New data from the Louisiana Department of Insurance (LDI) shows a positive shift in Louisiana’s insurance market in 2025 after several years of steady premium increases. Overall statewide insurance rates declined by -0.4%, marking a notable reversal from the growth seen between 2021 and 2024.
Private passenger auto premiums experienced the largest drop, falling by an average of -5.8% and saving policyholders more than $340 million statewide. This decline comes after years of double-digit increases and is largely attributed to a reduction in accident frequency. “2025 shows meaningful stabilization in the private passenger auto market,” said Commissioner Temple. “Commercial auto rates remain high, and we continue working to make all insurance more affordable.”
Homeowners insurance rates continued to rise but at a much slower pace. Nine rate decreases were filed in 2025, the first year since 2020 with more than three reductions, mostly from smaller regional insurers benefiting from lower reinsurance costs. Overall, insurers are submitting fewer and smaller rate increases than in previous years.
Commissioner Temple encourages policyholders to shop around to ensure they benefit from market reductions. Looking ahead, 2026 priorities will focus on improving affordability, protecting consumers, and maintaining long-term market stability. Consumers can review all rate filings using the LDI’s online search tool or through the LDIConnect mobile app.