Home Insurance in Montgomery, Louisiana
Homes in Montgomery carry a median value of $78,100 - 45% lower than the Grant Parish median.
Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. The typical home in Montgomery was built around 1981. About 25% of homes were built before 1960, about 9 points above Grant Parish's 16%.
The housing stock in Montgomery is 49% single-family homes, 1% apartments in buildings with 5+ units and 47% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
35% of owner-occupied homes in Montgomery carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Montgomery has an owner-occupancy rate of 73% and a vacancy rate of 21%; unoccupied homes typically need a different coverage form.
Most homes in Montgomery - 74% - are primarily heated with electricity. Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
FEMA rates Grant Parish's overall risk as Very Low, led by hurricane (Relatively Low). Grant Parish had 165 active NFIP flood policies as of September 2026. See the full Grant Parish home insurance overview for all FEMA hazard ratings and flood coverage details.
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 | $78,100 |
|---|---|
| Median year built | 1981 |
| Owner-occupied share | 73% |
| Share of owner-occupied homes with a mortgage | 35% |
| Top county hazard | Hurricane (Relatively Low) |
| Active NFIP policies in Grant Parish | 165 |
| Home insurance premium | $3,027 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- 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)