Protect your family's home if something happens to you. Compare top carriers and average costs for Louisiana residents.
Mortgage protection insurance ensures your family can keep their home by paying off the remaining mortgage balance if you pass away. It provides peace of mind that your loved ones won't face foreclosure during an already difficult time.
Louisiana's Department of Insurance regulates the insurance market. The state has a 10-day free-look period and specific protections for senior citizens purchasing life insurance.
Louisiana has a population of 4.6 million with a median age of 37.7. Mortgage Protection insurance is designed for homeowners with active mortgages, with coverage typically ranging from $50,000 - $500,000.
Compare rates from top mortgage protection insurance carriers.
The table below shows estimated monthly premiums for mortgage protection insurance in Louisiana. Actual rates vary based on age, health, and coverage amount.
| Coverage Amount | Est. Monthly Premium |
|---|---|
| $100,000 | From $32/mo |
| $200,000 | From $53/mo |
| $300,000 | From $75/mo |
| $500,000 | From $118/mo |
* Rates are estimates for a healthy individual. Your actual rate may vary.
These are among the most popular and highly-rated carriers offering mortgage protection insurance to Louisiana residents:
Working with an independent agent like CoverMeOnline gives you access to quotes from multiple carriers so you can find the best rate.
Compare rates from top mortgage protection insurance carriers.
Burial insurance in Louisiana typically costs between $31 and $102 per month depending on coverage amount and age. Louisiana rates tend to be slightly above the national average.
Louisiana has specific regulations to protect seniors from being sold inappropriate life insurance products. The Department of Insurance reviews complaints and enforces fair marketing practices.
Some carriers offer same-day or next-day approval for simplified issue policies in Louisiana. These no-exam policies provide quick coverage, though premiums may be higher.