Louisiana Insurance Requirements & Rates

Louisiana requires minimum liability coverage of 15/30/25 (bodily injury per person / per accident / property damage). Louisiana is an at-fault state, meaning the driver who caused the accident is responsible for paying damages. Uninsured motorist coverage is not required but recommended.

Louisiana homeowners face risks from hurricanes, flooding, tropical storms, tornadoes. The flood risk level is high and earthquake risk is low. Named storm deductible commonly 2-5% of dwelling coverage. The average annual home insurance premium is $7,015.

Louisiana requires all motorcycle riders to wear helmets. Lane splitting is not legal. The riding season is year-round.

Yes, workers' compensation insurance is required in Louisiana. Sole proprietors and partners may opt out. Louisiana has approximately 450,000 small businesses, with top industries including Oil & Gas, Tourism & Hospitality, Shipping & Maritime.

Yes, Louisiana has expanded Medicaid. The state uses the federal marketplace at healthcare.gov. The uninsured rate is 8%.

Yes, landlords in Louisiana can require tenants to carry renters insurance as a condition of the lease. About 37% of Louisiana residents are renters, with average monthly rent of $925.

With a median household income of $52,295, most Louisiana families should consider 10-12x their annual income in life insurance coverage. Louisiana has below-average life expectancy, making adequate coverage especially important. Currently, 44% of Louisiana households have life insurance.