Home Insurance in Assumption Parish, Louisiana
With a median home value of $150,300, Assumption Parish is 31% lower than the Louisiana median.
The typical home in Assumption Parish was built around 1983. About 19% of homes were built before 1960, in line with Louisiana (18%). Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
The housing stock in Assumption Parish is 64% single-family homes, 1% apartments in buildings with 5+ units and 32% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
About 34% of owner-occupied homes in Assumption Parish have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
About 85% of occupied homes in Assumption Parish are owner-occupied. The vacancy rate is 12%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
In Assumption Parish, 70% of homes are primarily heated with electricity.
The top hazards for Assumption Parish, per FEMA's National Risk Index, are hurricane (Relatively High), coastal flooding (Relatively Moderate) and tornado (Relatively Moderate).
As of September 2026, Assumption Parish has 1,023 active NFIP flood insurance policies. Standard homeowners insurance does not cover flood damage, so flood coverage needs a separate NFIP or private flood policy.
In Louisiana, the statewide average premium for a standard HO-3 homeowners policy is $3,027 per year (NAIC, 2023 data).
Key figures
| Median home value | $150,300 |
|---|---|
| Median year built | 1983 |
| Owner-occupied share | 85% |
| Share of owner-occupied homes with a mortgage | 34% |
| Top hazards (FEMA National Risk Index) | Hurricane (Relatively High), Coastal Flooding (Relatively Moderate), Tornado (Relatively Moderate) |
| Active NFIP flood policies (county) | 1,023 |
| Home insurance premium | $3,027 - statewide average (NAIC, 2023 data) |
Towns and cities
Sources
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)