How Much Does Renters Insurance Cost in Louisiana?
Louisiana pricing is below the national average. Updated for 2024.
Renters Insurance Pricing in Louisiana
In Louisiana, the average cost for renters insurance is $16 per month, which is 13% lower than the national average of $18. Most Louisiana residents pay between $9 and $30.
Louisiana benefits from a lower cost of living than many states, resulting in more affordable pricing for renters insurance. This makes it one of the more budget-friendly states for this service.
Renters insurance protects your personal belongings from theft, fire, and other covered events. It also provides liability coverage and additional living expenses if your rental becomes uninhabitable.
Louisiana vs National Average
What Affects Renters Insurance Cost in Louisiana?
Coverage
$20K personal property: $12-$20/mo. $50K: $18-$30/mo. $100K: $25-$45/mo
Location
Low-crime area: $10-$20/mo. High-crime urban: $20-$40/mo
💡 Tips to Save on Renters Insurance in Louisiana
- 1.Bundle with auto insurance for 10-20% discount
- 2.Raise your deductible to $1,000 to lower premiums
- 3.Most people overestimate coverage needs — inventory your belongings first
- 4.Security features (deadbolts, alarms) can earn discounts
Frequently Asked Questions
Is renters insurance worth it?
At $15-25/month, it's one of the best insurance values. A single theft or fire could cost thousands to replace your belongings.