Louisiana variant. This is a Louisiana-specific version of the Homeowners Insurance Estimator, using pre-defined local figures (tax rates, median home and income values, and typical regional costs). For the full formula, methodology, and FAQ, open the main Homeowners Insurance Estimator.
Homeowners insurance in Louisiana typically runs about 0.30%–0.40% of home value per year. On the $200,000 median home, that's roughly $700 annually.
What Louisiana homeowners insurance covers
Premiums fund dwelling coverage, personal property, liability, and loss of use. Louisiana's $200,000 median home value sets the baseline dwelling coverage and therefore the premium.
Local risk - wildfire, hurricane, hail, flood - drives big swings. Flood is separately insured. Use the estimator to refine the Louisiana average for your build cost and deductible.
About taxes and housing in Louisiana
Louisiana has a graduated income tax with a low top rate and allows a deduction for federal income taxes paid.
Louisiana has low property taxes and a generous homestead exemption, but it has some of the highest auto insurance costs in the nation.
Louisiana's economy is tied to oil and gas, petrochemicals, shipping along the Mississippi River, and a major tourism sector in New Orleans.
Worked example: $200,000 home
$200,000 × 0.35% ≈ $700/year ($58/month). Replacement-cost coverage, not market value, ultimately sets the premium - land value is excluded.
Quick reference
- State income tax: 1.85-4.25% across 3 brackets
- State sales tax: 4.45% (plus 5.10% avg local)
- Median home value: $200,000
- Median household income: $57,852
- Effective property tax rate: 0.55%
- Avg auto insurance: $2,864/yr
Frequently Asked Questions
How much is homeowners insurance in Louisiana?
Roughly $700/year on the $200,000 median home, varying with local catastrophe risk.
Does homeowners insurance cover floods in Louisiana?
No - flood coverage is purchased separately through the NFIP or private insurers.