Average renters insurance cost in Louisiana

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Renters in Louisiana pay an average of $579 per year, or $48 per month for renters insurance. This is based on a standard policy covering $40,000 in personal property, $300,000 in liability, and a $1,000 deductible – a reasonable baseline for most renters.

What you actually pay will depend on your coverage amount, which insurer you choose, and personal details like your ZIP code, claims history, and in some states, your 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?

State Farm offers the most affordable renters insurance in Louisiana, with an average annual cost of $270. Progressive and Farmers are also worth considering if you’re looking to keep costs down.

Choosing the cheapest insurer isn’t always the best option, so it’s important to review coverage limits, deductibles, and available discounts alongside price. The table below shows average annual and monthly rates from a range of 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.

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.

Renters insurance rates in Louisiana by city

See rates in your city

Does your ZIP code affect renters insurance rates in Louisiana?

Your ZIP code is one of the biggest factors insurers use to set rates. Local risks like theft, fire and weather claims can drive premiums up or down, so two renters with the same coverage may pay very different prices.

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

Why your ZIP code affects renters insurance costs

Insurers use local risk data to calculate renters insurance premiums, which means rates can vary significantly by neighborhood and ZIP code.

Factors that affect renters insurance rates include:

Local theft and vandalism rates
Weather risks such as hurricanes, floods, or wildfires
Fire claims and rebuilding costs in your area

Even moving a few ZIP codes away can affect your monthly premium.

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

In Louisiana, your ZIP code plays a major role in determining your premiums. Based on our data, 71329 is the most affordable ZIP code for renters insurance, with an average annual cost of $379.

ZIP codes with lower theft rates and fewer severe weather claims tend to have more affordable renters insurance premiums.

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?

70091 is the most expensive ZIP code for renters insurance in Louisiana, at an average cost of $1,367 annually or $114 monthly.

Here are the average annual renters insurance rates for every ZIP code in Louisiana, based on quotes from major insurers.

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

Compare at least 3 quotes – rates for the same coverage can vary by $100+ between insurers in the same ZIP code
Bundle with auto insurance to save 5% to 15% on your renters policy
Ask about safety device discounts for smoke detectors, deadbolts, security systems, and smart-home monitoring
Raise your deductible from $500 to $1,000 to save around 10%
Check claims-free discounts if you haven’t filed a claim in 3+ years

Is renters insurance worth it in Louisiana?

For the vast majority of renters in Louisiana, a renters insurance policy is a smart financial decision. It covers your personal belongings against fire, theft, vandalism, and certain disasters, and provides liability protection if a guest is injured in your home.

Data from the US Department of Commerce, US Census Bureau, and American Community Survey shows that roughly 48% of renter households in the US spend more than 30% of their income on housing costs – which means every recurring expense, including insurance, deserves careful consideration.

The best approach is to compare policies rather than just prices. Coverage quality, deductibles, and customer service all factor into whether a policy is actually good value. Paying a little more for stronger coverage often makes sense when it’s time 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.

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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.