Homeowners Insurance in New Orleans, LA

For a home at New Orleans's median value of $315,700, we estimate about $4,085 a year — +35% versus the Louisiana NAIC average of $3,027.

These are estimates, not quotes. Home figures are modeled from NAIC state averages, Census home values and FEMA hazard ratings for comparison only. We are not an insurance company or agency. How we estimate

Estimated homeowners insurance cost in New Orleans

Est. premium

$4,085

$340/mo · median home

Median home value

$315,700

Louisiana: $216,500

Median year built

1960

Census ACS

Owner-occupied

51.2%

of households

Hazard score

79.7

state ref. 80.1

New Orleans's estimate reflects its home values (46% higher than the state median) and FEMA's hazard profile for Orleans Parish. Many homes here are older, so roof age, wiring and plumbing updates can matter a lot at underwriting.

Natural hazard risk in New Orleans

FEMA National Risk Index — Orleans Parish
Hazard	Risk rating	Score (0–100)	Insurance impact
Hail	Relatively Moderate	92.8	Comprehensive (car); roof claims (home)
Tornado	Relatively Moderate	71.6	Comprehensive; dwelling
Hurricane	Very High	99.7	Comprehensive; wind/hurricane deductibles (home)
Inland (river) flooding	Relatively High	93.5	Comprehensive; home needs a separate flood policy
Coastal flooding	Relatively Moderate	81.2	Comprehensive; home needs a separate flood policy
Strong wind	Relatively Low	46.8	Comprehensive; dwelling
Winter weather	Relatively Moderate	84.5	Collision (icy roads); frozen pipes (home)
Wildfire	Very Low	48.1	Comprehensive; dwelling
Earthquake	Relatively Low	80.4	Home needs a separate earthquake policy
Lightning	Very High	98.7	Fire and electrical damage

Scores are national percentiles of FEMA's county risk (higher means more expected loss than most other U.S. counties).

Estimated premium by home value in New Orleans

Dwelling value	Wood frame	Brick / masonry
$200,000	$2,835	$2,610
$300,000	$3,920	$3,610
$500,000	$5,900	$5,430
$750,000	$8,165	$7,510

Home Insurance Estimator

Estimated annual premium

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Per month

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Homeowners insurance by ZIP code in New Orleans

ZIP	Median home value	Owner-occupied	Est. premium
70119	$371,000	37.2%	$4,650
70118	$465,600	48.5%	$5,575
70122	$283,900	59.5%	$3,750
70115	$643,100	54.3%	$7,220
70126	$191,600	54.2%	$2,740
70117	$260,000	52.2%	$3,495
70131	$237,700	65.4%	$3,255
70127	$204,700	47.0%	$2,890
70128	$240,200	68.0%	$3,285
70114	$206,700	41.2%	$2,910
70124	$580,600	77.6%	$6,650
70125	$429,200	46.7%	$5,225
70130	$562,800	38.1%	$6,485
70116	$386,500	47.5%	$4,805
70129	$174,400	69.8%	$2,540
70113	$305,800	24.6%	$3,980
70112	$391,900	9.3%	$4,855

Homeowners insurance in Louisiana · Car insurance in New Orleans · Insurance offices near New Orleans

Frequently asked questions

How much is homeowners insurance in New Orleans?

For a home at New Orleans's median value of $315,700, we estimate about $4,085 a year for a standard HO-3 policy with a $1,000 deductible. The Louisiana NAIC average is $3,027.

What are the biggest natural hazards in New Orleans?

FEMA's National Risk Index rates Orleans Parish relatively high or very high for hurricane, inland (river) flooding, and lightning.

Does the age of homes in New Orleans affect insurance?

Yes. The median home in New Orleans was built in 1960 (Census ACS). Older roofs, wiring and plumbing can raise premiums or require inspections, while updates often earn discounts.

How we estimate this

We start from the NAIC average homeowners (HO-3) premium for Louisiana, scale it by the ratio of the dwelling value to the state median home value, adjust for construction type and deductible, and apply a hazard factor from FEMA National Risk Index scores for Orleans Parish relative to the state. Results are rounded estimates, not quotes. Read the full methodology.

Sources used on this page