Top 5 Companies Offering the Cheapest Homeowners Insurance in Louisiana
By: Hemanth Ramesh August, 19, 2019
Which insurance firms in Louisiana offer the cheapest homeowners insurance under an HO-3 policy? To answer this question, Gavop analyzed data for brick veneer homes valued between $100,000 and $300,000 with a $500 deductible rate.
United Fire and Indemnity offers the cheapest homeowners insurance in Louisiana. The premium rate for the homeowner with a home valued at $100,000 is $465 per annum under an HO-3 policy. The deductible rate is $500 per annum. Shreveport, in particular, reports the lowest homeowner’s insurance rate offered by United Fire and Indemnity.
Maison Insurance Company offers the second cheapest homeowners insurance rate at $518 per annum under an HO-3 policy for homes valued at $100,000. The deductible rate is $500 per annum for a 25-year-old home. Alexandria reports the lowest homeowners insurance rate offered by Maison Insurance Company.
Bankers Specialty Insurance Co. offers homeowners insurance at the rate of $534 per annum under an HO-3 policy for homes valued at $300,000 and at a deductible rate of $500 per annum for a 25-year-old home. Here as well, Shreveport reports the lowest homeowner's insurance rate offered by Bankers Specialty Co.
The Travelers Indemnity Company offers a homeowners insurance rate of $552 per annum under an HO-3 policy for a home valued at $100,000 and a deductible rate of $500 per annum for a 25-year-old home. Baton Rouge reports the lowest homeowners insurance rate offered by Travelers Indemnity Company in Louisiana.
The Automobile Insurance Company of Hartford Connecticut offers a homeowners insurance rate of $570 per annum under an HO-3 policy for a home valued at $100,000 and a deductible rate of $500 per annum for a 25-year-old home. Baton Rouge reports the lowest homeowner's insurance rate offered by The Automobile Insurance Company in Louisiana.
ABOUT THE AUTHOR
Hemanth Ramesh
Hemanth Ramesh works as a writer for Gavop. He has previously written content for film promotions, start-ups, advertising agencies and event management firms. Hemanth Ramesh completed his MA in Journalism and Mass Communication from The English and Foreign Languages University. His other passion includes script writing.
