Home Insurance in Broussard, Louisiana
With a median home value of $310,200, Broussard is 28% higher than the Lafayette Parish median.
The typical home in Broussard was built around 2006. About 6% of homes were built before 1960, about 4 points below Lafayette Parish's 11%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Broussard is 88% single-family homes, 7% apartments in buildings with 5+ units and 3% mobile or manufactured homes.
About 73% of owner-occupied homes in Broussard have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
About 83% of occupied homes in Broussard are owner-occupied. The vacancy rate is 11%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
76% of homes in Broussard are primarily heated with electricity.
FEMA rates Lafayette Parish's overall risk as Relatively High, led by hurricane (Very High). Lafayette Parish had 17,040 active NFIP flood policies as of September 2026. See the full Lafayette Parish home insurance overview for all FEMA hazard ratings and flood coverage details.
According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in Louisiana carries a statewide average premium of $3,027 per year.
Key figures
| Median home value | $310,200 |
|---|---|
| Median year built | 2006 |
| Owner-occupied share | 83% |
| Share of owner-occupied homes with a mortgage | 73% |
| Top county hazard | Hurricane (Very High) |
| Active NFIP policies in Lafayette Parish | 17,040 |
| 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)