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Flood insurance cost · ZIP 70508 · LA

Flood insurance cost in ZIP 70508 (Lafayette, LA)

What homeowners with a National Flood Insurance Program policy actually pay, from FEMA's records of 3,396 home policies in force on August 31, 2026.

ZIP code 70508 (Lafayette, LA)Policies in force on Aug 31, 2026

Median annual cost of NFIP flood insurance for a home

$1,086a year

Half of insured homes paid between $948 and $1,259. That is 5% more than the Lafayette Parish median ($1,031). Most insured homes here are rated in zone X (63%).

$0$948 · $1,086 · $1,259$1,574
+12.2% vs Aug 31, 2025 (median $968)
3,396home policies in force
$1,108average cost (mean)
37%of insured homes in high-risk zones (A, V)
$250,000median 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 70508

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		$1,155$1,011–$1,309$1,200800 (24%)+16.2%
Zone A
High risk		$1,062$884–$1,159$1,051447 (13%)+11.8%
Zone X
Moderate to low risk		$1,084$943–$1,258$1,0852,149 (63%)+16.3%

Not shown (fewer than 10 home policies): VE, AO, AH, 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 70508, by what they insure.

Type of buildingPoliciesMedianAverage
Single-family home3,345$1,086$1,113
2–4 unit building11$1,025$1,095
Manufactured (mobile) home12$921$867
Condo or apartment unit28$496$533
Non-residential building or unit
Businesses, churches, farm buildings and other non-residential property.		230$1,940$2,445

Not shown (fewer than 10 policies): whole residential building (5+ units or condo association).

3,634NFIP policies in force, any building
3,637insured units (condo association policies count every unit)
93%of home policies also cover contents
$100,000median contents coverage, when bought

One year on: ZIP code 70508

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 force3,6693,396−7.4%
Median annual cost$968$1,086+12.2%
Average annual cost$998$1,108+11.0%
All policies in force (any building)3,9133,634−7.1%

Flood claims history

Since 1978, NFIP policyholders in ZIP 70508 have filed 1,199 flood claims. 1,048 received a payment, for a total of $82.5 million (an average of $78,724 per paid claim). The year with the most claims was 2016 (581 claims). Amounts are in dollars of the time, not adjusted for inflation.

02004006008001978: 15 claims, 14 paid, $24,863 in total1979: 32 claims, 30 paid, $111,544 in total1980: 29 claims, 24 paid, $145,881 in total19801989: 11 claims, 11 paid, $52,678 in total19901993: 75 claims, 70 paid, $1,622,673 in total19931995: 45 claims, 39 paid, $727,076 in total1999: 12 claims, 10 paid, $123,483 in total20002001: 36 claims, 28 paid, $413,653 in total2002: 17 claims, 12 paid, $73,926 in total2005: 24 claims, 14 paid, $352,913 in total2006: 20 claims, 17 paid, $233,762 in total2008: 13 claims20102016: 581 claims, 540 paid, $62,565,474 in total20162017: 38 claims, 36 paid, $1,195,871 in total2019: 21 claims, 16 paid, $1,101,984 in total2020: 14 claims20202021: 25 claims, 21 paid, $880,507 in total2025: 117 claims, 113 paid, $12,229,260 in total2025
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 (18)

Swipe the table sideways to see all columns.

Year of lossClaimsPaid claimsTotal paidAverage per paid claim
2025117113$12,229,260$108,224
20212521$880,507$41,929
202014<10––
20192116$1,101,984$68,874
20173836$1,195,871$33,219
2016581540$62,565,474$115,862
200813<10––
20062017$233,762$13,751
20052414$352,913$25,208
20021712$73,926$6,160
20013628$413,653$14,773
19991210$123,483$12,348
19954539$727,076$18,643
19937570$1,622,673$23,181
19891111$52,678$4,789
19802924$145,881$6,078
19793230$111,544$3,718
19781514$24,863$1,776

From 2016 to 2026: 796 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 (1,855 home policies) · Lafayette City- Parish Consolidated Government (1,487 home policies) · Broussard (52 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.