Top 10 Best Cheap Homeowners Insurance Quotes We collected insurance rates based on a 1,800-square-foot sample in 27 cities in the state of Louisiana to determine which cities had the most affordable home insurance rates. We discovered that Louisiana homeowners pay an average of $ 2,911 per year for home insurance. State Farm had the most affordable rates in the state for all the insurance companies used to collect quotes. Read more about our findings below, or use our previous quote tool to start looking for affordable home insurance quotes for homeowners in your area. Top 10 Best Cheap Homeowners Insurance Quotes Cheap Homeowners Insurance Quotes Companies We collected quotes for our housing sample in 27 cities of State Farm, Liberty Mutual and Allstate. The rates of each company were averaged to determine which insurance companies had the lowest rates of home insurance in Louisiana. The following chart shows the average cost per year to ensure our sample house by company: Find the cheapest homeowners insurance quotes in your area. We collected homeowners' insurance rates in the ten most populated cities in Louisiana (excluding Bossier City, due to problems in collecting comparable budgets within the city). Our study used control variables to collect the rates and compare the home insurance costs of each city. The average cost of home insurance in the ten largest cities was $2,964 per year, which is $45 less than the state average. New Orleans, LA New Orleans is the most populous city in the state of Louisiana. The city is famous for its intercultural heritage and the annual celebration, Mardi Gras. On average, New Orleans residents pay $ 4,894 for housing insurance annually. Home insurance rates in the city are $ 1,983 more expensive than the average in Louisiana. Liberty Mutual offered a quote of $ 6,007 in New Orleans, which is almost twice the State Farm rate of $ 3,807. Allstate cited the second most affordable fee of $ 4,867 for our sample house, which is $ 1,140 cheaper than the Liberty Mutual rate. New Orleans had the most expensive average rate for homeowners insurance in the 27 cities of our study. Baton Rouge, the capital of Louisiana, is the second largest city in the state. Since the European establishment in the United States, the city has been governed by seven different entities: France, England, Louisiana, Spain, the Republic of Florida, the Confederate States and the United States. The average home insurance quote for our sample home in Baton Rouge was $ 2,402, which is 17% more affordable than the state average. Unlike New Orleans, Liberty Mutual quoted the cheapest home insurance rate in the area at $ 2,268. State Farm offered the second least expensive housing insurance quote at $ 2,444, which is $ 49 less expensive than the Allstates quote of $ 2,493. Baton Rouge ranked as the fourth most affordable city for home insurance in one of the ten most populated cities of our study. Shreveport, LA Shreveport is the third most populated city in Louisiana. It runs along the Red River and is bordered by Cross Lake. The city was named City of All the Americas three times in 1953, 1980 and 1999. According to our study, the average annual property insurance rate in Shreveport was $ 1,951 per year, which is $ 959 less than the state average. . State Farm and Liberty Mutual quoted home insurance rates of $ 1,767 and $ 1,784 for our housing sample, respectively. The Allstate quote of $ 2,303 was $ 536 more than the State Farm rate and $ 519 more than the rate offered by Liberty Mutual. Shreveport ranked as the second cheapest city for homeowners insurance in the 27 cities in our study in Louisiana Gov. * Top 10 Best Cheap Homeowners Insurance Quotes.
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AuthorHi, My name is jhon and i am a full time finance writer. Archives
February 2023
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