How much is renters insurance in Louisiana? It's one of the first questions people ask us after signing a lease, and there's a real answer. Louisiana renters paid an average of $250 a year in 2023, about $21 a month, according to the National Association of Insurance Commissioners (NAIC). That's the most recent official number. Day to day, most renters quotes in Louisiana land somewhere between $15 and $30 a month.
Your own price depends on where you live, how much you own, and a few choices you make on the policy. We write renters insurance all over the state, from apartments near LSU to rental houses in Shreveport. Here's what the numbers show, why Louisiana runs higher than most of the country, and how to keep your premium low without leaving gaps.
The Short Answer
There are two numbers worth knowing.
The official average is $250 a year. That's what Louisiana renters actually paid, on average, for a standard renters policy in 2023. It comes from the NAIC's latest homeowners and renters premium report, published in July 2026, and it works out to about $21 a month. The national average was $173 a year, or about $14 a month.
The everyday range is $15 to $30 a month. That's about $180 to $360 a year, and it's where most renters quotes fall when people shop today.
The two fit together, but they measure different things. The NAIC figure averages every renters policy in the state, with all kinds of coverage amounts, deductibles, and addresses mixed in. It isn't a quote for a set amount of coverage, and it reflects 2023 prices. Your number will be different, and a quote at your address is the only way to know it.
For that money, a standard renters policy covers three main things: your belongings, your liability if someone is hurt at your place, and extra living costs if a covered loss forces you out while repairs happen.
Why Renters Insurance Costs More in Louisiana
Louisiana sits near the top of the country for renters insurance prices. Here's how the NAIC's 2023 averages compare.
| State | Average yearly premium, 2023 | About per month |
|---|---|---|
| Mississippi | $263 | $22 |
| Louisiana | $250 | $21 |
| Oklahoma | $220 | $18 |
| U.S. average | $173 | $14 |
Only Mississippi averaged more. Louisiana's average was also up from $243 in the NAIC's 2022 data.
The gap holds even when you compare the same amount of coverage. In the same NAIC report, a Louisiana renter with $20,000 to $24,999 in coverage paid an average of $234 in 2023. Nationally, the same coverage averaged $156.
Storms are a big reason Louisiana renters pay more. A renters policy pays when wind or hail damages your belongings, and Louisiana gets plenty of both. The NAIC's report lists catastrophe exposure, including hurricanes along the southeastern coast, among the factors behind the big differences in prices from state to state.
Lawsuits are another. Louisiana has historically been one of the most litigious states in the country for insurance claims, and part of every renters premium pays for liability coverage. Then there's the block you live on. Theft and claims history vary from one neighborhood to the next, and carriers price for that.
You can't do much about hurricanes. You can control the choices on your policy, and that's where your price really moves.
What Louisiana Renters Paid, by Coverage Amount
The NAIC also breaks the averages down by how much coverage each policy carried, which for a renters policy means the limit on your belongings. Here are Louisiana's 2023 numbers next to the national ones.
| Amount of coverage | Louisiana, per year | Louisiana, about per month | U.S., per year |
|---|---|---|---|
| Under $10,000 | $158 | $13 | $115 |
| $10,000 to $14,999 | $189 | $16 | $140 |
| $15,000 to $19,999 | $237 | $20 | $148 |
| $20,000 to $24,999 | $234 | $20 | $156 |
| $25,000 to $29,999 | $236 | $20 | $164 |
| $30,000 to $34,999 | $294 | $25 | $185 |
| $35,000 to $39,999 | $299 | $25 | $181 |
| $40,000 to $49,999 | $338 | $28 | $204 |
| $50,000 to $59,999 | $310 | $26 | $205 |
Source: NAIC, Data for 2023 report, Table 5, renters (HO-4) policies.
Read it as a rough guide, not a price list. Each row averages real policies with different deductibles, liability limits, and addresses, which is why the numbers don't climb in a perfectly straight line.
In Louisiana, policies with anywhere from $15,000 to just under $30,000 of coverage averaged about the same, roughly $235 a year. That's a good reason not to shave your belongings limit to save a couple of dollars.
Still researching?
Learn About Renters Insurance
What Changes Your Price
Every carrier prices a little differently, but these are the choices and details that matter most.
Where you live. Your city, parish, and ZIP code all feed into the price. Carriers look at local theft and claims history, storm exposure, and the age and construction of the building. A renter in Lake Charles or Houma can see a different price than one in Shreveport or Monroe for the same coverage, and two apartments a few miles apart in Baton Rouge or New Orleans can price differently too.
How much you insure. More personal property coverage costs more, though as the table above shows, not always by much.
Your deductible. Most renters choose $500 or $1,000. A higher deductible lowers the premium. Just pick an amount you could pay tomorrow without scrambling.
Replacement cost or actual cash value. Actual cash value pays what your stuff is worth today, after depreciation. Replacement cost pays what it takes to buy it new. The Insurance Information Institute says replacement cost coverage runs about 10% more. On a policy around $21 a month, that's roughly $2, and for most renters we think it's worth it. A five-year-old couch is worth very little on paper, and that's what an actual cash value policy pays.
Your liability limit. Most policies start at $100,000. Moving up to $300,000 usually costs a couple of dollars a month, and some apartment complexes require the higher limit in the lease.
