Compare Quotes from Top Providers and Save now!

The average home insurance rate in New Orleans, Louisiana, is $1,449. New Orleans homeowners can compare quotes from multiple home insurance companies to identify the cheapest one according to their coverage needs. To help New Orleans homeowners, we have curated a list of the top 5 home insurance companies in Louisiana based on market share.

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State Farm

State Farm is one of the most acclaimed home insurance companies in the U.S., occupying a market share of 26.46% in Louisiana. It has written direct premiums worth $504,556 and earned direct premiums worth $506,013. A.M. Best has awarded it with a financial strength rating of A++ for its superior financial ability in granting potential claims of current New Orleans policyholders. It holds a customer satisfaction score of 4/5 based on the feedback collected from policyholders by J.D. Power.

Allstate

Allstate is another major player in the home insurance segment, with a market share of 11.23%. The home insurance company has direct premiums written worth $214,225, and direct premiums earned worth $215,927. Allstate has the superior financial ability in granting potential claims of current New Orleans policyholders and has been awarded a rating of A+ from A.M. Best. It received a customer satisfaction score of 3/5 from J.D. Power.

Liberty Mutual

According to NAIC, Liberty Mutual holds a market share of 6.55% in Louisiana. The home insurance company has direct premiums written worth $124,850, and direct premiums earned worth $126,942. A.M. Best rated Liberty Mutual with an A for its excellent ability to grant potential claims of current policyholders. In terms of overall customer satisfaction, Liberty Mutual received a score of 3/5 from J.D. Power.

USAA

USAA offers its services exclusively to army veterans and their families. It has a dedicated and loyal customer base in Louisiana with a market share of 6.15%. It has written direct premiums worth $117,201 and earned direct premiums worth $114,017. A.M. Best has awarded it with a financial strength rating of A++ for its superior financial ability in granting potential claims of current New Orleans policyholders. It holds a customer satisfaction score of 5/5 based on the feedback collected from policyholders by J.D. Power.

Progressive

Progressive occupies a market share of 3.88% in Louisiana with direct premiums written worth $74,007 and direct premiums earned worth $72,831. It has earned a financial strength rating of A+ from A.M. Best for its superior financial ability in granting claims of current policyholders. Based on the customer feedback curated by J.D. Power, Progressive earned a customer satisfaction score of 3/5.