Who has the best homeowners insurance in Louisiana?
Asked by: Jaunita Weissnat | Last update: December 10, 2025Score: 4.1/5 (8 votes)
What is the best home insurance in Louisiana?
Based on Bankrate's research, USAA, Allstate, State Farm and The Hanover are writing the best homeowners insurance in Louisiana. We'll just need your ZIP code to show you offers from home insurance carriers in your area.
Which homeowners insurance has highest customer satisfaction?
Amica, AIG and Erie Insurance are the best homeowners insurance companies for claims satisfaction, according to J.D. Power's 2024 Property Claims Satisfaction Study.
Who is the most trusted insurance company?
- Best for customer satisfaction: Erie Insurance.
- Best for seniors: Nationwide.
- Best for liability insurance: Auto-Owners.
- Best for claims filing : State Farm.
- Best for bundling: American Family.
- Best for accident forgiveness: Progressive.
- Best for military members and veterans: USAA.
What insurance is the most commonly purchased homeowners insurance?
The most common type of homeowners insurance is the HO-3 policy. HO-3 policies offer more expansive coverage than HO-2s, meaning that your home's structure is safeguarded against all perils except for those specifically excluded (for example, earthquakes and floods) in your policy.
5 Best Home Insurance Companies for 2024
Why is Louisiana homeowners insurance so expensive?
This is primarily because of the storm patterns and inclement weather that are common and the sheer number of hurricanes. These hurricanes cause serious damage and increase premiums year over year. For example, the homeowner's insurance rates rose more than most of the rest of the United States in 2021.
Is State Farm writing homeowners policies in Louisiana?
If you rent or own, we can help protect your residence with great home and property insurance in New Orleans. Enjoy the confidence that comes with having homeowners insurance. It may cover losses caused by theft, weather and other accidents.
How can I lower my homeowners insurance cost?
- Shop around for the best home insurance rates.
- Bundle your home and auto policies.
- Increase your home insurance deductible.
- Improve home security.
- Make home improvements.
- Review your coverage every year.
- Ask about savings.
- Consider actual cash value vs. replacement cost.
What insurance company has the most complaints?
The auto insurance company with the most complaints is United Automobile Insurance, which receives roughly 40 times more complaints than the average insurer its size, according to the latest NAIC complaint index.
What is the best homeowners insurance for seniors?
Who has the best homeowners insurance for seniors? The Hartford offers policies specifically tailored to the elderly. If this provider is not available in your area, consider AIG or Chubb for high-value homes.
What company has the best homeowners insurance?
Bankrate's extensive research pinpointed Allstate, USAA and Amica as some of the best home insurance companies in the nation.
Can I choose my own homeowners insurance?
While many lenders provide insurance referrals, choosing a home insurance company is your decision. You're responsible for making sure the coverages on your policy adequately protect your residence, detached structures, and personal belongings.
Does Geico offer homeowners insurance in Louisiana?
Yes, GEICO is an option for homeowners insurance in Louisiana.
What is the 3-year rule for insurance in Louisiana?
In the wake of Hurricane Katrina, Louisiana lawmakers instituted what became known as the “three-year rule” in which insurers were barred from dropping a policy or raising its deductible after it had been renewed for three years. This law, unique to Louisiana, has recently been repealed.
How much is the average homeowners insurance in Louisiana?
The average yearly cost of Louisiana homeowners insurance is $2,259.
Can you change home insurance at any time?
If you find yourself dissatisfied with your current home insurance, not to worry. You can change your home insurance coverage at any time for any reason – and the process is pretty simple.
What is the average deductible for homeowners insurance?
What is the standard homeowners insurance deductible? Typically, homeowners choose a $1,000 deductible (for flat deductibles), with $500 and $2,000 also being common amounts. Though those are the most standard deductible amounts selected, you can opt for even higher deductibles to save more on your premium.
What does Dave Ramsey say about homeowners insurance?
Homeowners Insurance
Dave recommends selecting a higher deductible for your homeowner's insurance to help keep your premiums low. It is also important to consider a policy offering guaranteed or extended replacement cost policy to help you to rebuild after a significant loss.
How can you reduce your premium for insurance on your home?
Raise your deductible
A deductible is the amount of money that you are responsible for paying toward an insured loss. The higher your deductible, the more money you can save on your premium, so if you can pay above the minimum $500 or $1,000 deductible, for example, you may reduce the cost of your homeowners policy.