Homeowners Insurance Companies In Louisiana

Average cost of homeowners insurance in louisiana.
Homeowners insurance companies in louisiana. These companies have the highest market share holdings in the state s home insurance scene. We researched thousands of homeowners insurance quotes and evaluated nine of the best choices for louisiana homeowners in a range of homes and financial situations. For 200 000 dwelling coverage with a 1 000 deductible and 100 000 liability limits the average rate of 11 151 in venice zip code 70091 is the highest in the state. We reviewed the companies that were the leading writers of direct premiums in 2017 according to iii.
Here s the list of the top 5 homeowners insurance companies in louisiana. The average cost of homeowner insurance in louisiana is 2 951 which is one of the highest rates in the country as opposed to the national average of 1 211. Popular home insurers in louisiana. While most of these perils are covered by a standard homeowners policy hurricane insurance itself doesn t exist as its own product.
Power and consumer reports. A great homeowners insurance company is financially stable has dependable customer service affordable coverage flexible policy options and high quality discounts. Below is a list of companies that are popular among louisiana homeowners. In 2017 alone hurricanes caused about 500 900 million in losses in louisiana.
Our top picks for best homeowners insurance in louisiana. In the table below you can see the top five largest homeowners insurance companies in louisiana and the average cost of a homeowners insurance policy with them based on the price of your home. They ve received excellent ratings for financial backing customer happiness and fast claim processing from a m. Best for financial stability and the largest provider of homeowners insurance in louisiana state farm is a safe bet for affordable and reliable coverage.
The very best homeowners insurance companies offer an ideal mix of cheap rates useful coverage options and friendly reliable customer service. Homeowners insurance with a 2 deductible in louisiana costs an average of 2 434 per year. As a new homeowner in louisiana one of your top priorities should be finding the best home insurance for your needs. A significant history with tropical storms and flooding is likely to be the most significant contributor to the high rates.
What makes hurricanes so hazardous is the sheer amount of different perils that they bring. State farm is the best and largest homeowners insurance company in louisiana. Using those benchmarks we determined the following five companies were the best homeowners insurance companies in louisiana. Backed by an a from a m.