Claims history. Recent claims can raise your price.
Credit. Louisiana allows carriers to use credit-based insurance scores, so stronger credit usually means a lower premium.
Safety features. Deadbolts, smoke detectors, and a security system can earn a discount with many carriers.
Bundling. Pairing renters with your car insurance is usually the easiest way to save. More on that below.
What You Get for the Money
Renters insurance is cheap compared with what it protects. Here's what's in a standard policy.
Your belongings. Furniture, clothes, electronics, kitchen gear, bikes. Walk through your place and add up what it would cost to replace everything. Many renters are surprised to land somewhere between $15,000 and $30,000. Coverage typically includes theft, fire, smoke, windstorm, and water from a burst pipe, and it follows your stuff away from home. A laptop stolen out of your car can be covered.
Liability. If a guest slips on your kitchen floor or your dog bites a visitor, liability coverage can pay their medical bills and your legal defense. Your landlord's policy covers the building, not your stuff or your liability, so this part is on you. Our guide to landlord insurance in Louisiana explains what the owner's policy does cover.
Additional living expenses. If a fire or a burst pipe makes your apartment unlivable, the policy can pay for a hotel, meals, and other extra costs while repairs happen.
For the full breakdown, including the gaps, read what renters insurance covers. Helping a college student move in? We wrote a separate guide to renters insurance for LSU students. And if you're still deciding whether to buy a policy at all, here's why renters insurance is worth it, even when the lease doesn't require it.
How to Pay Less Without Cutting Corners
Bundle it with your car insurance. Carrying renters and auto with the same carrier often earns a multi-policy discount of 5% to 15%, and the discount on the car side can be bigger than the whole cost of the renters policy. For some people, adding renters insurance barely changes their total bill. Sometimes it goes down. We can look at renters and auto insurance together and show you both ways side by side. Our guide to bundling insurance in Louisiana walks through how the discount works.
Pick a deductible you can live with. Going from $500 to $1,000 can trim the premium. Keep that amount set aside.
Ask about discounts. Smoke detectors, deadbolts, and a security system can each help. Not every carrier offers every discount, so it's worth asking.
Don't cut the wrong corners. Dropping replacement cost or lowering liability to save a dollar or two a month usually isn't worth it. Those are the parts of the policy you'll care about most after a bad day.
Compare carriers. Prices for the same coverage can vary a lot from one company to the next. As an independent agency, we can compare renters insurance from several carriers and lay the options out side by side. You decide what fits.
Flood Isn't Included
Renters insurance doesn't cover flood damage. Not from a hurricane's storm surge, and not from an afternoon downpour that overwhelms the drainage on your street. If you want your belongings covered for flooding, you'll need a separate flood policy. Renters can buy contents-only flood coverage through the NFIP or a private carrier.
A complex outside the high-risk zone isn't the same as a complex that won't flood. According to FEMA's Answers to Questions About the NFIP, roughly 40% of NFIP flood claims come from outside high-risk zones. If you're in a ground-floor unit, it's worth a real conversation. Our guide on whether you need flood insurance in Louisiana walks through the decision, and our page on flood insurance for renters covers your options.
What We See When Renters Call
The price question often turns into a coverage question. Someone shows us a quote that looks cheap, and when we look closer it pays actual cash value or carries a deductible they'd struggle to cover. A few dollars a month often fixes both.
The other thing we see is people pricing renters insurance by itself and stopping there. If you have a car, tell us who insures it. Running renters and auto together is often where the math works in your favor.
Get Your Number
The averages are a good starting point, but your price depends on your address and the choices above. The fastest way to get it is a quick call. Call (225) 395-4000 for a quote in minutes, Monday through Friday, 9 to 5. Prefer not to call? Request a quote online and we'll follow up. Either way, have your address handy, and if you own a car, tell us who insures it so we can look at renters and auto together.
Frequently Asked Questions
Louisiana renters paid an average of $250 a year in 2023, about $21 a month, according to the most recent data from the National Association of Insurance Commissioners (NAIC). The national average was $173. Most renters quotes in Louisiana today land between $15 and $30 a month. Your price depends on your address, how much coverage you choose, your deductible, and whether you bundle with auto insurance.
Storms, liability costs, and local theft and claims history all play a part. The gap holds even at the same amount of coverage. In the NAIC's 2023 data, Louisiana renters with $20,000 to $24,999 in coverage paid an average of $234 a year, compared with $156 nationally.
No. Flood damage needs a separate policy. Renters can buy contents-only flood coverage through the NFIP or a private carrier. According to FEMA, roughly 40% of NFIP flood claims come from outside high-risk zones, so a lower-risk address doesn't mean no risk.
Yes. Carrying both with the same carrier often earns a multi-policy discount of 5% to 15%, and the savings on the car policy can be bigger than the cost of the renters policy. We can quote renters and auto together so you can see both options side by side.
Walk through your place room by room and add up what it would cost to replace everything. Many renters land between $15,000 and $30,000. Pick a limit that matches what you own, and ask for replacement cost coverage so a claim pays for new items instead of their depreciated value.
Not by state law. Many leases require it, though, and landlords often ask for proof of coverage before move-in, sometimes with a minimum liability limit. Even when the lease doesn't require it, it's an inexpensive way to protect your belongings and your savings.
