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Flood insurance cost · ZIP 70506 · LA

Flood insurance cost in ZIP 70506 (Lafayette, LA)

What homeowners with a National Flood Insurance Program policy actually pay, from FEMA's records of 2,824 home policies in force on August 31, 2026.

ZIP code 70506 (Lafayette, LA)Policies in force on Aug 31, 2026

Median annual cost of NFIP flood insurance for a home

$942a year

Half of insured homes paid between $749 and $1,142. That is 9% less than the Lafayette Parish median ($1,031). The most common flood zone for insured homes here is zone AE (37%).

$0$749 · $942 · $1,142$1,428
+5.4% vs Aug 31, 2025 (median $894)
2,824home policies in force
$967average cost (mean)
66%of insured homes in high-risk zones (A, V)
$220,000median building coverage

This is what policyholders paid, not a quote. Two neighbors can pay very different prices: NFIP prices depend on the building (elevation, foundation, number of floors, replacement cost), the coverage and deductible chosen and the distance to water (FEMA FloodSmart: premium factors). For a price for your building, ask an insurance agent. Private flood insurance is not included in these figures.

Cost by flood zone in ZIP code 70506

The flood zone on FEMA's map is one of the main price factors. Median and middle half of what insured homes paid, by the zone used to rate the policy.

Flood zoneMedianMiddle half (25th–75th percentile)AveragePoliciesvs last year
Zone AE
High risk		$958$770–$1,160$1,0041,046 (37%)+7.4%
Zone A
High risk		$756$633–$891$782813 (29%)+3.6%
Zone AH
High risk, shallow		$1,090$826–$1,240$1,14412 (0%)+9.0%
Zone X
Moderate to low risk		$1,084$940–$1,248$1,082953 (34%)+16.2%

Not shown (fewer than 10 home policies): VE, AO, A99/AR, D. Shares are of all insured homes; a few policies have no rated zone. "vs last year" compares medians with policies in force a year earlier.

Cost by type of building

All NFIP policies in force in ZIP code 70506, by what they insure.

Type of buildingPoliciesMedianAverage
Single-family home2,739$950$975
2–4 unit building32$877$910
Manufactured (mobile) home22$827$822
Condo or apartment unit31$476$486
Whole residential building (5+ units or condo association)
One policy covers the whole building, so the cost is much higher than for a single home.		47$1,845$1,943
Non-residential building or unit
Businesses, churches, farm buildings and other non-residential property.		227$1,667$1,891
3,098NFIP policies in force, any building
3,098insured units (condo association policies count every unit)
73%of home policies also cover contents
$80,000median contents coverage, when bought

One year on: ZIP code 70506

Policies in force on August 31, 2026 compared with a year earlier. Nationwide, practically all policies in both years carry FEMA's Risk Rating 2.0 occupancy codes, so both years use the same pricing system. The policies are not the same: some were new, some lapsed.

Aug 31, 2025Aug 31, 2026Change
Home policies in force2,9952,824−5.7%
Median annual cost$894$942+5.4%
Average annual cost$904$967+7.0%
All policies in force (any building)3,2793,098−5.5%

Flood claims history

Since 1978, NFIP policyholders in ZIP 70506 have filed 1,179 flood claims. 969 received a payment, for a total of $42.5 million (an average of $43,835 per paid claim). The year with the most claims was 2016 (547 claims). Amounts are in dollars of the time, not adjusted for inflation.

02004006008001979: 16 claims, 14 paid, $25,159 in total1980: 115 claims, 106 paid, $639,299 in total198019801982: 22 claims, 14 paid, $25,521 in total1989: 22 claims, 18 paid, $122,576 in total19901991: 23 claims, 19 paid, $40,151 in total1993: 138 claims, 116 paid, $1,085,810 in total19931995: 36 claims, 30 paid, $159,560 in total1998: 18 claims, 16 paid, $67,974 in total20002002: 19 claims, 11 paid, $69,423 in total2005: 24 claims20102016: 547 claims, 498 paid, $35,967,589 in total20162017: 11 claims2019: 33 claims, 25 paid, $1,351,452 in total2020: 13 claims20202021: 30 claims, 23 paid, $942,950 in total2024: 16 claims, 14 paid, $755,596 in total
Flood claims per year of loss, 1978–2026. Years with fewer than 10 claims are left blank. Hover a bar for details.
All years with at least 10 claims (16)

Swipe the table sideways to see all columns.

Year of lossClaimsPaid claimsTotal paidAverage per paid claim
20241614$755,596$53,971
20213023$942,950$40,998
202013<10––
20193325$1,351,452$54,058
201711<10––
2016547498$35,967,589$72,224
200524<10––
20021911$69,423$6,311
19981816$67,974$4,248
19953630$159,560$5,319
1993138116$1,085,810$9,360
19912319$40,151$2,113
19892218$122,576$6,810
19822214$25,521$1,823
1980115106$639,299$6,031
19791614$25,159$1,797

From 2016 to 2026: 650 claims (counting only years with at least 10). 2026 is a partial year. Claims are counted where the insured property is; they include buildings and contents, homes and businesses.

NFIP communities in this ZIP code

Lafayette (1,897 home policies) · Lafayette City- Parish Consolidated Government (690 home policies) · Scott (234 home policies). A ZIP code can cross city and county lines; each policy is counted once, in the ZIP code reported for the insured building.