02/23/2026
FOR IMMEDIATE RELEASE
February 23, 2026
Louisiana Insurance Market Shows Positive Rate Trends in 2025 Following Several Years of Volatility
New market impact data from the Louisiana Department of Insurance (LDI) shows a notable positive shift in Louisiana’s 2025 insurance rate trends compared to the period from 2021 through 2024.
After several consecutive years of premium growth across most lines, overall insurance rates declined modestly in 2025. Across all lines combined, Louisiana insurance rates decreased statewide by an average of -0.4%, compared to consistent increases between 2021 and 2024. While total homeowners premiums paid in Louisiana are increasing by about $135 million for filings approved in 2025, private passenger auto policyholders are paying approximately $345 million less as a result of last year’s filings.
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Private passenger auto insurance had the most significant change in market direction largely due to a reduction in accident frequency. From 2021 through 2024, private passenger auto rates increased each year, including double-digit growth in 2022 and 2023. In 2025, Louisiana private passenger auto premiums declined by an average of -5.8%, representing a statewide premium reduction of more than $340 million as compared to last year.
“After several challenging years for Louisiana drivers, the 2025 data show meaningful signs of stabilization in the private passenger auto insurance market,” said Commissioner Temple. “We have much more work to do when it comes to making auto insurance more affordable in the long term, especially on the commercial auto side where rates are still extremely high.”
Homeowners insurance rates continued to rise in 2025, but at a significantly slower pace than in prior years. Last year was the first since 2020 in which more than three rate decreases were filed by homeowners insurers, with nine filed in 2025. Overall, homeowners insurers are filing more rate decreases and fewer, less costly rate increases than in recent years.
“Most of the reductions we’re seeing in the homeowners insurance market have been concentrated among smaller regional insurers that are experiencing reduced prices for their reinsurance coverage,” said Commissioner Temple. “I am not satisfied with where rates are today and expect the reforms we’ve made in recent years to reduce costs for all insurers, but for now I encourage policyholders to shop their homeowners policy with insurers large and small to make sure you’re benefitting from the reductions we’ve seen in the market. My priority for 2026 is to continue improving the insurance market by protecting consumers and increasing affordability and long-term availability across the state.”
Rate changes are statewide averages, so each policyholder’s rate change will vary based on their individual risk. Consumers may review all property and auto rate filings online with the Louisiana Department of Insurance’s new user-friendly rate filing search tool.
About the Louisiana Department of Insurance: The Louisiana Department of Insurance works to improve competition in the state’s insurance market while assisting individuals and businesses with the information and resources they need to be informed consumers of insurance. As a regulator, the LDI enforces the laws that provide a fair and stable marketplace and makes certain that insurers comply with the laws in place to protect policyholders. You can contact the LDI by downloading our LDIConnect mobile app on the Apple App Store or Google Play Store, calling us at 800-259-5300 or visiting www.ldi.la.gov.
