNat Insurance
FedNat is a more bare-bones home insurer functioning primarily in the southern U.S. It has limited discounts and addons, but it covers higher value homes for very good rates.
Best for High-Value Homes
Why we chose it
Why we chose it
Pros
- A+ rating from BBB
- Competitive rates
- High-valued homes served
Cons
- Old website
- Few discounts
Discounts available
- Multi-policy
Unique features
StormPeace 72 hour hurricane payouts, and flood insurance options.
State Farm
As one of the largest homeowner insurance companies in the U.S., State Farm boasts a large assortment of helpful resources, tools as well as a noteworthy customer service team.
Best Online Experience
Why we chose it
Why we chose it
Pros
- Financially stable
- Detailed quote tool
- Informative website
Cons
- Few discounts
- Average customer service
Discounts available
- Multi-policy
- High deductible
- Security equipment discount (alarms & other systems)
- Impact resistant roofing discount (not available in every state)
Unique features
An informative and intuitive website featuring an expansive quote tool and blog.
*J.D. Power 2020 Home Insurance Customer Satisfaction Survey, based on a 1,000-point scale
Further Reading on State Farm:
Hanover Insurance Group
The Hanover group has a three-tier package structure for its homeowner insurance policies that allows individuals to choose the best package for their needs. Furthermore, these packages can be slightly tweaked in order to offer users even more customization.
Best Customization Options
Why we chose it
Why we chose it
Pros
- Good range of endorsements
- Several tiers of coverage
Cons
- No online quote
- Below-average customer service
Discounts available
- Multi-policy
- Security equipment discount
- New home discount
- Payment method discount
- Affinity group discount
Unique features
A network of independent agents and an easy-to-understand three-tiered policy system.
USAA
Military members in Louisiana will find USAA an excellent choice for homeowners insurance. It provides members comprehensive homeowners policies for highly competitive prices, plus the ability to bundle with a slew of other insurance options.
Best for Military Members
Why we chose it
Why we chose it
Pros
- Excellent customer service
- High financial rankings
- Coverage aimed at military members
Cons
- Available only to military service members
- Few discounts
Discounts available
- Multi-policy
- Protective device discount
- Home renovation discount
Unique features
Available for military service members and their families only.
*J.D. Power 2020 Home Insurance Customer Satisfaction Survey, based on a 1,000-point scale
Further Reading on USAA:
Average Cost of Homeowners Insurance in Louisiana
In Louisiana, homeowners can expect to pay an average of $1,968 for an insurance policy.
This is well above the NAIC national average of $1,211, but not surprising considering the known risk of hurricanes and flooding. It is a bit high compared to other states in the region though. For example, Mississippi sits at $1,537 and Georgia at $1,267.
Keep in mind, that exactly where you live has a big impact on the average rates. Plus, the best cheap homeowners insurance companies may have lower premiums from the start.
Home insurance add-ons that will further protect you
If you live in Louisiana, then flood insurance should be on your mind. Remember, flood insurance is always a separate policy, and never included as part of the main policy. This is good because not every area in Louisiana is prone to flooding.
All of the insurance companies recommended here give you the option to buy it.
Even if you aren’t in a flood danger zone, hurricanes are still a major issue, so policies that include additional water damage protection would be helpful. Many home insurance companies in Louisiana also offer service line coverage, which helps in case water, electricity, or phone lines are damaged in a storm.
The Cheapest Homeowner Insurance Companies in Louisiana
| Largest Companies by Market Share in Louisiana | Average Annual Premium |
| UPC Insurance | $635 |
| ASI Lloyds | $693 |
| FedNat Ins Co | $920 |
| Maison Ins Co Voluntary | $985 |
| State Farm | $1,272 |
| Gulfstream Prop & Cas Ins Co | $1,310 |
| Encompass | $1,530 |
| The Hanover | $2,122 |
| USAA | $2,418 |
| Garrison Prop & Cas Ins Co | $2,462 |
| Allstate | $2,513 |
| Armed Forces Ins Exch | $3,951 |
| Louisiana Farm Bureau Cas Ins Co | $4,013 |
| Lighthouse Prop Ins Corp | $4,325 |
| Access Home Ins Co | $4,359 |
Cost of Homeowners Insurance by Age of Home
| Age of Home (years) | Sample Annual Premium |
| 0-10 | $2,361 |
| 10-25 | $3,036 |
| 25-50 | $3,166 |
| 50+ | $3,240 |
| Average Across Credit Rating Tiers | $2,951 |
Top 3 Cheapest Homeowners Insurance Companies in Louisiana
- UPC Insurance – $635
- ASI Lloyds – $693
- FedNat Ins – $920
Top 3 Most Expensive Homeowners Insurance Companies in Louisiana
- Access Home Ins Co – $4,359
- Lighthouse Prop Ins Corp – $4,325
- Louisiana Farm Bureau Cas Ins Co – $4,013
Helpful Resources for Louisiana Homeowners
Even if you have the best home insurance in Louisiana, there are still some additional resources you can grab to help protect yourself and your assets. As a general rule, anyone in any flood-prone state (including Louisiana) should take advantage of the resources available from the National Flood Insurance Program (NFIP) offered by the federal government in case a flooding disaster strikes.
Beyond this, the Louisiana Housing Corporation can help homeowners improve and protect their homes, while the Veterans Affairs Regional Loan Center can help military members get loans to acquire their homes or make much-needed additions or repairs.
Homeowners Insurance FAQ
Is homeowners insurance required in Louisiana?
The state and local governments of Louisiana do not require homeowners insurance. However, private lenders most likely will. In simpler terms, if you have a mortgage in Louisiana, you will likely be required to have homeowners insurance.
What is the cheapest homeowners insurance in Louisiana?
USP currently offers the cheapest homeowners insurance policies in Louisiana with an average premium of just $635.
Should I get flood insurance if I live in Louisiana?
Flood insurance is very much needed for many residents in Louisiana. However, check to see if you really are in a high-risk area to ensure you’re not paying for useless coverage. If you do need it, remember that Louisiana home insurance companies don’t offer this protection on a regular policy.
Methodology
We evaluated the companies based on their customer rating and experience, financial stability, and coverage to determine the best providers. To compare home insurance companies across the board, we then calculated a Reviews.com score based on the following:
- Customer Ratings — Customer ratings are an indication of satisfaction with the process of filing a claim. We measured this using J.D. Power Homeowners Satisfaction ratings.
- Coverage — As there isn’t one company to fit everyone’s needs, we evaluated companies by the amount of coverage options and add-ons available.
- Confidence — It is extremely important for insurance companies to fulfill customers’ claims. Companies with sound financial strength will not have issues paying out claims, regardless of the amount. However, companies with weak financial strength might not be able to pay out claims. We measured this using AM Best’s ratings, which specializes in assessing the financial strength of insurance companies.
- Customer Experience — The amount of complaints a company receives is an indicator of the overall customer experience as it expresses dissatisfaction. We have based this measure on the NAIC National Complaint Index.
