Home Insurance in Covington, Louisiana
With a median home value of $295,100, Covington is close to the St. Tammany Parish median.
The typical home in Covington was built around 1991. About 13% of homes were built before 1960, about 9 points above St. Tammany Parish's 4%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.
Housing in Covington breaks down to 82% single-family homes, 10% apartments in buildings with 5+ units and 2% mobile or manufactured homes.
61% of owner-occupied homes in Covington carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Covington has an owner-occupancy rate of 70% and a vacancy rate of 5%; unoccupied homes typically need a different coverage form.
49% of homes in Covington are primarily heated with natural gas.
St. Tammany Parish's top FEMA-rated hazard is hurricane (Very High), per FEMA's National Risk Index. St. Tammany Parish had 40,207 active NFIP flood policies as of September 2026. See the full St. Tammany Parish home insurance overview for all FEMA hazard ratings and flood coverage details.
The statewide average premium for a standard HO-3 homeowners policy in Louisiana is $3,027 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $295,100 |
|---|---|
| Median year built | 1991 |
| Owner-occupied share | 70% |
| Share of owner-occupied homes with a mortgage | 61% |
| Top county hazard | Hurricane (Very High) |
| Active NFIP policies in St. Tammany Parish | 40,207 |
| 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)