Average renters insurance cost in Louisiana

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Renters insurance in Louisiana costs an average of $579 per year, or $48 per month. That’s for a standard policy with $40,000 in personal property coverage, $300,000 in liability protection, and a $1,000 deductible – a solid starting point for most renters.

Your actual rate depends on how much coverage you choose, which insurance company you go with, and personal factors like your ZIP code, claims history, and in some states, credit score

How much does renters insurance cost in Louisiana?

At $48 per month, renters insurance in Louisiana is based on a policy with $40,000 in personal property coverage and $300,000 in liability protection. Your premium will shift depending on your location, the coverage limits you set, and the total worth of your possessions. Shopping around and comparing quotes from different insurers is one of the most effective ways to keep costs manageable.

It’s worth remembering that a higher deductible might reduce your monthly premium, while broader coverage for valuables such as electronics or jewelry will increase it. Choose a deductible and coverage level that fits both your budget and replacement needs.

Renters insurance in Louisiana: Where to start

On average, renters insurance in Louisiana costs $579 per year, or $48 per month
Among all providers in Louisiana, State Farm consistently comes in with the lowest average rates – around $270 per year
Because premiums can vary significantly from one insurer to the next, comparing multiple quotes before settling on a policy is always a good idea

Which companies offer the cheapest renters insurance in Louisiana?

Among insurers operating in Louisiana, State Farm has the lowest average annual premium at $270. Progressive and Farmers are also worth a look if keeping premiums low is a priority.

That said, price alone shouldn’t drive your decision. It’s equally important to weigh coverage limits, deductible options, and any discounts available to you. The table below lays out average annual and monthly rates from various insurers in Louisiana.

Company	Average annual rate	Average monthly rate
State Farm	$270	$23
Progressive	$305	$25
Farmers	$537	$45
Allstate	$631	$53
Louisiana Farm Bureau	$1,026	$86
USAA*	$598	$50

*USAA is only available to military community members and their families.

Want a more accurate renters insurance estimate?

Use our calculator to get a personalized renters insurance quote based on your location and coverage needs.

Your final premium may vary depending on the insurer, coverage limits, deductible, claims history and other rating factors.

Renters insurance calculator in Louisiana

$558/year

Estimated renters insurance rates in Louisiana

$47

Monthly renters insurance cost in Louisiana

107%

Compared to national average

How much does renters insurance cost by coverage level in Louisiana?

The average annual renters insurance premium in Louisiana is $579, based on $40,000 in personal property coverage, $300,000 in liability, and a $1,000 deductible.

Dropping your personal property coverage from $40,000 to $20,000 could bring your annual cost down to around $366. Just make sure $20,000 would actually be enough to replace what you own before making that change.

The table below shows average annual premiums in Louisiana at both the $20,000 and $40,000 personal property coverage levels.

Coverage level	Average annual renters insurance rate	Average monthly renters insurance rate
$20,000 with $500 Deductible and $100,000 Liability	$373	$31
$20,000 with $500 Deductible and $300,000 Liability	$394	$33
$20,000 with $1,000 Deductible and $100,000 Liability	$345	$29
$20,000 with $1,000 Deductible and $300,000 Liability	$366	$31
$40,000 with $500 Deductible and $100,000 Liability	$595	$50
$40,000 with $500 Deductible and $300,000 Liability	$615	$51
$40,000 with $1,000 Deductible and $100,000 Liability	$558	$47
$40,000 with $1,000 Deductible and $300,000 Liability	$579	$48
$60,000 with $500 Deductible and $100,000 Liability	$836	$70
$60,000 with $500 Deductible and $300,000 Liability	$857	$71
$60,000 with $1,000 Deductible and $100,000 Liability	$787	$66
$60,000 with $1,000 Deductible and $300,000 Liability	$808	$67

People also ask: How much renters insurance coverage do I need?

The right amount of coverage depends on the value of your belongings and how much financial risk you’re willing to take on. Most renters do well with $20,000 to $40,000 in personal property coverage and at least $300,000 in liability protection. If you own high-value items like jewelry or electronics, you may want to add endorsements on top of your base policy.

Renters insurance rates in Louisiana by city

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How much does renters insurance cost by city in Louisiana?

Renters insurance rates in Louisiana aren’t the same across the board – where you live within the state can make a noticeable difference. Local factors like crime rates, weather exposure, and population density all influence what insurers charge.

Here’s a look at how average rates compare across major cities in Louisiana.

