New Orleans, LA Home Insurance - Analysis On Quotes, Rates & Agents

New Orleans, LA Insurance Rates:

vHome Insurance undertook a detailed analysis of the cost of insurance in different cities of the country. This analysis helped in narrowing down the list of the top home insurance providers in New Orleans, LA. The average cost of insurance in New Orleans, LA is $1449.75. The following analysis stresses the importance of comparing multiple quotes. Enter your Zip Code in the banner below to get instant home insurance quotes.

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Average Home Insurance Premium in New Orleans, LA

National Average Premium State Average Premium New Orleans Average Premium
$1,438 $1,666 $1,449.75

Top Home Insurance Companies in New Orleans, LA | Back to Top

The following is a list of home insurance companies that provide the best home insurance quotes in New Orleans, LA.

Company Name Coverage $70,000 Coverage $150,000 Coverage $200,000 Coverage $350,000
Safeco Insurance $3,236 $4,320 $5,092 $5,160
Maison Insurance Company $2,706 $3,088 $3,304 $4,120
Family Security Insurance Company $3,063 $3,925 $4,050 $3,155
Garrison P&C Insurance Company $1,962 $2,292 $2,810 $3,289
Asi Lloyds $3,500 $4,508 $4,775 $3,121

New Orleans, LA Homeowners Insurance for Different Coverages | Back to Top

Coverage Type Home Insurance Cost($)
$100,000 To $124,999 654.61
$150,000 To $174,999 1,009.28
$175,000 To $199,999 1,194.25
$200,000 To $249,999 1,369.87
$250,000 To $299,999 2,210.6
$300,000 To $399,999 2,917.99
$400,000 To $499,999 3,555.25
$500,000 To $749,999 4,550.72
$750,000 To $999,999 5,261.77
$1000,000 To $1499,999 5,795.05
$1500,000 To $2000,000 6,221.68

Visual Guide for New Orleans, LA Home Insurance Buyers on Insurance Companies and Rates

Top Home Insurance Agents Near New Orleans, LA | Back to Top

Home Insurance Company Near New Orleans, LA Homeowners Insurance Agency Near New Orleans, LA Address
Liberty Mutual Independent Dave Millet Ins Agcy Hammond 902 C M FAGAN DR STE E, HAMMOND, LA, 70403
State Farm Kelly Cannon 137 Highway 90, Waveland, MS, 39576-2618
State Farm Ollie Bailey 300 Davis Avenue, Pass Christian, MS, 39571

List of New Orleans, LA Home Insurance Agents by Companies

New Orleans, LA Homeowners Insurance Rates Based on Claims Filed | Back to Top

A discount of $202.96 on the home insurance premium is offered to New Orleans, LA homeowners who have no previous history of claims filed, New Orleans, LA homeowners with one claim have to file an additional home insurance rate of $87, while New Orleans, LA homeowners with 2 claims have to pay $188 more for their home insurance premium.

Type of Claim Homeowners Insurance Cost Increase/Decrease($) Homeowners Insurance Cost($)
No Claim Discount -203 1,247
One Claim +87 1,537
Two Claim +188 1,638

New Orleans, LA Homeowners Insurance by Zip Code | Back to Top

Zip Code Median Home Value($) Home Insurance Cost($)
70124 323,400 1,470
70115 297,500 1,363
70130 291,300 1,363
70118 268,200 1,392
70125 247,700 1,406
70112 242,500 1,469
70116 224,000 1,406
70119 189,600 1,406
70131 171,600 1,348
70122 162,500 1,392
70128 159,700 1,470
70113 156,800 1,363
70127 154,700 1,363
70126 149,600 1,392
70114 135,000 1,370
70129 135,000 1,363
70117 132,500 1,392

Factors Affecting Home Insurance Premiums in New Orleans, LA

New Orleans, LA homeowners pay an average home insurance premium of $1449.75. Homeowners in New Orleans, LA can lower their home insurance premiums by considering various factors. vHomeInsurance lists the factors that could help homeowners reduce their home insurance premiums.

New Orleans, LA Home Insurance Premium Based on the Number of Bedrooms | Back to Top

Bedroom Size Average Homeowners Insurance Cost($)
2 Bedroom 650
3 Bedroom 1,788
4 Bedroom 2,600
5 Bedroom 3,657

New Orleans, LA Home Insurance Premiums for Different Deductibles | Back to Top

New Orleans, LA Homeowners with a deductible of $500 pay a higher amount for home insurance, while New Orleans, LA homeowners who pay a deductible of $2500 pay a lower amount on their home insurance, as seen in the table below.

Deductible Type Average Homeowners Insurance Cost($)
$500 Deductible 1,432
$1000 Deductible 1,296
$1500 Deductible 1,220
$2000 Deductible 1,107
$2500 Deductible 1,041

New Orleans, LA Homeowners Insurance Premium Based on the Age of the Home | Back to Top

Homeowners in New Orleans, LA pay a much lower home insurance rate if their homes are newly constructed. Homeowners with homes that are older than 50 years pay a much higher rate on their home insurance premium as seen in the table below.

