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What is the average cost of flood insurance for my home in New Orleans?

I want to buy a home in New Orleans, and I'm seeing some crazy prices for flood insurance. What's the average cost of this insurance in New Orleans?

avatar
Eric Schad · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
“The average cost of flood insurance throughout Louisiana is $726 due to rainfall averages of 60 inches. The occurrence of hurricanes can also impact flood insurance rates.
However, the figures specifically for New Orleans have yet to be compiled and will vary depending on your insurance provider.
If you can pair your flood insurance and home insurance with
car insurance
, you stand to save money off one of the most expensive states for flood insurance and home insurance in general.
If you’re looking for home and car insurance, use
Jerry
. A licensed broker that offers end-to-end support, the free Jerry app gathers affordable quotes, helps you switch plans, and even cancels your old policy for you.”
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