Louisiana has third-highest homeowner premiums

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Louisiana has the third most expensive homeowners insurance in the United States, according to an initial assessment of post-Katrina premiums rates by the National Association of Insurance Commissioners. Louisiana homeowners on average paid $1,257 in 2006, immediately after Katrina. The increase was nearly 10% more than that of 2005 and the biggest hike in the country. Texas had the highest property insurance in the country in 2006, with homeowners paying an average of $1,409, a 2.7% increase from 2005. Florida came in second, with premiums of $1,386 on average. Florida premiums rose 28% from 2005-06.

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