What renters in Louisiana actually pay for insurance, from the National Association of Insurance Commissioners' 2023 Homeowners Insurance Report (published July 2026) — plus the Louisiana-specific rules that shape your policy and your price.
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Louisiana at a glance
The figures below are the NAIC's state average HO-4 (renters) premium for Louisiana — total premiums divided by total policies, 2023 policy year, published July 2026.
Average renters premium · Louisiana$250/yr~$21/mo a month · #2 of 51 states (1 = priciest) · 145% of the US average
$250/yrAverage annual premium (NAIC 2023)
~$21/moMonthly equivalent
145%Of the national average
#2 of 51Price rank (1 = priciest)
Louisiana$250/yrLouisiana average · ~$21/mo
+$77/yrvs national average
National average$173/yrAll 50 states + DC
Louisiana vs the country
Mississippi · priciest state$263/yr
Louisiana · your state$250/yr
Texas · neighbor$201/yr
United States average$173/yr
South Dakota · cheapest state$125/yr
How it works: figures are the NAIC's state average HO-4 (renters) premiums — total premiums divided by total policies, 2023 policy year, published July 2026. Monthly = annual ÷ 12. Rank is out of all 50 states + DC, priciest first. These are premiums paid, averaged across coverage amounts — a quote for a specific $30k/$100k policy will differ. Nothing you type leaves your device.
How this number is measured
The $250 figure isn't a quote — it's what Louisiana renters actually paid on average. The NAIC collects HO-4 (renters) premiums from every insurer, divides by policies in force, and publishes the state average. That makes it the cleanest benchmark available: same method, same policy form, every state, no marketing spin.
Output · formula · meaning
Output
Formula
What it means
Average annual premium
Σ premiums ÷ policies
What the typical Louisiana renter pays per year: $250.
Monthly equivalent
annual ÷ 12
The monthly budget figure: about ~$21/mo.
Index vs US average
state avg ÷ $173 × 100
Louisiana sits at 145% of the national average — 45 points above the typical state.
Price rank
sorted, priciest first
Louisiana is #2 of 51 — the second-priciest state in the country.
3 things Louisiana renters should know
No Louisiana law requires renters insurance. The state leaves it to the lease — and after the storms of the last two decades, most Louisiana landlords require it. If your lease names a minimum (often $100,000 of liability), that line of your lease is the law that applies to you.
Flood is not in the policy — and in Louisiana that matters. A standard HO-4 renters policy excludes flood damage, and Louisiana is flood country: much of metro New Orleans sits below sea level, and parishes far inland flood from slow-moving storms. Renters can buy contents-only flood coverage from the National Flood Insurance Program even when the landlord carries no flood policy.
Know your named-storm deductible before you sign. Louisiana policies commonly carry a separate hurricane or named-storm deductible — usually a percentage of the building's insured value (often 2–5%) rather than a flat dollar figure. After Katrina, Ida, and the seasons since, it is the single most important line on a Louisiana renters policy. Hurricane season runs June 1–November 30.
Who uses this page
Movers: budgeting a move to Louisiana — is ~$21/mo about right for your renters policy?
Lease shoppers: checking whether the number your agent quoted is anywhere near the state average.
Landlords: setting the insurance clause in a lease — know what “typical” costs your tenants.
Researchers & students: the NAIC figures are public statistics — cite them with the block below.
Accuracy & limitations
These are 2023-policy-year averages published in July 2026 — the freshest official data available, but your 2026 quote will differ by ZIP code, building construction, coverage limits, deductible, claims history, and credit-based insurance score (where legal). Treat $250/yr as a benchmark, not a quote. Renters insurance markets move fast in storm states, so treat the figure as a starting point and get live quotes.
Cite this pageBright Side Kit. “Average Renters Insurance Cost in Louisiana.” brightoolbox.com, 2026.Bright Side Kit. "Average Renters Insurance Cost in Louisiana." https://brightoolbox.com/renters-insurance-cost-louisiana/ Accessed October 21, 2026.
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Frequently asked questions
Is renters insurance required in Louisiana?
No state law requires it, but most landlords — especially in New Orleans, Baton Rouge, and the coastal parishes — make it a lease condition. If your lease requires it, that requirement is binding.
How much is renters insurance in Louisiana per month?
The state average premium is about $21 a month ($250 a year) according to NAIC 2023 data — the second-highest in the country, behind only Mississippi ($263).
Does Louisiana renters insurance cover hurricanes?
Standard policies cover wind damage to your belongings — including hurricane wind — but not flood. The Louisiana twist is the separate named-storm deductible: usually 2–5% of the building's insured value, which can be thousands of dollars even on a renters policy's liability side.
What is a named-storm deductible?
A deductible that applies only when damage is caused by a named storm — a percentage of the building's insured value rather than a flat amount. A 3% deductible on a $300,000 building is $9,000, which is why you must know this number before you sign a Louisiana policy.
Why is renters insurance so expensive in Louisiana?
Hurricanes — Katrina, Ida, and the seasons since — plus litigation costs and high rebuilding costs. Louisiana ranks #2 of 51 for average renters premiums at 145% of the national average. The state's 2024 insurance-reform package aimed to stabilize the market, but rates in storm states move slowly.
What's the cheapest way to lower my Louisiana renters insurance?
Raise the deductible (watch the named-storm one separately), bundle with auto, pay annually, ask about storm-shutter and security discounts, and confirm replacement-cost vs actual-cash-value. The full playbook is in the how to lower your renters insurance guide.