Louisiana Tackles Homeowners 'Crisis' 
If you are looking to purchase homeowners insurance, Louisiana is probably one of the last places you would want to be.
At $714, the Bayou State's average homeowners premium is the second-highest in the country behind Texas, and nearly 50 percent higher than the national average of $487, according to figures from the National Association of Insurance Commissioners. Further, carriers have also been leaving the state in droves, with the number of companies actively writing homeowners insurance in the state dwindling to below 20 from more than 100 during the past decade.
But there are efforts now under way to turn the tide, with new legislation in the works and local business groups joining forces to lobby state lawmakers.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
