Flood Insurance
Flood Insurance Rates in Louisiana
Why Choose Mav Insurance Agency?
Competitive Rates: We work with a network of reputable insurance carriers to offer you affordable flood insurance in Louisiana.
5 Star Service: We offer exceptional service with our 5-star customer experience and have received over a dozen “5-star” reviews on Google. With low down payments, flexible payment plans, and same day coverages, we ensure that getting the best flood insurance is convenient and hassle-free.
Understanding Flood Insurance Rates in Louisiana
The following factors typically determine flood insurance rates in Louisiana:
Flood Zone: Properties located in high-risk flood zones, such as Special Flood Hazard Areas (SFHAs), may incur higher insurance rates due to the elevated likelihood of flooding.
Elevation: The elevation of a property in relation to the base flood elevation (BFE) can impact flood insurance rates. Properties built at higher elevations or with flood mitigation measures may qualify for lower rates.
Building Construction: The construction materials, design, and compliance with floodplain management ordinances can influence flood insurance rates. Buildings constructed to be more flood-resistant may be eligible for lower premiums.
Deductible and Coverage Limits: The deductible amount selected by the property owner and the chosen coverage limits can directly impact flood insurance rates.
It's important to note that flood insurance rates are also impacted by federal regulations and guidelines, as well as the National Flood Insurance Program (NFIP) requirements. For personalized information on flood insurance rates in Louisiana, property owners should consult with a qualified insurance agent or broker.