Home Insurance in Terrebonne Parish, Louisiana
Homes in Terrebonne Parish carry a median value of $187,200 - 14% lower than the Louisiana median.
The typical home in Terrebonne Parish was built around 1983. About 16% of homes were built before 1960, about 2 points below Louisiana's 18%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
In Terrebonne Parish, the housing stock is 73% single-family homes, 9% apartments in buildings with 5+ units and 15% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
About 49% of owner-occupied homes in Terrebonne Parish have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Terrebonne Parish has an owner-occupancy rate of 75% and a vacancy rate of 11%; unoccupied homes typically need a different coverage form.
In Terrebonne Parish, 65% of homes are primarily heated with electricity.
FEMA's National Risk Index lists hurricane (Very High), coastal flooding (Relatively High) and tornado (Relatively High) as the leading hazards for Terrebonne Parish.
As of September 2026, Terrebonne Parish has 11,638 active NFIP flood insurance policies. Standard homeowners insurance does not cover flood damage, so flood coverage needs a separate NFIP or private flood policy.
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 | $187,200 |
|---|---|
| Median year built | 1983 |
| Owner-occupied share | 75% |
| Share of owner-occupied homes with a mortgage | 49% |
| Top hazards (FEMA National Risk Index) | Hurricane (Very High), Coastal Flooding (Relatively High), Tornado (Relatively High) |
| Active NFIP flood policies (county) | 11,638 |
| Home insurance premium | $3,027 - statewide average (NAIC, 2023 data) |
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)