The New Orleans suburb of Metairie is situated between Lake Pontchartrain and the Mississippi River. This location means the 143,507 residents who call Metairie home face yearly hurricane risk on top of the usual perils like theft and fire. For the suburb’s approximately 59,000 households, protection against these risks starts with the right Louisiana homeowners insurance.
Metairie homeowners insurance cost & competitor comparison
Metairie homeowners have more risks than many other Louisianians, which makes their home insurance pricey. The average homeowner pays $2,684 per year.
A number of factors come into play when determining premiums for home insurance in Metairie, LA. Location is clearly important, but so is your home’s age. Newer homes are built to new building codes that help protect it from loss. This makes them less risky to insure so insurance companies usually offer them better rates.
Kin* looks at many of the factors that other home insurance companies do, but we take it a step further. We look at thousands of data points to determine premium, which often means we can price our policies more accurately.
What Metairie Homeowners insurance covers
Home insurance in Metairie, LA provides financial protection from loss by covering the costs you may incur from certain perils, such as fire, theft, burst pipes, and windstorm. Policies from Kin have six coverages that respond to different types of loss you have:
Our home insurance policies cover wind damage. For named storms, like hurricanes, a separate hurricane deductible applies to any wind damage. However, water damage caused by a hurricane is typically excluded and requires a separate flood insurance policy.
Metairie unique risks
Metairie sits in the path of many storms that sweep through the Gulf of Mexico. While many veer east as they move across the region, hurricanes have caused damage in the area. The most notable of these is Hurricane Betsy that caused extensive wind damage in Metairie in 1965. In 2020, Hurricane Zeta caused power outages for 80 percent of Jefferson Parish where Metairie is located.
The town’s proximity to water and low elevation means Metairie has a history of flooding even when there isn’t a hurricane. In 1995, 20 inches of rain fell within a 12-hour period leading to significant flooding in the southern and western portions of the city.
Tips for lowering Metairie homeowners insurance costs
Insurance in Louisiana is expensive and Metairie is a prime example of this. But homeowners may get a discount for:
You might also want to increase the deductible on your home insurance, but only if you’re sure you have the resources to pay your portion of a claim. We offer policies with the following hurricane and AOP deductibles:
- Or 1%, 2%, 3%, 4%, 5%, or 10% of Coverage A
Enter your address or give us a call at 855-7171-0022 if you’d like a quote or have any questions about getting home insurance in Metairie.
*Kin is Kin Insurance Network Distributor, LLC, a licensed surplus lines producer.