The average cost of flood insurance in Louisiana is $60 a month. Flood insurance provides valuable protection to homeowners in the state. Here's what to know about flood insurance in Louisiana:

Our comprehensive guide to flood insurance in Louisiana, includes:

Average cost of flood insurance in Louisiana

Flood insurance costs an average $715 a year in Louisiana, which is $243 less than the national average. That may be surprising because much of Louisiana is low-lying and along the Gulf of Mexico, putting it at risk of flooding.

Premiums may vary depending on exactly where you live in the state and your area's risk of flooding. FEMA categorizes areas into flood zones based on a low, moderate or high risk of flooding, and provides an online tool to find out which flood zone you live in.

The flood insurance rates below are from policies through the National Flood Insurance Program, or NFIP. The cost of NFIP flood insurance policies is determined by the U.S. government.

  • A Special Flood Hazard Area, or SFHA, is typically designated by the letters A or V, which are high-risk flood zones.
  • Zone X (shaded) is a moderate-risk area and Zone X (unshaded) is a minimal-risk area.
  • Zone D are areas where there are possible but undetermined flood risks.
Average cost of flood insurance by zone
Flood zone Average annual rate

All A zones

$1,007

All D zones

$2,756

All V zones

$3,796

All X zones

$500

Source: National Flood Insurance Program

What does flood insurance cover in Louisiana?

Standard homeowners insurance does not cover damage from floods. For coverage, you need a separate flood insurance policy. Flood insurance covers two types of damage: damage to your home and damage to your personal belongings. Those two coverages are called "building" and "contents" coverage.

Building coverage protects your home's structure and appliances. This includes things like your dishwasher, stove, plumbing, garage, foundation and floors. NFIP flood policies provide a maximum of $250,000 of building coverage.

Contents coverage protects your belongings, like your kitchen gadgets, sports equipment, clothing, furniture and electronics. NFIP policies provide up to $100,000 of coverage for your belongings.

Coverage for your home and belongings may change dramatically depending on the elevation of your home. For example, there may be stipulations for items and structures in your basement. Check out our complete guide of what flood insurance covers for more information.

Do you need flood insurance in Louisiana?

If you live in a Special Flood Hazard Area (SFHA) and have a federally backed mortgage, you are required by the U.S. government to have flood insurance. Even if you don't live in a SFHA, your mortgage lender can require you to have flood insurance.

Flood insurance quotes in Louisiana

To get flood insurance quotes and purchase a policy, you'll have to contact an insurance company. While private flood insurance is available, the vast majority of people get flood coverage from the NFIP. That means coverage is the same in Louisiana as in other parts of the U.S.

Flood insurance cannot be purchased directly from the NFIP, but private insurance companies can provide quotes. Quote prices should not vary between insurance companies because rates are set by the U.S. government. That means there's no need to shop around for the cheapest flood insurance policy.

NFIP flood insurance writers

Below are a few companies that deliver NFIP flood insurance. For a complete list of companies that service NFIP policies in Louisiana, see NFIP's flood insurance company list.

  • Allied Trust Insurance Company
  • Wright National Flood
  • The Hartford
  • Allstate
  • USAA
  • Farmers
  • United Property & Casualty Insurance Company
  • American Family
  • American Strategic Insurance Corporation

If you already have a home or renters insurance policy from a company in Louisiana, ask your agent if they can also provide a flood insurance quote. This is the easiest solution for many people because all of your insurance policies can be managed by one company.

If you don't want to or cannot get a flood insurance policy from your current company, we recommend going with a company you think will provide the best level of service for you. For example, military veterans might consider USAA, or AARP members The Hartford, as those companies specialize in specific groups of customers.

Flood history in Louisiana

Louisiana has a devastating history of flooding. According to FEMA, Louisiana saw the one of the highest number of claims through the NFIP in 2021. Between 1996 and 2016, the NFIP paid out more than one million claims, adding up to about $43 billion. The average claim amount was around $41,000 in that time period. The 2005 hurricane season, which included Hurricane Katrina, accounted for almost $16 billion in claims alone.

historical flood insurance claims amount in louisiana

Louisiana floods regularly. Flood waters can come from the Mississippi River, the Red River, the Gulf of Mexico and many other water sources, including heavy rainfall. You do not need to live in an area FEMA designates as high-risk to suffer flood damage. According to States at Risk, 955,000 people in Louisiana are at risk of coastal flooding, and by 2050, that number may reach 1.2 million due to rising sea levels.

No matter what your area's history of flooding is, it can flood in the future. That means whether you're a renter or a homeowner, protecting your belongings and home with flood insurance is a great way to help you get back on your feet as quickly as possible after a disaster.

Methodology

We sourced our data exclusively through government agencies. Rate and loss data came from FEMA.

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