Homeowners insurance policies provide coverage for the structure of your home and the belongings inside it, along with protection against liability claims.
The This Old House Reviews Team put together this guide to help you find the best homeowners insurance policy in Louisiana.
Keep reading to learn about home insurance coverage, cost, and the top home insurance companies in the industry.
To get home insurance quotes in your area, call 855-948-5219 or enter your zip code in our free quote tool:
5 Best Homeowners Insurance Providers in Louisiana
Here are the top providers of home insurance in Louisiana:
- Allstate: Best Coverage Options
- State Farm: Best Endorsements
- Farmers: Most Customizable Coverage
- Liberty Mutual: Best Discounts
- Amica®: Best Customer Service
Allstate: Best Coverage Options
Allstate is one of our highest rated providers, earning a high score for its customer service, coverage, and online resources. Allstate offers the best protection for homeowners with valuable items. While Allstate caps its personal property coverage at 75% of dwelling coverage, you can purchase endorsements for more expensive items like jewelry, watches, furs, musical instruments, and sports equipment.
It also stands out for offering 24/7 customer service and having a vast network of local agents.
Pros and Cons of Allstate Home Insurance
✔ Offers 24/7 customer service
✔ Features more endorsements than Liberty Mutual and Amica
✔ Prevents your premium from increasing after a claim with its Claim Rate Guard endorsement
✘ Tends to have higher premiums than other providers in this review
✘ Has a lower limit for personal property and loss of use coverage than some competitors
Additional Coverage Options
Here’s an overview of Allstate’s homeowners insurance endorsements:
- Green improvement restoration
- Manufactured and mobile homes
- Electronic data recovery
- Scheduled personal property coverage
- Business property
- Musical instruments
- Water backup
- Sports equipment
- Home-sharing
- Identity theft restoration
- Yard and garden protection
- Umbrella insurance
Available Discounts
Allstate offers a a multi-policy, claims-free, home buyer, responsible payment, welcome and loyalty, easy pay plan, protective device, and early signing discount.
Get Your Free Home Insurance Quote: Allstate Home Insurance Quote
Learn More: Allstate Home Insurance Review
*A.M. Best ratings accurate as of January 2023
State Farm: Best Endorsements
Holding 18% of the home insurance industry’s market share, State Farm is the largest homeowners insurance company in the country. With its size comes a large network of local agents and brick and mortar offices, which contribute to its high J.D. Power score.
If you have car insurance with State Farm, you can save money on premiums by bundling your home and auto coverage. However, the company tends to have fewer discounts than competitors like Allstate and Liberty Mutual. We like State Farm most for its extensive endorsements. The company offers versatile policy add-ons to help you tailor your policy to your needs.
Pros and Cons of State Farm Homeowners Insurance
✔ Provides a simple user-friendly online experience
✔ Is the nation’s largest home insurance provider
✔ Has a superior financial strength rating from AM Best
✘ Offers fewer discounts than competitors
✘ May require you to contact an agent to get a quote depending on your location and home information
Additional Coverage Options
State Farm offers the policy endorsements below:
- Earthquake coverage
- Loss assessment coverage for HOA charges
- Flood policies (through the National Flood Insurance Program)
- Identity theft protection
- Home systems protection
- Water backup coverage
Available Discounts
State Farm also offers the discounts below to homeowners:
- Claims-free
- Multi-policy
- Home alert protection
- Roofing materials
Get Your Free Home Insurance Quote: State Farm Quote or call 1-360-262-2561
Learn More: State Farm Home Insurance Review
Farmers: Most Customizable Coverage
Farmers is another popular name in the insurance industry offering a multitude of insurance products, including life, renters, and auto insurance.
The company’s homeowners policies provide robust coverage and extensive savings opportunities through a range of discounts.
Farmers provides highly customizable coverage for your home’s additional structures and personal property, as well as flexible loss of use coverage. Other companies establish these amounts based on dwelling coverage limits.
Farmers offers coverage for up to 200% of your total dwelling coverage amount personal property and additional structures and up to 30% of your home’s dwelling coverage for loss of use.
Pros and Cons of Farmers Home Insurance
✔ Offers up to $25,000 of additional insurance coverage if you rebuild your home with eco-friendly appliances and building materials
✔ Reduces deductibles by $50 each year
✔ Provides an add-on for ordinance or law coverage, which many companies exclude from coverage
✘ Earned a lower score than competitors in the J.D. Power customer service survey
✘ May limit coverages based on where you live
Additional Coverage Options
Farmers offers the following policy add-ons:
- Eco-rebuild coverage
- Identity theft
- Replacement cost coverage
- Personal article floater
- Flood insurance through the NFIP
- Ordinance or law
Available Discounts
Farmers offers the discounts below to help you save money on coverage:
- Affinity discount
- ePolicy discount
- Preferred payment
- Claims free
- Protective device
- Connected home
- Good payer
- Green certification
- Nonsmoker discount
- Rent to own
- New home
- Home safety
- UL-approved roofing materials
- Multiline discount
Get Your Free Home Insurance Quote: Farmers Quote
Learn More: Farmers Home Insurance Review
Liberty Mutual: Best Discounts
Liberty Mutual has more than a century of experience in the insurance industry. Though it scored lower in the J.D. Power survey than competitors like Allstate and State Farm, the company has an A rating from AM Best for financial strength.
Liberty Mutual’s basic home insurance coverage and its add-ons are competitive. Its discounts are unique as well. For example, you can save on premiums if you replace your roof or make improvements to your home. You can also save money with a discount if you insure your home for its entire value instead of choosing a percentage or lower dollar amount.
