Home Home insurance Average home insurance cost Louisiana New Orleans, LA Average homeowners insurance cost in New Orleans, LA By Insure.com's Editor | Updated on December 12, 2023 Why you can trust Insure.com Quality Verified At Insure.com, we are committed to providing the timely, accurate and expert information consumers need to make smart insurance decisions. All our content is written and reviewed by industry professionals and insurance experts. Our team carefully vets our rate data to ensure we only provide reliable and up-to-date insurance pricing. We follow the highest editorial standards. Our content is based solely on objective research and data gathering. We maintain strict editorial independence to ensure unbiased coverage of the insurance industry. The average cost of homeowners insurance in New Orleans is $4,113 per year (for the coverage level of $300,000 for dwelling, $100,000 for liability protection and $1000 deductible), based on Insure.com’s rate data analysis. It’s $1,696 more than the national average of $2,417. However, homeowners insurance rates can vary drastically from one home to another. Home insurance rates in New Orleans depend on a number of factors, including: Size of your home Age of your home Amount of coverage you need Location Your credit score To make sure you are getting the best deal on home insurance, it is important to get quotes from multiple insurers. Read on to learn more about know how much homeowners insurance costs per month in New Orleans, home insurance costs for different dwelling coverages, and which companies offer cheap home insurance in New Orleans. Key takeaways The average cost of homeowners insurance in New Orleans is $4,113 per year. Allstate is the cheapest homeowners insurance company in New Orleans with an average annual premium of $1,412. If you increase your dwelling coverage from $200,000 to $300,000, you will just have to pay $1,179 more a year for home insurance. Average homeowners insurance cost in New Orleans per month New Orleans homeowners pay an average of $343 a month, based on our rate analysis. It’s $106 more than the state average of $237 and $142 more than the national average for home insurance across the United States. The price of your homeowners insurance policy in New Orleans may vary depending on where you live, the value of your home, and the coverage you choose. How much is homeowners insurance for a $200,000 house in New Orleans The average cost of homeowners insurance in New Orleans, LA is $2,934 annually for the dwelling coverage of $200,000 and the liability protection of $100,000. The amount you pay for home insurance each year depends on many different things. The types of natural disasters or events that take place in your area affect how much you pay for coverage in your city. Some areas are more at risk for natural disasters, like floods, hurricanes, or tornadoes. This means that if something happens, the cost of rebuilding would be higher in those areas, thereby leading to higher insurance premiums. Your insurance policy might not cover damage caused by floods or hurricanes. So, if you live in a flood-prone area, consider buying flood insurance coverage. How much is homeowners insurance for a $300,000 house in New Orleans? According to a rate analysis by Insure.com, homeowners in New Orleans pay an average of $4,113 per year for a $300,000 house. These rates are for the coverage limits of $100,000 for liability protection and $1000 deductible. If you increase your dwelling coverage from $200,000 to $300,000, you will just have to pay $1,179 more a year for home insurance. It would be best to buy enough insurance to cover the full cost of rebuilding your home. However, the amount of dwelling coverage you need may vary depending on the size of your home, the features in your home, and the cost of living in your area. How much is homeowners insurance in New Orleans by company? Among the carriers analyzed, Allstate is the cheapest homeowners insurance company in New Orleans. Its average annual rate for New Orleans homeowners is $1,412. Progressive ranks second and State Farm makes it to the third spot with an average annual home insurance rate of $1,759. Before choosing a homeowners insurance policy, it is important to research the company. Our experts have analyzed all the insurance companies across New Orleans and prepared a list of the top ten cheapest home insurance providers. You can find below the New Orleans home insurance companies and their average annual premium. Home Insurance CompanyAnnual rateAllstate$1,412Progressive$1,501State Farm$1,759United Insurance Holdings$1,874Farmers$4,040USAA$5,875FedNat Holding$7,120 Methodology Insure.com, with the help of Quadrant Information Services, gathered data for homeowners insurance rates in New Orleans for $300,000 dwelling coverage and $100,000 liability coverage with a $1000 deductible. The data presented are those with a good credit tier alignment. How much is home insurance in other citiesBaton RougeLafayetteLake CharlesShreveport In case you missed it What is HO-6 condo insurance and what does it cover? Average homeowners insurance cost by ZIP code in 2024 What is dwelling coverage and how much do you need? Personal liability insurance: What it is and why you need it Renters insurance quotes: Compare rates Hurricanes and home insurance: How hurricane insurance works Replacement cost policies for your home: Getting what you pay for How much do claims increase home insurance rates? 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By Kathryn Pomroy How to get homeowners insurance with a bad roof By Chris Kissell On this page Average homeowners insurance cost in New Orleans per monthHow much is homeowners insurance for a $200,000 house in New OrleansHow much is homeowners insurance for a $300,000 house in New Orleans?How much is homeowners insurance in New Orleans by company?Methodology Get instant quotes now ! Please enter valid zip Get Quotes