How much does Homeowners Insurance cost in Baton Rouge, Louisiana can depend on underwriting factors and coverage options that will determine if you pay $1200 or more on insurance.
Not all insurance policies are the same
Here is an option from a local Insurance company
Address: Redlands drive Baton Rouge, La 70814
Value: 300,000
Home Details: 1,850 square feet, Brick, Gable Roof, Roof 2015, Built 1973
Here are the Coverage Options
| Dwelling | 300,000 |
| Other Structures | 30,000 |
| Personal Property | 75,000 |
| Loss of Use | 30,000 |
| Liability | 300,000 |
| Medical Payments | 1,000 |
| Estimated Annual Premium | $1,196 |
Coverage Option Add Ons
| Replacement Cost Contents | $231 |
| Replacement Cost Roof | $135 |
| Sewer Water Back Up | $110 |
| Personal Injury (libel or slander) | $64 |
| Service Line Replacement | $75 |
| Equipment Breakdown | $74 |
Get Your Home Insurance proposal
Deductible Options can help You save
| 1,000/1% Wind | $0 |
| 2500/2% Wind | -$336 |
| 5000/3% Wind | -$505 |
| 5000/5% Wind | -$665 |
Underwriting factors can determine the rate you pay from $1100 to $3200 for a 300,000 home in Baton Rouge, Louisiana
Frequently Asked Questions
Does my credit score affect the price I pay for homeowners insurance?
Yes. The lowest rates can be obtained with a higher credit score
Can I lower the rate I pay when I get my renewal?
Yes. You can adjust your coverage options. At renewal you should review your coverage with your insurance agent as coverage needs can change each year.
How much Home Insurance do I need?
Your lender wants you to have enough coverage to satisfy the loan amount but you need to make sure you have enough insurance protection to rebuild your home after an unexpected loss.
Consult a homebuilder and ask for the current cost per square foot to get an idea of the cost to rebuild
Insurance companies don’t care about the land value or if real estate prices have gone up or down.
The insured value is the amount you must carry to rebuild your home in the event of total loss