Does your ZIP code affect renters insurance rates in Louisiana?

Your ZIP code is one of the most significant factors in how insurers price your policy. Areas with higher rates of theft, more frequent weather events, or a greater number of past claims tend to see higher premiums – even for the same level of coverage.

In Louisiana, annual rates range from roughly $379 in 71329 to $1,367 in 70091. Below are the cheapest and most expensive ZIP codes for renters insurance in Louisiana.

Why your ZIP code affects renters insurance costs

Insurers use neighborhood-level risk data when calculating your premium, which means rates can differ significantly from one ZIP code to the next.

Key factors include:

Theft and vandalism rates in your area
Exposure to weather risks like hurricanes, wildfires, or flooding
Historical fire claims and local rebuilding costs

Even shifting a few ZIP codes can change what you pay each month.

What are the most affordable ZIP codes for renters insurance in Louisiana

71329 has the lowest average annual renters insurance cost at $379.

Areas with fewer theft incidents and lower weather-related claim activity tend to have more affordable premiums overall.

ZIP code	City	Average annual rate	Average monthly rate
71329	Dupont	$379	$32
71301	Alexandria	$380	$32
71328	Deville	$380	$32
71330	Echo	$380	$32
71424	Elmer	$380	$32
71427	Flatwoods	$380	$32
71430	Forest Hill	$380	$32
71431	Gardner	$380	$32
71433	Glenmora	$380	$32
71438	Hineston	$380	$32

What are the least affordable ZIP codes for renters insurance in Louisiana

At the other end of the spectrum, 70091 has the highest average renters insurance cost in Louisiana, at $1,367 per year or $114 per month.

Below are average annual rates across all ZIP codes in Louisiana, based on quotes from major providers.

ZIP code	City	Average annual rate	Average monthly rate
70091	Venice	$1,367	$114
70358	Grand Isle	$1,365	$114
70083	Port Sulphur	$1,305	$109
70041	Buras	$1,269	$106
70082	Pointe A La Hache	$1,268	$106
70357	Golden Meadow	$1,267	$106
70631	Cameron	$1,253	$104
70632	Creole	$1,251	$104
70643	Grand Chenier	$1,249	$104
70081	Pilottown	$1,246	$104

How to lower your renters insurance, even in a high-cost ZIP code

Get quotes from at least 3 insurers – rates for identical coverage can differ by $100 or more within the same ZIP code
Bundle your renters and auto insurance to cut 5% to 15% off your premium
Ask about discounts for safety features like smoke detectors, deadbolts, security systems, or smart home devices
Raise your deductible from $500 to $1,000 – this alone can reduce your premium by around 10%
If you haven’t filed a claim in 3 or more years, ask about a claims-free discount

Is renters insurance worth it in Louisiana?

For most renters in Louisiana, renters insurance is well worth having. It protects your belongings against fire, theft, vandalism, and certain natural disasters, while also providing liability coverage if someone is injured in your home.

According to the US Department of Commerce, the US Census Bureau and American Community Survey â€“ over 48% of renter households in the US spend more than 30% of their income on rent and utilities, which means even smaller ongoing expenses like insurance are worth managing carefully.

Finding the right policy comes down to shopping around. Price matters, but it’s also important to review coverage options, deductibles, and customer satisfaction. Paying slightly more for better coverage can make a real difference when you need to file a claim.

Frequently asked questions

What does renters insurance actually cover?

A standard renters insurance policy covers personal belongings, liability, and additional living expenses if your rental becomes unlivable. It protects against losses from events like fire, theft, and vandalism, and can cover legal or medical costs if someone is hurt on your property. Always check the specific limits and exclusions in any policy you’re considering.

Do I really need renters insurance in Louisiana?

While renters insurance isn’t legally required in most cases, it provides real financial protection that’s hard to replicate otherwise. Even a basic policy can cover thousands of dollars in losses from theft, fire, or accidental damage – costs that would otherwise come straight out of pocket. Many landlords in Louisiana also make renters insurance a condition of the lease.

Sources:

Insurance Information Institute. Facts + statistics: Renters insurance. Accessed May 2026.

How much is renters insurance in other states

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Alisha Ambre

Alisha Ambre holds a Bachelor of Arts with honours in English Literature and Media Studies. She focuses on crafting clear, engaging content that makes complex information feel practical and approachable for everyday readers. When she’s not writing, she’s likely on the volleyball court or immersed in a good video game.