Pros and Cons of Liberty Mutual Home Insurance
✔ Has more than 100 years of experience in the insurance industry
✔ Provides access to a 24/7 claims center
✔ Offers add-on coverage for natural disasters, which can be essential for Louisiana homeowners
✘ May restrict liability coverage for some dog breeds
✘ Excludes some coverages based on your location
Additional Coverage Options
Liberty Mutual offers the optional additional coverages below:
- Additional hurricane protection
- Total replacement cost
- Fine jewelry coverage
- Water backup/sump pump overflow protection
- Inflation protection
Available Discounts
You can lower your home insurance premiums with the LIberty Mutual discounts below:
- Claims-free
- Early shopper
- Paperless policy
- Preferred payment
- Newly purchased/ renovated homes
- New roof
- Bundling multiple policies
- Insuring your home to its total value
- Safe homeowners
Get Your Free Home Insurance Quote: Liberty Mutual Homeowners Insurance Quote
Learn More: Liberty Mutual Homeowners Insurance Review
Amica: Best Customer Service
Amica wins our vote for having the best customer service of any of the home insurance providers in Louisiana. The company has the highest J.D. Power score for customer satisfaction of any provider in the nation, with a 24/7 claims center and dedicated agents.
Amica also has nearly 115 years of experience in the insurance industry—more than the other two providers listed in this review—and offers extensive coverage at affordable rates.
Pros and Cons of Amica Home Insurance
✔ Provides a catastrophic coverage endorsement for Louisiana hurricanes and floods
✔ Has a 24/7 claims center, which some providers limit to weekdays or set hours
✔ Offers liability coverage as low as $25,000 and as high as $1 million
✘ Has fewer discounts than competitors
✘ Doesn’t always offer online quotes
Additional Coverage Options
Amica offers a few additional coverages, which include:
- Additional hurricane protection
- Fine jewelry coverage
- Inflation protection
- Total replacement cost
- Water backup/sump pump overflow protection
Available Discounts
Amica’s discounts are listed below:
- Alarm system
- Auto pay
- Automatic detection devices (temperature monitor, gas leak or water leak)
- Claim-free
- E-discount
- Loyalty
- New/remodeled home credit
- Multi-line
Learn More: Amica Home Insurance Review
What Is the Average Cost of Homeowners Insurance in Louisiana?
The average cost of homeowners insurance in Louisiana is $1,987 per year, based on the Insurance Information Institute’s most recent study. Based on this data, Louisiana has the highest insurance premiums in the nation. For reference, Oregon residents pay an average of $706 for coverage annually, with the lowest premiums in the country.
Louisiana residents are exposed to a number of weather-related perils, which we’ll unpack below. The best way to gauge how much a policy will cost you is to apply for a quote using your location and information about your home.
What Risk Do Homeowners in Louisiana Face the Most?
Louisiana residents face an elevated risk of weather-related risks. Because the state is located on the Gulf Coast, it frequently faces tropical storms, hurricanes, and accompanying storm damage.
The state’s lowest point in New Orleans is also below sea level, putting it at a heightened risk of flooding.
Flood damage is not covered by basic homeowners insurance. However, you can purchase a stand-alone policy with the assistance of the providers in this review.
Fortunately, your homeowners policy will typically cover lightning, windstorm, and hail damage.
Which Is the Best Homeowners Insurance Provider in Louisiana for You?
Overall, Allstate is our top recommendation for homeowners in Louisiana looking to protect their home and belongings. With robust coverage and endorsements, a range of discounts, and top-notch customer service, Allstate is a solid choice of insurer.
However, which company is right for you will depend on your preferences and needs. The other providers in this review also offer quality coverage and support and may meet your family’s needs. To land on the right provider, we recommend getting quotes from at least three companies to compare your options.
Compare Homeowners Insurance companies in Louisiana
Frequently Asked Questions
Our Rating Methodology
The This Old House Reviews Team is committed to providing comprehensive and unbiased reviews to our readers. This means earning your trust through transparency and having the data to back up our ratings and recommendations.
With that in mind, we created an objective rating system to score each home insurance company. Here’s what that review process looked like:
- We analyze the information on each company’s website. This allows us to determine what products and services are offered by each home insurance provider.
- We get a sample quote from the companies by either talking to a sales representative or by using the online quote tool. This tells us what a policy looks like and costs.
- We test customer service by talking to a company representative, finding out their hours of operation, and determining what technological features are available for customers.
- We update all of this information on a continuous basis, storing it in a proprietary database that allows us to compare dozens of home insurance companies against each other.
With this data, we created a rating methodology to score each home insurance company. Our rating system is a weighted, 100-point scale based on the following factors:
- Coverage (30): We rated home insurance companies higher if they offered the six main types of homeowner protection—dwelling, other structures, personal property, loss of use, liability, and medical payments to others coverage.
- State availability (7.5): Companies scored higher if they covered more states than their competitors.
- Customer service (15): This factor is based on our communications with the company representatives, as well as the companies’ claims and quotes processes, availability throughout the week, and customer service information found on their websites.
- Technology (12.5): Technology can increase the efficiency of filing and tracking home insurance claims. Companies scored higher if they had technology options like mobile apps and online chat functions.
- Reputation (20): We gauged trustworthiness based on years of experience and Better Business Bureau ratings.
- Additional benefits (15): Companies that offered optional features, like discounts and endorsements, scored higher than competitors that didn’t.
The This Old House Reviews Team has a full-time researcher who collects and regularly updates data points from every company to help us compare them on key factors such as coverage, service, and dependability.
To share feedback or ask a question about this article, send a note to our Reviews Team at reviews@thisoldhousereviews.com.