Cheapest home insurance carriers in New Orleans
Estimated annual premiums for a standard policy (~$300k dwelling, $1,000 deductible), ranked cheapest first — New Orleans averages about $4,362/yr (median of the carriers below: $3,958/yr). Enter your ZIP for a ranking tuned to your home.
| # | Carrier | Est. annual | vs median |
|---|---|---|---|
| 1 | USAA | $3,266/yr | Save $692 |
| 2 | State Farm | $3,385/yr | Save $573 |
| 3 | Shelter Insurance | $3,708/yr | Save $250 |
| 4 | Louisiana Farm Bureau | $3,839/yr | Save $119 |
| 5 | Amica Mutual | $3,939/yr | Save $19 |
| 6 | Nationwide | $3,978/yr | +$20 |
| 7 | Progressive | $4,310/yr | +$352 |
| 8 | Travelers | $4,469/yr | +$511 |
| 9 | The Hartford | $4,809/yr | +$851 |
| 10 | Safeco | $4,809/yr | +$851 |
Why home insurance costs what it does in New Orleans
New Orleans-area home insurance is priced mainly around hurricanes and flooding. Gulf hurricane exposure, storm surge, and widespread flood risk make New Orleans one of the most expensive home insurance markets in the country, and have thinned carrier availability.
The metro average hides your ZIP. A single carrier can price neighboring ZIPs very differently — coastal, wildfire, or older-home areas load high while lower-risk pockets pay less. This page is a New Orleans-level estimate; compare carriers for your exact ZIP to see where you land, and see why your rate can jump even when your carrier’s filing looks flat.
See all Louisiana home rates & carriers → · Who’s raising & cutting Louisiana home rates →
Directional estimates from public rate filings and NAIC data — not a quote. Metro figures apply a modeled New Orleans offset to the Louisiana average; your actual rate depends on dwelling amount, deductible, roof age, claims history, and exact ZIP.