Home Age Homeowners Insurance Cost($)
Newly Constructed Home 1,073
Year 30 Old 1,472
Year 40 Old 1,487
Year 50 Old 1,505
Above Year 50 1,519

New Orleans, LA Homeowners Insurance Cost Based on the Construction Type of the Home | Back to Top

Construction Type Home Insurance Cost Savings($) Home Insurance Cost($)
Fire Resistive 174 1,276
Masonry 72 1,377
Brick 72 1,377
Superior 145 1,305
Hail Resistant Roof 43 1,406

Top Saving Tips on New Orleans, LA Homeowners Insurance | Back to Top

New Orleans, LA Homeowners can earn discounts on homeowners insurance based on the construction type of their home. Homes that are built using damage-resistant materials are considered a safe bet for home insurance companies. New Orleans, LA Homeowners can also choose to bundle their home and auto insurance policies to further reduce their home insurance premium. Apart from this, senior citizens also receive substantial discounts from home insurance companies. Homes equipped with home security devices are less prone to burglaries. As a result, New Orleans, LA homeowners receive attractive discounts from home insurance companies.

The tables below contain the complete list of discounts that New Orleans, LA homeowners can take advantage of to increase their savings.

New Orleans, LA Auto & Homeowners Insurance Bundling Discounts and Senior Citizen Discounts

Discount Type Home Insurance Cost Savings($) Home Insurance Cost($)
Bundle Discount 246 1,203
Retiree Discount (Senior Citizen Discount) 203 1,653
Newly Constructed Home 377 1,073

New Orleans, LA Home Insurance Discounts for Home Safety Devices | Back to Top

Home Safety Devices Home Insurance Cost Savings($) Home Insurance Cost($)
Deadbolts 116 1,334
Fire Extinguishers 101 1,348
Smoke Detectors 116 1,334
Sprinkler System 130 1,319
Fire Alarm 87 1,363
Burglar Alarm 130 1,319
Lightning Protection 43 1,406

Latest Home Insurance Reviews

American Family
i would definetely recommend this company. good coverage, pretty good prices, well known company. easy to communicate with, via phone or going to the office. you can probably email them too
State Farm
I have always had a good experience with State Farm's customer service, both with local agents and with the national number. They are always helpful and get me the answers I need.
I use Geico for my home and auto. I love them as their customer service is always top notch. They are just like you are talking to family when you call them.
Liberty Mutual
The company tries to assist me in getting the policy I am interested in. They work together with me to get me a price I desire.
Progressive seems to offer the most aggressive price for home and auto bundles. My premiums did increase slightly after the first year but this seems to be standard with other companies I have used in the past.
Liberty Mutual
I found the customer service at Liberty Mutual to be excellent. They have always been responsive to my needs. I like that I communicate with them via phone, email, or online chat.
Farmer's Insurance
The policy offerings from Farmer's Insurance are very competitive and are offered at the best price compared to other companies. I am very pleased.
State Farm
I've never really shopped around as I've had state farm home insurance for over 20 years. I do not know what I maybe missing if anything.
I have a bundle package with my car insurance so the price is pretty reasonable. I haven't had to use the homeowners insurance for anything major yet but it is comforting to know it is there.
They have always been helpful when I call and have questions about my policy. They have always been very nice and polite.
Farmer's Insurance
Farmers Insurance offered a great medium between cost and coverage. I really like having a low deductible and coverage that really covers everything. They offer enough policies that I could choose the one that was right for me.
Customer service reps i have spoken to have been very nice and friendly and were able to provide me with what i needed.
They have always been friendly whenever I’ve called they’ve answered all my questions if I was inquired if I had any additional questions that they could help me with. I’ve never felt that I was a waste of time.
We are just now using Travelers insurance. This is oir first home and my wife boight insurance over phon3. The representative she talked to was very nice and offered most extensive coverage.
The price and quality are much better than the competition. their online payment is very easy to set up and a breeze to log in.
When i do have to ask some question, i'm usually stuck talking with someone who doesn't really know what they're doing until i get transferred to someone who does.
I like that i am able to take advantage of a multitude of discounts like having a fire extinguisher, deadbolt locks on my doors and having a smoke alarm.
State Farm
The insurance company calls me when something is wrong or doesn't seem right to them. They call promptly and never make me wait
State Farm
Whenever I have had an issue with my coverage or had to make a claim the people were always nice. They acted like they really wanted to help me and overall were just friendly people.
American Family
It's a little bit slow sometimes and the design looks outdated. It doesn't look slick and modern as you would expect a big company to have.
Their website is organized fairly well and makes it easy to use for the most part. Could use a little updating to make it look a little more modern,
I recently shopped around and found my multi-policy discount helped me get a good rate compared to AAA and Liberty Mutual.
State Farm
There isn't much but they do lack a quality website to pay bills or look at our policies and they waste too much paper.
Liberty Mutual
There is nothing I dislike about my insurance provider. I would honestly lie if I put in a bad review about this company
I am very pleased with Allstate. I have been a long time customer and I feel greatly appreciated. I feel that I can count on Allstate to take care of any issues that arise.
It is probably a bit more than other insurance companies, but I think I get what I pay for. There was a mistake earlier this year in my billing
Amica Mutual Insurance
the premium and deductible have the best coverage and best services compare to other they gave satification services to me
I like AAA for its office. It fulfills many needs besides my insurance needs. I like that I know my insurance agent's name and that he is usually available.
American Family
Overall, I like the coverage they provide. I like the ease of use of their website and when I did have to file a claim, I liked that the process went smoothly. There was no run around given and they followed through with what they said they would do.